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Gazprom PJSC (BUE:OGZD LI) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Gazprom PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gazprom PJSC'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.

Gazprom PJSC Cyclically Adjusted Price-to-FCF Chart

Gazprom PJSC 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 - - 15.95 18.78 -

Gazprom PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
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 23.53 18.78 - - -

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

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


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

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

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



Gazprom PJSC 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/238.3000*238.3000
=0.000

Current CPI (Jun. 2023) = 238.3000.

Gazprom PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 117.300 0.000
201303 0.819 119.500 1.633
201306 0.000 121.400 0.000
201309 0.000 122.800 0.000
201312 0.000 124.900 0.000
201403 2.811 127.800 5.241
201406 0.792 130.900 1.442
201409 0.044 132.700 0.079
201412 1.863 139.000 3.194
201503 1.679 149.400 2.678
201506 -0.366 150.900 -0.578
201509 0.183 153.500 0.284
201512 1.230 157.000 1.867
201603 2.227 160.200 3.313
201606 -0.279 162.200 -0.410
201609 -1.074 163.300 -1.567
201612 1.122 165.400 1.617
201703 -2.693 167.000 -3.843
201706 0.140 169.200 0.197
201709 -2.330 168.200 -3.301
201712 2.345 169.600 3.295
201803 0.417 171.000 0.581
201806 2.338 173.100 3.219
201809 1.992 173.900 2.730
201812 -6.303 176.800 -8.496
201903 6.642 179.900 8.798
201906 7.199 181.200 9.468
201909 -2.208 180.800 -2.910
201912 -19.404 182.200 -25.379
202003 5.628 184.500 7.269
202006 -5.428 187.000 -6.917
202009 4.749 187.400 6.039
202012 10.965 191.100 13.673
202103 11.454 195.200 13.983
202106 8.303 199.100 9.938
202109 6.109 201.300 7.232
202112 34.265 207.200 39.408
202206 0.000 230.800 0.000
202212 0.000 231.900 0.000
202306 0.000 238.300 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.


Gazprom PJSC  (BUE:OGZD 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.


Gazprom PJSC Cyclically Adjusted Price-to-FCF Related Terms

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


Gazprom PJSC (BUE:OGZD LI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gazprom PJSC (BUE:OGZD LI) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.

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