GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rugby Estates PLC (LSE:RES) » Definitions » Cyclically Adjusted Price-to-FCF

Rugby Estates (LSE:RES) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


View and export this data going back to . Start your Free Trial

What is Rugby Estates Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rugby Estates Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rugby Estates'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.

Rugby Estates Cyclically Adjusted Price-to-FCF Chart

Rugby Estates Annual Data
Trend Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Rugby Estates Semi-Annual Data
Jul03 Jan04 Jul04 Jan05 Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12
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 - - - - -

Competitive Comparison of Rugby Estates's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Rugby Estates'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.


Rugby Estates's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rugby Estates's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rugby Estates 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.

Rugby Estates's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jan12 is calculated as:

For example, Rugby Estates's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jan12 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan12 (Change)*Current CPI (Jan12)
=2.085/94.7000*94.7000
=2.085

Current CPI (Jan12) = 94.7000.

Rugby Estates Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200301 65.463 75.900 81.678
200401 23.323 77.000 28.684
200501 0.958 78.300 1.159
200601 -6.063 80.000 -7.177
200701 5.528 82.100 6.376
200801 -19.353 84.100 -21.792
200901 12.835 86.600 14.036
201001 9.241 88.800 9.855
201101 28.830 91.800 29.741
201201 2.085 94.700 2.085

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.


Rugby Estates  (LSE:RES) 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.


Rugby Estates Cyclically Adjusted Price-to-FCF Related Terms

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


Rugby Estates (LSE:RES) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rugby Estates PLC carries on the business of property trading, management and investment within the United Kingdom. It operates in two principal business segments. Rugby Capital deals with its property trading and development activities including the group's directly-owned portfolio and collaborative ventures substantially involving the group's equity. Rugby Asset Management deals with its co-investment and asset management activities. The Company operates within the United Kingdom.