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Range Resources (FRA:RAX) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Range Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Range Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Range Resources'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.

Range Resources Cyclically Adjusted Price-to-FCF Chart

Range Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Range Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Range Resources's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Range Resources'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.


Range Resources's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Range Resources 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.

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

For example, Range Resources'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)
=0.673/131.7762*131.7762
=0.673

Current CPI (Mar. 2024) = 131.7762.

Range Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.540 100.560 -0.708
201409 -0.665 100.428 -0.873
201412 -0.390 99.070 -0.519
201503 -0.986 99.621 -1.304
201506 -0.938 100.684 -1.228
201509 -0.505 100.392 -0.663
201512 0.181 99.792 0.239
201603 -0.192 100.470 -0.252
201606 -0.297 101.688 -0.385
201609 -0.352 101.861 -0.455
201612 0.155 101.863 0.201
201703 0.040 102.862 0.051
201706 -0.387 103.349 -0.493
201709 -0.415 104.136 -0.525
201712 -0.595 104.011 -0.754
201803 0.120 105.290 0.150
201806 -0.395 106.317 -0.490
201809 0.068 106.507 0.084
201812 0.094 105.998 0.117
201903 0.167 107.251 0.205
201906 -0.050 108.070 -0.061
201909 -0.269 108.329 -0.327
201912 -0.090 108.420 -0.109
202003 -0.059 108.902 -0.071
202006 -0.182 108.767 -0.221
202009 -0.340 109.815 -0.408
202012 -0.008 109.897 -0.010
202103 -0.006 111.754 -0.007
202106 0.217 114.631 0.249
202109 0.285 115.734 0.325
202112 0.764 117.630 0.856
202203 1.124 121.301 1.221
202206 0.748 125.017 0.788
202209 1.549 125.227 1.630
202212 1.967 125.222 2.070
202303 1.306 127.348 1.351
202306 -0.122 128.729 -0.125
202309 -0.006 129.860 -0.006
202312 0.269 129.419 0.274
202403 0.673 131.776 0.673

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.


Range Resources  (FRA:RAX) 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.


Range Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Range Resources (FRA:RAX) Business Description

Industry
Traded in Other Exchanges
Address
100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.

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