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Pizza Pizza Royalty (Pizza Pizza Royalty) Cyclically Adjusted Price-to-FCF : 12.71 (As of Jun. 04, 2024)


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What is Pizza Pizza Royalty Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Pizza Pizza Royalty's current share price is $9.66. Pizza Pizza Royalty's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.76. Pizza Pizza Royalty's Cyclically Adjusted Price-to-FCF for today is 12.71.

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

PZRIF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.94   Med: 13.8   Max: 22.78
Current: 13.01

During the past years, Pizza Pizza Royalty's highest Cyclically Adjusted Price-to-FCF was 22.78. The lowest was 7.94. And the median was 13.80.

PZRIF's Cyclically Adjusted Price-to-FCF is ranked better than
60.66% of 122 companies
in the Restaurants industry
Industry Median: 16.47 vs PZRIF: 13.01

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.

Pizza Pizza Royalty's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.154. 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 $0.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pizza Pizza Royalty Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pizza Pizza Royalty'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.

Pizza Pizza Royalty Cyclically Adjusted Price-to-FCF Chart

Pizza Pizza Royalty 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 11.61 10.84 - 13.93 14.44

Pizza Pizza Royalty Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 13.81 14.60 13.51 14.44 13.50

Competitive Comparison of Pizza Pizza Royalty's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Pizza Pizza Royalty'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.


Pizza Pizza Royalty's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pizza Pizza Royalty 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.

Pizza Pizza Royalty's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.66/0.76
=12.71

* 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.

Pizza Pizza Royalty's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pizza Pizza Royalty'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)
=0.154/126.2576*126.2576
=0.154

Current CPI (Mar. 2024) = 126.2576.

Pizza Pizza Royalty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.204 96.945 0.266
201403 0.156 98.604 0.200
201406 0.193 99.473 0.245
201409 0.196 99.394 0.249
201412 0.195 98.367 0.250
201503 0.156 99.789 0.197
201506 0.191 100.500 0.240
201509 0.170 100.421 0.214
201512 0.164 99.947 0.207
201603 0.149 101.054 0.186
201606 0.172 102.002 0.213
201609 0.174 101.765 0.216
201612 0.177 101.449 0.220
201703 0.165 102.634 0.203
201706 0.166 103.029 0.203
201709 0.184 103.345 0.225
201712 0.181 103.345 0.221
201803 0.167 105.004 0.201
201806 0.170 105.557 0.203
201809 0.168 105.636 0.201
201812 0.161 105.399 0.193
201903 0.158 106.979 0.186
201906 0.165 107.690 0.193
201909 0.173 107.611 0.203
201912 0.171 107.769 0.200
202003 0.158 107.927 0.185
202006 0.121 108.401 0.141
202009 0.156 108.164 0.182
202012 0.150 108.559 0.174
202103 0.139 110.298 0.159
202112 0.000 113.774 0.000
202203 0.154 117.646 0.165
202206 0.170 120.806 0.178
202209 0.182 120.648 0.190
202212 0.181 120.964 0.189
202303 0.147 122.702 0.151
202306 0.179 124.203 0.182
202309 0.200 125.230 0.202
202312 0.194 125.072 0.196
202403 0.154 126.258 0.154

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.


Pizza Pizza Royalty  (OTCPK:PZRIF) 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.


Pizza Pizza Royalty Cyclically Adjusted Price-to-FCF Related Terms

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


Pizza Pizza Royalty (Pizza Pizza Royalty) Business Description

Traded in Other Exchanges
Address
500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It offers a flavorful, varied, and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions in Canada.

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