GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PCB Bancorp (NAS:PCB) » Definitions » Cyclically Adjusted FCF per Share

PCB Bancorp (PCB Bancorp) Cyclically Adjusted FCF per Share : $2.24 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is PCB Bancorp Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

PCB Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.672. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PCB Bancorp's average Cyclically Adjusted FCF Growth Rate was 26.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of PCB Bancorp was 11.90% per year. The lowest was 11.90% per year. And the median was 11.90% per year.

As of today (2024-04-28), PCB Bancorp's current stock price is $15.47. PCB Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.24. PCB Bancorp's Cyclically Adjusted Price-to-FCF of today is 6.91.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PCB Bancorp was 19.76. The lowest was 6.31. And the median was 10.38.


PCB Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PCB Bancorp's Cyclically Adjusted FCF per Share 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.

PCB Bancorp Cyclically Adjusted FCF per Share Chart

PCB Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.60 1.25 1.77 2.24

PCB Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 1.77 1.95 2.08 2.23 2.24

Competitive Comparison of PCB Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, PCB Bancorp'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.


PCB Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



PCB Bancorp Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PCB Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.672/129.4194*129.4194
=0.672

Current CPI (Dec. 2023) = 129.4194.

PCB Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200703 0.000 86.640 0.000
200706 0.000 87.906 0.000
200709 0.000 87.964 0.000
200712 0.000 88.616 0.000
200812 0.000 88.697 0.000
200912 0.000 91.111 0.000
201012 0.000 92.474 0.000
201112 0.000 95.213 0.000
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.686 105.290 0.843
201806 -0.779 106.317 -0.948
201809 1.139 106.507 1.384
201812 0.833 105.998 1.017
201903 0.614 107.251 0.741
201906 0.426 108.070 0.510
201909 0.516 108.329 0.616
201912 0.260 108.420 0.310
202003 -0.496 108.902 -0.589
202006 0.720 108.767 0.857
202009 -1.567 109.815 -1.847
202012 2.346 109.897 2.763
202103 0.560 111.754 0.649
202106 -0.114 114.631 -0.129
202109 -0.504 115.734 -0.564
202112 -0.094 117.630 -0.103
202203 1.905 121.301 2.032
202206 0.578 125.017 0.598
202209 0.031 125.227 0.032
202212 0.925 125.222 0.956
202303 1.242 127.348 1.262
202306 1.107 128.729 1.113
202309 1.278 129.860 1.274
202312 0.672 129.419 0.672

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


PCB Bancorp  (NAS:PCB) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

PCB Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.47/2.24
=6.91

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PCB Bancorp was 19.76. The lowest was 6.31. And the median was 10.38.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


PCB Bancorp Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of PCB Bancorp's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PCB Bancorp (PCB Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PCB Bancorp (NAS:PCB) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
3701 Wilshire Boulevard, Suite 900, Los Angeles, CA, USA, 90010
PCB Bancorp is a bank holding company, which engages in the provision of consumer and commercial banking services. The bank provides personal and business checking accounts and savings accounts services. It offers a broad range of loan, deposit, and other products and services. Also, it provides a broad range of loans along with deposit products focused on individuals, professionals, and small-to-medium sized businesses. The bank's E-banking services comprise online banking, mobile banking, and cash management.
Executives
Sang Young Lee director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Mimi Lee officer: See Remarks 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Haeyoung Cho director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Sarah Jun other: Director of Subsidiary 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Justin Chon officer: See Remarks 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
David W. Kim officer: EVP & CHIEF BANKING OFFICER 3701 WILSHIRE BOULEVARD., SUITE 900, LOS ANGELES CA 90010
Janice Chung director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Daniel Cho other: Director of Subsidiary 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Michael A. Kwon officer: SVP & CHIEF TECHNOLOGY OFFICER 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Henry Kim director, officer: President, CEO and Director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Don Rhee director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
John Ju officer: See Remarks 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Suk Won Youn director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Kwang Jin Chung director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Hong Kyun Park director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010

PCB Bancorp (PCB Bancorp) Headlines

From GuruFocus

PCB Bancorp Declares $0.10 Quarterly Cash Dividend

By Business Wire Business Wire 10-24-2020

PCB Bancorp Announces Amendment to Stock Repurchase Plan

By Business Wire Business Wire 01-26-2023

PCB Bancorp Announces Stock Repurchase Plan

By Business Wire Business Wire 07-28-2022

PCB Bancorp Declares Quarterly Cash Dividend of $0.15 Per Common Share

By Business Wire Business Wire 04-28-2022

PCB Bancorp Announces Stock Repurchase Program

By Business Wire 08-03-2023