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Premiumome (TSX:PIC.A) Cyclically Adjusted Price-to-FCF : 4.13 (As of Jun. 07, 2024)


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What is Premiumome Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Premiumome's current share price is C$4.01. Premiumome's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 was C$0.97. Premiumome's Cyclically Adjusted Price-to-FCF for today is 4.13.

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

TSX:PIC.A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.59   Med: 3.19   Max: 5.01
Current: 4.2

During the past 13 years, Premiumome's highest Cyclically Adjusted Price-to-FCF was 5.01. The lowest was 1.59. And the median was 3.19.

TSX:PIC.A's Cyclically Adjusted Price-to-FCF is ranked better than
87.08% of 503 companies
in the Asset Management industry
Industry Median: 20.26 vs TSX:PIC.A: 4.20

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.

Premiumome's adjusted free cash flow per share data of for the fiscal year that ended in Oct23 was C$-0.616. 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 C$0.97 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premiumome Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Premiumome'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.

Premiumome Cyclically Adjusted Price-to-FCF Chart

Premiumome Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 1.88 6.16 5.38 4.07

Premiumome Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 6.16 - 5.38 - 4.07

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

For the Asset Management subindustry, Premiumome'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.


Premiumome's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Premiumome 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.01/0.97
=4.13

* 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.

Premiumome's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Premiumome's adjusted Free Cash Flow per Share data for the fiscal year that ended in Oct23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=-0.616/125.3095*125.3095
=-0.616

Current CPI (Oct23) = 125.3095.

Premiumome Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 1.615 99.473 2.034
201510 0.880 100.500 1.097
201610 0.973 102.002 1.195
201710 1.075 103.424 1.302
201810 4.659 105.952 5.510
201910 -5.087 107.927 -5.906
202010 1.139 108.638 1.314
202110 1.712 113.695 1.887
202210 1.839 121.517 1.896
202310 -0.616 125.310 -0.616

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.


Premiumome  (TSX:PIC.A) 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.


Premiumome Cyclically Adjusted Price-to-FCF Related Terms

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


Premiumome (TSX:PIC.A) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Standard Life Centre, Toronto, ON, CAN, M5H 3T9
Premium Income Corp is a mutual fund corporation. The investment objective is to provide Preferred shareholders with cumulative preferential quarterly cash distributions to provide Class A shareholders with quarterly cash distributions and return the original issue price to holders of both Preferred shares and Class A shares upon windup of the Fund. The fund mainly invests in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank and common shares of National Bank of Canada.

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