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Luohe Letone Hydraulics Technology Co (BJSE:832225) Cyclically Adjusted Price-to-FCF : 61.21 (As of Jun. 08, 2024)


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What is Luohe Letone Hydraulics Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Luohe Letone Hydraulics Technology Co's current share price is ¥8.57. Luohe Letone Hydraulics Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.14. Luohe Letone Hydraulics Technology Co's Cyclically Adjusted Price-to-FCF for today is 61.21.

The historical rank and industry rank for Luohe Letone Hydraulics Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BJSE:832225' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 67.8   Med: 168.04   Max: 267.67
Current: 67.8

During the past 12 years, Luohe Letone Hydraulics Technology Co's highest Cyclically Adjusted Price-to-FCF was 267.67. The lowest was 67.80. And the median was 168.04.

BJSE:832225's Cyclically Adjusted Price-to-FCF is ranked worse than
89.95% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs BJSE:832225: 67.80

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.

Luohe Letone Hydraulics Technology Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.771. 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 ¥0.14 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luohe Letone Hydraulics Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Luohe Letone Hydraulics Technology 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.

Luohe Letone Hydraulics Technology Co Cyclically Adjusted Price-to-FCF Chart

Luohe Letone Hydraulics Technology 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 - - - 225.44 157.34

Luohe Letone Hydraulics Technology Co Quarterly Data
Dec18 Jun19 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 - - - 157.34 -

Competitive Comparison of Luohe Letone Hydraulics Technology Co's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Luohe Letone Hydraulics Technology 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.


Luohe Letone Hydraulics Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Luohe Letone Hydraulics Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Luohe Letone Hydraulics Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Luohe Letone Hydraulics Technology 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.

Luohe Letone Hydraulics Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.57/0.14
=61.21

* 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.

Luohe Letone Hydraulics Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Luohe Letone Hydraulics Technology Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.771/114.7809*114.7809
=0.771

Current CPI (Dec23) = 114.7809.

Luohe Letone Hydraulics Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.091 99.000 0.106
201512 0.135 100.600 0.154
201612 0.313 102.600 0.350
201712 0.103 104.500 0.113
201812 -0.197 106.500 -0.212
201912 -0.442 111.200 -0.456
202012 0.204 111.500 0.210
202112 -0.387 113.108 -0.393
202212 0.712 115.116 0.710
202312 0.771 114.781 0.771

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.


Luohe Letone Hydraulics Technology Co  (BJSE:832225) 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.


Luohe Letone Hydraulics Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Luohe Letone Hydraulics Technology Co (BJSE:832225) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Dongfanghong Road, National Luohe Economic and Technological Development Zone, Henan Province, Luohe City, CHN, 462000
Luohe Letone Hydraulics Technology Co Ltd is engaged in research and development, production, and sales of rubber hydraulic hoses. It is focused on polymer material blending, polymer material modification, hydraulic hoses, oil drilling hoses, fracturing hoses, rubber-plastic composite hoses, ultra-high pressure resin hoses, and fluid connections. It provides high-efficiency solutions for fluid transportation, high-performance solutions for polymer material blends, and high-efficiency transportation for shale oil and gas stimulation and acid fracturing pipelines.

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