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Power of Canada (Power of Canada) Cyclically Adjusted Price-to-FCF : 2.33 (As of Apr. 28, 2024)


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What is Power of Canada Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Power of Canada's current share price is $26.6199. Power of Canada's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $11.43. Power of Canada's Cyclically Adjusted Price-to-FCF for today is 2.33.

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

PWCDF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.33   Med: 2.37   Max: 2.98
Current: 2.41

During the past years, Power of Canada's highest Cyclically Adjusted Price-to-FCF was 2.98. The lowest was 1.33. And the median was 2.37.

PWCDF's Cyclically Adjusted Price-to-FCF is ranked better than
88.89% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs PWCDF: 2.41

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.

Power of Canada's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $5.640. 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 $11.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power of Canada Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Power of Canada'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.

Power of Canada Cyclically Adjusted Price-to-FCF Chart

Power of Canada 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 2.31 2.02 2.72 2.07 2.50

Power of Canada 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 2.07 2.27 2.37 2.34 2.50

Competitive Comparison of Power of Canada's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, Power of Canada'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.


Power of Canada's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Power of Canada 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.

Power of Canada's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.6199/11.43
=2.33

* 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.

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

For example, Power of Canada'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)
=5.64/125.4675*125.4675
=5.640

Current CPI (Dec. 2023) = 125.4675.

Power of Canada Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.474 98.604 3.148
201406 3.100 99.473 3.910
201409 4.616 99.394 5.827
201412 1.497 98.367 1.909
201503 2.065 99.789 2.596
201506 2.722 100.500 3.398
201509 2.748 100.421 3.433
201512 1.957 99.947 2.457
201603 2.069 101.054 2.569
201606 3.419 102.002 4.206
201609 3.199 101.765 3.944
201612 2.389 101.449 2.955
201703 2.323 102.634 2.840
201706 2.190 103.029 2.667
201709 3.170 103.345 3.849
201712 3.828 103.345 4.647
201803 1.935 105.004 2.312
201806 2.278 105.557 2.708
201809 4.466 105.636 5.304
201812 2.940 105.399 3.500
201903 1.193 106.979 1.399
201906 5.263 107.690 6.132
201909 2.669 107.611 3.112
201912 2.384 107.769 2.776
202003 2.462 107.927 2.862
202006 1.900 108.401 2.199
202009 4.972 108.164 5.767
202012 2.286 108.559 2.642
202103 1.910 110.298 2.173
202106 1.348 111.720 1.514
202109 6.631 112.905 7.369
202112 2.279 113.774 2.513
202203 1.389 117.646 1.481
202206 2.927 120.806 3.040
202209 1.655 120.648 1.721
202212 -1.932 120.964 -2.004
202303 -1.528 122.702 -1.562
202306 0.765 124.203 0.773
202309 0.575 125.230 0.576
202312 5.640 125.468 5.640

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.


Power of Canada  (OTCPK:PWCDF) 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.


Power of Canada Cyclically Adjusted Price-to-FCF Related Terms

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


Power of Canada (Power of Canada) Business Description

Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).