GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shanghai Serum Bio Technology Co Ltd (SHSE:688163) » Definitions » Cyclically Adjusted Price-to-FCF

Shanghai Serum Bio Technology Co (SHSE:688163) Cyclically Adjusted Price-to-FCF : 28.12 (As of Jun. 08, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Shanghai Serum Bio Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Shanghai Serum Bio Technology Co's current share price is ¥12.09. Shanghai Serum Bio Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.43. Shanghai Serum Bio Technology Co's Cyclically Adjusted Price-to-FCF for today is 28.12.

The historical rank and industry rank for Shanghai Serum Bio Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:688163' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.77   Med: 34.98   Max: 46.12
Current: 30.77

During the past 10 years, Shanghai Serum Bio Technology Co's highest Cyclically Adjusted Price-to-FCF was 46.12. The lowest was 30.77. And the median was 34.98.

SHSE:688163's Cyclically Adjusted Price-to-FCF is ranked better than
69.52% of 105 companies
in the Biotechnology industry
Industry Median: 49.53 vs SHSE:688163: 30.77

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.

Shanghai Serum Bio Technology Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.038. 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 ¥0.43 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Serum Bio Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Serum Bio Technology 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.

Shanghai Serum Bio Technology Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Serum Bio Technology Co Annual Data
Trend Dec13 Dec14 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 - - - - 46.25

Shanghai Serum Bio Technology Co Quarterly Data
Dec16 Dec17 Dec18 Dec19 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 - - - 46.25 -

Competitive Comparison of Shanghai Serum Bio Technology Co's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Shanghai Serum Bio Technology 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.


Shanghai Serum Bio Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Serum Bio Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Serum Bio Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Serum Bio Technology 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.

Shanghai Serum Bio Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.09/0.43
=28.12

* 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.

Shanghai Serum Bio Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shanghai Serum Bio Technology Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.038/114.7809*114.7809
=0.038

Current CPI (Dec23) = 114.7809.

Shanghai Serum Bio Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201612 0.095 102.600 0.106
201712 0.032 104.500 0.035
201812 0.299 106.500 0.322
201912 0.699 111.200 0.722
202012 0.993 111.500 1.022
202112 0.795 113.108 0.807
202212 0.407 115.116 0.406
202312 0.038 114.781 0.038

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.


Shanghai Serum Bio Technology Co  (SHSE:688163) 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.


Shanghai Serum Bio Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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


Shanghai Serum Bio Technology Co (SHSE:688163) Business Description

Traded in Other Exchanges
N/A
Address
No. 1288, Huaqing Road, Qingpu District, Shanghai, CHN, 201707
Shanghai Serum Bio Technology Co Ltd is engaged in the research, development, production and sales of preventive and therapeutic drugs in the field of biotoxins and biosafety.

Shanghai Serum Bio Technology Co (SHSE:688163) Headlines

No Headlines