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Pegasystems (Pegasystems) Cyclically Adjusted Price-to-FCF : 63.84 (As of Jun. 10, 2024)


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What is Pegasystems Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Pegasystems's current share price is $58.095. Pegasystems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.91. Pegasystems's Cyclically Adjusted Price-to-FCF for today is 63.84.

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

PEGA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32.61   Med: 69.98   Max: 229.23
Current: 63.22

During the past years, Pegasystems's highest Cyclically Adjusted Price-to-FCF was 229.23. The lowest was 32.61. And the median was 69.98.

PEGA's Cyclically Adjusted Price-to-FCF is ranked worse than
74.05% of 682 companies
in the Software industry
Industry Median: 28.365 vs PEGA: 63.22

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.

Pegasystems's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $2.131. 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 $0.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pegasystems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pegasystems'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.

Pegasystems Cyclically Adjusted Price-to-FCF Chart

Pegasystems 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 115.70 206.75 164.38 50.80 60.69

Pegasystems 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 75.10 69.55 60.70 60.69 70.85

Competitive Comparison of Pegasystems's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Pegasystems'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.


Pegasystems's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Pegasystems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pegasystems 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=58.095/0.91
=63.84

* 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.

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

For example, Pegasystems'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)
=2.131/131.7762*131.7762
=2.131

Current CPI (Mar. 2024) = 131.7762.

Pegasystems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.007 100.560 -0.009
201409 0.272 100.428 0.357
201412 -0.008 99.070 -0.011
201503 0.309 99.621 0.409
201506 0.100 100.684 0.131
201509 0.163 100.392 0.214
201512 0.149 99.792 0.197
201603 0.073 100.470 0.096
201606 -0.072 101.688 -0.093
201609 0.066 101.861 0.085
201612 0.192 101.863 0.248
201703 0.396 102.862 0.507
201706 0.643 103.349 0.820
201709 0.338 104.136 0.428
201712 0.533 104.011 0.675
201803 0.670 105.290 0.839
201806 0.252 106.317 0.312
201809 -0.106 106.507 -0.131
201812 0.385 105.998 0.479
201903 0.253 107.251 0.311
201906 -0.216 108.070 -0.263
201909 -0.287 108.329 -0.349
201912 -0.414 108.420 -0.503
202003 -0.386 108.902 -0.467
202006 -0.118 108.767 -0.143
202009 -0.097 109.815 -0.116
202012 0.274 109.897 0.329
202103 0.245 111.754 0.289
202106 -0.051 114.631 -0.059
202109 -0.339 115.734 -0.386
202112 0.503 117.630 0.563
202203 0.104 121.301 0.113
202206 -0.310 125.017 -0.327
202209 -0.229 125.227 -0.241
202212 0.276 125.222 0.290
202303 0.685 127.348 0.709
202306 0.520 128.729 0.532
202309 0.286 129.860 0.290
202312 0.853 129.419 0.869
202403 2.131 131.776 2.131

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.


Pegasystems  (NAS:PEGA) 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.


Pegasystems Cyclically Adjusted Price-to-FCF Related Terms

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


Pegasystems (Pegasystems) Business Description

Industry
Traded in Other Exchanges
Address
One Main Street, Cambridge, MA, USA, 02142
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare verticals.
Executives
Efstathios A Kouninis officer: VP of Finance & CAO 26 GRANDVIEW DRIVE, DOVER NH 03820
Rifat Kerim Akgonul officer: Chief Product Officer ONE ROGERS STREET, CAMBRIDGE MA 02142
Leon Trefler officer: SVP, Global Customer Success 1 MAIN STREET, CAMBRIDGE MA 02142
Kenneth Stillwell officer: CFO, SVP ONE ROGERS STREET, CAMBRDIGE MA 02142
Richard H Jones director C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142
John Gerard Higgins officer: Chief, Client &Partner Success C/O PEGASYSTEMS INC., 1 MAIN STREET, CAMBRIDGE MA 02142
Michael R Pyle officer: Senior VP, Engineering C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIGE MA 02142
Christopher Lafond director 56 TOP GALLANT RD, STAMFORD CT 06904
Sharon T Rowlands director 195 BROADWAY, NEW YORK NY 10007
Dianne Ledingham director ONE ROGERS STREET, CAMBRIDGE MA 02142
Larry Weber director C/O MIVA, INC., 5220 SUMMERLIN COMMONS BLVD., SUITE 500, FORT MYERS FL 33907
Douglas I Kra officer: SVP, Global Customer Success 101 MAIN STREET, C/O PEGASYSTEMS INC., CAMBRIDGE MA 02142
Hayden Stafford officer: President ONE ROGERS STREET, CAMBRIDGE MA 02142
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Alan Trefler 10 percent owner, officer: C.E.O. & Chairman C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142