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Fairfax Financial Holdings (TSX:FFH) Cyclically Adjusted Price-to-FCF : 49.63 (As of Jul. 03, 2025)


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What is Fairfax Financial Holdings Cyclically Adjusted Price-to-FCF?

As of today (2025-07-03), Fairfax Financial Holdings's current share price is C$2429.48. Fairfax Financial Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was C$48.95. Fairfax Financial Holdings's Cyclically Adjusted Price-to-FCF for today is 49.63.

The historical rank and industry rank for Fairfax Financial Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:FFH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.41   Med: 44.85   Max: 293.55
Current: 49.83

During the past years, Fairfax Financial Holdings's highest Cyclically Adjusted Price-to-FCF was 293.55. The lowest was 10.41. And the median was 44.85.

TSX:FFH's Cyclically Adjusted Price-to-FCF is ranked worse than
92.52% of 321 companies
in the Insurance industry
Industry Median: 12.63 vs TSX:FFH: 49.83

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.

Fairfax Financial Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2025 was C$37.737. 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 C$48.95 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fairfax Financial Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fairfax Financial Holdings'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.

Fairfax Financial Holdings Cyclically Adjusted Price-to-FCF Chart

Fairfax Financial Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.74 11.69 34.20 71.87 51.96

Fairfax Financial Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 55.45 60.50 49.42 51.96 42.49

Competitive Comparison of Fairfax Financial Holdings's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, Fairfax Financial Holdings'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.


Fairfax Financial Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

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

* The bar in red indicates where Fairfax Financial Holdings's Cyclically Adjusted Price-to-FCF falls into.


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Fairfax Financial Holdings 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.

Fairfax Financial Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2429.48/48.95
=49.63

* 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.

Fairfax Financial Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Fairfax Financial Holdings's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=37.737/129.1809*129.1809
=37.737

Current CPI (Mar. 2025) = 129.1809.

Fairfax Financial Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 23.053 100.500 29.632
201509 36.113 100.421 46.455
201512 -16.028 99.947 -20.716
201603 -15.938 101.054 -20.374
201606 -27.005 102.002 -34.201
201609 -4.543 101.765 -5.767
201612 109.459 101.449 139.381
201703 42.101 102.634 52.991
201706 30.400 103.029 38.117
201709 78.521 103.345 98.151
201712 -31.514 103.345 -39.393
201803 -151.439 105.004 -186.307
201806 45.690 105.557 55.916
201809 57.083 105.636 69.806
201812 -50.317 105.399 -61.670
201903 18.491 106.979 22.328
201906 -23.200 107.690 -27.830
201909 29.085 107.611 34.915
201912 25.063 107.769 30.043
202003 22.620 107.927 27.074
202006 -26.917 108.401 -32.077
202009 10.798 108.164 12.896
202012 -9.891 108.559 -11.770
202103 34.984 110.298 40.973
202106 34.150 111.720 39.487
202109 162.894 112.905 186.376
202112 54.983 113.774 62.429
202203 -52.950 117.646 -58.142
202206 -169.786 120.806 -181.557
202209 -52.728 120.648 -56.457
202212 24.352 120.964 26.006
202303 -69.123 122.702 -72.773
202306 -18.527 124.203 -19.269
202309 12.417 125.230 12.809
202312 47.517 125.072 49.078
202403 81.442 126.258 83.328
202406 3.741 127.522 3.790
202409 77.436 127.285 78.590
202412 38.919 127.364 39.474
202503 37.737 129.181 37.737

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.


Fairfax Financial Holdings  (TSX:FFH) 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.


Fairfax Financial Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Fairfax Financial Holdings Business Description

Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax Financial Holdings provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chair and CEO, since its formation in 1985.

Fairfax Financial Holdings Headlines

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