GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Paramount Global (STU:0VV) » Definitions » Cyclically Adjusted Price-to-FCF

Paramount Global (STU:0VV) Cyclically Adjusted Price-to-FCF : 3.61 (As of May. 15, 2024)


View and export this data going back to . Start your Free Trial

What is Paramount Global Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Paramount Global's current share price is €20.40. Paramount Global's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €5.65. Paramount Global's Cyclically Adjusted Price-to-FCF for today is 3.61.

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

STU:0VV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.13   Med: 17.37   Max: 27.74
Current: 3.75

During the past years, Paramount Global's highest Cyclically Adjusted Price-to-FCF was 27.74. The lowest was 3.13. And the median was 17.37.

STU:0VV's Cyclically Adjusted Price-to-FCF is ranked better than
86.19% of 362 companies
in the Media - Diversified industry
Industry Median: 16.345 vs STU:0VV: 3.75

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.

Paramount Global's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.294. 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 €5.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paramount Global Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Paramount Global'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.

Paramount Global Cyclically Adjusted Price-to-FCF Chart

Paramount Global 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 12.14 10.45 8.23 4.73 4.40

Paramount Global 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 6.47 4.71 3.77 4.40 3.58

Competitive Comparison of Paramount Global's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Paramount Global'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.


Paramount Global's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Paramount Global's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Paramount Global 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.40/5.65
=3.61

* 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.

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

For example, Paramount Global'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)
=0.294/129.4194*129.4194
=0.294

Current CPI (Mar. 2024) = 129.4194.

Paramount Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.104 100.560 0.134
201409 -0.544 100.428 -0.701
201412 1.431 99.070 1.869
201503 0.730 99.621 0.948
201506 0.751 100.684 0.965
201509 -0.549 100.392 -0.708
201512 1.372 99.792 1.779
201603 1.924 100.470 2.478
201606 0.368 101.688 0.468
201609 0.026 101.861 0.033
201612 0.653 101.863 0.830
201703 1.555 102.862 1.956
201706 0.386 103.349 0.483
201709 0.010 104.136 0.012
201712 2.665 104.011 3.316
201803 1.443 105.290 1.774
201806 0.661 106.317 0.805
201809 0.226 106.507 0.275
201812 4.803 105.998 5.864
201903 1.236 107.251 1.491
201906 0.265 108.070 0.317
201909 0.575 108.329 0.687
201912 -0.807 108.420 -0.963
202003 0.448 108.902 0.532
202006 1.029 108.767 1.224
202009 1.834 109.815 2.161
202012 -0.510 109.897 -0.601
202103 2.211 111.754 2.560
202106 -0.010 114.631 -0.011
202109 -0.303 115.734 -0.339
202112 -1.057 117.630 -1.163
202203 0.481 121.301 0.513
202206 0.138 125.017 0.143
202209 -0.531 125.227 -0.549
202212 -0.344 125.222 -0.356
202303 -0.644 127.348 -0.654
202306 -0.130 128.729 -0.131
202309 0.516 129.860 0.514
202312 0.461 129.419 0.461
202403 0.294 129.419 0.294

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.


Paramount Global  (STU:0VV) 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.


Paramount Global Cyclically Adjusted Price-to-FCF Related Terms

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


Paramount Global (STU:0VV) Business Description

Address
1515 Broadway, New York, NY, USA, 10036
Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.

Paramount Global (STU:0VV) Headlines

No Headlines