GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Panex Resources Inc (OTCPK:DBGF) » Definitions » Cyclically Adjusted Price-to-FCF

Panex Resources (Panex Resources) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Panex Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Panex Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Panex Resources'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.

Panex Resources Cyclically Adjusted Price-to-FCF Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
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 Panex Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Panex Resources'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.


Panex Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Panex Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Panex Resources 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.

Panex Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Aug. 2016 is calculated as:

For example, Panex Resources's adjusted Free Cash Flow per Share data for the three months ended in Aug. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug. 2016 (Change)*Current CPI (Aug. 2016)
=-0/101.6168*101.6168
=0.000

Current CPI (Aug. 2016) = 101.6168.

Panex Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200602 0.000 83.834 0.000
200605 -0.001 85.437 -0.001
200608 -0.022 86.028 -0.026
200611 -0.037 85.015 -0.044
200702 -0.016 85.858 -0.019
200705 -0.028 87.736 -0.032
200708 -0.021 87.722 -0.024
200808 0.000 92.435 0.000
200811 0.000 89.624 0.000
200902 0.000 89.527 0.000
200905 0.000 90.228 0.000
200908 0.000 91.063 0.000
200911 0.000 91.272 0.000
201002 0.000 91.445 0.000
201005 0.000 92.052 0.000
201008 0.000 92.108 0.000
201011 0.000 92.315 0.000
201102 -0.001 93.373 -0.001
201105 0.000 95.337 0.000
201108 0.000 95.582 0.000
201111 0.000 95.449 0.000
201202 0.000 96.053 0.000
201205 -0.002 96.961 -0.002
201208 -0.002 97.199 -0.002
201211 -0.001 97.133 -0.001
201302 0.000 97.953 0.000
201305 0.000 98.282 0.000
201308 0.000 98.675 0.000
201311 -0.002 98.334 -0.002
201402 -0.001 99.057 -0.001
201405 -0.001 100.373 -0.001
201408 0.000 100.352 0.000
201411 0.000 99.635 0.000
201502 0.000 99.032 0.000
201505 0.000 100.333 0.000
201508 0.000 100.548 0.000
201511 0.000 100.135 0.000
201602 0.000 100.040 0.000
201605 0.000 101.355 0.000
201608 0.000 101.617 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.


Panex Resources  (OTCPK:DBGF) 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.


Panex Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Panex Resources (Panex Resources) Business Description

Traded in Other Exchanges
N/A
Address
504A Casabianca, 17 Bd du Larvotto, Monte Carlo, MCO, 98000
Panex Resources Inc is a mineral exploration company in Africa. It is engaged in the acquisition and exploration of mineral properties. The company is an exploration stage company. Its exploration program will be designed to explore for commercially viable deposits of base and precious minerals such as gold, silver, lead, barium, mercury, copper and zinc minerals.

Panex Resources (Panex Resources) Headlines

No Headlines