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Beekay Steel Industries (BOM:539018) Cyclically Adjusted Price-to-FCF : 46.48 (As of Jun. 23, 2024)


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What is Beekay Steel Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-06-23), Beekay Steel Industries's current share price is ₹767.80. Beekay Steel Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹16.52. Beekay Steel Industries's Cyclically Adjusted Price-to-FCF for today is 46.48.

The historical rank and industry rank for Beekay Steel Industries's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:539018' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.95   Med: 25.51   Max: 46.48
Current: 46.48

During the past 11 years, Beekay Steel Industries's highest Cyclically Adjusted Price-to-FCF was 46.48. The lowest was 23.95. And the median was 25.51.

BOM:539018's Cyclically Adjusted Price-to-FCF is ranked worse than
80.75% of 265 companies
in the Steel industry
Industry Median: 13.14 vs BOM:539018: 46.48

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.

Beekay Steel Industries's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹-15.056. 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 ₹16.52 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beekay Steel Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beekay Steel Industries'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.

Beekay Steel Industries Cyclically Adjusted Price-to-FCF Chart

Beekay Steel Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 23.95 34.10

Beekay Steel Industries 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 23.95 - - - 34.10

Competitive Comparison of Beekay Steel Industries's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Beekay Steel Industries'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.


Beekay Steel Industries's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Beekay Steel Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beekay Steel Industries's Cyclically Adjusted Price-to-FCF falls into.



Beekay Steel Industries 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.

Beekay Steel Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=767.80/16.52
=46.48

* 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.

Beekay Steel Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Beekay Steel Industries's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=-15.056/153.0345*153.0345
=-15.056

Current CPI (Mar24) = 153.0345.

Beekay Steel Industries Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 9.727 97.163 15.320
201603 17.069 102.518 25.480
201703 13.664 105.196 19.878
201803 16.822 109.786 23.449
201903 10.814 118.202 14.001
202003 28.965 124.705 35.545
202103 41.131 131.771 47.768
202203 -61.175 138.822 -67.438
202303 63.574 146.865 66.245
202403 -15.056 153.035 -15.056

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.


Beekay Steel Industries  (BOM:539018) 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.


Beekay Steel Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Beekay Steel Industries (BOM:539018) Business Description

Traded in Other Exchanges
N/A
Address
2/1A, Sarat Bose Road, Lansdowne Towers, 4th Floor, Kolkata, WB, IND, 700020
Beekay Steel Industries Ltd is engaged in the business of producing steel products. It operates in the business segment of Rolling of iron and steel. Its products include Sections including flats, rounds, squares, RCS, hexagonals, octagonals, and trapezium; Bright Bars including flats, rounds, squares, and hexagonals; Structurals including angles, channels, i-beams, and h-beams; TMT bars; and coil springs. The company derives revenues from the sale of manufactured goods, traded goods and related services.

Beekay Steel Industries (BOM:539018) Headlines

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