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Summit State Bank (Summit State Bank) Cyclically Adjusted Price-to-FCF : 7.27 (As of Jun. 09, 2024)


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What is Summit State Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Summit State Bank's current share price is $8.80. Summit State Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.21. Summit State Bank's Cyclically Adjusted Price-to-FCF for today is 7.27.

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

SSBI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.61   Med: 12.1   Max: 16.72
Current: 7.27

During the past years, Summit State Bank's highest Cyclically Adjusted Price-to-FCF was 16.72. The lowest was 5.61. And the median was 12.10.

SSBI's Cyclically Adjusted Price-to-FCF is ranked worse than
52.47% of 829 companies
in the Banks industry
Industry Median: 7.33 vs SSBI: 7.27

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.

Summit State Bank's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.096. 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 $1.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Summit State Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Summit State Bank'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.

Summit State Bank Cyclically Adjusted Price-to-FCF Chart

Summit State Bank 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 10.40 11.19 13.29 12.26 10.39

Summit State Bank 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 11.42 11.84 13.07 10.39 8.96

Competitive Comparison of Summit State Bank's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Summit State Bank'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.


Summit State Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Summit State Bank's Cyclically Adjusted Price-to-FCF falls into.



Summit State Bank 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.

Summit State Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.80/1.21
=7.27

* 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.

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

For example, Summit State Bank'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)
=0.096/131.7762*131.7762
=0.096

Current CPI (Mar. 2024) = 131.7762.

Summit State Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.137 100.560 0.180
201409 0.414 100.428 0.543
201412 0.038 99.070 0.051
201503 0.051 99.621 0.067
201506 0.144 100.684 0.188
201509 0.377 100.392 0.495
201512 0.093 99.792 0.123
201603 0.271 100.470 0.355
201606 0.096 101.688 0.124
201609 0.274 101.861 0.354
201612 0.110 101.863 0.142
201703 0.116 102.862 0.149
201706 0.096 103.349 0.122
201709 0.210 104.136 0.266
201712 0.184 104.011 0.233
201803 0.076 105.290 0.095
201806 -0.056 106.317 -0.069
201809 0.321 106.507 0.397
201812 0.090 105.998 0.112
201903 0.068 107.251 0.084
201906 0.076 108.070 0.093
201909 -0.482 108.329 -0.586
201912 3.847 108.420 4.676
202003 0.219 108.902 0.265
202006 0.136 108.767 0.165
202009 -0.162 109.815 -0.194
202012 0.348 109.897 0.417
202103 1.200 111.754 1.415
202106 2.031 114.631 2.335
202109 -2.431 115.734 -2.768
202112 0.305 117.630 0.342
202203 3.375 121.301 3.666
202206 -2.783 125.017 -2.933
202209 0.322 125.227 0.339
202212 1.113 125.222 1.171
202303 -0.440 127.348 -0.455
202306 0.554 128.729 0.567
202309 -0.356 129.860 -0.361
202312 -0.150 129.419 -0.153
202403 0.096 131.776 0.096

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.


Summit State Bank  (NAS:SSBI) 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.


Summit State Bank Cyclically Adjusted Price-to-FCF Related Terms

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


Summit State Bank (Summit State Bank) Business Description

Industry
Traded in Other Exchanges
N/A
Address
500 Bicentennial Way, Santa Rosa, CA, USA, 95403
Summit State Bank is a state-chartered commercial bank operating a traditional community banking business within the primary service area of Sonoma County in California, however, it also considers and makes loans to borrowers primarily from Marin, Napa, and San Francisco counties. The bank provides a broad array of financial services to small to medium-sized businesses and their owners and employees, entrepreneurs, high-net-worth families, foundations, estates, and individual consumers. Its lending activities are primarily focused on commercial real estate, construction, and business loans to targeted clientele. The bank also has loan production offices in California (Roseville, Irvine, and Tustin), Arizona (Scottsdale), Texas (Montgomery), and Washington (Mukilteo).

Summit State Bank (Summit State Bank) Headlines

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