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Corus Entertainment (TSX:CJR.B) Cyclically Adjusted Price-to-FCF : 0.33 (As of May. 27, 2024)


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What is Corus Entertainment Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Corus Entertainment's current share price is C$0.485. Corus Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was C$1.47. Corus Entertainment's Cyclically Adjusted Price-to-FCF for today is 0.33.

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

TSX:CJR.B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.33   Med: 3.7   Max: 26.65
Current: 0.33

During the past years, Corus Entertainment's highest Cyclically Adjusted Price-to-FCF was 26.65. The lowest was 0.33. And the median was 3.70.

TSX:CJR.B's Cyclically Adjusted Price-to-FCF is ranked better than
98.32% of 357 companies
in the Media - Diversified industry
Industry Median: 16.89 vs TSX:CJR.B: 0.33

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.

Corus Entertainment's adjusted free cash flow per share data for the three months ended in Feb. 2024 was C$0.159. 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 C$1.47 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corus Entertainment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Corus Entertainment'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.

Corus Entertainment Cyclically Adjusted Price-to-FCF Chart

Corus Entertainment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 1.91 3.68 2.17 0.84

Corus Entertainment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.15 0.74 0.84 0.37 0.48

Competitive Comparison of Corus Entertainment's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Corus Entertainment'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.


Corus Entertainment's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Corus Entertainment 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.485/1.47
=0.33

* 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.

Corus Entertainment's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Corus Entertainment's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.159/125.4675*125.4675
=0.159

Current CPI (Feb. 2024) = 125.4675.

Corus Entertainment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.676 99.394 0.853
201408 -0.060 99.315 -0.076
201411 0.220 99.078 0.279
201502 0.504 99.078 0.638
201505 0.708 100.263 0.886
201508 0.519 100.579 0.647
201511 0.358 100.421 0.447
201602 0.207 100.421 0.259
201605 0.355 101.765 0.438
201608 0.272 101.686 0.336
201611 0.068 101.607 0.084
201702 0.475 102.476 0.582
201705 0.405 103.108 0.493
201708 0.359 103.108 0.437
201711 0.402 103.740 0.486
201802 0.388 104.688 0.465
201805 0.416 105.399 0.495
201808 0.447 106.031 0.529
201811 0.200 105.478 0.238
201902 0.380 106.268 0.449
201905 0.425 107.927 0.494
201908 0.441 108.085 0.512
201911 0.246 107.769 0.286
202002 0.303 108.559 0.350
202005 0.430 107.532 0.502
202008 0.418 108.243 0.485
202011 0.297 108.796 0.343
202102 0.427 109.745 0.488
202105 0.309 111.404 0.348
202108 0.138 112.668 0.154
202111 0.173 113.932 0.191
202202 0.421 115.986 0.455
202205 0.131 120.016 0.137
202208 0.220 120.569 0.229
202211 0.104 121.675 0.107
202302 0.141 122.070 0.145
202305 0.128 124.045 0.129
202308 0.159 125.389 0.159
202311 0.111 125.468 0.111
202402 0.159 125.468 0.159

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.


Corus Entertainment  (TSX:CJR.B) 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.


Corus Entertainment Cyclically Adjusted Price-to-FCF Related Terms

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


Corus Entertainment (TSX:CJR.B) Business Description

Traded in Other Exchanges
Address
25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5
Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.

Corus Entertainment (TSX:CJR.B) Headlines

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