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Jiangsu Baichuan High-Tech New Materials Co (SZSE:002455) Cyclically Adjusted Price-to-FCF : (As of May. 30, 2024)


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What is Jiangsu Baichuan High-Tech New Materials Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Baichuan High-Tech New Materials Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Baichuan High-Tech New Materials 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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Jiangsu Baichuan High-Tech New Materials Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Baichuan High-Tech New Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Jiangsu Baichuan High-Tech New Materials 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 Jiangsu Baichuan High-Tech New Materials Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Jiangsu Baichuan High-Tech New Materials 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.


Jiangsu Baichuan High-Tech New Materials Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Baichuan High-Tech New Materials Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Baichuan High-Tech New Materials Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Baichuan High-Tech New Materials 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.

Jiangsu Baichuan High-Tech New Materials Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jiangsu Baichuan High-Tech New Materials 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)
=-0.474/115.2271*115.2271
=-0.474

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Baichuan High-Tech New Materials Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.176 98.200 0.207
201409 0.251 98.900 0.292
201412 0.056 99.000 0.065
201503 0.182 99.900 0.210
201506 0.148 99.500 0.171
201509 0.279 100.500 0.320
201512 0.229 100.600 0.262
201603 0.139 102.200 0.157
201606 0.040 101.400 0.045
201609 0.009 102.400 0.010
201612 -0.035 102.600 -0.039
201703 0.025 103.200 0.028
201706 0.152 103.100 0.170
201709 -0.048 104.100 -0.053
201712 0.081 104.500 0.089
201803 -0.006 105.300 -0.007
201806 -0.068 104.900 -0.075
201809 0.039 106.600 0.042
201812 0.093 106.500 0.101
201903 -0.197 107.700 -0.211
201906 -0.087 107.700 -0.093
201909 -0.141 109.800 -0.148
201912 0.088 111.200 0.091
202003 -0.305 112.300 -0.313
202006 -0.171 110.400 -0.178
202009 -0.419 111.700 -0.432
202012 -0.683 111.500 -0.706
202103 -0.858 112.662 -0.878
202106 -0.356 111.769 -0.367
202109 -0.730 112.215 -0.750
202112 -0.282 113.108 -0.287
202203 -1.439 114.335 -1.450
202206 -0.642 114.558 -0.646
202209 -0.445 115.339 -0.445
202212 -0.999 115.116 -1.000
202303 -1.034 115.116 -1.035
202306 -0.262 114.558 -0.264
202309 -0.620 115.339 -0.619
202312 0.289 114.781 0.290
202403 -0.474 115.227 -0.474

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.


Jiangsu Baichuan High-Tech New Materials Co  (SZSE:002455) 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.


Jiangsu Baichuan High-Tech New Materials Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Jiangsu Baichuan High-Tech New Materials Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Baichuan High-Tech New Materials Co (SZSE:002455) Business Description

Traded in Other Exchanges
N/A
Address
55 Jianshe Lu, Yunting Town, Jiangsu Province, Jiangyin, CHN, 214422
Jiangsu Baichuan High-Tech New Materials Co Ltd is engaged in hi-tech fine chemical products. It is engaged in research, development, and production of many environment-friendly chemical products, such as acetates, propylene glycol ether and its esters, acid anhydrides, plasticizer, polyatomic alcohols, insulating resins and enamel wire paints. The company's products are widely used in many fields, such as paintings, cementing compounds, pharmaceutical and medical treatment, household appliances, carpentry furniture, finishing and decoration, toys for children, package printing, industrial equipment, and road marking.
Executives
Sun Bai Ya Executives
Jiang Guo Qiang Directors, executives
Cao Sheng Ping Executives
Cao Cai E Executives
Weng Jun Wei Supervisors
Chen Hui Min Directors, executives
Zheng Tie Jiang Director
Zheng Jiang Directors, executives
Hui Ning Director
Cheng Guo Liang Supervisors
Xu Wei Supervisors

Jiangsu Baichuan High-Tech New Materials Co (SZSE:002455) Headlines

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