Question 1

What is PSB Holdings's P/FCF ratio?

Accepted Answer

PSB Holdings (PSBQ) P/FCF ratio is 8.5× as of September 29, 2025. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for PSB Holdings?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For PSB Holdings specifically, the relevant sector benchmark is the current sector median of 11.1×.

Question 5

Is PSB Holdings's P/FCF ratio high or low?

Accepted Answer

PSB Holdings's P/FCF ratio of 8.5× is below its own 5-year average of 546.4× and below the sector median of 11.1×. That places the current reading at the 14th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is PSB Holdings's historical P/FCF ratio range?

Accepted Answer

In the available daily series, PSB Holdings (PSBQ) P/FCF ratio has ranged from a low of 3.9× in 2011 to a high of 2401.9× in 2024. The 5-year average is 546.4× and the 5-year median is 294.4×.

Question 7

What was PSB Holdings's P/FCF ratio in 2024?

Accepted Answer

PSB Holdings (PSBQ) P/FCF ratio at the end of 2024 was 8.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does PSB Holdings's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$105.14M	—	—	—	Dec 31, 2025
2024	$108.50M	$12.25M	8.9×	-414.0×	Dec 31, 2024
2023	$92.17M	$218.00K	422.8×	+88.8×	Dec 31, 2023
2022	$95.86M	$287.00K	334.0×	—	Dec 31, 2022
2021	$115.80M	$0.00	—	—	Dec 31, 2021
2020	$91.58M	$0.00	—	—	Dec 31, 2020
2019	$122.96M	$0.00	—	—	Dec 31, 2019
2018	$101.02M	$0.00	—	—	Dec 31, 2018
2017	$105.03M	$0.00	—	—	Dec 31, 2017
2016	$90.12M	$0.00	—	—	Dec 31, 2016
2015	$69.91M	$0.00	—	—	Dec 31, 2015
2014	$58.12M	$8.44M	6.9×	+2.8×	Dec 31, 2014
2013	$51.63M	$12.70M	4.1×	-2.1×	Dec 31, 2013
2012	$43.25M	$6.98M	6.2×	+2.3×	Dec 31, 2012
2011	$37.17M	$9.53M	3.9×	-0.8×	Dec 31, 2011
2010	$35.97M	$7.71M	4.7×	-2.2×	Dec 31, 2010
2009	$23.48M	$3.41M	6.9×	+2.0×	Dec 31, 2009
2008	$22.47M	$4.59M	4.9×	-3.1×	Dec 31, 2008
2007	$40.14M	$4.99M	8.0×	-4.0×	Dec 31, 2007
2006	$48.16M	$4.01M	12.0×	+1.1×	Dec 31, 2006
2005	$52.63M	$4.85M	10.9×	—	Dec 31, 2005
2004	$55.12M	−$1.03M	—	—	Dec 31, 2004
2003	$66.63M	$5.48M	12.2×	+1.0×	Dec 31, 2003
2002	$47.75M	$4.29M	11.1×	-9.6×	Dec 31, 2002
2001	$56.12M	$2.71M	20.7×	—	Dec 31, 2001


Assurant (AIZ)	7.5×
Progressive (PGR)	7.1×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
Interactive Brokers (IBKR)	6.9×
Invesco (IVZ)	6.9×
American Financial Group (AFG)	6.8×
The Hartford (HIG)	6.5×
Commerce Bancshares (CBSH)	6.4×
Bank of America (BAC)	6.3×
Arch Capital Group (ACGL)	5.9×
JPMorgan Chase (JPM)	5.8×
Travelers Companies (TRV)	5.5×
Principal Financial Group (PFG)	5.5×
Everest Re Group (RE)	5.0×
Allstate (ALL)	4.7×
Everest Re Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
RenaissanceRe Holdings (RNR)	3.0×
MetLife (MET)	2.8×
Synchrony Financial (SYF)	2.4×
Atlantic Union Bankshares (AUB)	2.2×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for PSB Holdings (PSBQ)

P/FCF Ratio daily chart for PSB Holdings (PSBQ)

Historical P/FCF Ratio for PSB Holdings (PSBQ) from 2001 to 2025

About P/FCF Ratio at PSB Holdings (PSBQ)

PSB Holdings P/FCF Ratio by Year

PSB Holdings P/FCF Ratio 2024: 8.9×

PSB Holdings P/FCF Ratio 2023: 422.8×

PSB Holdings P/FCF Ratio 2022: 334.0×

PSB Holdings P/FCF Ratio 2014: 6.9×

PSB Holdings P/FCF Ratio 2013: 4.1×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

PSB Holdings (PSBQ) Key Financials

P/FCF Ratio daily chart for PSB Holdings (PSBQ)

Historical P/FCF Ratio for PSB Holdings (PSBQ) from 2001 to 2025

About P/FCF Ratio at PSB Holdings (PSBQ)

PSB Holdings P/FCF Ratio by Year

PSB Holdings P/FCF Ratio 2024: 8.9×

PSB Holdings P/FCF Ratio 2023: 422.8×

PSB Holdings P/FCF Ratio 2022: 334.0×

PSB Holdings P/FCF Ratio 2014: 6.9×

PSB Holdings P/FCF Ratio 2013: 4.1×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is PSB Holdings's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for PSB Holdings?

+Is PSB Holdings's P/FCF ratio high or low?

+What is PSB Holdings's historical P/FCF ratio range?

+What was PSB Holdings's P/FCF ratio in 2024?

+Why does PSB Holdings's P/FCF ratio change over time?

PSB Holdings (PSBQ) Key Financials