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China Resourcesnjiu Medical & Pharmaceutical Co (SZSE:000999) Cyclically Adjusted Price-to-FCF : 38.89 (As of Jun. 07, 2024)


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What is China Resourcesnjiu Medical & Pharmaceutical Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), China Resourcesnjiu Medical & Pharmaceutical Co's current share price is ¥64.55. China Resourcesnjiu Medical & Pharmaceutical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.66. China Resourcesnjiu Medical & Pharmaceutical Co's Cyclically Adjusted Price-to-FCF for today is 38.89.

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

SZSE:000999' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.93   Med: 33.19   Max: 123.33
Current: 36.7

During the past years, China Resourcesnjiu Medical & Pharmaceutical Co's highest Cyclically Adjusted Price-to-FCF was 123.33. The lowest was 18.93. And the median was 33.19.

SZSE:000999's Cyclically Adjusted Price-to-FCF is ranked worse than
54.97% of 322 companies
in the Drug Manufacturers industry
Industry Median: 32.255 vs SZSE:000999: 36.70

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 Resourcesnjiu Medical & Pharmaceutical Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.680. 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 ¥1.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Resourcesnjiu Medical & Pharmaceutical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Resourcesnjiu Medical & Pharmaceutical 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.

China Resourcesnjiu Medical & Pharmaceutical Co Cyclically Adjusted Price-to-FCF Chart

China Resourcesnjiu Medical & Pharmaceutical 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 28.95 21.08 27.73 34.02 31.41

China Resourcesnjiu Medical & Pharmaceutical 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 41.93 41.89 32.57 31.41 31.30

Competitive Comparison of China Resourcesnjiu Medical & Pharmaceutical Co's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, China Resourcesnjiu Medical & Pharmaceutical 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 Resourcesnjiu Medical & Pharmaceutical Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, China Resourcesnjiu Medical & Pharmaceutical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Resourcesnjiu Medical & Pharmaceutical Co's Cyclically Adjusted Price-to-FCF falls into.



China Resourcesnjiu Medical & Pharmaceutical 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 Resourcesnjiu Medical & Pharmaceutical Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.55/1.66
=38.89

* 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 Resourcesnjiu Medical & Pharmaceutical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Resourcesnjiu Medical & Pharmaceutical 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)
=0.68/115.2271*115.2271
=0.680

Current CPI (Mar. 2024) = 115.2271.

China Resourcesnjiu Medical & Pharmaceutical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.367 98.200 0.431
201409 0.167 98.900 0.195
201412 0.325 99.000 0.378
201503 0.020 99.900 0.023
201506 0.484 99.500 0.561
201509 0.196 100.500 0.225
201512 0.248 100.600 0.284
201603 0.107 102.200 0.121
201606 0.458 101.400 0.520
201609 0.208 102.400 0.234
201612 0.282 102.600 0.317
201703 0.074 103.200 0.083
201706 0.562 103.100 0.628
201709 0.328 104.100 0.363
201712 0.290 104.500 0.320
201803 0.139 105.300 0.152
201806 0.663 104.900 0.728
201809 0.289 106.600 0.312
201812 0.238 106.500 0.258
201903 0.226 107.700 0.242
201906 0.791 107.700 0.846
201909 0.217 109.800 0.228
201912 0.205 111.200 0.212
202003 0.560 112.300 0.575
202006 0.242 110.400 0.253
202009 0.362 111.700 0.373
202012 0.462 111.500 0.477
202103 0.063 112.662 0.064
202106 0.626 111.769 0.645
202109 0.170 112.215 0.175
202112 0.176 113.108 0.179
202203 0.311 114.335 0.313
202206 1.295 114.558 1.303
202209 -0.155 115.339 -0.155
202212 0.623 115.116 0.624
202303 0.106 115.116 0.106
202306 1.309 114.558 1.317
202309 1.074 115.339 1.073
202312 0.911 114.781 0.915
202403 0.680 115.227 0.680

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 Resourcesnjiu Medical & Pharmaceutical Co  (SZSE:000999) 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 Resourcesnjiu Medical & Pharmaceutical Co Cyclically Adjusted Price-to-FCF Related Terms

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China Resourcesnjiu Medical & Pharmaceutical Co (SZSE:000999) Business Description

Traded in Other Exchanges
N/A
Address
High-Tech Park, Lake Street Mission Hills, Longhua District, Shenzhen, CHN, 518110
China Resources Sanjiu Medical & Pharmaceutical Co Ltd is a China-based pharmaceutical company. It is engaged in the research and development, production and sale of pharmaceutical products, healthcare products, and medical appliances under the brand name 999, which includes OTC, antibiotic and raw material drug. The other brands under which the company offers its products are Lee King, Shunfeng, and Tianhe. The company's core business is located in OTC and Chinese medicine prescription drugs, OTC core products in the cold, gastrointestinal, skin, pediatric, cough and orthopedic drugs occupy a higher market share; prescription drug products in traditional Chinese medicine formula granules, cardiovascular and cerebrovascular, anti-tumor in the field of anti-infection and other areas.
Executives
Yang Zhan Ao Executives
Independent director
Li De Ming Supervisors
Lin Xi Ping Supervisors
Fang Ming Director
Mai Yi Executives

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