GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroChina Co Ltd (BUE:PTRCY) » Definitions » Cyclically Adjusted FCF per Share

PetroChina Co (BUE:PTRCY) Cyclically Adjusted FCF per Share : ARS0.00 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is PetroChina Co Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

PetroChina Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS892.358. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ARS0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PetroChina Co's average Cyclically Adjusted FCF Growth Rate was 20.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 34.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of PetroChina Co was 166.80% per year. The lowest was -18.60% per year. And the median was 24.10% per year.

As of today (2024-05-16), PetroChina Co's current stock price is ARS3443.50. PetroChina Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS0.00. PetroChina Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PetroChina Co was 910.00. The lowest was 12.33. And the median was 28.05.


PetroChina Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PetroChina Co's Cyclically Adjusted FCF per Share 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.

PetroChina Co Cyclically Adjusted FCF per Share Chart

PetroChina Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.51 263.30 449.36 706.71 -

PetroChina 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 FCF per Share 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 639.84 488.64 - - -

Competitive Comparison of PetroChina Co's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, PetroChina 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.


PetroChina Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



PetroChina Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PetroChina 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)
=892.358/114.6694*114.6694
=892.358

Current CPI (Mar. 2024) = 114.6694.

PetroChina Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 10.031 98.200 11.713
201409 10.831 98.900 12.558
201412 -3.175 99.000 -3.678
201503 -4.393 99.900 -5.042
201506 6.855 99.500 7.900
201509 9.319 100.500 10.633
201512 -2.858 100.600 -3.258
201603 2.899 102.200 3.253
201606 4.835 101.400 5.468
201609 13.947 102.400 15.618
201612 0.954 102.600 1.066
201703 9.185 103.200 10.206
201706 10.561 103.100 11.746
201709 20.090 104.100 22.130
201712 6.097 104.500 6.690
201803 1.089 105.300 1.186
201806 23.519 104.900 25.709
201809 41.236 106.600 44.357
201812 -19.094 106.500 -20.559
201903 0.655 107.700 0.697
201906 8.748 107.700 9.314
201909 44.411 109.800 46.381
201912 -22.468 111.200 -23.169
202003 -82.381 112.300 -84.119
202006 49.721 110.400 51.644
202009 39.410 111.700 40.458
202012 111.480 111.500 114.649
202103 -72.795 112.662 -74.092
202106 87.871 111.769 90.151
202109 108.578 112.215 110.952
202112 41.536 113.108 42.109
202203 74.310 114.335 74.528
202206 152.205 114.558 152.353
202209 168.710 115.339 167.731
202212 -17.063 115.116 -16.997
202303 297.637 115.116 296.483
202306 153.689 114.558 153.839
202309 370.322 115.339 368.173
202312 56.990 114.669 56.990
202403 892.358 114.669 892.358

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


PetroChina Co  (BUE:PTRCY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PetroChina Co was 910.00. The lowest was 12.33. And the median was 28.05.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


PetroChina Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of PetroChina Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PetroChina Co (BUE:PTRCY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroChina Co Ltd (BUE:PTRCY) » Definitions » Cyclically Adjusted FCF per Share
Address
No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.

PetroChina Co (BUE:PTRCY) Headlines