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PBF Energy (PBF Energy) Cyclically Adjusted Price-to-FCF : 10.52 (As of Apr. 27, 2024)


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What is PBF Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), PBF Energy's current share price is $57.78. PBF Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.49. PBF Energy's Cyclically Adjusted Price-to-FCF for today is 10.52.

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

PBF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.11   Med: 4.9   Max: 11.99
Current: 10.47

During the past years, PBF Energy's highest Cyclically Adjusted Price-to-FCF was 11.99. The lowest was 1.11. And the median was 4.90.

PBF's Cyclically Adjusted Price-to-FCF is ranked better than
61.99% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs PBF: 10.47

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.

PBF Energy's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.760. 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 $5.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PBF Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PBF Energy'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.

PBF Energy Cyclically Adjusted Price-to-FCF Chart

PBF Energy 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 - 1.68 3.05 10.16 8.00

PBF Energy 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 10.16 10.78 7.62 9.83 8.00

Competitive Comparison of PBF Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, PBF Energy'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.


PBF Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PBF Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PBF Energy 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.

PBF Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=57.78/5.49
=10.52

* 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.

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

For example, PBF Energy'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)
=1.76/129.4194*129.4194
=1.760

Current CPI (Dec. 2023) = 129.4194.

PBF Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.665 99.695 4.758
201406 -2.187 100.560 -2.815
201409 0.548 100.428 0.706
201412 -1.372 99.070 -1.792
201503 0.328 99.621 0.426
201506 0.693 100.684 0.891
201509 -1.553 100.392 -2.002
201512 2.503 99.792 3.246
201603 -0.652 100.470 -0.840
201606 1.628 101.688 2.072
201609 0.865 101.861 1.099
201612 1.523 101.863 1.935
201703 -2.529 102.862 -3.182
201706 -0.661 103.349 -0.828
201709 3.531 104.136 4.388
201712 2.836 104.011 3.529
201803 -0.958 105.290 -1.178
201806 2.599 106.317 3.164
201809 2.789 106.507 3.389
201812 -0.061 105.998 -0.074
201903 -2.090 107.251 -2.522
201906 0.183 108.070 0.219
201909 2.934 108.329 3.505
201912 3.328 108.420 3.973
202003 -2.522 108.902 -2.997
202006 -3.690 108.767 -4.391
202009 -1.683 109.815 -1.983
202012 1.017 109.897 1.198
202103 -0.423 111.754 -0.490
202106 0.256 114.631 0.289
202109 1.678 115.734 1.876
202112 0.354 117.630 0.389
202203 1.612 121.301 1.720
202206 14.711 125.017 15.229
202209 9.597 125.227 9.918
202212 6.668 125.222 6.892
202303 1.471 127.348 1.495
202306 -1.067 128.729 -1.073
202309 3.054 129.860 3.044
202312 1.760 129.419 1.760

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.


PBF Energy  (NYSE:PBF) 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.


PBF Energy Cyclically Adjusted Price-to-FCF Related Terms

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


PBF Energy (PBF Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PBF Energy Inc (NYSE:PBF) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
One Sylvan Way, Second Floor, Parsippany, NJ, USA, 07054
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.
Executives
Control Empresarial De Capitales S.a. De C.v. 10 percent owner, other: Add'l Rep. Persons-see Ex.99-1 INSURGENTES SUR #3500, PB, COL. PENA POBRE, DELEGACION TLALPAN, CP, MEXICO D.F. O5 14060
Trecia M Canty officer: SVP and General Counsel 1 SYLVAN WAY, 2ND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
James E. Fedena officer: Senior Vice President 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
O Connor Thomas L officer: Senior Vice President ONE SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Damian W. Wilmot director C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Georganne Hodges director 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
Lawrence Michael Ziemba director 600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
Matthew C. Lucey officer: President C/O PBF ENERGY INC., ONE SYLVAN WAY, PARSIPPANY NJ 07054
S Eugene Edwards director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
John C Barone officer: Principal Accounting Officer 1 SYLVAN WAY, SECOND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
George E. Ogden director 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Karen Berriman Davis director 123 WEST MILLS AVENUE, SUITE 200, EL PASO TX 79901
Thomas J. Nimbley director, officer: Chief Executive Officer C/O PBF ENERGY INC., ONE SYLVAN WAY, PARSIPPANY NJ 07054
C Erik Young officer: Chief Financial Officer, SVP C/O PBF ENERGY INC., 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Tai Wendy Ho officer: Senior Vice President, HR ONE SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054