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PartnerRe (PartnerRe) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is PartnerRe Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


PartnerRe Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PartnerRe'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.

PartnerRe Cyclically Adjusted Price-to-FCF Chart

PartnerRe Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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PartnerRe Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of PartnerRe's Cyclically Adjusted Price-to-FCF

For the Insurance - Reinsurance subindustry, PartnerRe'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.


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

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

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



PartnerRe 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.

PartnerRe's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2020 is calculated as:

For example, PartnerRe's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2020 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=7.17/109.8968*109.8968
=7.170

Current CPI (Dec. 2020) = 109.8968.

PartnerRe Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201103 7.152 94.283 8.336
201106 3.741 95.235 4.317
201109 -2.323 95.727 -2.667
201112 -0.152 95.213 -0.175
201203 1.200 96.783 1.363
201206 1.607 96.819 1.824
201209 4.581 97.633 5.156
201212 3.520 96.871 3.993
201303 1.924 98.209 2.153
201306 2.055 98.518 2.292
201309 6.462 98.790 7.189
201312 4.314 98.326 4.822
201403 1.493 99.695 1.646
201406 2.769 100.560 3.026
201409 7.150 100.428 7.824
201412 5.264 99.070 5.839
201503 2.848 99.621 3.142
201506 0.002 100.684 0.002
201509 -0.003 100.392 -0.003
201512 0.000 99.792 0.000
201603 1.919 100.470 2.099
201606 0.001 101.688 0.001
201609 0.004 101.861 0.004
201612 0.000 101.863 0.000
201703 -0.019 102.862 -0.020
201706 2.680 103.349 2.850
201709 2.358 104.136 2.488
201712 0.046 104.011 0.049
201803 -0.744 105.290 -0.777
201806 2.649 106.317 2.738
201809 4.947 106.507 5.104
201812 2.480 105.998 2.571
201903 1.913 107.251 1.960
201906 4.535 108.070 4.612
201909 8.226 108.329 8.345
201912 6.156 108.420 6.240
202003 4.942 108.902 4.987
202006 5.056 108.767 5.109
202009 6.290 109.815 6.295
202012 7.170 109.897 7.170

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.


PartnerRe  (NYSE:PRE) 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.


PartnerRe Cyclically Adjusted Price-to-FCF Related Terms

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


PartnerRe (PartnerRe) Business Description

Industry
Traded in Other Exchanges
Address
90 Pitts Bay Road, Wellesley House South, Pembroke, BMU, HM 08
PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. It operates through the following segments the P&C segment, the Specialty segment under the non-life division, and the Life and Health segment. PartnerRe derives the majority of its revenue from the non-life business division.
Executives
Debra J Perry director 515 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Greg Fook-hin Seow director 33 ROCHESTER DRIVE, #33-03, SINGAPORE U0 138638
Egbert P Willam director WILHELM-VON-CAPITAINE-STR. 5, COLOGNE 2M D-50858
Emmanuel Clarke officer: CEO, PartnerRe Global BELLERIVESTRASSE 36, ZURICH V8 8034
David Outtrim officer: Chief Accounting Officer WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, 5TH FLOOR, PEMBROKE D0 HM 09
Theodore C Walker officer: President & CEO, PartnerRe NA WELLESLEY HOUSE SOUTH,, 90 PITTS BAY ROAD, PEMBROKE D0 HM08
Judith Hanratty director C/O PARTNERRE LTD, WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, PEMBROKE D0 HM08
Laurie Desmet officer: EVP & COO, PartnerRe Ltd C/O PARTNERRE LTD, WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Remy Sautter director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
Jan H Holsboer director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
William Babcock officer: EVP & CFO, PartnerRe Ltd. C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WEST BUILDING, WHITE PLAINS NY 10604
Kevin M Twomey director 1650 PRUDENTIAL DR, STE 400, JACKSONVILLE FL 32207
David K Zwiener director, officer: President & CEO PartnerRe Ltd.
Roberto G Mendoza director C/O JP MORGAN & CO INCORPORATED, 60 WALL STREET, NEW YORK NY 10260
Montupet Jean Paul L director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08