GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grand River Commerce Inc (OTCPK:GNRV) » Definitions » Cyclically Adjusted Price-to-FCF

Grand River Commerce (Grand River Commerce) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Grand River Commerce Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand River Commerce Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Grand River Commerce'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.

Grand River Commerce Cyclically Adjusted Price-to-FCF Chart

Grand River Commerce Annual Data
Trend Dec10 Dec11 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 - - - - -

Grand River Commerce 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 - - - - -

Competitive Comparison of Grand River Commerce's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Grand River Commerce'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.


Grand River Commerce's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Grand River Commerce's Cyclically Adjusted Price-to-FCF falls into.



Grand River Commerce 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.

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

For example, Grand River Commerce'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)
=0/131.7762*131.7762
=0.000

Current CPI (Mar. 2024) = 131.7762.

Grand River Commerce Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 -0.313 91.003 -0.453
200909 -0.305 91.120 -0.441
200912 -0.493 91.111 -0.713
201003 0.032 91.821 0.046
201006 -0.384 91.962 -0.550
201009 0.135 92.162 0.193
201012 -0.150 92.474 -0.214
201103 -0.012 94.283 -0.017
201106 0.246 95.235 0.340
201109 -0.342 95.727 -0.471
201112 -0.079 95.213 -0.109
201203 -0.119 96.783 -0.162
201206 -0.672 96.819 -0.915
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000
202403 0.000 131.776 0.000

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.


Grand River Commerce  (OTCPK:GNRV) 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.


Grand River Commerce Cyclically Adjusted Price-to-FCF Related Terms

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


Grand River Commerce (Grand River Commerce) Business Description

Traded in Other Exchanges
N/A
Address
4471 Wilson Avenue, South West, Grandville, MI, USA, 49418
Grand River Commerce Inc is a United States based bank holding company. It operates a full-service commercial bank and offers a range of commercial and consumer banking services to businesses, professionals, and local residents. The bank's deposit products are Interest and Non-interest bearing checking accounts, Savings accounts and Time deposits, and its primary lending products are Real estate mortgages, Commercial and Consumer loans. The company's prime source of revenue is the interest income.
Executives
Patrick K Gill officer: PRES/CEO - Grand River Bank
Thomas Patrick Jeakle director 333 BRIDGE NW, 11TH FLOOR, GRAND RAPIDS MI 49504
Randall L Hartgerink director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Ted Kortes director PO BOX 100, MT. PLEASANT MI 48804-0100
Blauw Richard James Jr director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Roger Lee Roode director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Jerry Andrew Sytsma director, officer: VICE PRESIDENT, SECRETARY 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Robert Paul Bilotti director, officer: CHAIRMAN, PRESIDENT AND CEO 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Jeffrey Alan Elders director, officer: Treasurer 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
David Kenneth Hovingh director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Cheryl Mae Blouw director 4471 WISLON AVENUE SW, GRANDVILLE MI 49418
David Harold Blossey director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Lawrence Barcley Fitch director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Elizabeth Claire Bracken officer: Chief Financial Officer 4471 WILSON AVE. SW, GRANDVILLE MI 49418
Mark Arden Martis officer: CLO for Grand River Bank 4471 WILSON AVE SW, GRANDVILLE MI 49418

Grand River Commerce (Grand River Commerce) Headlines