GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Preformed Line Products Co (FRA:P4L) » Definitions » Cyclically Adjusted Price-to-FCF

Preformed Line Products Co (FRA:P4L) Cyclically Adjusted Price-to-FCF : 39.52 (As of Jun. 07, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Preformed Line Products Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Preformed Line Products Co's current share price is €115.00. Preformed Line Products Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.91. Preformed Line Products Co's Cyclically Adjusted Price-to-FCF for today is 39.52.

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

FRA:P4L' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.31   Med: 28.42   Max: 78.14
Current: 37.92

During the past years, Preformed Line Products Co's highest Cyclically Adjusted Price-to-FCF was 78.14. The lowest was 15.31. And the median was 28.42.

FRA:P4L's Cyclically Adjusted Price-to-FCF is ranked worse than
57.03% of 1031 companies
in the Industrial Products industry
Industry Median: 32.88 vs FRA:P4L: 37.92

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.

Preformed Line Products Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.341. 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 €2.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Preformed Line Products Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Preformed Line Products 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.

Preformed Line Products Co Cyclically Adjusted Price-to-FCF Chart

Preformed Line Products Co 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 30.35 34.36 25.94 50.44 42.52

Preformed Line Products Co 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 58.35 69.83 54.58 42.52 37.50

Competitive Comparison of Preformed Line Products Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Preformed Line Products 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.


Preformed Line Products Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Preformed Line Products Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Preformed Line Products Co's Cyclically Adjusted Price-to-FCF falls into.



Preformed Line Products 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.

Preformed Line Products Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=115.00/2.91
=39.52

* 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.

Preformed Line Products Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Preformed Line Products 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)
=0.341/131.7762*131.7762
=0.341

Current CPI (Mar. 2024) = 131.7762.

Preformed Line Products Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.922 100.560 1.208
201409 1.095 100.428 1.437
201412 0.150 99.070 0.200
201503 -0.286 99.621 -0.378
201506 0.774 100.684 1.013
201509 -0.307 100.392 -0.403
201512 1.447 99.792 1.911
201603 -0.741 100.470 -0.972
201606 -0.910 101.688 -1.179
201609 1.548 101.861 2.003
201612 0.353 101.863 0.457
201703 -0.690 102.862 -0.884
201706 0.217 103.349 0.277
201709 2.690 104.136 3.404
201712 1.431 104.011 1.813
201803 -0.597 105.290 -0.747
201806 0.986 106.317 1.222
201809 -0.385 106.507 -0.476
201812 2.324 105.998 2.889
201903 -0.332 107.251 -0.408
201906 -0.744 108.070 -0.907
201909 0.863 108.329 1.050
201912 -0.170 108.420 -0.207
202003 -1.633 108.902 -1.976
202006 1.146 108.767 1.388
202009 2.029 109.815 2.435
202012 1.287 109.897 1.543
202103 1.662 111.754 1.960
202106 -0.512 114.631 -0.589
202109 0.813 115.734 0.926
202112 0.657 117.630 0.736
202203 -2.422 121.301 -2.631
202206 -1.298 125.017 -1.368
202209 0.789 125.227 0.830
202212 0.301 125.222 0.317
202303 3.192 127.348 3.303
202306 2.130 128.729 2.180
202309 6.114 129.860 6.204
202312 2.043 129.419 2.080
202403 0.341 131.776 0.341

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.


Preformed Line Products Co  (FRA:P4L) 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.


Preformed Line Products Co Cyclically Adjusted Price-to-FCF Related Terms

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


Preformed Line Products Co (FRA:P4L) Business Description

Traded in Other Exchanges
Address
660 Beta Drive, Mayfield Village, Cleveland, OH, USA, 44143
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in the United States with operations also in The Americas, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.

Preformed Line Products Co (FRA:P4L) Headlines

No Headlines