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United States Steel (United States Steel) Cyclically Adjusted Price-to-FCF : 17.01 (As of Apr. 27, 2024)


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What is United States Steel Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), United States Steel's current share price is $37.42. United States Steel's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.20. United States Steel's Cyclically Adjusted Price-to-FCF for today is 17.01.

The historical rank and industry rank for United States Steel's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

X' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.94   Med: 13.04   Max: 618.83
Current: 16.9

During the past years, United States Steel's highest Cyclically Adjusted Price-to-FCF was 618.83. The lowest was 3.94. And the median was 13.04.

X's Cyclically Adjusted Price-to-FCF is ranked worse than
59.11% of 269 companies
in the Steel industry
Industry Median: 13.46 vs X: 16.90

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.

United States Steel's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.968. 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 $2.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


United States Steel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United States Steel'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.

United States Steel Cyclically Adjusted Price-to-FCF Chart

United States Steel 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 - 125.01 12.93 11.16 22.12

United States Steel 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 11.16 13.32 12.57 15.02 22.12

Competitive Comparison of United States Steel's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, United States Steel'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.


United States Steel's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, United States Steel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



United States Steel 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.

United States Steel's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.42/2.2
=17.01

* 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.

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

For example, United States Steel'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)
=-0.968/129.4194*129.4194
=-0.968

Current CPI (Dec. 2023) = 129.4194.

United States Steel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.075 99.695 3.992
201406 4.742 100.560 6.103
201409 -1.390 100.428 -1.791
201412 0.623 99.070 0.814
201503 -0.247 99.621 -0.321
201506 -0.171 100.684 -0.220
201509 -0.273 100.392 -0.352
201512 -0.266 99.792 -0.345
201603 -0.239 100.470 -0.308
201606 0.894 101.688 1.138
201609 1.336 101.861 1.697
201612 0.786 101.863 0.999
201703 -1.045 102.862 -1.315
201706 1.733 103.349 2.170
201709 0.748 104.136 0.930
201712 0.373 104.011 0.464
201803 -1.722 105.290 -2.117
201806 1.224 106.317 1.490
201809 0.916 106.507 1.113
201812 -0.782 105.998 -0.955
201903 -1.564 107.251 -1.887
201906 0.064 108.070 0.077
201909 -1.874 108.329 -2.239
201912 0.071 108.420 0.085
202003 -2.491 108.902 -2.960
202006 -2.242 108.767 -2.668
202009 0.349 109.815 0.411
202012 0.694 109.897 0.817
202103 -0.095 111.754 -0.110
202106 2.948 114.631 3.328
202109 4.613 115.734 5.158
202112 3.804 117.630 4.185
202203 1.439 121.301 1.535
202206 2.072 125.017 2.145
202209 2.238 125.227 2.313
202212 0.471 125.222 0.487
202303 -2.171 127.348 -2.206
202306 0.393 128.729 0.395
202309 0.913 129.860 0.910
202312 -0.968 129.419 -0.968

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.


United States Steel  (NYSE:X) 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.


United States Steel Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of United States Steel's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


United States Steel (United States Steel) Business Description

Industry
Address
600 Grant Street, Pittsburgh, PA, USA, 15219-2800
United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
Executives
Daniel R Brown officer: SVP Adv. Tech. Steelmaking 600 GRANT STREET, SUITE 1844, C/O UNITED STATES STEEL CORPORATION, PITTSBURGH PA 15219
David B Burritt officer: Exec. VP and CFO 600 GRANT STREET, SUITE 1500, PITTSBURGH PA 15219
Scott D Buckiso officer: VP Euro Solutions & Pres USSK 600 GRANT STREET, PITTSBURGH PA 15219
Kenneth E Jaycox officer: SVP & Chief Comm. Officer 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 15219
James E. Bruno officer: Sr VP, Automotive Solutions 600 GRANT STREET, PITTSBURGH PA 15219
Duane D Holloway officer: SVP, GC, CCO & Corp. Sec C/O UNITED STATES STEEL CORPORATION, 600 GRANT STREET, PITTSBURGH PA 15219
Alicia J. Davis director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Andrea J. Ayers director STANLEY BLACK & DECKER, IN., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Richard Fruehauf officer: Deputy Gen Counsel - Corporate 600 GRANT STREET, PITTSBURGH PA 15219
Jessica Graziano officer: SVP & Chief Financial Officer C/O UNITED RENTALS, INC, 100 FIRST STAMFORD PL, STAMFORD CT 06902
Manpreet Grewal officer: VP, Controller & CAO 600 GRANT STREET, PITTSBURGH PA 15219
Christine S Breves officer: VP & Supply Chain Officer 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Terry L Dunlap director 1000 SIX PPG PLACE, PITTSBURGH PA 15222
Tracy A Atkinson director MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Jeh C. Johnson director 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177