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Groove Botanicals (Groove Botanicals) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Groove Botanicals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Groove Botanicals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Groove Botanicals'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.

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Groove Botanicals Cyclically Adjusted Price-to-FCF Chart

Groove Botanicals Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cyclically Adjusted Price-to-FCF
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Groove Botanicals Semi-Annual Data
Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Sep22 Sep23
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Competitive Comparison of Groove Botanicals's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Groove Botanicals'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.


Groove Botanicals's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Groove Botanicals 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.

Groove Botanicals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar17 is calculated as:

For example, Groove Botanicals's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar17 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar17 (Change)*Current CPI (Mar17)
=-0.006/102.8622*102.8622
=-0.006

Current CPI (Mar17) = 102.8622.

Groove Botanicals Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200803 -24.479 90.090 -27.950
200903 -6.115 89.744 -7.009
201003 -0.116 91.821 -0.130
201103 -0.584 94.283 -0.637
201203 -0.162 96.783 -0.172
201303 -0.096 98.209 -0.101
201403 -0.038 99.695 -0.039
201503 -0.029 99.621 -0.030
201603 -0.020 100.470 -0.020
201703 -0.006 102.862 -0.006

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.


Groove Botanicals  (OTCPK:GRVE) 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.


Groove Botanicals Cyclically Adjusted Price-to-FCF Related Terms

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Groove Botanicals (Groove Botanicals) Business Description

Industry
Traded in Other Exchanges
N/A
Address
310 Fourth Avenue South, Suite 7000, Minneapolis, MN, USA, 55415
Groove Botanicals Inc is Nevada Based corporation which is a publicly quoted independent oil and gas producer.
Executives
Utek Corp 10 percent owner 2109 PALM AVENUE, TAMPA FL 33605

Groove Botanicals (Groove Botanicals) Headlines

From GuruFocus

Groove Botanicals Shareholder Update

By PRNewswire PRNewswire 06-15-2018