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British Land Co (British Land Co) Cyclically Adjusted Price-to-FCF : 28.13 (As of May. 22, 2024)


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What is British Land Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), British Land Co's current share price is $4.50. British Land Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was $0.16. British Land Co's Cyclically Adjusted Price-to-FCF for today is 28.13.

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

BRLAF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.71   Med: 47.1   Max: 210
Current: 30.45

During the past 13 years, British Land Co's highest Cyclically Adjusted Price-to-FCF was 210.00. The lowest was 22.71. And the median was 47.10.

BRLAF's Cyclically Adjusted Price-to-FCF is ranked worse than
82.22% of 388 companies
in the REITs industry
Industry Median: 11.6 vs BRLAF: 30.45

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.

British Land Co's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was $0.041. 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 $0.16 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


British Land Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for British Land Co'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.

British Land Co Cyclically Adjusted Price-to-FCF Chart

British Land Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 224.08 51.86 45.64 46.77 29.28

British Land Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 46.77 - 29.28 -

Competitive Comparison of British Land Co's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, British Land Co'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.


British Land Co's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, British Land Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



British Land Co 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.

British Land Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.50/0.16
=28.13

* 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.

British Land Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, British Land Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.041/126.8000*126.8000
=0.041

Current CPI (Mar23) = 126.8000.

British Land Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.073 99.300 0.093
201503 0.187 99.600 0.238
201603 0.050 100.400 0.063
201703 0.156 102.700 0.193
201803 0.341 105.100 0.411
201903 0.536 107.000 0.635
202003 0.153 108.600 0.179
202103 -0.034 109.700 -0.039
202203 -0.020 116.500 -0.022
202303 0.041 126.800 0.041

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.


British Land Co  (OTCPK:BRLAF) 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.


British Land Co Cyclically Adjusted Price-to-FCF Related Terms

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


British Land Co (British Land Co) Business Description

Industry
Traded in Other Exchanges
Address
45 Seymour Street, York House, London, GBR, W1H 7LX
British Land Co PLC is a real estate investment trust that owns, manages, and develops a portfolio of properties across the United Kingdom. The REIT categorizes its portfolio into three types: Offices, Retail, and Canada Water. The retail and leisure portfolio, which accounts for approximately half of total assets, consists of retail stores, shopping centers, and leisure venues. The offices and residential portfolio focuses on offices and residential buildings in London and the West End region and also accounts for approximately half of the entire portfolio. Development, the remaining small portion of portfolio value, represents British Land's London-based development projects.

British Land Co (British Land Co) Headlines

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