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Ion Exchange (India) (BOM:500214) Cyclically Adjusted Price-to-FCF : 83.25 (As of May. 15, 2024)


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What is Ion Exchange (India) Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Ion Exchange (India)'s current share price is ₹533.65. Ion Exchange (India)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was ₹6.41. Ion Exchange (India)'s Cyclically Adjusted Price-to-FCF for today is 83.25.

The historical rank and industry rank for Ion Exchange (India)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:500214' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.9   Med: 23.82   Max: 102.1
Current: 81.01

During the past 13 years, Ion Exchange (India)'s highest Cyclically Adjusted Price-to-FCF was 102.10. The lowest was 9.90. And the median was 23.82.

BOM:500214's Cyclically Adjusted Price-to-FCF is ranked worse than
76.6% of 1034 companies
in the Industrial Products industry
Industry Median: 33.7 vs BOM:500214: 81.01

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.

Ion Exchange (India)'s adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was ₹0.243. 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 ₹6.41 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ion Exchange (India) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ion Exchange (India)'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.

Ion Exchange (India) Cyclically Adjusted Price-to-FCF Chart

Ion Exchange (India) 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 10.31 14.41 23.83 26.55 53.19

Ion Exchange (India) Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.31 14.41 23.83 26.55 53.19

Competitive Comparison of Ion Exchange (India)'s Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, Ion Exchange (India)'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.


Ion Exchange (India)'s Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ion Exchange (India)'s Cyclically Adjusted Price-to-FCF falls into.



Ion Exchange (India) 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.

Ion Exchange (India)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=533.65/6.41
=83.25

* 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.

Ion Exchange (India)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Ion Exchange (India)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.243/146.8646*146.8646
=0.243

Current CPI (Mar23) = 146.8646.

Ion Exchange (India) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.148 91.425 -0.238
201503 1.948 97.163 2.944
201603 1.381 102.518 1.978
201703 11.387 105.196 15.897
201803 4.920 109.786 6.582
201903 8.294 118.202 10.305
202003 5.975 124.705 7.037
202103 14.095 131.771 15.710
202203 3.489 138.822 3.691
202303 0.243 146.865 0.243

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.


Ion Exchange (India)  (BOM:500214) 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.


Ion Exchange (India) Cyclically Adjusted Price-to-FCF Related Terms

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


Ion Exchange (India) (BOM:500214) Business Description

Traded in Other Exchanges
Address
Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011
Ion Exchange (India) Ltd is a water solution provider. The principal activities of the company consist of the construction and maintenance of water treatment plants, wastewater treatment, manufacturing resins, specialty chemicals for water, recycling, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination, etc. The company operates its business through the Engineering division, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. The company caters to both domestic and international markets.

Ion Exchange (India) (BOM:500214) Headlines

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