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Reinsurance Group of America (FRA:RGPB) Cyclically Adjusted Price-to-FCF : 4.06 (As of May. 23, 2024)


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What is Reinsurance Group of America Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Reinsurance Group of America's current share price is €193.00. Reinsurance Group of America's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €47.54. Reinsurance Group of America's Cyclically Adjusted Price-to-FCF for today is 4.06.

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

FRA:RGPB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.09   Med: 4.07   Max: 6.47
Current: 4.12

During the past years, Reinsurance Group of America's highest Cyclically Adjusted Price-to-FCF was 6.47. The lowest was 2.09. And the median was 4.07.

FRA:RGPB's Cyclically Adjusted Price-to-FCF is ranked better than
82.75% of 313 companies
in the Insurance industry
Industry Median: 11.43 vs FRA:RGPB: 4.12

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.

Reinsurance Group of America's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €78.763. 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 €47.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reinsurance Group of America Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Reinsurance Group of America'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.

Reinsurance Group of America Cyclically Adjusted Price-to-FCF Chart

Reinsurance Group of America 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 5.61 3.66 2.88 3.64 3.75

Reinsurance Group of America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.23 3.35 3.43 3.75 3.74

Competitive Comparison of Reinsurance Group of America's Cyclically Adjusted Price-to-FCF

For the Insurance - Reinsurance subindustry, Reinsurance Group of America'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.


Reinsurance Group of America's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where Reinsurance Group of America's Cyclically Adjusted Price-to-FCF falls into.



Reinsurance Group of America 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.

Reinsurance Group of America's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=193.00/47.54
=4.06

* 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.

Reinsurance Group of America's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Reinsurance Group of America's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=78.763/131.7762*131.7762
=78.763

Current CPI (Mar. 2024) = 131.7762.

Reinsurance Group of America Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.870 100.560 5.071
201409 3.697 100.428 4.851
201412 12.804 99.070 17.031
201503 3.950 99.621 5.225
201506 3.824 100.684 5.005
201509 3.617 100.392 4.748
201512 16.782 99.792 22.161
201603 5.075 100.470 6.656
201606 3.102 101.688 4.020
201609 5.848 101.861 7.565
201612 6.490 101.863 8.396
201703 5.702 102.862 7.305
201706 3.237 103.349 4.127
201709 5.732 104.136 7.253
201712 11.201 104.011 14.191
201803 2.690 105.290 3.367
201806 4.599 106.317 5.700
201809 6.807 106.507 8.422
201812 6.386 105.998 7.939
201903 4.549 107.251 5.589
201906 8.615 108.070 10.505
201909 11.180 108.329 13.600
201912 7.542 108.420 9.167
202003 31.618 108.902 38.259
202006 5.092 108.767 6.169
202009 2.422 109.815 2.906
202012 6.412 109.897 7.689
202103 29.178 111.754 34.405
202106 -0.505 114.631 -0.581
202109 18.575 115.734 21.150
202112 4.566 117.630 5.115
202203 2.096 121.301 2.277
202206 1.016 125.017 1.071
202209 12.298 125.227 12.941
202212 3.674 125.222 3.866
202303 21.551 127.348 22.300
202306 3.217 128.729 3.293
202309 13.873 129.860 14.078
202312 16.680 129.419 16.984
202403 78.763 131.776 78.763

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.


Reinsurance Group of America  (FRA:RGPB) 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.


Reinsurance Group of America Cyclically Adjusted Price-to-FCF Related Terms

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Reinsurance Group of America (FRA:RGPB) Business Description

Traded in Other Exchanges
Address
16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.

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