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Procter & Gamble Co (NEOE:PG) Cyclically Adjusted Price-to-FCF : 29.01 (As of May. 23, 2024)


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What is Procter & Gamble Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Procter & Gamble Co's current share price is C$29.01. Procter & Gamble Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$1.00. Procter & Gamble Co's Cyclically Adjusted Price-to-FCF for today is 29.01.

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

NEOE:PG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.15   Med: 23.73   Max: 33.42
Current: 29.3

During the past years, Procter & Gamble Co's highest Cyclically Adjusted Price-to-FCF was 33.42. The lowest was 18.15. And the median was 23.73.

NEOE:PG's Cyclically Adjusted Price-to-FCF is ranked worse than
57.02% of 691 companies
in the Consumer Packaged Goods industry
Industry Median: 23.71 vs NEOE:PG: 29.30

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.

Procter & Gamble Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$1.802. 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 C$1.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Procter & Gamble Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Procter & Gamble Co'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.

Procter & Gamble Co Cyclically Adjusted Price-to-FCF Chart

Procter & Gamble Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.43 28.32 28.97 27.51 27.81

Procter & Gamble Co 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 27.85 27.81 26.02 25.92 28.24

Competitive Comparison of Procter & Gamble Co's Cyclically Adjusted Price-to-FCF

For the Household & Personal Products subindustry, Procter & Gamble Co'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.


Procter & Gamble Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Co's Cyclically Adjusted Price-to-FCF falls into.



Procter & Gamble Co 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.

Procter & Gamble Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.01/1
=29.01

* 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.

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

For example, Procter & Gamble Co'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)
=1.802/131.7762*131.7762
=1.802

Current CPI (Mar. 2024) = 131.7762.

Procter & Gamble Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.223 100.560 1.603
201409 1.076 100.428 1.412
201412 1.040 99.070 1.383
201503 1.196 99.621 1.582
201506 1.166 100.684 1.526
201509 1.391 100.392 1.826
201512 1.814 99.792 2.395
201603 1.156 100.470 1.516
201606 1.306 101.688 1.692
201609 1.087 101.861 1.406
201612 1.099 101.863 1.422
201703 1.108 102.862 1.419
201706 1.250 103.349 1.594
201709 1.140 104.136 1.443
201712 1.395 104.011 1.767
201803 1.194 105.290 1.494
201806 1.649 106.317 2.044
201809 1.241 106.507 1.535
201812 1.693 105.998 2.105
201903 1.402 107.251 1.723
201906 1.767 108.070 2.155
201909 1.545 108.329 1.879
201912 1.882 108.420 2.287
202003 1.780 108.902 2.154
202006 2.152 108.767 2.607
202009 1.960 109.815 2.352
202012 2.379 109.897 2.853
202103 1.665 111.754 1.963
202106 1.618 114.631 1.860
202109 1.759 115.734 2.003
202112 2.261 117.630 2.533
202203 1.250 121.301 1.358
202206 1.533 125.017 1.616
202209 1.694 125.227 1.783
202212 1.569 125.222 1.651
202303 1.733 127.348 1.793
202306 2.470 128.729 2.528
202309 2.175 129.860 2.207
202312 2.328 129.419 2.370
202403 1.802 131.776 1.802

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.


Procter & Gamble Co  (NEOE:PG) 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.


Procter & Gamble Co Cyclically Adjusted Price-to-FCF Related Terms

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


Procter & Gamble Co (NEOE:PG) Business Description

Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.