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Changjiang Publishing & Media Co (SHSE:600757) Cyclically Adjusted Price-to-FCF : 14.63 (As of Jun. 01, 2024)


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What is Changjiang Publishing & Media Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Changjiang Publishing & Media Co's current share price is ¥7.90. Changjiang Publishing & Media Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.54. Changjiang Publishing & Media Co's Cyclically Adjusted Price-to-FCF for today is 14.63.

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

SHSE:600757' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.44   Med: 32.28   Max: 443.5
Current: 14.34

During the past years, Changjiang Publishing & Media Co's highest Cyclically Adjusted Price-to-FCF was 443.50. The lowest was 12.44. And the median was 32.28.

SHSE:600757's Cyclically Adjusted Price-to-FCF is ranked better than
53.57% of 364 companies
in the Media - Diversified industry
Industry Median: 15.875 vs SHSE:600757: 14.34

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.

Changjiang Publishing & Media Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.181. 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 ¥0.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changjiang Publishing & Media Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Changjiang Publishing & Media 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.

Changjiang Publishing & Media Co Cyclically Adjusted Price-to-FCF Chart

Changjiang Publishing & Media 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 19.81 16.05 13.97 12.54 13.89

Changjiang Publishing & Media 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 13.54 17.72 14.49 13.89 14.93

Competitive Comparison of Changjiang Publishing & Media Co's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Changjiang Publishing & Media 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.


Changjiang Publishing & Media Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Changjiang Publishing & Media Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Changjiang Publishing & Media Co's Cyclically Adjusted Price-to-FCF falls into.



Changjiang Publishing & Media 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.

Changjiang Publishing & Media Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.90/0.54
=14.63

* 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.

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

For example, Changjiang Publishing & Media 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)
=-0.181/115.2271*115.2271
=-0.181

Current CPI (Mar. 2024) = 115.2271.

Changjiang Publishing & Media Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.091 98.200 0.107
201409 -0.041 98.900 -0.048
201412 0.454 99.000 0.528
201503 -0.208 99.900 -0.240
201506 0.266 99.500 0.308
201509 -0.055 100.500 -0.063
201512 0.559 100.600 0.640
201603 -0.411 102.200 -0.463
201606 0.170 101.400 0.193
201609 0.248 102.400 0.279
201612 0.509 102.600 0.572
201703 -0.528 103.200 -0.590
201706 0.029 103.100 0.032
201709 0.169 104.100 0.187
201712 0.432 104.500 0.476
201803 -0.403 105.300 -0.441
201806 0.288 104.900 0.316
201809 -0.168 106.600 -0.182
201812 0.615 106.500 0.665
201903 -0.309 107.700 -0.331
201906 0.349 107.700 0.373
201909 -0.238 109.800 -0.250
201912 0.643 111.200 0.666
202003 -0.191 112.300 -0.196
202006 -0.317 110.400 -0.331
202009 0.360 111.700 0.371
202012 0.549 111.500 0.567
202103 -0.226 112.662 -0.231
202106 0.348 111.769 0.359
202109 -0.254 112.215 -0.261
202112 0.799 113.108 0.814
202203 -0.200 114.335 -0.202
202206 0.201 114.558 0.202
202209 -0.046 115.339 -0.046
202212 0.851 115.116 0.852
202303 0.158 115.116 0.158
202306 0.218 114.558 0.219
202309 0.180 115.339 0.180
202312 0.362 114.781 0.363
202403 -0.181 115.227 -0.181

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.


Changjiang Publishing & Media Co  (SHSE:600757) 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.


Changjiang Publishing & Media Co Cyclically Adjusted Price-to-FCF Related Terms

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Changjiang Publishing & Media Co (SHSE:600757) Business Description

Traded in Other Exchanges
N/A
Address
No. 268 Xiongchu Avenue, 11th-12th Floor, Block B, Hubei Publishing Culture City, Hubei Province, Wuhan, CHN, 430070
Changjiang Publishing & Media Co Ltd is engaged in the publication and media industry, as well as the manufacturing of clothing and other fiber products.
Executives
Zhou Yi Ping Director
Tian Wu Ying senior management
Wan Zhi Director
Hua Ying Sheng Director
Luo Jin Supervisors

Changjiang Publishing & Media Co (SHSE:600757) Headlines

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