GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Beazley PLC (OTCPK:BZLYF) » Definitions » Cyclically Adjusted Price-to-FCF

Beazley (Beazley) Cyclically Adjusted Price-to-FCF : 11.89 (As of Apr. 29, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Beazley Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Beazley's current share price is $7.85. Beazley's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.66. Beazley's Cyclically Adjusted Price-to-FCF for today is 11.89.

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

BZLYF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.52   Med: 9.92   Max: 18.76
Current: 12.42

During the past 13 years, Beazley's highest Cyclically Adjusted Price-to-FCF was 18.76. The lowest was 3.52. And the median was 9.92.

BZLYF's Cyclically Adjusted Price-to-FCF is ranked worse than
54.6% of 326 companies
in the Insurance industry
Industry Median: 11.03 vs BZLYF: 12.42

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.

Beazley's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.498. 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 $0.66 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beazley Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beazley'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.

Beazley Cyclically Adjusted Price-to-FCF Chart

Beazley 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 15.42 9.56 9.16 13.75 10.16

Beazley 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 9.16 - 13.75 - 10.16

Competitive Comparison of Beazley's Cyclically Adjusted Price-to-FCF

For the Insurance - Specialty subindustry, Beazley'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.


Beazley's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Beazley's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Beazley 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.

Beazley's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.85/0.66
=11.89

* 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.

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

For example, Beazley'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)
=0.498/130.0000*130.0000
=0.498

Current CPI (Dec23) = 130.0000.

Beazley Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.425 99.900 0.553
201512 0.357 100.400 0.462
201612 0.351 102.200 0.446
201712 0.465 105.000 0.576
201812 0.504 107.100 0.612
201912 0.829 108.500 0.993
202012 0.761 109.400 0.904
202112 1.868 114.700 2.117
202212 -0.247 125.300 -0.256
202312 0.498 130.000 0.498

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.


Beazley  (OTCPK:BZLYF) 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.


Beazley Cyclically Adjusted Price-to-FCF Related Terms

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


Beazley (Beazley) Business Description

Industry
Traded in Other Exchanges
Address
22 Bishopsgate, London, GBR, EC2N 4BQ
Beazley PLC is a specialty insurer providing services to customers in the United States, United Kingdom, and Europe. It operates through the following segments: Cyber & Executive Risk; Marine; Market Facilities; Political, Accident, & Contingency; Property; Reinsurance; and Specialty Lines. More than half of its revenue comes from the Cyber & Executive Risk and Specialty Lines businesses that cater to the customers in fields such as architecture & engineering, healthcare, law, environmental services, international finance, cyber & technology, media, and business services. The majority of its revenue is derived from the United Kingdom with plans to expand business in Latin America, North America, and Southeast Asia.