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PRIO (PTRRY) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is PRIO Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PRIO Cyclically Adjusted Price-to-FCF Historical Data

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

PRIO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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PRIO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of PRIO's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, PRIO'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.


PRIO's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PRIO's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PRIO 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.

PRIO's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PRIO's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.032/159.3724*159.3724
=0.032

Current CPI (Mar. 2024) = 159.3724.

PRIO Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.199 91.838 0.345
201409 0.024 92.602 0.041
201412 -0.074 94.194 -0.125
201503 -0.121 97.799 -0.197
201506 -0.006 100.006 -0.010
201509 -0.061 101.392 -0.096
201512 0.040 104.247 0.061
201603 0.010 106.979 0.015
201606 -0.019 108.851 -0.028
201609 -0.008 109.986 -0.012
201612 0.035 110.802 0.050
201703 -0.070 111.869 -0.100
201706 0.001 112.115 0.001
201709 0.018 112.777 0.025
201712 0.013 114.068 0.018
201803 -0.167 114.868 -0.232
201806 0.010 117.038 0.014
201809 0.011 117.881 0.015
201812 0.240 118.340 0.323
201903 -0.624 120.124 -0.828
201906 0.117 120.977 0.154
201909 0.057 121.292 0.075
201912 -0.092 123.436 -0.119
202003 -0.190 124.092 -0.244
202006 0.200 123.557 0.258
202009 0.093 125.095 0.118
202012 0.094 129.012 0.116
202103 0.104 131.660 0.126
202106 -0.025 133.871 -0.030
202109 0.025 137.913 0.029
202112 0.084 141.992 0.094
202203 0.152 146.537 0.165
202206 -0.292 149.784 -0.311
202209 0.277 147.800 0.299
202212 0.125 150.207 0.133
202303 -2.267 153.352 -2.356
202306 0.240 154.519 0.248
202309 0.359 155.464 0.368
202312 0.487 157.148 0.494
202403 0.032 159.372 0.032

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.


PRIO  (OTCPK:PTRRY) 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.


PRIO Cyclically Adjusted Price-to-FCF Related Terms

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PRIO (PTRRY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PRIO SA (OTCPK:PTRRY) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Praia de Botafogo, 370, 13th Floor, Botafogo, Rio de Janeiro, RJ, BRA
PRIO SA is engaged in the exploration and production of oil and gas in Brazil and abroad. The company is engaged in oil and gas exploration and production in Brazil and overseas. Its exploration assets comprise Hammer shark field, Octopus field, Campo de Frade, East Albacora field, and Wahoo block.

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