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Goodyear Tire & Rubber Co (Goodyear Tire & Rubber Co) Cyclically Adjusted Price-to-FCF : 16.91 (As of Apr. 27, 2024)


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What is Goodyear Tire & Rubber Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Goodyear Tire & Rubber Co's current share price is $11.84. Goodyear Tire & Rubber Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.70. Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF for today is 16.91.

The historical rank and industry rank for Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

GT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.24   Med: 22.59   Max: 569.67
Current: 16.91

During the past years, Goodyear Tire & Rubber Co's highest Cyclically Adjusted Price-to-FCF was 569.67. The lowest was 13.24. And the median was 22.59.

GT's Cyclically Adjusted Price-to-FCF is ranked better than
59.46% of 481 companies
in the Vehicles & Parts industry
Industry Median: 21.61 vs GT: 16.91

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.

Goodyear Tire & Rubber Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.484. 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 $0.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goodyear Tire & Rubber Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Goodyear Tire & Rubber Co'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.

Goodyear Tire & Rubber Co Cyclically Adjusted Price-to-FCF Chart

Goodyear Tire & Rubber Co 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 73.80 26.02 34.00 19.83 20.45

Goodyear Tire & Rubber Co 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 19.83 14.16 19.46 17.00 20.45

Competitive Comparison of Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Goodyear Tire & Rubber Co'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.


Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF falls into.



Goodyear Tire & Rubber Co 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.

Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.84/0.7
=16.91

* 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.

Goodyear Tire & Rubber Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Goodyear Tire & Rubber Co'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)
=3.484/129.4194*129.4194
=3.484

Current CPI (Dec. 2023) = 129.4194.

Goodyear Tire & Rubber Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -7.145 99.695 -9.275
201406 0.701 100.560 0.902
201409 0.007 100.428 0.009
201412 3.587 99.070 4.686
201503 -1.701 99.621 -2.210
201506 1.066 100.684 1.370
201509 0.558 100.392 0.719
201512 2.837 99.792 3.679
201603 -2.306 100.470 -2.970
201606 0.343 101.688 0.437
201609 0.421 101.861 0.535
201612 3.777 101.863 4.799
201703 -2.176 102.862 -2.738
201706 -0.488 103.349 -0.611
201709 -0.610 104.136 -0.758
201712 4.510 104.011 5.612
201803 -2.611 105.290 -3.209
201806 0.461 106.317 0.561
201809 -0.475 106.507 -0.577
201812 3.179 105.998 3.881
201903 -2.522 107.251 -3.043
201906 -0.457 108.070 -0.547
201909 -0.034 108.329 -0.041
201912 4.880 108.420 5.825
202003 -3.299 108.902 -3.921
202006 -1.756 108.767 -2.089
202009 1.953 109.815 2.302
202012 5.103 109.897 6.010
202103 -1.962 111.754 -2.272
202106 0.045 114.631 0.051
202109 -0.741 115.734 -0.829
202112 2.628 117.630 2.891
202203 -3.439 121.301 -3.669
202206 -0.199 125.017 -0.206
202209 -1.217 125.227 -1.258
202212 2.979 125.222 3.079
202303 -3.740 127.348 -3.801
202306 0.337 128.729 0.339
202309 -0.144 129.860 -0.144
202312 3.484 129.419 3.484

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.


Goodyear Tire & Rubber Co  (NAS:GT) 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.


Goodyear Tire & Rubber Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Goodyear Tire & Rubber Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Goodyear Tire & Rubber Co (Goodyear Tire & Rubber Co) Business Description

Traded in Other Exchanges
Address
200 Innovation Way, Akron, OH, USA, 44316-0001
Goodyear Tire & Rubber Co manufactures and sells a variety of rubber tires under the Goodyear brand name. The firm's tires are used for automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. The company operates its business through three operating segments representing its regional tire businesses: Americas; Europe, the Middle East, and Africa (EMEA); and the Asia Pacific.
Executives
Darren R Wells officer: Vice President & Treasurer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Roger Wood director 3850 HAMLIN RD., AUBURN HILLS MI 48326
Max H Mitchell director CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Joseph R Hinrichs director FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Margaret V Snyder officer: Vice President and Controller 200 INNOVATION WAY, AKRON OH 44316
Christina L Zamarro officer: EVP & Chief Financial Officer 200 INNOVATION WAY, AKRON OH 44316
Norma Clayton director 1915 REXFORD ROAD, CHARLOTTE NC 28211
Richard J Kramer officer: Senior Vice President THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Stephen R Mcclellan officer: Pres., NAT Consumer Business 1144 EAST MARKET STREET, AKRON OH 44316
Prashanth Mahendra-rajah director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Karla R Lewis director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Nathaniel Madarang officer: President, Asia Pacific 200 INNOVATION WAY, AKRON OH 44316
Jonathan Bellissimo officer: SR VP Global Operations & Tech 200 INNOVATION WAY, AKRON OH 44316
Hera K Siu director 200 INNOVATION WAY, AKRON OH 44316
David Emmitt Phillips officer: Sr VP and General Counsel 200 INNOVATION WAY, AKRON OH 44316