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Tianjin Lisheng Pharmaceutical Co (SZSE:002393) Cyclically Adjusted Price-to-FCF : 53.71 (As of Jun. 08, 2024)


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What is Tianjin Lisheng Pharmaceutical Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Tianjin Lisheng Pharmaceutical Co's current share price is ¥16.65. Tianjin Lisheng Pharmaceutical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.31. Tianjin Lisheng Pharmaceutical Co's Cyclically Adjusted Price-to-FCF for today is 53.71.

The historical rank and industry rank for Tianjin Lisheng Pharmaceutical Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002393' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 53.38   Med: 118.16   Max: 1399.29
Current: 53.38

During the past years, Tianjin Lisheng Pharmaceutical Co's highest Cyclically Adjusted Price-to-FCF was 1399.29. The lowest was 53.38. And the median was 118.16.

SZSE:002393's Cyclically Adjusted Price-to-FCF is ranked worse than
68.32% of 322 companies
in the Drug Manufacturers industry
Industry Median: 31.865 vs SZSE:002393: 53.38

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.

Tianjin Lisheng Pharmaceutical Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.268. 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 ¥0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianjin Lisheng Pharmaceutical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tianjin Lisheng Pharmaceutical 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.

Tianjin Lisheng Pharmaceutical Co Cyclically Adjusted Price-to-FCF Chart

Tianjin Lisheng Pharmaceutical 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 157.62 390.76 168.88 79.02 72.29

Tianjin Lisheng Pharmaceutical 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 77.20 67.23 74.80 72.29 57.17

Competitive Comparison of Tianjin Lisheng Pharmaceutical Co's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Tianjin Lisheng Pharmaceutical 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.


Tianjin Lisheng Pharmaceutical Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tianjin Lisheng Pharmaceutical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tianjin Lisheng Pharmaceutical Co's Cyclically Adjusted Price-to-FCF falls into.



Tianjin Lisheng Pharmaceutical 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.

Tianjin Lisheng Pharmaceutical Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.65/0.31
=53.71

* 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.

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

For example, Tianjin Lisheng Pharmaceutical 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)
=0.268/115.2271*115.2271
=0.268

Current CPI (Mar. 2024) = 115.2271.

Tianjin Lisheng Pharmaceutical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.227 98.200 -0.266
201409 -0.079 98.900 -0.092
201412 -0.339 99.000 -0.395
201503 -0.087 99.900 -0.100
201506 -0.053 99.500 -0.061
201509 -0.092 100.500 -0.105
201512 0.216 100.600 0.247
201603 -0.199 102.200 -0.224
201606 -0.033 101.400 -0.037
201609 0.251 102.400 0.282
201612 0.110 102.600 0.124
201703 -0.120 103.200 -0.134
201706 0.051 103.100 0.057
201709 0.315 104.100 0.349
201712 0.263 104.500 0.290
201803 0.135 105.300 0.148
201806 0.041 104.900 0.045
201809 0.159 106.600 0.172
201812 -0.102 106.500 -0.110
201903 0.164 107.700 0.175
201906 0.221 107.700 0.236
201909 0.320 109.800 0.336
201912 -0.007 111.200 -0.007
202003 0.273 112.300 0.280
202006 -0.108 110.400 -0.113
202009 -0.001 111.700 -0.001
202012 -0.338 111.500 -0.349
202103 -0.002 112.662 -0.002
202106 -0.031 111.769 -0.032
202109 0.216 112.215 0.222
202112 0.235 113.108 0.239
202203 0.077 114.335 0.078
202206 0.354 114.558 0.356
202209 0.225 115.339 0.225
202212 0.464 115.116 0.464
202303 0.170 115.116 0.170
202306 0.026 114.558 0.026
202309 -0.065 115.339 -0.065
202312 0.410 114.781 0.412
202403 0.268 115.227 0.268

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.


Tianjin Lisheng Pharmaceutical Co  (SZSE:002393) 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.


Tianjin Lisheng Pharmaceutical Co Cyclically Adjusted Price-to-FCF Related Terms

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Tianjin Lisheng Pharmaceutical Co (SZSE:002393) Business Description

Traded in Other Exchanges
N/A
Address
No.491 Huanghe Street, Nankai, Tianjin, CHN, 300111
Tianjin Lisheng Pharmaceutical Co Ltd manufactures and sells tablet medicine, capsule medicine, pill, freeze-dry powder injection, liquid injection and raw material medicine.
Executives
Zhang Tong Sheng Director
Shi Xue Rong Supervisors
Zhao Yu Ming Director

Tianjin Lisheng Pharmaceutical Co (SZSE:002393) Headlines

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