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Bangchak PCL (BKK:BCP) Cyclically Adjusted Price-to-FCF : 6.45 (As of Jun. 06, 2024)


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What is Bangchak PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Bangchak PCL's current share price is ฿36.50. Bangchak PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿5.66. Bangchak PCL's Cyclically Adjusted Price-to-FCF for today is 6.45.

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

BKK:BCP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.8   Med: 17.3   Max: 31.33
Current: 7.03

During the past years, Bangchak PCL's highest Cyclically Adjusted Price-to-FCF was 31.33. The lowest was 6.80. And the median was 17.30.

BKK:BCP's Cyclically Adjusted Price-to-FCF is ranked better than
75.06% of 397 companies
in the Oil & Gas industry
Industry Median: 13.63 vs BKK:BCP: 7.03

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.

Bangchak PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿1.143. 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 ฿5.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangchak PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bangchak PCL'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.

Bangchak PCL Cyclically Adjusted Price-to-FCF Chart

Bangchak PCL 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 19.39 19.59 12.67 14.09 9.39

Bangchak PCL 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 10.51 9.49 9.12 9.39 8.04

Competitive Comparison of Bangchak PCL's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Bangchak PCL'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.


Bangchak PCL's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Bangchak PCL 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.

Bangchak PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=36.50/5.66
=6.45

* 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.

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

For example, Bangchak PCL'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)
=1.143/131.7762*131.7762
=1.143

Current CPI (Mar. 2024) = 131.7762.

Bangchak PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.365 100.560 3.099
201409 0.735 100.428 0.964
201412 1.901 99.070 2.529
201503 4.409 99.621 5.832
201506 0.638 100.684 0.835
201509 0.588 100.392 0.772
201512 -0.630 99.792 -0.832
201603 2.831 100.470 3.713
201606 1.535 101.688 1.989
201609 -3.118 101.861 -4.034
201612 0.913 101.863 1.181
201703 -0.234 102.862 -0.300
201706 0.726 103.349 0.926
201709 1.825 104.136 2.309
201712 2.857 104.011 3.620
201803 -1.689 105.290 -2.114
201806 -2.092 106.317 -2.593
201809 -0.877 106.507 -1.085
201812 2.563 105.998 3.186
201903 -0.238 107.251 -0.292
201906 -0.673 108.070 -0.821
201909 0.801 108.329 0.974
201912 -1.157 108.420 -1.406
202003 -3.935 108.902 -4.762
202006 3.670 108.767 4.446
202009 -0.265 109.815 -0.318
202012 0.829 109.897 0.994
202103 0.564 111.754 0.665
202106 0.423 114.631 0.486
202109 -3.251 115.734 -3.702
202112 6.750 117.630 7.562
202203 0.555 121.301 0.603
202206 2.699 125.017 2.845
202209 -4.914 125.227 -5.171
202212 8.686 125.222 9.141
202303 8.062 127.348 8.342
202306 3.927 128.729 4.020
202309 5.398 129.860 5.478
202312 6.230 129.419 6.343
202403 1.143 131.776 1.143

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.


Bangchak PCL  (BKK:BCP) 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.


Bangchak PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Bangchak PCL (BKK:BCP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bangchak Corp PCL (BKK:BCP) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Sukhumvit Road, 2098 M Tower Building, 8th Floor, Phra Kanong Tai, Phra Kanong, Bangkok, THA, 10260
Bangchak Corp PCL is a Thailand-based energy company that engages in petroleum refining. Crude oil for refining can be gathered from both domestic and international sources, and processed into a variety of petroleum products. Gasoline and diesel fuels are marketed to customers in the industrial, transport, aviation, marine, construction, and agriculture sectors. The company also offers petroleum products at its line of retail stations around Thailand. In addition to its refinery business, Bangchak produces power from solar farms, biomass energy, and petroleum exploration and production.

Bangchak PCL (BKK:BCP) Headlines

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