GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jai Balaji Industries Ltd (NSE:JAIBALAJI) » Definitions » Cyclically Adjusted Price-to-FCF

Jai Balaji Industries (NSE:JAIBALAJI) Cyclically Adjusted Price-to-FCF : 164.89 (As of May. 25, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Jai Balaji Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Jai Balaji Industries's current share price is ₹933.25. Jai Balaji Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹5.66. Jai Balaji Industries's Cyclically Adjusted Price-to-FCF for today is 164.89.

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

NSE:JAIBALAJI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.3   Med: 177.83   Max: 336.11
Current: 164.97

During the past 13 years, Jai Balaji Industries's highest Cyclically Adjusted Price-to-FCF was 336.11. The lowest was 25.30. And the median was 177.83.

NSE:JAIBALAJI's Cyclically Adjusted Price-to-FCF is ranked worse than
94.4% of 250 companies
in the Steel industry
Industry Median: 13.68 vs NSE:JAIBALAJI: 164.97

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.

Jai Balaji Industries's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹25.907. 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 ₹5.66 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jai Balaji Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jai Balaji Industries'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.

Jai Balaji Industries Cyclically Adjusted Price-to-FCF Chart

Jai Balaji Industries 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 - - 242.17 25.36 164.58

Jai Balaji Industries 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 25.36 - - - 164.58

Competitive Comparison of Jai Balaji Industries's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Jai Balaji Industries'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.


Jai Balaji Industries's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jai Balaji Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jai Balaji Industries 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.

Jai Balaji Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=933.25/5.66
=164.89

* 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.

Jai Balaji Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Jai Balaji Industries'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)
=25.907/153.0345*153.0345
=25.907

Current CPI (Mar24) = 153.0345.

Jai Balaji Industries Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -9.411 97.163 -14.823
201603 -25.680 102.518 -38.334
201703 -12.480 105.196 -18.155
201803 3.618 109.786 5.043
201903 4.181 118.202 5.413
202003 24.546 124.705 30.122
202103 9.171 131.771 10.651
202203 30.369 138.822 33.478
202303 16.237 146.865 16.919
202403 25.907 153.035 25.907

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.


Jai Balaji Industries  (NSE:JAIBALAJI) 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.


Jai Balaji Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Jai Balaji Industries (NSE:JAIBALAJI) Business Description

Traded in Other Exchanges
Address
5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001
Jai Balaji Industries Ltd is an India based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.

Jai Balaji Industries (NSE:JAIBALAJI) Headlines

No Headlines