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JSR (JSCPY) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is JSR Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


JSR Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JSR'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.

JSR Cyclically Adjusted Price-to-FCF Chart

JSR Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.84 29.33 95.97 549.62 704.52

JSR Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 704.52 - - -

Competitive Comparison of JSR's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, JSR'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.


JSR's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, JSR's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



JSR 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.

JSR's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, JSR's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.218/106.8000*106.8000
=-0.218

Current CPI (Dec. 2023) = 106.8000.

JSR Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 95.700 0.000
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 0.000 98.400 0.000
201509 0.000 98.500 0.000
201512 0.000 98.100 0.000
201603 0.000 97.900 0.000
201606 0.152 98.100 0.165
201609 0.160 98.000 0.174
201612 0.242 98.400 0.263
201703 -0.087 98.100 -0.095
201706 -0.172 98.500 -0.186
201709 0.138 98.800 0.149
201712 0.048 99.400 0.052
201803 0.250 99.200 0.269
201806 -0.095 99.200 -0.102
201809 -0.083 99.900 -0.089
201812 -0.034 99.700 -0.036
201903 -0.001 99.700 -0.001
201906 0.108 99.800 0.116
201909 0.004 100.100 0.004
201912 0.259 100.500 0.275
202003 0.066 100.300 0.070
202006 0.037 99.900 0.040
202009 0.105 99.900 0.112
202012 0.300 99.300 0.323
202103 0.224 99.900 0.239
202106 0.066 99.500 0.071
202109 -0.102 100.100 -0.109
202112 -0.199 100.100 -0.212
202203 -0.924 101.100 -0.976
202206 -0.408 101.800 -0.428
202209 -0.241 103.100 -0.250
202212 0.164 104.100 0.168
202303 0.440 104.400 0.450
202306 -0.359 105.200 -0.364
202309 -0.005 106.200 -0.005
202312 -0.218 106.800 -0.218

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.


JSR  (OTCPK:JSCPY) 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.


JSR Cyclically Adjusted Price-to-FCF Related Terms

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


JSR (JSCPY) Business Description

Industry
Traded in Other Exchanges
Address
1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, JPN, 105-8640
JSR Group has four reportable segments, digital solutions, life sciences, elastomers, and plastics. Semiconductor materials and life sciences are the growth drivers for the company, while elastomers produces the greatest amount of revenue. Elastomers consists of synthetic rubbers, thermoplastic elastomers, and emulsions. Plastics includes synthetic resins including ABS resins, AES resins, among others. Digital solutions consists of semiconductor materials, display materials, and edge computing, whereas the life sciences business covers research and diagnostic reagents, bioprocess materials, and contract services.

JSR (JSCPY) Headlines

From GuruFocus

Q1 2024 JSR Corp Earnings Presentation Transcript

By GuruFocus Research 02-14-2024