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Oberbank AG (WBO:OBS) Cyclically Adjusted Price-to-FCF : 17.57 (As of Jun. 07, 2024)


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What is Oberbank AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Oberbank AG's current share price is €69.40. Oberbank AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.95. Oberbank AG's Cyclically Adjusted Price-to-FCF for today is 17.57.

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

WBO:OBS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.37   Med: 18.78   Max: 534.44
Current: 17.59

During the past years, Oberbank AG's highest Cyclically Adjusted Price-to-FCF was 534.44. The lowest was 10.37. And the median was 18.78.

WBO:OBS's Cyclically Adjusted Price-to-FCF is ranked worse than
88.62% of 826 companies
in the Banks industry
Industry Median: 7.3 vs WBO:OBS: 17.59

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.

Oberbank AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-2.453. 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 €3.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oberbank AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Oberbank 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.

* Premium members only.

Oberbank AG Cyclically Adjusted Price-to-FCF Chart

Oberbank AG 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 - 23.84 10.67 19.24 18.18

Oberbank AG 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 15.91 18.25 15.25 18.18 17.64

Competitive Comparison of Oberbank AG's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Oberbank 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.


Oberbank AG's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Oberbank 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.

Oberbank AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.40/3.95
=17.57

* 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.

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

For example, Oberbank AG'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)
=-2.453/133.7589*133.7589
=-2.453

Current CPI (Mar. 2024) = 133.7589.

Oberbank AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.180 99.496 -0.242
201409 0.434 99.586 0.583
201412 -0.024 99.676 -0.032
201503 0.919 99.992 1.229
201506 -2.070 100.492 -2.755
201509 2.268 100.292 3.025
201512 0.094 100.692 0.125
201603 -1.454 100.692 -1.931
201606 -0.258 101.092 -0.341
201609 -0.007 101.192 -0.009
201612 2.817 102.092 3.691
201703 1.099 102.592 1.433
201706 4.835 102.991 6.279
201709 -1.924 103.591 -2.484
201712 -1.988 104.291 -2.550
201803 -6.795 104.491 -8.698
201806 -0.737 105.091 -0.938
201809 -1.787 105.691 -2.262
201812 8.193 106.291 10.310
201903 -0.372 106.391 -0.468
201906 -5.351 106.791 -6.702
201909 5.001 106.991 6.252
201912 -3.535 108.091 -4.374
202003 11.260 108.024 13.943
202006 15.223 107.915 18.869
202009 3.824 108.348 4.721
202012 -7.329 109.321 -8.967
202103 19.569 110.186 23.755
202106 -4.224 110.943 -5.093
202109 11.525 111.916 13.774
202112 2.346 113.971 2.753
202203 -2.948 117.647 -3.352
202206 -4.245 120.567 -4.709
202209 -2.120 123.811 -2.290
202212 -17.347 125.541 -18.483
202303 4.658 128.460 4.850
202306 1.866 130.191 1.917
202309 4.748 131.272 4.838
202312 -3.723 132.570 -3.756
202403 -2.453 133.759 -2.453

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.


Oberbank AG  (WBO:OBS) 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.


Oberbank AG Cyclically Adjusted Price-to-FCF Related Terms

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


Oberbank AG (WBO:OBS) Business Description

Industry
Traded in Other Exchanges
Address
Untere Donaulande 28, Linz, AUT, 4020
Oberbank AG provides various banking products and services. The company's operating segments include Corporate and Business Banking, Personal Banking, Financial Markets, and Others. The firm offers services such as corporate and business loans, investment finance, structured finance, export finance, syndicated loans and international lending, and payment services. It also offers deposit banking, personal accounts and personal loans, asset management, brokerage, private banking, building and loan association saving, insurance services, as well as card products. The majority of its revenue is derived from Corporate and Business Banking.
Executives
Dr. Franz Gasselsberger Supervisory Board

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