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Columbia Banking System (Columbia Banking System) Cyclically Adjusted Price-to-FCF : 7.59 (As of May. 10, 2024)


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What is Columbia Banking System Cyclically Adjusted Price-to-FCF?

As of today (2024-05-10), Columbia Banking System's current share price is $20.195. Columbia Banking System's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.66. Columbia Banking System's Cyclically Adjusted Price-to-FCF for today is 7.59.

The historical rank and industry rank for Columbia Banking System's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

COLB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.64   Med: 8.07   Max: 10.67
Current: 7.54

During the past years, Columbia Banking System's highest Cyclically Adjusted Price-to-FCF was 10.67. The lowest was 6.64. And the median was 8.07.

COLB's Cyclically Adjusted Price-to-FCF is ranked worse than
50.36% of 832 companies
in the Banks industry
Industry Median: 7.53 vs COLB: 7.54

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Columbia Banking System's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.860. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbia Banking System Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Columbia Banking System's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Columbia Banking System Cyclically Adjusted Price-to-FCF Chart

Columbia Banking System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 10.09

Columbia Banking System Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.76 7.79 7.61 10.09 7.28

Competitive Comparison of Columbia Banking System's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Columbia Banking System's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Columbia Banking System's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Columbia Banking System's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Columbia Banking System's Cyclically Adjusted Price-to-FCF falls into.



Columbia Banking System Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Columbia Banking System's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.195/2.66
=7.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Columbia Banking System's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Columbia Banking System's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.86/129.4194*129.4194
=0.860

Current CPI (Mar. 2024) = 129.4194.

Columbia Banking System Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.314 100.560 -0.404
201409 1.050 100.428 1.353
201412 0.308 99.070 0.402
201503 -0.197 99.621 -0.256
201506 0.378 100.684 0.486
201509 0.541 100.392 0.697
201512 0.668 99.792 0.866
201603 0.148 100.470 0.191
201606 1.109 101.688 1.411
201609 0.393 101.861 0.499
201612 0.092 101.863 0.117
201703 0.240 102.862 0.302
201706 0.092 103.349 0.115
201709 0.739 104.136 0.918
201712 1.244 104.011 1.548
201803 0.310 105.290 0.381
201806 -0.100 106.317 -0.122
201809 1.207 106.507 1.467
201812 0.831 105.998 1.015
201903 -0.254 107.251 -0.307
201906 -0.304 108.070 -0.364
201909 0.168 108.329 0.201
201912 -0.032 108.420 -0.038
202003 -0.559 108.902 -0.664
202006 -0.141 108.767 -0.168
202009 0.276 109.815 0.325
202012 0.795 109.897 0.936
202103 1.757 111.754 2.035
202106 -0.500 114.631 -0.565
202109 1.146 115.734 1.282
202112 0.549 117.630 0.604
202203 2.094 121.301 2.234
202206 2.344 125.017 2.427
202209 2.450 125.227 2.532
202212 1.113 125.222 1.150
202303 -0.271 127.348 -0.275
202306 1.277 128.729 1.284
202309 1.678 129.860 1.672
202312 0.442 129.419 0.442
202403 0.860 129.419 0.860

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Columbia Banking System  (NAS:COLB) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Columbia Banking System Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Columbia Banking System's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Columbia Banking System (Columbia Banking System) Business Description

Traded in Other Exchanges
N/A
Address
1301 A Street, Tacoma, WA, USA, 98402-2156
Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium-sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.
Executives
Drew K Anderson officer: Chief Administrative Officer C/O COLUMBIA BANKING SYSTEM, INC., 5885 MEADOWS ROAD, SUITE #400, LAKE OSWEGO OR 97035
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
John F Schultz director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Peggy Y Fowler director C/O PORTLAND GENERAL ELECTRIC CO, 121 SW SALMON ST, PORTLAND OR 97204
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Anddria Varnado director ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Torran B Nixon officer: Senior Executive VP ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Ron L Farnsworth officer: Chief Financial Officer 200 SW MARKET ST STE 1900, PORTLAND OR 97201
Frank Namdar officer: Chief Credit Officer ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Lisa M White officer: PAO & Corporate Controller 9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124
Sheri Burns officer: Chief Human Resources Officer C/O COLUMBIA BANKING SYSTEM, INC., 450 NW 114TH AVENUE, PORTLAND OR 97229
O'haver Cort L director, officer: Executive Chairman ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Andrew H Ognall officer: IMO General Counsel ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Laura Alvarez Schrag director 1301 A STREET, TACOMA WA 98402