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Prosafe SE (Prosafe SE) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Prosafe SE Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prosafe SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Prosafe SE'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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Prosafe SE Cyclically Adjusted Price-to-FCF Chart

Prosafe SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Prosafe SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Prosafe SE's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Prosafe SE'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.


Prosafe SE's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Prosafe SE 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.

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

For example, Prosafe SE'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)
=-0.173/132.6000*132.6000
=-0.173

Current CPI (Mar. 2024) = 132.6000.

Prosafe SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -8,425.000 97.500 -11,458.000
201409 13,150.000 98.500 17,702.437
201412 7,300.000 98.600 9,817.241
201503 -55,600.000 99.200 -74,320.161
201506 -22,480.000 100.100 -29,778.701
201509 -26,050.000 100.600 -34,336.282
201512 -8,650.000 100.900 -11,367.592
201603 -87,920.000 102.500 -113,738.459
201606 62.457 103.800 79.786
201609 747.500 104.200 951.233
201612 793.750 104.400 1,008.154
201703 885.000 105.000 1,117.629
201706 161.000 105.800 201.783
201709 187.500 105.900 234.773
201712 484.615 106.100 605.655
201803 501.000 107.300 619.130
201806 402.885 108.500 492.374
201809 236.957 109.500 286.945
201812 206.723 109.800 249.649
201903 122.222 110.400 146.799
201906 -50.000 110.600 -59.946
201909 10.101 111.100 12.056
201912 19.192 111.300 22.865
202003 -145.455 111.200 -173.447
202006 -58.163 112.100 -68.799
202009 -128.866 112.900 -151.352
202012 -37.374 112.900 -43.895
202103 -182.828 114.600 -211.544
202106 -239.394 115.300 -275.313
202109 163.636 117.500 184.665
202112 3.198 118.900 3.566
202203 -0.634 119.800 -0.702
202206 -2.864 122.600 -3.098
202209 2.199 125.600 2.322
202212 2.361 125.900 2.487
202303 -0.977 127.600 -1.015
202306 -1.780 130.400 -1.810
202309 -1.503 129.800 -1.535
202312 -0.090 131.900 -0.090
202403 -0.173 132.600 -0.173

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.


Prosafe SE  (OTCPK:PRSEF) 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.


Prosafe SE Cyclically Adjusted Price-to-FCF Related Terms

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Prosafe SE (Prosafe SE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OTCPK:PRSEF) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Forusparken 2, Stavanger, NOR, 4031
Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.

Prosafe SE (Prosafe SE) Headlines

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