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American Express Co (NEOE:AXP) Cyclically Adjusted Price-to-FCF : 17.56 (As of Jun. 05, 2025)


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What is American Express Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), American Express Co's current share price is C$25.82. American Express Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was C$1.47. American Express Co's Cyclically Adjusted Price-to-FCF for today is 17.56.

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

NEOE:AXP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.34   Med: 12.5   Max: 19.73
Current: 17.54

During the past years, American Express Co's highest Cyclically Adjusted Price-to-FCF was 19.73. The lowest was 7.34. And the median was 12.50.

NEOE:AXP's Cyclically Adjusted Price-to-FCF is ranked worse than
68.18% of 110 companies
in the Credit Services industry
Industry Median: 8.63 vs NEOE:AXP: 17.54

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.

American Express Co's adjusted free cash flow per share data for the three months ended in Mar. 2025 was C$0.576. 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 C$1.47 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Express Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Express Co'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.

American Express Co Cyclically Adjusted Price-to-FCF Chart

American Express Co 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 12.83 15.03 10.94 12.18 18.22

American Express Co 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 14.24 14.05 17.18 18.22 15.94

Competitive Comparison of American Express Co's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, American Express Co'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.


American Express Co's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, American Express Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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American Express Co 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.

American Express Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.82/1.47
=17.56

* 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.

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

For example, American Express Co'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)
=0.576/134.9266*134.9266
=0.576

Current CPI (Mar. 2025) = 134.9266.

American Express Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.145 100.684 0.194
201509 0.281 100.392 0.378
201512 0.220 99.792 0.297
201603 0.199 100.470 0.267
201606 0.029 101.688 0.038
201609 0.132 101.861 0.175
201612 0.279 101.863 0.370
201703 0.085 102.862 0.111
201706 0.277 103.349 0.362
201709 0.364 104.136 0.472
201712 0.450 104.011 0.584
201803 0.178 105.290 0.228
201806 0.271 106.317 0.344
201809 0.468 106.507 0.593
201812 -0.173 105.998 -0.220
201903 0.845 107.251 1.063
201906 0.252 108.070 0.315
201909 -0.147 108.329 -0.183
201912 0.290 108.420 0.361
202003 -0.287 108.902 -0.356
202006 0.194 108.767 0.241
202009 0.195 109.815 0.240
202012 0.316 109.897 0.388
202103 0.199 111.754 0.240
202106 0.283 114.631 0.333
202109 0.391 115.734 0.456
202112 0.491 117.630 0.563
202203 0.373 121.301 0.415
202206 0.421 125.017 0.454
202209 0.470 125.227 0.506
202212 0.933 125.222 1.005
202303 -0.088 127.348 -0.093
202306 0.413 128.729 0.433
202309 0.941 129.860 0.978
202312 0.761 129.419 0.793
202403 0.628 131.776 0.643
202406 0.493 132.554 0.502
202409 -0.281 133.029 -0.285
202412 0.695 133.157 0.704
202503 0.576 134.927 0.576

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.


American Express Co  (NEOE:AXP) 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.


American Express Co Cyclically Adjusted Price-to-FCF Related Terms

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


American Express Co Business Description

Address
200 Vesey Street, New York, NY, USA, 10285
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.