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JPMorgan Japanese Investment Trust (LSE:JFJ) Cyclically Adjusted Price-to-FCF : 176.00 (As of Jun. 12, 2024)


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What is JPMorgan Japanese Investment Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-06-12), JPMorgan Japanese Investment Trust's current share price is £5.28. JPMorgan Japanese Investment Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 was £0.03. JPMorgan Japanese Investment Trust's Cyclically Adjusted Price-to-FCF for today is 176.00.

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

LSE:JFJ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 99.63   Med: 180.67   Max: 369
Current: 179.35

During the past 13 years, JPMorgan Japanese Investment Trust's highest Cyclically Adjusted Price-to-FCF was 369.00. The lowest was 99.63. And the median was 180.67.

LSE:JFJ's Cyclically Adjusted Price-to-FCF is ranked worse than
93.65% of 504 companies
in the Asset Management industry
Industry Median: 19.72 vs LSE:JFJ: 179.35

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.

JPMorgan Japanese Investment Trust's adjusted free cash flow per share data of for the fiscal year that ended in Sep23 was £0.046. 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 £0.03 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan Japanese Investment Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JPMorgan Japanese Investment Trust'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.

JPMorgan Japanese Investment Trust Cyclically Adjusted Price-to-FCF Chart

JPMorgan Japanese Investment Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.73 261.05 283.17 171.42 156.42

JPMorgan Japanese Investment Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 171.42 - 156.42 -

Competitive Comparison of JPMorgan Japanese Investment Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, JPMorgan Japanese Investment Trust'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.


JPMorgan Japanese Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Japanese Investment Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where JPMorgan Japanese Investment Trust's Cyclically Adjusted Price-to-FCF falls into.



JPMorgan Japanese Investment Trust 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.

JPMorgan Japanese Investment Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.28/0.03
=176.00

* 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.

JPMorgan Japanese Investment Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, JPMorgan Japanese Investment Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.046/130.1000*130.1000
=0.046

Current CPI (Sep23) = 130.1000.

JPMorgan Japanese Investment Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.010 100.000 0.013
201509 0.010 100.200 0.013
201609 0.025 101.500 0.032
201709 0.026 104.300 0.032
201809 0.032 106.600 0.039
201909 0.035 108.400 0.042
202009 0.023 109.200 0.027
202109 0.017 112.400 0.020
202209 0.028 122.300 0.030
202309 0.046 130.100 0.046

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.


JPMorgan Japanese Investment Trust  (LSE:JFJ) 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.


JPMorgan Japanese Investment Trust Cyclically Adjusted Price-to-FCF Related Terms

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


JPMorgan Japanese Investment Trust (LSE:JFJ) Business Description

Traded in Other Exchanges
N/A
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Japanese Investment Trust PLC is an investment trust with the objective to provide shareholders with capital growth from investment in Japanese companies. The trust considers its benchmark as the Tokyo Stock Exchange First Section Index(TOPIX). It invests in the following sectors: Processing, Consumer, Finance, Basic, and Assets.

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