GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PBF Energy Inc (STU:PEN) » Definitions » Cyclically Adjusted Price-to-FCF

PBF Energy (STU:PEN) Cyclically Adjusted Price-to-FCF : 9.41 (As of Jun. 08, 2024)


View and export this data going back to 2013. Start your Free Trial

What is PBF Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), PBF Energy's current share price is €43.21. PBF Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.59. PBF Energy's Cyclically Adjusted Price-to-FCF for today is 9.41.

The historical rank and industry rank for PBF Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:PEN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.11   Med: 5.15   Max: 12.38
Current: 9.23

During the past years, PBF Energy's highest Cyclically Adjusted Price-to-FCF was 12.38. The lowest was 1.11. And the median was 5.15.

STU:PEN's Cyclically Adjusted Price-to-FCF is ranked better than
64.82% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs STU:PEN: 9.23

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.

PBF Energy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.914. 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 €4.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PBF Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PBF Energy'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.

PBF Energy Cyclically Adjusted Price-to-FCF Chart

PBF Energy 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 - 1.68 3.05 10.16 8.00

PBF Energy 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 10.78 7.62 9.83 8.00 11.49

Competitive Comparison of PBF Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, PBF Energy'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.


PBF Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PBF Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PBF Energy's Cyclically Adjusted Price-to-FCF falls into.



PBF Energy 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.

PBF Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=43.21/4.59
=9.41

* 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.

PBF Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PBF Energy'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)
=-0.914/131.7762*131.7762
=-0.914

Current CPI (Mar. 2024) = 131.7762.

PBF Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.610 100.560 -2.110
201409 0.425 100.428 0.558
201412 -1.112 99.070 -1.479
201503 0.304 99.621 0.402
201506 0.617 100.684 0.808
201509 -1.384 100.392 -1.817
201512 2.297 99.792 3.033
201603 -0.585 100.470 -0.767
201606 1.449 101.688 1.878
201609 0.771 101.861 0.997
201612 1.444 101.863 1.868
201703 -2.365 102.862 -3.030
201706 -0.589 103.349 -0.751
201709 2.962 104.136 3.748
201712 2.396 104.011 3.036
201803 -0.777 105.290 -0.972
201806 2.224 106.317 2.757
201809 2.390 106.507 2.957
201812 -0.054 105.998 -0.067
201903 -1.849 107.251 -2.272
201906 0.162 108.070 0.198
201909 2.664 108.329 3.241
201912 2.996 108.420 3.641
202003 -2.283 108.902 -2.763
202006 -3.277 108.767 -3.970
202009 -1.429 109.815 -1.715
202012 0.836 109.897 1.002
202103 -0.355 111.754 -0.419
202106 0.212 114.631 0.244
202109 1.426 115.734 1.624
202112 0.313 117.630 0.351
202203 1.464 121.301 1.590
202206 13.916 125.017 14.668
202209 9.693 125.227 10.200
202212 6.295 125.222 6.624
202303 1.374 127.348 1.422
202306 -0.985 128.729 -1.008
202309 2.862 129.860 2.904
202312 1.614 129.419 1.643
202403 -0.914 131.776 -0.914

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.


PBF Energy  (STU:PEN) 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.


PBF Energy Cyclically Adjusted Price-to-FCF Related Terms

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


PBF Energy (STU:PEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PBF Energy Inc (STU:PEN) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
One Sylvan Way, Second Floor, Parsippany, NJ, USA, 07054
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.