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PRIO (PTRRY) Cyclically Adjusted FCF per Share : $-0.10 (As of Mar. 2024)


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What is PRIO Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

PRIO's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.032. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.10 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of PRIO was 42.00% per year. The lowest was 27.90% per year. And the median was 34.95% per year.

As of today (2024-06-08), PRIO's current stock price is $7.87. PRIO's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.10. PRIO's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PRIO was 102.57. The lowest was 76.89. And the median was 91.00.


PRIO Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PRIO's Cyclically Adjusted FCF per Share 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.

PRIO Cyclically Adjusted FCF per Share Chart

PRIO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.15 -0.03 -0.11

PRIO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -0.26 -0.24 -0.15 -0.11 -0.10

Competitive Comparison of PRIO's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, PRIO'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.


PRIO's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



PRIO Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PRIO'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)
=0.032/159.3724*159.3724
=0.032

Current CPI (Mar. 2024) = 159.3724.

PRIO Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.199 91.838 0.345
201409 0.024 92.602 0.041
201412 -0.074 94.194 -0.125
201503 -0.121 97.799 -0.197
201506 -0.006 100.006 -0.010
201509 -0.061 101.392 -0.096
201512 0.040 104.247 0.061
201603 0.010 106.979 0.015
201606 -0.019 108.851 -0.028
201609 -0.008 109.986 -0.012
201612 0.035 110.802 0.050
201703 -0.070 111.869 -0.100
201706 0.001 112.115 0.001
201709 0.018 112.777 0.025
201712 0.013 114.068 0.018
201803 -0.167 114.868 -0.232
201806 0.010 117.038 0.014
201809 0.011 117.881 0.015
201812 0.240 118.340 0.323
201903 -0.624 120.124 -0.828
201906 0.117 120.977 0.154
201909 0.057 121.292 0.075
201912 -0.092 123.436 -0.119
202003 -0.190 124.092 -0.244
202006 0.200 123.557 0.258
202009 0.093 125.095 0.118
202012 0.094 129.012 0.116
202103 0.104 131.660 0.126
202106 -0.025 133.871 -0.030
202109 0.025 137.913 0.029
202112 0.084 141.992 0.094
202203 0.152 146.537 0.165
202206 -0.292 149.784 -0.311
202209 0.277 147.800 0.299
202212 0.125 150.207 0.133
202303 -2.267 153.352 -2.356
202306 0.240 154.519 0.248
202309 0.359 155.464 0.368
202312 0.487 157.148 0.494
202403 0.032 159.372 0.032

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


PRIO  (OTCPK:PTRRY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PRIO was 102.57. The lowest was 76.89. And the median was 91.00.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


PRIO Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of PRIO's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PRIO (PTRRY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PRIO SA (OTCPK:PTRRY) » Definitions » Cyclically Adjusted FCF per Share
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Address
Praia de Botafogo, 370, 13th Floor, Botafogo, Rio de Janeiro, RJ, BRA
PRIO SA is engaged in the exploration and production of oil and gas in Brazil and abroad. The company is engaged in oil and gas exploration and production in Brazil and overseas. Its exploration assets comprise Hammer shark field, Octopus field, Campo de Frade, East Albacora field, and Wahoo block.

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