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BJ's Restaurants (BJ's Restaurants) Cyclically Adjusted Price-to-FCF : 27.43 (As of Apr. 30, 2024)


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What is BJ's Restaurants Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), BJ's Restaurants's current share price is $33.19. BJ's Restaurants's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.21. BJ's Restaurants's Cyclically Adjusted Price-to-FCF for today is 27.43.

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

BJRI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.88   Med: 41.18   Max: 745
Current: 27.34

During the past years, BJ's Restaurants's highest Cyclically Adjusted Price-to-FCF was 745.00. The lowest was 9.88. And the median was 41.18.

BJRI's Cyclically Adjusted Price-to-FCF is ranked worse than
74.58% of 118 companies
in the Restaurants industry
Industry Median: 15.82 vs BJRI: 27.34

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.

BJ's Restaurants's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.644. 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 $1.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BJ's Restaurants Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BJ's Restaurants'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.

BJ's Restaurants Cyclically Adjusted Price-to-FCF Chart

BJ's Restaurants 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 45.74 47.85 34.18 25.09 29.66

BJ's Restaurants 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 25.09 27.51 30.45 21.45 29.66

Competitive Comparison of BJ's Restaurants's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, BJ's Restaurants'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.


BJ's Restaurants's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, BJ's Restaurants's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



BJ's Restaurants 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.19/1.21
=27.43

* 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.

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

For example, BJ's Restaurants'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)
=0.644/129.4194*129.4194
=0.644

Current CPI (Dec. 2023) = 129.4194.

BJ's Restaurants Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.163 99.695 0.212
201406 -0.122 100.560 -0.157
201409 0.199 100.428 0.256
201412 0.189 99.070 0.247
201503 0.560 99.621 0.728
201506 0.094 100.684 0.121
201509 0.731 100.392 0.942
201512 0.181 99.792 0.235
201603 0.870 100.470 1.121
201606 -0.020 101.688 -0.025
201609 0.284 101.861 0.361
201612 0.045 101.863 0.057
201703 -0.216 102.862 -0.272
201706 0.511 103.349 0.640
201709 0.242 104.136 0.301
201712 1.172 104.011 1.458
201803 0.555 105.290 0.682
201806 1.474 106.317 1.794
201809 0.425 106.507 0.516
201812 0.886 105.998 1.082
201903 0.204 107.251 0.246
201906 1.012 108.070 1.212
201909 -0.660 108.329 -0.788
201912 1.114 108.420 1.330
202003 -0.789 108.902 -0.938
202006 0.228 108.767 0.271
202009 0.652 109.815 0.768
202012 -0.315 109.897 -0.371
202103 0.320 111.754 0.371
202106 1.314 114.631 1.484
202109 -0.778 115.734 -0.870
202112 0.044 117.630 0.048
202203 -0.484 121.301 -0.516
202206 0.449 125.017 0.465
202209 -0.694 125.227 -0.717
202212 -0.434 125.222 -0.449
202303 0.206 127.348 0.209
202306 -0.678 128.729 -0.682
202309 0.126 129.860 0.126
202312 0.644 129.419 0.644

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.


BJ's Restaurants  (NAS:BJRI) 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.


BJ's Restaurants Cyclically Adjusted Price-to-FCF Related Terms

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


BJ's Restaurants (BJ's Restaurants) Business Description

Traded in Other Exchanges
N/A
Address
7755 Center Avenue, Suite 300, Huntington Beach, CA, USA, 92647
BJ's Restaurants Inc is involved in the business of owning and operating restaurants. The company operates in one operating segment that is casual dining company-owned restaurants. It has geographic presence only in the United States of America.
Executives
Greg Trojan director, officer: President ONE ICON, FOOTHILL RANCH CA 92610
Lea Anne Ottinger director C/O BARE ESCENTUALS, INC., 71 STEVENSON STREET, 22ND FLOOR, SAN FRANCISCO CA 94105
Peter A Bassi director 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Pozzo James Dal director 16161 BEACH BLVD, STE 100, HUNTINGTON BEACH CA 92647
Kendra D Miller officer: Sr. VP & General Counsel 7755 CENTER AVENUE, SUITE 300, HUNTINGTON BEACH CA 92647
Gregory Levin officer: Chief Financial Officer
Brian S Krakower officer: Chief Information Officer 7755 CENTER AVENUE, SUITE 300, HUNTINGTON BEACH CA 92647
Heidi Rogers officer: Sr VP-Marketing 7755 CENTER AVE., STE 300, HUNTINGTON BEACH CA 92647
Putnam Shin officer: Chief Growth & Innovation 7755 CENTER AVE., STE 300, HUNTINGTON BEACH CA 92647
Christopher P Pinsak officer: Sr. Regional VP, Operations 7755 CENTER AVENUE, SUITE 300, HUNTINGTON BEACH CA 92614
Amy B Krallman officer: EVY & Chief People Officer US AUTO PARTS NETWORK, INC., 17150 MARGAY AVENUE, CARSON CA 90746
Julius Robinson director 10400 FERNWOOD RD, BETHESDA MD 20817
Thomas Houdek officer: CFO 7755 CENTER AVE., STE 300, HUNTINGTON BEACH CA 92647
Larry D Bouts director
Alex Puchner officer: Sr. Vice President Brewing Ops 16161 BEACH BLVD, STE 100, HUNTINGTON BEACH CA 92647