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Per Aarsleff Holding AS (OCSE:PAAL B) Cyclically Adjusted Price-to-FCF : 34.67 (As of Jul. 08, 2025)


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What is Per Aarsleff Holding AS Cyclically Adjusted Price-to-FCF?

As of today (2025-07-08), Per Aarsleff Holding AS's current share price is kr657.00. Per Aarsleff Holding AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was kr18.95. Per Aarsleff Holding AS's Cyclically Adjusted Price-to-FCF for today is 34.67.

The historical rank and industry rank for Per Aarsleff Holding AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OCSE:PAAL B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.6   Med: 34.03   Max: 98.49
Current: 33.83

During the past years, Per Aarsleff Holding AS's highest Cyclically Adjusted Price-to-FCF was 98.49. The lowest was 17.60. And the median was 34.03.

OCSE:PAAL B's Cyclically Adjusted Price-to-FCF is ranked worse than
73.15% of 607 companies
in the Construction industry
Industry Median: 18.53 vs OCSE:PAAL B: 33.83

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.

Per Aarsleff Holding AS's adjusted free cash flow per share data for the three months ended in Mar. 2025 was kr31.660. 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 kr18.95 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Per Aarsleff Holding AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Per Aarsleff Holding AS'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.

Per Aarsleff Holding AS Cyclically Adjusted Price-to-FCF Chart

Per Aarsleff Holding AS Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.72 29.77 25.31 37.39 29.51

Per Aarsleff Holding AS 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 24.54 26.33 29.51 30.03 25.75

Competitive Comparison of Per Aarsleff Holding AS's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Per Aarsleff Holding AS'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.


Per Aarsleff Holding AS's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Per Aarsleff Holding AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Per Aarsleff Holding AS's Cyclically Adjusted Price-to-FCF falls into.


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Per Aarsleff Holding AS 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.

Per Aarsleff Holding AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=657.00/18.95
=34.67

* 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.

Per Aarsleff Holding AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Per Aarsleff Holding AS'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)
=31.66/120.2000*120.2000
=31.660

Current CPI (Mar. 2025) = 120.2000.

Per Aarsleff Holding AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.578 100.300 -0.693
201509 2.848 100.200 3.416
201512 0.717 99.800 0.864
201603 -5.347 100.200 -6.414
201606 -6.086 100.600 -7.272
201609 -3.253 100.200 -3.902
201612 -6.836 100.300 -8.192
201703 13.293 101.200 15.789
201706 -13.845 101.200 -16.444
201709 3.670 101.800 4.333
201712 5.419 101.300 6.430
201803 3.063 101.700 3.620
201806 -3.457 102.300 -4.062
201809 9.149 102.400 10.739
201812 18.233 102.100 21.465
201903 5.720 102.900 6.682
201906 0.377 102.900 0.440
201909 -1.433 102.900 -1.674
201912 15.828 102.900 18.489
202003 37.426 103.300 43.549
202006 11.768 103.200 13.707
202009 -9.446 103.500 -10.970
202012 -0.737 103.400 -0.857
202103 -4.172 104.300 -4.808
202106 -7.694 105.000 -8.808
202109 -0.935 105.800 -1.062
202112 -10.231 106.600 -11.536
202203 0.511 109.900 0.559
202206 -21.688 113.600 -22.948
202209 12.653 116.400 13.066
202212 -7.792 115.900 -8.081
202303 24.633 117.300 25.242
202306 -14.411 116.400 -14.881
202309 7.392 117.400 7.568
202312 52.262 116.700 53.829
202403 10.278 118.400 10.434
202406 2.605 118.500 2.642
202409 -7.426 118.900 -7.507
202412 34.691 118.900 35.070
202503 31.660 120.200 31.660

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.


Per Aarsleff Holding AS  (OCSE:PAAL B) 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.


Per Aarsleff Holding AS Cyclically Adjusted Price-to-FCF Related Terms

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


Per Aarsleff Holding AS Business Description

Traded in Other Exchanges
Address
Hasselager Alle 5, Viby J, DNK, 8260
Per Aarsleff Holding AS contracts, plans and implements projects in infrastructure, climate change adaptation, environment, energy, construction, and collaboration. It has Construction, Pipe technologies, Technical Solution, Rail, and Ground engineering segments. Construction segment consists construction, shell structures, building construction and international projects. Pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. Ground engineering segment comprises ground engineering, pile factories, and engineering, Rail segment comprises train station services, service center operations, and maintenance projects. It derives key revenue from the Construction segment. Geographically the group has a business presence in Denmark and other countries.

Per Aarsleff Holding AS Headlines

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