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Brookfield (BSP:B1AM34) Cyclically Adjusted Price-to-FCF : 36.04 (As of May. 22, 2024)


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What is Brookfield Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Brookfield's current share price is R$57.31. Brookfield's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.59. Brookfield's Cyclically Adjusted Price-to-FCF for today is 36.04.

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

BSP:B1AM34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.62   Med: 33.93   Max: 344.47
Current: 34.55

During the past years, Brookfield's highest Cyclically Adjusted Price-to-FCF was 344.47. The lowest was 18.62. And the median was 33.93.

BSP:B1AM34's Cyclically Adjusted Price-to-FCF is ranked worse than
66.67% of 504 companies
in the Asset Management industry
Industry Median: 20.675 vs BSP:B1AM34: 34.55

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.

Brookfield's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$-2.083. 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 R$1.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Brookfield'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.

Brookfield Cyclically Adjusted Price-to-FCF Chart

Brookfield Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.58 29.21 36.38 20.20 27.18

Brookfield 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 20.64 22.22 20.12 27.18 32.36

Competitive Comparison of Brookfield's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Brookfield'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.


Brookfield's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Brookfield 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=57.31/1.59
=36.04

* 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.

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

For example, Brookfield'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)
=-2.083/126.2576*126.2576
=-2.083

Current CPI (Mar. 2024) = 126.2576.

Brookfield Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.183 99.473 0.232
201409 -0.028 99.394 -0.036
201412 0.517 98.367 0.664
201503 0.137 99.789 0.173
201506 0.212 100.500 0.266
201509 0.456 100.421 0.573
201512 0.220 99.947 0.278
201603 -0.052 101.054 -0.065
201606 0.312 102.002 0.386
201609 0.144 101.765 0.179
201612 0.514 101.449 0.640
201703 0.077 102.634 0.095
201706 0.419 103.029 0.513
201709 0.403 103.345 0.492
201712 0.373 103.345 0.456
201803 0.515 105.004 0.619
201806 0.338 105.557 0.404
201809 -0.028 105.636 -0.033
201812 1.187 105.399 1.422
201903 0.695 106.979 0.820
201906 0.099 107.690 0.116
201909 0.781 107.611 0.916
201912 0.628 107.769 0.736
202003 0.217 107.927 0.254
202006 0.890 108.401 1.037
202009 1.182 108.164 1.380
202012 1.429 108.559 1.662
202103 0.138 110.298 0.158
202106 0.222 111.720 0.251
202109 0.674 112.905 0.754
202112 -0.222 113.774 -0.246
202203 -0.855 117.646 -0.918
202206 1.146 120.806 1.198
202209 0.171 120.648 0.179
202212 0.794 120.964 0.829
202303 -0.356 122.702 -0.366
202306 -0.957 124.203 -0.973
202309 0.996 125.230 1.004
202312 -0.930 125.072 -0.939
202403 -2.083 126.258 -2.083

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.


Brookfield  (BSP:B1AM34) 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.


Brookfield Cyclically Adjusted Price-to-FCF Related Terms

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


Brookfield (BSP:B1AM34) Business Description

Address
181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Corp owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. The company generates the majority revenue through Private Equity. Located around the world, its assets are concentrated in the United States, and Canada.

Brookfield (BSP:B1AM34) Headlines

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