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RGLD (Royal Gold) Cyclically Adjusted Price-to-FCF : 777.96 (As of Jun. 03, 2025)


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What is Royal Gold Cyclically Adjusted Price-to-FCF?

As of today (2025-06-03), Royal Gold's current share price is $186.71. Royal Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.24. Royal Gold's Cyclically Adjusted Price-to-FCF for today is 777.96.

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

RGLD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 640.19   Med: 748.25   Max: 2544.17
Current: 732.81

During the past years, Royal Gold's highest Cyclically Adjusted Price-to-FCF was 2544.17. The lowest was 640.19. And the median was 748.25.

RGLD's Cyclically Adjusted Price-to-FCF is ranked worse than
96.77% of 248 companies
in the Metals & Mining industry
Industry Median: 25.995 vs RGLD: 732.81

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.

Royal Gold's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $1.187. 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 $0.24 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Royal Gold'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.

Royal Gold Cyclically Adjusted Price-to-FCF Chart

Royal Gold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 617.20

Royal Gold 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 - - 2,164.51 617.20 672.70

Competitive Comparison of Royal Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Royal Gold'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.


Royal Gold's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Royal Gold's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Royal Gold 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.

Royal Gold's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=186.71/0.24
=777.96

* 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.

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

For example, Royal Gold'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)
=1.187/134.9266*134.9266
=1.187

Current CPI (Mar. 2025) = 134.9266.

Royal Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.673 100.684 0.902
201509 -19.960 100.392 -26.826
201512 0.430 99.792 0.581
201603 0.995 100.470 1.336
201606 0.443 101.688 0.588
201609 -0.536 101.861 -0.710
201612 -0.505 101.863 -0.669
201703 0.998 102.862 1.309
201706 1.009 103.349 1.317
201709 1.095 104.136 1.419
201712 1.158 104.011 1.502
201803 1.601 105.290 2.052
201806 1.014 106.317 1.287
201809 0.681 106.507 0.863
201812 0.898 105.998 1.143
201903 1.167 107.251 1.468
201906 1.103 108.070 1.377
201909 1.019 108.329 1.269
201912 0.155 108.420 0.193
202003 0.980 108.902 1.214
202006 0.661 108.767 0.820
202009 1.262 109.815 1.551
202012 0.951 109.897 1.168
202103 0.893 111.754 1.078
202106 0.536 114.631 0.631
202109 -2.059 115.734 -2.400
202112 1.567 117.630 1.797
202203 0.965 121.301 1.073
202206 1.829 125.017 1.974
202209 -8.879 125.227 -9.567
202212 -1.604 125.222 -1.728
202303 1.654 127.348 1.752
202306 1.641 128.729 1.720
202309 1.492 129.860 1.550
202312 1.538 129.419 1.603
202403 2.087 131.776 2.137
202406 0.948 132.554 0.965
202409 2.025 133.029 2.054
202412 1.431 133.157 1.450
202503 1.187 134.927 1.187

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.


Royal Gold  (NAS:RGLD) 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.


Royal Gold Cyclically Adjusted Price-to-FCF Related Terms

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


Royal Gold Business Description

Industry
Traded in Other Exchanges
Address
1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
Executives
Randy Shefman officer: VP & General Counsel 921 SOUTH HIGH STREET, DENVER CO 80209
Daniel Breeze officer: VP Corp Dev of RGLD Gold AG KIRCHBODENSTRASSE 16, Z, THALWIL V8 8800
William Holmes Heissenbuttel officer: VP Corporate Development 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Paul Libner officer: VP & General Counsel 845 BRAESHEATHER PL, HIGHLANDS RANCH CO 80216
William M. Hayes director 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Ronald J Vance director C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Martin Raffield officer: Vice President, Operations P.O. BOX 1649, POLSON MT 59860
Mark Isto officer: Vice President Operations 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Laura Gill officer: VP, Corp. Sec. & CCO 10499 EAST ABERDEEN AVE, ENGLEWOOD CO 80111
Fabiana Chubbs director 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Margaret Mccandless officer: Asst. GC, Corp Secretary & CCO C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Tony A Jensen director, officer: President and CEO 620 E HEARTSTRONG STREET, SUPERIOR CO 80027
Bruce Christopher Kirchhoff officer: VP and General Counsel 1660 WYNKOOP, #1000, DENVER CO 80202
Sybil E Veenman director C/O ROYAL GOLD, INC., 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Jamie C Sokalsky director C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202