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Greystone Housing Impact Investors LP (Greystone Housing Impact Investors LP) Cyclically Adjusted Price-to-FCF : 14.55 (As of May. 24, 2024)


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What is Greystone Housing Impact Investors LP Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Greystone Housing Impact Investors LP's current share price is $14.99. Greystone Housing Impact Investors LP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.03. Greystone Housing Impact Investors LP's Cyclically Adjusted Price-to-FCF for today is 14.55.

The historical rank and industry rank for Greystone Housing Impact Investors LP's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

GHI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.2   Med: 43.14   Max: 91.53
Current: 14.2

During the past years, Greystone Housing Impact Investors LP's highest Cyclically Adjusted Price-to-FCF was 91.53. The lowest was 14.20. And the median was 43.14.

GHI's Cyclically Adjusted Price-to-FCF is ranked worse than
82.89% of 836 companies
in the Banks industry
Industry Median: 7.43 vs GHI: 14.20

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.

Greystone Housing Impact Investors LP's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.147. 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 $1.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greystone Housing Impact Investors LP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Greystone Housing Impact Investors LP'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.

Greystone Housing Impact Investors LP Cyclically Adjusted Price-to-FCF Chart

Greystone Housing Impact Investors LP 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 58.05 26.69 26.60 20.50 17.29

Greystone Housing Impact Investors LP 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 20.32 17.96 16.62 17.29 15.76

Competitive Comparison of Greystone Housing Impact Investors LP's Cyclically Adjusted Price-to-FCF

For the Mortgage Finance subindustry, Greystone Housing Impact Investors LP'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.


Greystone Housing Impact Investors LP's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Greystone Housing Impact Investors LP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Greystone Housing Impact Investors LP's Cyclically Adjusted Price-to-FCF falls into.



Greystone Housing Impact Investors LP 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.

Greystone Housing Impact Investors LP's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.99/1.03
=14.55

* 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.

Greystone Housing Impact Investors LP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Greystone Housing Impact Investors LP'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)
=0.147/131.7762*131.7762
=0.147

Current CPI (Mar. 2024) = 131.7762.

Greystone Housing Impact Investors LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.113 100.560 -0.148
201409 0.015 100.428 0.020
201412 0.004 99.070 0.005
201503 0.199 99.621 0.263
201506 0.283 100.684 0.370
201509 0.050 100.392 0.066
201512 0.253 99.792 0.334
201603 0.230 100.470 0.302
201606 0.302 101.688 0.391
201609 -0.082 101.861 -0.106
201612 0.263 101.863 0.340
201703 0.233 102.862 0.298
201706 0.160 103.349 0.204
201709 0.238 104.136 0.301
201712 0.188 104.011 0.238
201803 0.133 105.290 0.166
201806 0.234 106.317 0.290
201809 0.491 106.507 0.607
201812 0.373 105.998 0.464
201903 0.171 107.251 0.210
201906 0.173 108.070 0.211
201909 0.276 108.329 0.336
201912 0.248 108.420 0.301
202003 0.109 108.902 0.132
202006 0.319 108.767 0.386
202009 0.170 109.815 0.204
202012 0.150 109.897 0.180
202103 0.360 111.754 0.424
202106 0.272 114.631 0.313
202109 0.492 115.734 0.560
202112 0.472 117.630 0.529
202203 0.411 121.301 0.446
202206 0.215 125.017 0.227
202209 0.229 125.227 0.241
202212 0.001 125.222 0.001
202303 0.001 127.348 0.001
202306 0.554 128.729 0.567
202309 0.310 129.860 0.315
202312 0.195 129.419 0.199
202403 0.147 131.776 0.147

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.


Greystone Housing Impact Investors LP  (NYSE:GHI) 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.


Greystone Housing Impact Investors LP Cyclically Adjusted Price-to-FCF Related Terms

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


Greystone Housing Impact Investors LP (Greystone Housing Impact Investors LP) Business Description

Traded in Other Exchanges
N/A
Address
14301 FNB Parkway, Suite 211, Omaha, NE, USA, 68154
Greystone Housing Impact Investors LP engaged in acquiring a portfolio of mortgage revenue bonds (MRBs) that are issued by state and local housing authorities to provide construction and/or permanent financing for affordable multifamily housing, seniors housing, and commercial properties. It has four reportable segments, namely Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments. It generates the majority of its revenue from the Affordable Multifamily MRB Investments segment.
Executives
Kenneth Rogozinski officer: Chief Investment Officer 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Robert Keith Jacobsen director 99 VIA LOS ALTOS, TIBURON CA 94920
Hafize Gaye Erkan director 727 FIFTH AVENUE, NEW YORK NY 10022
Deborah A Wilson director 14301 FNB PARKWAY, SUITE 211, OMAHA NE 68154
Stephen Rosenberg director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Jeffrey Baevsky director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Chad L Daffer officer: Chief Executive Officer 1004 FARNAM STREET, STE 400, OMAHA NE 68102
Jesse A. Coury officer: Interim CFO 14301 FNB PARKWAY, SUITE 211, OMAHA NE 68154
Curtis Pollock director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
William Mando director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Drew Fletcher director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Steven C Lilly director 1004 FARNAM STREET, SUITE 400, OMAHA NE 27511
Lisa Y Roskens officer: Chairman,President,CEOofGPofGP, other: Director of GP of GP
William S Carter director
George H Krauss director AMERICA FIRST COMPANIES, 2850 WOODMEN TOWER, OMAHA NE 68102

Greystone Housing Impact Investors LP (Greystone Housing Impact Investors LP) Headlines