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Bharti Airtel (BOM:532454) Cyclically Adjusted Price-to-FCF : 574.92 (As of Jun. 10, 2024)


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What is Bharti Airtel Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Bharti Airtel's current share price is ₹1425.80. Bharti Airtel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₹2.48. Bharti Airtel's Cyclically Adjusted Price-to-FCF for today is 574.92.

The historical rank and industry rank for Bharti Airtel's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:532454' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 206.89   Med: 482.01   Max: 866.81
Current: 574.93

During the past years, Bharti Airtel's highest Cyclically Adjusted Price-to-FCF was 866.81. The lowest was 206.89. And the median was 482.01.

BOM:532454's Cyclically Adjusted Price-to-FCF is ranked worse than
98.95% of 191 companies
in the Telecommunication Services industry
Industry Median: 12.99 vs BOM:532454: 574.93

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.

Bharti Airtel's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₹0.219. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₹2.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bharti Airtel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bharti Airtel'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.

* Premium members only.

Bharti Airtel Cyclically Adjusted Price-to-FCF Chart

Bharti Airtel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 495.60

Bharti Airtel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - 812.21 - 406.17 495.60

Competitive Comparison of Bharti Airtel's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Bharti Airtel'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.


Bharti Airtel's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bharti Airtel 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.

Bharti Airtel's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1425.80/2.48
=574.92

* 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.

Bharti Airtel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bharti Airtel's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.219/153.0345*153.0345
=0.219

Current CPI (Mar. 2024) = 153.0345.

Bharti Airtel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 11.423 94.103 18.577
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 0.000 97.163 0.000
201506 -6.542 99.841 -10.028
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.439 105.961 0.634
201609 2.016 105.961 2.912
201612 -20.033 105.196 -29.143
201703 -4.093 105.196 -5.954
201706 19.746 107.109 28.213
201709 -2.180 109.021 -3.060
201712 -3.579 109.404 -5.006
201803 -4.879 109.786 -6.801
201806 -8.123 111.317 -11.167
201809 -12.962 115.142 -17.228
201812 -1.477 115.142 -1.963
201903 0.575 118.202 0.744
201906 5.271 120.880 6.673
201909 5.745 123.175 7.138
201912 10.718 126.235 12.993
202003 -23.751 124.705 -29.147
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 0.000 131.771 0.000
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 18.612 142.347 20.009
202209 -20.711 144.661 -21.910
202212 16.305 145.763 17.118
202303 13.733 146.865 14.310
202306 18.089 150.280 18.421
202309 -9.360 151.492 -9.455
202312 19.001 152.924 19.015
202403 0.219 153.035 0.219

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.


Bharti Airtel  (BOM:532454) 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.


Bharti Airtel Cyclically Adjusted Price-to-FCF Related Terms

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Bharti Airtel (BOM:532454) Business Description

Traded in Other Exchanges
Address
1, Nelson Mandela Road, Bharti Crescent, Phase II, Vasant Kunj, New Delhi, IND, 110 070
Bharti Airtel Ltd is a telecommunications company. The company's segment includes Mobile Services India; Mobile Services Africa; Mobile Services South Asia; Airtel Business; Tower Infrastructure Services; Homes Services; Digital TV Services and others. It generates maximum revenue from the Mobile Services India segment. Mobile Services India services cover voice and data telecom services provided through wireless technology (2G / 3G / 4G) in India. It includes the captive national long distance networks which primarily provide connectivity to the mobile services business in India. It also includes intra-city fibre networks.

Bharti Airtel (BOM:532454) Headlines

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