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Bangkok Commercial Property Fund (BKK:BKKCP) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Bangkok Commercial Property Fund Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Commercial Property Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bangkok Commercial Property Fund'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.

Bangkok Commercial Property Fund Cyclically Adjusted Price-to-FCF Chart

Bangkok Commercial Property Fund 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 18.48 16.04 14.78 12.71 11.42

Bangkok Commercial Property Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 12.94 12.43 12.04 11.42 -

Competitive Comparison of Bangkok Commercial Property Fund's Cyclically Adjusted Price-to-FCF

For the REIT - Office subindustry, Bangkok Commercial Property Fund'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.


Bangkok Commercial Property Fund's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bangkok Commercial Property Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bangkok Commercial Property Fund's Cyclically Adjusted Price-to-FCF falls into.



Bangkok Commercial Property Fund 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.

Bangkok Commercial Property Fund's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bangkok Commercial Property Fund'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)
=0.221/131.7762*131.7762
=0.221

Current CPI (Mar. 2024) = 131.7762.

Bangkok Commercial Property Fund Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.205 100.560 0.269
201409 0.075 100.428 0.098
201412 0.106 99.070 0.141
201503 0.178 99.621 0.235
201506 0.163 100.684 0.213
201509 0.124 100.392 0.163
201512 0.196 99.792 0.259
201603 0.127 100.470 0.167
201606 0.146 101.688 0.189
201609 0.176 101.861 0.228
201612 0.235 101.863 0.304
201703 0.132 102.862 0.169
201706 0.136 103.349 0.173
201709 0.201 104.136 0.254
201712 0.156 104.011 0.198
201803 0.164 105.290 0.205
201806 0.142 106.317 0.176
201809 0.270 106.507 0.334
201812 0.184 105.998 0.229
201903 0.166 107.251 0.204
201906 0.259 108.070 0.316
201909 0.198 108.329 0.241
201912 0.244 108.420 0.297
202003 0.107 108.902 0.129
202006 0.233 108.767 0.282
202009 0.177 109.815 0.212
202012 0.180 109.897 0.216
202103 0.229 111.754 0.270
202106 0.143 114.631 0.164
202109 0.159 115.734 0.181
202112 0.152 117.630 0.170
202203 0.125 121.301 0.136
202206 0.138 125.017 0.145
202209 0.456 125.227 0.480
202212 0.098 125.222 0.103
202303 0.188 127.348 0.195
202306 0.198 128.729 0.203
202309 0.117 129.860 0.119
202312 0.164 129.419 0.167
202403 0.221 131.776 0.221

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.


Bangkok Commercial Property Fund  (BKK:BKKCP) 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.


Bangkok Commercial Property Fund Cyclically Adjusted Price-to-FCF Related Terms

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Bangkok Commercial Property Fund (BKK:BKKCP) Business Description

Traded in Other Exchanges
N/A
Address
9 Rama 1 Road, 989 Siam Piwat Tower, 24th Floor, Patumwan, Bangkok, THA, 10330
Bangkok Commercial Property Fund is a closed-end fund investing in property and property lease rights. The primary objective of the fund is to maintain an appropriate capital structure in order to provide returns for unitholders in accordance with the fund's establishment objective. The company invests in properties such as office suites and commercial apartments in Charn Issara Tower and Charn Issara Tower II. Geographically it operates through the region of Thailand.

Bangkok Commercial Property Fund (BKK:BKKCP) Headlines

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