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PGT Innovations (PGT Innovations) Cyclically Adjusted Price-to-FCF : 38.88 (As of Apr. 27, 2024)


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What is PGT Innovations Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), PGT Innovations's current share price is $41.99. PGT Innovations's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.08. PGT Innovations's Cyclically Adjusted Price-to-FCF for today is 38.88.

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

PGTI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.98   Med: 38.74   Max: 89.28
Current: 38.72

During the past years, PGT Innovations's highest Cyclically Adjusted Price-to-FCF was 89.28. The lowest was 14.98. And the median was 38.74.

PGTI's Cyclically Adjusted Price-to-FCF is not ranked
in the Construction industry.
Industry Median: 17.73 vs PGTI: 38.72

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.

PGT Innovations's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.448. 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 $1.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PGT Innovations Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PGT Innovations'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.

PGT Innovations Cyclically Adjusted Price-to-FCF Chart

PGT Innovations 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 32.70 37.89 35.33 20.33 37.53

PGT Innovations 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 20.33 27.41 30.50 26.14 37.53

Competitive Comparison of PGT Innovations's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, PGT Innovations'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.


PGT Innovations's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, PGT Innovations's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PGT Innovations 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=41.99/1.08
=38.88

* 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.

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

For example, PGT Innovations'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)
=0.448/129.4194*129.4194
=0.448

Current CPI (Dec. 2023) = 129.4194.

PGT Innovations Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.006 99.695 0.008
201406 -0.001 100.560 -0.001
201409 0.043 100.428 0.055
201412 0.011 99.070 0.014
201503 0.126 99.621 0.164
201506 -0.107 100.684 -0.138
201509 0.138 100.392 0.178
201512 0.142 99.792 0.184
201603 0.044 100.470 0.057
201606 0.261 101.688 0.332
201609 0.088 101.861 0.112
201612 0.173 101.863 0.220
201703 -0.008 102.862 -0.010
201706 0.215 103.349 0.269
201709 0.277 104.136 0.344
201712 0.119 104.011 0.148
201803 0.043 105.290 0.053
201806 0.437 106.317 0.532
201809 0.336 106.507 0.408
201812 0.468 105.998 0.571
201903 -0.125 107.251 -0.151
201906 0.658 108.070 0.788
201909 0.041 108.329 0.049
201912 0.270 108.420 0.322
202003 0.145 108.902 0.172
202006 0.517 108.767 0.615
202009 0.182 109.815 0.214
202012 0.011 109.897 0.013
202103 -0.133 111.754 -0.154
202106 0.005 114.631 0.006
202109 0.029 115.734 0.032
202112 0.601 117.630 0.661
202203 0.152 121.301 0.162
202206 0.970 125.017 1.004
202209 0.990 125.227 1.023
202212 0.389 125.222 0.402
202303 0.202 127.348 0.205
202306 0.396 128.729 0.398
202309 1.136 129.860 1.132
202312 0.448 129.419 0.448

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.


PGT Innovations  (NYSE:PGTI) 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.


PGT Innovations Cyclically Adjusted Price-to-FCF Related Terms

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


PGT Innovations (PGT Innovations) Business Description

Industry
Traded in Other Exchanges
Address
1070 Technology Drive, North Venice, FL, USA, 34275
PGT Innovations Inc is a leading manufacturer of impact-resistant aluminum and vinyl-framed windows and doors and offers a broad range of fully customizable window and door products. The company distributes products through multiple channels, including window distributors, building supply distributors, window replacement dealers, and enclosure contractors. The products are sold through authorized dealers and distributor networks in the states of the Caribbean, Florida, Canada, and in South and Central America but the majority of its revenue is generated from Florida.
Executives
Rodney Hershberger director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Christopher J Stephens director 123 MAIN STREET, BRISTOL CT 06010
Deborah L Lapinska officer: See Remarks PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Craig Henderson officer: INTERIM CFO 1070 TECHNOLOGY DR., NORTH VENICE FL 34275
Richard D Feintuch director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Robert Andrew Keller officer: Sr. V.P. of Cust. Str & Innov. 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Frances Powell Hawes director AMERICAN ELECTRIC TECHNOLOGIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087
William J Morgan director 123 MAIN STREET, BRISTOL CT 06011-0489
Sheree L Bargabos director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Xavier Boza director ONE CAMPBELL PLACE, CAMDEN NJ 08103
Floyd F Sherman director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Alexander R Castaldi director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Brett N Milgrim director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Ryan S. Quinn officer: Sr. V.P. and General Counsel 11115 RUSHMORE DR., CHARLOTTE NC 28277
Jeffrey T Jackson director, officer: PRESIDENT AND CEO PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275