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Credit Suisse Group AG (LTS:0QP5) Cyclically Adjusted Price-to-FCF : (As of May. 14, 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)
=2.672/104.6662*104.6662
=2.672

Current CPI (Dec. 2022) = 104.6662.

Credit Suisse Group AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -4.189 101.221 -4.332
201306 11.476 101.466 11.838
201309 5.461 101.336 5.640
201312 -1.587 101.036 -1.644
201403 -6.891 101.224 -7.125
201406 0.000 101.517 0.000
201409 0.000 101.247 0.000
201412 0.000 100.704 0.000
201503 -5.419 100.339 -5.653
201506 6.529 100.464 6.802
201509 2.134 99.785 2.238
201512 3.900 99.386 4.107
201603 1.699 99.475 1.788
201606 2.447 100.088 2.559
201609 -2.984 99.604 -3.136
201612 10.172 99.380 10.713
201703 -3.044 100.040 -3.185
201706 1.708 100.285 1.783
201709 2.454 100.254 2.562
201712 -5.052 100.213 -5.276
201803 0.716 100.836 0.743
201806 3.354 101.435 3.461
201809 3.769 101.246 3.896
201812 -3.601 100.906 -3.735
201903 -2.874 101.571 -2.962
201906 1.439 102.044 1.476
201909 -3.174 101.396 -3.276
201912 -2.219 101.063 -2.298
202003 -3.532 101.048 -3.658
202006 2.383 100.743 2.476
202009 1.175 100.585 1.223
202012 -2.821 100.241 -2.946
202103 -0.784 100.800 -0.814
202106 8.926 101.352 9.218
202109 2.634 101.533 2.715
202112 2.583 101.776 2.656
202203 -1.806 103.205 -1.832
202206 0.375 104.783 0.375
202209 2.940 104.835 2.935
202212 2.672 104.666 2.672

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  (LTS:0QP5) 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 (LTS:0QP5) 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 (LTS:0QP5) Headlines

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