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Sky Gold (BOM:541967) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Sky Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sky Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sky Gold'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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Sky Gold Cyclically Adjusted Price-to-FCF Chart

Sky Gold Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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Sky Gold Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sky Gold's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Sky Gold'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.


Sky Gold's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sky Gold's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sky Gold 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.

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

For example, Sky Gold'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)
=-136.587/153.0345*153.0345
=-136.587

Current CPI (Mar24) = 153.0345.

Sky Gold Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.757 97.163 1.192
201603 -1.827 102.518 -2.727
201703 2.583 105.196 3.758
201803 9.729 109.786 13.562
201903 -14.636 118.202 -18.949
202003 5.023 124.705 6.164
202103 -6.380 131.771 -7.410
202203 -7.630 138.822 -8.411
202303 -8.189 146.865 -8.533
202403 -136.587 153.035 -136.587

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.


Sky Gold  (BOM:541967) 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.


Sky Gold Cyclically Adjusted Price-to-FCF Related Terms

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Sky Gold (BOM:541967) Business Description

Traded in Other Exchanges
Address
Kalbadevi Road, 267-271, Kanak Chambers, Office No.12A,13,14, 1st Floor, Opposite Adarsh Hotel, Mumbai, MH, IND, 400 002
Sky Gold Ltd is an India-based company engaged in the business of designing, manufacturing, and marketing gold jewelry. It caters to a large number of wholesalers, showrooms, and retailers who buy the products in bulk quantities. The company's product portfolio includes Finger rings, Earrings, Studs, Chains, Pendants, pendant sets, Double hook pendants, Bracelets, Necklaces, and Bangles among others.

Sky Gold (BOM:541967) Headlines

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