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Zurich Insurance Group AG (Zurich Insurance Group AG) Cyclically Adjusted Price-to-FCF : 14.93 (As of Apr. 27, 2024)


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What is Zurich Insurance Group AG Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Zurich Insurance Group AG's current share price is $48.07. Zurich Insurance Group AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $3.22. Zurich Insurance Group AG's Cyclically Adjusted Price-to-FCF for today is 14.93.

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

ZURVY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.27   Med: 17.73   Max: 24.28
Current: 16.23

During the past 13 years, Zurich Insurance Group AG's highest Cyclically Adjusted Price-to-FCF was 24.28. The lowest was 7.27. And the median was 17.73.

ZURVY's Cyclically Adjusted Price-to-FCF is ranked worse than
68.83% of 324 companies
in the Insurance industry
Industry Median: 11.03 vs ZURVY: 16.23

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.

Zurich Insurance Group AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $4.733. 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 $3.22 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zurich Insurance Group AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zurich Insurance Group AG'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.

Zurich Insurance Group AG Cyclically Adjusted Price-to-FCF Chart

Zurich Insurance Group AG 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 19.31 16.93 18.50 18.94 16.22

Zurich Insurance Group AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 18.50 - 18.94 - 16.22

Competitive Comparison of Zurich Insurance Group AG's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.


Zurich Insurance Group AG's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where Zurich Insurance Group AG's Cyclically Adjusted Price-to-FCF falls into.



Zurich Insurance Group AG 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.

Zurich Insurance Group AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=48.07/3.22
=14.93

* 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.

Zurich Insurance Group AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Zurich Insurance Group AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.733/106.4611*106.4611
=4.733

Current CPI (Dec23) = 106.4611.

Zurich Insurance Group AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.999 100.704 3.170
201512 3.043 99.386 3.260
201612 0.504 99.380 0.540
201712 3.098 100.213 3.291
201812 2.162 100.906 2.281
201912 2.759 101.063 2.906
202012 3.433 100.241 3.646
202112 1.727 101.776 1.807
202212 3.013 104.666 3.065
202312 4.733 106.461 4.733

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.


Zurich Insurance Group AG  (OTCPK:ZURVY) 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.


Zurich Insurance Group AG Cyclically Adjusted Price-to-FCF Related Terms

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


Zurich Insurance Group AG (Zurich Insurance Group AG) Business Description

Address
Mythenquai 2, Corporate Center, Zurich, CHE, 8002
Zurich is a multiline insurer that writes business across both life and non-life insurance and also owns Farmers Management Services. The company was founded in 1872, originally as a marine reinsurer, to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling that would be damaging to both customers and Zurich. Over the years Zurich has sought to combine goodwill in claims with a sufficient premium. Zurich is now one of the most successful insurers in Europe.