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Citizens (Citizens) Cyclically Adjusted Price-to-FCF : 1.23 (As of Apr. 29, 2024)


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What is Citizens Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Citizens's current share price is $2.08. Citizens's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.69. Citizens's Cyclically Adjusted Price-to-FCF for today is 1.23.

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

CIA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.97   Med: 4.44   Max: 8.53
Current: 1.23

During the past years, Citizens's highest Cyclically Adjusted Price-to-FCF was 8.53. The lowest was 0.97. And the median was 4.44.

CIA's Cyclically Adjusted Price-to-FCF is ranked better than
95.09% of 326 companies
in the Insurance industry
Industry Median: 11.03 vs CIA: 1.23

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.

Citizens's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.127. 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 $1.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizens Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Citizens'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.

Citizens Cyclically Adjusted Price-to-FCF Chart

Citizens 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 3.90 3.35 3.03 1.18 1.59

Citizens Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.18 2.06 1.35 1.62 1.59

Competitive Comparison of Citizens's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, Citizens'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.


Citizens's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Citizens's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Citizens 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.08/1.69
=1.23

* 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.

Citizens's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Citizens's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.127/129.4194*129.4194
=0.127

Current CPI (Dec. 2023) = 129.4194.

Citizens Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.404 99.695 0.524
201406 0.456 100.560 0.587
201409 0.467 100.428 0.602
201412 0.619 99.070 0.809
201503 0.338 99.621 0.439
201506 0.455 100.684 0.585
201509 0.455 100.392 0.587
201512 0.481 99.792 0.624
201603 0.414 100.470 0.533
201606 0.435 101.688 0.554
201609 0.513 101.861 0.652
201612 0.636 101.863 0.808
201703 0.423 102.862 0.532
201706 0.425 103.349 0.532
201709 0.502 104.136 0.624
201712 0.480 104.011 0.597
201803 0.438 105.290 0.538
201806 0.396 106.317 0.482
201809 0.469 106.507 0.570
201812 0.359 105.998 0.438
201903 0.359 107.251 0.433
201906 0.266 108.070 0.319
201909 0.385 108.329 0.460
201912 0.423 108.420 0.505
202003 0.279 108.902 0.332
202006 0.285 108.767 0.339
202009 0.106 109.815 0.125
202012 0.286 109.897 0.337
202103 0.035 111.754 0.041
202106 0.127 114.631 0.143
202109 0.293 115.734 0.328
202112 0.326 117.630 0.359
202203 0.238 121.301 0.254
202206 0.200 125.017 0.207
202209 0.342 125.227 0.353
202212 0.338 125.222 0.349
202303 0.144 127.348 0.146
202306 0.096 128.729 0.097
202309 0.060 129.860 0.060
202312 0.127 129.419 0.127

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.


Citizens  (NYSE:CIA) 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.


Citizens Cyclically Adjusted Price-to-FCF Related Terms

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


Citizens (Citizens) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11815 Alterra Parkway, Suite 1500, Austin, TX, USA, 78758
Citizens Inc is an insurance holding company serving the life insurance needs of individuals in the United States. The company provides insurance benefits to residents in 32 U.S. states and more than 70 countries through its insurance subsidiaries. The company operates in two business segments namely the Life Insurance segment and the Home Service Insurance segment. The company majority generates revenues from Life Insurance segment.
Executives
James Keith Morgan director PO BOX 149151, AUSTIN TX 78714
Christopher W Claus director TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Jeffery P. Conklin officer: VP, CFO & Treasurer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Gerald W Shields director, officer: President & CEO 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Harvey J. Waite officer: VP, Chief Actuary 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Mary Taylor director PO BOX 149151, AUSTIN TX 78714
Cynthia H Davis director PO BOX 149151, AUSTIN TX 78714
Davis Jerry Dodd Jr. director 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Terry Sam Maness director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Errol Dean Gage director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Frank A Keating director 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mauldin Robert M Iii officer: VP, Chief Marketing Officer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Sheryl L Kinlaw officer: Chief Legal Officer 11815 ALTERRA PKWY, FLOOR 15, AUSTIN TX 78758
Sloan Robert B Jr director 11815 ALTERRA PKWY, SUITE 1500, AUSTIN TX 78758
Fred L. Quatro director 2901 PENNY LANE, EULESS TX 76039