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The Travelers (BUE:TRVV) Cyclically Adjusted Price-to-FCF : 9.48 (As of May. 14, 2024)


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What is The Travelers Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), The Travelers's current share price is ARS39740.00. The Travelers's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS4,191.01. The Travelers's Cyclically Adjusted Price-to-FCF for today is 9.48.

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

BUE:TRVV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7   Med: 11.22   Max: 14.88
Current: 9.09

During the past years, The Travelers's highest Cyclically Adjusted Price-to-FCF was 14.88. The lowest was 7.00. And the median was 11.22.

BUE:TRVV's Cyclically Adjusted Price-to-FCF is ranked better than
58.59% of 326 companies
in the Insurance industry
Industry Median: 11.16 vs BUE:TRVV: 9.09

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.

The Travelers's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS1,747.244. 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 ARS4,191.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Travelers Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Travelers'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.

The Travelers Cyclically Adjusted Price-to-FCF Chart

The Travelers 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 10.86 9.62 8.71 9.03 8.12

The Travelers 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 8.02 7.88 7.11 8.12 9.66

Competitive Comparison of The Travelers's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, The Travelers'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.


The Travelers's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



The Travelers 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39740.00/4191.01
=9.48

* 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.

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

For example, The Travelers'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)
=1747.244/129.4194*129.4194
=1,747.244

Current CPI (Mar. 2024) = 129.4194.

The Travelers Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.834 100.560 6.221
201409 15.084 100.428 19.438
201412 4.482 99.070 5.855
201503 1.785 99.621 2.319
201506 6.374 100.684 8.193
201509 17.948 100.392 23.138
201512 10.731 99.792 13.917
201603 13.751 100.470 17.713
201606 6.961 101.688 8.859
201609 30.065 101.861 38.199
201612 25.972 101.863 32.998
201703 15.277 102.862 19.221
201706 17.606 103.349 22.047
201709 36.189 104.136 44.976
201712 15.159 104.011 18.862
201803 13.449 105.290 16.531
201806 34.730 106.317 42.277
201809 78.454 106.507 95.332
201812 44.361 105.998 54.163
201903 31.129 107.251 37.563
201906 64.467 108.070 77.203
201909 141.060 108.329 168.522
201912 107.537 108.420 128.365
202003 50.267 108.902 59.738
202006 149.415 108.767 177.785
202009 224.086 109.815 264.091
202012 200.283 109.897 235.862
202103 139.215 111.754 161.221
202106 228.374 114.631 257.835
202109 328.093 115.734 366.889
202112 229.223 117.630 252.198
202203 184.070 121.301 196.389
202206 226.461 125.017 234.436
202209 478.773 125.227 494.804
202212 313.997 125.222 324.523
202303 281.458 127.348 286.037
202306 534.091 128.729 536.957
202309 1,522.124 129.860 1,516.965
202312 1,083.656 129.419 1,083.656
202403 1,747.244 129.419 1,747.244

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.


The Travelers  (BUE:TRVV) 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.


The Travelers Cyclically Adjusted Price-to-FCF Related Terms

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


The Travelers (BUE:TRVV) Business Description

Address
485 Lexington Avenue, New York, NY, USA, 10017
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.

The Travelers (BUE:TRVV) Headlines

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