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Parent Capital (Parent Capital) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Parent Capital Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Parent Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Parent Capital'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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Parent Capital Cyclically Adjusted Price-to-FCF Chart

Parent Capital Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
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Parent Capital Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Parent Capital's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Parent Capital'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.


Parent Capital's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Parent Capital 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.

Parent Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Parent Capital's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.001/125.4675*125.4675
=-0.001

Current CPI (Feb. 2024) = 125.4675.

Parent Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.188 99.394 -0.237
201408 -0.033 99.315 -0.042
201411 -0.150 99.078 -0.190
201502 -0.139 99.078 -0.176
201505 -0.097 100.263 -0.121
201508 -0.108 100.579 -0.135
201511 -0.056 100.421 -0.070
201602 -0.009 100.421 -0.011
201605 -0.003 101.765 -0.004
201608 -0.024 101.686 -0.030
201611 -0.152 101.607 -0.188
201702 0.017 102.476 0.021
201705 0.000 103.108 0.000
201708 0.022 103.108 0.027
201711 -0.002 103.740 -0.002
201802 -0.002 104.688 -0.002
201805 -0.002 105.399 -0.002
201808 -0.002 106.031 -0.002
201811 -0.001 105.478 -0.001
201902 -0.004 106.268 -0.005
201905 0.000 107.927 0.000
201908 0.000 108.085 0.000
201911 0.000 107.769 0.000
202002 0.001 108.559 0.001
202005 0.000 107.532 0.000
202008 0.000 108.243 0.000
202011 -0.019 108.796 -0.022
202102 -0.004 109.745 -0.005
202105 0.001 111.404 0.001
202108 0.000 112.668 0.000
202111 -0.001 113.932 -0.001
202202 -0.019 115.986 -0.021
202205 -0.004 120.016 -0.004
202208 -0.002 120.569 -0.002
202211 -0.002 121.675 -0.002
202302 -0.004 122.070 -0.004
202305 -0.002 124.045 -0.002
202308 -0.001 125.389 -0.001
202311 -0.001 125.468 -0.001
202402 -0.001 125.468 -0.001

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.


Parent Capital  (GREY:CEYFF) 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.


Parent Capital Cyclically Adjusted Price-to-FCF Related Terms

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


Parent Capital (Parent Capital) Business Description

Industry
Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN
Parent Capital Corp, formerly Century Energy Ltd is a public resource company engaged in the evaluation, acquisition, exploration, and development of resource properties. The company operates in one reportable segment, being the resource industry. Its assets are located in Canada.

Parent Capital (Parent Capital) Headlines

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