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Sprott Physical Silver Trust (Sprott Physical Silver Trust) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Sprott Physical Silver Trust Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprott Physical Silver Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sprott Physical Silver 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.

Sprott Physical Silver Trust Cyclically Adjusted Price-to-FCF Chart

Sprott Physical Silver Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Sprott Physical Silver Trust 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 Sprott Physical Silver Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Sprott Physical Silver 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.


Sprott Physical Silver Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Sprott Physical Silver Trust's Cyclically Adjusted Price-to-FCF falls into.



Sprott Physical Silver 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.

Sprott Physical Silver Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sprott Physical Silver Trust'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)
=-0.015/126.2576*126.2576
=-0.015

Current CPI (Mar. 2024) = 126.2576.

Sprott Physical Silver Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 99.473 -0.015
201409 -0.015 99.394 -0.019
201412 -0.016 98.367 -0.021
201503 -0.010 99.789 -0.013
201506 -0.011 100.500 -0.014
201509 -0.012 100.421 -0.015
201512 -0.012 99.947 -0.015
201603 -0.009 101.054 -0.011
201606 -0.011 102.002 -0.014
201609 -0.020 101.765 -0.025
201612 -0.006 101.449 -0.007
201703 -0.009 102.634 -0.011
201706 -0.012 103.029 -0.015
201709 -0.010 103.345 -0.012
201712 -0.014 103.345 -0.017
201803 -0.008 105.004 -0.010
201806 -0.012 105.557 -0.014
201809 -0.010 105.636 -0.012
201812 -0.007 105.399 -0.008
201903 -0.007 106.979 -0.008
201906 -0.011 107.690 -0.013
201909 -0.010 107.611 -0.012
201912 -0.013 107.769 -0.015
202003 -0.007 107.927 -0.008
202006 -0.012 108.401 -0.014
202009 -0.014 108.164 -0.016
202012 -0.014 108.559 -0.016
202103 -0.010 110.298 -0.011
202106 -0.014 111.720 -0.016
202109 -0.017 112.905 -0.019
202112 -0.013 113.774 -0.014
202203 0.035 117.646 0.038
202206 -0.057 120.806 -0.060
202209 -0.011 120.648 -0.012
202212 0.010 120.964 0.010
202303 -0.033 122.702 -0.034
202306 -0.010 124.203 -0.010
202309 -0.011 125.230 -0.011
202312 -0.010 125.072 -0.010
202403 -0.015 126.258 -0.015

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.


Sprott Physical Silver Trust  (ARCA:PSLV) 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.


Sprott Physical Silver Trust Cyclically Adjusted Price-to-FCF Related Terms

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Sprott Physical Silver Trust (Sprott Physical Silver Trust) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Physical Silver Trust is a closed-end mutual fund trust, created to invest and hold substantially all of its assets in physical silver bullion. The Trust seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust achieves its objective by investing mainly in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate with regard to short-term changes in silver prices.

Sprott Physical Silver Trust (Sprott Physical Silver Trust) Headlines

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