GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Zhejiang Chemsyn Pharm Co Ltd (BJSE:870656) » Definitions » Cyclically Adjusted Price-to-FCF

Zhejiang Chemsyn Pharm Co (BJSE:870656) Cyclically Adjusted Price-to-FCF : 22.03 (As of Jun. 20, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Zhejiang Chemsyn Pharm Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Zhejiang Chemsyn Pharm Co's current share price is ¥13.44. Zhejiang Chemsyn Pharm Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.61. Zhejiang Chemsyn Pharm Co's Cyclically Adjusted Price-to-FCF for today is 22.03.

The historical rank and industry rank for Zhejiang Chemsyn Pharm Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BJSE:870656' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.71   Med: 25.82   Max: 32.62
Current: 22.71

During the past 10 years, Zhejiang Chemsyn Pharm Co's highest Cyclically Adjusted Price-to-FCF was 32.62. The lowest was 22.71. And the median was 25.82.

BJSE:870656's Cyclically Adjusted Price-to-FCF is ranked worse than
84.62% of 13 companies
in the Healthcare Plans industry
Industry Median: 14.85 vs BJSE:870656: 22.71

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.

Zhejiang Chemsyn Pharm Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.529. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥0.61 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Chemsyn Pharm Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Chemsyn Pharm Co's Cyclically Adjusted Price-to-FCF 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.

Zhejiang Chemsyn Pharm Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Chemsyn Pharm Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Zhejiang Chemsyn Pharm Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - - - - -

Competitive Comparison of Zhejiang Chemsyn Pharm Co's Cyclically Adjusted Price-to-FCF

For the Healthcare Plans subindustry, Zhejiang Chemsyn Pharm 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.


Zhejiang Chemsyn Pharm Co's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Zhejiang Chemsyn Pharm Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Chemsyn Pharm Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Chemsyn Pharm Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Zhejiang Chemsyn Pharm Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.44/0.61
=22.03

* 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.

Zhejiang Chemsyn Pharm Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Zhejiang Chemsyn Pharm Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.529/114.7809*114.7809
=0.529

Current CPI (Dec23) = 114.7809.

Zhejiang Chemsyn Pharm Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.000 0.000
201512 0.073 100.600 0.083
201612 0.005 102.600 0.006
201712 -0.015 104.500 -0.016
201812 0.055 106.500 0.059
201912 0.363 111.200 0.375
202012 1.608 111.500 1.655
202112 1.718 113.108 1.743
202212 1.038 115.116 1.035
202312 0.529 114.781 0.529

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


Zhejiang Chemsyn Pharm Co  (BJSE:870656) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Zhejiang Chemsyn Pharm Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Zhejiang Chemsyn Pharm Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Chemsyn Pharm Co (BJSE:870656) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Huayang Road, No. 36, High-tech Industrial Park, Zhejiang Province, Quzhou City, CHN
Zhejiang Chemsyn Pharm Co Ltd is engaged in research& development, production and sales of veterinary raw materials, pharmaceutical raw materials and intermediates. Its products category includes API, Sulfa API, Intermediates. It also includes N-Acetylsulfanilyl Chloride, Sulfanilamide, Sulfachloropyridazine Sodium, Sulfachloropyrazine Sodium.

Zhejiang Chemsyn Pharm Co (BJSE:870656) Headlines

No Headlines