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CME Group (CME Group) Cyclically Adjusted Price-to-FCF : 29.26 (As of Apr. 27, 2024)


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

As of today (2024-04-27), CME Group's current share price is $210.94. CME Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $7.21. CME Group's Cyclically Adjusted Price-to-FCF for today is 29.26.

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

CME' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.43   Med: 31.08   Max: 48.6
Current: 29.27

During the past years, CME Group's highest Cyclically Adjusted Price-to-FCF was 48.60. The lowest was 21.43. And the median was 31.08.

CME's Cyclically Adjusted Price-to-FCF is ranked worse than
66.97% of 221 companies
in the Capital Markets industry
Industry Median: 19.29 vs CME: 29.27

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.

CME Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.846. 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 $7.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CME Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CME 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.

* Premium members only.

CME Group Cyclically Adjusted Price-to-FCF Chart

CME Group 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 41.82 35.40 39.96 25.87 29.22

CME Group 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 28.54 27.14 28.26 29.22 -

Competitive Comparison of CME Group's Cyclically Adjusted Price-to-FCF

For the Financial Data & Stock Exchanges subindustry, CME 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.


CME Group's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CME Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CME 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=210.94/7.21
=29.26

* 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.

CME Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CME Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.846/129.4194*129.4194
=2.846

Current CPI (Dec. 2023) = 129.4194.

CME Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.032 99.695 1.340
201406 0.390 100.560 0.502
201409 0.617 100.428 0.795
201412 1.384 99.070 1.808
201503 1.148 99.621 1.491
201506 0.679 100.684 0.873
201509 1.283 100.392 1.654
201512 1.086 99.792 1.408
201603 1.506 100.470 1.940
201606 0.603 101.688 0.767
201609 1.343 101.861 1.706
201612 1.387 101.863 1.762
201703 1.469 102.862 1.848
201706 0.725 103.349 0.908
201709 1.445 104.136 1.796
201712 1.267 104.011 1.577
201803 2.368 105.290 2.911
201806 1.500 106.317 1.826
201809 1.617 106.507 1.965
201812 1.291 105.998 1.576
201903 1.732 107.251 2.090
201906 1.120 108.070 1.341
201909 2.100 108.329 2.509
201912 1.823 108.420 2.176
202003 1.993 108.902 2.368
202006 2.651 108.767 3.154
202009 0.734 109.815 0.865
202012 1.646 109.897 1.938
202103 1.600 111.754 1.853
202106 1.282 114.631 1.447
202109 1.671 115.734 1.869
202112 1.785 117.630 1.964
202203 2.160 121.301 2.305
202206 1.670 125.017 1.729
202209 1.764 125.227 1.823
202212 2.665 125.222 2.754
202303 2.469 127.348 2.509
202306 1.753 128.729 1.762
202309 2.327 129.860 2.319
202312 2.846 129.419 2.846

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.


CME Group  (NAS:CME) 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.


CME Group Cyclically Adjusted Price-to-FCF Related Terms

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


CME Group (CME Group) Business Description

Industry
Address
20 South Wacker Drive, Chicago, IL, USA, 60606
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The CME was founded in 1898 and in 2002 completed its initial public offering. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival, CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indices, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX in 2018 it has also expanded into cash foreign exchange, fixed income trading, and collateral optimization.
Executives
William R Shepard director 20 S. WACKER DR, CHICAGO IL 60606
Bryan T Durkin officer: MD & COO 20 S. WACKER DRIVE, CHICAGO IL 60606
Derek Sammann officer: Managing Dir Financial Product 20 S. WACKER DRIVE, CHICAGO IL 60606
Dennis Suskind director ONE NORTH END AVENUE, WORLD FINANCIAL CENTER, NEW YORK NY 10282
Suzanne Sprague officer: Sr MD Global Head of Clearing 20 SOUTH WACKER DRIVE, 18S, CHICAGO IL 60606
Timothy Francis Mccourt officer: Sr MD Global Head Equity & FX 20 S WACKER DRIVE, CHICAGO IL 60606
Elizabeth A Cook director 20 S. WACKER DRIVE, CHICAGO IL 60606
Martin J Gepsman director 20 S. WACKER DR, CHICAGO IL 60606
Terrence A Duffy director 20 S. WACKER DR, CHICAGO IL 60606
Julie Holzrichter officer: MD Operations 20 S. WACKER DRIVE, CHICAGO IL 60606
Timothy S. Bitsberger director 20 S. WACKER DRIVE, CHICAGO IL 60606
Julie Winkler officer: Chief Commercial Officer 20 S. WACKER DR., CHICAGO IL 60606
Daniel R Glickman director 20 S. WACKER DR, CHICAGO IL 60606
Hilda Harris Piell officer: MD, Organizational Development 20 S. WACKER DRIVE, CHICAGO IL 60606
Sunil Cutinho officer: President, CME Clearing 20 S. WACKER DR., CHICAGO IL 60606