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China Petroleum & Chemical (China Petroleum & Chemical) Cyclically Adjusted Price-to-FCF : 8.94 (As of Jun. 10, 2024)


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What is China Petroleum & Chemical Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), China Petroleum & Chemical's current share price is $0.6257. China Petroleum & Chemical's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.07. China Petroleum & Chemical's Cyclically Adjusted Price-to-FCF for today is 8.94.

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

SNPMF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.33   Med: 13.08   Max: 296.5
Current: 8.64

During the past years, China Petroleum & Chemical's highest Cyclically Adjusted Price-to-FCF was 296.50. The lowest was 6.33. And the median was 13.08.

SNPMF's Cyclically Adjusted Price-to-FCF is ranked better than
68.09% of 398 companies
in the Oil & Gas industry
Industry Median: 13.375 vs SNPMF: 8.64

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 & Chemical's adjusted free cash flow per share data for the three months ended in Sep. 2023 was $0.049. 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 $0.07 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Petroleum & Chemical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Petroleum & Chemical'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 & Chemical Cyclically Adjusted Price-to-FCF Chart

China Petroleum & Chemical Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.83 16.52 9.98 7.00 7.61

China Petroleum & Chemical Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.42 7.61 9.31 9.60 7.56

Competitive Comparison of China Petroleum & Chemical's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical'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 & Chemical's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



China Petroleum & Chemical 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 & Chemical's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.6257/0.07
=8.94

* 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 & Chemical's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, China Petroleum & Chemical's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.049/115.3387*115.3387
=0.049

Current CPI (Sep. 2023) = 115.3387.

China Petroleum & Chemical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.066 97.624 -0.078
201403 -0.026 98.600 -0.030
201406 0.028 98.200 0.033
201409 0.040 98.900 0.047
201412 0.007 99.000 0.008
201503 -0.033 99.900 -0.038
201506 0.052 99.500 0.060
201509 0.042 100.500 0.048
201512 0.028 100.600 0.032
201603 0.021 102.200 0.024
201606 0.035 101.400 0.040
201609 0.052 102.400 0.059
201612 0.074 102.600 0.083
201703 -0.001 103.200 -0.001
201706 0.043 103.100 0.048
201709 0.045 104.100 0.050
201712 0.071 104.500 0.078
201803 -0.007 105.300 -0.008
201806 0.057 104.900 0.063
201809 0.058 106.600 0.063
201812 -0.008 106.500 -0.009
201903 -0.045 107.700 -0.048
201906 0.033 107.700 0.035
201909 0.027 109.800 0.028
201912 0.012 111.200 0.012
202003 -0.104 112.300 -0.107
202006 0.094 110.400 0.098
202009 0.023 111.700 0.024
202012 0.049 111.500 0.051
202103 -0.046 112.662 -0.047
202106 0.045 111.769 0.046
202109 0.051 112.215 0.052
202112 0.076 113.108 0.077
202203 -0.102 114.335 -0.103
202206 0.036 114.558 0.036
202209 0.032 115.339 0.032
202212 -0.017 115.116 -0.017
202303 -0.056 115.116 -0.056
202306 -0.007 114.558 -0.007
202309 0.049 115.339 0.049

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 & Chemical  (OTCPK:SNPMF) 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 & Chemical Cyclically Adjusted Price-to-FCF Related Terms

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


China Petroleum & Chemical (China Petroleum & Chemical) Business Description

Traded in Other Exchanges
Address
No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.