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LPG (Dorian LPG) Cyclically Adjusted FCF per Share : $1.08 (As of Dec. 2024)


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What is Dorian LPG 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.

Dorian LPG's adjusted free cash flow per share for the three months ended in Dec. 2024 was $0.503. 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 $1.08 for the trailing ten years ended in Dec. 2024.

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.

As of today (2025-05-11), Dorian LPG's current stock price is $22.02. Dorian LPG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $1.08. Dorian LPG's Cyclically Adjusted Price-to-FCF of today is 20.39.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Dorian LPG was 337.40. The lowest was 16.06. And the median was 39.87.


Dorian LPG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dorian LPG'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.

Dorian LPG Cyclically Adjusted FCF per Share Chart

Dorian LPG Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.15

Dorian LPG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.40 0.15 0.39 0.80 1.08

Competitive Comparison of Dorian LPG's Cyclically Adjusted FCF per Share

For the Oil & Gas Midstream subindustry, Dorian LPG'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.


Dorian LPG's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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


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Dorian LPG 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, Dorian LPG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.503/133.1571*133.1571
=0.503

Current CPI (Dec. 2024) = 133.1571.

Dorian LPG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.276 99.621 -0.369
201506 -3.280 100.684 -4.338
201509 -4.264 100.392 -5.656
201512 -5.756 99.792 -7.680
201603 0.215 100.470 0.285
201606 0.521 101.688 0.682
201609 0.276 101.861 0.361
201612 0.075 101.863 0.098
201703 0.051 102.862 0.066
201706 0.225 103.349 0.290
201709 0.366 104.136 0.468
201712 0.161 104.011 0.206
201803 0.299 105.290 0.378
201806 -0.196 106.317 -0.245
201809 0.004 106.507 0.005
201812 0.061 105.998 0.077
201903 0.218 107.251 0.271
201906 0.130 108.070 0.160
201909 0.902 108.329 1.109
201912 0.763 108.420 0.937
202003 0.972 108.902 1.188
202006 0.973 108.767 1.191
202009 0.001 109.815 0.001
202012 0.574 109.897 0.695
202103 1.744 111.754 2.078
202106 0.687 114.631 0.798
202109 0.815 115.734 0.938
202112 0.139 117.630 0.157
202203 0.723 121.301 0.794
202206 0.630 125.017 0.671
202209 1.214 125.227 1.291
202212 1.041 125.222 1.107
202303 0.977 127.348 1.022
202306 1.509 128.729 1.561
202309 2.359 129.860 2.419
202312 1.729 129.419 1.779
202403 3.179 131.776 3.212
202406 0.972 132.554 0.976
202409 1.309 133.029 1.310
202412 0.503 133.157 0.503

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


Dorian LPG  (NYSE:LPG) 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.

Dorian LPG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.02/1.08
=20.39

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Dorian LPG was 337.40. The lowest was 16.06. And the median was 39.87.


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.


Dorian LPG Cyclically Adjusted FCF per Share Related Terms

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


Dorian LPG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorian LPG Ltd (NYSE:LPG) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
27 Signal Road, Stamford, CT, USA, 06902
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.
Executives
John C Hadjipateras director, officer: Chief Executive Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Oivind Lorentzen director C/O SEACOR SMIT, INC., 460 PARK AVENUE 12TH FLOOR, NEW YORK NY 10022
Alexander C. Hadjipateras officer: EVP at Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Christina Tan director 1453 FAIRFIELD BEACH ROAD, FAIRFIELD CT 06824
Theodore B. Young officer: Chief Financial Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Tim Truels Hansen officer: Chief Commercial Officer STRANDHOLMS ALLE 23, HVIDOVRE G7 2650
John Lycouris director, officer: CEO of Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Thomas Jason Coleman director C/O KENSICO CAPITAL MANAGEMENT, 55 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Marit Lunde director 27 SIGNAL ROAD, STAMFORD CT 06902
Ted Kalborg director C/O TUFTON OCEANIC LIMITED, ALBEMARLE HOUSE, 1, ALBEMARLE STREET, LONDON X0 SW1 4HA
Bw Group Ltd 10 percent owner MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Bw Lpg Holding Ltd other: Member of 10% owner group C/O MAPLETREE BUSINESS CITY #17-02, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Hna Investment Management Llc 10 percent owner C/O HNA GROUP NORTH AMERICA LLC, 1180 AVENUE OF THE AMERICAS, SUITE 1910, NEW YORK NY 10036
Scorpio Tankers Inc. 10 percent owner L'EXOTIQUE 99 BOULEVARD JARDIN EXOTIQUE, MONACO O9 98000
Family Foundation Sohmen 10 percent owner HEILIGKREUZ 6, P O BOX 484, VADUZ N2 FL-9490