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Central Pattana PCL (BKK:CPN-R) Cyclically Adjusted Price-to-FCF : 15.51 (As of May. 20, 2024)


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What is Central Pattana PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Central Pattana PCL's current share price is ฿65.75. Central Pattana PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿4.24. Central Pattana PCL's Cyclically Adjusted Price-to-FCF for today is 15.51.

The historical rank and industry rank for Central Pattana PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:CPN-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.79   Med: 18.35   Max: 42.2
Current: 15.46

During the past years, Central Pattana PCL's highest Cyclically Adjusted Price-to-FCF was 42.20. The lowest was 12.79. And the median was 18.35.

BKK:CPN-R's Cyclically Adjusted Price-to-FCF is ranked worse than
58.36% of 694 companies
in the Real Estate industry
Industry Median: 12.76 vs BKK:CPN-R: 15.46

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.

Central Pattana PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿1.421. 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 ฿4.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Pattana PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Central Pattana 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.

Central Pattana PCL Cyclically Adjusted Price-to-FCF Chart

Central Pattana PCL 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 21.64 15.32 16.97 19.50 17.83

Central Pattana PCL 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 18.33 17.06 16.15 17.83 15.52

Competitive Comparison of Central Pattana PCL's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, Central Pattana 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.


Central Pattana PCL's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central Pattana PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Central Pattana PCL's Cyclically Adjusted Price-to-FCF falls into.



Central Pattana 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.

Central Pattana PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=65.75/4.24
=15.51

* 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.

Central Pattana PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Central Pattana PCL'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)
=1.421/131.7762*131.7762
=1.421

Current CPI (Mar. 2024) = 131.7762.

Central Pattana PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.462 100.560 3.226
201409 0.483 100.428 0.634
201412 0.962 99.070 1.280
201503 0.711 99.621 0.940
201506 0.474 100.684 0.620
201509 0.688 100.392 0.903
201512 1.004 99.792 1.326
201603 0.793 100.470 1.040
201606 0.481 101.688 0.623
201609 0.727 101.861 0.941
201612 1.104 101.863 1.428
201703 0.991 102.862 1.270
201706 0.072 103.349 0.092
201709 1.004 104.136 1.270
201712 3.423 104.011 4.337
201803 0.699 105.290 0.875
201806 0.388 106.317 0.481
201809 0.840 106.507 1.039
201812 0.954 105.998 1.186
201903 0.373 107.251 0.458
201906 0.671 108.070 0.818
201909 0.466 108.329 0.567
201912 1.518 108.420 1.845
202003 0.780 108.902 0.944
202006 -0.272 108.767 -0.330
202009 0.347 109.815 0.416
202012 0.784 109.897 0.940
202103 0.539 111.754 0.636
202106 0.239 114.631 0.275
202109 0.074 115.734 0.084
202112 0.775 117.630 0.868
202203 0.910 121.301 0.989
202206 0.917 125.017 0.967
202209 0.753 125.227 0.792
202212 0.822 125.222 0.865
202303 0.990 127.348 1.024
202306 1.043 128.729 1.068
202309 1.208 129.860 1.226
202312 1.191 129.419 1.213
202403 1.421 131.776 1.421

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.


Central Pattana PCL  (BKK:CPN-R) 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.


Central Pattana PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Central Pattana PCL (BKK:CPN-R) Business Description

Industry
Traded in Other Exchanges
Address
999/9 Rama I Road, 31-33 Floor, The Offices at Central World, Patumwan District, Patumwan Sub-District, Bangkok, THA, 10330
Central Pattana PCL develops and manages large-scale shopping complexes, office buildings, and hotels. The company segment includes Development of shopping center buildings, office building and condominiums for rent including provision of utility services, operator of play land and water theme park in the shopping center buildings; Food center services in the shopping centers; Hotel business and Real estate business for sales of land and houses and condominium units.

Central Pattana PCL (BKK:CPN-R) Headlines

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