GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum Engineering Co Ltd (SHSE:600339) » Definitions » Cyclically Adjusted Price-to-FCF

China Petroleum Engineering Co (SHSE:600339) Cyclically Adjusted Price-to-FCF : 21.94 (As of May. 14, 2024)


View and export this data going back to 2000. Start your Free Trial

What is China Petroleum Engineering Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), China Petroleum Engineering Co's current share price is ¥3.51. China Petroleum Engineering Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.16. China Petroleum Engineering Co's Cyclically Adjusted Price-to-FCF for today is 21.94.

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

SHSE:600339' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.54   Med: 15.95   Max: 752
Current: 21.64

During the past years, China Petroleum Engineering Co's highest Cyclically Adjusted Price-to-FCF was 752.00. The lowest was 6.54. And the median was 15.95.

SHSE:600339's Cyclically Adjusted Price-to-FCF is ranked worse than
64.57% of 398 companies
in the Oil & Gas industry
Industry Median: 14.35 vs SHSE:600339: 21.64

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.

China Petroleum Engineering Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-1.134. 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 ¥0.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Petroleum Engineering Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Petroleum Engineering 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.

China Petroleum Engineering Co Cyclically Adjusted Price-to-FCF Chart

China Petroleum Engineering 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 8.20 10.49 9.80 10.50 11.25

China Petroleum Engineering 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 36.90 49.77 62.61 11.25 20.88

Competitive Comparison of China Petroleum Engineering Co's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, China Petroleum Engineering 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.


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

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

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



China Petroleum Engineering 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.

China Petroleum Engineering Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.51/0.16
=21.94

* 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.

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

For example, China Petroleum Engineering 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)
=-1.134/114.6694*114.6694
=-1.134

Current CPI (Mar. 2024) = 114.6694.

China Petroleum Engineering Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.047 98.200 0.055
201409 -0.314 98.900 -0.364
201412 0.086 99.000 0.100
201503 0.159 99.900 0.183
201506 0.267 99.500 0.308
201509 -0.088 100.500 -0.100
201512 0.353 100.600 0.402
201603 -0.435 102.200 -0.488
201606 -0.480 101.400 -0.543
201609 -0.141 102.400 -0.158
201612 1.198 102.600 1.339
201703 -1.073 103.200 -1.192
201706 0.101 103.100 0.112
201709 0.195 104.100 0.215
201712 1.048 104.500 1.150
201803 0.225 105.300 0.245
201806 0.597 104.900 0.653
201809 -0.040 106.600 -0.043
201812 0.612 106.500 0.659
201903 -0.850 107.700 -0.905
201906 -0.897 107.700 -0.955
201909 -0.383 109.800 -0.400
201912 1.567 111.200 1.616
202003 -1.338 112.300 -1.366
202006 -0.148 110.400 -0.154
202009 0.162 111.700 0.166
202012 1.151 111.500 1.184
202103 -0.990 112.662 -1.008
202106 -0.206 111.769 -0.211
202109 0.285 112.215 0.291
202112 1.514 113.108 1.535
202203 -1.871 114.335 -1.876
202206 -0.040 114.558 -0.040
202209 -0.124 115.339 -0.123
202212 1.948 115.116 1.940
202303 -1.674 115.116 -1.668
202306 -0.085 114.558 -0.085
202309 0.003 115.339 0.003
202312 2.244 114.669 2.244
202403 -1.134 114.669 -1.134

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.


China Petroleum Engineering Co  (SHSE:600339) 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.


China Petroleum Engineering Co Cyclically Adjusted Price-to-FCF Related Terms

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


China Petroleum Engineering Co (SHSE:600339) Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 5, Anding Road, Hengyi Building, Building 2, Chaoyang District, Beijing, CHN, 100029
China Petroleum Engineering Co Ltd provides surface facilities to petroleum upstream industry. The company's services include planning through front end engineering design to engineering, procurement, construction and project management consultancy for surface facilities, pipelines, buildings, water treatment facilities, highways, and infrastructure. The firm operates projects in China as well as in the overseas markets such as the Middle East, Central Asia, North Africa, America, Australia, and Europe.

China Petroleum Engineering Co (SHSE:600339) Headlines

No Headlines