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Suzhou Douson Drilling and Production Equipment Co (SHSE:603800) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Suzhou Douson Drilling and Production Equipment Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzhou Douson Drilling and Production Equipment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Suzhou Douson Drilling and Production Equipment 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.

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Suzhou Douson Drilling and Production Equipment Co Cyclically Adjusted Price-to-FCF Chart

Suzhou Douson Drilling and Production Equipment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Suzhou Douson Drilling and Production Equipment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Suzhou Douson Drilling and Production Equipment Co's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Suzhou Douson Drilling and Production Equipment 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.


Suzhou Douson Drilling and Production Equipment Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Suzhou Douson Drilling and Production Equipment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Suzhou Douson Drilling and Production Equipment Co's Cyclically Adjusted Price-to-FCF falls into.



Suzhou Douson Drilling and Production Equipment 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.

Suzhou Douson Drilling and Production Equipment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Suzhou Douson Drilling and Production Equipment 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)
=-0.325/115.2271*115.2271
=-0.325

Current CPI (Mar. 2024) = 115.2271.

Suzhou Douson Drilling and Production Equipment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.194 98.600 0.227
201409 0.000 98.900 0.000
201412 0.000 99.000 0.000
201503 0.108 99.900 0.125
201506 -0.182 99.500 -0.211
201509 -0.029 100.500 -0.033
201512 0.256 100.600 0.293
201603 -0.238 102.200 -0.268
201606 0.086 101.400 0.098
201609 0.090 102.400 0.101
201612 -0.440 102.600 -0.494
201703 -0.093 103.200 -0.104
201706 -0.157 103.100 -0.175
201709 -0.212 104.100 -0.235
201712 -0.036 104.500 -0.040
201803 -0.131 105.300 -0.143
201806 0.076 104.900 0.083
201809 0.144 106.600 0.156
201812 -0.022 106.500 -0.024
201903 -0.288 107.700 -0.308
201906 0.028 107.700 0.030
201909 0.058 109.800 0.061
201912 0.802 111.200 0.831
202003 -0.010 112.300 -0.010
202006 -0.153 110.400 -0.160
202009 -0.253 111.700 -0.261
202012 -0.041 111.500 -0.042
202103 -0.459 112.662 -0.469
202106 -0.092 111.769 -0.095
202109 -0.163 112.215 -0.167
202112 -0.062 113.108 -0.063
202203 -0.540 114.335 -0.544
202206 -0.486 114.558 -0.489
202209 1.121 115.339 1.120
202212 -0.239 115.116 -0.239
202303 -1.475 115.116 -1.476
202306 -0.014 114.558 -0.014
202309 0.041 115.339 0.041
202312 0.385 114.781 0.386
202403 -0.325 115.227 -0.325

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.


Suzhou Douson Drilling and Production Equipment Co  (SHSE:603800) 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.


Suzhou Douson Drilling and Production Equipment Co Cyclically Adjusted Price-to-FCF Related Terms

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Suzhou Douson Drilling and Production Equipment Co (SHSE:603800) Business Description

Traded in Other Exchanges
N/A
Address
Xingtai Road, Taiping Town, Xiangcheng District, Suzhou, CHN, 215137
Suzhou Douson Drilling and Production Equipment Co Ltd is engaged in manufacturing and selling drilling equipment, production wellheads, valves and well control equipment. Its main products are Wellhead equipment and oil and gas (gas) trees, well control equipment, pipeline valves, top drive spindles and other oil and gas drilling equipment. Its products are widely used in the drilling, development, production and other fields of oil and gas, natural gas and shale oil and gas resources.

Suzhou Douson Drilling and Production Equipment Co (SHSE:603800) Headlines

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