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Cebu Air (PHS:CEB) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Cebu Air Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cebu Air Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cebu Air'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.

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Cebu Air Cyclically Adjusted Price-to-FCF Chart

Cebu Air Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Cebu Air Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Cebu Air's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Cebu Air'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.


Cebu Air's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cebu Air's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cebu Air 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.

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

For example, Cebu Air'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)
=-7.349/131.7762*131.7762
=-7.349

Current CPI (Mar. 2024) = 131.7762.

Cebu Air Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.327 100.560 0.429
201409 -5.120 100.428 -6.718
201412 -1.688 99.070 -2.245
201503 0.421 99.621 0.557
201506 2.686 100.684 3.515
201509 -2.106 100.392 -2.764
201512 -2.079 99.792 -2.745
201603 3.099 100.470 4.065
201606 4.516 101.688 5.852
201609 -3.252 101.861 -4.207
201612 -4.027 101.863 -5.210
201703 1.971 102.862 2.525
201706 -2.316 103.349 -2.953
201709 0.922 104.136 1.167
201712 4.417 104.011 5.596
201803 4.237 105.290 5.303
201806 -13.028 106.317 -16.148
201809 -2.928 106.507 -3.623
201812 -6.123 105.998 -7.612
201903 10.506 107.251 12.908
201906 3.992 108.070 4.868
201909 4.147 108.329 5.045
201912 -12.427 108.420 -15.104
202003 -1.307 108.902 -1.582
202006 -13.621 108.767 -16.502
202009 -8.627 109.815 -10.352
202012 -6.958 109.897 -8.343
202103 -4.565 111.754 -5.383
202106 -8.438 114.631 -9.700
202109 -4.283 115.734 -4.877
202112 -1.269 117.630 -1.422
202203 2.536 121.301 2.755
202206 2.743 125.017 2.891
202209 -2.491 125.227 -2.621
202212 0.598 125.222 0.629
202303 2.705 127.348 2.799
202306 -3.776 128.729 -3.865
202309 -14.240 129.860 -14.450
202312 -4.188 129.419 -4.264
202403 -7.349 131.776 -7.349

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.


Cebu Air  (PHS:CEB) 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.


Cebu Air Cyclically Adjusted Price-to-FCF Related Terms

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


Cebu Air (PHS:CEB) Business Description

Industry
Traded in Other Exchanges
Address
Sergio Osmena Boulevard, Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.

Cebu Air (PHS:CEB) Headlines

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