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China Reform Health Management And Services Group Co (SZSE:000503) Cyclically Adjusted Price-to-FCF : (As of May. 14, 2024)


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What is China Reform Health Management And Services Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Reform Health Management And Services Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Reform Health Management And Services Group 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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China Reform Health Management And Services Group Co Cyclically Adjusted Price-to-FCF Chart

China Reform Health Management And Services Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China Reform Health Management And Services Group 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 China Reform Health Management And Services Group Co's Cyclically Adjusted Price-to-FCF

For the Healthcare Plans subindustry, China Reform Health Management And Services Group 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.


China Reform Health Management And Services Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, China Reform Health Management And Services Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Reform Health Management And Services Group Co's Cyclically Adjusted Price-to-FCF falls into.



China Reform Health Management And Services Group 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.

China Reform Health Management And Services Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Reform Health Management And Services Group 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)
=-0.114/114.6694*114.6694
=-0.114

Current CPI (Mar. 2024) = 114.6694.

China Reform Health Management And Services Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.076 98.200 -0.089
201409 0.010 98.900 0.012
201412 0.026 99.000 0.030
201503 -0.135 99.900 -0.155
201506 0.027 99.500 0.031
201509 -0.112 100.500 -0.128
201512 0.151 100.600 0.172
201603 -0.386 102.200 -0.433
201606 -0.006 101.400 -0.007
201609 0.010 102.400 0.011
201612 0.287 102.600 0.321
201703 -0.101 103.200 -0.112
201706 -0.171 103.100 -0.190
201709 -0.287 104.100 -0.316
201712 0.189 104.500 0.207
201803 -0.075 105.300 -0.082
201806 0.076 104.900 0.083
201809 -0.045 106.600 -0.048
201812 -0.023 106.500 -0.025
201903 -0.135 107.700 -0.144
201906 -0.005 107.700 -0.005
201909 -0.046 109.800 -0.048
201912 0.225 111.200 0.232
202003 -0.062 112.300 -0.063
202006 -0.067 110.400 -0.070
202009 -0.028 111.700 -0.029
202012 0.034 111.500 0.035
202103 -0.095 112.662 -0.097
202106 -0.042 111.769 -0.043
202109 -0.040 112.215 -0.041
202112 0.034 113.108 0.034
202203 -0.113 114.335 -0.113
202206 -0.051 114.558 -0.051
202209 -0.075 115.339 -0.075
202212 0.021 115.116 0.021
202303 -0.101 115.116 -0.101
202306 -0.046 114.558 -0.046
202309 -0.063 115.339 -0.063
202312 0.037 114.669 0.037
202403 -0.114 114.669 -0.114

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 Reform Health Management And Services Group Co  (SZSE:000503) 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 Reform Health Management And Services Group Co Cyclically Adjusted Price-to-FCF Related Terms

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China Reform Health Management And Services Group Co (SZSE:000503) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Wenhua Road, Room 703, Junhua Haiyi Hotel, Hainan Province, Haikou, CHN, 570105
China Reform Health Management And Services Group Co Ltd is engaged in the field of health protection services in China. Its main business includes medical insurance control fee service; medical quality and safety service; drug and medical supervision service helping management departments to standardize medical service behavior and improve the safety and effectiveness of medical insurance funds.

China Reform Health Management And Services Group Co (SZSE:000503) Headlines

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