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Pioneer Diversified Highome Trust (Pioneer Diversified Highome Trust) Cyclically Adjusted Price-to-FCF : 5.58 (As of Jun. 06, 2024)


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What is Pioneer Diversified Highome Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Pioneer Diversified Highome Trust's current share price is $11.66. Pioneer Diversified Highome Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Apr23 was $2.09. Pioneer Diversified Highome Trust's Cyclically Adjusted Price-to-FCF for today is 5.58.

The historical rank and industry rank for Pioneer Diversified Highome Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HNW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.71   Med: 6.04   Max: 9.1
Current: 5.56

During the past 13 years, Pioneer Diversified Highome Trust's highest Cyclically Adjusted Price-to-FCF was 9.10. The lowest was 4.71. And the median was 6.04.

HNW's Cyclically Adjusted Price-to-FCF is ranked better than
81.51% of 503 companies
in the Asset Management industry
Industry Median: 20.26 vs HNW: 5.56

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.

Pioneer Diversified Highome Trust's adjusted free cash flow per share data of for the fiscal year that ended in Apr23 was $2.863. 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 $2.09 for the trailing ten years ended in Apr23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pioneer Diversified Highome Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pioneer Diversified Highome Trust'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.

Pioneer Diversified Highome Trust Cyclically Adjusted Price-to-FCF Chart

Pioneer Diversified Highome Trust Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.47 8.51 6.50 4.79

Pioneer Diversified Highome Trust Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 6.50 - 4.79 -

Competitive Comparison of Pioneer Diversified Highome Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Pioneer Diversified Highome Trust'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.


Pioneer Diversified Highome Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Diversified Highome Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pioneer Diversified Highome Trust's Cyclically Adjusted Price-to-FCF falls into.



Pioneer Diversified Highome Trust 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.

Pioneer Diversified Highome Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.66/2.09
=5.58

* 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.

Pioneer Diversified Highome Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Apr23 is calculated as:

For example, Pioneer Diversified Highome Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Apr23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr23 (Change)*Current CPI (Apr23)
=2.863/127.9921*127.9921
=2.863

Current CPI (Apr23) = 127.9921.

Pioneer Diversified Highome Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 2.383 100.023 3.049
201504 2.632 99.824 3.375
201604 2.082 100.947 2.640
201704 1.412 103.167 1.752
201804 0.485 105.708 0.587
201904 1.575 107.818 1.870
202004 3.013 108.173 3.565
202104 -0.736 112.673 -0.836
202204 1.954 121.978 2.050
202304 2.863 127.992 2.863

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.


Pioneer Diversified Highome Trust  (AMEX:HNW) 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.


Pioneer Diversified Highome Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Pioneer Diversified Highome Trust (Pioneer Diversified Highome Trust) Business Description

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer Diversified High Income Trust is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income as well as capital appreciation. The company invests in various sectors such as Health Care Technology, Household Durables, Oil, Gas and Consumable Fuels, Specialty Retail, Banks, Chemicals, Financial Services, and others. It also invests in convertible bonds, common stock, asset-backed securities, and the U.S Treasury.
Executives
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Lawrence R Zeno other: Affiliated Person 60 STATE STREET, BOSTON MA 02109
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Craig C Mackay officer: Trustee 75 WEST 125TH STREET, NEW YORK NY 10027
George W Karpus other: See Explanation of Responses
Andrew Feltus other: Affiliated Person 60 STATE ST, BOSTON MA 02109
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Diane Durnin other: Trustee 60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr. other: Trustee 60 STATE STREET, BOSTON MA 02109
John Michael Malone officer: Chief Compliance Officer 60 STATE STREET, BOSTON MA 02019
Mark Edward Bradley officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Chin Liu other: Affiliated Person PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Lorraine H Monchak other: Trustee 60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Fred J Ricciardi other: Trustee 60 STATE STREET, BOSTON MA 02109

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