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Portland General Electric Co (FRA:49P) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Portland General Electric Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Portland General Electric Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Portland General Electric 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.

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Portland General Electric Co Cyclically Adjusted Price-to-FCF Chart

Portland General Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Portland General Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Portland General Electric Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Portland General Electric 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.


Portland General Electric Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Portland General Electric Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Portland General Electric Co's Cyclically Adjusted Price-to-FCF falls into.



Portland General Electric 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.

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

For example, Portland General Electric Co'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)
=-1.36/131.7762*131.7762
=-1.360

Current CPI (Mar. 2024) = 131.7762.

Portland General Electric Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.581 100.560 -2.072
201409 -1.470 100.428 -1.929
201412 -1.344 99.070 -1.788
201503 -0.499 99.621 -0.660
201506 -0.232 100.684 -0.304
201509 0.522 100.392 0.685
201512 -0.667 99.792 -0.881
201603 0.303 100.470 0.397
201606 -0.110 101.688 -0.143
201609 0.240 101.861 0.310
201612 -0.688 101.863 -0.890
201703 0.588 102.862 0.753
201706 0.320 103.349 0.408
201709 0.584 104.136 0.739
201712 -0.632 104.011 -0.801
201803 0.573 105.290 0.717
201806 0.086 106.317 0.107
201809 0.605 106.507 0.749
201812 -0.979 105.998 -1.217
201903 0.059 107.251 0.072
201906 0.366 108.070 0.446
201909 0.527 108.329 0.641
201912 -1.557 108.420 -1.892
202003 -0.071 108.902 -0.086
202006 -0.069 108.767 -0.084
202009 -0.882 109.815 -1.058
202012 -1.008 109.897 -1.209
202103 0.140 111.754 0.165
202106 -0.602 114.631 -0.692
202109 1.386 115.734 1.578
202112 -1.976 117.630 -2.214
202203 0.832 121.301 0.904
202206 0.254 125.017 0.268
202209 -0.824 125.227 -0.867
202212 -1.308 125.222 -1.376
202303 -3.158 127.348 -3.268
202306 -1.106 128.729 -1.132
202309 -1.576 129.860 -1.599
202312 -3.059 129.419 -3.115
202403 -1.360 131.776 -1.360

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.


Portland General Electric Co  (FRA:49P) 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.


Portland General Electric Co Cyclically Adjusted Price-to-FCF Related Terms

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Portland General Electric Co (FRA:49P) Business Description

Traded in Other Exchanges
Address
121 South West Salmon Street, Portland, OR, USA, 97204
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 926,000 customers across a service territory that includes about half of all Oregon residents and two thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.3 gigawatts of gas, coal, wind, and hydro generation.

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