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T. Rowe Price Group (XTER:TR1) Cyclically Adjusted FCF per Share : €6.51 (As of Dec. 2024)


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What is T. Rowe Price Group Cyclically Adjusted FCF per Share?

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.

T. Rowe Price Group's adjusted free cash flow per share for the three months ended in Dec. 2024 was €-1.693. 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 €6.51 for the trailing ten years ended in Dec. 2024.

During the past 12 months, T. Rowe Price Group's average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.40% 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 T. Rowe Price Group was 20.50% per year. The lowest was 0.10% per year. And the median was 14.25% per year.

As of today (2025-04-25), T. Rowe Price Group's current stock price is €78.41. T. Rowe Price Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was €6.51. T. Rowe Price Group's Cyclically Adjusted Price-to-FCF of today is 12.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of T. Rowe Price Group was 45.53. The lowest was 12.38. And the median was 24.63.


T. Rowe Price Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for T. Rowe Price Group'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.

* Premium members only.

T. Rowe Price Group Cyclically Adjusted FCF per Share Chart

T. Rowe Price Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 4.89 6.10 5.94 6.51

T. Rowe Price Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.94 6.15 6.42 6.15 6.51

Competitive Comparison of T. Rowe Price Group's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, T. Rowe Price Group'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.


T. Rowe Price Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's Cyclically Adjusted Price-to-FCF falls into.


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T. Rowe Price Group 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, T. Rowe Price Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-1.693/133.1571*133.1571
=-1.693

Current CPI (Dec. 2024) = 133.1571.

T. Rowe Price Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 1.747 99.621 2.335
201506 1.025 100.684 1.356
201509 1.627 100.392 2.158
201512 0.361 99.792 0.482
201603 0.133 100.470 0.176
201606 -0.461 101.688 -0.604
201609 0.887 101.861 1.160
201612 -0.513 101.863 -0.671
201703 0.539 102.862 0.698
201706 -0.311 103.349 -0.401
201709 0.574 104.136 0.734
201712 -0.616 104.011 -0.789
201803 1.572 105.290 1.988
201806 1.268 106.317 1.588
201809 1.780 106.507 2.225
201812 0.313 105.998 0.393
201903 1.961 107.251 2.435
201906 1.196 108.070 1.474
201909 1.896 108.329 2.331
201912 -0.128 108.420 -0.157
202003 2.835 108.902 3.466
202006 3.071 108.767 3.760
202009 0.837 109.815 1.015
202012 -0.205 109.897 -0.248
202103 3.418 111.754 4.073
202106 2.695 114.631 3.131
202109 4.570 115.734 5.258
202112 1.173 117.630 1.328
202203 4.143 121.301 4.548
202206 2.307 125.017 2.457
202209 3.183 125.227 3.385
202212 -0.823 125.222 -0.875
202303 1.870 127.348 1.955
202306 1.324 128.729 1.370
202309 1.569 129.860 1.609
202312 -0.980 129.419 -1.008
202403 2.195 131.776 2.218
202406 2.388 132.554 2.399
202409 2.216 133.029 2.218
202412 -1.693 133.157 -1.693

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


T. Rowe Price Group  (XTER:TR1) 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.

T. Rowe Price Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=78.41/6.51
=12.04

* 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 T. Rowe Price Group was 45.53. The lowest was 12.38. And the median was 24.63.


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.


T. Rowe Price Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of T. Rowe Price Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


T. Rowe Price Group Business Description

Address
100 East Pratt Street, Baltimore, MD, USA, 21202
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load us and international stock, hybrid, bond, and money market funds. At the end of October 2024, the firm had $1.607 trillion in managed assets, composed of equity (51%), balanced (34%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a us-based asset manager, deriving less than 10% of its AUM from overseas.

T. Rowe Price Group Headlines

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