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Camden Property Trust (Camden Property Trust) Cyclically Adjusted Price-to-FCF : 66.41 (As of Apr. 27, 2024)


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What is Camden Property Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Camden Property Trust's current share price is $99.62. Camden Property Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.50. Camden Property Trust's Cyclically Adjusted Price-to-FCF for today is 66.41.

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

CPT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 59.56   Med: 124.51   Max: 1343.5
Current: 66.47

During the past years, Camden Property Trust's highest Cyclically Adjusted Price-to-FCF was 1343.50. The lowest was 59.56. And the median was 124.51.

CPT's Cyclically Adjusted Price-to-FCF is ranked worse than
93.08% of 390 companies
in the REITs industry
Industry Median: 11.545 vs CPT: 66.47

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.

Camden Property Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.693. 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 $1.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Camden Property Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Camden Property Trust'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.

Camden Property Trust Cyclically Adjusted Price-to-FCF Chart

Camden Property Trust 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 117.77 137.15 199.34 95.08 66.25

Camden Property Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 95.08 87.26 81.81 67.11 66.25

Competitive Comparison of Camden Property Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Residential subindustry, Camden Property Trust'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.


Camden Property Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Camden Property Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Camden Property Trust 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.

Camden Property Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=99.62/1.5
=66.41

* 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.

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

For example, Camden Property Trust'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)
=0.693/129.4194*129.4194
=0.693

Current CPI (Dec. 2023) = 129.4194.

Camden Property Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.181 99.695 -0.235
201406 -0.651 100.560 -0.838
201409 0.115 100.428 0.148
201412 -0.167 99.070 -0.218
201503 -0.218 99.621 -0.283
201506 -0.205 100.684 -0.264
201509 0.308 100.392 0.397
201512 0.246 99.792 0.319
201603 0.259 100.470 0.334
201606 0.447 101.688 0.569
201609 0.347 101.861 0.441
201612 0.059 101.863 0.075
201703 0.112 102.862 0.141
201706 0.497 103.349 0.622
201709 0.637 104.136 0.792
201712 0.224 104.011 0.279
201803 0.160 105.290 0.197
201806 0.403 106.317 0.491
201809 0.523 106.507 0.636
201812 0.429 105.998 0.524
201903 0.136 107.251 0.164
201906 -0.012 108.070 -0.014
201909 0.967 108.329 1.155
201912 0.393 108.420 0.469
202003 0.010 108.902 0.012
202006 0.498 108.767 0.593
202009 0.687 109.815 0.810
202012 -0.269 109.897 -0.317
202103 -0.019 111.754 -0.022
202106 0.569 114.631 0.642
202109 0.977 115.734 1.093
202112 -0.070 117.630 -0.077
202203 0.299 121.301 0.319
202206 0.436 125.017 0.451
202209 1.423 125.227 1.471
202212 0.561 125.222 0.580
202303 0.440 127.348 0.447
202306 1.120 128.729 1.126
202309 1.272 129.860 1.268
202312 0.693 129.419 0.693

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.


Camden Property Trust  (NYSE:CPT) 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.


Camden Property Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Camden Property Trust (Camden Property Trust) Business Description

Industry
Traded in Other Exchanges
Address
11 Greenway Plaza, Suite 2400, Houston, TX, USA, 77046
Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.
Executives
Alexander J. Jessett officer: Senior VP - Finance 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
William W. Sengelmann officer: SVP - Real Estate Investments 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Heather J. Brunner director 3900 N. CAPITAL OF TEXAS HIGHWAY, SUITE 300, AUSTIN TX 78746
Richard J Campo director, officer: Chairman and CEO C/O CAMDEN PROPERTY TRUST, 3 GREENWAY PLAZA STE 1300, HOUSTON TX 77046
Frances Aldrich Sevilla-sacasa director 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Michael P Gallagher officer: Vp & CAO 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Kelvin R Westbrook director MILLENNIUM DIGITAL MEDIA SYSTEMS L.L.C., 16305 SWINGLEY RIDGE ROAD, SUITE 100, ST. LOUIS MO 63017
Javier Benito director STARWOOD HOTELS & RESORTS WORLDWIDE, INC, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
D Keith Oden director, officer: President and COO C/O CAMDEN PROPERTY TRUST, 3 GREENWAY PLAZA STE 1300, HOUSTON TX 77046
Laurie Baker officer: SVP, Fund & Asset Management 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
H Malcolm Stewart officer: Executive Vice President C/O CAMDEN PROPERTY TRUST, 3 GREENWAY PLAZASTE 1300, HOUSTON TX 77046
Scott S Ingraham director
William F Paulsen director 400 NORTH CHURCH STREET, 213, CHARLOTTE NC 28202
Mark Gibson director C/O HFF, INC., 429 FOURTH AVENUE, SUITE 200, PITTSBURGH PA 15219
William B Mcguire director 1227 SCOTLAND AVE, CHARLOTTE NC 28207

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