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Par Pacific Holdings (FRA:61P) Cyclically Adjusted Price-to-FCF : 16.29 (As of Jun. 10, 2024)


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What is Par Pacific Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Par Pacific Holdings's current share price is €22.80. Par Pacific Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.40. Par Pacific Holdings's Cyclically Adjusted Price-to-FCF for today is 16.29.

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

FRA:61P' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.37   Med: 28.78   Max: 64.8
Current: 16.37

During the past years, Par Pacific Holdings's highest Cyclically Adjusted Price-to-FCF was 64.80. The lowest was 16.37. And the median was 28.78.

FRA:61P's Cyclically Adjusted Price-to-FCF is ranked worse than
56.03% of 398 companies
in the Oil & Gas industry
Industry Median: 13.375 vs FRA:61P: 16.37

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.

Par Pacific Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.043. 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 €1.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Par Pacific Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Par Pacific 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.

Par Pacific Holdings Cyclically Adjusted Price-to-FCF Chart

Par Pacific 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 - - - 50.94 24.78

Par Pacific 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 39.62 31.63 27.56 24.78 24.06

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

For the Oil & Gas Refining & Marketing subindustry, Par Pacific 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.


Par Pacific Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Par Pacific 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.

Par Pacific Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.80/1.4
=16.29

* 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.

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

For example, Par Pacific 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)
=0.043/131.7762*131.7762
=0.043

Current CPI (Mar. 2024) = 131.7762.

Par Pacific Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.660 100.560 -2.175
201409 -0.100 100.428 -0.131
201412 0.325 99.070 0.432
201503 2.009 99.621 2.657
201506 0.159 100.684 0.208
201509 0.947 100.392 1.243
201512 -0.437 99.792 -0.577
201603 0.166 100.470 0.218
201606 -1.043 101.688 -1.352
201609 -0.429 101.861 -0.555
201612 0.256 101.863 0.331
201703 0.314 102.862 0.402
201706 0.645 103.349 0.822
201709 0.567 104.136 0.717
201712 -0.199 104.011 -0.252
201803 0.054 105.290 0.068
201806 0.199 106.317 0.247
201809 0.151 106.507 0.187
201812 0.392 105.998 0.487
201903 -1.189 107.251 -1.461
201906 1.015 108.070 1.238
201909 0.922 108.329 1.122
201912 -0.224 108.420 -0.272
202003 -0.008 108.902 -0.010
202006 0.068 108.767 0.082
202009 -0.320 109.815 -0.384
202012 -1.297 109.897 -1.555
202103 -0.602 111.754 -0.710
202106 0.374 114.631 0.430
202109 0.651 115.734 0.741
202112 -1.340 117.630 -1.501
202203 -0.367 121.301 -0.399
202206 0.359 125.017 0.378
202209 5.611 125.227 5.904
202212 1.072 125.222 1.128
202303 1.926 127.348 1.993
202306 2.355 128.729 2.411
202309 3.757 129.860 3.812
202312 -0.467 129.419 -0.476
202403 0.043 131.776 0.043

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.


Par Pacific Holdings  (FRA:61P) 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.


Par Pacific Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Par Pacific Holdings (FRA:61P) Business Description

Industry
Traded in Other Exchanges
Address
825 Town & Country Lane, Suite 1500, Houston, TX, USA, 77024
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refinery, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.

Par Pacific Holdings (FRA:61P) Headlines

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