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Pacific Basin Shipping (HKSE:02343) Cyclically Adjusted Price-to-FCF : 16.81 (As of Jun. 10, 2024)


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What is Pacific Basin Shipping Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Pacific Basin Shipping's current share price is HK$2.69. Pacific Basin Shipping's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.16. Pacific Basin Shipping's Cyclically Adjusted Price-to-FCF for today is 16.81.

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

HKSE:02343' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.06   Med: 115.5   Max: 171
Current: 16.34

During the past 13 years, Pacific Basin Shipping's highest Cyclically Adjusted Price-to-FCF was 171.00. The lowest was 13.06. And the median was 115.50.

HKSE:02343's Cyclically Adjusted Price-to-FCF is ranked better than
52.21% of 429 companies
in the Transportation industry
Industry Median: 17.79 vs HKSE:02343: 16.34

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.

Pacific Basin Shipping's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.146. 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 HK$0.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Basin Shipping Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pacific Basin Shipping'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.

Pacific Basin Shipping Cyclically Adjusted Price-to-FCF Chart

Pacific Basin Shipping 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 - - - 131.04 15.61

Pacific Basin Shipping Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 131.04 - 15.61

Competitive Comparison of Pacific Basin Shipping's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Pacific Basin Shipping'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.


Pacific Basin Shipping's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pacific Basin Shipping's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pacific Basin Shipping 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.

Pacific Basin Shipping's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.69/0.16
=16.81

* 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.

Pacific Basin Shipping's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Pacific Basin Shipping's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.146/117.2957*117.2957
=0.146

Current CPI (Dec23) = 117.2957.

Pacific Basin Shipping Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.298 99.707 -0.351
201512 -0.140 102.015 -0.161
201612 -0.311 103.225 -0.353
201712 -0.179 104.984 -0.200
201812 0.108 107.622 0.118
201912 0.055 110.700 0.058
202012 0.195 109.711 0.208
202112 0.901 112.349 0.941
202212 1.211 114.548 1.240
202312 0.146 117.296 0.146

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.


Pacific Basin Shipping  (HKSE:02343) 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.


Pacific Basin Shipping Cyclically Adjusted Price-to-FCF Related Terms

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


Pacific Basin Shipping (HKSE:02343) Business Description

Traded in Other Exchanges
Address
2 Heung Yip Road, 31st Floor One Island South, Wong Chuk Hang, Hong Kong, HKG
Pacific Basin Shipping Ltd is an investment holding company engaged in the provision of dry bulk shipping services internationally including Asia, America, Europe, Africa, and Australia and New Zealand. The company generates revenue from shipping activities, while the principal sources of which are derived from Handysize and Supramax vessels.
Executives
Citigroup Inc. 2502 Approved lending agent
Jpmorgan Chase & Co.
Pzena Investment Management, Llc 2102 Investment manager
M&g Plc
Brown Brothers Harriman & Co. 2502 Approved lending agent
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Fmr Llc 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Wellington Management Group Llp 2102 Investment manager
Hsbc Holdings Plc 2302 Custodian
Aggregate Of Abrdn Plc Affiliated Investment Management Entities 2102 Investment manager
Aberdeen Global 2102 Investment manager

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