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Alleghany (Alleghany) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Alleghany Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alleghany Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alleghany'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.

Alleghany Cyclically Adjusted Price-to-FCF Chart

Alleghany Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Alleghany Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of Alleghany's Cyclically Adjusted Price-to-FCF

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


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

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

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



Alleghany 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.

Alleghany's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, Alleghany's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=45.889/125.0168*125.0168
=45.889

Current CPI (Jun. 2022) = 125.0168.

Alleghany Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201209 16.968 97.633 21.727
201212 3.373 96.871 4.353
201303 8.857 98.209 11.275
201306 5.540 98.518 7.030
201309 14.467 98.790 18.308
201312 4.839 98.326 6.153
201403 -7.657 99.695 -9.602
201406 5.345 100.560 6.645
201409 12.745 100.428 15.866
201412 9.959 99.070 12.567
201503 12.908 99.621 16.199
201506 6.809 100.684 8.455
201509 12.625 100.392 15.722
201512 -13.968 99.792 -17.499
201603 2.424 100.470 3.016
201606 17.818 101.688 21.906
201609 15.682 101.861 19.247
201612 13.892 101.863 17.050
201703 -3.049 102.862 -3.706
201706 15.981 103.349 19.332
201709 14.372 104.136 17.254
201712 1.279 104.011 1.537
201803 -1.052 105.290 -1.249
201806 10.029 106.317 11.793
201809 9.969 106.507 11.702
201812 6.390 105.998 7.537
201903 -5.477 107.251 -6.384
201906 15.819 108.070 18.300
201909 16.857 108.329 19.454
201912 19.035 108.420 21.949
202003 -1.123 108.902 -1.289
202006 21.499 108.767 24.711
202009 32.558 109.815 37.065
202012 17.187 109.897 19.552
202103 30.715 111.754 34.360
202106 34.218 114.631 37.318
202109 44.953 115.734 48.558
202112 19.863 117.630 21.110
202203 36.727 121.301 37.852
202206 45.889 125.017 45.889

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.


Alleghany  (NYSE:Y) 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.


Alleghany Cyclically Adjusted Price-to-FCF Related Terms

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


Alleghany (Alleghany) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1411 Broadway, 34th Floor, New York, NY, USA, 10018
Alleghany Corp is a property and casualty insurance company that owns and manages subsidiaries that operate reinsurance and insurance operations. The company also executes certain private capital investments. The company classifies its business into three reportable segments: reinsurance, insurance, and Alleghany Capital. These segments' underwriting activities are evaluated separately from investment and corporate activities. Reinsurance contracts are generally classified as a treaty or facultative contracts. Treaty reinsurance provides for the automatic reinsuring of all or a portion of a specified class of risk underwritten by the ceding company. Facultative reinsurance is geared toward individual risks.
Executives
Christopher Kent Dalrymple officer: VP and General Counsel C/O DARWIN PROFESSIONAL UNDERWRITERS INC 9 FARM SPRINGS ROAD FARMINGTON CT 06032
Ian H Chippendale director TRANSATLANTIC HOLDINGS, INC. 80 PINE ST NEW YORK NY 10005
Joseph Patrick Brandon officer: Executive Vice President C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Chris H Cheesman director C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Kerry J Jacobs officer: SVP, Chief Financial Officer C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
William K Lavin director 375 PARK AVENUE SUITE 3201 NEW YORK NY 10152
John F Shannon officer: SVP, chief investment officer C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Phillip M Martineau director 414 EAST THIRD STREET PO BOX 1109 MUSCATINE IA 52761
Lauren M Tyler director C/O ALLEGHANY CORPORATION, 1411 BROADWAY, 34TH FLOOR, NEW YORK NY 10018
Jefferson Kirby director ALLEGHANY CORPORATION 7 TIMES SQUARE TOWER, 17TH FLOOR NEW YORK NY 10036
Rex D Adams director
Raymond Wong director C/O SPRING MOUNTAIN CAPITAL, LP 650 MADISON AVENUE, 20TH FLOOR NEW YORK NY 10022
James F Will director ST VINCENT COLLEGE, 300 PRASER PURCHASE RD, LATROBE PA 15650
Roger Bryce Gorham officer: SVP, Chief Financial Officer C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Sennott John Langton Jr officer: SVP C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018

Alleghany (Alleghany) Headlines

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