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Jiangxi Zhengbang Technology Co (SZSE:002157) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Jiangxi Zhengbang Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangxi Zhengbang Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangxi Zhengbang Technology 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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Jiangxi Zhengbang Technology Co Cyclically Adjusted Price-to-FCF Chart

Jiangxi Zhengbang Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Jiangxi Zhengbang Technology 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 Jiangxi Zhengbang Technology Co's Cyclically Adjusted Price-to-FCF

For the Farm Products subindustry, Jiangxi Zhengbang Technology 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.


Jiangxi Zhengbang Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangxi Zhengbang Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangxi Zhengbang Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangxi Zhengbang Technology 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.

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

For example, Jiangxi Zhengbang Technology 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)
=-0.06/115.2271*115.2271
=-0.060

Current CPI (Mar. 2024) = 115.2271.

Jiangxi Zhengbang Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.032 98.200 -0.038
201409 -0.224 98.900 -0.261
201412 -0.154 99.000 -0.179
201503 0.109 99.900 0.126
201506 -0.152 99.500 -0.176
201509 0.098 100.500 0.112
201512 -0.288 100.600 -0.330
201603 -0.040 102.200 -0.045
201606 0.079 101.400 0.090
201609 -0.110 102.400 -0.124
201612 -0.126 102.600 -0.142
201703 -0.398 103.200 -0.444
201706 -0.278 103.100 -0.311
201709 -0.368 104.100 -0.407
201712 -0.352 104.500 -0.388
201803 -0.387 105.300 -0.423
201806 -0.266 104.900 -0.292
201809 -0.130 106.600 -0.141
201812 0.013 106.500 0.014
201903 -0.247 107.700 -0.264
201906 -0.104 107.700 -0.111
201909 -0.518 109.800 -0.544
201912 0.182 111.200 0.189
202003 -1.189 112.300 -1.220
202006 -0.883 110.400 -0.922
202009 0.144 111.700 0.149
202012 -0.367 111.500 -0.379
202103 -1.717 112.662 -1.756
202106 -0.999 111.769 -1.030
202109 0.324 112.215 0.333
202112 -0.354 113.108 -0.361
202203 -0.494 114.335 -0.498
202206 -0.038 114.558 -0.038
202209 -0.468 115.339 -0.468
202212 -1.067 115.116 -1.068
202303 -0.093 115.116 -0.093
202306 0.005 114.558 0.005
202309 -0.176 115.339 -0.176
202312 -0.402 114.781 -0.404
202403 -0.060 115.227 -0.060

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.


Jiangxi Zhengbang Technology Co  (SZSE:002157) 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.


Jiangxi Zhengbang Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangxi Zhengbang Technology Co (SZSE:002157) Business Description

Traded in Other Exchanges
N/A
Address
Number 569, Aixihu Yilu Road, Jiangxi Province, Nanchang, CHN, 330096
Jiangxi Zhengbang Technology Co Ltd operates in the agricultural industry in China. It offers wet instant noodles, feedstuffs, veterinary drugs, and pesticides. The company is also involved in the boar breeding activity.

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