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Core Laboratories (LTS:0Q82) Cyclically Adjusted Price-to-FCF : 7.08 (As of May. 10, 2024)


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What is Core Laboratories Cyclically Adjusted Price-to-FCF?

As of today (2024-05-10), Core Laboratories's current share price is €23.80. Core Laboratories's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was €3.36. Core Laboratories's Cyclically Adjusted Price-to-FCF for today is 7.08.

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

LTS:0Q82's Cyclically Adjusted Price-to-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 14.32
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

Core Laboratories's adjusted free cash flow per share data for the three months ended in Mar. 2023 was €-0.106. 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 €3.36 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Core Laboratories Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Core Laboratories'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.

Core Laboratories Cyclically Adjusted Price-to-FCF Chart

Core Laboratories Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.52 9.52 7.24 6.40 6.16

Core Laboratories Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 8.94 5.80 3.81 6.16 7.08

Competitive Comparison of Core Laboratories's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Core Laboratories'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.


Core Laboratories's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Core Laboratories 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.

Core Laboratories's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.80/3.36
=7.08

* 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.

Core Laboratories's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Core Laboratories's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.106/124.7200*124.7200
=-0.106

Current CPI (Mar. 2023) = 124.7200.

Core Laboratories Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.943 98.320 1.196
201309 1.049 99.080 1.320
201312 1.261 98.360 1.599
201403 0.927 99.390 1.163
201406 0.872 99.240 1.096
201409 1.156 99.960 1.442
201412 1.638 99.050 2.063
201503 1.541 99.750 1.927
201506 0.850 100.230 1.058
201509 0.762 100.500 0.946
201512 0.968 99.730 1.211
201603 0.912 100.310 1.134
201606 0.516 100.260 0.642
201609 0.650 100.570 0.806
201612 0.416 100.710 0.515
201703 0.489 101.440 0.601
201706 0.315 101.370 0.388
201709 0.471 102.030 0.576
201712 0.791 101.970 0.967
201803 0.339 102.470 0.413
201806 0.360 103.100 0.435
201809 0.377 103.950 0.452
201812 0.636 103.970 0.763
201903 0.395 105.370 0.468
201906 0.198 105.840 0.233
201909 0.418 106.700 0.489
201912 0.334 106.800 0.390
202003 0.379 106.850 0.442
202006 0.474 107.510 0.550
202009 0.348 107.880 0.402
202012 -0.282 107.850 -0.326
202103 0.094 108.870 0.108
202106 0.115 109.670 0.131
202109 0.157 110.790 0.177
202112 0.045 114.010 0.049
202203 0.058 119.460 0.061
202206 -0.053 119.050 -0.056
202209 0.068 126.890 0.067
202212 0.228 124.940 0.228
202303 -0.106 124.720 -0.106

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.


Core Laboratories  (LTS:0Q82) 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.


Core Laboratories Cyclically Adjusted Price-to-FCF Related Terms

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


Core Laboratories (LTS:0Q82) Business Description

Industry
Traded in Other Exchanges
Address
6316 Windfern Road, Houston, TX, USA, 77040
Core Laboratories is the premier provider of reservoir description and production enhancement services for oil and gas exploration and production. It provides data and analytics to aid well operators in determining optimal methods for recovering, processing, and refining hydrocarbons from a well. It also manufactures the associated lab equipment for its services.

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