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Plug Power (WBO:PLUG) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2025)


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What is Plug Power Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Plug Power Cyclically Adjusted Price-to-FCF Historical Data

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

Plug Power Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Plug Power Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Plug Power's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Plug Power'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.


Plug Power's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plug Power's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Plug Power 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.

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

For example, Plug Power'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)
=-0.148/134.9266*134.9266
=-0.148

Current CPI (Mar. 2025) = 134.9266.

Plug Power Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.060 100.684 -0.080
201509 -0.073 100.392 -0.098
201512 -0.054 99.792 -0.073
201603 -0.102 100.470 -0.137
201606 -0.119 101.688 -0.158
201609 -0.149 101.861 -0.197
201612 -0.067 101.863 -0.089
201703 -0.164 102.862 -0.215
201706 -0.183 103.349 -0.239
201709 -0.114 104.136 -0.148
201712 0.019 104.011 0.025
201803 -0.101 105.290 -0.129
201806 -0.133 106.317 -0.169
201809 0.009 106.507 0.011
201812 -0.075 105.998 -0.095
201903 -0.155 107.251 -0.195
201906 -0.064 108.070 -0.080
201909 -0.023 108.329 -0.029
201912 -0.024 108.420 -0.030
202003 -0.198 108.902 -0.245
202006 -0.158 108.767 -0.196
202009 -0.137 109.815 -0.168
202012 -0.044 109.897 -0.054
202103 -0.213 111.754 -0.257
202106 -0.230 114.631 -0.271
202109 -0.252 115.734 -0.294
202112 -0.144 117.630 -0.165
202203 -0.464 121.301 -0.516
202206 -0.463 125.017 -0.500
202209 -0.497 125.227 -0.535
202212 -0.695 125.222 -0.749
202303 -0.724 127.348 -0.767
202306 -0.782 128.729 -0.820
202309 -0.641 129.860 -0.666
202312 -0.653 129.419 -0.681
202403 -0.382 131.776 -0.391
202406 -0.455 132.554 -0.463
202409 -0.278 133.029 -0.282
202412 -0.181 133.157 -0.183
202503 -0.148 134.927 -0.148

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.


Plug Power  (WBO:PLUG) 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.


Plug Power Cyclically Adjusted Price-to-FCF Related Terms

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


Plug Power Business Description

Industry
Address
125 Vista Boulevard, Slingerlands, New York, NY, USA, 12159
Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.