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PSP Swiss Property AG (PSP Swiss Property AG) Cyclically Adjusted Price-to-FCF : 44.46 (As of Jun. 08, 2024)


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What is PSP Swiss Property AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), PSP Swiss Property AG's current share price is $24.90. PSP Swiss Property AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.56. PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF for today is 44.46.

The historical rank and industry rank for PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

PSPSY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 37.52   Med: 55.24   Max: 81.32
Current: 43.66

During the past years, PSP Swiss Property AG's highest Cyclically Adjusted Price-to-FCF was 81.32. The lowest was 37.52. And the median was 55.24.

PSPSY's Cyclically Adjusted Price-to-FCF is ranked worse than
86.23% of 697 companies
in the Real Estate industry
Industry Median: 12.18 vs PSPSY: 43.66

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.

PSP Swiss Property AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.183. 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 $0.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSP Swiss Property AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PSP Swiss Property AG'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.

PSP Swiss Property AG Cyclically Adjusted Price-to-FCF Chart

PSP Swiss Property AG 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 70.77 58.51 51.94 43.14 45.54

PSP Swiss Property AG 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 40.07 37.64 42.27 45.54 45.55

Competitive Comparison of PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, PSP Swiss Property AG'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.


PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF falls into.



PSP Swiss Property AG 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.

PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.90/0.56
=44.46

* 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.

PSP Swiss Property AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PSP Swiss Property AG'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)
=0.183/107.3549*107.3549
=0.183

Current CPI (Mar. 2024) = 107.3549.

PSP Swiss Property AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.241 101.517 0.255
201409 0.102 101.247 0.108
201412 0.013 100.704 0.014
201503 0.000 100.339 0.000
201506 0.076 100.464 0.081
201509 0.138 99.785 0.148
201512 0.068 99.386 0.073
201603 0.066 99.475 0.071
201606 0.124 100.088 0.133
201609 0.156 99.604 0.168
201612 0.082 99.380 0.089
201703 -0.027 100.040 -0.029
201706 0.091 100.285 0.097
201709 0.258 100.254 0.276
201712 0.068 100.213 0.073
201803 0.013 100.836 0.014
201806 0.111 101.435 0.117
201809 0.235 101.246 0.249
201812 0.096 100.906 0.102
201903 0.034 101.571 0.036
201906 0.121 102.044 0.127
201909 0.174 101.396 0.184
201912 0.231 101.063 0.245
202003 -0.140 101.048 -0.149
202006 0.058 100.743 0.062
202009 0.226 100.585 0.241
202012 0.230 100.241 0.246
202103 0.184 100.800 0.196
202106 0.150 101.352 0.159
202109 0.170 101.533 0.180
202112 0.155 101.776 0.163
202203 0.384 103.205 0.399
202206 0.143 104.783 0.147
202209 0.138 104.835 0.141
202212 0.102 104.666 0.105
202303 0.040 106.245 0.040
202306 0.212 106.576 0.214
202309 0.228 106.570 0.230
202312 0.186 106.461 0.188
202403 0.183 107.355 0.183

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.


PSP Swiss Property AG  (OTCPK:PSPSY) 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.


PSP Swiss Property AG Cyclically Adjusted Price-to-FCF Related Terms

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PSP Swiss Property AG (PSP Swiss Property AG) Business Description

Traded in Other Exchanges
Address
Kolinplatz 2, Zug, CHE, CH-6300
PSP Swiss Property AG is a general real estate company. The company reports three business units: real estate investments, property management, and holding. The vast majority of revenue is generated by rental income. All PSP property is located in Switzerland. The company considers merger and acquisition investment as a potential component of its operational growth strategy. The company's real estate investment segment invests exclusively in commercial properties, with leases primarily in office and retail property.

PSP Swiss Property AG (PSP Swiss Property AG) Headlines

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