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Bang & Olufsen A/S (Bang & Olufsen A/S) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Bang & Olufsen A/S Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bang & Olufsen A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bang & Olufsen A/S'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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Bang & Olufsen A/S Cyclically Adjusted Price-to-FCF Chart

Bang & Olufsen A/S Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
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Bang & Olufsen A/S Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Bang & Olufsen A/S's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Bang & Olufsen A/S'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.


Bang & Olufsen A/S's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bang & Olufsen A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen A/S's Cyclically Adjusted Price-to-FCF falls into.



Bang & Olufsen A/S 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.

Bang & Olufsen A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Bang & Olufsen A/S's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.005/116.7000*116.7000
=0.005

Current CPI (Feb. 2024) = 116.7000.

Bang & Olufsen A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.032 99.700 -0.037
201408 -0.244 99.400 -0.286
201411 -0.043 99.600 -0.050
201502 0.020 99.800 0.023
201505 0.023 100.400 0.027
201508 -0.133 100.000 -0.155
201511 0.037 99.900 0.043
201602 -0.047 100.100 -0.055
201605 -0.037 100.500 -0.043
201608 -0.028 100.200 -0.033
201611 0.029 100.300 0.034
201702 0.103 101.100 0.119
201705 0.008 101.300 0.009
201708 -0.136 101.700 -0.156
201711 0.036 101.600 0.041
201802 0.030 101.700 0.034
201805 0.109 102.400 0.124
201808 -0.094 102.700 -0.107
201811 -0.071 102.400 -0.081
201902 -0.014 102.800 -0.016
201905 -0.066 103.100 -0.075
201908 -0.343 103.100 -0.388
201911 0.063 103.100 0.071
202002 0.061 103.600 0.069
202005 -0.171 103.100 -0.194
202008 -0.083 103.600 -0.093
202011 0.180 103.600 0.203
202102 0.010 104.200 0.011
202105 0.041 104.900 0.046
202108 0.028 105.500 0.031
202111 0.017 107.100 0.019
202202 -0.019 109.200 -0.020
202205 -0.226 112.700 -0.234
202208 -0.094 114.900 -0.095
202211 0.001 116.600 0.001
202302 0.041 117.500 0.041
202305 0.038 116.000 0.038
202308 -0.075 117.700 -0.074
202311 0.028 117.300 0.028
202402 0.005 116.700 0.005

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.


Bang & Olufsen A/S  (OTCPK:BGOUF) 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.


Bang & Olufsen A/S Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Bang & Olufsen A/S's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Bang & Olufsen A/S (Bang & Olufsen A/S) Business Description

Industry
Traded in Other Exchanges
Address
Bang og Olufsen Alle 1, Struer, DNK, DK-7600
Bang & Olufsen A/S designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from Europe, the Middle East, and Africa (EMEA) and also has a presence in the Americas and Asia. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

Bang & Olufsen A/S (Bang & Olufsen A/S) Headlines