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Safal Securities (BOM:531448) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Safal Securities Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Safal Securities Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Safal Securities'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.

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Safal Securities Cyclically Adjusted Price-to-FCF Chart

Safal Securities Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cyclically Adjusted Price-to-FCF
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Safal Securities Semi-Annual Data
Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
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Competitive Comparison of Safal Securities's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Safal Securities'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.


Safal Securities's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Safal Securities's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Safal Securities's Cyclically Adjusted Price-to-FCF falls into.



Safal Securities 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.

Safal Securities's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar20 is calculated as:

For example, Safal Securities's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar20 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar20 (Change)*Current CPI (Mar20)
=-0.002/124.7051*124.7051
=-0.002

Current CPI (Mar20) = 124.7051.

Safal Securities Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201103 0.029 70.768 0.051
201203 0.722 76.889 1.171
201303 0.198 85.687 0.288
201403 -7.304 91.425 -9.963
201503 0.112 97.163 0.144
201603 -0.192 102.518 -0.234
201703 -0.051 105.196 -0.060
201803 -0.096 109.786 -0.109
201903 -0.001 118.202 -0.001
202003 -0.002 124.705 -0.002

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.


Safal Securities  (BOM:531448) 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.


Safal Securities Cyclically Adjusted Price-to-FCF Related Terms

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Safal Securities (BOM:531448) Business Description

Traded in Other Exchanges
N/A
Address
9, Ankur Complex, Behind Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Safal Securities Ltd is an Indian based financial service company. The company offers security trading services and related activities.

Safal Securities (BOM:531448) Headlines

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