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China Petrochemical Development (TPE:1314) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is China Petrochemical Development Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Petrochemical Development Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Petrochemical Development'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 Petrochemical Development Cyclically Adjusted Price-to-FCF Chart

China Petrochemical Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China Petrochemical Development 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 Petrochemical Development's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, China Petrochemical Development'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 Petrochemical Development's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Petrochemical Development's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Petrochemical Development's Cyclically Adjusted Price-to-FCF falls into.



China Petrochemical Development 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 Petrochemical Development's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Petrochemical Development'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)
=-0.353/131.7762*131.7762
=-0.353

Current CPI (Mar. 2024) = 131.7762.

China Petrochemical Development Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.163 100.560 -0.214
201409 -0.104 100.428 -0.136
201412 -0.126 99.070 -0.168
201503 -0.006 99.621 -0.008
201506 0.374 100.684 0.489
201509 -0.316 100.392 -0.415
201512 -0.250 99.792 -0.330
201603 -0.321 100.470 -0.421
201606 -0.076 101.688 -0.098
201609 -0.698 101.861 -0.903
201612 0.708 101.863 0.916
201703 0.022 102.862 0.028
201706 0.180 103.349 0.230
201709 0.211 104.136 0.267
201712 -0.008 104.011 -0.010
201803 0.068 105.290 0.085
201806 0.454 106.317 0.563
201809 0.333 106.507 0.412
201812 -0.153 105.998 -0.190
201903 -1.068 107.251 -1.312
201906 -0.423 108.070 -0.516
201909 -0.297 108.329 -0.361
201912 -2.951 108.420 -3.587
202003 -1.182 108.902 -1.430
202006 -0.309 108.767 -0.374
202009 -0.655 109.815 -0.786
202012 -0.300 109.897 -0.360
202103 -0.570 111.754 -0.672
202106 -1.415 114.631 -1.627
202109 -1.712 115.734 -1.949
202112 -6.447 117.630 -7.222
202203 -0.851 121.301 -0.924
202206 -0.318 125.017 -0.335
202209 -1.722 125.227 -1.812
202212 -0.387 125.222 -0.407
202303 -0.739 127.348 -0.765
202306 -0.282 128.729 -0.289
202309 -0.414 129.860 -0.420
202312 -0.139 129.419 -0.142
202403 -0.353 131.776 -0.353

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 Petrochemical Development  (TPE:1314) 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 Petrochemical Development Cyclically Adjusted Price-to-FCF Related Terms

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China Petrochemical Development (TPE:1314) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Jingjian Road, Dashe District, Kaohsiung, TWN, 815
China Petrochemical Development Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into two reportable segments based on product type: the caprolactam and acrylonitrile and nylon segments. The caprolactam segment, which generates the most revenue of the two segments, involves the sales of textiles, plastic automotive parts, packaging films, conveyor belts, ropes, and fishing lines. The acrylonitrile sell acrylic fibers, a plastic used for home appliance casings and tools, and water treatment products. The products of nylon pellets include fiber nylon pellets and engineering plastic nylon pellets.

China Petrochemical Development (TPE:1314) Headlines

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