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Pembina Pipeline (STU:P5P) Cyclically Adjusted Price-to-FCF : 47.21 (As of May. 28, 2024)


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What is Pembina Pipeline Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Pembina Pipeline's current share price is €33.52. Pembina Pipeline's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.71. Pembina Pipeline's Cyclically Adjusted Price-to-FCF for today is 47.21.

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

STU:P5P' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 45.55   Med: 80.62   Max: 652.88
Current: 47.6

During the past years, Pembina Pipeline's highest Cyclically Adjusted Price-to-FCF was 652.88. The lowest was 45.55. And the median was 80.62.

STU:P5P's Cyclically Adjusted Price-to-FCF is ranked worse than
85.35% of 396 companies
in the Oil & Gas industry
Industry Median: 13.66 vs STU:P5P: 47.60

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.

Pembina Pipeline's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.309. 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 €0.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pembina Pipeline Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pembina Pipeline'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.

Pembina Pipeline Cyclically Adjusted Price-to-FCF Chart

Pembina Pipeline 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 - - - 88.87 46.39

Pembina Pipeline 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 80.70 61.70 49.25 46.39 45.63

Competitive Comparison of Pembina Pipeline's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Pembina Pipeline'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.


Pembina Pipeline's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pembina Pipeline's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pembina Pipeline 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.52/0.71
=47.21

* 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.

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

For example, Pembina Pipeline'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)
=0.309/126.2576*126.2576
=0.309

Current CPI (Mar. 2024) = 126.2576.

Pembina Pipeline Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.299 99.473 -0.380
201409 -0.334 99.394 -0.424
201412 -0.599 98.367 -0.769
201503 -0.814 99.789 -1.030
201506 -0.374 100.500 -0.470
201509 -0.567 100.421 -0.713
201512 -0.301 99.947 -0.380
201603 -0.188 101.054 -0.235
201606 -0.189 102.002 -0.234
201609 -0.502 101.765 -0.623
201612 -0.298 101.449 -0.371
201703 -0.669 102.634 -0.823
201706 -0.188 103.029 -0.230
201709 -0.066 103.345 -0.081
201712 0.265 103.345 0.324
201803 0.215 105.004 0.259
201806 0.447 105.557 0.535
201809 0.245 105.636 0.293
201812 0.406 105.399 0.486
201903 0.320 106.979 0.378
201906 0.295 107.690 0.346
201909 0.152 107.611 0.178
201912 0.394 107.769 0.462
202003 -0.086 107.927 -0.101
202006 0.513 108.401 0.598
202009 0.303 108.164 0.354
202012 0.706 108.559 0.821
202103 0.400 110.298 0.458
202106 0.540 111.720 0.610
202109 0.857 112.905 0.958
202112 0.654 113.774 0.726
202203 0.618 117.646 0.663
202206 0.600 120.806 0.627
202209 0.806 120.648 0.843
202212 1.010 120.964 1.054
202303 0.398 122.702 0.410
202306 0.668 124.203 0.679
202309 0.598 125.230 0.603
202312 0.872 125.072 0.880
202403 0.309 126.258 0.309

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.


Pembina Pipeline  (STU:P5P) 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.


Pembina Pipeline Cyclically Adjusted Price-to-FCF Related Terms

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


Pembina Pipeline (STU:P5P) Business Description

Industry
Address
585 - 8th Avenue S.W., Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.

Pembina Pipeline (STU:P5P) Headlines

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