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Brown & Brown (Brown & Brown) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Brown & Brown Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Brown & Brown Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Brown & Brown'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.

Brown & Brown Cyclically Adjusted Price-to-FCF Chart

Brown & Brown 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 27.51 30.26 37.79 26.02 29.31

Brown & Brown 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 26.30 30.16 29.45 29.31 -

Competitive Comparison of Brown & Brown's Cyclically Adjusted Price-to-FCF

For the Insurance Brokers subindustry, Brown & Brown'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.


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

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

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



Brown & Brown 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.

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

For example, Brown & Brown'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)
=0/129.4194*129.4194
=0.000

Current CPI (Mar. 2024) = 129.4194.

Brown & Brown Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.359 100.560 0.462
201409 0.350 100.428 0.451
201412 0.334 99.070 0.436
201503 0.166 99.621 0.216
201506 0.614 100.684 0.789
201509 0.211 100.392 0.272
201512 0.308 99.792 0.399
201603 0.106 100.470 0.137
201606 0.730 101.688 0.929
201609 0.276 101.861 0.351
201612 0.315 101.863 0.400
201703 0.313 102.862 0.394
201706 0.626 103.349 0.784
201709 0.142 104.136 0.176
201712 0.424 104.011 0.528
201803 0.253 105.290 0.311
201806 0.682 106.317 0.830
201809 0.249 106.507 0.303
201812 0.724 105.998 0.884
201903 -0.065 107.251 -0.078
201906 1.051 108.070 1.259
201909 0.470 108.329 0.562
201912 0.747 108.420 0.892
202003 0.063 108.902 0.075
202006 1.325 108.767 1.577
202009 0.372 109.815 0.438
202012 0.572 109.897 0.674
202103 0.457 111.754 0.529
202106 0.824 114.631 0.930
202109 0.859 115.734 0.961
202112 0.613 117.630 0.674
202203 0.336 121.301 0.358
202206 0.842 125.017 0.872
202209 0.859 125.227 0.888
202212 0.937 125.222 0.968
202303 0.172 127.348 0.175
202306 1.125 128.729 1.131
202309 1.075 129.860 1.071
202312 0.975 129.419 0.975
202403 0.000 129.419 0.000

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.


Brown & Brown  (NYSE:BRO) 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.


Brown & Brown Cyclically Adjusted Price-to-FCF Related Terms

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


Brown & Brown (Brown & Brown) Business Description

Industry
Traded in Other Exchanges
Address
300 North Beach Stree, Daytona Beach, FL, USA, 32114
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.
Executives
Stephen M Boyd officer: EVP/ Pres Wholesale Brokerage 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Paul J Krump director C/O CHUBB & SON, 15 MOUNTAIN VIEW RD P O BOX161, WARREN NJ 07061-1615
Proctor H Palmer Jr director
James Charles Hays director 100 S. POINTE DRIVE, UNIT 2605, MIAMI BEACH FL 33139
Gellerstedt Lawrence L Iii director 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Jaymin B Patel director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Robert W Lloyd officer: VP & Chief Litigation Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Hugh M Brown director 3740 RANEY DRIVE, TITUSVILLE FL 32780
Nester Kenneth Gray Ii officer: EVP/Chief Information Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Julie Turpin officer: EVP/Chief People Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Chris L Walker officer: Regional Executive VP 220 S RIDGEWOOD AVE, DAYTONA BEACH FL 32114-4318
R. Andrew Watts officer: EVP, CFO and Treasurer 220 S. RIDGEWOOD AVE., DAYTONA BEACH FL 32114
P Barrett Brown officer: EVP and Pres.- Retail Segment 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Jerome Scott Penny officer: Regional Executive VP 300 N. BEACH STREET, DAYTONA BEACH FL 32114

Brown & Brown (Brown & Brown) Headlines

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