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Ningbo Peacebird Fashion Co (SHSE:603877) Cyclically Adjusted Price-to-FCF : 14.23 (As of Jun. 09, 2024)


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What is Ningbo Peacebird Fashion Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Ningbo Peacebird Fashion Co's current share price is ¥15.51. Ningbo Peacebird Fashion Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.09. Ningbo Peacebird Fashion Co's Cyclically Adjusted Price-to-FCF for today is 14.23.

The historical rank and industry rank for Ningbo Peacebird Fashion Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:603877' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.62   Med: 14.44   Max: 16.09
Current: 14.2

During the past years, Ningbo Peacebird Fashion Co's highest Cyclically Adjusted Price-to-FCF was 16.09. The lowest was 13.62. And the median was 14.44.

SHSE:603877's Cyclically Adjusted Price-to-FCF is ranked worse than
52.28% of 438 companies
in the Retail - Cyclical industry
Industry Median: 13.25 vs SHSE:603877: 14.20

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.

Ningbo Peacebird Fashion Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.112. 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 ¥1.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Peacebird Fashion Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ningbo Peacebird Fashion 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.

Ningbo Peacebird Fashion Co Cyclically Adjusted Price-to-FCF Chart

Ningbo Peacebird Fashion Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ningbo Peacebird Fashion Co 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 - - - - 14.80

Competitive Comparison of Ningbo Peacebird Fashion Co's Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, Ningbo Peacebird Fashion 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.


Ningbo Peacebird Fashion Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ningbo Peacebird Fashion Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo Peacebird Fashion Co's Cyclically Adjusted Price-to-FCF falls into.



Ningbo Peacebird Fashion 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.

Ningbo Peacebird Fashion Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.51/1.09
=14.23

* 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.

Ningbo Peacebird Fashion Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ningbo Peacebird Fashion Co'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)
=-0.112/115.2271*115.2271
=-0.112

Current CPI (Mar. 2024) = 115.2271.

Ningbo Peacebird Fashion Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 -0.273 102.200 -0.308
201606 -0.190 101.400 -0.216
201609 0.001 102.400 0.001
201612 1.410 102.600 1.584
201703 -0.134 103.200 -0.150
201706 -0.483 103.100 -0.540
201709 -0.326 104.100 -0.361
201712 1.362 104.500 1.502
201803 -0.433 105.300 -0.474
201806 -0.643 104.900 -0.706
201809 -0.204 106.600 -0.221
201812 2.143 106.500 2.319
201903 -0.749 107.700 -0.801
201906 -0.169 107.700 -0.181
201909 -0.042 109.800 -0.044
201912 1.680 111.200 1.741
202003 -0.814 112.300 -0.835
202006 -0.199 110.400 -0.208
202009 0.374 111.700 0.386
202012 2.174 111.500 2.247
202103 -0.591 112.662 -0.604
202106 0.472 111.769 0.487
202109 -0.223 112.215 -0.229
202112 2.310 113.108 2.353
202203 -0.564 114.335 -0.568
202206 -0.126 114.558 -0.127
202209 -0.025 115.339 -0.025
202212 1.032 115.116 1.033
202303 0.192 115.116 0.192
202306 0.108 114.558 0.109
202309 -0.130 115.339 -0.130
202312 1.888 114.781 1.895
202403 -0.112 115.227 -0.112

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.


Ningbo Peacebird Fashion Co  (SHSE:603877) 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.


Ningbo Peacebird Fashion Co Cyclically Adjusted Price-to-FCF Related Terms

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


Ningbo Peacebird Fashion Co (SHSE:603877) Business Description

Traded in Other Exchanges
N/A
Address
No. 826, South Section of Huancheng West Road, Haishu, Ningbo, Zhejiang, Ningbo, CHN, 315011
Ningbo Peacebird Fashion Co Ltd is a retail-oriented multi-brand fashion company. It focuses on providing customers with fashion products of high quality at the competitive price. The main products of the company include women's, men's and children's clothing, and the main brand contains PEACEBIRD, PEACEBIRD, LED'IN, MATERIAL GIRL, AMAZING PEACE, Mini Peace, and among others. It holds more than 4000 stores across 31 provinces, autonomous regions, and municipalities. Geographically, it operates through China, however, its products are distributed in both Chinese and international market.
Executives
Wang Qing Lin senior management
Wang Ming Feng Directors, senior managers
Hong Yang Wei senior management
Weng Jiang Hong Directors, senior managers
Ou Li Min senior management
Dai Zhi Yong Director
Rong Yi Qin Supervisors
Chen Hong Chao Director
Zhang Jiang Ping Director
Zhang Jiang Bo Director
Shi Chao Qi senior management
Zhang Ting senior management
Shen Ya Xin senior management
Lou Jia Zi senior management

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