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JPMorgan Global Growth &ome (LSE:JGGI) Cyclically Adjusted Price-to-FCF : 142.00 (As of Jun. 18, 2024)


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What is JPMorgan Global Growth &ome Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), JPMorgan Global Growth &ome's current share price is £5.68. JPMorgan Global Growth &ome's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was £0.04. JPMorgan Global Growth &ome's Cyclically Adjusted Price-to-FCF for today is 142.00.

The historical rank and industry rank for JPMorgan Global Growth &ome's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:JGGI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 114   Med: 194   Max: 366
Current: 145.69

During the past 13 years, JPMorgan Global Growth &ome's highest Cyclically Adjusted Price-to-FCF was 366.00. The lowest was 114.00. And the median was 194.00.

LSE:JGGI's Cyclically Adjusted Price-to-FCF is ranked worse than
90.5% of 505 companies
in the Asset Management industry
Industry Median: 20 vs LSE:JGGI: 145.69

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.

JPMorgan Global Growth &ome's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was £0.082. 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 £0.04 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan Global Growth &ome Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JPMorgan Global Growth &ome'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.

JPMorgan Global Growth &ome Cyclically Adjusted Price-to-FCF Chart

JPMorgan Global Growth &ome Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 223.15 199.53 150.31 125.97 119.32

JPMorgan Global Growth &ome Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 125.97 - 119.32 -

Competitive Comparison of JPMorgan Global Growth &ome's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, JPMorgan Global Growth &ome'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.


JPMorgan Global Growth &ome's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Global Growth &ome's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where JPMorgan Global Growth &ome's Cyclically Adjusted Price-to-FCF falls into.



JPMorgan Global Growth &ome 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.

JPMorgan Global Growth &ome's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.68/0.04
=142.00

* 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.

JPMorgan Global Growth &ome's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, JPMorgan Global Growth &ome'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)
=0.082/129.4000*129.4000
=0.082

Current CPI (Jun23) = 129.4000.

JPMorgan Global Growth &ome Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.019 99.800 0.025
201506 0.014 100.100 0.018
201606 0.000 101.000 0.000
201706 0.034 103.500 0.043
201806 0.036 105.900 0.044
201906 0.040 107.900 0.048
202006 0.031 108.800 0.037
202106 0.032 111.400 0.037
202206 0.017 120.500 0.018
202306 0.082 129.400 0.082

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.


JPMorgan Global Growth &ome  (LSE:JGGI) 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.


JPMorgan Global Growth &ome Cyclically Adjusted Price-to-FCF Related Terms

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


JPMorgan Global Growth &ome (LSE:JGGI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Global Growth & Income PLC is an investment trust company. Its main objective is to gain capital growth from world stock markets. The company seeks to manage risk and invests in a diversified portfolio of companies. It focuses on building a high conviction portfolio of typically 50-90 stocks and it adopts bottom-up stock selection instead of geographical or sector allocation. It uses borrowing to gear the portfolio within a range of 5% cash to 20% geared under normal market conditions. The company evaluates its performance against the MSCI All Countries World Index in sterling terms. It holds a diversified portfolio of various sectors including Consumer Discretionary, Financials, Health Care, Information Technology, Industrials, and others.

JPMorgan Global Growth &ome (LSE:JGGI) Headlines

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