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Everest Group (FRA:ERE) Cyclically Adjusted Price-to-FCF : 6.16 (As of May. 23, 2024)


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What is Everest Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Everest Group's current share price is €361.30. Everest Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €58.64. Everest Group's Cyclically Adjusted Price-to-FCF for today is 6.16.

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

FRA:ERE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.28   Med: 9.46   Max: 13.02
Current: 6.24

During the past years, Everest Group's highest Cyclically Adjusted Price-to-FCF was 13.02. The lowest was 5.28. And the median was 9.46.

FRA:ERE's Cyclically Adjusted Price-to-FCF is ranked better than
71.88% of 313 companies
in the Insurance industry
Industry Median: 11.43 vs FRA:ERE: 6.24

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.

Everest Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €23.633. 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 €58.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Everest Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Everest Group'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.

Everest Group Cyclically Adjusted Price-to-FCF Chart

Everest Group 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 10.95 7.57 6.63 6.41 5.76

Everest Group 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 6.55 5.96 6.19 5.76 6.21

Competitive Comparison of Everest Group's Cyclically Adjusted Price-to-FCF

For the Insurance - Reinsurance subindustry, Everest Group'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.


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

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

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



Everest Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=361.30/58.64
=6.16

* 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.

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

For example, Everest Group'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)
=23.633/131.7762*131.7762
=23.633

Current CPI (Mar. 2024) = 131.7762.

Everest Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.584 100.560 4.697
201409 5.740 100.428 7.532
201412 2.317 99.070 3.082
201503 7.288 99.621 9.640
201506 3.650 100.684 4.777
201509 5.506 100.392 7.227
201512 6.569 99.792 8.674
201603 7.940 100.470 10.414
201606 6.537 101.688 8.471
201609 5.967 101.861 7.719
201612 9.845 101.863 12.736
201703 8.751 102.862 11.211
201706 5.499 103.349 7.012
201709 8.411 104.136 10.644
201712 2.453 104.011 3.108
201803 3.899 105.290 4.880
201806 -1.325 106.317 -1.642
201809 8.688 106.507 10.749
201812 1.445 105.998 1.796
201903 10.061 107.251 12.362
201906 8.624 108.070 10.516
201909 14.231 108.329 17.311
201912 8.131 108.420 9.883
202003 11.364 108.902 13.751
202006 13.451 108.767 16.296
202009 23.309 109.815 27.970
202012 13.746 109.897 16.483
202103 19.185 111.754 22.622
202106 15.179 114.631 17.449
202109 25.219 115.734 28.715
202112 22.492 117.630 25.197
202203 19.798 121.301 21.508
202206 17.191 125.017 18.120
202209 29.103 125.227 30.625
202212 23.484 125.222 24.713
202303 25.679 127.348 26.572
202306 24.509 128.729 25.089
202309 30.098 129.860 30.542
202312 20.817 129.419 21.196
202403 23.633 131.776 23.633

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.


Everest Group  (FRA:ERE) 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.


Everest Group Cyclically Adjusted Price-to-FCF Related Terms

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


Everest Group (FRA:ERE) Business Description

Industry
Traded in Other Exchanges
Address
141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.

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