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Sinopec Oilfield Service (Sinopec Oilfield Service) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Sinopec Oilfield Service Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinopec Oilfield Service Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sinopec Oilfield Service'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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Sinopec Oilfield Service Cyclically Adjusted Price-to-FCF Chart

Sinopec Oilfield Service Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Sinopec Oilfield Service 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 - - - - 13,599.17

Competitive Comparison of Sinopec Oilfield Service's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Drilling subindustry, Sinopec Oilfield Service'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.


Sinopec Oilfield Service's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinopec Oilfield Service's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sinopec Oilfield Service's Cyclically Adjusted Price-to-FCF falls into.



Sinopec Oilfield Service 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.

Sinopec Oilfield Service's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sinopec Oilfield Service'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)
=-0.007/115.2271*115.2271
=-0.007

Current CPI (Mar. 2024) = 115.2271.

Sinopec Oilfield Service Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.028 98.200 0.033
201409 -0.024 98.900 -0.028
201412 0.084 99.000 0.098
201503 -0.024 99.900 -0.028
201506 0.002 99.500 0.002
201509 -0.029 100.500 -0.033
201512 0.041 100.600 0.047
201603 -0.022 102.200 -0.025
201606 -0.014 101.400 -0.016
201609 -0.017 102.400 -0.019
201612 -0.002 102.600 -0.002
201703 -0.014 103.200 -0.016
201706 -0.008 103.100 -0.009
201709 -0.008 104.100 -0.009
201712 0.023 104.500 0.025
201803 -0.022 105.300 -0.024
201806 -0.013 104.900 -0.014
201809 0.003 106.600 0.003
201812 -0.007 106.500 -0.008
201903 -0.010 107.700 -0.011
201906 -0.002 107.700 -0.002
201909 0.009 109.800 0.009
201912 -0.012 111.200 -0.012
202003 -0.010 112.300 -0.010
202006 0.009 110.400 0.009
202009 0.001 111.700 0.001
202012 0.020 111.500 0.021
202103 -0.004 112.662 -0.004
202106 0.003 111.769 0.003
202109 -0.007 112.215 -0.007
202112 0.025 113.108 0.025
202203 -0.010 114.335 -0.010
202206 0.001 114.558 0.001
202209 -0.007 115.339 -0.007
202212 0.018 115.116 0.018
202303 -0.006 115.116 -0.006
202306 -0.003 114.558 -0.003
202309 -0.001 115.339 -0.001
202312 0.022 114.781 0.022
202403 -0.007 115.227 -0.007

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.


Sinopec Oilfield Service  (OTCPK:YZCFF) 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.


Sinopec Oilfield Service Cyclically Adjusted Price-to-FCF Related Terms

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Sinopec Oilfield Service (Sinopec Oilfield Service) Business Description

Traded in Other Exchanges
Address
No. 9 Jishikou Road, Changyang District, Beijing, CHN, 100728
Sinopec Oilfield Service Corp engages in the provision of onshore and offshore oil and natural gas, exploration, provision of contracting, design, and construction services for the oil and gas projects. It operates through five segments: Geophysics, which provides technical and development, exploration geophysical services; Drilling engineering segment, which provides drilling design, and construction, technical services; Logging and mud logging segment; Special downhole segment, which provides oil engineering technical and construction services; and Engineering construction segment, which provides a package of services, including feasibility studies, procurement, and others. Its geographical segments are, The PRC, Middle East and Other countries.

Sinopec Oilfield Service (Sinopec Oilfield Service) Headlines

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