GVA has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
GVA has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-05-15), Granite Construction's current share price is $61.76. Granite Construction's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.28. Granite Construction's Cyclically Adjusted Price-to-FCF for today is 220.57.
The historical rank and industry rank for Granite Construction's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
During the past years, Granite Construction's highest Cyclically Adjusted Price-to-FCF was 1765.00. The lowest was 20.98. And the median was 59.88.
GVA's Cyclically Adjusted Price-to-FCF is ranked worse thanThe 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.
Granite Construction's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.086. 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 $0.28 for the trailing ten years ended in Mar. 2024.
The historical data trend for Granite Construction'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.
Granite Construction 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 | 485.11 | - | 164.96 | 265.70 | 201.66 |
For the Engineering & Construction subindustry, Granite Construction'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.
For the Construction industry and Industrials sector, Granite Construction's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Granite Construction's Cyclically Adjusted Price-to-FCF falls into.
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.
Granite Construction's Cyclically Adjusted Price-to-FCF for today is calculated as
Cyclically Adjusted Price-to-FCF | = | Share Price | / | Cyclically Adjusted FCF per Share |
= | 61.76 | / | 0.28 | |
= | 220.57 |
* 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.
Granite Construction's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:
For example, Granite Construction'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) |
= | -0.086 | / | 129.4194 | * | 129.4194 | |
= | -0.086 |
Current CPI (Mar. 2024) = 129.4194.
Granite Construction Quarterly Data
Free Cash Flow per Share | CPI | Adj_FreeCashFlowPerShare | |
201406 | -1.566 | 100.560 | -2.015 |
201409 | 0.205 | 100.428 | 0.264 |
201412 | 2.110 | 99.070 | 2.756 |
201503 | -0.370 | 99.621 | -0.481 |
201506 | -1.462 | 100.684 | -1.879 |
201509 | 0.966 | 100.392 | 1.245 |
201512 | 1.431 | 99.792 | 1.856 |
201603 | -0.888 | 100.470 | -1.144 |
201606 | -1.661 | 101.688 | -2.114 |
201609 | 0.364 | 101.861 | 0.462 |
201612 | 1.724 | 101.863 | 2.190 |
201703 | -0.203 | 102.862 | -0.255 |
201706 | -0.168 | 103.349 | -0.210 |
201709 | 0.561 | 104.136 | 0.697 |
201712 | 1.750 | 104.011 | 2.177 |
201803 | -1.343 | 105.290 | -1.651 |
201806 | -1.421 | 106.317 | -1.730 |
201809 | 0.848 | 106.507 | 1.030 |
201812 | 0.985 | 105.998 | 1.203 |
201903 | -1.394 | 107.251 | -1.682 |
201906 | -1.767 | 108.070 | -2.116 |
201909 | 0.806 | 108.329 | 0.963 |
201912 | 2.492 | 108.420 | 2.975 |
202003 | -0.913 | 108.902 | -1.085 |
202006 | 0.039 | 108.767 | 0.046 |
202009 | 2.267 | 109.815 | 2.672 |
202012 | 2.321 | 109.897 | 2.733 |
202103 | 0.423 | 111.754 | 0.490 |
202106 | -2.024 | 114.631 | -2.285 |
202109 | 1.344 | 115.734 | 1.503 |
202112 | -1.251 | 117.630 | -1.376 |
202203 | -1.781 | 121.301 | -1.900 |
202206 | -1.817 | 125.017 | -1.881 |
202209 | 1.236 | 125.227 | 1.277 |
202212 | 0.902 | 125.222 | 0.932 |
202303 | -2.677 | 127.348 | -2.721 |
202306 | -1.857 | 128.729 | -1.867 |
202309 | 2.311 | 129.860 | 2.303 |
202312 | 1.535 | 129.419 | 1.535 |
202403 | -0.086 | 129.419 | -0.086 |
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.
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.
Thank you for viewing the detailed overview of Granite Construction's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Bradley Jay Williams | officer: Senior Vice President | C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076 |
Kyle T Larkin | officer: Senior Vice President | C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076 |
Staci M Woolsey | officer: Chief Accounting Officer | 4875 S FRANKLIN ST, CHERRY HILLS VILLAGE CO 80113 |
Louis E Caldera | director | C/O BELO CORP, PO BOX 655237, DALLAS TX 75265-5237 |
Laura M Mullen | director | C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076 |
Brian R Dowd | officer: Senior Vice President | C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076 |
Lisa Curtis | officer: CAO & VP, Investor Relations | 3200 SOUTHWEST FREEWAY, SUITE 2950, HOUSTON TX 77027 |
James A Radich | officer: Senior Vice President | C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076 |
Michael G Tatusko | officer: Senior Vice President | C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076 |
Desai Jigisha | officer: Senior Vice President & CFO | C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076 |
Claes Bjork | director | GRANITE CONSTRUCTION INCORPORATED, PO BOX 50085, WATSONVILLE CA 95077-5085 |
Patricia D Galloway | director | C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076 |
James Hildebrand Roberts | director, officer: Director, President & CEO | PO BOX 50085, WATSONVILLE CA 95077-5085 |
David H Kelsey | director | C/O OGLEBAY NORTON CO, 1100 SUPERIOR AVENUE, CLEVELAND OH 44114-2598 |
Molly Campbell | director | 135 N. LOS ROBLES AVE 7TH FLR, PASADENA CA 91101 |
From GuruFocus
By GuruFocus Research • 10-31-2023
By GuruFocus Research • 10-31-2023
By Business Wire • 09-13-2023
By Business Wire • 07-18-2023
By Business Wire • 07-18-2023
By Business Wire • 07-13-2023
By Business Wire • 06-22-2023
By Business Wire • 01-04-2024
By Business Wire • 12-13-2023
By Business Wire • 11-14-2023