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Interactive Brokers Group (Interactive Brokers Group) Cyclically Adjusted Price-to-FCF : 2.95 (As of May. 16, 2024)


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What is Interactive Brokers Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Interactive Brokers Group's current share price is $121.70. Interactive Brokers Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $41.25. Interactive Brokers Group's Cyclically Adjusted Price-to-FCF for today is 2.95.

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

IBKR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.59   Med: 3.03   Max: 7.39
Current: 2.96

During the past years, Interactive Brokers Group's highest Cyclically Adjusted Price-to-FCF was 7.39. The lowest was 1.59. And the median was 3.03.

IBKR's Cyclically Adjusted Price-to-FCF is ranked better than
93.1% of 232 companies
in the Capital Markets industry
Industry Median: 19.085 vs IBKR: 2.96

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.

Interactive Brokers Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $15.451. 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 $41.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Interactive Brokers Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Interactive Brokers Group'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.

Interactive Brokers Group Cyclically Adjusted Price-to-FCF Chart

Interactive Brokers Group 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 2.82 2.56 2.56 2.13 2.12

Interactive Brokers Group 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 2.41 2.27 2.30 2.12 2.71

Competitive Comparison of Interactive Brokers Group's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Interactive Brokers Group'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.


Interactive Brokers Group's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Interactive Brokers Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Interactive Brokers Group 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.

Interactive Brokers Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=121.70/41.25
=2.95

* 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.

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

For example, Interactive Brokers Group'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)
=15.451/131.7762*131.7762
=15.451

Current CPI (Mar. 2024) = 131.7762.

Interactive Brokers Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.867 100.560 1.136
201409 3.983 100.428 5.226
201412 5.921 99.070 7.876
201503 -3.825 99.621 -5.060
201506 1.721 100.684 2.252
201509 11.502 100.392 15.098
201512 1.365 99.792 1.802
201603 1.777 100.470 2.331
201606 -1.733 101.688 -2.246
201609 1.425 101.861 1.844
201612 7.485 101.863 9.683
201703 10.951 102.862 14.029
201706 11.172 103.349 14.245
201709 9.751 104.136 12.339
201712 -17.399 104.011 -22.044
201803 16.339 105.290 20.449
201806 12.846 106.317 15.922
201809 8.160 106.507 10.096
201812 -5.581 105.998 -6.938
201903 7.536 107.251 9.259
201906 19.121 108.070 23.315
201909 1.450 108.329 1.764
201912 6.159 108.420 7.486
202003 67.708 108.902 81.930
202006 -19.588 108.767 -23.732
202009 -2.307 109.815 -2.768
202012 52.454 109.897 62.897
202103 40.462 111.754 47.711
202106 14.176 114.631 16.296
202109 12.372 115.734 14.087
202112 -4.050 117.630 -4.537
202203 10.612 121.301 11.528
202206 -5.557 125.017 -5.857
202209 23.363 125.227 24.585
202212 -0.473 125.222 -0.498
202303 -9.035 127.348 -9.349
202306 20.141 128.729 20.618
202309 9.074 129.860 9.208
202312 21.885 129.419 22.284
202403 15.451 131.776 15.451

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.


Interactive Brokers Group  (NAS:IBKR) 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.


Interactive Brokers Group Cyclically Adjusted Price-to-FCF Related Terms

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


Interactive Brokers Group (Interactive Brokers Group) Business Description

Traded in Other Exchanges
Address
One Pickwick Plaza, Greenwich, CT, USA, 06830
Interactive Brokers is an online brokerage that generates trading commissions (around 43% of net revenue) from facilitating trading in a wide range of products, including equity, options, futures, foreign exchange, bonds, mutual funds, and ETFs. Interactive Brokers also generates net interest income (about 54% of net revenue) from idle client cash and earns fees (about 6% of net revenue) from ancillary services. Principal trading and other miscellaneous activities are small (about negative 3% of net revenue). The firm derives about 70% of its net revenue from the U.S. and 30% from international markets.
Executives
Thomas Aj Frank officer: Exec V.P & Chief Info Officer ONE PICKWICK PLAZA, GREENWICH CT 06830
Paul Jonathan Brody director, CFO, Treasurer & Secretary ONE PICKWICK PLAZA, GREENWICH CT 06830
Philip Uhde director, other: See Remarks 63 CROSBY STREET, 4TH FLOOR, NEW YORK NY 10012
Thomas Peterffy director, officer: Chairman, CEO & President ONE PICKWICK PLAZA, GREENWICH CT 06830
Jill Bright director 1334 YORK AVENUE, NEW YORK NY 10021
Denis Mendonca officer: Chief Accounting Officer ONE PICKWICK PLAZA, GREENWICH CT 06830
Earl H Nemser director, Vice Chairman ONE PICKWICK PLAZA, GREENWICH CT 06830
Nicole Yuen director ONE PICKWICK PLAZA, GREENWICH CT 06830
William Peterffy director ONE PICKWICK PLAZA, GREENWICH CT 06830
Echinus Advisors, Llc director, other: See Remarks 63 CROSBY STREET, 4TH FLOOR, NEW YORK NY 10012
John M. Damgard director ONE PICKWICK PLAZA, GREENWICH CT 06830
Milan Galik director, officer: Sr. V.P. Software Development ONE PICKWICK PLAZA, GREENWICH CT 06830
Kenneth James Winston director 870 S SAN RAFAEL AVE, PASADENA CA 91105
Gary Katz director ONE PICKWICK PLAZA, GREENWICH CT 06830
Wayne Hilbert Wagner director 4337 CITY DRIVE, PENTHOUSE 43, MARINA DEL REY CA 90292