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Vector Group (Vector Group) Cyclically Adjusted Price-to-FCF : 8.42 (As of Apr. 28, 2024)


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What is Vector Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Vector Group's current share price is $10.27. Vector Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.22. Vector Group's Cyclically Adjusted Price-to-FCF for today is 8.42.

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

VGR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.15   Med: 14.87   Max: 27.08
Current: 8.44

During the past years, Vector Group's highest Cyclically Adjusted Price-to-FCF was 27.08. The lowest was 7.15. And the median was 14.87.

VGR's Cyclically Adjusted Price-to-FCF is ranked better than
62.5% of 24 companies
in the Tobacco Products industry
Industry Median: 10.585 vs VGR: 8.44

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.

Vector Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.863. 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 $1.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vector Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vector Group'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.

Vector Group Cyclically Adjusted Price-to-FCF Chart

Vector Group 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 14.48 10.42 11.58 10.88 9.27

Vector Group 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 10.88 10.03 10.17 8.19 9.27

Competitive Comparison of Vector Group's Cyclically Adjusted Price-to-FCF

For the Tobacco subindustry, Vector Group'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.


Vector Group's Cyclically Adjusted Price-to-FCF Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Vector Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Vector Group 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.

Vector Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.27/1.22
=8.42

* 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.

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

For example, Vector Group'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)
=-0.863/129.4194*129.4194
=-0.863

Current CPI (Dec. 2023) = 129.4194.

Vector Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.359 99.695 -0.466
201406 0.688 100.560 0.885
201409 0.269 100.428 0.347
201412 0.034 99.070 0.044
201503 0.033 99.621 0.043
201506 0.514 100.684 0.661
201509 0.374 100.392 0.482
201512 0.008 99.792 0.010
201603 -0.062 100.470 -0.080
201606 0.557 101.688 0.709
201609 0.216 101.861 0.274
201612 -0.218 101.863 -0.277
201703 0.160 102.862 0.201
201706 0.587 103.349 0.735
201709 0.560 104.136 0.696
201712 -0.542 104.011 -0.674
201803 0.251 105.290 0.309
201806 0.526 106.317 0.640
201809 0.570 106.507 0.693
201812 -0.226 105.998 -0.276
201903 0.106 107.251 0.128
201906 0.518 108.070 0.620
201909 0.637 108.329 0.761
201912 -0.502 108.420 -0.599
202003 0.751 108.902 0.892
202006 1.489 108.767 1.772
202009 -0.166 109.815 -0.196
202012 -0.403 109.897 -0.475
202103 0.502 111.754 0.581
202106 0.930 114.631 1.050
202109 0.537 115.734 0.600
202112 -0.384 117.630 -0.422
202203 0.482 121.301 0.514
202206 0.881 125.017 0.912
202209 0.732 125.227 0.757
202212 -0.973 125.222 -1.006
202303 0.750 127.348 0.762
202306 0.624 128.729 0.627
202309 0.792 129.860 0.789
202312 -0.863 129.419 -0.863

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.


Vector Group  (NYSE:VGR) 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.


Vector Group Cyclically Adjusted Price-to-FCF Related Terms

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


Vector Group (Vector Group) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137
Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley-- primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.
Executives
Bennett S Lebow director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Kirkland J Bryant Iii officer: VP, Treasurer & CFO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen officer: EVP 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Ronald J Bernstein director, officer: President Subsidiary 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Paul V Carlucci director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Wilson White director C/O VECTOR GROUP LTD, 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI FL 33137
James D Ballard officer: See Remarks 4400 BISCAYNE BLVD., TENTH FLOOR, MIAMI FL 33137
Nicholas P Anson officer: President Subsidiary C/0 LIGGETT VECTOR BRANDS LLC, 3800 PARAMOUNT PARKWAY, MORRISVILLE NC 27560
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Howard M Lorber director, officer: President and CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Barry Watkins director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Jeffrey Podell director 7338 FLORANADA WAY, DELRAY BEACH FL 33446
Henry C Beinstein director 8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Stanley Samuel Arkin director 750 LEXINGTON AVENUE, FLOOR 25, NEW YORK NY 10022
Jean E Sharpe director

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