PetMed Express (FRA:PQM) Cyclically Adjusted FCF per Share: €1.04 (As of Mar. 2026)

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FRA:PQM PetMed Express Inc FRA:PQM
60 GF Score
Price €1.62
GF Value €2.32
Valuation Possible Value Trap
! 4 Warning Signs
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What is PetMed Express Cyclically Adjusted FCF per Share?

PetMed Express FRA:PQM -1.28% 60 Cyclically Adjusted FCF per Share is €1.04 as of Mar. 2026. GuruFocus rates FRA:PQM with a GF Score™ of 60/100 and a GF Value™ of €2.32 (Possible Value Trap). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

PetMed Express's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.225. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €1.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PetMed Express's average Cyclically Adjusted FCF Growth Rate was -8.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of PetMed Express was 22.70% per year. The lowest was -7.30% per year. And the median was 7.30% per year.

As of today (2026-07-19), PetMed Express's current stock price is €1.621. PetMed Express's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €1.04. PetMed Express's Cyclically Adjusted Price-to-FCF of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PetMed Express was 46.96. The lowest was 1.29. And the median was 17.46.


PetMed Express  (FRA:PQM) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

PetMed Express's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.621/1.04
=1.56

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PetMed Express was 46.96. The lowest was 1.29. And the median was 17.46.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


PetMed Express Cyclically Adjusted FCF per Share Related Terms


PetMed Express Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PetMed Express's Cyclically Adjusted FCF per Share 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.

PetMed Express Cyclically Adjusted FCF per Share Chart

PetMed Express Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.52 1.50 1.26 1.04

PetMed Express Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 1.26 1.06 1.01 1.00 1.04

FRA:PQM vs SHFH, BHIC, SCNX: Cyclically Adjusted FCF per Share Comparison

For the Pharmaceutical Retailers subindustry, PetMed Express'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.


PetMed Express Cyclically Adjusted Price-to-FCF vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PetMed Express's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:PQM
60GF Score
PetMed Express Inc FRA:PQM
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PetMed Express Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PetMed Express's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.225/330.2130*330.2130
=-0.225

Current CPI (Mar. 2026) = 330.2130.

PetMed Express Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.460 241.018 0.630
201609 0.500 241.428 0.684
201612 -0.007 241.432 -0.010
201703 0.679 243.801 0.920
201706 0.603 244.955 0.813
201709 0.168 246.819 0.225
201712 0.688 246.524 0.922
201803 0.083 249.554 0.110
201806 0.910 251.989 1.192
201809 -0.074 252.439 -0.097
201812 0.496 251.233 0.652
201903 0.561 254.202 0.729
201906 -0.007 256.143 -0.009
201909 0.774 256.759 0.995
201912 0.129 256.974 0.166
202003 0.759 258.115 0.971
202006 -0.503 257.797 -0.644
202009 1.068 260.280 1.355
202012 0.236 260.474 0.299
202103 0.744 264.877 0.928
202106 -0.037 271.696 -0.045
202109 0.041 274.310 0.049
202112 0.366 278.802 0.433
202203 0.368 287.504 0.423
202206 0.252 296.311 0.281
202209 -0.130 296.808 -0.145
202212 0.557 296.797 0.620
202303 0.358 301.836 0.392
202306 -0.027 305.109 -0.029
202309 -0.079 307.789 -0.085
202312 -0.167 306.746 -0.180
202403 0.264 312.332 0.279
202406 -0.408 314.175 -0.429
202409 0.263 315.301 0.275
202412 -0.090 315.605 -0.094
202503 0.207 319.799 0.214
202506 -0.567 322.561 -0.580
202509 -0.196 324.800 -0.199
202512 -0.373 324.054 -0.380
202603 -0.225 330.213 -0.225

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €1.04 mean?
PetMed Express (FRA:PQM) has a Cyclically Adjusted FCF per Share of €1.04 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PetMed Express and its competitors.
Is PetMed Express' Cyclically Adjusted FCF per Share too high?
PetMed Express' current Cyclically Adjusted FCF per Share is €1.04. Overall, PetMed Express has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PetMed Express' Cyclically Adjusted FCF per Share compare to SHFH and BHIC?
PetMed Express' Cyclically Adjusted FCF per Share of €1.04 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Healthcare Providers & Services company?
A good Cyclically Adjusted FCF per Share depends on the Healthcare Providers & Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PetMed Express and its competitors. PetMed Express's current Cyclically Adjusted FCF per Share is €1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetMed Express stock overvalued right now?
Based on GuruFocus' analysis, PetMed Express (FRA:PQM) is currently considered Possible Value Trap. The stock's GF Value™ is €2.32, compared to a current price of €1.62 — trading 30.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.04. PetMed Express' overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For PetMed Express (FRA:PQM), the current Cyclically Adjusted FCF per Share is €1.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PetMed Express (FRA:PQM) Overvalued in 2026?

Based on GuruFocus' analysis, PetMed Express stock appears to be undervalued. The current stock price of €1.62 is trading 30.1% below its estimated GF Value™ of €2.32. GuruFocus considers PetMed Express to be Possible Value Trap.

Key valuation signals for FRA:PQM:

  • Cyclically Adjusted FCF per Share: €1.04
  • GF Value™: €2.32 vs. price of €1.62 (30.1% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the FRA:PQM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PetMed Express Business Description

Other Exchanges PETS:USA
Address 420 South Congress Avenue, Suite 100, Delray Beach, FL, USA, 33445
PetMed Express Inc is a nationwide direct-to-consumer pet pharmacy and online provider of prescription and non-prescription medications, foods, supplements, supplies, and vet services for dogs, cats, and horses. It markets and sells directly to consumers through its websites, toll-free numbers, and mobile application, offering convenience, price, speed of delivery, and customer service. It provides access to branded pharmaceuticals, generic medications, compounded prescription medications, over-the-counter health and wellness products, prescription and non-prescription food, pharmacy fulfillment, and AutoShip capabilities. Its digital platform offers pet healthcare solutions for chronic conditions, including allergies, arthritis, anxiety, kidney-related conditions, and hyperthyroidism.
60GF Score

Get the complete analysis for FRA:PQM

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.62
Price
€2.32
GF Value