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Preferred Apartment Communities (Preferred Apartment Communities) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Preferred Apartment Communities Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Preferred Apartment Communities Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Preferred Apartment Communities'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.

Preferred Apartment Communities Cyclically Adjusted Price-to-FCF Chart

Preferred Apartment Communities Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Preferred Apartment Communities Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Preferred Apartment Communities's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Preferred Apartment Communities'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.


Preferred Apartment Communities's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Preferred Apartment Communities's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Preferred Apartment Communities 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.

Preferred Apartment Communities's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Preferred Apartment Communities's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.415/121.3010*121.3010
=0.415

Current CPI (Mar. 2022) = 121.3010.

Preferred Apartment Communities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.168 96.819 0.210
201209 0.237 97.633 0.294
201212 0.219 96.871 0.274
201303 0.143 98.209 0.177
201306 0.303 98.518 0.373
201309 0.257 98.790 0.316
201312 0.197 98.326 0.243
201403 0.328 99.695 0.399
201406 0.333 100.560 0.402
201409 -0.033 100.428 -0.040
201412 0.267 99.070 0.327
201503 0.355 99.621 0.432
201506 0.475 100.684 0.572
201509 0.444 100.392 0.536
201512 0.314 99.792 0.382
201603 0.583 100.470 0.704
201606 0.835 101.688 0.996
201609 0.863 101.861 1.028
201612 0.309 101.863 0.368
201703 0.679 102.862 0.801
201706 0.805 103.349 0.945
201709 0.838 104.136 0.976
201712 0.425 104.011 0.496
201803 0.804 105.290 0.926
201806 1.060 106.317 1.209
201809 0.963 106.507 1.097
201812 0.808 105.998 0.925
201903 0.618 107.251 0.699
201906 1.105 108.070 1.240
201909 1.114 108.329 1.247
201912 0.461 108.420 0.516
202003 -1.472 108.902 -1.640
202006 1.001 108.767 1.116
202009 1.029 109.815 1.137
202012 0.358 109.897 0.395
202103 0.762 111.754 0.827
202106 1.060 114.631 1.122
202109 1.201 115.734 1.259
202112 0.324 117.630 0.334
202203 0.415 121.301 0.415

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.


Preferred Apartment Communities  (NYSE:APTS) 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.


Preferred Apartment Communities Cyclically Adjusted Price-to-FCF Related Terms

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


Preferred Apartment Communities (Preferred Apartment Communities) Business Description

Traded in Other Exchanges
N/A
Address
3284 Northside Parkway NW, Suite 150, Atlanta, GA, USA, 30327
Preferred Apartment Communities Inc is a real estate investment trust that acquires and operates multifamily properties in select targeted markets throughout the United States. It operates through the following segments: The Multifamily Communities segment being the highest revenue generating segment; Financing segment refers to the portfolio of real estate loans, bridge loans, other instruments, and other real estate related assets; New Market Properties segment covers a portfolio of grocery-anchored shopping centers, as well as the financial results from the retail real estate loans; and Preferred Office properties segment relates to the office buildings.
Executives
Sara Finley director ONE CVS DRIVE, WOONSOCKET RI 02895
Jeffrey David Sherman officer: PRESIDENT - MULTIFAMILY 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Michael Aide officer: PRESIDENT - RETAIL 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
John A Isakson officer: CHIEF FINANCIAL OFFICER 3284 NORTHSIDE PARKWAY, NW, SUITE 150, ATLANTA GA 30327
Jeffrey R Sprain officer: EVP, GENERAL COUNSEL AND SEC. 3284 NORTHSIDE PARKWAY, NW, SUITE 150 ATLANTA GA 30327
Daphne Bryson Jackson director 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
John M Cannon director 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Daniel M Dupree director 2500 WINDY RIDGE PARKWAY SUITE 1600, ATLANTA GA 30339
Parker Boone Dupree officer: President - Office 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Joel T Murphy director, officer: See Remarks 2500 WINDY RIDGE PARKWAY, SUITE 1600, ATLANTA GA 30339
Michael Joseph Cronin officer: See Remarks 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339
Steve Bartkowski director 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339
Gary B Coursey director
Gresham William J Jr director 1010 RICHMOND HILL DRIVE MARIETTA GA 30068
Timothy Alan Peterson director 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339

Preferred Apartment Communities (Preferred Apartment Communities) Headlines

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