GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » POSCO Holdings Inc (BSP:P1KX34) » Definitions » Cyclically Adjusted Price-to-FCF

POSCO Holdings (BSP:P1KX34) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


View and export this data going back to 2020. Start your Free Trial

What is POSCO Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


POSCO Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for POSCO Holdings'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.

POSCO Holdings Cyclically Adjusted Price-to-FCF Chart

POSCO Holdings 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 28.99 14.73 9.45 8.69 14.22

POSCO Holdings 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 11.48 11.41 15.30 14.22 -

Competitive Comparison of POSCO Holdings's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, POSCO Holdings'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.


POSCO Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, POSCO Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



POSCO Holdings 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.

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

For example, POSCO Holdings'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)
=0/118.8477*118.8477
=0.000

Current CPI (Mar. 2024) = 118.8477.

POSCO Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.400 99.353 -0.478
201409 1.902 99.608 2.269
201412 7.246 99.098 8.690
201503 2.771 99.720 3.303
201506 15.477 100.050 18.385
201509 12.059 100.110 14.316
201512 15.512 100.220 18.395
201603 10.929 100.560 12.917
201606 9.205 100.790 10.854
201609 8.951 101.460 10.485
201612 -2.557 101.560 -2.992
201703 1.872 102.850 2.163
201706 1.360 102.610 1.575
201709 7.545 103.490 8.665
201712 16.522 102.990 19.066
201803 10.204 104.100 11.650
201806 2.237 104.130 2.553
201809 17.299 105.650 19.460
201812 5.455 104.350 6.213
201903 8.672 104.490 9.864
201906 7.455 104.880 8.448
201909 5.841 105.200 6.599
201912 11.963 105.120 13.525
202003 8.487 105.540 9.557
202006 17.907 104.870 20.294
202009 22.157 106.200 24.796
202012 25.103 105.765 28.208
202103 -0.232 107.357 -0.257
202106 12.889 107.579 14.239
202109 11.591 108.759 12.666
202112 16.757 109.676 18.158
202203 -12.359 111.806 -13.137
202206 -10.147 114.083 -10.571
202209 20.615 114.831 21.336
202212 11.121 115.200 11.473
202303 -20.318 116.550 -20.719
202306 8.484 117.140 8.608
202309 5.913 119.111 5.900
202312 -6.299 118.848 -6.299
202403 0.000 118.848 0.000

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.


POSCO Holdings  (BSP:P1KX34) 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.


POSCO Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


POSCO Holdings (BSP:P1KX34) Business Description

Industry
Traded in Other Exchanges
Address
POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194
POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company's operating segments are 1) Steel Segment includes the production and sale of steel products. 2) Green Infrastructure Business includes the provision of infrastructure and related services. The segment is divided into three operations, Trading Segment consists trading and natural resources development activities. Construction Segment consists planning, designing and construction of industrial plants, civil engineering projects and buildings. The energy and Other Segment consists power generation and information technology and operational technology services. 3) Green Materials and Energy Segment include manufacturing and sale of energy-related and other industrial materials, 4) Others Segment.

POSCO Holdings (BSP:P1KX34) Headlines

No Headlines