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IRB Brasil Resseguros (BSP:IRBR3) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is IRB Brasil Resseguros Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


IRB Brasil Resseguros Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for IRB Brasil Resseguros'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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IRB Brasil Resseguros Cyclically Adjusted Price-to-FCF Chart

IRB Brasil Resseguros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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IRB Brasil Resseguros Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of IRB Brasil Resseguros's Cyclically Adjusted Price-to-FCF

For the Insurance - Reinsurance subindustry, IRB Brasil Resseguros'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.


IRB Brasil Resseguros's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, IRB Brasil Resseguros's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



IRB Brasil Resseguros 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.

IRB Brasil Resseguros's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, IRB Brasil Resseguros's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.918/156.2729*156.2729
=4.918

Current CPI (Dec23) = 156.2729.

IRB Brasil Resseguros Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 24.395 94.194 40.473
201512 9.745 104.247 14.608
201612 2.877 110.802 4.058
201712 -7.599 114.068 -10.411
201812 -14.446 118.340 -19.076
201912 24.328 123.436 30.800
202012 -30.669 129.012 -37.149
202112 -3.773 141.992 -4.152
202212 -30.978 150.207 -32.229
202312 4.918 156.273 4.918

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.


IRB Brasil Resseguros  (BSP:IRBR3) 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.


IRB Brasil Resseguros Cyclically Adjusted Price-to-FCF Related Terms

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IRB Brasil Resseguros (BSP:IRBR3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Marechal Camara, 171-Castelo, Rio de Janeiro, RJ, BRA, 20020901
IRB Brasil Resseguros SA is a Brazil-based company provides reinsurance solutions. It offers reinsurance solutions for aviation, engineering, surety, financial, oil and gas, property, casualty, agricultural, cargo and marine, life and pension, and miscellaneous. The group offers solutions in both Brazil and international regions.

IRB Brasil Resseguros (BSP:IRBR3) Headlines

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