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British Smaller VCT (LSE:BSV) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is British Smaller VCT Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


British Smaller VCT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for British Smaller VCT'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.

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British Smaller VCT Cyclically Adjusted Price-to-FCF Chart

British Smaller VCT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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British Smaller VCT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of British Smaller VCT's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, British Smaller VCT'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.


British Smaller VCT's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, British Smaller VCT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



British Smaller VCT 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.

British Smaller VCT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, British Smaller VCT's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.012/126.8000*126.8000
=-0.012

Current CPI (Mar23) = 126.8000.

British Smaller VCT Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.002 99.300 -0.003
201503 -0.006 99.600 -0.008
201603 -0.001 100.400 -0.001
201703 -0.010 102.700 -0.012
201803 -0.032 105.100 -0.039
201903 -0.002 107.000 -0.002
202003 -0.003 108.600 -0.004
202103 0.007 109.700 0.008
202203 -0.010 116.500 -0.011
202303 -0.012 126.800 -0.012

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.


British Smaller VCT  (LSE:BSV) 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.


British Smaller VCT Cyclically Adjusted Price-to-FCF Related Terms

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


British Smaller VCT (LSE:BSV) Business Description

Traded in Other Exchanges
N/A
Address
14 South Parade, 5th Floor, Valiant Building, Leeds, West Yorkshire, GBR, LS1 5QS
British Smaller Companies VCT PLC is a United Kingdom-based company. The company operates as a venture capital trust. It makes long-term equity and loan investments in unquoted businesses. The company invests in various sectors including Business Services, Manufacturing and Industrial, Healthcare, Software, IT and Telecommunications, and Retail and Brands. The Company has engaged in a single operating segment: investing in equity and debt securities within the United Kingdom.

British Smaller VCT (LSE:BSV) Headlines

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