Road Biology Environmental Protection Technology Co (SHSE:688156) Cyclically Adjusted FCF per Share: ¥-1.02 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688156 Road Biology Environmental Protection Technology Co Ltd SHSE:688156
78 GF Score
Price ¥19.22
GF Value ¥25.85
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Road Biology Environmental Protection Technology Co Cyclically Adjusted FCF per Share?

Road Biology Environmental Protection Technology Co SHSE:688156 -7.19% 78 Cyclically Adjusted FCF per Share is ¥-1.02 as of Jun. 2026. GuruFocus rates SHSE:688156 with a GF Score™ of 78/100 and a GF Value™ of ¥25.85 (Modestly Undervalued). The stock has 8 warning signs investors should review.

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.

Road Biology Environmental Protection Technology Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was ¥0.060. 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 ¥-1.02 for the trailing ten years ended in Jun. 2026.

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 (2026-08-19), Road Biology Environmental Protection Technology Co's current stock price is ¥19.22. Road Biology Environmental Protection Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ¥-1.02. Road Biology Environmental Protection Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Road Biology Environmental Protection Technology Co  (SHSE:688156) 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.


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.


Road Biology Environmental Protection Technology Co Cyclically Adjusted FCF per Share Related Terms


Road Biology Environmental Protection Technology Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Road Biology Environmental Protection Technology 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.

Road Biology Environmental Protection Technology Co Cyclically Adjusted FCF per Share Chart

Road Biology Environmental Protection Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -1.02

Road Biology Environmental Protection Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 -0.99 -1.02 -1.04 -1.02

SHSE:688156 vs AWK, WTRG, AWR: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Water subindustry, Road Biology Environmental Protection Technology 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.


Road Biology Environmental Protection Technology Co Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Road Biology Environmental Protection Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Road Biology Environmental Protection Technology Co's Cyclically Adjusted Price-to-FCF falls into.


SHSE:688156
78GF Score
Road Biology Environmental Protection Technology Co Ltd SHSE:688156
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Road Biology Environmental Protection Technology 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, Road Biology Environmental Protection Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.06/116.0564*116.0564
=0.060

Current CPI (Jun. 2026) = 116.0564.

Road Biology Environmental Protection Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.107 99.500 -0.125
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201612 0.000 102.600 0.000
201703 0.087 103.200 0.098
201706 0.604 103.100 0.680
201712 0.000 104.500 0.000
201803 -0.131 105.300 -0.144
201806 0.161 104.900 0.178
201812 0.000 106.500 0.000
201903 -0.627 107.700 -0.676
201906 0.303 107.700 0.327
201909 -0.531 109.800 -0.561
201912 0.515 111.200 0.537
202003 0.057 112.300 0.059
202006 0.136 110.400 0.143
202009 -0.111 111.700 -0.115
202012 0.061 111.500 0.063
202103 -0.150 112.662 -0.155
202106 0.083 111.769 0.086
202109 -0.142 112.215 -0.147
202112 0.048 113.108 0.049
202203 0.015 114.335 0.015
202206 -0.222 114.558 -0.225
202209 -0.359 115.339 -0.361
202212 -1.026 115.116 -1.034
202303 -0.520 115.116 -0.524
202306 -0.688 114.558 -0.697
202309 -0.892 115.339 -0.898
202312 -1.316 114.781 -1.331
202403 -1.147 115.227 -1.155
202406 -0.422 114.781 -0.427
202409 -0.435 115.785 -0.436
202412 -0.440 114.893 -0.444
202503 -0.394 115.116 -0.397
202506 -0.362 114.907 -0.366
202509 -0.123 115.471 -0.124
202512 -0.436 115.832 -0.437
202603 -0.431 116.303 -0.430
202606 0.060 116.056 0.060

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

What does a Cyclically Adjusted FCF per Share of ¥-1.02 mean?
Road Biology Environmental Protection Technology Co (SHSE:688156) has a Cyclically Adjusted FCF per Share of ¥-1.02 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Road Biology Environmental Protection Technology Co and its competitors.
Is Road Biology Environmental Protection Technology Co's Cyclically Adjusted FCF per Share too high?
Road Biology Environmental Protection Technology Co's current Cyclically Adjusted FCF per Share is ¥-1.02. Overall, Road Biology Environmental Protection Technology Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Road Biology Environmental Protection Technology Co's Cyclically Adjusted FCF per Share compare to AWK and WTRG?
Road Biology Environmental Protection Technology Co's Cyclically Adjusted FCF per Share of ¥-1.02 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Utilities - Regulated company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Road Biology Environmental Protection Technology Co and its competitors. Road Biology Environmental Protection Technology Co's current Cyclically Adjusted FCF per Share is ¥-1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Road Biology Environmental Protection Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Road Biology Environmental Protection Technology Co (SHSE:688156) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.85, compared to a current price of ¥19.22 — trading 25.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥-1.02. Road Biology Environmental Protection Technology Co's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Road Biology Environmental Protection Technology Co (SHSE:688156), the current Cyclically Adjusted FCF per Share is ¥-1.02 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Road Biology Environmental Protection Technology Co (SHSE:688156) Overvalued in 2026?

Based on GuruFocus' analysis, Road Biology Environmental Protection Technology Co stock appears to be undervalued. The current stock price of ¥19.22 is trading 25.6% below its estimated GF Value™ of ¥25.85. GuruFocus considers Road Biology Environmental Protection Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688156:

  • Cyclically Adjusted FCF per Share: ¥-1.02
  • GF Value™: ¥25.85 vs. price of ¥19.22 (25.6% below fair value)
  • GF Score™: 78/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Road Biology Environmental Protection Technology Co Business Description

Address No. 51, Jiulonghu Street, East Lake New Technology Development Zone, Future Science and Technology City, Hubei Province, Wuhan, CHN, 430075
Road Biology Environmental Protection Technology Co Ltd formerly Road Environment Technology Co Ltd is engaged in research and development and industrial application in the field of high water-containing waste. The company engages in treatment and utilization of high water-containing wastes such as river and lake sludge, engineering mud, industrial slag; construction of water conservancy and hydropower projects; and environmental protection.
78GF Score

Get the complete analysis for SHSE:688156

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥19.22
Price
¥25.85
GF Value