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Westinghouse Air Brake Technologies (STU:WB2) Cyclically Adjusted Price-to-FCF : 34.84 (As of May. 22, 2024)


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What is Westinghouse Air Brake Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Westinghouse Air Brake Technologies's current share price is €156.80. Westinghouse Air Brake Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.50. Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF for today is 34.84.

The historical rank and industry rank for Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:WB2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.32   Med: 28.62   Max: 52.99
Current: 35.02

During the past years, Westinghouse Air Brake Technologies's highest Cyclically Adjusted Price-to-FCF was 52.99. The lowest was 13.32. And the median was 28.62.

STU:WB2's Cyclically Adjusted Price-to-FCF is ranked worse than
71.67% of 413 companies
in the Transportation industry
Industry Median: 18.22 vs STU:WB2: 35.02

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.

Westinghouse Air Brake Technologies's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.573. 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 €4.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westinghouse Air Brake Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies Cyclically Adjusted Price-to-FCF Chart

Westinghouse Air Brake Technologies 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 25.44 22.52 24.74 23.85 27.42

Westinghouse Air Brake Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 24.12 25.67 23.70 27.42 30.00

Competitive Comparison of Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.


Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF falls into.



Westinghouse Air Brake Technologies 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=156.80/4.5
=34.84

* 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Westinghouse Air Brake Technologies'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)
=1.573/131.7762*131.7762
=1.573

Current CPI (Mar. 2024) = 131.7762.

Westinghouse Air Brake Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.754 100.560 0.988
201409 0.639 100.428 0.838
201412 1.885 99.070 2.507
201503 0.334 99.621 0.442
201506 0.502 100.684 0.657
201509 1.209 100.392 1.587
201512 1.704 99.792 2.250
201603 0.654 100.470 0.858
201606 1.256 101.688 1.628
201609 0.201 101.861 0.260
201612 1.936 101.863 2.505
201703 -0.442 102.862 -0.566
201706 -0.062 103.349 -0.079
201709 0.160 104.136 0.202
201712 1.159 104.011 1.468
201803 0.057 105.290 0.071
201806 0.190 106.317 0.235
201809 -0.482 106.507 -0.596
201812 2.248 105.998 2.795
201903 0.012 107.251 0.015
201906 1.758 108.070 2.144
201909 0.347 108.329 0.422
201912 1.752 108.420 2.129
202003 -0.545 108.902 -0.659
202006 1.290 108.767 1.563
202009 0.886 109.815 1.063
202012 1.250 109.897 1.499
202103 1.178 111.754 1.389
202106 0.857 114.631 0.985
202109 0.999 115.734 1.137
202112 1.243 117.630 1.392
202203 0.692 121.301 0.752
202206 1.208 125.017 1.273
202209 0.955 125.227 1.005
202212 1.780 125.222 1.873
202303 -0.295 127.348 -0.305
202306 0.396 128.729 0.405
202309 2.018 129.860 2.048
202312 3.122 129.419 3.179
202403 1.573 131.776 1.573

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.


Westinghouse Air Brake Technologies  (STU:WB2) 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.


Westinghouse Air Brake Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Westinghouse Air Brake Technologies (STU:WB2) Business Description

Traded in Other Exchanges
Address
30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment.

Westinghouse Air Brake Technologies (STU:WB2) Headlines

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