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Royale Energy (Royale Energy) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is Royale Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Royale Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Royale Energy'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.

Royale Energy Cyclically Adjusted Price-to-FCF Chart

Royale Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Royale Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Royale Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Royale Energy'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.


Royale Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Royale Energy 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.

Royale Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Royale Energy's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.021/129.4194*129.4194
=-0.021

Current CPI (Dec. 2023) = 129.4194.

Royale Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.107 99.695 -0.139
201406 -0.172 100.560 -0.221
201409 -0.124 100.428 -0.160
201412 -0.016 99.070 -0.021
201503 -0.174 99.621 -0.226
201506 -0.112 100.684 -0.144
201509 -0.090 100.392 -0.116
201512 -0.133 99.792 -0.172
201603 -0.099 100.470 -0.128
201606 0.012 101.688 0.015
201609 -0.135 101.861 -0.172
201612 -0.063 101.863 -0.080
201703 -0.035 102.862 -0.044
201706 -0.066 103.349 -0.083
201709 -0.125 104.136 -0.155
201712 -0.030 104.011 -0.037
201803 -0.002 105.290 -0.002
201806 -0.025 106.317 -0.030
201809 -0.039 106.507 -0.047
201812 -0.042 105.998 -0.051
201903 -0.063 107.251 -0.076
201906 -0.030 108.070 -0.036
201909 -0.054 108.329 -0.065
201912 -0.081 108.420 -0.097
202003 -0.032 108.902 -0.038
202006 -0.022 108.767 -0.026
202009 -0.019 109.815 -0.022
202012 -0.024 109.897 -0.028
202103 -0.028 111.754 -0.032
202106 -0.025 114.631 -0.028
202109 -0.035 115.734 -0.039
202112 -0.016 117.630 -0.018
202203 -0.034 121.301 -0.036
202206 -0.031 125.017 -0.032
202209 -0.025 125.227 -0.026
202212 -0.038 125.222 -0.039
202303 -0.017 127.348 -0.017
202306 -0.043 128.729 -0.043
202309 -0.007 129.860 -0.007
202312 -0.021 129.419 -0.021

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.


Royale Energy  (OTCPK:ROYL) 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.


Royale Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Royale Energy (Royale Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1530 Hilton Head Road, Suite 205, El Cajon, CA, USA, 92019
Royale Energy Inc is an independent oil and natural gas producer. The company's business includes the production and sale of oil and natural gas, acquisition of oil and gas lease interests and proved reserves, drilling of both exploratory and development wells, and sales of fractional working interests in wells to be drilled by Royale. Its own wells and leases are located in the Sacramento Basin and San Joaquin Basin in California as well as in Utah, Texas, Oklahoma, and Louisiana.
Executives
Jonathan Gregory director, officer: Chief Executive Officer 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Stephen M Hosmer officer: CFO and Secretary 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Barry D Lasker director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Karen Kerns director, 10 percent owner 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Thomas M Gladney director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Harry Hosmer director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Michael Mccaskey director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Robert J Vogel director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Mel G Riggs director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Johnny Jordan director, 10 percent owner, officer: President 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Rod Eson director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Jeffrey R Kerns director, 10 percent owner 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Ronald Verdier director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Ronald L Buck director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020

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