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Block (BSQKZ) Cyclically Adjusted Price-to-FCF : 185.26 (As of May. 20, 2024)


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What is Block Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Block's current share price is $72.25. Block's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.39. Block's Cyclically Adjusted Price-to-FCF for today is 185.26.

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

BSQKZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 83.38   Med: 180.65   Max: 264.31
Current: 182.45

During the past years, Block's highest Cyclically Adjusted Price-to-FCF was 264.31. The lowest was 83.38. And the median was 180.65.

BSQKZ's Cyclically Adjusted Price-to-FCF is ranked worse than
90.43% of 679 companies
in the Software industry
Industry Median: 28.87 vs BSQKZ: 182.45

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.

Block's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.718. 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 $0.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Block Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Block'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.

Block Cyclically Adjusted Price-to-FCF Chart

Block 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 - - - - 240.65

Block 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 - - 91.27 240.65 213.56

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

For the Software - Infrastructure subindustry, Block'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.


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

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

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



Block 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72.25/0.39
=185.26

* 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.

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

For example, Block'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)
=0.718/131.7762*131.7762
=0.718

Current CPI (Mar. 2024) = 131.7762.

Block Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 -0.076 99.621 -0.101
201506 -0.035 100.684 -0.046
201509 0.011 100.392 0.014
201512 0.030 99.792 0.040
201603 -0.065 100.470 -0.085
201606 -0.081 101.688 -0.105
201609 0.151 101.861 0.195
201612 -0.016 101.863 -0.021
201703 0.102 102.862 0.131
201706 0.104 103.349 0.133
201709 0.089 104.136 0.113
201712 -0.023 104.011 -0.029
201803 0.107 105.290 0.134
201806 0.010 106.317 0.012
201809 0.071 106.507 0.088
201812 0.368 105.998 0.457
201903 0.034 107.251 0.042
201906 0.287 108.070 0.350
201909 0.479 108.329 0.583
201912 -0.157 108.420 -0.191
202003 0.219 108.902 0.265
202006 -0.690 108.767 -0.836
202009 0.785 109.815 0.942
202012 -0.312 109.897 -0.374
202103 -0.465 111.754 -0.548
202106 0.465 114.631 0.535
202109 0.746 115.734 0.849
202112 0.342 117.630 0.383
202203 0.348 121.301 0.378
202206 -0.273 125.017 -0.288
202209 -0.035 125.227 -0.037
202212 -0.006 125.222 -0.006
202303 0.420 127.348 0.435
202306 0.138 128.729 0.141
202309 0.742 129.860 0.753
202312 -1.336 129.419 -1.360
202403 0.718 131.776 0.718

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.


Block  (OTCPK:BSQKZ) 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.


Block Cyclically Adjusted Price-to-FCF Related Terms

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


Block (BSQKZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Block Inc (OTCPK:BSQKZ) » Definitions » Cyclically Adjusted Price-to-FCF
Address
1455 Market Street, Suite 600, San Francisco, CA, USA, 94103
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2022, Square's payment volume was a little over $200 million.