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Chicago Bridge & Iron Co NV (Chicago Bridge & Iron Co NV) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Chicago Bridge & Iron Co NV Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chicago Bridge & Iron Co NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chicago Bridge & Iron Co NV'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.

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Chicago Bridge & Iron Co NV Cyclically Adjusted Price-to-FCF Chart

Chicago Bridge & Iron Co NV Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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Chicago Bridge & Iron Co NV Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Chicago Bridge & Iron Co NV's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Chicago Bridge & Iron Co NV'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.


Chicago Bridge & Iron Co NV's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chicago Bridge & Iron Co NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chicago Bridge & Iron Co NV's Cyclically Adjusted Price-to-FCF falls into.



Chicago Bridge & Iron Co NV 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.

Chicago Bridge & Iron Co NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, Chicago Bridge & Iron Co NV's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=-2.421/102.4700*102.4700
=-2.421

Current CPI (Mar. 2018) = 102.4700.

Chicago Bridge & Iron Co NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200806 -1.046 89.580 -1.197
200809 -0.023 90.280 -0.026
200812 -1.172 89.090 -1.348
200903 -0.642 90.850 -0.724
200906 0.831 90.850 0.937
200909 0.497 90.620 0.562
200912 1.336 90.080 1.520
201003 0.097 91.770 0.108
201006 0.216 91.600 0.242
201009 0.394 92.050 0.439
201012 1.925 91.820 2.148
201103 -0.440 93.460 -0.482
201106 -0.058 93.570 -0.064
201109 2.159 94.530 2.340
201112 2.069 94.040 2.254
201203 0.490 95.780 0.524
201206 -0.553 95.570 -0.593
201209 0.947 96.720 1.003
201212 0.438 96.760 0.464
201303 -3.161 98.580 -3.286
201306 -0.133 98.320 -0.139
201309 0.802 99.080 0.829
201312 0.469 98.360 0.489
201403 -1.579 99.390 -1.628
201406 -2.386 99.240 -2.464
201409 0.034 99.960 0.035
201412 5.263 99.050 5.445
201503 -2.735 99.750 -2.810
201506 0.643 100.230 0.657
201509 0.010 100.500 0.010
201512 0.881 99.730 0.905
201603 1.235 100.310 1.262
201606 1.539 100.260 1.573
201609 1.602 100.570 1.632
201612 1.434 100.710 1.459
201703 -2.989 101.440 -3.019
201706 -1.958 101.370 -1.979
201709 -2.238 102.030 -2.248
201712 -2.242 101.970 -2.253
201803 -2.421 102.470 -2.421

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.


Chicago Bridge & Iron Co NV  (NYSE:CBI) 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.


Chicago Bridge & Iron Co NV Cyclically Adjusted Price-to-FCF Related Terms

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


Chicago Bridge & Iron Co NV (Chicago Bridge & Iron Co NV) Business Description

Traded in Other Exchanges
N/A
Address
Founded in 1889, Chicago Bridge & Iron provides a wide range of services, including conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services, to customers in the global energy infrastructure market. It also provides diversified government services. It generated 2017 adjusted revenue and adjusted EBIT of $5.8 billion and a loss of $180 million, respectively. CB&I employs 34,000 at active projects in more than 70 countries.
Executives
James H Miller director C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
W Craig Kissel director
Alexander Forbes I J director 10560 DR. MARTIN LUTHER KING JR. ST N, ST. PETERSBURG FL 33716-3718
Deborah M Fretz director 1801 MARKET STREET, PHILADELPHIA PA 19103
L Richard Flury director 2000 W SAM HOUSTON PKWY S, SUITE 2000, HOUSTON TX 77042
Richard W. Heo officer: Executive Vice President 2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380
Westley S. Stockton officer: VP, Controller, CAO 2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380
James R Bolch director C/O INGERSOLL-RAND COMPANY, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645
Marsha C Williams director EQUITY OFFICE PROPERTIES, CHICAGO IL 60606
Michael S Taff officer: Executive Vice President & CFO 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Larry D Mcvay director 2000 W SAM HOUSTON PKWY S, SUITE 2000, HOUSTON TX 77042
Philip K Asherman director, officer: President and CEO 1450 LAKE ROBBINS DR.,, SUITE 400, THE WOODLANDS TX 77380
Chandler Richard E Jr officer: EVP and Chief Legal Officer 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Sheila B Feldman officer: Executive Vice President
Ronald A Ballschmiede officer: Executive Vice President & CFO 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380

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