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Rambus (HAM:RMB) Cyclically Adjusted Price-to-FCF : 44.13 (As of May. 24, 2024)


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What is Rambus Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Rambus's current share price is €55.60. Rambus's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.26. Rambus's Cyclically Adjusted Price-to-FCF for today is 44.13.

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

HAM:RMB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.41   Med: 38.1   Max: 66.77
Current: 41.18

During the past years, Rambus's highest Cyclically Adjusted Price-to-FCF was 66.77. The lowest was 13.41. And the median was 38.10.

HAM:RMB's Cyclically Adjusted Price-to-FCF is ranked worse than
54.1% of 329 companies
in the Semiconductors industry
Industry Median: 40.61 vs HAM:RMB: 41.18

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.

Rambus's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.302. 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 Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rambus Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rambus'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.

Rambus Cyclically Adjusted Price-to-FCF Chart

Rambus 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 18.97 26.06 34.27 31.11 52.58

Rambus 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 43.16 51.16 43.74 52.58 46.15

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

For the Semiconductors subindustry, Rambus'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.


Rambus's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Rambus's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rambus 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=55.60/1.26
=44.13

* 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.

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

For example, Rambus'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)
=0.302/131.7762*131.7762
=0.302

Current CPI (Mar. 2024) = 131.7762.

Rambus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.055 100.560 0.072
201409 0.149 100.428 0.196
201412 0.168 99.070 0.223
201503 0.108 99.621 0.143
201506 0.159 100.684 0.208
201509 0.102 100.392 0.134
201512 0.180 99.792 0.238
201603 0.129 100.470 0.169
201606 0.242 101.688 0.314
201609 0.079 101.861 0.102
201612 0.252 101.863 0.326
201703 0.124 102.862 0.159
201706 0.188 103.349 0.240
201709 0.098 104.136 0.124
201712 0.429 104.011 0.544
201803 0.112 105.290 0.140
201806 0.000 106.317 0.000
201809 0.231 106.507 0.286
201812 0.250 105.998 0.311
201903 0.227 107.251 0.279
201906 0.292 108.070 0.356
201909 0.198 108.329 0.241
201912 0.266 108.420 0.323
202003 0.283 108.902 0.342
202006 0.400 108.767 0.485
202009 0.269 109.815 0.323
202012 0.242 109.897 0.290
202103 0.269 111.754 0.317
202106 0.360 114.631 0.414
202109 0.327 115.734 0.372
202112 0.509 117.630 0.570
202203 0.313 121.301 0.340
202206 0.434 125.017 0.457
202209 0.666 125.227 0.701
202212 0.408 125.222 0.429
202303 0.262 127.348 0.271
202306 0.361 128.729 0.370
202309 0.369 129.860 0.374
202312 0.451 129.419 0.459
202403 0.302 131.776 0.302

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.


Rambus  (HAM:RMB) 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.


Rambus Cyclically Adjusted Price-to-FCF Related Terms

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


Rambus (HAM:RMB) Business Description

Industry
Traded in Other Exchanges
Address
4453 North First Street, Suite 100, San Jose, CA, USA, 95134
Rambus Inc is a semiconductor solutions provider offering high-speed, high-security computer chips and Silicon intellectual property. The company's Key products include memory interface chips, built for high speed and efficiency; silicon IP, providing high-speed memory and chip-to-chip connection technology; and architecture licenses, which allow customers to use portions of Rambus' patented inventions for their own digital electronics. The firm receives the majority of its revenue from the United States, Taiwan, Asia-Other, Japan and Singapore.

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