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CVB Financial (FRA:BCV) Cyclically Adjusted Price-to-FCF : 10.14 (As of Jun. 07, 2024)


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What is CVB Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), CVB Financial's current share price is €14.90. CVB Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.47. CVB Financial's Cyclically Adjusted Price-to-FCF for today is 10.14.

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

FRA:BCV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.32   Med: 16.58   Max: 22.65
Current: 10.2

During the past years, CVB Financial's highest Cyclically Adjusted Price-to-FCF was 22.65. The lowest was 7.32. And the median was 16.58.

FRA:BCV's Cyclically Adjusted Price-to-FCF is ranked worse than
70.7% of 826 companies
in the Banks industry
Industry Median: 7.32 vs FRA:BCV: 10.20

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.

CVB Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.513. 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 €1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVB Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CVB Financial'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.

CVB Financial Cyclically Adjusted Price-to-FCF Chart

CVB Financial 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 17.51 15.31 15.79 17.76 12.83

CVB Financial 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 11.00 8.61 10.40 12.83 11.00

Competitive Comparison of CVB Financial's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, CVB Financial'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.


CVB Financial's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where CVB Financial's Cyclically Adjusted Price-to-FCF falls into.



CVB Financial 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.

CVB Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.90/1.47
=10.14

* 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.

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

For example, CVB Financial'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)
=0.513/131.7762*131.7762
=0.513

Current CPI (Mar. 2024) = 131.7762.

CVB Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.018 100.560 0.024
201409 0.245 100.428 0.321
201412 0.163 99.070 0.217
201503 0.244 99.621 0.323
201506 0.178 100.684 0.233
201509 0.293 100.392 0.385
201512 0.170 99.792 0.224
201603 0.256 100.470 0.336
201606 0.213 101.688 0.276
201609 0.320 101.861 0.414
201612 0.141 101.863 0.182
201703 0.483 102.862 0.619
201706 0.048 103.349 0.061
201709 0.313 104.136 0.396
201712 0.233 104.011 0.295
201803 0.333 105.290 0.417
201806 0.169 106.317 0.209
201809 0.310 106.507 0.384
201812 0.299 105.998 0.372
201903 0.335 107.251 0.412
201906 0.171 108.070 0.209
201909 0.418 108.329 0.508
201912 0.375 108.420 0.456
202003 0.485 108.902 0.587
202006 0.137 108.767 0.166
202009 0.251 109.815 0.301
202012 0.273 109.897 0.327
202103 0.287 111.754 0.338
202106 0.136 114.631 0.156
202109 0.414 115.734 0.471
202112 0.368 117.630 0.412
202203 0.463 121.301 0.503
202206 0.352 125.017 0.371
202209 0.527 125.227 0.555
202212 0.471 125.222 0.496
202303 0.469 127.348 0.485
202306 0.600 128.729 0.614
202309 0.571 129.860 0.579
202312 0.312 129.419 0.318
202403 0.513 131.776 0.513

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.


CVB Financial  (FRA:BCV) 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.


CVB Financial Cyclically Adjusted Price-to-FCF Related Terms

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


CVB Financial (FRA:BCV) Business Description

Industry
Traded in Other Exchanges
Address
701 N. Haven Avenue, Suite 350, Ontario, CA, USA, 91764
CVB Financial Corp is the holding company for Citizens Business Bank. Citizens Business Bank offers banking, lending, and investing services through approximately 58 banking centers and three trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.

CVB Financial (FRA:BCV) Headlines