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Cisco Systems (WBO:CSCO) Cyclically Adjusted Price-to-FCF : 17.54 (As of Jun. 18, 2025)


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What is Cisco Systems Cyclically Adjusted Price-to-FCF?

As of today (2025-06-18), Cisco Systems's current share price is €57.02. Cisco Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 was €3.25. Cisco Systems's Cyclically Adjusted Price-to-FCF for today is 17.54.

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

WBO:CSCO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.92   Med: 15.93   Max: 24.74
Current: 17.65

During the past years, Cisco Systems's highest Cyclically Adjusted Price-to-FCF was 24.74. The lowest was 11.92. And the median was 15.93.

WBO:CSCO's Cyclically Adjusted Price-to-FCF is ranked better than
66.77% of 1005 companies
in the Hardware industry
Industry Median: 26.97 vs WBO:CSCO: 17.65

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.

Cisco Systems's adjusted free cash flow per share data for the three months ended in Apr. 2025 was €0.844. 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 €3.25 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cisco Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cisco Systems'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.

Cisco Systems Cyclically Adjusted Price-to-FCF Chart

Cisco Systems Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.00 18.97 14.03 14.79 13.48

Cisco Systems Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 13.13 13.48 15.07 16.65 15.60

Competitive Comparison of Cisco Systems's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Cisco Systems'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.


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

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

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


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Cisco Systems 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.

Cisco Systems's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=57.02/3.25
=17.54

* 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.

Cisco Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Cisco Systems's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=0.844/135.3468*135.3468
=0.844

Current CPI (Apr. 2025) = 135.3468.

Cisco Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201507 0.678 100.691 0.911
201510 0.436 100.346 0.588
201601 0.652 99.957 0.883
201604 0.480 100.947 0.644
201607 0.634 101.524 0.845
201610 0.440 101.988 0.584
201701 0.657 102.456 0.868
201704 0.581 103.167 0.762
201707 0.654 103.278 0.857
201710 0.496 104.070 0.645
201801 0.643 104.578 0.832
201804 0.366 105.708 0.469
201807 0.686 106.324 0.873
201810 0.670 106.695 0.850
201901 0.688 106.200 0.877
201904 0.827 107.818 1.038
201907 0.777 108.250 0.971
201910 0.716 108.577 0.893
202001 0.764 108.841 0.950
202004 0.882 108.173 1.104
202007 0.737 109.318 0.912
202010 0.786 109.861 0.968
202101 0.540 110.364 0.662
202104 0.731 112.673 0.878
202107 0.868 115.183 1.020
202110 0.671 116.696 0.778
202201 0.494 118.619 0.564
202204 0.789 121.978 0.875
202207 0.837 125.002 0.906
202210 0.934 125.734 1.005
202301 1.030 126.223 1.104
202304 1.098 127.992 1.161
202307 1.268 128.974 1.331
202310 0.518 129.810 0.540
202401 0.144 130.124 0.150
202404 0.873 132.289 0.893
202407 0.807 132.708 0.823
202410 0.788 133.182 0.801
202501 0.490 134.029 0.495
202504 0.844 135.347 0.844

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.


Cisco Systems  (WBO:CSCO) 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.


Cisco Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Cisco Systems Business Description

Industry
Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.