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PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) Cyclically Adjusted Price-to-FCF : 4.86 (As of Jun. 08, 2024)


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What is PT Maskapai Reasuransi Indonesia Tbk Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), PT Maskapai Reasuransi Indonesia Tbk's current share price is Rp1050.00. PT Maskapai Reasuransi Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp215.98. PT Maskapai Reasuransi Indonesia Tbk's Cyclically Adjusted Price-to-FCF for today is 4.86.

The historical rank and industry rank for PT Maskapai Reasuransi Indonesia Tbk's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ISX:MREI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.86   Med: 14.2   Max: 23.49
Current: 5

During the past years, PT Maskapai Reasuransi Indonesia Tbk's highest Cyclically Adjusted Price-to-FCF was 23.49. The lowest was 4.86. And the median was 14.20.

ISX:MREI's Cyclically Adjusted Price-to-FCF is ranked better than
74.31% of 327 companies
in the Insurance industry
Industry Median: 10.97 vs ISX:MREI: 5.00

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.

PT Maskapai Reasuransi Indonesia Tbk's adjusted free cash flow per share data for the three months ended in Mar. 2024 was Rp-16.143. 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 Rp215.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Maskapai Reasuransi Indonesia Tbk Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PT Maskapai Reasuransi Indonesia Tbk'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.

PT Maskapai Reasuransi Indonesia Tbk Cyclically Adjusted Price-to-FCF Chart

PT Maskapai Reasuransi Indonesia Tbk 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 - - - 18.49 9.25

PT Maskapai Reasuransi Indonesia Tbk 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 17.45 10.23 8.61 9.25 6.94

Competitive Comparison of PT Maskapai Reasuransi Indonesia Tbk's Cyclically Adjusted Price-to-FCF

For the Insurance - Reinsurance subindustry, PT Maskapai Reasuransi Indonesia Tbk'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.


PT Maskapai Reasuransi Indonesia Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Maskapai Reasuransi Indonesia Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Maskapai Reasuransi Indonesia Tbk's Cyclically Adjusted Price-to-FCF falls into.



PT Maskapai Reasuransi Indonesia Tbk 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.

PT Maskapai Reasuransi Indonesia Tbk's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1050.00/215.98
=4.86

* 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.

PT Maskapai Reasuransi Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Maskapai Reasuransi Indonesia Tbk'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)
=-16.143/130.6070*130.6070
=-16.143

Current CPI (Mar. 2024) = 130.6070.

PT Maskapai Reasuransi Indonesia Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -115.840 93.015 -162.657
201409 74.535 94.576 102.931
201412 146.402 98.819 193.496
201503 102.840 98.388 136.517
201506 -46.968 99.766 -61.487
201509 74.033 101.037 95.700
201512 166.735 102.133 213.220
201603 75.049 102.764 95.383
201606 88.316 103.212 111.757
201609 6.041 104.142 7.576
201612 160.957 105.222 199.788
201703 146.803 106.476 180.074
201706 -54.067 107.722 -65.554
201709 151.381 108.020 183.034
201712 46.194 109.017 55.342
201803 124.625 110.097 147.842
201806 22.841 111.085 26.855
201809 -18.257 111.135 -21.456
201812 -63.018 112.430 -73.206
201903 67.840 112.829 78.530
201906 108.151 114.730 123.117
201909 42.979 114.905 48.852
201912 252.824 115.486 285.927
202003 138.624 116.252 155.741
202006 155.200 116.630 173.800
202009 23.930 116.397 26.852
202012 210.458 117.318 234.297
202103 49.983 117.840 55.398
202106 4.519 118.184 4.994
202109 -217.158 118.262 -239.827
202112 -116.967 119.516 -127.821
202203 -186.846 120.948 -201.767
202206 -80.039 123.322 -84.767
202209 212.671 125.298 221.681
202212 -39.147 126.098 -40.547
202303 -214.361 126.953 -220.532
202306 78.395 127.663 80.203
202309 151.072 128.151 153.967
202312 81.952 129.395 82.720
202403 -16.143 130.607 -16.143

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.


PT Maskapai Reasuransi Indonesia Tbk  (ISX:MREI) 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.


PT Maskapai Reasuransi Indonesia Tbk Cyclically Adjusted Price-to-FCF Related Terms

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


PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman Kav. 76-78, Plaza Marein, 18th Floor, Jakarta, IDN, 12910
PT Maskapai Reasuransi Indonesia Tbk involves in the reinsurance business across Indonesia. Its divisions are Life Reinsurance and General Reinsurance. The company's business offering includes fire, marine cargo, marine hull, motor vehicles, and life reinsurance products. Some of its products include personal accidents, lines, marine, critical illness, disability, and health.

PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) Headlines

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