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Plymouth Industrial REIT (Plymouth Industrial REIT) Cyclically Adjusted Price-to-FCF : 15.95 (As of May. 23, 2024)


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What is Plymouth Industrial REIT Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Plymouth Industrial REIT's current share price is $20.41. Plymouth Industrial REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.28. Plymouth Industrial REIT's Cyclically Adjusted Price-to-FCF for today is 15.95.

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

PLYM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.88   Med: 24.14   Max: 54.89
Current: 16.42

During the past years, Plymouth Industrial REIT's highest Cyclically Adjusted Price-to-FCF was 54.89. The lowest was 15.88. And the median was 24.14.

PLYM's Cyclically Adjusted Price-to-FCF is ranked worse than
64.43% of 388 companies
in the REITs industry
Industry Median: 11.58 vs PLYM: 16.42

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.

Plymouth Industrial REIT's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.369. 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 $1.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plymouth Industrial REIT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Plymouth Industrial REIT'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.

Plymouth Industrial REIT Cyclically Adjusted Price-to-FCF Chart

Plymouth Industrial REIT 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 - - 52.22 21.94 20.09

Plymouth Industrial REIT 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 21.86 22.08 18.63 20.09 17.62

Competitive Comparison of Plymouth Industrial REIT's Cyclically Adjusted Price-to-FCF

For the REIT - Industrial subindustry, Plymouth Industrial REIT'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.


Plymouth Industrial REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Plymouth Industrial REIT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Plymouth Industrial REIT 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.

Plymouth Industrial REIT's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.41/1.28
=15.95

* 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.

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

For example, Plymouth Industrial REIT'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)
=0.369/131.7762*131.7762
=0.369

Current CPI (Mar. 2024) = 131.7762.

Plymouth Industrial REIT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.192 100.560 -0.252
201409 -0.120 100.428 -0.157
201412 -1.000 99.070 -1.330
201503 -0.473 99.621 -0.626
201506 -0.328 100.684 -0.429
201509 -0.255 100.392 -0.335
201512 -0.144 99.792 -0.190
201603 0.120 100.470 0.157
201606 0.249 101.688 0.323
201609 0.767 101.861 0.992
201612 -1.075 101.863 -1.391
201703 0.099 102.862 0.127
201706 -2.395 103.349 -3.054
201709 0.570 104.136 0.721
201712 2.042 104.011 2.587
201803 0.099 105.290 0.124
201806 0.725 106.317 0.899
201809 0.671 106.507 0.830
201812 1.939 105.998 2.411
201903 -1.081 107.251 -1.328
201906 0.968 108.070 1.180
201909 1.176 108.329 1.431
201912 0.708 108.420 0.861
202003 0.437 108.902 0.529
202006 0.974 108.767 1.180
202009 0.521 109.815 0.625
202012 0.442 109.897 0.530
202103 0.544 111.754 0.641
202106 0.402 114.631 0.462
202109 0.245 115.734 0.279
202112 0.674 117.630 0.755
202203 0.394 121.301 0.428
202206 0.546 125.017 0.576
202209 0.564 125.227 0.593
202212 0.314 125.222 0.330
202303 0.437 127.348 0.452
202306 0.490 128.729 0.502
202309 0.538 129.860 0.546
202312 0.412 129.419 0.420
202403 0.369 131.776 0.369

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.


Plymouth Industrial REIT  (NYSE:PLYM) 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.


Plymouth Industrial REIT Cyclically Adjusted Price-to-FCF Related Terms

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


Plymouth Industrial REIT (Plymouth Industrial REIT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Custom House Street, 11th Floor, Boston, MA, USA, 02110
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.
Executives
Madison International Realty Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, 3RD FLOOR NY 10022
Vi Reit Mirelf 10 percent owner C/O MADISON INTERNATIONAL REALTY, LLC, 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mirelf Vi (u.s.), Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Mirelf Vi Reit Investments Iv, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Holdings Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners Gp, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners, Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Ronald Dickerman 10 percent owner 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Madison International Realty Holdings, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Anthony Saladino officer: EVP/CFO 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Guinee John W Iii director 600 EAST 96TH ST STE 100, INDIANAPOLIS IN 46240
Jeffrey E Witherell director, officer: CEO C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Pendleton P White director, officer: President and CIO C/O CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Caitlin Murphy director 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Philip S Cottone director C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110