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JetBlue Airways (JetBlue Airways) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is JetBlue Airways Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


JetBlue Airways Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JetBlue Airways'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.

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JetBlue Airways Cyclically Adjusted Price-to-FCF Chart

JetBlue Airways 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 25.84 117.74 47.45 32.12 -

JetBlue Airways 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 32.35 40.61 115.74 - -

Competitive Comparison of JetBlue Airways's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, JetBlue Airways'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.


JetBlue Airways's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



JetBlue Airways 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.

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

For example, JetBlue Airways'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)
=-0.771/129.4194*129.4194
=-0.771

Current CPI (Mar. 2024) = 129.4194.

JetBlue Airways Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.084 100.560 0.108
201409 -0.100 100.428 -0.129
201412 -0.210 99.070 -0.274
201503 1.040 99.621 1.351
201506 0.357 100.684 0.459
201509 0.751 100.392 0.968
201512 -0.249 99.792 -0.323
201603 1.226 100.470 1.579
201606 0.791 101.688 1.007
201609 0.084 101.861 0.107
201612 -0.287 101.863 -0.365
201703 0.435 102.862 0.547
201706 0.425 103.349 0.532
201709 -0.052 104.136 -0.065
201712 -0.290 104.011 -0.361
201803 0.890 105.290 1.094
201806 0.092 106.317 0.112
201809 -0.171 106.507 -0.208
201812 -0.573 105.998 -0.700
201903 0.834 107.251 1.006
201906 0.802 108.070 0.960
201909 0.078 108.329 0.093
201912 -0.791 108.420 -0.944
202003 -0.877 108.902 -1.042
202006 0.118 108.767 0.140
202009 -2.232 109.815 -2.630
202012 -2.220 109.897 -2.614
202103 -0.126 111.754 -0.146
202106 3.602 114.631 4.067
202109 -0.517 115.734 -0.578
202112 -0.953 117.630 -1.049
202203 0.353 121.301 0.377
202206 -0.474 125.017 -0.491
202209 -0.732 125.227 -0.757
202212 -0.814 125.222 -0.841
202303 0.711 127.348 0.723
202306 -0.081 128.729 -0.081
202309 -1.479 129.860 -1.474
202312 -1.533 129.419 -1.533
202403 -0.771 129.419 -0.771

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.


JetBlue Airways  (NAS:JBLU) 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.


JetBlue Airways Cyclically Adjusted Price-to-FCF Related Terms

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


JetBlue Airways (JetBlue Airways) Business Description

Industry
Traded in Other Exchanges
Address
27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.
Executives
Gerald Alfred Spencer officer: Principal Accounting Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Carol Ann Clements officer: Chief Digital & Tech Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Brandon Nelson officer: General Counsel Corp Sec C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robert F Leduc director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Teri P Mcclure director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Monte E Ford director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
O'hagan Sarah Robb director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Vivek Sharma director C/O JETBLUE AIRWAYS CORP, 27-01 QUEENS PLAZA N, LONG ISLAND CITY NY 11101
Thomas Winkelmann director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Ellen Jewett director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
B Ben Baldanza director C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Peter Boneparth director 1411 BROADWAY, NEW YORK NY 10018
Ursula L Hurley officer: Chief Financial Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Christopher Clark officer: Head of Revenue and Planning C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robin Hayes director, officer: CEO C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101