GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » American Express Co (BSP:AXPB34) » Definitions » Cyclically Adjusted Price-to-FCF

American Express Co (BSP:AXPB34) Cyclically Adjusted Price-to-FCF : 15.26 (As of Apr. 28, 2024)


View and export this data going back to 2013. Start your Free Trial

What is American Express Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), American Express Co's current share price is R$120.55. American Express Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$7.90. American Express Co's Cyclically Adjusted Price-to-FCF for today is 15.26.

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

BSP:AXPB34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.34   Med: 12.29   Max: 17.9
Current: 14.99

During the past years, American Express Co's highest Cyclically Adjusted Price-to-FCF was 17.90. The lowest was 7.34. And the median was 12.29.

BSP:AXPB34's Cyclically Adjusted Price-to-FCF is ranked worse than
66.67% of 102 companies
in the Credit Services industry
Industry Median: 10.035 vs BSP:AXPB34: 14.99

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.

American Express Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$3.556. 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 R$7.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Express Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Express Co'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.

American Express Co Cyclically Adjusted Price-to-FCF Chart

American Express Co 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 13.01 12.83 15.03 10.94 12.18

American Express Co 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 12.92 13.30 10.25 12.18 14.49

Competitive Comparison of American Express Co's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, American Express Co'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.


American Express Co's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, American Express Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where American Express Co's Cyclically Adjusted Price-to-FCF falls into.



American Express Co 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.

American Express Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=120.55/7.9
=15.26

* 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.

American Express Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, American Express Co'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)
=3.556/129.4194*129.4194
=3.556

Current CPI (Mar. 2024) = 129.4194.

American Express Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.271 100.560 0.349
201409 0.758 100.428 0.977
201412 0.528 99.070 0.690
201503 0.574 99.621 0.746
201506 0.562 100.684 0.722
201509 1.271 100.392 1.639
201512 0.959 99.792 1.244
201603 0.855 100.470 1.101
201606 0.118 101.688 0.150
201609 0.502 101.861 0.638
201612 1.081 101.863 1.373
201703 0.306 102.862 0.385
201706 1.057 103.349 1.324
201709 1.430 104.136 1.777
201712 1.788 104.011 2.225
201803 0.695 105.290 0.854
201806 1.196 106.317 1.456
201809 2.270 106.507 2.758
201812 -0.770 105.998 -0.940
201903 3.735 107.251 4.507
201906 1.124 108.070 1.346
201909 -0.705 108.329 -0.842
201912 1.393 108.420 1.663
202003 -1.544 108.902 -1.835
202006 1.145 108.767 1.362
202009 1.226 109.815 1.445
202012 1.956 109.897 2.303
202103 1.373 111.754 1.590
202106 1.790 114.631 2.021
202109 2.510 115.734 2.807
202112 3.336 117.630 3.670
202203 2.254 121.301 2.405
202206 2.552 125.017 2.642
202209 2.846 125.227 2.941
202212 5.546 125.222 5.732
202303 -0.517 127.348 -0.525
202306 2.324 128.729 2.336
202309 5.284 129.860 5.266
202312 4.275 129.419 4.275
202403 3.556 129.419 3.556

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.


American Express Co  (BSP:AXPB34) 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.


American Express Co Cyclically Adjusted Price-to-FCF Related Terms

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


American Express Co (BSP:AXPB34) Business Description

Address
200 Vesey Street, New York, NY, USA, 10285
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

American Express Co (BSP:AXPB34) Headlines

No Headlines