GURUFOCUS.COM » STOCK LIST » Technology » Software » P&I Personal & Informatik AG (XTER:PUI) » Definitions » Cyclically Adjusted Price-to-FCF

P&I Personal & Informatik AG (XTER:PUI) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


View and export this data going back to . Start your Free Trial

What is P&I Personal & Informatik AG 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


P&I Personal & Informatik AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for P&I Personal & Informatik 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.

P&I Personal & Informatik AG Cyclically Adjusted Price-to-FCF Chart

P&I Personal & Informatik AG Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

P&I Personal & Informatik AG Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 - - - - -

Competitive Comparison of P&I Personal & Informatik AG's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, P&I Personal & Informatik 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.


P&I Personal & Informatik AG's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, P&I Personal & Informatik AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where P&I Personal & Informatik AG's Cyclically Adjusted Price-to-FCF falls into.



P&I Personal & Informatik 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.

P&I Personal & Informatik AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar15 is calculated as:

For example, P&I Personal & Informatik AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar15 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar15 (Change)*Current CPI (Mar15)
=4.797/99.7166*99.7166
=4.797

Current CPI (Mar15) = 99.7166.

P&I Personal & Informatik AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200603 1.256 87.228 1.436
200703 1.284 88.907 1.440
200803 1.058 91.706 1.150
200903 2.156 92.079 2.335
201003 2.785 93.199 2.980
201103 2.680 95.065 2.811
201203 3.265 97.117 3.352
201303 2.713 98.516 2.746
201403 4.157 99.543 4.164
201503 4.797 99.717 4.797

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.


P&I Personal & Informatik AG  (XTER:PUI) 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.


P&I Personal & Informatik AG Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of P&I Personal & Informatik AG's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


P&I Personal & Informatik AG (XTER:PUI) Business Description

Traded in Other Exchanges
N/A
Address
P&I Personal & Informatik AG is a German holding Company engaged in the creation, sale and maintenance and dealings in Electronic Data Processing equipment and software.

P&I Personal & Informatik AG (XTER:PUI) Headlines