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LB Group Co (SZSE:002601) Cyclically Adjusted FCF per Share : ¥0.20 (As of Mar. 2024)


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What is LB Group Co 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.

LB Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.059. 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 ¥0.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LB Group Co's average Cyclically Adjusted FCF Growth Rate was 400.00% 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.

As of today (2024-06-06), LB Group Co's current stock price is ¥21.31. LB Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.20. LB Group Co's Cyclically Adjusted Price-to-FCF of today is 106.55.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LB Group Co was 1429.50. The lowest was 93.00. And the median was 267.29.


LB Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for LB Group 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.

LB Group Co Cyclically Adjusted FCF per Share Chart

LB Group 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 -0.20 -0.09 0.02 0.04 0.17

LB Group 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 0.04 0.07 0.11 0.17 0.20

Competitive Comparison of LB Group Co's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, LB Group 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.


LB Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LB Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



LB Group 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, LB Group 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)
=-0.059/115.2271*115.2271
=-0.059

Current CPI (Mar. 2024) = 115.2271.

LB Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.085 98.200 -0.100
201409 -0.377 98.900 -0.439
201412 -0.042 99.000 -0.049
201503 -0.577 99.900 -0.666
201506 -0.053 99.500 -0.061
201509 -0.389 100.500 -0.446
201512 -0.302 100.600 -0.346
201603 -0.252 102.200 -0.284
201606 -0.223 101.400 -0.253
201609 -0.351 102.400 -0.395
201612 0.762 102.600 0.856
201703 0.017 103.200 0.019
201706 0.326 103.100 0.364
201709 0.203 104.100 0.225
201712 0.538 104.500 0.593
201803 -0.292 105.300 -0.320
201806 0.489 104.900 0.537
201809 0.265 106.600 0.286
201812 0.360 106.500 0.390
201903 0.242 107.700 0.259
201906 0.079 107.700 0.085
201909 -0.091 109.800 -0.095
201912 0.265 111.200 0.275
202003 0.208 112.300 0.213
202006 0.149 110.400 0.156
202009 -0.143 111.700 -0.148
202012 0.864 111.500 0.893
202103 0.428 112.662 0.438
202106 -0.010 111.769 -0.010
202109 0.265 112.215 0.272
202112 0.081 113.108 0.083
202203 -0.177 114.335 -0.178
202206 0.342 114.558 0.344
202209 -0.134 115.339 -0.134
202212 -0.541 115.116 -0.542
202303 -0.367 115.116 -0.367
202306 -0.072 114.558 -0.072
202309 0.395 115.339 0.395
202312 0.251 114.781 0.252
202403 -0.059 115.227 -0.059

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


LB Group Co  (SZSE:002601) 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.

LB Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.31/0.2
=106.55

* 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 LB Group Co was 1429.50. The lowest was 93.00. And the median was 267.29.


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.


LB Group Co Cyclically Adjusted FCF per Share Related Terms

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


LB Group Co (SZSE:002601) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fengfeng Office, Zhongzhan District, Henan Province, Jiaozuo, CHN, 454191
LB Group Co Ltd is a inorganic chemical enterprise concentrated on the development and manufacture of titanium and zirconium fine powder material. The company markets in the western industrial areas of China.
Executives
Yang Min Le Director
Chang Yi Li Director
Zhang Hai Tao Directors, executives
Xu Gang Director
Chen Jian Li Executives
Zhang Gang Supervisors
Shen Qing Fei Directors, executives
He Ben Liu Directors, executives
Wu Peng Sen Executives
Tan Rui Qing Director
Zhang Qi Bin Director
Fan Xian Guo Directors, executives
Zhao Yong Jun Supervisors
Feng Jun Supervisors
Jin San Liang Executives

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