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Pioneer Floating Rate Trust Price-to-Free-Cash-Flow

: 9.24 (As of Today)
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As of today (2020-09-26), Pioneer Floating Rate Trust's share price is $10.26. Pioneer Floating Rate Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in May. 2020 was $1.11. Hence, Pioneer Floating Rate Trust's Price-to-Free-Cash-Flow Ratio for today is 9.24.

NYSE:PHD' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 6.5   Med: 13.85   Max: 16.12
Current: 4.61

6.5
16.12

During the past 3 years, Pioneer Floating Rate Trust's highest Price-to-Free-Cash-Flow Ratio was 16.12. The lowest was 6.50. And the median was 13.85.

NYSE:PHD's Price-to-Free-Cash-Flow is ranked higher than
77% of the 682 Companies
in the Asset Management industry.

( Industry Median: 12.53 vs. NYSE:PHD: 4.61 )

Pioneer Floating Rate Trust's Free Cash Flow per Share for the six months ended in May. 2020 was $1.69. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.11.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Pioneer Floating Rate Trust was 46.20% per year.


Pioneer Floating Rate Trust Price-to-Free-Cash-Flow Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Pioneer Floating Rate Trust Annual Data
Nov17 Nov18 Nov19
Price-to-Free-Cash-Flow 15.71 13.70 9.49

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20
Price-to-Free-Cash-Flow Premium Member Only 0.00 13.70 0.00 9.49 0.00

Competitive Comparison
* 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.


Pioneer Floating Rate Trust Price-to-Free-Cash-Flow Distribution

* The bar in red indicates where Pioneer Floating Rate Trust's Price-to-Free-Cash-Flow falls into.



Pioneer Floating Rate Trust Price-to-Free-Cash-Flow Calculation

Pioneer Floating Rate Trust's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=10.26/1.11
=9.24

Pioneer Floating Rate Trust's Share Price of today is $10.26.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pioneer Floating Rate Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in May. 2020 was $1.11.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Pioneer Floating Rate Trust  (NYSE:PHD) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Pioneer Floating Rate Trust Price-to-Free-Cash-Flow Related Terms


Pioneer Floating Rate Trust Price-to-Free-Cash-Flow Headlines

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