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Jabil (STU:JBL) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Jabil Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jabil Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jabil'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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Jabil Cyclically Adjusted Price-to-FCF Chart

Jabil Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
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Jabil Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Jabil's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Jabil'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.


Jabil's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jabil's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jabil 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.

Jabil's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Jabil's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.351/129.4194*129.4194
=-0.351

Current CPI (Feb. 2024) = 129.4194.

Jabil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.528 100.373 0.681
201408 -0.452 100.352 -0.583
201411 -0.035 99.635 -0.045
201502 0.297 99.032 0.388
201505 0.411 100.333 0.530
201508 0.593 100.548 0.763
201511 -0.514 100.135 -0.664
201602 -1.292 100.040 -1.671
201605 0.930 101.355 1.188
201608 0.801 101.617 1.020
201611 -0.059 101.829 -0.075
201702 0.190 102.779 0.239
201705 0.124 103.256 0.155
201708 -10.298 103.587 -12.866
201711 -4.105 104.072 -5.105
201802 -2.472 105.052 -3.045
201805 -3.843 106.148 -4.686
201808 0.273 106.383 0.332
201811 -1.738 106.338 -2.115
201902 -0.597 106.649 -0.724
201905 -1.420 108.048 -1.701
201908 4.941 108.245 5.908
201911 -1.211 108.519 -1.444
202002 -0.936 109.139 -1.110
202005 1.742 108.175 2.084
202008 1.800 109.662 2.124
202011 -1.594 109.793 -1.879
202102 -1.551 110.968 -1.809
202105 1.993 113.576 2.271
202108 2.726 115.421 3.057
202111 -1.939 117.269 -2.140
202202 -1.065 119.703 -1.151
202205 1.195 123.323 1.254
202208 4.147 124.958 4.295
202211 -1.052 125.607 -1.084
202302 0.624 126.928 0.636
202305 1.668 128.314 1.682
202308 3.521 129.538 3.518
202311 1.119 129.548 1.118
202402 -0.351 129.419 -0.351

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.


Jabil  (STU:JBL) 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.


Jabil Cyclically Adjusted Price-to-FCF Related Terms

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Jabil (STU:JBL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jabil Inc (STU:JBL) » Definitions » Cyclically Adjusted Price-to-FCF
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Address
10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.

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