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Lighting & Equipment PCL (BKK:L&E) Cyclically Adjusted Price-to-FCF : 15.57 (As of Jun. 08, 2024)


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What is Lighting & Equipment PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Lighting & Equipment PCL's current share price is ฿1.09. Lighting & Equipment PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.07. Lighting & Equipment PCL's Cyclically Adjusted Price-to-FCF for today is 15.57.

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

BKK:L&E' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.86   Med: 105.5   Max: 268
Current: 16.61

During the past years, Lighting & Equipment PCL's highest Cyclically Adjusted Price-to-FCF was 268.00. The lowest was 15.86. And the median was 105.50.

BKK:L&E's Cyclically Adjusted Price-to-FCF is ranked better than
77.13% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs BKK:L&E: 16.61

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.

Lighting & Equipment PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿0.088. 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 ฿0.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lighting & Equipment PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lighting & Equipment 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.

Lighting & Equipment PCL Cyclically Adjusted Price-to-FCF Chart

Lighting & Equipment 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 - - 121.62 - 67.09

Lighting & Equipment 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 - - 205.31 67.09 18.99

Competitive Comparison of Lighting & Equipment PCL's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Lighting & Equipment 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.


Lighting & Equipment PCL's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting & Equipment PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lighting & Equipment 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.

Lighting & Equipment PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.09/0.07
=15.57

* 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.

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

For example, Lighting & Equipment 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)
=0.088/131.7762*131.7762
=0.088

Current CPI (Mar. 2024) = 131.7762.

Lighting & Equipment PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.252 100.560 -0.330
201409 -0.316 100.428 -0.415
201412 -0.558 99.070 -0.742
201503 -0.248 99.621 -0.328
201506 0.005 100.684 0.007
201509 0.033 100.392 0.043
201512 0.152 99.792 0.201
201603 0.137 100.470 0.180
201606 -0.005 101.688 -0.006
201609 0.216 101.861 0.279
201612 0.747 101.863 0.966
201703 -0.156 102.862 -0.200
201706 -0.056 103.349 -0.071
201709 -0.015 104.136 -0.019
201712 0.001 104.011 0.001
201803 -0.007 105.290 -0.009
201806 -0.051 106.317 -0.063
201809 -0.106 106.507 -0.131
201812 0.027 105.998 0.034
201903 0.335 107.251 0.412
201906 0.022 108.070 0.027
201909 -0.018 108.329 -0.022
201912 0.127 108.420 0.154
202003 0.411 108.902 0.497
202006 0.036 108.767 0.044
202009 -0.005 109.815 -0.006
202012 0.348 109.897 0.417
202103 -0.015 111.754 -0.018
202106 -0.275 114.631 -0.316
202109 -0.021 115.734 -0.024
202112 -0.002 117.630 -0.002
202203 -0.212 121.301 -0.230
202206 0.036 125.017 0.038
202209 0.004 125.227 0.004
202212 -0.003 125.222 -0.003
202303 -0.021 127.348 -0.022
202306 0.032 128.729 0.033
202309 0.125 129.860 0.127
202312 0.079 129.419 0.080
202403 0.088 131.776 0.088

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.


Lighting & Equipment PCL  (BKK:L&E) 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.


Lighting & Equipment PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Lighting & Equipment PCL (BKK:L&E) Business Description

Traded in Other Exchanges
N/A
Address
Sri-Ayudhya Road, 539/2, 16-17 Floor, Gypsum Metropolitan Tower, Rajthevee, Bangkok, THA, 10400
Lighting & Equipment PCL is engaged in manufacturing, and distributing lighting fixtures, lamps, electrical equipment, and installation service and design of electric and lighting systems. Its other products include cable trunking systems, light-emitting diodes (LEDs), light boxes, lighting control equipment, lighting poles, luminaries, optical fiber lighting, and others. These products are sold through two main channels, project and retail. The company offers its products to hotels, resorts, airports, shopping malls, commercial buildings, and showrooms among others.

Lighting & Equipment PCL (BKK:L&E) Headlines

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