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JBG SMITH Properties (JBG SMITH Properties) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is JBG SMITH Properties Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


JBG SMITH Properties Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JBG SMITH Properties'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.

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JBG SMITH Properties Cyclically Adjusted Price-to-FCF Chart

JBG SMITH Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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JBG SMITH Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of JBG SMITH Properties's Cyclically Adjusted Price-to-FCF

For the REIT - Office subindustry, JBG SMITH Properties'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.


JBG SMITH Properties's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, JBG SMITH Properties's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



JBG SMITH Properties 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.

JBG SMITH Properties's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, JBG SMITH Properties's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-1.431/129.4194*129.4194
=-1.431

Current CPI (Dec23) = 129.4194.

JBG SMITH Properties Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.387 99.070 0.506
201512 -0.473 99.792 -0.613
201612 -0.661 101.863 -0.840
201712 -1.295 104.011 -1.611
201812 -1.659 105.998 -2.026
201912 -2.043 108.420 -2.439
202012 -1.038 109.897 -1.222
202112 0.340 117.630 0.374
202212 -1.250 125.222 -1.292
202312 -1.431 129.419 -1.431

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.


JBG SMITH Properties  (NYSE:JBGS) 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.


JBG SMITH Properties Cyclically Adjusted Price-to-FCF Related Terms

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


JBG SMITH Properties (JBG SMITH Properties) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4747 Bethesda Avenue, Suite 200, Bethesda, MD, USA, 20814
JBG SMITH Properties is a real estate investment trust based in the United States. It owns, operates, invests in and develops real estate assets concentrated in urban infill submarkets in and around Washington, DC. In addition, the company also provides fee-based real estate services to the legacy funds through its third-party real estate services business. The operating segments of the company are commercial, multifamily and third-party asset management and real estate services.
Executives
Angela Valdes officer: Chief Accounting Officer 1600 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Kevin Reynolds officer: Co-Chief Development Officer C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Steven A Museles officer: Chief Legal Off. & Corp Secy
Madhumita Moina Banerjee officer: EVP, HEAD OF CAPITAL MARKETS C/O JBG SMITH PROPERTIES, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
David Peter Paul officer: Pres. & Chief Operating Off. C/O JBG/OPERATING PARTNERS, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Robert Alexander Stewart director, officer: Executive Vice Chairman C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
George Laucks Xanders officer: Chief Investment Officer C/O JBG SMITH PROPERTIES, 4747 BETHESDA AVENUE, SUITE 200, BETHESDA MD 20814
Scott A Estes director WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Alan S Forman director 55 WHITNEY AVENUE, 5TH FLOOR, NEW HAVEN CT 06511
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Charles E Haldeman director C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Alisa Michelle Mall director C/O JBG SMITH PROPERTIES, 4747 BETHESDA AVENUE, SUITE 200, BETHESDA MD 20814
Michael J Glosserman director THE JBG COMPANIES, 4445 WILLARD AVENUE, 4TH FLOOR, CHEVY CHASE MD 20815
University Yale director YALE UNIVERSITY INVESTMENTS OFFICE, 55 WHITNEY AVENUE 5TH FLOOR, NEW HAVEN CT 06510-1300
James Lee Iker officer: Chief Investment Officer C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815