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Globe Energy Resources YCD LP (XTAE:GLEN-M) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Globe Energy Resources YCD LP Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Energy Resources YCD LP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Globe Energy Resources YCD LP'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.

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Globe Energy Resources YCD LP Cyclically Adjusted Price-to-FCF Chart

Globe Energy Resources YCD LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Globe Energy Resources YCD LP Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Globe Energy Resources YCD LP's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Globe Energy Resources YCD LP'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.


Globe Energy Resources YCD LP's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Globe Energy Resources YCD LP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Globe Energy Resources YCD LP's Cyclically Adjusted Price-to-FCF falls into.



Globe Energy Resources YCD LP 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.

Globe Energy Resources YCD LP's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Globe Energy Resources YCD LP'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)
=-0.033/129.4194*129.4194
=-0.033

Current CPI (Dec23) = 129.4194.

Globe Energy Resources YCD LP Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -122.121 99.070 -159.532
201512 -7.730 99.792 -10.025
201612 -1.020 101.863 -1.296
201712 -0.341 104.011 -0.424
201812 -0.257 105.998 -0.314
201912 -0.639 108.420 -0.763
202012 -0.176 109.897 -0.207
202112 -0.307 117.630 -0.338
202212 -0.148 125.222 -0.153
202312 -0.033 129.419 -0.033

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.


Globe Energy Resources YCD LP  (XTAE:GLEN-M) 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.


Globe Energy Resources YCD LP Cyclically Adjusted Price-to-FCF Related Terms

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Globe Energy Resources YCD LP (XTAE:GLEN-M) Business Description

Traded in Other Exchanges
N/A
Address
5 Zadal Street, Rishon LeZion, ISR
Globe Energy Resources YCD LP is an oil and gas exploration and production company in Israel.

Globe Energy Resources YCD LP (XTAE:GLEN-M) Headlines

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