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Citigroup (BSP:CTGP34) Cyclically Adjusted Price-to-FCF : 35.86 (As of May. 23, 2024)


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What is Citigroup Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Citigroup's current share price is R$54.87. Citigroup's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.53. Citigroup's Cyclically Adjusted Price-to-FCF for today is 35.86.

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

BSP:CTGP34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.29   Med: 7.71   Max: 2599.5
Current: 34.87

During the past years, Citigroup's highest Cyclically Adjusted Price-to-FCF was 2599.50. The lowest was 2.29. And the median was 7.71.

BSP:CTGP34's Cyclically Adjusted Price-to-FCF is ranked worse than
95.69% of 836 companies
in the Banks industry
Industry Median: 7.485 vs BSP:CTGP34: 34.87

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.

Citigroup's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$-5.312. 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 R$1.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citigroup Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Citigroup'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.

Citigroup Cyclically Adjusted Price-to-FCF Chart

Citigroup 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 7.81 7.98 7.63 4.52 14.09

Citigroup 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 6.25 11.69 9.99 14.09 34.56

Competitive Comparison of Citigroup's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, Citigroup'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.


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

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

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



Citigroup 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=54.87/1.53
=35.86

* 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.

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

For example, Citigroup'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)
=-5.312/131.7762*131.7762
=-5.312

Current CPI (Mar. 2024) = 131.7762.

Citigroup Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.610 100.560 -0.799
201409 1.258 100.428 1.651
201412 1.366 99.070 1.817
201503 0.233 99.621 0.308
201506 2.661 100.684 3.483
201509 4.779 100.392 6.273
201512 -0.513 99.792 -0.677
201603 -0.260 100.470 -0.341
201606 4.095 101.688 5.307
201609 1.233 101.861 1.595
201612 4.913 101.863 6.356
201703 -0.723 102.862 -0.926
201706 -3.894 103.349 -4.965
201709 3.365 104.136 4.258
201712 -1.301 104.011 -1.648
201803 1.277 105.290 1.598
201806 0.159 106.317 0.197
201809 5.728 106.507 7.087
201812 1.561 105.998 1.941
201903 -10.421 107.251 -12.804
201906 -0.834 108.070 -1.017
201909 0.426 108.329 0.518
201912 6.803 108.420 8.269
202003 -10.015 108.902 -12.119
202006 2.268 108.767 2.748
202009 -1.731 109.815 -2.077
202012 -0.974 109.897 -1.168
202103 10.020 111.754 11.815
202106 -0.233 114.631 -0.268
202109 15.016 115.734 17.097
202112 -6.311 117.630 -7.070
202203 -4.370 121.301 -4.747
202206 9.562 125.017 10.079
202209 -1.426 125.227 -1.501
202212 4.849 125.222 5.103
202303 -14.196 127.348 -14.690
202306 -22.827 128.729 -23.367
202309 5.947 129.860 6.035
202312 -2.709 129.419 -2.758
202403 -5.312 131.776 -5.312

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.


Citigroup  (BSP:CTGP34) 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.


Citigroup Cyclically Adjusted Price-to-FCF Related Terms

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


Citigroup (BSP:CTGP34) Business Description

Industry
Address
388 Greenwich Street, New York, NY, USA, 10013
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.

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