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China CYTS Tours Holding Co (SHSE:600138) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is China CYTS Tours Holding Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China CYTS Tours Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China CYTS Tours Holding 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.

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China CYTS Tours Holding Co Cyclically Adjusted Price-to-FCF Chart

China CYTS Tours Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China CYTS Tours Holding Co 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 China CYTS Tours Holding Co's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, China CYTS Tours Holding 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.


China CYTS Tours Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China CYTS Tours Holding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China CYTS Tours Holding Co's Cyclically Adjusted Price-to-FCF falls into.



China CYTS Tours Holding 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.

China CYTS Tours Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China CYTS Tours Holding Co'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)
=-0.014/115.2271*115.2271
=-0.014

Current CPI (Mar. 2024) = 115.2271.

China CYTS Tours Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.185 98.200 0.217
201409 -0.106 98.900 -0.123
201412 0.132 99.000 0.154
201503 -0.294 99.900 -0.339
201506 -0.100 99.500 -0.116
201509 -0.140 100.500 -0.161
201512 0.276 100.600 0.316
201603 -0.159 102.200 -0.179
201606 -0.113 101.400 -0.128
201609 -0.137 102.400 -0.154
201612 0.170 102.600 0.191
201703 -0.274 103.200 -0.306
201706 -0.040 103.100 -0.045
201709 0.099 104.100 0.110
201712 -0.740 104.500 -0.816
201803 -0.514 105.300 -0.562
201806 -0.038 104.900 -0.042
201809 -0.043 106.600 -0.046
201812 0.576 106.500 0.623
201903 -0.335 107.700 -0.358
201906 0.008 107.700 0.009
201909 0.530 109.800 0.556
201912 -0.862 111.200 -0.893
202003 0.025 112.300 0.026
202006 -0.151 110.400 -0.158
202009 -0.034 111.700 -0.035
202012 -0.100 111.500 -0.103
202103 -0.396 112.662 -0.405
202106 0.194 111.769 0.200
202109 0.510 112.215 0.524
202112 -0.014 113.108 -0.014
202203 -0.758 114.335 -0.764
202206 -0.448 114.558 -0.451
202209 -0.055 115.339 -0.055
202212 -0.016 115.116 -0.016
202303 -0.354 115.116 -0.354
202306 -0.015 114.558 -0.015
202309 0.856 115.339 0.855
202312 0.407 114.781 0.409
202403 -0.014 115.227 -0.014

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 CYTS Tours Holding Co  (SHSE:600138) 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 CYTS Tours Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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China CYTS Tours Holding Co (SHSE:600138) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Dongzhimen South Street, Zhongyuelv Building, Dongcheng District, Beijing, CHN, 100007
China CYTS Tours Holding Co Ltd is a China-based company engaged in the tourism services industry. It provides services including holiday booking services, the domestic tourist resort, island tourist resort and other services and benefits. The company provides tourism services which include both the domestic and international tour vacations.

China CYTS Tours Holding Co (SHSE:600138) Headlines

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