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PJSC Lukoil (BUE:LKOD LI) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is PJSC Lukoil Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PJSC Lukoil Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PJSC Lukoil'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.

PJSC Lukoil Cyclically Adjusted Price-to-FCF Chart

PJSC Lukoil Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 13.63 11.04 - -

PJSC Lukoil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of PJSC Lukoil's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, PJSC Lukoil'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.


PJSC Lukoil's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PJSC Lukoil's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PJSC Lukoil 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.

PJSC Lukoil's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, PJSC Lukoil's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0/242.6000*242.6000
=0.000

Current CPI (Sep. 2023) = 242.6000.

PJSC Lukoil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -32.079 124.900 -62.309
201403 7.358 127.800 13.968
201406 6.586 130.900 12.206
201409 33.777 132.700 61.751
201412 29.367 139.000 51.255
201503 52.524 149.400 85.290
201506 15.155 150.900 24.364
201509 73.310 153.500 115.863
201512 75.813 157.000 117.148
201603 44.086 160.200 66.762
201606 70.048 162.200 104.770
201609 138.680 163.300 206.024
201612 80.534 165.400 118.123
201703 2.120 167.000 3.080
201706 127.335 169.200 182.574
201709 154.577 168.200 222.951
201712 136.130 169.600 194.724
201803 91.063 171.000 129.192
201806 306.413 173.100 429.438
201809 498.844 173.900 695.915
201812 641.243 176.800 879.896
201903 490.223 179.900 661.079
201906 660.354 181.200 884.116
201909 885.908 180.800 1,188.724
201912 1,026.467 182.200 1,366.745
202003 257.525 184.500 338.621
202006 152.984 187.000 198.470
202009 636.190 187.400 823.584
202012 496.052 191.100 629.734
202103 1,190.160 195.200 1,479.164
202106 0.000 199.100 0.000
202109 0.000 201.300 0.000
202112 0.000 207.200 0.000
202203 0.000 227.800 0.000
202206 0.000 230.800 0.000
202209 0.000 228.800 0.000
202212 0.000 231.900 0.000
202303 0.000 235.800 0.000
202306 0.000 238.300 0.000
202309 0.000 242.600 0.000

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.


PJSC Lukoil  (BUE:LKOD LI) 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.


PJSC Lukoil Cyclically Adjusted Price-to-FCF Related Terms

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PJSC Lukoil (BUE:LKOD LI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PJSC Lukoil (BUE:LKOD LI) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
11, Sretensky Boulevard, Moscow, RUS, 101000
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.

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