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PetroChina Co (PetroChina Co) Cyclically Adjusted Price-to-FCF : 18.60 (As of Jun. 08, 2024)


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What is PetroChina Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), PetroChina Co's current share price is $0.93. PetroChina Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.05. PetroChina Co's Cyclically Adjusted Price-to-FCF for today is 18.60.

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

PCCYF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.33   Med: 27.73   Max: 910
Current: 17.23

During the past years, PetroChina Co's highest Cyclically Adjusted Price-to-FCF was 910.00. The lowest was 12.33. And the median was 27.73.

PCCYF's Cyclically Adjusted Price-to-FCF is ranked worse than
58.29% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs PCCYF: 17.23

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.

PetroChina Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.042. 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 $0.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PetroChina Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PetroChina Co'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.

PetroChina Co Cyclically Adjusted Price-to-FCF Chart

PetroChina Co 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 26.93 19.56 19.18 12.35 13.81

PetroChina Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.41 15.41 16.03 13.81 17.04

Competitive Comparison of PetroChina Co's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, PetroChina Co'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.


PetroChina Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



PetroChina Co 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.

PetroChina Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.93/0.05
=18.60

* 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.

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

For example, PetroChina Co'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)
=0.042/115.2271*115.2271
=0.042

Current CPI (Mar. 2024) = 115.2271.

PetroChina Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.049 98.200 0.057
201409 0.051 98.900 0.059
201412 -0.015 99.000 -0.017
201503 -0.020 99.900 -0.023
201506 0.030 99.500 0.035
201509 0.040 100.500 0.046
201512 -0.008 100.600 -0.009
201603 0.008 102.200 0.009
201606 0.015 101.400 0.017
201609 0.057 102.400 0.064
201612 0.002 102.600 0.002
201703 0.024 103.200 0.027
201706 0.025 103.100 0.028
201709 0.046 104.100 0.051
201712 0.011 104.500 0.012
201803 0.002 105.300 0.002
201806 0.038 104.900 0.042
201809 0.045 106.600 0.049
201812 -0.020 106.500 -0.022
201903 0.001 107.700 0.001
201906 0.008 107.700 0.009
201909 0.032 109.800 0.034
201912 -0.015 111.200 -0.016
202003 -0.053 112.300 -0.054
202006 0.029 110.400 0.030
202009 0.021 111.700 0.022
202012 0.047 111.500 0.049
202103 -0.032 112.662 -0.033
202106 0.037 111.769 0.038
202109 0.044 112.215 0.045
202112 0.016 113.108 0.016
202203 0.028 114.335 0.028
202206 0.052 114.558 0.052
202209 0.048 115.339 0.048
202212 -0.004 115.116 -0.004
202303 0.060 115.116 0.060
202306 0.026 114.558 0.026
202309 0.042 115.339 0.042
202312 0.006 114.781 0.006
202403 0.042 115.227 0.042

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.


PetroChina Co  (OTCPK:PCCYF) 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.


PetroChina Co Cyclically Adjusted Price-to-FCF Related Terms

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


PetroChina Co (PetroChina Co) Business Description

Industry
Traded in Other Exchanges
Address
No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.

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