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Prajay Engineers Syndicate (BOM:531746) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is Prajay Engineers Syndicate Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prajay Engineers Syndicate Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Prajay Engineers Syndicate'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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Prajay Engineers Syndicate Cyclically Adjusted Price-to-FCF Chart

Prajay Engineers Syndicate Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Prajay Engineers Syndicate Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Prajay Engineers Syndicate's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Prajay Engineers Syndicate'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.


Prajay Engineers Syndicate's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prajay Engineers Syndicate's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Prajay Engineers Syndicate's Cyclically Adjusted Price-to-FCF falls into.



Prajay Engineers Syndicate 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.

Prajay Engineers Syndicate's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Prajay Engineers Syndicate'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)
=0.928/146.8646*146.8646
=0.928

Current CPI (Mar23) = 146.8646.

Prajay Engineers Syndicate Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -3.199 91.425 -5.139
201503 -15.831 97.163 -23.929
201603 5.079 102.518 7.276
201703 5.271 105.196 7.359
201803 1.761 109.786 2.356
201903 2.623 118.202 3.259
202003 1.220 124.705 1.437
202103 0.085 131.771 0.095
202203 -0.107 138.822 -0.113
202303 0.928 146.865 0.928

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.


Prajay Engineers Syndicate  (BOM:531746) 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.


Prajay Engineers Syndicate Cyclically Adjusted Price-to-FCF Related Terms

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Prajay Engineers Syndicate (BOM:531746) Business Description

Traded in Other Exchanges
Address
Prajay Corporate House, 1-10-63 and 64, 5th Floor, Chikoti Gardens, Begumpet, Hyderabad, TG, IND, 500016
Prajay Engineers Syndicate Ltd is a real estate company. Its operating segment includes the Real estate segment and Hospitality Hotels and Resorts. It generates maximum revenue from the Real estate segment which is into development, sale, management, and operation of all or any part of townships, housing projects as well as leasing of self-owned commercial premises. The hotels and Resorts Segment (HR) is into upkeep and maintenance of Hotels, Restaurants, and Resorts. Geographically, it operates only in India.

Prajay Engineers Syndicate (BOM:531746) Headlines

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