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SJW Group (STU:76W) Cyclically Adjusted Price-to-FCF : (As of Jun. 18, 2024)


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What is SJW Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SJW Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SJW Group'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.

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SJW Group Cyclically Adjusted Price-to-FCF Chart

SJW Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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SJW Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of SJW Group's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, SJW Group'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.


SJW Group's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SJW Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SJW Group 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.

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

For example, SJW Group'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)
=-0.659/131.7762*131.7762
=-0.659

Current CPI (Mar. 2024) = 131.7762.

SJW Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.611 100.560 -0.801
201409 -0.165 100.428 -0.217
201412 -0.200 99.070 -0.266
201503 0.304 99.621 0.402
201506 -0.361 100.684 -0.472
201509 -0.033 100.392 -0.043
201512 -0.445 99.792 -0.588
201603 -0.037 100.470 -0.049
201606 -0.464 101.688 -0.601
201609 -0.929 101.861 -1.202
201612 0.094 101.863 0.122
201703 -0.070 102.862 -0.090
201706 -0.317 103.349 -0.404
201709 -0.466 104.136 -0.590
201712 -1.260 104.011 -1.596
201803 -0.352 105.290 -0.441
201806 -0.560 106.317 -0.694
201809 -0.463 106.507 -0.573
201812 -0.882 105.998 -1.096
201903 -0.285 107.251 -0.350
201906 -0.441 108.070 -0.538
201909 -0.028 108.329 -0.034
201912 -0.900 108.420 -1.094
202003 -1.082 108.902 -1.309
202006 -0.438 108.767 -0.531
202009 -0.676 109.815 -0.811
202012 -1.135 109.897 -1.361
202103 -0.533 111.754 -0.628
202106 -0.633 114.631 -0.728
202109 -1.243 115.734 -1.415
202112 -1.140 117.630 -1.277
202203 -0.129 121.301 -0.140
202206 -0.900 125.017 -0.949
202209 -0.604 125.227 -0.636
202212 -0.822 125.222 -0.865
202303 -0.140 127.348 -0.145
202306 -0.686 128.729 -0.702
202309 -0.675 129.860 -0.685
202312 -1.394 129.419 -1.419
202403 -0.659 131.776 -0.659

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.


SJW Group  (STU:76W) 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.


SJW Group Cyclically Adjusted Price-to-FCF Related Terms

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SJW Group (STU:76W) Business Description

Industry
Traded in Other Exchanges
Address
110 West Taylor Street, San Jose, CA, USA, 95110
SJW Group is a U.S. water utility services holding company that provides, stores, purifies and distributes water. The company primarily operates in various California municipalities and also has operations in other states. Its operating segments include Water Utility Services and Real Estate Services. The majority of the company's revenue is derived from its water utility services segment.

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