Akshar Spintex (BOM:541303) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)

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What is Akshar Spintex Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation

Akshar Spintex Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Akshar Spintex'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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Akshar Spintex Cyclically Adjusted Price-to-FCF Chart

Akshar Spintex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cyclically Adjusted Price-to-FCF

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Akshar Spintex Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cyclically Adjusted Price-to-FCF	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Akshar Spintex's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Akshar Spintex'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.

Akshar Spintex's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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

Akshar Spintex 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.

Akshar Spintex's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Akshar Spintex'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)
	=	0.005	/	153.0345	*	153.0345
	=	0.005

Current CPI (Mar24) = 153.0345.

Akshar Spintex Annual Data

	Free Cash Flow per Share	CPI	Adj_FreeCashFlowPerShare
201503	-1.221	97.163	-1.923
201603	-0.021	102.518	-0.031
201703	0.149	105.196	0.217
201803	0.226	109.786	0.315
201903	0.119	118.202	0.154
202003	0.100	124.705	0.123
202103	0.188	131.771	0.218
202203	0.051	138.822	0.056
202303	0.313	146.865	0.326
202403	0.005	153.035	0.005

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.

Akshar Spintex (BOM:541303) 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.

Akshar Spintex Cyclically Adjusted Price-to-FCF Related Terms

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Akshar Spintex (BOM:541303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Akshar Spintex Ltd (BOM:541303) » Definitions » Cyclically Adjusted Price-to-FCF

Traded in Other Exchanges

AKSHAR:India

Address

150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005

Website

http://www.aksharspintex.in

Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others.

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