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China Enterprises (China Enterprises) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is China Enterprises Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Enterprises Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Enterprises'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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China Enterprises Cyclically Adjusted Price-to-FCF Chart

China Enterprises Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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China Enterprises Semi-Annual Data
Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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Competitive Comparison of China Enterprises's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, China Enterprises'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.


China Enterprises's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Enterprises's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



China Enterprises 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.

China Enterprises's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec18 is calculated as:

For example, China Enterprises's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec18 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=0.037/107.6218*107.6218
=0.037

Current CPI (Dec18) = 107.6218.

China Enterprises Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 -0.279 80.799 -0.372
201012 0.122 83.217 0.158
201112 -0.825 87.944 -1.010
201212 -0.086 91.132 -0.102
201312 -0.058 95.090 -0.066
201412 0.004 99.707 0.004
201512 -0.112 102.015 -0.118
201612 -0.007 103.225 -0.007
201712 0.046 104.984 0.047
201812 0.037 107.622 0.037

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.


China Enterprises  (OTCPK:CSHEF) 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.


China Enterprises Cyclically Adjusted Price-to-FCF Related Terms

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China Enterprises (China Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
1063 King’s Road, Unit 703, 7th Floor, Quarry Bay, Hong Kong, HKG
China Enterprises Ltd is a holding company. It is engaged in seeking investment opportunities.

China Enterprises (China Enterprises) Headlines

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