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Westinghouse Air Brake Technologies (BSP:W1AB34) Cyclically Adjusted Price-to-FCF : 34.86 (As of Apr. 29, 2024)


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What is Westinghouse Air Brake Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Westinghouse Air Brake Technologies's current share price is R$418.32. Westinghouse Air Brake Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$12.00. Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF for today is 34.86.

The historical rank and industry rank for Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:W1AB34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.32   Med: 28.62   Max: 52.99
Current: 34.44

During the past years, Westinghouse Air Brake Technologies's highest Cyclically Adjusted Price-to-FCF was 52.99. The lowest was 13.32. And the median was 28.62.

BSP:W1AB34's Cyclically Adjusted Price-to-FCF is ranked worse than
69.71% of 416 companies
in the Transportation industry
Industry Median: 18.13 vs BSP:W1AB34: 34.44

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.

Westinghouse Air Brake Technologies's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$4.258. 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$12.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westinghouse Air Brake Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies Cyclically Adjusted Price-to-FCF Chart

Westinghouse Air Brake Technologies 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 25.44 22.52 24.74 23.85 27.42

Westinghouse Air Brake Technologies 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 24.12 25.67 23.70 27.42 30.52

Competitive Comparison of Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.


Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF falls into.



Westinghouse Air Brake Technologies 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=418.32/12
=34.86

* 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Westinghouse Air Brake Technologies'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)
=4.258/129.4194*129.4194
=4.258

Current CPI (Mar. 2024) = 129.4194.

Westinghouse Air Brake Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.145 100.560 1.474
201409 0.963 100.428 1.241
201412 3.070 99.070 4.010
201503 0.568 99.621 0.738
201506 0.876 100.684 1.126
201509 2.649 100.392 3.415
201512 3.602 99.792 4.671
201603 1.346 100.470 1.734
201606 2.416 101.688 3.075
201609 0.367 101.861 0.466
201612 3.426 101.863 4.353
201703 -0.740 102.862 -0.931
201706 -0.115 103.349 -0.144
201709 0.299 104.136 0.372
201712 2.260 104.011 2.812
201803 0.115 105.290 0.141
201806 0.419 106.317 0.510
201809 -1.157 106.507 -1.406
201812 4.967 105.998 6.065
201903 0.025 107.251 0.030
201906 3.829 108.070 4.585
201909 0.787 108.329 0.940
201912 3.995 108.420 4.769
202003 -1.470 108.902 -1.747
202006 3.767 108.767 4.482
202009 2.816 109.815 3.319
202012 3.911 109.897 4.606
202103 3.953 111.754 4.578
202106 2.595 114.631 2.930
202109 3.103 115.734 3.470
202112 3.970 117.630 4.368
202203 1.896 121.301 2.023
202206 3.224 125.017 3.338
202209 2.479 125.227 2.562
202212 4.945 125.222 5.111
202303 -0.822 127.348 -0.835
202306 1.042 128.729 1.048
202309 5.319 129.860 5.301
202312 8.340 129.419 8.340
202403 4.258 129.419 4.258

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.


Westinghouse Air Brake Technologies  (BSP:W1AB34) 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.


Westinghouse Air Brake Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Westinghouse Air Brake Technologies (BSP:W1AB34) Business Description

Traded in Other Exchanges
Address
30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment.

Westinghouse Air Brake Technologies (BSP:W1AB34) Headlines

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