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PT Ciputra Development Tbk (ISX:CTRA) Cyclically Adjusted FCF per Share : Rp87.43 (As of Mar. 2025)


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What is PT Ciputra Development Tbk Cyclically Adjusted FCF per Share?

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.

PT Ciputra Development Tbk's adjusted free cash flow per share for the three months ended in Mar. 2025 was Rp-12.369. 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 Rp87.43 for the trailing ten years ended in Mar. 2025.

During the past 12 months, PT Ciputra Development Tbk's average Cyclically Adjusted FCF Growth Rate was -3.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.70% 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 PT Ciputra Development Tbk was 23.90% per year. The lowest was 12.80% per year. And the median was 16.10% per year.

As of today (2025-05-25), PT Ciputra Development Tbk's current stock price is Rp985.00. PT Ciputra Development Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was Rp87.43. PT Ciputra Development Tbk's Cyclically Adjusted Price-to-FCF of today is 11.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Ciputra Development Tbk was 30.34. The lowest was 8.36. And the median was 14.87.


PT Ciputra Development Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Ciputra Development Tbk'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.

PT Ciputra Development Tbk Cyclically Adjusted FCF per Share Chart

PT Ciputra Development Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.53 61.20 82.13 82.85 87.90

PT Ciputra Development Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 90.29 101.75 103.74 87.90 87.43

Competitive Comparison of PT Ciputra Development Tbk's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, PT Ciputra Development Tbk'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.


PT Ciputra Development Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Ciputra Development Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Ciputra Development Tbk's Cyclically Adjusted Price-to-FCF falls into.


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PT Ciputra Development Tbk 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, PT Ciputra Development Tbk's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-12.369/131.9484*131.9484
=-12.369

Current CPI (Mar. 2025) = 131.9484.

PT Ciputra Development Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.684 99.766 0.905
201509 42.415 101.037 55.392
201512 -11.737 102.133 -15.163
201603 -4.230 102.764 -5.431
201606 -5.852 103.212 -7.481
201609 -2.316 104.142 -2.934
201612 -5.561 105.222 -6.974
201703 12.312 106.476 15.257
201706 -2.466 107.722 -3.021
201709 -1.207 108.020 -1.474
201712 3.979 109.017 4.816
201803 18.882 110.097 22.630
201806 -14.227 111.085 -16.899
201809 9.172 111.135 10.890
201812 29.594 112.430 34.732
201903 16.148 112.829 18.884
201906 0.177 114.730 0.204
201909 7.045 114.905 8.090
201912 21.429 115.486 24.484
202003 12.732 116.252 14.451
202006 -21.108 116.630 -23.880
202009 32.407 116.397 36.737
202012 31.286 117.318 35.188
202103 42.190 117.840 47.241
202106 55.096 118.184 61.513
202109 25.268 118.262 28.192
202112 61.785 119.516 68.212
202203 68.803 120.948 75.061
202206 33.579 123.322 35.928
202209 25.520 125.298 26.874
202212 55.513 126.098 58.089
202303 40.828 126.953 42.435
202306 28.598 127.663 29.558
202309 41.047 128.151 42.263
202312 56.766 129.395 57.886
202403 38.618 130.607 39.015
202406 45.769 130.792 46.174
202409 7.197 130.361 7.285
202412 21.468 131.432 21.552
202503 -12.369 131.948 -12.369

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


PT Ciputra Development Tbk  (ISX:CTRA) 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.

PT Ciputra Development Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=985.00/87.43
=11.27

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Ciputra Development Tbk was 30.34. The lowest was 8.36. And the median was 14.87.


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.


PT Ciputra Development Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT Ciputra Development Tbk Business Description

Traded in Other Exchanges
Address
Jalan Prof. Dr. Satrio Kav. 3-5, 39th Floor, Ciputra World 1, DBS Bank Tower, Jakarta, IDN, 12940
PT Ciputra Development Tbk is a property company in Indonesia. The company's portfolio and land holdings are diverse in terms of product, location, and market segment. The company targets the mid-high-income segment and has developed numerous projects in cities throughout Indonesia. For business purposes, the group is classified into two reportable segments; Residential and Commercial Property. It generates maximum revenue from the Residential.