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Jaiprakash Power Ventures (BOM:532627) Cyclically Adjusted Price-to-FCF : 23.86 (As of May. 28, 2024)


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What is Jaiprakash Power Ventures Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Jaiprakash Power Ventures's current share price is ₹20.04. Jaiprakash Power Ventures's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹0.84. Jaiprakash Power Ventures's Cyclically Adjusted Price-to-FCF for today is 23.86.

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

BOM:532627' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.35   Med: 22.44   Max: 24.51
Current: 24.51

During the past 13 years, Jaiprakash Power Ventures's highest Cyclically Adjusted Price-to-FCF was 24.51. The lowest was 20.35. And the median was 22.44.

BOM:532627's Cyclically Adjusted Price-to-FCF is ranked worse than
64.75% of 122 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.185 vs BOM:532627: 24.51

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.

Jaiprakash Power Ventures's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹2.522. 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 ₹0.84 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jaiprakash Power Ventures Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jaiprakash Power Ventures'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.

Jaiprakash Power Ventures Cyclically Adjusted Price-to-FCF Chart

Jaiprakash Power Ventures 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 - - - - 18.25

Jaiprakash Power Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - 18.25

Competitive Comparison of Jaiprakash Power Ventures's Cyclically Adjusted Price-to-FCF

For the Utilities - Independent Power Producers subindustry, Jaiprakash Power Ventures'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.


Jaiprakash Power Ventures's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jaiprakash Power Ventures's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jaiprakash Power Ventures's Cyclically Adjusted Price-to-FCF falls into.



Jaiprakash Power Ventures 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.

Jaiprakash Power Ventures's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.04/0.84
=23.86

* 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.

Jaiprakash Power Ventures's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Jaiprakash Power Ventures's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=2.522/153.0345*153.0345
=2.522

Current CPI (Mar24) = 153.0345.

Jaiprakash Power Ventures Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -5.052 97.163 -7.957
201603 0.825 102.518 1.232
201703 1.499 105.196 2.181
201803 2.566 109.786 3.577
201903 1.693 118.202 2.192
202003 1.319 124.705 1.619
202103 0.715 131.771 0.830
202203 1.083 138.822 1.194
202303 0.945 146.865 0.985
202403 2.522 153.035 2.522

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.


Jaiprakash Power Ventures  (BOM:532627) 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.


Jaiprakash Power Ventures Cyclically Adjusted Price-to-FCF Related Terms

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


Jaiprakash Power Ventures (BOM:532627) Business Description

Traded in Other Exchanges
Address
63, Basant Lok, JA House, Vasant Vihar, New Delhi, IND, 110 057
Jaiprakash Power Ventures Ltd is an Indian power company. The firm plan, develop, implement and operate power projects in India. In addition, it operates the largest hydroelectric power plant in the private sector in India. The company is also engaged in the business of cement grinding and captive coal mining operations. Its segments include Power & Transmission, Sand Mining, Coal, and Others. It generates a majority of its revenue from the Power and transmission segment. Geographically the company generates its revenue from India.

Jaiprakash Power Ventures (BOM:532627) Headlines

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