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Blackrock New York Muniome Tr II (Blackrock New York Muniome Tr II) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Blackrock New York Muniome Tr II Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackrock New York Muniome Tr II Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Blackrock New York Muniome Tr II'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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Blackrock New York Muniome Tr II Cyclically Adjusted Price-to-FCF Chart

Blackrock New York Muniome Tr II Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Cyclically Adjusted Price-to-FCF
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Blackrock New York Muniome Tr II Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20
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Competitive Comparison of Blackrock New York Muniome Tr II's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Blackrock New York Muniome Tr II'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.


Blackrock New York Muniome Tr II's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock New York Muniome Tr II's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Blackrock New York Muniome Tr II's Cyclically Adjusted Price-to-FCF falls into.



Blackrock New York Muniome Tr II 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.

Blackrock New York Muniome Tr II's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug20 is calculated as:

For example, Blackrock New York Muniome Tr II's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug20 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug20 (Change)*Current CPI (Aug20)
=-0.334/109.6622*109.6622
=-0.334

Current CPI (Aug20) = 109.6622.

Blackrock New York Muniome Tr II Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201108 0.000 95.582 0.000
201208 -0.476 97.199 -0.537
201308 1.315 98.675 1.461
201408 0.727 100.352 0.794
201508 0.804 100.548 0.877
201608 0.387 101.617 0.418
201708 0.871 103.587 0.922
201808 0.716 106.383 0.738
201908 0.477 108.245 0.483
202008 -0.334 109.662 -0.334

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.


Blackrock New York Muniome Tr II  (AMEX:BFY) 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.


Blackrock New York Muniome Tr II Cyclically Adjusted Price-to-FCF Related Terms

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Blackrock New York Muniome Tr II (Blackrock New York Muniome Tr II) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock New York Muni Income Tr II is close-ended asset management firm launched by BlackRock Inc. Its investment objective is to provide current income exempt from regular U.S. federal income tax and New York State and New York City personal income taxes. The company provides a range of investment and risk management services to corporate and retail clients across the globe.
Executives
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock New York Muniome Tr II (Blackrock New York Muniome Tr II) Headlines

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