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Jet Airways (India) (BOM:532617) Cyclically Adjusted Price-to-FCF : 1.27 (As of May. 22, 2024)


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What is Jet Airways (India) Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Jet Airways (India)'s current share price is ₹45.44. Jet Airways (India)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was ₹35.73. Jet Airways (India)'s Cyclically Adjusted Price-to-FCF for today is 1.27.

The historical rank and industry rank for Jet Airways (India)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:532617' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.11   Med: 0.93   Max: 1.83
Current: 1.28

During the past 13 years, Jet Airways (India)'s highest Cyclically Adjusted Price-to-FCF was 1.83. The lowest was 0.11. And the median was 0.93.

BOM:532617's Cyclically Adjusted Price-to-FCF is ranked better than
96.85% of 413 companies
in the Transportation industry
Industry Median: 18.22 vs BOM:532617: 1.28

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.

Jet Airways (India)'s adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was ₹0.886. 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 ₹35.73 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jet Airways (India) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jet Airways (India)'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.

Jet Airways (India) Cyclically Adjusted Price-to-FCF Chart

Jet Airways (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 0.10 0.89 1.23 1.62

Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - 1.62 -

Competitive Comparison of Jet Airways (India)'s Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Jet Airways (India)'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.


Jet Airways (India)'s Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

* The bar in red indicates where Jet Airways (India)'s Cyclically Adjusted Price-to-FCF falls into.



Jet Airways (India) 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.

Jet Airways (India)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=45.44/35.73
=1.27

* 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.

Jet Airways (India)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Jet Airways (India)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.886/146.8646*146.8646
=0.886

Current CPI (Mar23) = 146.8646.

Jet Airways (India) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 63.557 91.425 102.098
201503 -85.638 97.163 -129.444
201603 197.543 102.518 282.994
201703 68.841 105.196 96.109
201803 71.017 109.786 95.002
201903 136.203 118.202 169.230
202003 -230.923 124.705 -271.957
202103 6.707 131.771 7.475
202203 4.633 138.822 4.901
202303 0.886 146.865 0.886

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.


Jet Airways (India)  (BOM:532617) 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.


Jet Airways (India) Cyclically Adjusted Price-to-FCF Related Terms

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Jet Airways (India) (BOM:532617) Business Description

Traded in Other Exchanges
Address
252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.

Jet Airways (India) (BOM:532617) Headlines

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