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Porto Seguro (BSP:PSSA3) Cyclically Adjusted Price-to-FCF : 23.02 (As of Jun. 08, 2024)


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What is Porto Seguro Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Porto Seguro's current share price is R$29.92. Porto Seguro's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.30. Porto Seguro's Cyclically Adjusted Price-to-FCF for today is 23.02.

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

BSP:PSSA3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.96   Med: 23.59   Max: 41.56
Current: 23.18

During the past years, Porto Seguro's highest Cyclically Adjusted Price-to-FCF was 41.56. The lowest was 11.96. And the median was 23.59.

BSP:PSSA3's Cyclically Adjusted Price-to-FCF is ranked worse than
78.59% of 327 companies
in the Insurance industry
Industry Median: 10.97 vs BSP:PSSA3: 23.18

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.

Porto Seguro's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$0.984. 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$1.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Porto Seguro Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Porto Seguro'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.

Porto Seguro Cyclically Adjusted Price-to-FCF Chart

Porto Seguro 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 36.14 24.12 19.89 17.24 26.89

Porto Seguro 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 19.90 23.19 18.41 26.89 24.06

Competitive Comparison of Porto Seguro's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Porto Seguro'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.


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

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

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



Porto Seguro 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.92/1.3
=23.02

* 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.

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

For example, Porto Seguro'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)
=0.984/159.3724*159.3724
=0.984

Current CPI (Mar. 2024) = 159.3724.

Porto Seguro Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.872 91.838 1.513
201409 0.047 92.602 0.081
201412 0.523 94.194 0.885
201503 0.363 97.799 0.592
201506 -0.246 100.006 -0.392
201509 0.071 101.392 0.112
201512 0.670 104.247 1.024
201603 0.355 106.979 0.529
201606 -0.955 108.851 -1.398
201609 0.645 109.986 0.935
201612 0.209 110.802 0.301
201703 -0.457 111.869 -0.651
201706 1.092 112.115 1.552
201709 1.274 112.777 1.800
201712 -0.786 114.068 -1.098
201803 -0.647 114.868 -0.898
201806 1.185 117.038 1.614
201809 -0.302 117.881 -0.408
201812 0.751 118.340 1.011
201903 -0.180 120.124 -0.239
201906 1.936 120.977 2.550
201909 -0.516 121.292 -0.678
201912 -0.049 123.436 -0.063
202003 0.993 124.092 1.275
202006 4.558 123.557 5.879
202009 -2.342 125.095 -2.984
202012 -1.932 129.012 -2.387
202103 -0.090 131.660 -0.109
202106 0.274 133.871 0.326
202109 0.728 137.913 0.841
202112 0.213 141.992 0.239
202203 0.308 146.537 0.335
202206 1.761 149.784 1.874
202209 -2.350 147.800 -2.534
202212 1.137 150.207 1.206
202303 -2.052 153.352 -2.133
202306 0.820 154.519 0.846
202309 4.283 155.464 4.391
202312 -3.669 157.148 -3.721
202403 0.984 159.372 0.984

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.


Porto Seguro  (BSP:PSSA3) 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.


Porto Seguro Cyclically Adjusted Price-to-FCF Related Terms

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


Porto Seguro (BSP:PSSA3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Alameda Barao de Piracicaba, No. 740, Bloco B (Edifício Rosa Garfinkel) – 11th Floor, Campos Eliseos, Sao Paulo, SP, BRA
Porto Seguro SA is one of Brazil's largest diversified insurance companies that cover vehicles and residential homes. The company provides a wide range of services including risk underwriting analysis, bike assistance, and surveillance. Porto Seguro has also implemented credit card and mobile products. The company aims to provide products that meet several market segments' needs through the following brands: Porto Seguro, Itau Auto e Residencia, and Azul Seguros. Porto Seguro's operating structure is split between brokers, service providers, automotive centers, and branches.

Porto Seguro (BSP:PSSA3) Headlines

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