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Bank Of Chongqing Co (HKSE:01963) Cyclically Adjusted Price-to-FCF : 4.08 (As of May. 13, 2024)


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What is Bank Of Chongqing Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-13), Bank Of Chongqing Co's current share price is HK$5.14. Bank Of Chongqing Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$1.26. Bank Of Chongqing Co's Cyclically Adjusted Price-to-FCF for today is 4.08.

The historical rank and industry rank for Bank Of Chongqing Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:01963' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.36   Med: 1.78   Max: 4
Current: 4

During the past 13 years, Bank Of Chongqing Co's highest Cyclically Adjusted Price-to-FCF was 4.00. The lowest was 1.36. And the median was 1.78.

HKSE:01963's Cyclically Adjusted Price-to-FCF is ranked better than
74.91% of 833 companies
in the Banks industry
Industry Median: 7.64 vs HKSE:01963: 4.00

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.

Bank Of Chongqing Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.936. 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 HK$1.26 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Of Chongqing Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank Of Chongqing Co'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.

Bank Of Chongqing Co Cyclically Adjusted Price-to-FCF Chart

Bank Of Chongqing Co 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 2.05 1.59 1.36 1.71 3.14

Bank Of Chongqing Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 - - - 3.14 -

Competitive Comparison of Bank Of Chongqing Co's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Bank Of Chongqing Co'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.


Bank Of Chongqing Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Bank Of Chongqing Co's Cyclically Adjusted Price-to-FCF falls into.



Bank Of Chongqing Co 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.

Bank Of Chongqing Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.14/1.26
=4.08

* 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.

Bank Of Chongqing Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Bank Of Chongqing Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.936/117.2957*117.2957
=0.936

Current CPI (Dec23) = 117.2957.

Bank Of Chongqing Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 11.640 99.707 13.693
201512 7.223 102.015 8.305
201612 -7.330 103.225 -8.329
201712 -2.771 104.984 -3.096
201812 -12.559 107.622 -13.688
201912 -1.097 110.700 -1.162
202012 12.042 109.711 12.875
202112 1.697 112.349 1.772
202212 1.271 114.548 1.301
202312 0.936 117.296 0.936

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.


Bank Of Chongqing Co  (HKSE:01963) 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.


Bank Of Chongqing Co Cyclically Adjusted Price-to-FCF Related Terms

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


Bank Of Chongqing Co (HKSE:01963) Business Description

Traded in Other Exchanges
Address
348 Kwun Tong Road, 5/F, Manulife Place, Kowloon, HKG
Bank Of Chongqing Co Ltd is a China-based company that is engaged in banking. The company's core businesses consist of the corporate banking business, which provides corporate customers with financial products and services such as deposits and loans; the retailing banking business, which provides individual customers with financial products and services; and the treasury business, which is involved in interbank lending and borrowing, bond investment, repurchasing, and foreign currency transactions. The company generates over half of total revenue from the corporate banking business. The company's business is concentrated in Chongqing, and the firm also conducts business through branches in Chengdu, Guiyang, and Xi'an.

Bank Of Chongqing Co (HKSE:01963) Headlines

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