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KSB SE KGaA (XTER:KSB3) Cyclically Adjusted Price-to-FCF : 27.24 (As of May. 20, 2024)


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What is KSB SE KGaA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), KSB SE KGaA's current share price is €624.00. KSB SE KGaA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €22.91. KSB SE KGaA's Cyclically Adjusted Price-to-FCF for today is 27.24.

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

XTER:KSB3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.46   Med: 15.82   Max: 34.78
Current: 26.17

During the past 13 years, KSB SE KGaA's highest Cyclically Adjusted Price-to-FCF was 34.78. The lowest was 10.46. And the median was 15.82.

XTER:KSB3's Cyclically Adjusted Price-to-FCF is ranked better than
60.44% of 1034 companies
in the Industrial Products industry
Industry Median: 33.575 vs XTER:KSB3: 26.17

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.

KSB SE KGaA's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €99.282. 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 €22.91 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


KSB SE KGaA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KSB SE KGaA'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.

KSB SE KGaA Cyclically Adjusted Price-to-FCF Chart

KSB SE KGaA 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 18.10 16.12 18.32 18.93 25.40

KSB SE KGaA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 18.32 - 18.93 - 25.40

Competitive Comparison of KSB SE KGaA's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, KSB SE KGaA'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.


KSB SE KGaA's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where KSB SE KGaA's Cyclically Adjusted Price-to-FCF falls into.



KSB SE KGaA 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.

KSB SE KGaA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=624.00/22.91
=27.24

* 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.

KSB SE KGaA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, KSB SE KGaA's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=99.282/123.7729*123.7729
=99.282

Current CPI (Dec23) = 123.7729.

KSB SE KGaA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.448 99.543 1.800
201512 19.445 99.717 24.136
201612 29.193 101.217 35.699
201712 11.550 102.617 13.931
201812 -12.440 104.217 -14.774
201912 30.775 105.818 35.997
202012 57.557 105.518 67.515
202112 51.367 110.384 57.598
202212 -57.272 119.345 -59.397
202312 99.282 123.773 99.282

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.


KSB SE KGaA  (XTER:KSB3) 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.


KSB SE KGaA Cyclically Adjusted Price-to-FCF Related Terms

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


KSB SE KGaA (XTER:KSB3) Business Description

Traded in Other Exchanges
Address
Johann-Klein-Strasse 9, Frankenthal, RP, DEU, 67227
KSB SE & Co KGaA is a German-based company. It is a provider of pumps, valves, and related services. Its operations are carried out in three segments namely Pumps, Valves, and KSB SupremeServ Segment comprises the spare parts business for pumps and valves. A majority part of its sales and revenue is comes from the Pumps segment. The Pumps segment includes single and multistage pumps, submersible pumps, and associated control and drives systems. The company's pumps are used in various applications where fluids need to be transported as well as in other applications which belong to industry, building services, water engineering, wastewater engineering, energy supply, and mining.

KSB SE KGaA (XTER:KSB3) Headlines

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