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Peyto Exploration & Development (TSX:PEY) Cyclically Adjusted Price-to-FCF : 26.53 (As of May. 21, 2024)


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What is Peyto Exploration & Development Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Peyto Exploration & Development's current share price is C$15.92. Peyto Exploration & Development's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.60. Peyto Exploration & Development's Cyclically Adjusted Price-to-FCF for today is 26.53.

The historical rank and industry rank for Peyto Exploration & Development's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:PEY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.06   Med: 85.71   Max: 3096
Current: 26.48

During the past years, Peyto Exploration & Development's highest Cyclically Adjusted Price-to-FCF was 3096.00. The lowest was 24.06. And the median was 85.71.

TSX:PEY's Cyclically Adjusted Price-to-FCF is ranked worse than
72.91% of 395 companies
in the Oil & Gas industry
Industry Median: 14 vs TSX:PEY: 26.48

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.

Peyto Exploration & Development's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.402. 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 C$0.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Peyto Exploration & Development Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Peyto Exploration & Development'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.

Peyto Exploration & Development Cyclically Adjusted Price-to-FCF Chart

Peyto Exploration & Development 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 - - - 56.90 22.80

Peyto Exploration & Development 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 34.87 29.67 29.46 22.80 24.84

Competitive Comparison of Peyto Exploration & Development's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Peyto Exploration & Development'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.


Peyto Exploration & Development's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Peyto Exploration & Development's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Peyto Exploration & Development's Cyclically Adjusted Price-to-FCF falls into.



Peyto Exploration & Development 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.

Peyto Exploration & Development's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.92/0.6
=26.53

* 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.

Peyto Exploration & Development's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Peyto Exploration & Development'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)
=0.402/126.2576*126.2576
=0.402

Current CPI (Mar. 2024) = 126.2576.

Peyto Exploration & Development Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.006 99.473 0.008
201409 -0.197 99.394 -0.250
201412 0.081 98.367 0.104
201503 -0.078 99.789 -0.099
201506 0.112 100.500 0.141
201509 -0.235 100.421 -0.295
201512 -0.201 99.947 -0.254
201603 -0.237 101.054 -0.296
201606 0.324 102.002 0.401
201609 0.094 101.765 0.117
201612 0.054 101.449 0.067
201703 -0.199 102.634 -0.245
201706 0.183 103.029 0.224
201709 0.045 103.345 0.055
201712 0.056 103.345 0.068
201803 0.658 105.004 0.791
201806 0.618 105.557 0.739
201809 0.323 105.636 0.386
201812 -0.059 105.399 -0.071
201903 0.177 106.979 0.209
201906 0.312 107.690 0.366
201909 0.172 107.611 0.202
201912 0.010 107.769 0.012
202003 -0.017 107.927 -0.020
202006 -0.006 108.401 -0.007
202009 -0.082 108.164 -0.096
202012 -0.093 108.559 -0.108
202103 0.065 110.298 0.074
202106 0.171 111.720 0.193
202109 0.070 112.905 0.078
202112 0.031 113.774 0.034
202203 0.245 117.646 0.263
202206 0.643 120.806 0.672
202209 0.482 120.648 0.504
202212 0.328 120.964 0.342
202303 0.349 122.702 0.359
202306 0.376 124.203 0.382
202309 0.236 125.230 0.238
202312 0.316 125.072 0.319
202403 0.402 126.258 0.402

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.


Peyto Exploration & Development  (TSX:PEY) 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.


Peyto Exploration & Development Cyclically Adjusted Price-to-FCF Related Terms

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


Peyto Exploration & Development (TSX:PEY) Business Description

Traded in Other Exchanges
Address
600 - 3rd Avenue SW, Suite 300, Calgary, AB, CAN, T2P 0G5
Peyto Exploration & Development Corp is a Canadian energy company involved in the development and production of oil and natural gas. It conducts exploration, development and production activities in Canada. Substantial revenue is generated from Natural gas and natural gas liquid sales.
Executives
Jean-paul Henri Lachance Director, Senior Officer

Peyto Exploration & Development (TSX:PEY) Headlines