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Perpetual Equity Investment Co (ASX:PIC) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is Perpetual Equity Investment Co Cyclically Adjusted Price-to-FCF?

Perpetual Equity Investment Co does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perpetual Equity Investment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Perpetual Equity Investment Co'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.

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Perpetual Equity Investment Co Cyclically Adjusted Price-to-FCF Chart

Perpetual Equity Investment Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Perpetual Equity Investment Co Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Perpetual Equity Investment Co's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Perpetual Equity Investment Co'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.


Perpetual Equity Investment Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Perpetual Equity Investment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Perpetual Equity Investment Co's Cyclically Adjusted Price-to-FCF falls into.



Perpetual Equity Investment Co 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.

Perpetual Equity Investment Co does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.


Perpetual Equity Investment Co  (ASX:PIC) 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.


Perpetual Equity Investment Co Cyclically Adjusted Price-to-FCF Related Terms

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Perpetual Equity Investment Co (ASX:PIC) Business Description

Traded in Other Exchanges
N/A
Address
123 Pitt Street, Level 18, Sydney, NSW, AUS, 2000
Perpetual Equity Investment Co Ltd is an investment management company. It engages in the provision of investors access to a portfolio of predominantly Australian and global listed securities. The company's investment objective is to provide investors with a growing income stream and long-term capital growth in excess of its Benchmark over a minimum of 5 year investment periods. The company has one operating segment with only one key function, being the investment of funds predominantly in Australia together with opportunistic investments globally.

Perpetual Equity Investment Co (ASX:PIC) Headlines