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Jones Lang LaSalle (Jones Lang LaSalle) Cyclically Adjusted Price-to-FCF : 18.81 (As of Apr. 29, 2024)


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What is Jones Lang LaSalle Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Jones Lang LaSalle's current share price is $182.50. Jones Lang LaSalle's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $9.70. Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF for today is 18.81.

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

JLL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.24   Med: 24.69   Max: 37.48
Current: 18.81

During the past years, Jones Lang LaSalle's highest Cyclically Adjusted Price-to-FCF was 37.48. The lowest was 13.24. And the median was 24.69.

JLL's Cyclically Adjusted Price-to-FCF is ranked worse than
66.47% of 680 companies
in the Real Estate industry
Industry Median: 12.525 vs JLL: 18.81

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.

Jones Lang LaSalle's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $14.112. 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 $9.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jones Lang LaSalle Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jones Lang LaSalle'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.

Jones Lang LaSalle Cyclically Adjusted Price-to-FCF Chart

Jones Lang LaSalle 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 26.88 19.76 29.20 17.37 19.47

Jones Lang LaSalle 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 17.37 16.87 17.28 15.16 19.47

Competitive Comparison of Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Jones Lang LaSalle'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.


Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jones Lang LaSalle 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.

Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=182.50/9.7
=18.81

* 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.

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

For example, Jones Lang LaSalle'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)
=14.112/129.4194*129.4194
=14.112

Current CPI (Dec. 2023) = 129.4194.

Jones Lang LaSalle Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -6.559 99.695 -8.515
201406 1.807 100.560 2.326
201409 3.385 100.428 4.362
201412 9.434 99.070 12.324
201503 -7.824 99.621 -10.164
201506 2.084 100.684 2.679
201509 3.399 100.392 4.382
201512 7.340 99.792 9.519
201603 -8.139 100.470 -10.484
201606 0.167 101.688 0.213
201609 1.563 101.861 1.986
201612 6.533 101.863 8.300
201703 -5.323 102.862 -6.697
201706 3.089 103.349 3.868
201709 6.142 104.136 7.633
201712 10.202 104.011 12.694
201803 -6.540 105.290 -8.039
201806 -0.842 106.317 -1.025
201809 4.971 106.507 6.040
201812 12.030 105.998 14.688
201903 -12.953 107.251 -15.630
201906 0.634 108.070 0.759
201909 3.537 108.329 4.226
201912 12.954 108.420 15.463
202003 -11.257 108.902 -13.378
202006 8.980 108.767 10.685
202009 7.132 109.815 8.405
202012 13.625 109.897 16.045
202103 -9.514 111.754 -11.018
202106 3.450 114.631 3.895
202109 7.982 115.734 8.926
202112 13.484 117.630 14.835
202203 -14.973 121.301 -15.975
202206 2.753 125.017 2.850
202209 1.818 125.227 1.879
202212 11.041 125.222 11.411
202303 -16.099 127.348 -16.361
202306 4.099 128.729 4.121
202309 5.707 129.860 5.688
202312 14.112 129.419 14.112

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.


Jones Lang LaSalle  (NYSE:JLL) 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.


Jones Lang LaSalle Cyclically Adjusted Price-to-FCF Related Terms

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


Jones Lang LaSalle (Jones Lang LaSalle) Business Description

Industry
Traded in Other Exchanges
Address
200 East Randolph Drive, Chicago, IL, USA, 60601
Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $70 billion for clients across diverse public and private real estate strategies.
Executives
Andrew W Poppink officer: CEO, Markets Advisory 200 E. RANDOLPH, CHICAGO IL 60601
Moses Ifidon Ojeisekhoba director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Laura M. Adams officer: Chief Human Resources Officer 200 E. RANDOLPH, CHICAGO IL 60601
Larry Quinlan director 2225 LAWSON LANE, SANTA CLARA CA 95054
Mark Gabbay officer: CEO LaSalle Investment Mgmt 200 E. RANDOLPH, CHICAGO IL 60601
Benjamin G. Hawke officer: Chief Accounting Officer 200 E. RANDOLPH, CHICAGO IL 60601
Efrain Rivera director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Louis F Bowers officer: Global Controller 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Kylie L Kendrick officer: Chief Operating Officer 200 E. RANDOLPH, CHICAGO IL 60601
Tina L. Ju director 200 E. RANDOLPH, CHICAGO IL 60601
Richard Bloxam officer: Global Head, Capital Markets 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Jeff A Jacobson officer: CEO, LaSalle Investment Mgmt 200 E. RANDOLPH DR., CHICAGO IL 60601
Karen G Brennan officer: Chief Financial Officer 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Yishai Lerner officer: Co-CEO JLL Technologies 200 E. RANDOLPH STREET, CHICAGO IL 60601
Mihir Shah officer: Co-CEO JLL Technologies 200 E. RANDOLPH STREET, CHICAGO IL 60601