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Primerica (Primerica) Cyclically Adjusted Price-to-FCF : 16.32 (As of Apr. 27, 2024)


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What is Primerica Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Primerica's current share price is $213.46. Primerica's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $13.08. Primerica's Cyclically Adjusted Price-to-FCF for today is 16.32.

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

PRI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.33   Med: 19.17   Max: 25.96
Current: 16.71

During the past years, Primerica's highest Cyclically Adjusted Price-to-FCF was 25.96. The lowest was 11.33. And the median was 19.17.

PRI's Cyclically Adjusted Price-to-FCF is ranked worse than
70.99% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs PRI: 16.71

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.

Primerica's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $6.283. 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 $13.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primerica Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Primerica'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.

Primerica Cyclically Adjusted Price-to-FCF Chart

Primerica 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 23.96 19.08 17.05 12.61 15.73

Primerica 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 12.61 14.63 16.06 15.26 15.73

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

For the Insurance - Life subindustry, Primerica'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.


Primerica's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Primerica's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Primerica 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=213.46/13.08
=16.32

* 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.

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

For example, Primerica'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)
=6.283/129.4194*129.4194
=6.283

Current CPI (Dec. 2023) = 129.4194.

Primerica Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.656 99.695 0.852
201406 0.546 100.560 0.703
201409 1.081 100.428 1.393
201412 1.953 99.070 2.551
201503 1.171 99.621 1.521
201506 0.332 100.684 0.427
201509 1.121 100.392 1.445
201512 2.482 99.792 3.219
201603 0.567 100.470 0.730
201606 1.407 101.688 1.791
201609 1.286 101.861 1.634
201612 2.702 101.863 3.433
201703 1.066 102.862 1.341
201706 1.395 103.349 1.747
201709 1.941 104.136 2.412
201712 4.073 104.011 5.068
201803 0.942 105.290 1.158
201806 2.530 106.317 3.080
201809 2.757 106.507 3.350
201812 4.394 105.998 5.365
201903 1.393 107.251 1.681
201906 2.566 108.070 3.073
201909 3.139 108.329 3.750
201912 3.815 108.420 4.554
202003 2.949 108.902 3.505
202006 4.359 108.767 5.187
202009 2.127 109.815 2.507
202012 5.924 109.897 6.976
202103 2.761 111.754 3.197
202106 3.869 114.631 4.368
202109 3.805 115.734 4.255
202112 5.524 117.630 6.078
202203 5.253 121.301 5.605
202206 4.247 125.017 4.397
202209 4.188 125.227 4.328
202212 5.534 125.222 5.720
202303 4.567 127.348 4.641
202306 3.675 128.729 3.695
202309 3.807 129.860 3.794
202312 6.283 129.419 6.283

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.


Primerica  (NYSE:PRI) 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.


Primerica Cyclically Adjusted Price-to-FCF Related Terms

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


Primerica (Primerica) Business Description

Industry
Traded in Other Exchanges
Address
1 Primerica Parkway, Duluth, GA, USA, 30099
Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed primarily on behalf of third parties. Primerica has three main subsidiaries: Primerica Financial Services, a marketing company; Primerica Life Insurance Company, a principal life insurance underwriting entity; and PFS Investments, which offers investment and savings products, brokerage services, and registered investment advisory. It has four segments Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. Geogriphically, it derives a majority of its revenue from the US.
Executives
Alison S. Rand officer: Executive VP and CFO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Glenn J. Williams officer: President 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Tracy Xiangyan Tan officer: Executive VP, Finance 5168 LONG ISLAND DR NW, ATLANTA GA 30327
Peter W. Schneider officer: Exec. VP and General Counsel 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Addison John A. Jr. director, officer: Co-Chief Executive Officer 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Gregory C. Pitts officer: Executive VP and COO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
P George Benson director NUTRITION 21, INC., 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Amber Lynne Cottle director 3921 MILITARY ROAD NW, WASHINGTON DC 20015
Joel M. Babbit director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Sanjeev Dheer director 22 MURRAY HILL ROAD, SCARSDALE NY 10583
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
William A. Kelly officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Robert F Mccullough director 1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 300309
C Saxby Chambliss director ONE ATLANTIC CENTER, 1201 WEST PEACHTREE STREET, SUITE 2800, ATLANTA GA 30309
Jeffrey S. Fendler officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099