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Jio Financial Services (NSE:JIOFIN) Cyclically Adjusted Price-to-FCF : 1,068.03 (As of Sep. 25, 2024)


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What is Jio Financial Services Cyclically Adjusted Price-to-FCF?

As of today (2024-09-25), Jio Financial Services's current share price is ₹352.45. Jio Financial Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹0.33. Jio Financial Services's Cyclically Adjusted Price-to-FCF for today is 1,068.03.

The historical rank and industry rank for Jio Financial Services's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NSE:JIOFIN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1043.64   Med: 1092.73   Max: 1156.82
Current: 1087.88

During the past 10 years, Jio Financial Services's highest Cyclically Adjusted Price-to-FCF was 1156.82. The lowest was 1043.64. And the median was 1092.73.

NSE:JIOFIN's Cyclically Adjusted Price-to-FCF is ranked worse than
99.21% of 505 companies
in the Asset Management industry
Industry Median: 19.57 vs NSE:JIOFIN: 1087.88

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.

Jio Financial Services's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹-1.068. 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 ₹0.33 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jio Financial Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jio Financial Services'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.

Jio Financial Services Cyclically Adjusted Price-to-FCF Chart

Jio Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1,086.35

Jio Financial Services Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1,086.35 -

Competitive Comparison of Jio Financial Services's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Jio Financial Services'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.


Jio Financial Services's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Jio Financial Services's Cyclically Adjusted Price-to-FCF falls into.



Jio Financial Services 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.

Jio Financial Services's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=352.45/0.33
=1,068.03

* 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.

Jio Financial Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Jio Financial Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=-1.068/153.0345*153.0345
=-1.068

Current CPI (Mar24) = 153.0345.

Jio Financial Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 -0.001 105.196 -0.001
201803 0.003 109.786 0.004
201903 0.000 118.202 0.000
202003 -0.058 124.705 -0.071
202103 0.038 131.771 0.044
202203 0.002 138.822 0.002
202303 3.234 146.865 3.370
202403 -1.068 153.035 -1.068

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.


Jio Financial Services  (NSE:JIOFIN) 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.


Jio Financial Services Cyclically Adjusted Price-to-FCF Related Terms

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


Jio Financial Services Business Description

Traded in Other Exchanges
Address
222 Nariman Point, 9th Floor, Maker Chambers 4, Mumbai, MH, IND, 400021
Jio Financial Services Ltd operates as an investment company. The Company is a registered Non-Banking Financial Company - Systemically Important Non-Deposit taking Company. The company is engaged in the business of finance, trading in futures and options, trading/investments in shares and securities in India.

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