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Jones Lang LaSalle (STU:4J2) Cyclically Adjusted Price-to-FCF : 21.45 (As of Jun. 01, 2024)


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What is Jones Lang LaSalle Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Jones Lang LaSalle's current share price is €183.00. Jones Lang LaSalle's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €8.53. Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF for today is 21.45.

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

STU:4J2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.24   Med: 24.69   Max: 37.48
Current: 21.84

During the past years, Jones Lang LaSalle's highest Cyclically Adjusted Price-to-FCF was 37.48. The lowest was 13.24. And the median was 24.69.

STU:4J2's Cyclically Adjusted Price-to-FCF is ranked worse than
70.65% of 695 companies
in the Real Estate industry
Industry Median: 12.53 vs STU:4J2: 21.84

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.

Jones Lang LaSalle's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-13.733. 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 €8.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jones Lang LaSalle Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jones Lang LaSalle'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.

Jones Lang LaSalle Cyclically Adjusted Price-to-FCF Chart

Jones Lang LaSalle 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 26.88 19.76 29.20 17.37 19.47

Jones Lang LaSalle 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 16.87 17.28 15.16 19.47 21.08

Competitive Comparison of Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Jones Lang LaSalle'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.


Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jones Lang LaSalle 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.

Jones Lang LaSalle's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=183.00/8.53
=21.45

* 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.

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

For example, Jones Lang LaSalle'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)
=-13.733/131.7762*131.7762
=-13.733

Current CPI (Mar. 2024) = 131.7762.

Jones Lang LaSalle Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.330 100.560 1.743
201409 2.627 100.428 3.447
201412 7.651 99.070 10.177
201503 -7.229 99.621 -9.562
201506 1.857 100.684 2.430
201509 3.029 100.392 3.976
201512 6.738 99.792 8.898
201603 -7.309 100.470 -9.586
201606 0.148 101.688 0.192
201609 1.393 101.861 1.802
201612 6.194 101.863 8.013
201703 -4.977 102.862 -6.376
201706 2.749 103.349 3.505
201709 5.153 104.136 6.521
201712 8.621 104.011 10.922
201803 -5.304 105.290 -6.638
201806 -0.721 106.317 -0.894
201809 4.260 106.507 5.271
201812 10.575 105.998 13.147
201903 -11.464 107.251 -14.086
201906 0.561 108.070 0.684
201909 3.212 108.329 3.907
201912 11.659 108.420 14.171
202003 -10.187 108.902 -12.327
202006 7.974 108.767 9.661
202009 6.055 109.815 7.266
202012 11.200 109.897 13.430
202103 -7.992 111.754 -9.424
202106 2.863 114.631 3.291
202109 6.784 115.734 7.724
202112 11.933 117.630 13.368
202203 -13.596 121.301 -14.770
202206 2.605 125.017 2.746
202209 1.836 125.227 1.932
202212 10.423 125.222 10.969
202303 -15.037 127.348 -15.560
202306 3.783 128.729 3.873
202309 5.348 129.860 5.427
202312 12.940 129.419 13.176
202403 -13.733 131.776 -13.733

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.


Jones Lang LaSalle  (STU:4J2) 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.


Jones Lang LaSalle Cyclically Adjusted Price-to-FCF Related Terms

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Jones Lang LaSalle (STU:4J2) Business Description

Industry
Traded in Other Exchanges
Address
200 East Randolph Drive, Chicago, IL, USA, 60601
Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $70 billion for clients across diverse public and private real estate strategies.

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