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Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) Cyclically Adjusted Price-to-FCF : 65.58 (As of Jun. 04, 2024)


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What is Jiangsu Hengshun Vinegar Industry Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Jiangsu Hengshun Vinegar Industry Co's current share price is ¥7.87. Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.12. Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted Price-to-FCF for today is 65.58.

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

SHSE:600305' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 48.19   Med: 124.43   Max: 1133
Current: 65.36

During the past years, Jiangsu Hengshun Vinegar Industry Co's highest Cyclically Adjusted Price-to-FCF was 1133.00. The lowest was 48.19. And the median was 124.43.

SHSE:600305's Cyclically Adjusted Price-to-FCF is ranked worse than
84.36% of 716 companies
in the Consumer Packaged Goods industry
Industry Median: 23.065 vs SHSE:600305: 65.36

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.

Jiangsu Hengshun Vinegar Industry Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.116. 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 ¥0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Hengshun Vinegar Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Hengshun Vinegar Industry 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.

Jiangsu Hengshun Vinegar Industry Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Hengshun Vinegar Industry 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 126.80 137.85 76.10 59.48 66.85

Jiangsu Hengshun Vinegar Industry 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 62.84 59.33 63.83 66.85 66.18

Competitive Comparison of Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Jiangsu Hengshun Vinegar Industry 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.


Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Hengshun Vinegar Industry 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.

Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.87/0.12
=65.58

* 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.

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

For example, Jiangsu Hengshun Vinegar Industry 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)
=-0.116/115.2271*115.2271
=-0.116

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Hengshun Vinegar Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.010 98.200 0.012
201409 0.066 98.900 0.077
201412 -0.037 99.000 -0.043
201503 0.044 99.900 0.051
201506 -0.020 99.500 -0.023
201509 0.010 100.500 0.011
201512 0.004 100.600 0.005
201603 0.021 102.200 0.024
201606 0.044 101.400 0.050
201609 0.056 102.400 0.063
201612 -0.005 102.600 -0.006
201703 -0.005 103.200 -0.006
201706 0.118 103.100 0.132
201709 0.081 104.100 0.090
201712 -0.005 104.500 -0.006
201803 0.082 105.300 0.090
201806 0.066 104.900 0.072
201809 0.077 106.600 0.083
201812 0.032 106.500 0.035
201903 0.043 107.700 0.046
201906 0.052 107.700 0.056
201909 0.108 109.800 0.113
201912 0.087 111.200 0.090
202003 0.039 112.300 0.040
202006 0.088 110.400 0.092
202009 0.065 111.700 0.067
202012 0.019 111.500 0.020
202103 -0.006 112.662 -0.006
202106 0.107 111.769 0.110
202109 -0.106 112.215 -0.109
202112 0.186 113.108 0.189
202203 -0.099 114.335 -0.100
202206 0.140 114.558 0.141
202209 -0.058 115.339 -0.058
202212 0.003 115.116 0.003
202303 0.003 115.116 0.003
202306 -0.012 114.558 -0.012
202309 -0.054 115.339 -0.054
202312 -0.013 114.781 -0.013
202403 -0.116 115.227 -0.116

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.


Jiangsu Hengshun Vinegar Industry Co  (SHSE:600305) 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.


Jiangsu Hengshun Vinegar Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Hengshun Avenue, Zhenjiang, Jiangsu Province, Dantu New City, CHN, 212028
Jiangsu Hengshun Vinegar Industry Co Ltd is a Chinese company which produces traditional brewing spices, condiments, vinegar, and health products. The company is also involved in residential real estate and packaging and printing.

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