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City of London Investment Trust (The) (LSE:CTY) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is City of London Investment Trust (The) Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


City of London Investment Trust (The) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for City of London Investment Trust (The)'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.

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City of London Investment Trust (The) Cyclically Adjusted Price-to-FCF Chart

City of London Investment Trust (The) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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City of London Investment Trust (The) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of City of London Investment Trust (The)'s Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, City of London Investment Trust (The)'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.


City of London Investment Trust (The)'s Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, City of London Investment Trust (The)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where City of London Investment Trust (The)'s Cyclically Adjusted Price-to-FCF falls into.



City of London Investment Trust (The) 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.

City of London Investment Trust (The)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, City of London Investment Trust (The)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0/129.4000*129.4000
=0.000

Current CPI (Jun23) = 129.4000.

City of London Investment Trust (The) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.135 99.800 0.175
201506 0.142 100.100 0.184
201606 0.000 101.000 0.000
201706 0.000 103.500 0.000
201806 0.000 105.900 0.000
201906 0.000 107.900 0.000
202006 0.000 108.800 0.000
202106 0.000 111.400 0.000
202206 0.000 120.500 0.000
202306 0.000 129.400 0.000

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.


City of London Investment Trust (The)  (LSE:CTY) 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.


City of London Investment Trust (The) Cyclically Adjusted Price-to-FCF Related Terms

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City of London Investment Trust (The) (LSE:CTY) Business Description

Traded in Other Exchanges
N/A
Address
201 Bishopsgate, London, GBR, EC2M 3AE
City of London Investment Trust (The) PLC is an investment trust which aims to provide long-term growth in income and capital through investments in equities listed on the London Stock Exchange. While the company mainly invests in equities, there is the flexibility to invest in debt securities, such as convertibles, corporate bonds, or government debt. It generates most of its revenue from investing in the UK market.

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