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O-I Glass (O-I Glass) Cyclically Adjusted Price-to-FCF : 13.10 (As of Apr. 27, 2024)


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What is O-I Glass Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), O-I Glass's current share price is $15.07. O-I Glass's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.15. O-I Glass's Cyclically Adjusted Price-to-FCF for today is 13.10.

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

OI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.86   Med: 12.48   Max: 30.31
Current: 12.95

During the past years, O-I Glass's highest Cyclically Adjusted Price-to-FCF was 30.31. The lowest was 3.86. And the median was 12.48.

OI's Cyclically Adjusted Price-to-FCF is ranked better than
62.35% of 162 companies
in the Packaging & Containers industry
Industry Median: 15.98 vs OI: 12.95

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.

O-I Glass's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.025. 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 $1.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


O-I Glass Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for O-I Glass'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.

O-I Glass Cyclically Adjusted Price-to-FCF Chart

O-I Glass 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 8.10 7.85 7.34 12.99 14.28

O-I Glass 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 12.99 17.52 16.17 12.86 14.28

Competitive Comparison of O-I Glass's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, O-I Glass'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.


O-I Glass's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



O-I Glass 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.

O-I Glass's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.07/1.15
=13.10

* 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.

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

For example, O-I Glass'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)
=1.025/129.4194*129.4194
=1.025

Current CPI (Dec. 2023) = 129.4194.

O-I Glass Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.872 99.695 -2.430
201406 0.493 100.560 0.634
201409 0.758 100.428 0.977
201412 2.469 99.070 3.225
201503 -2.352 99.621 -3.056
201506 0.395 100.684 0.508
201509 0.767 100.392 0.989
201512 2.485 99.792 3.223
201603 -2.590 100.470 -3.336
201606 0.626 101.688 0.797
201609 1.391 101.861 1.767
201612 2.367 101.863 3.007
201703 -2.655 102.862 -3.340
201706 0.565 103.349 0.708
201709 0.527 104.136 0.655
201712 3.237 104.011 4.028
201803 -3.100 105.290 -3.810
201806 0.541 106.317 0.659
201809 0.863 106.507 1.049
201812 3.387 105.998 4.135
201903 -4.571 107.251 -5.516
201906 -1.150 108.070 -1.377
201909 2.032 108.329 2.428
201912 3.589 108.420 4.284
202003 -2.759 108.902 -3.279
202006 0.714 108.767 0.850
202009 1.287 109.815 1.517
202012 1.652 109.897 1.945
202103 -0.946 111.754 -1.096
202106 0.728 114.631 0.822
202109 1.371 115.734 1.533
202112 0.632 117.630 0.695
202203 -1.064 121.301 -1.135
202206 0.566 125.017 0.586
202209 -3.089 125.227 -3.192
202212 1.162 125.222 1.201
202303 -1.810 127.348 -1.839
202306 0.741 128.729 0.745
202309 0.891 129.860 0.888
202312 1.025 129.419 1.025

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.


O-I Glass  (NYSE:OI) 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.


O-I Glass Cyclically Adjusted Price-to-FCF Related Terms

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


O-I Glass (O-I Glass) Business Description

Traded in Other Exchanges
Address
One Michael Owens Way, Perrysburg, OH, USA, 43551
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a market-leading position in key markets such as Europe, North America, and Brazil, among others. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. In the coming years, O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.
Executives
Andres Alberto Lopez officer: VP, President of Latin America ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Vitaliano Torno officer: President, O-I Europe O-I EUROPE SARL, EU HQ MEX EN FARAZ 5, VUFFLENS-LA-VILLE V8 1302
Arnaud Aujouannet officer: SVP & Chief Sales & Marketing ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551
Clark David V Ii director C/O O-I GLASS, INC., ONE MICHAEL OWENS WAY, PLAZA 1, PERRYSBURG OH 43551
Darrow A Abrahams officer: SVP, GC & Corporate Secretary ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Mary Beth Wilkinson officer: Senior VP, GC & Secretary 2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Catherine I Slater director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Peter S Hellman director ONE BAXTER PARKWAY, DEERFIELD IL 60015
Carol A Dudley-williams director 912 W. SUGNET RD., MIDLAND MI 48640
John H Walker director 233 SOUTH WACKER DRIVE, CHICAGO IL 60606
Timothy Connors officer: President, O-I Asia Pacific 36 BURWOOD ROAD, HAWTHORN, VIC C3 3195
Moyano Giancarlo Currarino officer: SVP, Chief Tech & SC Officer ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551
John Humphrey director ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
Joseph D Rupp director QUANEX BUILDING PRODUCTS CORPORATION, 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027