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Green Brick Partners (Green Brick Partners) Cyclically Adjusted Price-to-FCF : 617.67 (As of Apr. 27, 2024)


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What is Green Brick Partners Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Green Brick Partners's current share price is $55.59. Green Brick Partners's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.09. Green Brick Partners's Cyclically Adjusted Price-to-FCF for today is 617.67.

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

GRBK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.27   Med: 100.94   Max: 1756
Current: 621.31

During the past years, Green Brick Partners's highest Cyclically Adjusted Price-to-FCF was 1756.00. The lowest was 11.27. And the median was 100.94.

GRBK's Cyclically Adjusted Price-to-FCF is ranked worse than
100% of 48 companies
in the Homebuilding & Construction industry
Industry Median: 16.085 vs GRBK: 621.31

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.

Green Brick Partners's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.489. 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 $0.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Brick Partners Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Green Brick Partners'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.

Green Brick Partners Cyclically Adjusted Price-to-FCF Chart

Green Brick Partners 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 21.06 301.06 - - 592.56

Green Brick Partners 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 - 37,410.34 619.77 1,244.94 592.56

Competitive Comparison of Green Brick Partners's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, Green Brick Partners'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.


Green Brick Partners's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Green Brick Partners's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Green Brick Partners 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.

Green Brick Partners's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=55.59/0.09
=617.67

* 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.

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

For example, Green Brick Partners'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)
=-0.489/129.4194*129.4194
=-0.489

Current CPI (Dec. 2023) = 129.4194.

Green Brick Partners Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.349 99.695 -0.453
201406 -0.261 100.560 -0.336
201409 -0.123 100.428 -0.159
201412 0.241 99.070 0.315
201503 -0.328 99.621 -0.426
201506 -0.058 100.684 -0.075
201509 -0.217 100.392 -0.280
201512 -0.471 99.792 -0.611
201603 -0.337 100.470 -0.434
201606 0.202 101.688 0.257
201609 0.051 101.861 0.065
201612 -0.025 101.863 -0.032
201703 0.338 102.862 0.425
201706 -0.261 103.349 -0.327
201709 -0.539 104.136 -0.670
201712 0.102 104.011 0.127
201803 -0.411 105.290 -0.505
201806 0.145 106.317 0.177
201809 -0.524 106.507 -0.637
201812 -0.051 105.998 -0.062
201903 -0.194 107.251 -0.234
201906 -0.239 108.070 -0.286
201909 -0.023 108.329 -0.027
201912 -0.031 108.420 -0.037
202003 0.002 108.902 0.002
202006 0.744 108.767 0.885
202009 0.483 109.815 0.569
202012 -0.592 109.897 -0.697
202103 -0.172 111.754 -0.199
202106 -2.182 114.631 -2.463
202109 0.076 115.734 0.085
202112 0.428 117.630 0.471
202203 -0.284 121.301 -0.303
202206 1.298 125.017 1.344
202209 -0.396 125.227 -0.409
202212 1.267 125.222 1.309
202303 3.304 127.348 3.358
202306 1.184 128.729 1.190
202309 0.450 129.860 0.448
202312 -0.489 129.419 -0.489

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.


Green Brick Partners  (NYSE:GRBK) 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.


Green Brick Partners Cyclically Adjusted Price-to-FCF Related Terms

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


Green Brick Partners (Green Brick Partners) Business Description

Traded in Other Exchanges
Address
2805 Dallas Parkway, Suite 400, Plano, TX, USA, 75093
Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of company's revenue is generated from the builder operations central segment that is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.
Executives
David Einhorn director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Jed Dolson officer: See Remarks 3131 HARVARD AVENUE, SUTE 103, DALLAS TX 75205
Dme Capital Management, Lp director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c. director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Greenlight Capital Inc director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Elizabeth Blake director BIOFUEL ENERGY CORP., 1600 BROADWAY SUITE 2200, DENVER CO 80202
Harry Brandler director 2 GRAND CENTRAL TOWER, 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Kathleen Olsen director 4 BROOKSIDE DRIVE, PORT WASHINGTON NY 11050
Richard S Press director 101 BOGLE STREET, WESTON MA 02493
Richard Arthur Costello officer: Chief Financial Officer 2805 DALLAS PARKWAY, SUITE 400, PLANO TX 75093
Neal J Suit officer: General Counsel & EVP C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Lila A Murphy director 2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
John R Farris director P.O. BOX 309, FRANKFORT KY 40602-0309
Summer Loveland officer: Chief Accounting Officer 2805 DALLAS PARKWAY, SUITE 400, PLANO TX 75093