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Alphabet (CHIX:ABEAD) Cyclically Adjusted Price-to-FCF : 43.33 (As of May. 17, 2025)


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What is Alphabet Cyclically Adjusted Price-to-FCF?

As of today (2025-05-17), Alphabet's current share price is €150.36. Alphabet's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €3.47. Alphabet's Cyclically Adjusted Price-to-FCF for today is 43.33.

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

CHIX:ABEAd' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.85   Med: 49.55   Max: 77.84
Current: 43.37

During the past years, Alphabet's highest Cyclically Adjusted Price-to-FCF was 77.84. The lowest was 33.85. And the median was 49.55.

CHIX:ABEAd's Cyclically Adjusted Price-to-FCF is ranked worse than
73.05% of 141 companies
in the Interactive Media industry
Industry Median: 23.26 vs CHIX:ABEAd: 43.37

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.

Alphabet's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €1.439. 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 €3.47 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alphabet Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alphabet'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.

Alphabet Cyclically Adjusted Price-to-FCF Chart

Alphabet Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.44 68.23 34.14 44.88 51.66

Alphabet Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 46.08 53.99 47.48 51.66 40.36

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

For the Internet Content & Information subindustry, Alphabet'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.


Alphabet's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Alphabet's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Alphabet 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=150.36/3.47
=43.33

* 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.

Alphabet's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Alphabet's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.439/134.9266*134.9266
=1.439

Current CPI (Mar. 2025) = 134.9266.

Alphabet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.295 100.684 0.395
201509 0.240 100.392 0.323
201512 0.297 99.792 0.402
201603 0.335 100.470 0.450
201606 0.446 101.688 0.592
201609 0.465 101.861 0.616
201612 0.429 101.863 0.568
201703 0.469 102.862 0.615
201706 0.289 103.349 0.377
201709 0.378 104.136 0.490
201712 0.357 104.011 0.463
201803 0.250 105.290 0.320
201806 0.283 106.317 0.359
201809 0.483 106.507 0.612
201812 0.370 105.998 0.471
201903 0.465 107.251 0.585
201906 0.411 108.070 0.513
201909 0.568 108.329 0.707
201912 0.542 108.420 0.675
202003 0.356 108.902 0.441
202006 0.556 108.767 0.690
202009 0.718 109.815 0.882
202012 1.035 109.897 1.271
202103 0.822 111.754 0.992
202106 1.001 114.631 1.178
202109 1.176 115.734 1.371
202112 1.221 117.630 1.401
202203 1.042 121.301 1.159
202206 0.840 125.017 0.907
202209 1.237 125.227 1.333
202212 1.171 125.222 1.262
202303 1.173 127.348 1.243
202306 1.575 128.729 1.651
202309 1.668 129.860 1.733
202312 0.574 129.419 0.598
202403 1.156 131.776 1.184
202406 1.000 132.554 1.018
202409 1.280 133.029 1.298
202412 1.921 133.157 1.947
202503 1.439 134.927 1.439

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.


Alphabet  (CHIX:ABEAd) 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.


Alphabet Cyclically Adjusted Price-to-FCF Related Terms

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


Alphabet Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

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