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BlackRock Greater Europe Investment Trust (LSE:BRGE) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is BlackRock Greater Europe Investment Trust Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackRock Greater Europe Investment Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BlackRock Greater Europe Investment 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.

BlackRock Greater Europe Investment Trust Cyclically Adjusted Price-to-FCF Chart

BlackRock Greater Europe Investment Trust Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.93 41.03 302.52 291.00 -

BlackRock Greater Europe Investment Trust Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 302.52 - 291.00 - -

Competitive Comparison of BlackRock Greater Europe Investment Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, BlackRock Greater Europe Investment 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.


BlackRock Greater Europe Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Greater Europe Investment Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BlackRock Greater Europe Investment Trust's Cyclically Adjusted Price-to-FCF falls into.



BlackRock Greater Europe Investment 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.

BlackRock Greater Europe Investment Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 is calculated as:

For example, BlackRock Greater Europe Investment Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=-0.254/129.4000*129.4000
=-0.254

Current CPI (Aug23) = 129.4000.

BlackRock Greater Europe Investment Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 0.019 99.900 0.025
201508 0.167 100.300 0.215
201608 0.063 101.200 0.081
201708 0.196 104.000 0.244
201808 0.393 106.500 0.478
201908 0.199 108.300 0.238
202008 -0.157 108.800 -0.187
202108 -0.822 112.100 -0.949
202208 -0.031 121.800 -0.033
202308 -0.254 129.400 -0.254

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.


BlackRock Greater Europe Investment Trust  (LSE:BRGE) 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.


BlackRock Greater Europe Investment Trust Cyclically Adjusted Price-to-FCF Related Terms

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BlackRock Greater Europe Investment Trust (LSE:BRGE) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, Drapers Gardens, London, GBR, EC2N 2DL
BlackRock Greater Europe Investment Trust PLC is a investment trust. Its primary objective is to achieve capital growth, primarily through investment in a focused portfolio constructed from a combination of the European securities of large, mid and small capitalization. It has the flexibility to invest in any country which is included in the FTSE World Europe ex UK Index as well as other developing countries not included in the Index and which is considered as a part of Europe. Its investment policy is to invest in a diverse portfolio of approximately 30-70 securities in larger capitalization companies. The company may also invest nearly 20% of the portfolio in debt securities, such as convertible bonds and corporate bonds.

BlackRock Greater Europe Investment Trust (LSE:BRGE) Headlines

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