GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jaiprakash Associates Ltd (BOM:532532) » Definitions » Cyclically Adjusted Price-to-FCF

Jaiprakash Associates (BOM:532532) Cyclically Adjusted Price-to-FCF : 3.80 (As of May. 23, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Jaiprakash Associates Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Jaiprakash Associates's current share price is ₹15.64. Jaiprakash Associates's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹4.12. Jaiprakash Associates's Cyclically Adjusted Price-to-FCF for today is 3.80.

The historical rank and industry rank for Jaiprakash Associates's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:532532' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.99   Med: 12.42   Max: 14.28
Current: 3.99

During the past 13 years, Jaiprakash Associates's highest Cyclically Adjusted Price-to-FCF was 14.28. The lowest was 3.99. And the median was 12.42.

BOM:532532's Cyclically Adjusted Price-to-FCF is ranked better than
90.64% of 203 companies
in the Conglomerates industry
Industry Median: 19.82 vs BOM:532532: 3.99

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.

Jaiprakash Associates's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹3.832. 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 ₹4.12 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jaiprakash Associates Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jaiprakash Associates'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.

Jaiprakash Associates Cyclically Adjusted Price-to-FCF Chart

Jaiprakash Associates Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.15 4.36

Jaiprakash Associates 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 12.15 - - - 4.36

Competitive Comparison of Jaiprakash Associates's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Jaiprakash Associates'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.


Jaiprakash Associates's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jaiprakash Associates's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jaiprakash Associates 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.

Jaiprakash Associates's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.64/4.12
=3.80

* 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.

Jaiprakash Associates's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Jaiprakash Associates's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=3.832/153.0345*153.0345
=3.832

Current CPI (Mar24) = 153.0345.

Jaiprakash Associates Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -10.050 97.163 -15.829
201603 13.425 102.518 20.040
201703 17.505 105.196 25.466
201803 -3.410 109.786 -4.753
201903 2.271 118.202 2.940
202003 2.252 124.705 2.764
202103 3.974 131.771 4.615
202203 -0.595 138.822 -0.656
202303 2.631 146.865 2.742
202403 3.832 153.035 3.832

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.


Jaiprakash Associates  (BOM:532532) 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.


Jaiprakash Associates Cyclically Adjusted Price-to-FCF Related Terms

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


Jaiprakash Associates (BOM:532532) Business Description

Traded in Other Exchanges
Address
Site-IV Industrial Area, 64/4, Sahibabad, Ghaziabad, UP, IND, 201010
Jaiprakash Associates Ltd is a company that is primarily engaged in six segments. The engineering and construction segment focuses on constructing river valley and hydropower projects on a turnkey basis. The cement segment manufactures and distributes Portland Pozzolana cement under the brand name Jaypee Cement. The Hotel / Hospitality & Golf Course segment is engaged in managing Hotels, Golf Course, Resorts & Spa. The power segment generates, distributes, and transmits power. The real estate segment is engaged in developing residential projects, sports facilities, golf resorts, and so on. The Investments segment is engaged in Investments in Subsidiaries, Associates and Others. Others Includes Waste Treatment Plant, Heavy Engineering Works, Hitech Castings, Man Power Supply etc.

Jaiprakash Associates (BOM:532532) Headlines

No Headlines