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Reinsurance Group of America (Reinsurance Group of America) Cyclically Adjusted Price-to-FCF : 3.96 (As of Jun. 08, 2024)


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What is Reinsurance Group of America Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Reinsurance Group of America's current share price is $204.13. Reinsurance Group of America's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $51.51. Reinsurance Group of America's Cyclically Adjusted Price-to-FCF for today is 3.96.

The historical rank and industry rank for Reinsurance Group of America's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

RGA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.09   Med: 4.07   Max: 6.47
Current: 3.96

During the past years, Reinsurance Group of America's highest Cyclically Adjusted Price-to-FCF was 6.47. The lowest was 2.09. And the median was 4.07.

RGA's Cyclically Adjusted Price-to-FCF is ranked better than
80.73% of 327 companies
in the Insurance industry
Industry Median: 10.97 vs RGA: 3.96

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.

Reinsurance Group of America's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $85.612. 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 $51.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reinsurance Group of America Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Reinsurance Group of America'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.

Reinsurance Group of America Cyclically Adjusted Price-to-FCF Chart

Reinsurance Group of America 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 5.61 3.66 2.88 3.64 3.75

Reinsurance Group of America 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 3.23 3.35 3.43 3.75 3.74

Competitive Comparison of Reinsurance Group of America's Cyclically Adjusted Price-to-FCF

For the Insurance - Reinsurance subindustry, Reinsurance Group of America'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.


Reinsurance Group of America's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Reinsurance Group of America's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Reinsurance Group of America's Cyclically Adjusted Price-to-FCF falls into.



Reinsurance Group of America 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.

Reinsurance Group of America's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=204.13/51.51
=3.96

* 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.

Reinsurance Group of America's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Reinsurance Group of America's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=85.612/131.7762*131.7762
=85.612

Current CPI (Mar. 2024) = 131.7762.

Reinsurance Group of America Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5.258 100.560 6.890
201409 4.765 100.428 6.252
201412 15.788 99.070 21.000
201503 4.275 99.621 5.655
201506 4.291 100.684 5.616
201509 4.059 100.392 5.328
201512 18.281 99.792 24.140
201603 5.651 100.470 7.412
201606 3.486 101.688 4.517
201609 6.564 101.861 8.492
201612 6.846 101.863 8.856
201703 6.098 102.862 7.812
201706 3.637 103.349 4.637
201709 6.832 104.136 8.645
201712 13.255 104.011 16.793
201803 3.316 105.290 4.150
201806 5.373 106.317 6.660
201809 7.942 106.507 9.826
201812 7.265 105.998 9.032
201903 5.141 107.251 6.317
201906 9.734 108.070 11.869
201909 12.313 108.329 14.978
201912 8.381 108.420 10.186
202003 34.937 108.902 42.275
202006 5.734 108.767 6.947
202009 2.853 109.815 3.424
202012 7.801 109.897 9.354
202103 34.735 111.754 40.958
202106 -0.609 114.631 -0.700
202109 21.853 115.734 24.882
202112 5.159 117.630 5.779
202203 2.309 121.301 2.508
202206 1.074 125.017 1.132
202209 12.176 125.227 12.813
202212 3.892 125.222 4.096
202303 23.074 127.348 23.876
202306 3.485 128.729 3.568
202309 14.806 129.860 15.025
202312 18.190 129.419 18.521
202403 85.612 131.776 85.612

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.


Reinsurance Group of America  (NYSE:RGA) 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.


Reinsurance Group of America Cyclically Adjusted Price-to-FCF Related Terms

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


Reinsurance Group of America (Reinsurance Group of America) Business Description

Traded in Other Exchanges
Address
16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.
Executives
Ronald Herrmann officer: EVP 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Bang Michele Mi Kyung director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
William L Hutton officer: EVP, General Counsel & Secy. C/O REINSURANCE GROUP OF AMERICA, 1370 TIMBERLAKE MANOR PKY, CHESTERFIELD MO 63017-6039
Todd C Larson officer: SVP, Controller & Treasurer
John W. Hayden officer: EVP, Controller 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Khanh T Tran director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Shundrawn A Thomas director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Stephen T O'hearn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Keng Hooi Ng director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Pina Albo director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Hazel Mcneilage director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Patricia Lynn Guinn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
John J Gauthier director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Stanley B Tulin director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
George Iii Nichols director 601 W MARKET ST, LOUISVILLE KY 40202