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Pieridae Energy (TSX:PEA) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Pieridae Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pieridae Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pieridae Energy'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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Pieridae Energy Cyclically Adjusted Price-to-FCF Chart

Pieridae Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Pieridae Energy 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 Pieridae Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Pieridae Energy'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.


Pieridae Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pieridae Energy's Cyclically Adjusted Price-to-FCF falls into.



Pieridae Energy 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.

Pieridae Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pieridae Energy'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)
=0.014/126.2576*126.2576
=0.014

Current CPI (Mar. 2024) = 126.2576.

Pieridae Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.407 99.473 -0.517
201409 -0.005 99.394 -0.006
201412 -0.268 98.367 -0.344
201503 -0.112 99.789 -0.142
201506 0.086 100.500 0.108
201509 -0.113 100.421 -0.142
201512 -0.084 99.947 -0.106
201603 -0.076 101.054 -0.095
201606 -0.048 102.002 -0.059
201609 -0.924 101.765 -1.146
201612 -0.004 101.449 -0.005
201703 -0.004 102.634 -0.005
201706 -0.021 103.029 -0.026
201709 0.005 103.345 0.006
201712 -0.208 103.345 -0.254
201803 -0.048 105.004 -0.058
201806 -0.045 105.557 -0.054
201809 -0.067 105.636 -0.080
201812 -0.025 105.399 -0.030
201903 -0.227 106.979 -0.268
201906 -0.209 107.690 -0.245
201909 -0.025 107.611 -0.029
201912 -0.120 107.769 -0.141
202003 0.028 107.927 0.033
202006 -0.018 108.401 -0.021
202009 -0.067 108.164 -0.078
202012 -0.041 108.559 -0.048
202103 0.034 110.298 0.039
202106 -0.037 111.720 -0.042
202109 -0.019 112.905 -0.021
202112 0.125 113.774 0.139
202203 -0.002 117.646 -0.002
202206 0.156 120.806 0.163
202209 0.017 120.648 0.018
202212 0.132 120.964 0.138
202303 0.129 122.702 0.133
202306 0.114 124.203 0.116
202309 -0.055 125.230 -0.055
202312 0.131 125.072 0.132
202403 0.014 126.258 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.


Pieridae Energy  (TSX:PEA) 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.


Pieridae Energy Cyclically Adjusted Price-to-FCF Related Terms

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Pieridae Energy (TSX:PEA) Business Description

Industry
Traded in Other Exchanges
Address
308 - 4th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 0H7
Pieridae Energy Ltd is a Canadian owned corporation focused on the development of integrated energy-related activities, from exploration and extraction of natural gas to the development, construction and operation of Goldboro LNG facility and the production of LNG for sale to Europe and other markets. It is a mid-sized oil and gas entity including midstream operatorship, and three large, deep cut, sour gas plants and associated Sulphur forming facilities, together with various pipelines which are connected to the TC Energy NOVA pipeline system in Alberta Its upstream segment is comprised of petroleum and natural gas production operations and properties. It also includes the company's upstream operations in Eastern Canada and corporate overhead activities associated with these operations.
Executives
John Emery Senior Officer

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