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Celanese (Celanese) Cyclically Adjusted Price-to-FCF : 18.37 (As of Apr. 27, 2024)


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What is Celanese Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Celanese's current share price is $154.49. Celanese's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $8.41. Celanese's Cyclically Adjusted Price-to-FCF for today is 18.37.

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

CE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.89   Med: 29.24   Max: 45.75
Current: 18.37

During the past years, Celanese's highest Cyclically Adjusted Price-to-FCF was 45.75. The lowest was 12.89. And the median was 29.24.

CE's Cyclically Adjusted Price-to-FCF is ranked better than
59.15% of 568 companies
in the Chemicals industry
Industry Median: 23.915 vs CE: 18.37

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.

Celanese's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $6.411. 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 $8.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Celanese Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Celanese'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.

Celanese Cyclically Adjusted Price-to-FCF Chart

Celanese 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 34.14 28.67 28.20 14.07 18.48

Celanese Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.07 15.34 15.21 16.03 18.48

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

For the Chemicals subindustry, Celanese'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.


Celanese's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Celanese's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Celanese 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=154.49/8.41
=18.37

* 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.

Celanese's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Celanese's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.411/129.4194*129.4194
=6.411

Current CPI (Dec. 2023) = 129.4194.

Celanese Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.102 99.695 0.132
201406 0.820 100.560 1.055
201409 1.212 100.428 1.562
201412 -0.308 99.070 -0.402
201503 0.702 99.621 0.912
201506 0.766 100.684 0.985
201509 0.457 100.392 0.589
201512 0.316 99.792 0.410
201603 1.465 100.470 1.887
201606 1.979 101.688 2.519
201609 1.701 101.861 2.161
201612 -0.749 101.863 -0.952
201703 0.922 102.862 1.160
201706 1.755 103.349 2.198
201709 1.395 104.136 1.734
201712 -0.213 104.011 -0.265
201803 0.418 105.290 0.514
201806 3.712 106.317 4.519
201809 2.863 106.507 3.479
201812 2.038 105.998 2.488
201903 1.778 107.251 2.146
201906 2.853 108.070 3.417
201909 2.555 108.329 3.052
201912 1.504 108.420 1.795
202003 1.168 108.902 1.388
202006 2.450 108.767 2.915
202009 3.028 109.815 3.569
202012 1.621 109.897 1.909
202103 0.210 111.754 0.243
202106 2.811 114.631 3.174
202109 4.755 115.734 5.317
202112 3.819 117.630 4.202
202203 1.643 121.301 1.753
202206 3.400 125.017 3.520
202209 3.007 125.227 3.108
202212 3.636 125.222 3.758
202303 -2.381 127.348 -2.420
202306 5.645 128.729 5.675
202309 2.485 129.860 2.477
202312 6.411 129.419 6.411

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.


Celanese  (NYSE:CE) 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.


Celanese Cyclically Adjusted Price-to-FCF Related Terms

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


Celanese (Celanese) Business Description

Industry
Traded in Other Exchanges
Address
222 W. Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421
Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.
Executives
Thomas Francis Kelly officer: SVP, EM 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Mark Christopher Murray officer: VP - Bus. Strat & Development 100 MATSONFORD ROAD, RADNOR PA 19087
Aaron M Mcgilvray officer: Chief Accounting Officer 222 W. LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rahul Ghai director GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Michael Koenig director 222 W. LAS COLINAS BLVD., SUITE 900N, IRVING TX 75039
Vanessa Dupuis officer: SVP, HR (CHRO) C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Scott A Richardson officer: SVP & CFO C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
John K Wulff director C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Deborah J. Kissire director 210 E. EARLL DRIVE, PHOENIX AZ 85012
John G Fotheringham officer: SVP, Acetyl Chain 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Lori Ryerkerk director, officer: CEO AXALTA COATING SYSTEMS LTD., 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Todd L Elliott officer: SVP, Acetyl Chain C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
A. Lynne Puckett officer: SVP & GC C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Peter G Edwards officer: EVP & GC C/O BAXALTA INCORPORATED, 1200 LAKESIDE DRIVE, BANNOCKBURN IL 60015

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