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Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Cyclically Adjusted Price-to-FCF : 8.27 (As of May. 01, 2024)


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What is Blackrock Municipalome Trust II Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Blackrock Municipalome Trust II's current share price is $10.42. Blackrock Municipalome Trust II's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 was $1.26. Blackrock Municipalome Trust II's Cyclically Adjusted Price-to-FCF for today is 8.27.

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

BLE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.01   Med: 15.86   Max: 20.55
Current: 8.25

During the past 13 years, Blackrock Municipalome Trust II's highest Cyclically Adjusted Price-to-FCF was 20.55. The lowest was 7.01. And the median was 15.86.

BLE's Cyclically Adjusted Price-to-FCF is ranked better than
72.75% of 510 companies
in the Asset Management industry
Industry Median: 20.11 vs BLE: 8.25

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.

Blackrock Municipalome Trust II's adjusted free cash flow per share data of for the fiscal year that ended in Jul23 was $2.213. 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 $1.26 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackrock Municipalome Trust II Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Blackrock Municipalome Trust II'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.

Blackrock Municipalome Trust II Cyclically Adjusted Price-to-FCF Chart

Blackrock Municipalome Trust II Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 17.90 18.89 19.74 8.30

Blackrock Municipalome Trust II Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24
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 19.74 - - 8.30 -

Competitive Comparison of Blackrock Municipalome Trust II's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Blackrock Municipalome Trust II'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.


Blackrock Municipalome Trust II's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Municipalome Trust II's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Blackrock Municipalome Trust II's Cyclically Adjusted Price-to-FCF falls into.



Blackrock Municipalome Trust II 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.

Blackrock Municipalome Trust II's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.42/1.26
=8.27

* 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.

Blackrock Municipalome Trust II's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Blackrock Municipalome Trust II's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=2.213/128.9743*128.9743
=2.213

Current CPI (Jul23) = 128.9743.

Blackrock Municipalome Trust II Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201308 1.662 98.675 2.172
201408 1.187 100.352 1.526
201508 0.952 100.548 1.221
201608 0.564 101.617 0.716
201708 1.167 103.587 1.453
201808 0.975 106.383 1.182
201908 1.046 108.245 1.246
202008 0.055 109.662 0.065
202108 0.719 115.421 0.803
202307 2.213 128.974 2.213

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.


Blackrock Municipalome Trust II  (NYSE:BLE) 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.


Blackrock Municipalome Trust II Cyclically Adjusted Price-to-FCF Related Terms

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


Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular Federal income taxes and Maryland personal income taxes. The company's diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables it to tailor investment outcomes and asset allocation solutions for clients. Blackrock's product offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020

Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Headlines

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