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Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Advent Claymore Convertible Securities &ome Fu Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Advent Claymore Convertible Securities &ome Fu does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advent Claymore Convertible Securities &ome Fu Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advent Claymore Convertible Securities &ome Fu'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.

Advent Claymore Convertible Securities &ome Fu Cyclically Adjusted Price-to-FCF Chart

Advent Claymore Convertible Securities &ome Fu Annual Data
Trend Oct17
Cyclically Adjusted Price-to-FCF
-

Advent Claymore Convertible Securities &ome Fu Semi-Annual Data
Oct17 Apr18
Cyclically Adjusted Price-to-FCF - -

Competitive Comparison of Advent Claymore Convertible Securities &ome Fu's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Advent Claymore Convertible Securities &ome Fu'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.


Advent Claymore Convertible Securities &ome Fu's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Claymore Convertible Securities &ome Fu's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Advent Claymore Convertible Securities &ome Fu's Cyclically Adjusted Price-to-FCF falls into.



Advent Claymore Convertible Securities &ome Fu 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.

Advent Claymore Convertible Securities &ome Fu does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.


Advent Claymore Convertible Securities &ome Fu  (NYSE:AGC) 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.


Advent Claymore Convertible Securities &ome Fu Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Advent Claymore Convertible Securities &ome Fu's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Business Description

Traded in Other Exchanges
N/A
Address
Advent Claymore Convertible Securities & Income Fund of Benefical Interest, formerly known as Advent/claymore Gl Convrtbl Sec & Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide total return, through a combination of capital appreciation and current income.
Executives
Advent Capital Management /de/ other: Investment Manager 888 SEVENTH AVENUE, 31ST FLOOR, NEW YORK NY 10019
Tracy V Maitland director, officer: Chairman, President & CEO, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Daniel Black director, other: Trustee C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018
Paul Latronica other: Portfolio Manager 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Hart Woodson other: Portfolio Manager 2455 CORPORATE WEST DRIVE LISLE IL 60532
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036