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China Best Group Holding (HKSE:00370) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is China Best Group Holding Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Best Group Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Best Group Holding'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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China Best Group Holding Cyclically Adjusted Price-to-FCF Chart

China Best Group Holding Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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China Best Group Holding Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of China Best Group Holding's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, China Best Group Holding'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.


China Best Group Holding's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Best Group Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Best Group Holding's Cyclically Adjusted Price-to-FCF falls into.



China Best Group Holding 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.

China Best Group Holding's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, China Best Group Holding's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.013/115.4269*115.4269
=-0.013

Current CPI (Mar23) = 115.4269.

China Best Group Holding Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 -0.196 91.132 -0.248
201312 -0.065 95.090 -0.079
201412 -0.515 99.707 -0.596
201512 -0.532 102.015 -0.602
201612 -0.320 103.225 -0.358
201712 0.091 104.984 0.100
201812 -0.072 107.622 -0.077
201912 -0.011 110.700 -0.011
202203 -0.035 113.558 -0.036
202303 -0.013 115.427 -0.013

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.


China Best Group Holding  (HKSE:00370) 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.


China Best Group Holding Cyclically Adjusted Price-to-FCF Related Terms

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China Best Group Holding (HKSE:00370) Business Description

Traded in Other Exchanges
Address
The Gateway, Harbour City, Suite 1901-2 & 14, 19th Floor, Tower 6, Kowloon, Hong Kong, HKG
China Best Group Holding Ltd is a China-based company having various business segments. Trading of goods including radio systems and electronic appliances which is the key revenue driver; Finance leasing of plant and machinery; Money lending; Securities and futures brokerage segment engages in securities and futures dealing services in Hong Kong; International air and sea freight forwarding and logistic services to customers in Singapore and the USA; Securities trading of equity securities and dividend income from held for trading investments; Property investment for rental income and capital appreciation in PRC; Building architecture and interior design services; Property brokerage and agency service,Geothermal energy, Customised technical support segment and Centralised heating segment.
Executives
Ping Pacific Limited 2101 Beneficial owner
Yeung Yat Ping 2101 Beneficial owner
South Leader Limited 2101 Beneficial owner
Li Meng Zhe 2101 Beneficial owner
Max Kensho Capital Group Limited 2101 Beneficial owner
Sunbow Int'l Enterprise Limited 2101 Beneficial owner
Wang Baoning 2101 Beneficial owner
Li Meng Zhe 2201 Interest of corporation controlled by you
Wang Yicheng 2201 Interest of corporation controlled by you

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