GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Racing Club Inc (PHS:PRC) » Definitions » Cyclically Adjusted FCF per Share

Philippine Racing Club (PHS:PRC) Cyclically Adjusted FCF per Share : ₱0.36 (As of Dec. 2024)


View and export this data going back to 1952. Start your Free Trial

What is Philippine Racing Club 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.

Philippine Racing Club's adjusted free cash flow per share for the three months ended in Dec. 2024 was ₱0.097. 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 ₱0.36 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Philippine Racing Club's average Cyclically Adjusted FCF Growth Rate was -18.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.30% 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 Philippine Racing Club was -2.00% per year. The lowest was -9.80% per year. And the median was -5.40% per year.

As of today (2025-05-23), Philippine Racing Club's current stock price is ₱5.55. Philippine Racing Club's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was ₱0.36. Philippine Racing Club's Cyclically Adjusted Price-to-FCF of today is 15.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Philippine Racing Club was 28.22. The lowest was 8.73. And the median was 14.26.


Philippine Racing Club Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Philippine Racing Club'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.

Philippine Racing Club Cyclically Adjusted FCF per Share Chart

Philippine Racing Club 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 0.52 0.49 0.48 0.44 0.36

Philippine Racing Club 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 0.44 0.45 0.45 0.37 0.36

Competitive Comparison of Philippine Racing Club's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Philippine Racing Club'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.


Philippine Racing Club's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Philippine Racing Club's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Philippine Racing Club's Cyclically Adjusted Price-to-FCF falls into.


;
;

Philippine Racing Club 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, Philippine Racing Club'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)
=0.097/133.1571*133.1571
=0.097

Current CPI (Dec. 2024) = 133.1571.

Philippine Racing Club Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.006 99.621 0.008
201506 -0.231 100.684 -0.306
201509 0.234 100.392 0.310
201512 -0.343 99.792 -0.458
201603 0.005 100.470 0.007
201606 -0.442 101.688 -0.579
201609 -0.153 101.861 -0.200
201612 0.543 101.863 0.710
201703 0.211 102.862 0.273
201706 -0.042 103.349 -0.054
201709 0.124 104.136 0.159
201712 0.612 104.011 0.783
201803 0.266 105.290 0.336
201806 -0.084 106.317 -0.105
201809 -0.150 106.507 -0.188
201812 1.771 105.998 2.225
201903 0.378 107.251 0.469
201906 -0.325 108.070 -0.400
201909 -0.232 108.329 -0.285
201912 0.164 108.420 0.201
202003 0.516 108.902 0.631
202006 -0.249 108.767 -0.305
202009 -0.070 109.815 -0.085
202012 0.357 109.897 0.433
202103 0.290 111.754 0.346
202106 -0.037 114.631 -0.043
202109 -0.030 115.734 -0.035
202112 0.168 117.630 0.190
202203 -0.038 121.301 -0.042
202206 0.620 125.017 0.660
202209 -0.216 125.227 -0.230
202212 -0.572 125.222 -0.608
202303 -0.267 127.348 -0.279
202306 0.280 128.729 0.290
202309 -0.001 129.860 -0.001
202312 -0.221 129.419 -0.227
202403 -0.045 131.776 -0.045
202406 -0.033 132.554 -0.033
202409 -0.048 133.029 -0.048
202412 0.097 133.157 0.097

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


Philippine Racing Club  (PHS:PRC) 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.

Philippine Racing Club's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.55/0.36
=15.42

* 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 Philippine Racing Club was 28.22. The lowest was 8.73. And the median was 14.26.


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.


Philippine Racing Club Cyclically Adjusted FCF per Share Related Terms

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


Philippine Racing Club Business Description

Industry
Traded in Other Exchanges
N/A
Address
Saddle and Clubs Leisure Park, Barangay Sabang, Cavite, Naic, PHL, 4110
Philippine Racing Club Inc is involved in the business of operating and maintaining a racetrack covered by its franchise and managing betting stations. It is also engaged in acquiring and developing real properties including but not limited to leisure, recreational, and memorial parks, and owning, operating, managing, and/or selling real estate. The company's reportable segment involves Real Estate Operations, Club Racing Operations, and Leasing and Sale of Food, beverages, and Services. It derives key revenue from the real estate sales activity.

Philippine Racing Club Headlines

No Headlines