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Pactiv Evergreen (Pactiv Evergreen) Cyclically Adjusted Price-to-FCF : 9.83 (As of Apr. 27, 2024)


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What is Pactiv Evergreen Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Pactiv Evergreen's current share price is $15.53. Pactiv Evergreen's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $1.58. Pactiv Evergreen's Cyclically Adjusted Price-to-FCF for today is 9.83.

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

PTVE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.35   Med: 8.39   Max: 9.68
Current: 9.68

During the past 11 years, Pactiv Evergreen's highest Cyclically Adjusted Price-to-FCF was 9.68. The lowest was 5.35. And the median was 8.39.

PTVE's Cyclically Adjusted Price-to-FCF is ranked better than
73.46% of 162 companies
in the Packaging & Containers industry
Industry Median: 15.98 vs PTVE: 9.68

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.

Pactiv Evergreen's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $1.393. 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 $1.58 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pactiv Evergreen Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pactiv Evergreen'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.

Pactiv Evergreen Cyclically Adjusted Price-to-FCF Chart

Pactiv Evergreen 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 - - - 7.92 8.70

Pactiv Evergreen 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 7.92 - - - 8.70

Competitive Comparison of Pactiv Evergreen's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, Pactiv Evergreen'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.


Pactiv Evergreen's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pactiv Evergreen's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pactiv Evergreen 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.

Pactiv Evergreen's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.53/1.58
=9.83

* 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.

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

For example, Pactiv Evergreen'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)
=1.393/129.4194*129.4194
=1.393

Current CPI (Dec23) = 129.4194.

Pactiv Evergreen Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.105 99.070 1.444
201512 1.555 99.792 2.017
201612 3.144 101.863 3.995
201712 2.449 104.011 3.047
201812 2.079 105.998 2.538
201912 1.521 108.420 1.816
202012 -1.074 109.897 -1.265
202112 -0.118 117.630 -0.130
202212 0.874 125.222 0.903
202312 1.393 129.419 1.393

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.


Pactiv Evergreen  (NAS:PTVE) 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.


Pactiv Evergreen Cyclically Adjusted Price-to-FCF Related Terms

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


Pactiv Evergreen (Pactiv Evergreen) Business Description

Traded in Other Exchanges
Address
1900 West Field Court, Lake Forest, IL, USA, 60045
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.
Executives
Allen Hugli director C/O RANK GROUP, LEVEL II, 148 QUAY ST, AUCKLAND Q2 00000
Duncan Hawkesby director C/O PACTIV EVERGREEN INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
Tim A. Levenda officer: President, Foodservice 1900 W. FIELD COURT, LAKE FOREST IL 60045
Jonathan Baksht officer: Chief Financial Officer 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Eric Wulf officer: President, Food Merchandising 1900 W. FIELD COURT, LAKE FOREST IL 60045
Chandra J Mitchell officer: Chief Legal Officer & Sec. C/O 7 ACQUISITION CORPORATION, 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Douglas Owenby officer: Chief Operations Officer C/O PACTIV EVERGREEN INC, 1900 W FIELD COURT, LAKE FOREST IL 60045
Byron Jason Racki officer: Pres., Beverage Merchandising 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Michael Jack King director 1900 W. FIELD COURT, LAKE FOREST IL 60045
Rolf Stangl director 1900 W. FIELD COURT, LAKE FOREST IL 60045
John P. Rooney officer: Pres, Beverage Merchandising 1900 W. FIELD COURT, LAKE FOREST IL 60045
Michael Ragen officer: COO and CFO 1900 W. FIELD COURT, LAKE FOREST IL 60045
Jonathan D Rich director 1144 EAST MARKET STREET, AKRON OH 44316-0001
John T. Mcgrath director, officer: Chief Executive Officer 1900 W. FIELD COURT, LAKE FOREST IL 60045
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726