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Travelers (XSWX:TRV) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Travelers 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


Travelers Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Travelers'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.

Travelers Cyclically Adjusted Price-to-FCF Chart

Travelers 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 10.86 9.62 8.71 9.03 8.12

Travelers 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 8.02 7.88 7.11 8.12 9.49

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

For the Insurance - Property & Casualty subindustry, Travelers'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.


Travelers's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Travelers 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.

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

For example, Travelers'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)
=4.259/131.7762*131.7762
=4.259

Current CPI (Mar. 2024) = 131.7762.

Travelers Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.615 100.560 2.116
201409 5.087 100.428 6.675
201412 1.549 99.070 2.060
201503 0.601 99.621 0.795
201506 1.981 100.684 2.593
201509 5.625 100.392 7.384
201512 2.486 99.792 3.283
201603 2.741 100.470 3.595
201606 1.412 101.688 1.830
201609 5.663 101.861 7.326
201612 4.712 101.863 6.096
201703 2.792 102.862 3.577
201706 2.883 103.349 3.676
201709 5.477 104.136 6.931
201712 2.151 104.011 2.725
201803 1.726 105.290 2.160
201806 3.723 106.317 4.615
201809 5.520 106.507 6.830
201812 3.091 105.998 3.843
201903 2.102 107.251 2.583
201906 3.745 108.070 4.567
201909 6.516 108.329 7.926
201912 4.561 108.420 5.544
202003 1.980 108.902 2.396
202006 5.204 108.767 6.305
202009 6.996 109.815 8.395
202012 5.552 109.897 6.657
202103 3.637 111.754 4.289
202106 5.518 114.631 6.343
202109 7.714 115.734 8.783
202112 5.123 117.630 5.739
202203 3.868 121.301 4.202
202206 4.385 125.017 4.622
202209 7.948 125.227 8.364
202212 4.104 125.222 4.319
202303 3.079 127.348 3.186
202306 4.585 128.729 4.694
202309 9.008 129.860 9.141
202312 5.981 129.419 6.090
202403 4.259 131.776 4.259

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.


Travelers  (XSWX:TRV) 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.


Travelers Cyclically Adjusted Price-to-FCF Related Terms

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


Travelers (XSWX:TRV) Business Description

Address
485 Lexington Avenue, New York, NY, USA, 10017
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.

Travelers (XSWX:TRV) Headlines

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