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JetBlue Airways (FRA:JAW) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is JetBlue Airways Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


JetBlue Airways Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JetBlue Airways'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.

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JetBlue Airways Cyclically Adjusted Price-to-FCF Chart

JetBlue Airways 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 25.84 117.74 47.45 32.12 -

JetBlue Airways 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 32.35 40.61 115.74 - -

Competitive Comparison of JetBlue Airways's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, JetBlue Airways'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.


JetBlue Airways's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



JetBlue Airways 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.

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

For example, JetBlue Airways'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)
=-0.71/131.7762*131.7762
=-0.710

Current CPI (Mar. 2024) = 131.7762.

JetBlue Airways Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.062 100.560 0.081
201409 -0.077 100.428 -0.101
201412 -0.170 99.070 -0.226
201503 0.961 99.621 1.271
201506 0.318 100.684 0.416
201509 0.669 100.392 0.878
201512 -0.228 99.792 -0.301
201603 1.101 100.470 1.444
201606 0.704 101.688 0.912
201609 0.075 101.861 0.097
201612 -0.272 101.863 -0.352
201703 0.406 102.862 0.520
201706 0.379 103.349 0.483
201709 -0.044 104.136 -0.056
201712 -0.245 104.011 -0.310
201803 0.722 105.290 0.904
201806 0.079 106.317 0.098
201809 -0.146 106.507 -0.181
201812 -0.504 105.998 -0.627
201903 0.738 107.251 0.907
201906 0.710 108.070 0.866
201909 0.071 108.329 0.086
201912 -0.712 108.420 -0.865
202003 -0.793 108.902 -0.960
202006 0.105 108.767 0.127
202009 -1.895 109.815 -2.274
202012 -1.825 109.897 -2.188
202103 -0.106 111.754 -0.125
202106 2.990 114.631 3.437
202109 -0.439 115.734 -0.500
202112 -0.843 117.630 -0.944
202203 0.320 121.301 0.348
202206 -0.448 125.017 -0.472
202209 -0.740 125.227 -0.779
202212 -0.768 125.222 -0.808
202303 0.664 127.348 0.687
202306 -0.075 128.729 -0.077
202309 -1.386 129.860 -1.406
202312 -1.406 129.419 -1.432
202403 -0.710 131.776 -0.710

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.


JetBlue Airways  (FRA:JAW) 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.


JetBlue Airways Cyclically Adjusted Price-to-FCF Related Terms

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


JetBlue Airways (FRA:JAW) Business Description

Industry
Traded in Other Exchanges
Address
27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.

JetBlue Airways (FRA:JAW) Headlines

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