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Balkan and Sea Properties Reit-Varna (XBUL:BSP) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Balkan and Sea Properties Reit-Varna Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Balkan and Sea Properties Reit-Varna Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Balkan and Sea Properties Reit-Varna'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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Balkan and Sea Properties Reit-Varna Cyclically Adjusted Price-to-FCF Chart

Balkan and Sea Properties Reit-Varna Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Balkan and Sea Properties Reit-Varna Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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Competitive Comparison of Balkan and Sea Properties Reit-Varna's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Balkan and Sea Properties Reit-Varna'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.


Balkan and Sea Properties Reit-Varna's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Balkan and Sea Properties Reit-Varna's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Balkan and Sea Properties Reit-Varna's Cyclically Adjusted Price-to-FCF falls into.



Balkan and Sea Properties Reit-Varna 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.

Balkan and Sea Properties Reit-Varna's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Balkan and Sea Properties Reit-Varna's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.034/129.8595*129.8595
=-0.034

Current CPI (Sep. 2023) = 129.8595.

Balkan and Sea Properties Reit-Varna Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.033 98.790 0.043
201312 -0.042 98.326 -0.055
201403 0.074 99.695 0.096
201406 0.077 100.560 0.099
201409 0.065 100.428 0.084
201412 0.029 99.070 0.038
201503 -0.011 99.621 -0.014
201506 -0.109 100.684 -0.141
201509 0.202 100.392 0.261
201512 -0.118 99.792 -0.154
201603 -0.102 100.470 -0.132
201606 -0.073 101.688 -0.093
201609 0.000 101.861 0.000
201612 0.478 101.863 0.609
201703 -0.012 102.862 -0.015
201706 0.010 103.349 0.013
201709 -1.948 104.136 -2.429
201712 -0.153 104.011 -0.191
201803 0.031 105.290 0.038
201806 0.010 106.317 0.012
201809 -0.009 106.507 -0.011
201812 -0.069 105.998 -0.085
201903 -0.010 107.251 -0.012
201906 -0.016 108.070 -0.019
201909 0.019 108.329 0.023
201912 0.051 108.420 0.061
202003 0.046 108.902 0.055
202006 0.058 108.767 0.069
202009 -0.008 109.815 -0.009
202012 0.037 109.897 0.044
202103 0.015 111.754 0.017
202106 0.001 114.631 0.001
202109 0.032 115.734 0.036
202112 -1.447 117.630 -1.597
202203 -0.011 121.301 -0.012
202206 0.003 125.017 0.003
202209 0.047 125.227 0.049
202303 0.203 127.348 0.207
202306 -0.025 128.729 -0.025
202309 -0.034 129.860 -0.034

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.


Balkan and Sea Properties Reit-Varna  (XBUL:BSP) 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.


Balkan and Sea Properties Reit-Varna Cyclically Adjusted Price-to-FCF Related Terms

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


Balkan and Sea Properties Reit-Varna (XBUL:BSP) Business Description

Traded in Other Exchanges
N/A
Address
14 General Kolev Boulevard, Varna, BGR, 9000
Balkan and Sea Properties Reit-Varna is a real estate investment trust.

Balkan and Sea Properties Reit-Varna (XBUL:BSP) Headlines

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