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PARAA (Paramount Global) Cyclically Adjusted Price-to-FCF : 3.67 (As of May. 29, 2025)


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What is Paramount Global Cyclically Adjusted Price-to-FCF?

As of today (2025-05-29), Paramount Global's current share price is $22.48. Paramount Global's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $6.13. Paramount Global's Cyclically Adjusted Price-to-FCF for today is 3.67.

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

PARAA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.94   Med: 10.97   Max: 27.74
Current: 3.76

During the past years, Paramount Global's highest Cyclically Adjusted Price-to-FCF was 27.74. The lowest was 2.94. And the median was 10.97.

PARAA's Cyclically Adjusted Price-to-FCF is ranked better than
83.9% of 354 companies
in the Media - Diversified industry
Industry Median: 14.81 vs PARAA: 3.76

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.

Paramount Global's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.181. 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 $6.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paramount Global Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Paramount Global'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.

Paramount Global Cyclically Adjusted Price-to-FCF Chart

Paramount Global 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 10.45 8.23 4.73 4.40 3.21

Paramount Global 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 3.52 3.10 3.04 3.21 3.72

Competitive Comparison of Paramount Global's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Paramount Global'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.


Paramount Global's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Paramount Global's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Paramount Global 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.

Paramount Global's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.48/6.13
=3.67

* 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.

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

For example, Paramount Global'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)
=0.181/134.9266*134.9266
=0.181

Current CPI (Mar. 2025) = 134.9266.

Paramount Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.842 100.684 1.128
201509 -0.616 100.392 -0.828
201512 1.495 99.792 2.021
201603 2.142 100.470 2.877
201606 0.413 101.688 0.548
201609 0.029 101.861 0.038
201612 0.689 101.863 0.913
201703 1.663 102.862 2.181
201706 0.434 103.349 0.567
201709 0.012 104.136 0.016
201712 3.154 104.011 4.091
201803 1.780 105.290 2.281
201806 0.772 106.317 0.980
201809 0.264 106.507 0.334
201812 5.464 105.998 6.955
201903 1.397 107.251 1.757
201906 0.300 108.070 0.375
201909 0.634 108.329 0.790
201912 -0.896 108.420 -1.115
202003 0.495 108.902 0.613
202006 1.159 108.767 1.438
202009 2.160 109.815 2.654
202012 -0.620 109.897 -0.761
202103 2.632 111.754 3.178
202106 -0.012 114.631 -0.014
202109 -0.356 115.734 -0.415
202112 -1.195 117.630 -1.371
202203 0.530 121.301 0.590
202206 0.146 125.017 0.158
202209 -0.526 125.227 -0.567
202212 -0.365 125.222 -0.393
202303 -0.690 127.348 -0.731
202306 -0.141 128.729 -0.148
202309 0.551 129.860 0.572
202312 0.502 129.419 0.523
202403 0.320 131.776 0.328
202406 0.015 132.554 0.015
202409 0.319 133.029 0.324
202412 0.084 133.157 0.085
202503 0.181 134.927 0.181

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.


Paramount Global  (NAS:PARAA) 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.


Paramount Global Cyclically Adjusted Price-to-FCF Related Terms

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


Paramount Global Business Description

Address
1515 Broadway, New York, NY, USA, 10036
Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes the Paramount+, Pluto TV, and BET+ streaming services. Much of the content on Paramount's streaming platforms is created by the production studios housed within the firm's other two business segments.