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Citigroup (WBO:CITI) Cyclically Adjusted Price-to-FCF : 17.65 (As of Apr. 27, 2024)


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What is Citigroup Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Citigroup's current share price is €58.23. Citigroup's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €3.30. Citigroup's Cyclically Adjusted Price-to-FCF for today is 17.65.

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

WBO:CITI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.29   Med: 7.71   Max: 2599.5
Current: 16.92

During the past years, Citigroup's highest Cyclically Adjusted Price-to-FCF was 2599.50. The lowest was 2.29. And the median was 7.71.

WBO:CITI's Cyclically Adjusted Price-to-FCF is ranked worse than
85.68% of 831 companies
in the Banks industry
Industry Median: 7.47 vs WBO:CITI: 16.92

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.

Citigroup's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €-3.042. 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 €3.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citigroup Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Citigroup'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.

Citigroup Cyclically Adjusted Price-to-FCF Chart

Citigroup 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 7.81 7.98 7.63 4.52 14.09

Citigroup Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.25 11.69 9.99 14.09 -

Competitive Comparison of Citigroup's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, Citigroup'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.


Citigroup's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citigroup's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Citigroup 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=58.23/3.3
=17.65

* 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.

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

For example, Citigroup'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)
=-3.042/129.4194*129.4194
=-3.042

Current CPI (Dec. 2023) = 129.4194.

Citigroup Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 6.825 99.695 8.860
201406 -1.205 100.560 -1.551
201409 2.505 100.428 3.228
201412 2.515 99.070 3.285
201503 0.411 99.621 0.534
201506 4.572 100.684 5.877
201509 6.546 100.392 8.439
201512 -0.727 99.792 -0.943
201603 -0.378 100.470 -0.487
201606 6.388 101.688 8.130
201609 2.027 101.861 2.575
201612 8.332 101.863 10.586
201703 -1.298 102.862 -1.633
201706 -6.310 103.349 -7.902
201709 5.408 104.136 6.721
201712 -2.001 104.011 -2.490
201803 1.894 105.290 2.328
201806 0.217 106.317 0.264
201809 7.168 106.507 8.710
201812 2.120 105.998 2.588
201903 -14.408 107.251 -17.386
201906 -1.149 108.070 -1.376
201909 0.563 108.329 0.673
201912 8.950 108.420 10.683
202003 -11.129 108.902 -13.226
202006 2.329 108.767 2.771
202009 -1.633 109.815 -1.925
202012 -0.934 109.897 -1.100
202103 8.962 111.754 10.379
202106 -0.231 114.631 -0.261
202109 14.507 115.734 16.222
202112 -5.926 117.630 -6.520
202203 -4.784 121.301 -5.104
202206 10.752 125.017 11.131
202209 -1.648 125.227 -1.703
202212 5.236 125.222 5.412
202303 -15.274 127.348 -15.522
202306 -26.045 128.729 -26.185
202309 6.770 129.860 6.747
202312 -3.042 129.419 -3.042

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.


Citigroup  (WBO:CITI) 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.


Citigroup Cyclically Adjusted Price-to-FCF Related Terms

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


Citigroup (WBO:CITI) Business Description

Industry
Address
388 Greenwich Street, New York, NY, USA, 10013
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.

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