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MetLife (WBO:METL) Cyclically Adjusted Price-to-FCF : 4.43 (As of May. 15, 2024)


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What is MetLife Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), MetLife's current share price is €67.31. MetLife's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €15.18. MetLife's Cyclically Adjusted Price-to-FCF for today is 4.43.

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

WBO:METL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.78   Med: 3.88   Max: 4.86
Current: 4.42

During the past years, MetLife's highest Cyclically Adjusted Price-to-FCF was 4.86. The lowest was 1.78. And the median was 3.88.

WBO:METL's Cyclically Adjusted Price-to-FCF is ranked better than
79.14% of 326 companies
in the Insurance industry
Industry Median: 11.16 vs WBO:METL: 4.42

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.

MetLife's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €2.940. 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 €15.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MetLife Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MetLife'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.

MetLife Cyclically Adjusted Price-to-FCF Chart

MetLife 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 3.72 3.33 4.07 4.55 4.04

MetLife 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 3.60 3.50 3.83 4.04 4.52

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

For the Insurance - Life subindustry, MetLife'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.


MetLife's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

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



MetLife 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=67.31/15.18
=4.43

* 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.

MetLife's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MetLife's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.94/129.4194*129.4194
=2.940

Current CPI (Mar. 2024) = 129.4194.

MetLife Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.859 100.560 3.680
201409 2.740 100.428 3.531
201412 3.835 99.070 5.010
201503 2.185 99.621 2.839
201506 3.318 100.684 4.265
201509 2.081 100.392 2.683
201512 3.705 99.792 4.805
201603 1.550 100.470 1.997
201606 3.443 101.688 4.382
201609 2.351 101.861 2.987
201612 4.832 101.863 6.139
201703 1.785 102.862 2.246
201706 2.797 103.349 3.503
201709 3.707 104.136 4.607
201712 1.631 104.011 2.029
201803 1.006 105.290 1.237
201806 4.689 106.317 5.708
201809 3.026 106.507 3.677
201812 1.158 105.998 1.414
201903 1.904 107.251 2.298
201906 2.217 108.070 2.655
201909 4.020 108.329 4.803
201912 5.040 108.420 6.016
202003 1.817 108.902 2.159
202006 0.823 108.767 0.979
202009 3.524 109.815 4.153
202012 4.675 109.897 5.505
202103 1.409 111.754 1.632
202106 2.173 114.631 2.453
202109 3.460 115.734 3.869
202112 5.331 117.630 5.865
202203 2.230 121.301 2.379
202206 5.102 125.017 5.282
202209 5.437 125.227 5.619
202212 2.750 125.222 2.842
202303 2.422 127.348 2.461
202306 3.644 128.729 3.664
202309 4.310 129.860 4.295
202312 6.395 129.419 6.395
202403 2.940 129.419 2.940

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.


MetLife  (WBO:METL) 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.


MetLife Cyclically Adjusted Price-to-FCF Related Terms

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


MetLife (WBO:METL) Business Description

Industry
Address
200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.

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