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MetLife (BSP:METB34) Cyclically Adjusted Price-to-FCF : 4.53 (As of May. 09, 2024)


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What is MetLife Cyclically Adjusted Price-to-FCF?

As of today (2024-05-09), MetLife's current share price is R$366.14. MetLife's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$80.83. MetLife's Cyclically Adjusted Price-to-FCF for today is 4.53.

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

BSP:METB34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.78   Med: 3.88   Max: 4.86
Current: 4.37

During the past years, MetLife's highest Cyclically Adjusted Price-to-FCF was 4.86. The lowest was 1.78. And the median was 3.88.

BSP:METB34's Cyclically Adjusted Price-to-FCF is ranked better than
78.77% of 325 companies
in the Insurance industry
Industry Median: 10.98 vs BSP:METB34: 4.37

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.

MetLife's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$15.916. 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 R$80.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MetLife Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MetLife'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.

MetLife Cyclically Adjusted Price-to-FCF Chart

MetLife 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 3.72 3.33 4.07 4.55 4.04

MetLife 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 3.60 3.50 3.83 4.04 4.52

Competitive Comparison of MetLife's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, MetLife'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.


MetLife's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, MetLife's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MetLife 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.

MetLife's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=366.14/80.83
=4.53

* 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.

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

For example, MetLife'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)
=15.916/129.4194*129.4194
=15.916

Current CPI (Mar. 2024) = 129.4194.

MetLife Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 8.686 100.560 11.179
201409 8.255 100.428 10.638
201412 12.493 99.070 16.320
201503 7.429 99.621 9.651
201506 11.588 100.684 14.895
201509 9.116 100.392 11.752
201512 15.664 99.792 20.314
201603 6.381 100.470 8.220
201606 13.245 101.688 16.857
201609 8.584 101.861 10.906
201612 17.097 101.863 21.722
201703 5.972 102.862 7.514
201706 10.357 103.349 12.970
201709 13.840 104.136 17.200
201712 6.360 104.011 7.914
201803 4.069 105.290 5.002
201806 20.656 106.317 25.145
201809 14.506 106.507 17.627
201812 5.118 105.998 6.249
201903 8.261 107.251 9.969
201906 9.658 108.070 11.566
201909 18.239 108.329 21.790
201912 22.985 108.420 27.437
202003 9.810 108.902 11.658
202006 4.807 108.767 5.720
202009 22.417 109.815 26.419
202012 29.261 109.897 34.459
202103 9.450 111.754 10.944
202106 13.163 114.631 14.861
202109 21.491 115.734 24.032
202112 34.066 117.630 37.480
202203 12.224 121.301 13.042
202206 27.225 125.017 28.184
202209 28.225 125.227 29.170
202212 15.278 125.222 15.790
202303 13.508 127.348 13.728
202306 19.160 128.729 19.263
202309 22.716 129.860 22.639
202312 34.169 129.419 34.169
202403 15.916 129.419 15.916

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.


MetLife  (BSP:METB34) 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.


MetLife Cyclically Adjusted Price-to-FCF Related Terms

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


MetLife (BSP:METB34) Business Description

Industry
Address
200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.

MetLife (BSP:METB34) Headlines

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