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P C B Technologies (XTAE:PCBT) Cyclically Adjusted Price-to-FCF : 64.00 (As of May. 23, 2024)


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What is P C B Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), P C B Technologies's current share price is ₪3.84. P C B Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₪0.06. P C B Technologies's Cyclically Adjusted Price-to-FCF for today is 64.00.

The historical rank and industry rank for P C B Technologies's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XTAE:PCBT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 57.68   Med: 70.83   Max: 120.37
Current: 69.49

During the past years, P C B Technologies's highest Cyclically Adjusted Price-to-FCF was 120.37. The lowest was 57.68. And the median was 70.83.

XTAE:PCBT's Cyclically Adjusted Price-to-FCF is ranked worse than
75.87% of 920 companies
in the Hardware industry
Industry Median: 30.97 vs XTAE:PCBT: 69.49

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.

P C B Technologies's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₪0.233. 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 ₪0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


P C B Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for P C B Technologies'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.

P C B Technologies Cyclically Adjusted Price-to-FCF Chart

P C B Technologies 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 - - - - 65.77

P C B Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 86.32 65.77

Competitive Comparison of P C B Technologies's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, P C B Technologies'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.


P C B Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, P C B Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where P C B Technologies's Cyclically Adjusted Price-to-FCF falls into.



P C B Technologies 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.

P C B Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.84/0.06
=64.00

* 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.

P C B Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, P C B Technologies's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.233/129.4194*129.4194
=0.233

Current CPI (Dec. 2023) = 129.4194.

P C B Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201406 -0.340 100.560 -0.438
201409 -0.011 100.428 -0.014
201412 -0.215 99.070 -0.281
201503 0.279 99.621 0.362
201506 -0.037 100.684 -0.048
201509 0.021 100.392 0.027
201512 -0.331 99.792 -0.429
201603 0.283 100.470 0.365
201606 0.062 101.688 0.079
201609 -0.093 101.861 -0.118
201612 -0.062 101.863 -0.079
201703 0.271 102.862 0.341
201706 -0.019 103.349 -0.024
201709 -0.165 104.136 -0.205
201712 0.395 104.011 0.491
201803 0.015 105.290 0.018
201806 0.153 106.317 0.186
201809 0.130 106.507 0.158
201812 -0.058 105.998 -0.071
201903 0.025 107.251 0.030
201906 0.995 108.070 1.192
201909 -0.135 108.329 -0.161
201912 0.021 108.420 0.025
202003 -0.170 108.902 -0.202
202006 0.145 108.767 0.173
202009 -0.164 109.815 -0.193
202012 -0.134 109.897 -0.158
202103 -0.240 111.754 -0.278
202106 0.109 114.631 0.123
202109 -0.248 115.734 -0.277
202112 -0.185 117.630 -0.204
202203 -0.034 121.301 -0.036
202206 -0.151 125.017 -0.156
202209 -0.110 125.227 -0.114
202212 0.007 125.222 0.007
202303 -0.041 127.348 -0.042
202306 0.221 128.729 0.222
202309 0.037 129.860 0.037
202312 0.233 129.419 0.233

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.


P C B Technologies  (XTAE:PCBT) 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.


P C B Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


P C B Technologies (XTAE:PCBT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
TD 631, Ezor Hata'asiya, Haiyashan, Migdal Haemeq, ISR, 10556
P C B Technologies Ltd provides contract electronic manufacturing (CEM) services aimed at high end OEMs. It manufactures bare-board, rigid-flex Multi Layer boards, HDI boards, RF boards & provides complete board assemblies. It servs to markets such as Defense, Aerospace, Medical, RF/Microwave, Telecom and more. It also offers a complete line of bare board and assembled-board testing facilities, including in-circuit test (ICT), J-Tag, functional test and customized testing.

P C B Technologies (XTAE:PCBT) Headlines

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