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Panasonic Holdings (BUE:PCRFY) Cyclically Adjusted Price-to-FCF : 34.15 (As of Jun. 21, 2024)


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What is Panasonic Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-21), Panasonic Holdings's current share price is ARS4.44. Panasonic Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS0.13. Panasonic Holdings's Cyclically Adjusted Price-to-FCF for today is 34.15.

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

BUE:PCRFY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.04   Med: 99.66   Max: 1323.87
Current: 31.63

During the past years, Panasonic Holdings's highest Cyclically Adjusted Price-to-FCF was 1323.87. The lowest was 21.04. And the median was 99.66.

BUE:PCRFY's Cyclically Adjusted Price-to-FCF is ranked worse than
51.91% of 967 companies
in the Hardware industry
Industry Median: 30.26 vs BUE:PCRFY: 31.63

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.

Panasonic Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS787.987. 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 ARS0.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Panasonic Holdings'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.

Panasonic Holdings Cyclically Adjusted Price-to-FCF Chart

Panasonic Holdings 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 79.65 84.73 31.42 26.46 35.13

Panasonic Holdings 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 26.46 37.67 35.49 33.16 35.13

Competitive Comparison of Panasonic Holdings's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Panasonic Holdings'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.


Panasonic Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Panasonic Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.44/0.13
=34.15

* 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.

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

For example, Panasonic Holdings'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)
=787.987/107.2000*107.2000
=787.987

Current CPI (Mar. 2024) = 107.2000.

Panasonic Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5.273 98.000 5.768
201409 -0.778 98.500 -0.847
201412 9.167 97.900 10.038
201503 3.444 97.900 3.771
201506 1.925 98.400 2.097
201509 -1.572 98.500 -1.711
201512 3.827 98.100 4.182
201603 8.939 97.900 9.788
201606 -5.968 98.100 -6.522
201609 -9.309 98.000 -10.183
201612 0.920 98.400 1.002
201703 18.990 98.100 20.752
201706 -6.507 98.500 -7.082
201709 -6.881 98.800 -7.466
201712 2.651 99.400 2.859
201803 5.064 99.200 5.472
201806 -14.996 99.200 -16.205
201809 -26.174 99.900 -28.087
201812 -12.566 99.700 -13.511
201903 5.642 99.700 6.066
201906 5.496 99.800 5.904
201909 -21.629 100.100 -23.163
201912 32.396 100.500 34.556
202003 24.218 100.300 25.884
202006 -87.230 99.900 -93.604
202009 68.072 99.900 73.046
202012 133.649 99.300 144.282
202103 39.435 99.900 42.317
202106 41.298 99.500 44.494
202109 -116.117 100.100 -124.353
202112 -9.753 100.100 -10.445
202203 49.932 101.100 52.945
202206 36.654 101.800 38.598
202209 4.580 103.100 4.762
202212 11.821 104.100 12.173
202303 109.641 104.400 112.582
202306 135.502 105.200 138.078
202309 43.010 106.200 43.415
202312 88.997 106.800 89.330
202403 787.987 107.200 787.987

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.


Panasonic Holdings  (BUE:PCRFY) 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.


Panasonic Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Panasonic Holdings (BUE:PCRFY) Business Description

Industry
Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.