GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CNPC Capital Co Ltd (SZSE:000617) » Definitions » Cyclically Adjusted Price-to-FCF

CNPC Capital Co (SZSE:000617) Cyclically Adjusted Price-to-FCF : 7.01 (As of May. 15, 2024)


View and export this data going back to 1996. Start your Free Trial

What is CNPC Capital Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), CNPC Capital Co's current share price is ¥5.89. CNPC Capital Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.84. CNPC Capital Co's Cyclically Adjusted Price-to-FCF for today is 7.01.

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

SZSE:000617' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.96   Med: 20.86   Max: 57.53
Current: 7.11

During the past years, CNPC Capital Co's highest Cyclically Adjusted Price-to-FCF was 57.53. The lowest was 3.96. And the median was 20.86.

SZSE:000617's Cyclically Adjusted Price-to-FCF is ranked better than
66.67% of 24 companies
in the Diversified Financial Services industry
Industry Median: 10.875 vs SZSE:000617: 7.11

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.

CNPC Capital Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-1.119. 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 ¥0.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CNPC Capital Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CNPC Capital 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.

CNPC Capital Co Cyclically Adjusted Price-to-FCF Chart

CNPC Capital 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 49.28 - 26.50 10.24 5.92

CNPC Capital 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 20.38 8.50 4.92 5.92 6.84

Competitive Comparison of CNPC Capital Co's Cyclically Adjusted Price-to-FCF

For the Financial Conglomerates subindustry, CNPC Capital 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.


CNPC Capital Co's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CNPC Capital Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CNPC Capital 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.

CNPC Capital Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.89/0.84
=7.01

* 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.

CNPC Capital Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CNPC Capital 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)
=-1.119/114.6694*114.6694
=-1.119

Current CPI (Mar. 2024) = 114.6694.

CNPC Capital Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.119 98.200 -0.139
201409 0.240 98.900 0.278
201412 0.197 99.000 0.228
201503 -0.172 99.900 -0.197
201506 -0.039 99.500 -0.045
201509 0.086 100.500 0.098
201512 1.157 100.600 1.319
201603 7.167 102.200 8.041
201606 -3.599 101.400 -4.070
201609 1.920 102.400 2.150
201612 -8.143 102.600 -9.101
201703 -1.876 103.200 -2.084
201706 1.842 103.100 2.049
201709 0.448 104.100 0.493
201712 3.465 104.500 3.802
201803 -4.791 105.300 -5.217
201806 1.615 104.900 1.765
201809 -0.079 106.600 -0.085
201812 0.976 106.500 1.051
201903 -0.409 107.700 -0.435
201906 0.324 107.700 0.345
201909 -1.522 109.800 -1.589
201912 3.586 111.200 3.698
202003 -4.262 112.300 -4.352
202006 -0.644 110.400 -0.669
202009 -1.437 111.700 -1.475
202012 3.619 111.500 3.722
202103 -2.559 112.662 -2.605
202106 -0.219 111.769 -0.225
202109 2.599 112.215 2.656
202112 3.106 113.108 3.149
202203 -1.019 114.335 -1.022
202206 -0.170 114.558 -0.170
202209 2.150 115.339 2.138
202212 2.495 115.116 2.485
202303 -2.006 115.116 -1.998
202306 4.994 114.558 4.999
202309 4.758 115.339 4.730
202312 -4.225 114.669 -4.225
202403 -1.119 114.669 -1.119

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.


CNPC Capital Co  (SZSE:000617) 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.


CNPC Capital Co Cyclically Adjusted Price-to-FCF Related Terms

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


CNPC Capital Co (SZSE:000617) Business Description

Traded in Other Exchanges
N/A
Address
No. 11966 Jingshi West Road, Shandong Province, Jinan, CHN, 250306
CNPC Capital Co Ltd operates as a financial management company. The company provides house banking, banking, financial leasing, trust, insurance, insurance brokerage and securities.

CNPC Capital Co (SZSE:000617) Headlines

No Headlines