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Pfeiffer Vacuum Technology AG (XTER:PFV) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Pfeiffer Vacuum Technology AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pfeiffer Vacuum Technology AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pfeiffer Vacuum Technology AG'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.

Pfeiffer Vacuum Technology AG Cyclically Adjusted Price-to-FCF Chart

Pfeiffer Vacuum Technology AG 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 34.24 36.02 48.21 44.68 -

Pfeiffer Vacuum Technology AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 44.68 43.80 41.69 40.67 -

Competitive Comparison of Pfeiffer Vacuum Technology AG's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Pfeiffer Vacuum Technology AG'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.


Pfeiffer Vacuum Technology AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pfeiffer Vacuum Technology AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pfeiffer Vacuum Technology AG's Cyclically Adjusted Price-to-FCF falls into.



Pfeiffer Vacuum Technology AG 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.

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

For example, Pfeiffer Vacuum Technology AG'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)
=2.487/123.7729*123.7729
=2.487

Current CPI (Dec. 2023) = 123.7729.

Pfeiffer Vacuum Technology AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.029 99.543 0.036
201406 1.038 99.543 1.291
201409 0.965 99.823 1.197
201412 2.256 99.543 2.805
201503 1.883 99.717 2.337
201506 0.368 100.417 0.454
201509 0.908 100.417 1.119
201512 1.705 99.717 2.116
201603 -0.027 100.017 -0.033
201606 0.630 100.717 0.774
201609 1.129 101.017 1.383
201612 2.888 101.217 3.532
201703 0.552 101.417 0.674
201706 0.896 102.117 1.086
201709 1.643 102.717 1.980
201712 1.339 102.617 1.615
201803 0.514 102.917 0.618
201806 1.446 104.017 1.721
201809 -0.607 104.718 -0.717
201812 1.574 104.217 1.869
201903 0.257 104.217 0.305
201906 0.757 105.718 0.886
201909 0.628 106.018 0.733
201912 1.445 105.818 1.690
202003 -0.537 105.718 -0.629
202006 1.512 106.618 1.755
202009 0.756 105.818 0.884
202012 1.183 105.518 1.388
202103 0.870 107.518 1.002
202106 2.035 108.486 2.322
202109 2.224 109.435 2.515
202112 -0.066 110.384 -0.074
202203 0.736 113.968 0.799
202206 -1.463 115.760 -1.564
202209 -1.613 118.818 -1.680
202212 -1.092 119.345 -1.133
202303 -3.430 122.402 -3.468
202306 1.273 123.140 1.280
202309 1.001 124.195 0.998
202312 2.487 123.773 2.487

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.


Pfeiffer Vacuum Technology AG  (XTER:PFV) 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.


Pfeiffer Vacuum Technology AG Cyclically Adjusted Price-to-FCF Related Terms

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Pfeiffer Vacuum Technology AG (XTER:PFV) Business Description

Traded in Other Exchanges
Address
Berliner Strasse 43, Asslar, HE, DEU, 35614
Pfeiffer Vacuum Technology AG is a Germany-based company that develops, manufactures, and markets parts and systems for vacuum generation, measurement, and analysis, and for leak detection. The company has an extensive line of solutions, products, and services, including turbo pumps, backing pumps, custom pumps, measurement and analysis equipment, and others. The company's customers primarily come from applications including semiconductors, coating, industrial purposes, and others. The company markets its products through its proprietary sales network and independent marketing agents. Pfeiffer Vacuum Technology has a global presence, with Europe, the United States, and Asia being the three biggest markets for the company.

Pfeiffer Vacuum Technology AG (XTER:PFV) Headlines

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