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CBIZ (CBZ) Cyclically Adjusted Price-to-FCF : 39.76 (As of Apr. 27, 2024)


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What is CBIZ Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), CBIZ's current share price is $72.76. CBIZ's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.83. CBIZ's Cyclically Adjusted Price-to-FCF for today is 39.76.

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

CBZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.16   Med: 20.94   Max: 41.1
Current: 39.75

During the past years, CBIZ's highest Cyclically Adjusted Price-to-FCF was 41.10. The lowest was 10.16. And the median was 20.94.

CBZ's Cyclically Adjusted Price-to-FCF is ranked worse than
78.93% of 356 companies
in the Business Services industry
Industry Median: 17.405 vs CBZ: 39.75

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.

CBIZ's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-1.371. 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 $1.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CBIZ Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CBIZ'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.

CBIZ Cyclically Adjusted Price-to-FCF Chart

CBIZ 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 25.44 21.87 27.98 29.70 32.74

CBIZ 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 32.03 32.73 30.61 32.74 42.88

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

For the Specialty Business Services subindustry, CBIZ'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.


CBIZ's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CBIZ's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CBIZ 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72.76/1.83
=39.76

* 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.

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

For example, CBIZ'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)
=-1.371/129.4194*129.4194
=-1.371

Current CPI (Mar. 2024) = 129.4194.

CBIZ Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.493 100.560 0.634
201409 0.317 100.428 0.409
201412 0.388 99.070 0.507
201503 -0.531 99.621 -0.690
201506 0.505 100.684 0.649
201509 0.379 100.392 0.489
201512 0.378 99.792 0.490
201603 -0.342 100.470 -0.441
201606 0.725 101.688 0.923
201609 0.216 101.861 0.274
201612 0.700 101.863 0.889
201703 -0.294 102.862 -0.370
201706 0.604 103.349 0.756
201709 0.206 104.136 0.256
201712 0.648 104.011 0.806
201803 -0.414 105.290 -0.509
201806 1.041 106.317 1.267
201809 0.315 106.507 0.383
201812 0.654 105.998 0.799
201903 -0.540 107.251 -0.652
201906 0.772 108.070 0.925
201909 0.474 108.329 0.566
201912 0.803 108.420 0.959
202003 -0.381 108.902 -0.453
202006 1.297 108.767 1.543
202009 0.399 109.815 0.470
202012 1.144 109.897 1.347
202103 -0.293 111.754 -0.339
202106 1.469 114.631 1.659
202109 0.215 115.734 0.240
202112 0.891 117.630 0.980
202203 -0.977 121.301 -1.042
202206 1.458 125.017 1.509
202209 0.558 125.227 0.577
202212 1.235 125.222 1.276
202303 -0.948 127.348 -0.963
202306 1.312 128.729 1.319
202309 0.401 129.860 0.400
202312 1.834 129.419 1.834
202403 -1.371 129.419 -1.371

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.


CBIZ  (NYSE:CBZ) 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.


CBIZ Cyclically Adjusted Price-to-FCF Related Terms

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


CBIZ (CBZ) Business Description

Industry
Traded in Other Exchanges
Address
6801 Brecksville Road, Door N., Independence, OH, USA, 44131
CBIZ Inc through its subsidiaries provides professional business services. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Agribusiness, Agribusiness, SAAS, Construction, Health Care, Oil and Gas, Real Estate, Retail, Financial Institutions, and Government among others. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.
Executives
Ware H Grove officer: C.F.O. 6480 ROCKSIDE WOODS BLVD SOUTH, SUITE 330, CLEVELAND OH 44131
Benaree Pratt Wiley director C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Joseph S Dimartino director
Chris Spurio officer: President, Financial Services
Michael P Kouzelos officer: President, Employee Services 6050 OAK TREE BLVD SUITE 500, CLEVELAND OH 44131
Rodney A Young director 350 OAK GROVE PARKWAY, SAINT PAUL MN 55127
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jerome P Grisko director, officer: President and COO
Todd J Slotkin director 35 EAST 62ND STREET, NEW YORK NY 10021
Richard T Marabito director 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146
Steven L Gerard director P.O. BOX 554, MILWAUKEE WI 53201-0554
A Haag Sherman director 600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002
Donald V Weir director SANDERS MORRIS HARRIS, 600 TRAVIS, HOUSTON TX 77002
Gina D France director III CASCADE PLAZA, AKRON OH 44308
Michael H Degroote director 1111 INTERNATIONAL BLVD., BURLINGTON A6 L7L 6W1