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Birla Carbon (Thailand) PCL (BKK:BCT-F) Cyclically Adjusted Price-to-FCF : 16.42 (As of May. 17, 2024)


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What is Birla Carbon (Thailand) PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Birla Carbon (Thailand) PCL's current share price is ฿27.25. Birla Carbon (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿1.66. Birla Carbon (Thailand) PCL's Cyclically Adjusted Price-to-FCF for today is 16.42.

The historical rank and industry rank for Birla Carbon (Thailand) PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:BCT-F' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.41   Med: 13.3   Max: 20.32
Current: 20.31

During the past years, Birla Carbon (Thailand) PCL's highest Cyclically Adjusted Price-to-FCF was 20.32. The lowest was 9.41. And the median was 13.30.

BKK:BCT-F's Cyclically Adjusted Price-to-FCF is ranked better than
55.83% of 575 companies
in the Chemicals industry
Industry Median: 25.01 vs BKK:BCT-F: 20.31

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.

Birla Carbon (Thailand) PCL's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ฿-0.081. 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 ฿1.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Birla Carbon (Thailand) PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Birla Carbon (Thailand) PCL'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.

Birla Carbon (Thailand) PCL Cyclically Adjusted Price-to-FCF Chart

Birla Carbon (Thailand) PCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.88 10.32 11.86 12.22 14.96

Birla Carbon (Thailand) PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.32 14.96 13.97 15.67 16.37

Competitive Comparison of Birla Carbon (Thailand) PCL's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Birla Carbon (Thailand) PCL'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.


Birla Carbon (Thailand) PCL's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Birla Carbon (Thailand) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Birla Carbon (Thailand) PCL's Cyclically Adjusted Price-to-FCF falls into.



Birla Carbon (Thailand) PCL 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.

Birla Carbon (Thailand) PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.25/1.66
=16.42

* 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.

Birla Carbon (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Birla Carbon (Thailand) PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.081/129.4194*129.4194
=-0.081

Current CPI (Dec. 2023) = 129.4194.

Birla Carbon (Thailand) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.395 99.695 -1.811
201406 1.452 100.560 1.869
201409 1.157 100.428 1.491
201412 1.815 99.070 2.371
201503 1.137 99.621 1.477
201506 -1.422 100.684 -1.828
201509 1.290 100.392 1.663
201512 0.795 99.792 1.031
201603 0.851 100.470 1.096
201606 2.088 101.688 2.657
201609 0.358 101.861 0.455
201612 1.103 101.863 1.401
201703 0.080 102.862 0.101
201706 1.572 103.349 1.969
201709 -0.727 104.136 -0.904
201712 2.188 104.011 2.722
201803 2.035 105.290 2.501
201806 0.430 106.317 0.523
201809 1.811 106.507 2.201
201812 -0.787 105.998 -0.961
201903 2.001 107.251 2.415
201906 0.910 108.070 1.090
201909 0.002 108.329 0.002
201912 0.223 108.420 0.266
202003 4.035 108.902 4.795
202006 -0.566 108.767 -0.673
202009 0.404 109.815 0.476
202012 0.418 109.897 0.492
202103 0.987 111.754 1.143
202106 -1.283 114.631 -1.449
202109 -1.142 115.734 -1.277
202112 1.503 117.630 1.654
202203 2.071 121.301 2.210
202206 1.840 125.017 1.905
202209 -2.179 125.227 -2.252
202212 -2.406 125.222 -2.487
202303 4.337 127.348 4.408
202306 1.739 128.729 1.748
202309 -0.198 129.860 -0.197
202312 -0.081 129.419 -0.081

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.


Birla Carbon (Thailand) PCL  (BKK:BCT-F) 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.


Birla Carbon (Thailand) PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Birla Carbon (Thailand) PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Birla Carbon (Thailand) PCL (BKK:BCT-F) Business Description

Traded in Other Exchanges
Address
Ploenchit Road, 888/122, 888/128 Mahatun Plaza Building, 16th Floor, Lumpini, Patumwan, Bangkok, THA, 10330
Birla Carbon (Thailand) PCL through its subsidiaries operates as a manufacturer and supplier of carbon black additives for distribution to international markets. Carbon black is the flagship business of the Aditya Birla Group. Its product offering categories include Rubber Products, Rubber - Birla Carbon 3000 Series, Specialty Products, Specialty Post-Treated Products, and Form Letters. Geographically, it derives a majority of revenue from Thailand and also has a presence in Japan, Indonesia, Vietnam, Malaysia, and Other countries. The company serves Tires, Specialty Blacks and Mechanical Rubber Goods market.

Birla Carbon (Thailand) PCL (BKK:BCT-F) Headlines

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