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Pfizer (XSWX:PFE) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Pfizer Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pfizer Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pfizer'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.

Pfizer Cyclically Adjusted Price-to-FCF Chart

Pfizer 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 16.05 15.25 20.86 15.98 9.33

Pfizer 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 12.64 11.60 10.61 9.33 -

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

For the Drug Manufacturers - General subindustry, Pfizer'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.


Pfizer's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pfizer's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pfizer 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.

Pfizer's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Pfizer's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.609/129.4194*129.4194
=0.609

Current CPI (Dec. 2023) = 129.4194.

Pfizer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.359 99.695 0.466
201406 0.523 100.560 0.673
201409 0.571 100.428 0.736
201412 0.796 99.070 1.040
201503 0.068 99.621 0.088
201506 0.571 100.684 0.734
201509 0.731 100.392 0.942
201512 0.674 99.792 0.874
201603 0.238 100.470 0.307
201606 0.491 101.688 0.625
201609 0.683 101.861 0.868
201612 0.875 101.863 1.112
201703 0.202 102.862 0.254
201706 0.447 103.349 0.560
201709 0.694 104.136 0.863
201712 1.047 104.011 1.303
201803 0.249 105.290 0.306
201806 0.569 106.317 0.693
201809 0.764 106.507 0.928
201812 0.667 105.998 0.814
201903 0.181 107.251 0.218
201906 0.336 108.070 0.402
201909 0.640 108.329 0.765
201912 0.593 108.420 0.708
202003 0.432 108.902 0.513
202006 0.495 108.767 0.589
202009 0.243 109.815 0.286
202012 0.718 109.897 0.846
202103 0.622 111.754 0.720
202106 1.641 114.631 1.853
202109 1.582 115.734 1.769
202112 0.760 117.630 0.836
202203 0.920 121.301 0.982
202206 1.209 125.017 1.252
202209 0.839 125.227 0.867
202212 1.186 125.222 1.226
202303 0.011 127.348 0.011
202306 -0.321 128.729 -0.323
202309 0.400 129.860 0.399
202312 0.609 129.419 0.609

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.


Pfizer  (XSWX:PFE) 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.


Pfizer Cyclically Adjusted Price-to-FCF Related Terms

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Pfizer (XSWX:PFE) Business Description

Industry
Address
66 Hudson Boulevard East, New York, NY, USA, 10001-2192
Pfizer is one of the world's largest pharmaceutical firms, with annual sales close to $50 billion (excluding COVID-19 product sales). While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, cancer drug Ibrance, and cardiovascular treatment Eliquis. Pfizer sells these products globally, with international sales representing close to 50% of total sales. Within international sales, emerging markets are a major contributor.

Pfizer (XSWX:PFE) Headlines