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Citigroup (TSE:8710) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Citigroup Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citigroup Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Citigroup'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.

Citigroup Cyclically Adjusted Price-to-FCF Chart

Citigroup 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 7.81 7.98 7.63 4.52 14.09

Citigroup 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 6.25 11.69 9.99 14.09 34.56

Competitive Comparison of Citigroup's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, Citigroup'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.


Citigroup's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citigroup's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Citigroup 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.

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

For example, Citigroup'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)
=-641.379/131.7762*131.7762
=-641.379

Current CPI (Mar. 2024) = 131.7762.

Citigroup Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -167.087 100.560 -218.956
201409 346.829 100.428 455.091
201412 369.443 99.070 491.410
201503 53.596 99.621 70.895
201506 634.830 100.684 830.873
201509 882.675 100.392 1,158.620
201512 -95.158 99.792 -125.656
201603 -47.581 100.470 -62.407
201606 756.197 101.688 979.945
201609 229.537 101.861 296.949
201612 987.555 101.863 1,277.565
201703 -149.163 102.862 -191.092
201706 -741.446 103.349 -945.387
201709 659.500 104.136 834.550
201712 -239.924 104.011 -303.970
201803 218.527 105.290 273.500
201806 24.321 106.317 30.145
201809 800.787 106.507 990.780
201812 223.752 105.998 278.168
201903 -1,458.808 107.251 -1,792.404
201906 -110.510 108.070 -134.752
201909 51.339 108.329 62.451
201912 809.047 108.420 983.334
202003 -963.249 108.902 -1,165.579
202006 202.429 108.767 245.251
202009 -146.388 109.815 -175.663
202012 -85.026 109.897 -101.954
202103 836.858 111.754 986.789
202106 -21.829 114.631 -25.094
202109 1,311.223 115.734 1,492.971
202112 -525.132 117.630 -588.287
202203 -427.559 121.301 -464.482
202206 1,026.142 125.017 1,081.623
202209 -157.321 125.227 -165.549
202212 503.742 125.222 530.109
202303 -1,477.665 127.348 -1,529.049
202306 -2,702.734 128.729 -2,766.718
202309 717.555 129.860 728.146
202312 -318.701 129.419 -324.505
202403 -641.379 131.776 -641.379

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.


Citigroup  (TSE:8710) 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.


Citigroup Cyclically Adjusted Price-to-FCF Related Terms

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Citigroup (TSE:8710) Business Description

Industry
Address
388 Greenwich Street, New York, NY, USA, 10013
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.

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