GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CBIZ Inc (FRA:XC4) » Definitions » Cyclically Adjusted Price-to-FCF

CBIZ (FRA:XC4) Cyclically Adjusted Price-to-FCF : 41.86 (As of May. 23, 2024)


View and export this data going back to 2014. Start your Free Trial

What is CBIZ Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), CBIZ's current share price is €72.00. CBIZ's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.72. CBIZ's Cyclically Adjusted Price-to-FCF for today is 41.86.

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

FRA:XC4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.46   Med: 21.18   Max: 42.32
Current: 42.32

During the past years, CBIZ's highest Cyclically Adjusted Price-to-FCF was 42.32. The lowest was 10.46. And the median was 21.18.

FRA:XC4's Cyclically Adjusted Price-to-FCF is ranked worse than
78.13% of 352 companies
in the Business Services industry
Industry Median: 18.555 vs FRA:XC4: 42.32

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.

CBIZ's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-1.261. 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 €1.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CBIZ Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CBIZ'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.

CBIZ Cyclically Adjusted Price-to-FCF Chart

CBIZ 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 25.44 21.87 27.98 29.70 32.74

CBIZ 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 32.03 32.73 30.61 32.74 42.06

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

For the Specialty Business Services subindustry, CBIZ'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.


CBIZ's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CBIZ's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CBIZ 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72.00/1.72
=41.86

* 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.

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

For example, CBIZ'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)
=-1.261/131.7762*131.7762
=-1.261

Current CPI (Mar. 2024) = 131.7762.

CBIZ Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.363 100.560 0.476
201409 0.246 100.428 0.323
201412 0.314 99.070 0.418
201503 -0.491 99.621 -0.649
201506 0.450 100.684 0.589
201509 0.337 100.392 0.442
201512 0.347 99.792 0.458
201603 -0.307 100.470 -0.403
201606 0.645 101.688 0.836
201609 0.192 101.861 0.248
201612 0.664 101.863 0.859
201703 -0.275 102.862 -0.352
201706 0.538 103.349 0.686
201709 0.173 104.136 0.219
201712 0.547 104.011 0.693
201803 -0.336 105.290 -0.421
201806 0.891 106.317 1.104
201809 0.270 106.507 0.334
201812 0.575 105.998 0.715
201903 -0.478 107.251 -0.587
201906 0.684 108.070 0.834
201909 0.431 108.329 0.524
201912 0.723 108.420 0.879
202003 -0.344 108.902 -0.416
202006 1.152 108.767 1.396
202009 0.339 109.815 0.407
202012 0.941 109.897 1.128
202103 -0.246 111.754 -0.290
202106 1.220 114.631 1.402
202109 0.183 115.734 0.208
202112 0.789 117.630 0.884
202203 -0.887 121.301 -0.964
202206 1.379 125.017 1.454
202209 0.564 125.227 0.593
202212 1.166 125.222 1.227
202303 -0.885 127.348 -0.916
202306 1.211 128.729 1.240
202309 0.376 129.860 0.382
202312 1.682 129.419 1.713
202403 -1.261 131.776 -1.261

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.


CBIZ  (FRA:XC4) 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.


CBIZ Cyclically Adjusted Price-to-FCF Related Terms

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


CBIZ (FRA:XC4) Business Description

Industry
Traded in Other Exchanges
Address
6801 Brecksville Road, Door N., Independence, OH, USA, 44131
CBIZ Inc through its subsidiaries provides professional business services. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Agribusiness, Agribusiness, SAAS, Construction, Health Care, Oil and Gas, Real Estate, Retail, Financial Institutions, and Government among others. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.

CBIZ (FRA:XC4) Headlines

No Headlines