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Panasonic Holdings (Panasonic Holdings) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Panasonic Holdings Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Panasonic 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.

Panasonic Holdings Cyclically Adjusted Price-to-FCF Chart

Panasonic Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.65 84.73 31.42 26.46 35.13

Panasonic Holdings 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 26.46 37.67 35.49 33.16 35.13

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

For the Consumer Electronics subindustry, Panasonic 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.


Panasonic Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Panasonic 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.

Panasonic Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Panasonic Holdings'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)
=0.468/107.2000*107.2000
=0.468

Current CPI (Mar. 2024) = 107.2000.

Panasonic Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.324 98.000 0.354
201409 -0.046 98.500 -0.050
201412 0.536 97.900 0.587
201503 0.195 97.900 0.214
201506 0.106 98.400 0.115
201509 -0.084 98.500 -0.091
201512 0.148 98.100 0.162
201603 0.306 97.900 0.335
201606 -0.213 98.100 -0.233
201609 -0.312 98.000 -0.341
201612 0.029 98.400 0.032
201703 0.616 98.100 0.673
201706 -0.197 98.500 -0.214
201709 -0.196 98.800 -0.213
201712 0.069 99.400 0.074
201803 0.126 99.200 0.136
201806 -0.301 99.200 -0.325
201809 -0.356 99.900 -0.382
201812 -0.167 99.700 -0.180
201903 0.072 99.700 0.077
201906 0.062 99.800 0.067
201909 -0.193 100.100 -0.207
201912 0.271 100.500 0.289
202003 0.195 100.300 0.208
202006 -0.637 99.900 -0.684
202009 0.458 99.900 0.491
202012 0.821 99.300 0.886
202103 0.219 99.900 0.235
202106 0.218 99.500 0.235
202109 -0.594 100.100 -0.636
202112 -0.048 100.100 -0.051
202203 0.233 101.100 0.247
202206 0.152 101.800 0.160
202209 0.016 103.100 0.017
202212 0.035 104.100 0.036
202303 0.278 104.400 0.285
202306 0.282 105.200 0.287
202309 0.061 106.200 0.062
202312 0.123 106.800 0.123
202403 0.468 107.200 0.468

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.


Panasonic Holdings  (OTCPK:PCRFY) 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.


Panasonic Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Panasonic Holdings (Panasonic Holdings) Business Description

Industry
Traded in Other Exchanges
Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.