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Persistent Systems (NSE:PERSISTENT) Cyclically Adjusted FCF per Share : ₹0.00 (As of Mar. 2024)


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What is Persistent Systems 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.

Persistent Systems's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₹0.000. 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 ₹0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Persistent Systems's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 Persistent Systems was 19.20% per year. The lowest was 19.20% per year. And the median was 19.20% per year.

As of today (2024-06-07), Persistent Systems's current stock price is ₹3694.35. Persistent Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₹0.00. Persistent Systems's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Persistent Systems was 145.83. The lowest was 16.15. And the median was 83.66.


Persistent Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Persistent Systems'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.

Persistent Systems Cyclically Adjusted FCF per Share Chart

Persistent Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.50 19.44 21.89 24.54 -

Persistent Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.54 23.34 25.48 - -

Competitive Comparison of Persistent Systems's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Persistent Systems'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.


Persistent Systems's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Persistent Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Persistent Systems 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, Persistent Systems'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)
=0/153.0345*153.0345
=0.000

Current CPI (Mar. 2024) = 153.0345.

Persistent Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.880 94.103 3.057
201409 2.348 96.780 3.713
201412 5.635 96.780 8.910
201503 3.633 97.163 5.722
201506 0.727 99.841 1.114
201509 0.270 101.753 0.406
201512 2.645 102.901 3.934
201603 1.865 102.518 2.784
201606 -6.839 105.961 -9.877
201609 3.082 105.961 4.451
201612 2.953 105.196 4.296
201703 5.108 105.196 7.431
201706 -3.606 107.109 -5.152
201709 11.036 109.021 15.491
201712 6.903 109.404 9.656
201803 7.897 109.786 11.008
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.000 118.202 0.000
201906 0.149 120.880 0.189
201909 -0.985 123.175 -1.224
201912 5.388 126.235 6.532
202003 13.490 124.705 16.555
202006 0.337 127.000 0.406
202009 12.303 130.118 14.470
202012 15.619 130.889 18.262
202103 11.507 131.771 13.364
202106 0.343 134.084 0.391
202109 6.663 135.847 7.506
202112 17.368 138.161 19.238
202203 5.694 138.822 6.277
202206 -7.486 142.347 -8.048
202209 13.699 144.661 14.492
202212 11.381 145.763 11.949
202303 16.590 146.865 17.287
202306 -8.323 150.280 -8.476
202309 22.403 151.492 22.631
202312 0.000 152.924 0.000
202403 0.000 153.035 0.000

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


Persistent Systems  (NSE:PERSISTENT) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Persistent Systems was 145.83. The lowest was 16.15. And the median was 83.66.


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.


Persistent Systems Cyclically Adjusted FCF per Share Related Terms

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


Persistent Systems (NSE:PERSISTENT) Business Description

Industry
Traded in Other Exchanges
Address
402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016
Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market: Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm's revenue gets derived from the Software, Hi-Tech and Emerging Industries segment.

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