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Shandong Molong Petroleum Machinery Co (Shandong Molong Petroleum Machinery Co) Cyclically Adjusted Price-to-FCF : 76.86 (As of May. 17, 2024)


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What is Shandong Molong Petroleum Machinery Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Shandong Molong Petroleum Machinery Co's current share price is $5.38. Shandong Molong Petroleum Machinery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.07. Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF for today is 76.86.

The historical rank and industry rank for Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHANY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.11   Med: 61.17   Max: 307
Current: 42.7

During the past years, Shandong Molong Petroleum Machinery Co's highest Cyclically Adjusted Price-to-FCF was 307.00. The lowest was 25.11. And the median was 61.17.

SHANY's Cyclically Adjusted Price-to-FCF is ranked worse than
83.08% of 396 companies
in the Oil & Gas industry
Industry Median: 14.195 vs SHANY: 42.70

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.

Shandong Molong Petroleum Machinery Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.003. 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 $0.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Molong Petroleum Machinery Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shandong Molong Petroleum Machinery Co'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.

Shandong Molong Petroleum Machinery Co Cyclically Adjusted Price-to-FCF Chart

Shandong Molong Petroleum Machinery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 88.79

Shandong Molong Petroleum Machinery Co 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 - 192.78 28.17 88.79 -

Competitive Comparison of Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Shandong Molong Petroleum Machinery Co'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.


Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF falls into.



Shandong Molong Petroleum Machinery Co 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.

Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.38/0.07
=76.86

* 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.

Shandong Molong Petroleum Machinery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Shandong Molong Petroleum Machinery Co'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)
=-0.003/114.7809*114.7809
=-0.003

Current CPI (Dec. 2023) = 114.7809.

Shandong Molong Petroleum Machinery Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.227 98.600 -0.264
201406 0.535 98.200 0.625
201409 -0.046 98.900 -0.053
201412 0.175 99.000 0.203
201503 -0.331 99.900 -0.380
201506 0.357 99.500 0.412
201509 -0.265 100.500 -0.303
201512 -0.662 100.600 -0.755
201603 -0.123 102.200 -0.138
201606 -0.625 101.400 -0.707
201609 -0.623 102.400 -0.698
201612 0.577 102.600 0.646
201703 0.066 103.200 0.073
201706 -0.103 103.100 -0.115
201709 -0.739 104.100 -0.815
201712 -0.263 104.500 -0.289
201803 -0.723 105.300 -0.788
201806 -0.291 104.900 -0.318
201809 0.950 106.600 1.023
201812 0.373 106.500 0.402
201903 0.492 107.700 0.524
201906 0.339 107.700 0.361
201909 0.335 109.800 0.350
201912 1.110 111.200 1.146
202003 -0.474 112.300 -0.484
202006 0.614 110.400 0.638
202009 0.062 111.700 0.064
202012 0.385 111.500 0.396
202103 -0.799 112.662 -0.814
202106 0.646 111.769 0.663
202109 -1.347 112.215 -1.378
202112 1.451 113.108 1.472
202203 -0.333 114.335 -0.334
202206 0.504 114.558 0.505
202209 -0.119 115.339 -0.118
202212 -0.130 115.116 -0.130
202303 0.112 115.116 0.112
202306 -0.205 114.558 -0.205
202309 0.150 115.339 0.149
202312 -0.003 114.781 -0.003

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.


Shandong Molong Petroleum Machinery Co  (OTCPK:SHANY) 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.


Shandong Molong Petroleum Machinery Co Cyclically Adjusted Price-to-FCF Related Terms

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Shandong Molong Petroleum Machinery Co (Shandong Molong Petroleum Machinery Co) Business Description

Traded in Other Exchanges
Address
No. 99 Xingshang Road, Gucheng Street, Shandong Province, Shouguang, CHN, 262700
Shandong Molong Petroleum Machinery Co Ltd is mainly engaged in design, research and development, processing and manufacturing, sales service and export trade of products for the energy equipment industry. The main products included petroleum-drilling machinery equipment, petroleum and natural gas transportation equipment, petroleum and natural gas exploitation equipment, and major critical components and castings and forgings products. The company's products are mainly used in petroleum, natural gas, coalbed methane, shale gas and other energy drilling, machinery processing, and urban pipe network. The sales of pipe products accounted for over 80% of the company's revenue.

Shandong Molong Petroleum Machinery Co (Shandong Molong Petroleum Machinery Co) Headlines

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