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Protector Forsikring ASA (FRA:PR4) Cyclically Adjusted Price-to-FCF : 58.57 (As of May. 22, 2024)


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What is Protector Forsikring ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Protector Forsikring ASA's current share price is €20.50. Protector Forsikring ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.35. Protector Forsikring ASA's Cyclically Adjusted Price-to-FCF for today is 58.57.

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

FRA:PR4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.62   Med: 26.93   Max: 67.56
Current: 56.87

During the past years, Protector Forsikring ASA's highest Cyclically Adjusted Price-to-FCF was 67.56. The lowest was 5.62. And the median was 26.93.

FRA:PR4's Cyclically Adjusted Price-to-FCF is ranked worse than
95.21% of 313 companies
in the Insurance industry
Industry Median: 11.43 vs FRA:PR4: 56.87

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.

Protector Forsikring ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.669. 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 €0.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Protector Forsikring ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Protector Forsikring ASA'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.

Protector Forsikring ASA Cyclically Adjusted Price-to-FCF Chart

Protector Forsikring ASA 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 13.71 19.01 25.66 28.67 53.57

Protector Forsikring ASA 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 26.94 43.00 43.10 53.57 55.17

Competitive Comparison of Protector Forsikring ASA's Cyclically Adjusted Price-to-FCF

For the Insurance - Specialty subindustry, Protector Forsikring ASA'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.


Protector Forsikring ASA's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



Protector Forsikring ASA 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.

Protector Forsikring ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.50/0.35
=58.57

* 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.

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

For example, Protector Forsikring ASA'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)
=0.669/132.6000*132.6000
=0.669

Current CPI (Mar. 2024) = 132.6000.

Protector Forsikring ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.154 97.500 0.209
201409 -0.212 98.500 -0.285
201412 0.701 98.600 0.943
201503 -0.447 99.200 -0.598
201506 -0.108 100.100 -0.143
201509 0.028 100.600 0.037
201512 -0.066 100.900 -0.087
201603 -0.097 102.500 -0.125
201606 0.090 103.800 0.115
201609 -0.428 104.200 -0.545
201612 0.814 104.400 1.034
201703 -0.939 105.000 -1.186
201706 0.029 105.800 0.036
201709 -0.173 105.900 -0.217
201712 0.222 106.100 0.277
201803 -0.253 107.300 -0.313
201806 0.480 108.500 0.587
201809 -0.036 109.500 -0.044
201812 0.558 109.800 0.674
201903 0.401 110.400 0.482
201906 0.186 110.600 0.223
201909 0.805 111.100 0.961
201912 0.269 111.300 0.320
202003 0.516 111.200 0.615
202006 -0.694 112.100 -0.821
202009 -0.090 112.900 -0.106
202012 0.178 112.900 0.209
202103 0.072 114.600 0.083
202106 1.317 115.300 1.515
202109 -0.522 117.500 -0.589
202112 0.232 118.900 0.259
202203 0.250 119.800 0.277
202206 0.357 122.600 0.386
202209 0.744 125.600 0.785
202212 -1.513 125.900 -1.594
202303 1.377 127.600 1.431
202306 -1.073 130.400 -1.091
202309 0.176 129.800 0.180
202312 -0.503 131.900 -0.506
202403 0.669 132.600 0.669

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.


Protector Forsikring ASA  (FRA:PR4) 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.


Protector Forsikring ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Protector Forsikring ASA (FRA:PR4) Business Description

Traded in Other Exchanges
Address
Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113
Protector Forsikring ASA provides a wide range of insurance products to companies and public organizations, primarily in Norway, Sweden, and Denmark. Protector's products include workers' compensation, group life, accident, health, property, motor, liability, cargo, and change of ownership insurance. Insurance premiums provide nearly all of the company's revenue. Protector's commercial business provides insurance for more than 5,000 companies, most of which have annual insurance premiums between NOK 100,000 and NOK 3 million. The public business provides coverage to more than 500 municipalities and 30 countries.

Protector Forsikring ASA (FRA:PR4) Headlines

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