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Procter & Gamble Co (BSP:PGCO34) Cyclically Adjusted Price-to-FCF : 29.01 (As of Apr. 29, 2024)


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What is Procter & Gamble Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Procter & Gamble Co's current share price is R$58.90. Procter & Gamble Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$2.03. Procter & Gamble Co's Cyclically Adjusted Price-to-FCF for today is 29.01.

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

BSP:PGCO34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.15   Med: 23.65   Max: 33.42
Current: 28.57

During the past years, Procter & Gamble Co's highest Cyclically Adjusted Price-to-FCF was 33.42. The lowest was 18.15. And the median was 23.65.

BSP:PGCO34's Cyclically Adjusted Price-to-FCF is ranked worse than
59.43% of 705 companies
in the Consumer Packaged Goods industry
Industry Median: 23.72 vs BSP:PGCO34: 28.57

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.

Procter & Gamble Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$0.474. 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$2.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Procter & Gamble Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Procter & Gamble Co'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.

Procter & Gamble Co Cyclically Adjusted Price-to-FCF Chart

Procter & Gamble Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.43 28.32 28.97 27.51 27.81

Procter & Gamble Co 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 27.85 27.81 26.02 25.92 28.74

Competitive Comparison of Procter & Gamble Co's Cyclically Adjusted Price-to-FCF

For the Household & Personal Products subindustry, Procter & Gamble Co'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.


Procter & Gamble Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Co's Cyclically Adjusted Price-to-FCF falls into.



Procter & Gamble Co 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.

Procter & Gamble Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=58.90/2.03
=29.01

* 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.

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

For example, Procter & Gamble Co'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)
=0.474/129.4194*129.4194
=0.474

Current CPI (Mar. 2024) = 129.4194.

Procter & Gamble Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.180 100.560 0.232
201409 0.163 100.428 0.210
201412 0.170 99.070 0.222
201503 0.213 99.621 0.277
201506 0.210 100.684 0.270
201509 0.292 100.392 0.376
201512 0.367 99.792 0.476
201603 0.231 100.470 0.298
201606 0.248 101.688 0.316
201609 0.193 101.861 0.245
201612 0.197 101.863 0.250
201703 0.185 102.862 0.233
201706 0.221 103.349 0.277
201709 0.208 104.136 0.259
201712 0.257 104.011 0.320
201803 0.216 105.290 0.266
201806 0.338 106.317 0.411
201809 0.279 106.507 0.339
201812 0.350 105.998 0.427
201903 0.288 107.251 0.348
201906 0.366 108.070 0.438
201909 0.343 108.329 0.410
201912 0.419 108.420 0.500
202003 0.445 108.902 0.529
202006 0.588 108.767 0.700
202009 0.571 109.815 0.673
202012 0.682 109.897 0.803
202103 0.533 111.754 0.617
202106 0.476 114.631 0.537
202109 0.523 115.734 0.585
202112 0.714 117.630 0.786
202203 0.351 121.301 0.374
202206 0.432 125.017 0.447
202209 0.476 125.227 0.492
202212 0.433 125.222 0.448
202303 0.471 127.348 0.479
202306 0.645 128.729 0.648
202309 0.567 129.860 0.565
202312 0.607 129.419 0.607
202403 0.474 129.419 0.474

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.


Procter & Gamble Co  (BSP:PGCO34) 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.


Procter & Gamble Co Cyclically Adjusted Price-to-FCF Related Terms

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Procter & Gamble Co (BSP:PGCO34) Business Description

Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.

Procter & Gamble Co (BSP:PGCO34) Headlines

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