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Gulf Resources (Gulf Resources) Cyclically Adjusted Price-to-FCF : 1.21 (As of Apr. 28, 2024)


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What is Gulf Resources Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Gulf Resources's current share price is $1.52. Gulf Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $1.26. Gulf Resources's Cyclically Adjusted Price-to-FCF for today is 1.21.

The historical rank and industry rank for Gulf Resources's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

GURE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.23   Med: 2.1   Max: 7.62
Current: 1.21

During the past years, Gulf Resources's highest Cyclically Adjusted Price-to-FCF was 7.62. The lowest was 0.23. And the median was 2.10.

GURE's Cyclically Adjusted Price-to-FCF is ranked better than
99.12% of 568 companies
in the Chemicals industry
Industry Median: 23.915 vs GURE: 1.21

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.

Gulf Resources's adjusted free cash flow per share data for the three months ended in Sep. 2023 was $-1.562. 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 $1.26 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gulf Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gulf Resources'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.

Gulf Resources Cyclically Adjusted Price-to-FCF Chart

Gulf Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.51 3.37 3.16 1.74

Gulf Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.89 1.74 1.65 1.60 1.48

Competitive Comparison of Gulf Resources's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Gulf Resources'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.


Gulf Resources's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gulf Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Gulf Resources 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.

Gulf Resources's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.52/1.26
=1.21

* 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.

Gulf Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Gulf Resources's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-1.562/115.3387*115.3387
=-1.562

Current CPI (Sep. 2023) = 115.3387.

Gulf Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.749 97.624 0.885
201403 1.587 98.600 1.856
201406 1.268 98.200 1.489
201409 0.370 98.900 0.431
201412 1.792 99.000 2.088
201503 2.007 99.900 2.317
201506 0.683 99.500 0.792
201509 0.804 100.500 0.923
201512 1.645 100.600 1.886
201603 1.496 102.200 1.688
201606 0.214 101.400 0.243
201609 -0.453 102.400 -0.510
201612 2.750 102.600 3.091
201703 0.859 103.200 0.960
201706 0.063 103.100 0.070
201709 1.425 104.100 1.579
201712 1.317 104.500 1.454
201803 2.073 105.300 2.271
201806 -0.966 104.900 -1.062
201809 0.055 106.600 0.060
201812 -3.151 106.500 -3.413
201903 -0.298 107.700 -0.319
201906 -1.639 107.700 -1.755
201909 -5.398 109.800 -5.670
201912 -0.660 111.200 -0.685
202003 -0.548 112.300 -0.563
202006 -0.365 110.400 -0.381
202009 0.217 111.700 0.224
202012 -0.581 111.500 -0.601
202103 0.334 112.662 0.342
202106 0.352 111.769 0.363
202109 0.386 112.215 0.397
202112 1.169 113.108 1.192
202203 0.769 114.335 0.776
202206 -2.175 114.558 -2.190
202209 1.777 115.339 1.777
202212 1.110 115.116 1.112
202303 0.460 115.116 0.461
202306 0.591 114.558 0.595
202309 -1.562 115.339 -1.562

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.


Gulf Resources  (NAS:GURE) 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.


Gulf Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Gulf Resources (Gulf Resources) Business Description

Industry
Traded in Other Exchanges
Address
Level 11, Vegetable Building, Industrial Park of the East Shouguang City, Shandong, Shouguang, CHN, 262700
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.
Executives
Xiaobin Liu director, officer: Chief Executive Officer GULF RESOURCES, INC. NO.99 WENCHANG ROAD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY F4 262714
Naihui Miao officer: COO and Secretary GULF RESOURCES INC. NO.99, WENCHANG ROAD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY F4 262714
Min Li director, officer: Chief Financial Officer CHEMING INDUSTRIAL PARK UNIT, HAOYUAN CHEMICAL COMPANY LIMITED, SHOUGUANG CITY, SHAN F4 F4 262714
Tengfei Zhang director C/O GULF RESOURCES, INC. 99 WENCHANG RD., CHENMING INDUSTRIAL PARK, SHOUGUANG CITY, SHANDONG F4 262714
Shengwei Ma director LEVEL 11, VEGETABLE BUILDING, INDUSTRIAL PARK OF THE EAST CITY, SHOUGUANG CITY, SHANGDON PROVI F4 262700
Shitong Jiang director GULF RESOURCES, INC. NO.99 WENCHANG ROAD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY F4 262714
Yang Zou director C/O GULF RESOURCES, INC., 99 WENCHANG RD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY, SHANDONG F4 262714
Nan Li director C/O GULF RESOURCES, INC., 99 WENCHANG RD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY, SHANDONG F4 262714
Ming Yang 10 percent owner NO. 501 BO HAI ROAD, SHOUGUANG CITY, SHANDONG F4 262700
Weijie Chen 10 percent owner NORTH WEIGAO ROAD, LUOCHENG SUB-DISTRICT OFFICE, SHOUGUANG F4 262700
Hap Trading, Llc 10 percent owner 395 HUDSON STREET, SUITE 701, NEW YORK NY 10014
Vignolo Biagio M Jr director 1 WHITEHALL STREET, NEW YORK NY 10004
Richard Khaleel director 110 RIVERSIDE DRIVE, APT 3E, NEW YORK NY 10024
Shandong Haoyuan Industry Group Ltd 10 percent owner WO PU TOWN, QING HE OIL EXTRACTION PLANT, 2ND LIVING DISTRICT, SHOUGUANG CITY F4 51800
Wenxiang Yu 10 percent owner NO. 108 SHENG CHENG ROAD, BUILDING NO. 1, UNIT 3, ROOM 402, SHOUGUANG CITY, SHAN F4 262700