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Thomson Reuters (STU:TOC) Cyclically Adjusted Price-to-FCF : 62.13 (As of Jun. 17, 2025)


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What is Thomson Reuters Cyclically Adjusted Price-to-FCF?

As of today (2025-06-17), Thomson Reuters's current share price is €169.00. Thomson Reuters's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €2.72. Thomson Reuters's Cyclically Adjusted Price-to-FCF for today is 62.13.

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

STU:TOC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.84   Med: 38.05   Max: 64.31
Current: 62.82

During the past years, Thomson Reuters's highest Cyclically Adjusted Price-to-FCF was 64.31. The lowest was 18.84. And the median was 38.05.

STU:TOC's Cyclically Adjusted Price-to-FCF is ranked worse than
89.1% of 376 companies
in the Business Services industry
Industry Median: 16.345 vs STU:TOC: 62.82

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.

Thomson Reuters's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €0.603. 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 €2.72 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thomson Reuters Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thomson Reuters'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.

Thomson Reuters Cyclically Adjusted Price-to-FCF Chart

Thomson Reuters Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.37 51.66 48.52 51.83 56.61

Thomson Reuters 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 54.25 58.15 56.68 56.61 58.57

Competitive Comparison of Thomson Reuters's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Thomson Reuters'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.


Thomson Reuters's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thomson Reuters's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Thomson Reuters 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.

Thomson Reuters's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=169.00/2.72
=62.13

* 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.

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

For example, Thomson Reuters'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)
=0.603/129.1809*129.1809
=0.603

Current CPI (Mar. 2025) = 129.1809.

Thomson Reuters Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.956 100.500 1.229
201509 0.622 100.421 0.800
201512 0.974 99.947 1.259
201603 0.303 101.054 0.387
201606 0.753 102.002 0.954
201609 0.744 101.765 0.944
201612 1.108 101.449 1.411
201703 -0.697 102.634 -0.877
201706 1.174 103.029 1.472
201709 0.867 103.345 1.084
201712 0.850 103.345 1.063
201803 0.313 105.004 0.385
201806 0.926 105.557 1.133
201809 0.938 105.636 1.147
201812 -0.276 105.399 -0.338
201903 -0.306 106.979 -0.370
201906 0.020 107.690 0.024
201909 0.257 107.611 0.309
201912 0.401 107.769 0.481
202003 0.064 107.927 0.077
202006 0.513 108.401 0.611
202009 0.820 108.164 0.979
202012 0.797 108.559 0.948
202103 0.456 110.298 0.534
202106 0.604 111.720 0.698
202109 0.718 112.905 0.822
202112 0.515 113.774 0.585
202203 0.201 117.646 0.221
202206 0.596 120.806 0.637
202209 0.791 120.648 0.847
202212 1.062 120.964 1.134
202303 0.250 122.702 0.263
202306 1.115 124.203 1.160
202309 1.087 125.230 1.121
202312 1.154 125.072 1.192
202403 0.583 126.258 0.596
202406 1.139 127.522 1.154
202409 1.214 127.285 1.232
202412 0.854 127.364 0.866
202503 0.603 129.181 0.603

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.


Thomson Reuters  (STU:TOC) 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.


Thomson Reuters Cyclically Adjusted Price-to-FCF Related Terms

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


Thomson Reuters Business Description

Address
19 Duncan Street, Suite 300, Toronto, ON, CAN, M5H 3H1
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.

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