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CSI Solar Co (SHSE:688472) Cyclically Adjusted Price-to-FCF : 78.00 (As of May. 26, 2024)


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What is CSI Solar Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), CSI Solar Co's current share price is ¥12.48. CSI Solar Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.16. CSI Solar Co's Cyclically Adjusted Price-to-FCF for today is 78.00.

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

SHSE:688472' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 76.31   Med: 85.29   Max: 89.31
Current: 77.42

During the past 11 years, CSI Solar Co's highest Cyclically Adjusted Price-to-FCF was 89.31. The lowest was 76.31. And the median was 85.29.

SHSE:688472's Cyclically Adjusted Price-to-FCF is ranked worse than
74.18% of 337 companies
in the Semiconductors industry
Industry Median: 40.59 vs SHSE:688472: 77.42

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.

CSI Solar Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.009. 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 Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSI Solar Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CSI Solar 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.

CSI Solar Co Cyclically Adjusted Price-to-FCF Chart

CSI Solar Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 78.35

CSI Solar Co Quarterly Data
Mar17 Jun17 Sep17 Dec18 Dec19 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 - - - 78.35 -

Competitive Comparison of CSI Solar Co's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, CSI Solar 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.


CSI Solar Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, CSI Solar Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CSI Solar Co's Cyclically Adjusted Price-to-FCF falls into.



CSI Solar 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.

CSI Solar Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.48/0.16
=78.00

* 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.

CSI Solar Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, CSI Solar Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.009/114.7809*114.7809
=0.009

Current CPI (Dec23) = 114.7809.

CSI Solar Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201612 0.000 102.600 0.000
201812 0.000 106.500 0.000
201912 0.000 111.200 0.000
202012 1.436 111.500 1.478
202112 -1.289 113.108 -1.308
202212 0.467 115.116 0.466
202312 0.009 114.781 0.009

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.


CSI Solar Co  (SHSE:688472) 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.


CSI Solar Co Cyclically Adjusted Price-to-FCF Related Terms

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


CSI Solar Co (SHSE:688472) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 199 Lushan Road, Suzhou High-tech Zone, Jiangsu Province, Suzhou, CHN, 215129
CSI Solar Co Ltd research & development, production and sales of crystalline silicon photovoltaic modules. Its products include Modules, inverters, system kits, and energy storage.

CSI Solar Co (SHSE:688472) Headlines

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