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Globe Life (Globe Life) Cyclically Adjusted Price-to-FCF : 6.19 (As of May. 14, 2024)


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What is Globe Life Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Globe Life's current share price is $85.14. Globe Life's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $13.75. Globe Life's Cyclically Adjusted Price-to-FCF for today is 6.19.

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

GL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.3   Med: 9.83   Max: 12.31
Current: 6.29

During the past years, Globe Life's highest Cyclically Adjusted Price-to-FCF was 12.31. The lowest was 4.30. And the median was 9.83.

GL's Cyclically Adjusted Price-to-FCF is ranked better than
69.02% of 326 companies
in the Insurance industry
Industry Median: 11.16 vs GL: 6.29

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.

Globe Life's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $3.592. 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 $13.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Life Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Globe Life'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.

Globe Life Cyclically Adjusted Price-to-FCF Chart

Globe Life 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 11.52 9.51 8.19 9.44 8.92

Globe Life 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 8.33 8.13 7.98 8.92 8.47

Competitive Comparison of Globe Life's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, Globe Life'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.


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

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

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



Globe Life 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=85.14/13.75
=6.19

* 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.

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

For example, Globe Life'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)
=3.592/129.4194*129.4194
=3.592

Current CPI (Mar. 2024) = 129.4194.

Globe Life Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.047 100.560 1.347
201409 1.672 100.428 2.155
201412 1.654 99.070 2.161
201503 2.128 99.621 2.765
201506 1.307 100.684 1.680
201509 2.054 100.392 2.648
201512 3.075 99.792 3.988
201603 2.732 100.470 3.519
201606 2.129 101.688 2.710
201609 2.982 101.861 3.789
201612 3.391 101.863 4.308
201703 3.793 102.862 4.772
201706 2.302 103.349 2.883
201709 2.883 104.136 3.583
201712 2.851 104.011 3.547
201803 3.173 105.290 3.900
201806 1.966 106.317 2.393
201809 2.715 106.507 3.299
201812 2.839 105.998 3.466
201903 3.706 107.251 4.472
201906 2.229 108.070 2.669
201909 3.022 108.329 3.610
201912 2.903 108.420 3.465
202003 3.063 108.902 3.640
202006 3.873 108.767 4.608
202009 2.809 109.815 3.310
202012 3.638 109.897 4.284
202103 3.399 111.754 3.936
202106 3.089 114.631 3.487
202109 3.428 115.734 3.833
202112 3.654 117.630 4.020
202203 3.892 121.301 4.152
202206 2.927 125.017 3.030
202209 3.575 125.227 3.695
202212 3.687 125.222 3.811
202303 4.791 127.348 4.869
202306 3.214 128.729 3.231
202309 2.881 129.860 2.871
202312 3.962 129.419 3.962
202403 3.592 129.419 3.592

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.


Globe Life  (NYSE:GL) 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.


Globe Life Cyclically Adjusted Price-to-FCF Related Terms

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


Globe Life (Globe Life) Business Description

Industry
Traded in Other Exchanges
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
Executives
Jennifer Allison Haworth officer: EVP & Chief Marketing Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Melissa Jane Buchan director 1920 MAIN STREET, SUITE 500, IRVINE CA 92614
Dolores L Skarjune officer: EVP & Chief Admin. Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Rebecca E Zorn officer: EVP & Chief Talent Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Michael Clay Majors officer: EVP - Investor Rel. & Admin. UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070
Frank M Svoboda officer: EVP & CFO 3340 PECAN HOLLOW CT, GRAPEVINE TX 76051
James Matthew Darden officer: EVP, Chief Strategy Officer 2904 BELCLAIRE DRIVE, FRISCO TX 75034
Michael Shane Henrie officer: SVP & Chief Accounting Officer UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070
Robert Brian Mitchell officer: EVP, General Counsel and CRO 3120 HARVEY PKWY, OKLAHOMA CITY OK 73118
Cheryl Alston director 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
David A Rodriguez director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Alice S Cho director P.O. BOX 30918, BILLINGS MT 59116-0918
Steven John Dichiaro other: Exec. Officer of Principal Sub 2152 SEVEN LAKES DR, LOVELAND CO 80538
Gary L Coleman director, officer: Co-Chairman & CEO
Larry M Hutchison director, officer: Co-Chaiman & CEO P O BOX 8080, MCKINNEY TX 75010

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