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


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What is CRH Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRH Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CRH'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.

CRH Cyclically Adjusted Price-to-FCF Chart

CRH 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 25.46 24.58 25.65 15.86 24.38

CRH 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 25.65 - 15.86 - 24.38

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

For the Building Materials subindustry, CRH'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.


CRH's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, CRH's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CRH 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.

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

For example, CRH'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)
=4.297/120.1096*120.1096
=4.297

Current CPI (Dec23) = 120.1096.

CRH Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.321 99.576 1.593
201512 1.829 99.676 2.204
201612 1.875 99.676 2.259
201712 1.634 100.075 1.961
201812 1.102 100.773 1.313
201912 3.104 102.068 3.653
202012 3.719 101.072 4.420
202112 3.082 106.653 3.471
202212 2.980 115.425 3.101
202312 4.297 120.110 4.297

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.


CRH  (NYSE:CRH) 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.


CRH Cyclically Adjusted Price-to-FCF Related Terms

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


CRH (CRH) Business Description

Industry
Traded in Other Exchanges
Address
Stonemason’s Way, Rathfarnham, Dublin, IRL, D16 KH51
CRH is a global manufacturer of a range of building products used in construction projects, operating via a vertically integrated business model. The past decade has seen CRH transform into a leading building materials business, with increasing exposure to upstream building activities such as aggregates and cement. CRH's geographic footprint is mostly across developed markets. North America is CRH's largest market and accounts for 59% of sales. The company is the largest producer of aggregates and asphalt in the U.S.

CRH (CRH) Headlines

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