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Tian Jin Bohai Chemical Co (SHSE:600800) Cyclically Adjusted Price-to-FCF : 53.75 (As of Jun. 09, 2024)


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What is Tian Jin Bohai Chemical Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Tian Jin Bohai Chemical Co's current share price is ¥2.15. Tian Jin Bohai Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.04. Tian Jin Bohai Chemical Co's Cyclically Adjusted Price-to-FCF for today is 53.75.

The historical rank and industry rank for Tian Jin Bohai Chemical Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600800' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.7   Med: 53   Max: 504
Current: 54.34

During the past years, Tian Jin Bohai Chemical Co's highest Cyclically Adjusted Price-to-FCF was 504.00. The lowest was 24.70. And the median was 53.00.

SHSE:600800's Cyclically Adjusted Price-to-FCF is ranked worse than
71.61% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs SHSE:600800: 54.34

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.

Tian Jin Bohai Chemical Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.014. 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 ¥0.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tian Jin Bohai Chemical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tian Jin Bohai Chemical 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.

Tian Jin Bohai Chemical Co Cyclically Adjusted Price-to-FCF Chart

Tian Jin Bohai Chemical 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 - - - 68.87 101.09

Tian Jin Bohai Chemical 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 77.44 60.25 77.28 101.09 70.76

Competitive Comparison of Tian Jin Bohai Chemical Co's Cyclically Adjusted Price-to-FCF

For the Business Equipment & Supplies subindustry, Tian Jin Bohai Chemical 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.


Tian Jin Bohai Chemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tian Jin Bohai Chemical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tian Jin Bohai Chemical Co's Cyclically Adjusted Price-to-FCF falls into.



Tian Jin Bohai Chemical 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.

Tian Jin Bohai Chemical Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.15/0.04
=53.75

* 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.

Tian Jin Bohai Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tian Jin Bohai Chemical 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)
=-0.014/115.2271*115.2271
=-0.014

Current CPI (Mar. 2024) = 115.2271.

Tian Jin Bohai Chemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.001 98.200 -0.001
201409 -0.006 98.900 -0.007
201412 -0.037 99.000 -0.043
201503 -0.053 99.900 -0.061
201506 -0.076 99.500 -0.088
201509 -0.026 100.500 -0.030
201512 0.042 100.600 0.048
201603 -0.037 102.200 -0.042
201606 -0.058 101.400 -0.066
201609 -0.036 102.400 -0.041
201612 -0.018 102.600 -0.020
201703 -0.034 103.200 -0.038
201706 -0.030 103.100 -0.034
201709 -0.025 104.100 -0.028
201712 -0.020 104.500 -0.022
201803 -0.036 105.300 -0.039
201806 0.017 104.900 0.019
201809 -0.022 106.600 -0.024
201812 -0.029 106.500 -0.031
201903 0.209 107.700 0.224
201906 0.083 107.700 0.089
201909 -0.249 109.800 -0.261
201912 0.235 111.200 0.244
202003 0.030 112.300 0.031
202006 0.108 110.400 0.113
202009 0.644 111.700 0.664
202012 -0.370 111.500 -0.382
202103 0.220 112.662 0.225
202106 -0.123 111.769 -0.127
202109 -0.197 112.215 -0.202
202112 0.342 113.108 0.348
202203 -0.185 114.335 -0.186
202206 0.137 114.558 0.138
202209 0.399 115.339 0.399
202212 0.119 115.116 0.119
202303 -0.162 115.116 -0.162
202306 -0.213 114.558 -0.214
202309 0.103 115.339 0.103
202312 -0.202 114.781 -0.203
202403 -0.014 115.227 -0.014

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.


Tian Jin Bohai Chemical Co  (SHSE:600800) 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.


Tian Jin Bohai Chemical Co Cyclically Adjusted Price-to-FCF Related Terms

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


Tian Jin Bohai Chemical Co (SHSE:600800) Business Description

Traded in Other Exchanges
N/A
Address
No. 325 Jiefang South Raod, Hexi District, Tianjin, CHN, 300202
Tian Jin Bohai Chemical Co Ltd formerly Tianjin Global Magnetic Card Co Ltd is engaged in card production, relative implement and application system, securities printing and packing productions. It offers a range of product that includes Bank Card, Telecom Card, Social Card and Integrates Circuit Card or IC Card. The company is also involved in electronic information, fine chemical industry, biology engineering.
Executives
Qi Yun Lai Supervisors
Hao Lian Jiu Director
Li En Yuan Supervisors
Li Bao Lin senior management

Tian Jin Bohai Chemical Co (SHSE:600800) Headlines

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