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PSP Swiss Property AG (PSP Swiss Property AG) Cyclically Adjusted Price-to-FCF : 45.34 (As of May. 15, 2024)


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What is PSP Swiss Property AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), PSP Swiss Property AG's current share price is $126.50. PSP Swiss Property AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.79. PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF for today is 45.34.

The historical rank and industry rank for PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

PSPSF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 37.52   Med: 55.28   Max: 81.32
Current: 43.86

During the past years, PSP Swiss Property AG's highest Cyclically Adjusted Price-to-FCF was 81.32. The lowest was 37.52. And the median was 55.28.

PSPSF's Cyclically Adjusted Price-to-FCF is ranked worse than
86.37% of 697 companies
in the Real Estate industry
Industry Median: 12.63 vs PSPSF: 43.86

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.

PSP Swiss Property AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.916. 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 $2.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSP Swiss Property AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PSP Swiss Property AG'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.

PSP Swiss Property AG Cyclically Adjusted Price-to-FCF Chart

PSP Swiss Property AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.77 58.51 51.94 43.14 45.54

PSP Swiss Property AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 40.07 37.64 42.27 45.54 45.92

Competitive Comparison of PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, PSP Swiss Property AG'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.


PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF falls into.



PSP Swiss Property AG 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.

PSP Swiss Property AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=126.50/2.79
=45.34

* 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.

PSP Swiss Property AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PSP Swiss Property AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.916/106.4611*106.4611
=0.916

Current CPI (Mar. 2024) = 106.4611.

PSP Swiss Property AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.205 101.517 1.264
201409 0.510 101.247 0.536
201412 0.066 100.704 0.070
201503 0.000 100.339 0.000
201506 0.381 100.464 0.404
201509 0.689 99.785 0.735
201512 0.341 99.386 0.365
201603 0.331 99.475 0.354
201606 0.619 100.088 0.658
201609 0.781 99.604 0.835
201612 0.412 99.380 0.441
201703 -0.134 100.040 -0.143
201706 0.454 100.285 0.482
201709 1.289 100.254 1.369
201712 0.338 100.213 0.359
201803 0.065 100.836 0.069
201806 0.554 101.435 0.581
201809 1.176 101.246 1.237
201812 0.478 100.906 0.504
201903 0.171 101.571 0.179
201906 0.607 102.044 0.633
201909 0.871 101.396 0.915
201912 1.157 101.063 1.219
202003 -0.702 101.048 -0.740
202006 0.292 100.743 0.309
202009 1.129 100.585 1.195
202012 1.148 100.241 1.219
202103 0.921 100.800 0.973
202106 0.751 101.352 0.789
202109 0.850 101.533 0.891
202112 0.777 101.776 0.813
202203 1.922 103.205 1.983
202206 0.717 104.783 0.728
202209 0.688 104.835 0.699
202212 0.512 104.666 0.521
202303 0.199 106.245 0.199
202306 1.062 106.576 1.061
202309 1.140 106.570 1.139
202312 0.932 106.461 0.932
202403 0.916 106.461 0.916

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.


PSP Swiss Property AG  (OTCPK:PSPSF) 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.


PSP Swiss Property AG Cyclically Adjusted Price-to-FCF Related Terms

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PSP Swiss Property AG (PSP Swiss Property AG) Business Description

Traded in Other Exchanges
Address
Kolinplatz 2, Zug, CHE, CH-6300
PSP Swiss Property AG is a general real estate company. The company reports three business units: real estate investments, property management, and holding. The vast majority of revenue is generated by rental income. All PSP property is located in Switzerland. The company considers merger and acquisition investment as a potential component of its operational growth strategy. The company's real estate investment segment invests exclusively in commercial properties, with leases primarily in office and retail property.

PSP Swiss Property AG (PSP Swiss Property AG) Headlines

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