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Credit Suisse Group AG (Credit Suisse Group AG) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Credit Suisse Group AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Suisse Group AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Credit Suisse Group AG'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.

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Credit Suisse Group AG Cyclically Adjusted Price-to-FCF Chart

Credit Suisse Group AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Credit Suisse Group AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Credit Suisse Group AG's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, Credit Suisse Group AG'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.


Credit Suisse Group AG's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit Suisse Group AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Credit Suisse Group AG's Cyclically Adjusted Price-to-FCF falls into.



Credit Suisse Group AG 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.

Credit Suisse Group AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Credit Suisse Group AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=2.868/104.6662*104.6662
=2.868

Current CPI (Dec. 2022) = 104.6662.

Credit Suisse Group AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -4.426 101.221 -4.577
201306 12.299 101.466 12.687
201309 5.916 101.336 6.110
201312 -1.777 101.036 -1.841
201403 -7.826 101.224 -8.092
201406 0.000 101.517 0.000
201409 0.000 101.247 0.000
201412 0.000 100.704 0.000
201503 -5.531 100.339 -5.770
201506 7.005 100.464 7.298
201509 2.194 99.785 2.301
201512 3.919 99.386 4.127
201603 1.732 99.475 1.822
201606 2.524 100.088 2.639
201609 -3.067 99.604 -3.223
201612 9.979 99.380 10.510
201703 -3.040 100.040 -3.181
201706 1.764 100.285 1.841
201709 2.550 100.254 2.662
201712 -5.119 100.213 -5.346
201803 0.755 100.836 0.784
201806 3.388 101.435 3.496
201809 3.892 101.246 4.023
201812 -3.630 100.906 -3.765
201903 -2.873 101.571 -2.961
201906 1.456 102.044 1.493
201909 -3.204 101.396 -3.307
201912 -2.258 101.063 -2.338
202003 -3.682 101.048 -3.814
202006 2.505 100.743 2.603
202009 1.284 100.585 1.336
202012 -3.175 100.241 -3.315
202103 -0.843 100.800 -0.875
202106 9.832 101.352 10.153
202109 2.854 101.533 2.942
202112 2.804 101.776 2.884
202203 -1.944 103.205 -1.972
202206 0.386 104.783 0.386
202209 3.021 104.835 3.016
202212 2.868 104.666 2.868

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.


Credit Suisse Group AG  (NYSE:CS) 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.


Credit Suisse Group AG Cyclically Adjusted Price-to-FCF Related Terms

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Credit Suisse Group AG (Credit Suisse Group AG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Paradeplatz 8, Zurich, CHE, 8001
Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific.

Credit Suisse Group AG (Credit Suisse Group AG) Headlines

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