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ProAm Explorations (TSXV:PMX) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


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What is ProAm Explorations Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ProAm Explorations Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ProAm Explorations'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.

ProAm Explorations Cyclically Adjusted Price-to-FCF Chart

ProAm Explorations 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 - - - 65.73 -

ProAm Explorations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 65.73 - - - -

Competitive Comparison of ProAm Explorations's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, ProAm Explorations'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.


ProAm Explorations's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



ProAm Explorations 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.

ProAm Explorations's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ProAm Explorations's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.001/125.0724*125.0724
=0.001

Current CPI (Dec. 2023) = 125.0724.

ProAm Explorations Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.004 98.604 -0.005
201406 -0.014 99.473 -0.018
201409 0.037 99.394 0.047
201412 -0.013 98.367 -0.017
201503 -0.001 99.789 -0.001
201506 -0.003 100.500 -0.004
201509 0.000 100.421 0.000
201512 -0.001 99.947 -0.001
201603 -0.001 101.054 -0.001
201606 0.000 102.002 0.000
201609 0.001 101.765 0.001
201612 0.003 101.449 0.004
201703 -0.003 102.634 -0.004
201706 0.000 103.029 0.000
201709 0.010 103.345 0.012
201712 -0.011 103.345 -0.013
201803 0.003 105.004 0.004
201806 -0.009 105.557 -0.011
201809 0.003 105.636 0.004
201812 0.003 105.399 0.004
201903 -0.002 106.979 -0.002
201906 0.000 107.690 0.000
201909 -0.013 107.611 -0.015
201912 0.016 107.769 0.019
202003 0.001 107.927 0.001
202006 -0.012 108.401 -0.014
202009 0.004 108.164 0.005
202012 0.001 108.559 0.001
202103 -0.001 110.298 -0.001
202106 -0.002 111.720 -0.002
202109 0.001 112.905 0.001
202112 0.002 113.774 0.002
202203 -0.008 117.646 -0.009
202206 0.003 120.806 0.003
202209 -0.004 120.648 -0.004
202212 -0.001 120.964 -0.001
202303 0.000 122.702 0.000
202306 -0.002 124.203 -0.002
202309 0.000 125.230 0.000
202312 0.001 125.072 0.001

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.


ProAm Explorations  (TSXV:PMX) 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.


ProAm Explorations Cyclically Adjusted Price-to-FCF Related Terms

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


ProAm Explorations (TSXV:PMX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
867 West 3rd Street, North Vancouver, Vancouver, BC, CAN, V7P 1E2
Website
ProAm Explorations Corp is a junior mineral and oil and natural gas exploration and development company. It operates in Canada and the United States. Mineral exploration is focused in the USA Canada while little oil and natural gas activity has been pursued. The company is a junior exploration company putting its emphasis on mineral properties as economic conditions in natural gas markets have been unsettled. It has a single operating segment the acquisition, exploration and development of resource properties.
Executives
Glencoe-macdonald Holdings Ltd. 10% Security Holder
Donald Leo Macdonald Senior Officer
Macdonald Maureen Director or Senior Officer of 10% Security Holder

ProAm Explorations (TSXV:PMX) Headlines