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BHP Group (BHP Group) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is BHP Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


BHP Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BHP Group'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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BHP Group Cyclically Adjusted Price-to-FCF Chart

BHP Group Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted Price-to-FCF
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BHP Group Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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Competitive Comparison of BHP Group's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, BHP Group'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.


BHP Group's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BHP Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



BHP Group 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.

BHP Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun21 is calculated as:

For example, BHP Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun21 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun21 (Change)*Current CPI (Jun21)
=8.533/111.4000*111.4000
=8.533

Current CPI (Jun21) = 111.4000.

BHP Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 2.395 95.600 2.791
201306 -0.498 98.000 -0.566
201406 3.799 99.800 4.241
201506 2.756 100.100 3.067
201606 1.383 101.000 1.525
201706 4.913 103.500 5.288
201806 5.052 105.900 5.314
201906 4.476 107.900 4.621
202006 3.474 108.800 3.557
202106 8.533 111.400 8.533

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.


BHP Group  (NYSE:BBL) 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.


BHP Group Cyclically Adjusted Price-to-FCF Related Terms

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


BHP Group (BHP Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
160 Victoria Street, Nova South, London, GBR, SW1E 5LB
BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical. The merger of BHP Limited (now BHP Ltd.) and Billiton PLC (now BHP PLC) created the present-day BHP. Shareholders in each company have equivalent economic and voting rights in BHP as a whole and in 2022 voted to reunify the dual listed structure. Major assets include Pilbara iron ore, Queensland coking coal, Escondida copper and conventional petroleum assets, principally in Australia and the Gulf of Mexico. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets are likely to be spun off and merged with Woodside.

BHP Group (BHP Group) Headlines

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