GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Delta Oil & Gas Inc (GREY:DLTA) » Definitions » Cyclically Adjusted Price-to-FCF

Delta Oil & Gas (Delta Oil & Gas) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Delta Oil & Gas Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Oil & Gas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Delta Oil & Gas'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.

Delta Oil & Gas Cyclically Adjusted Price-to-FCF Chart

Delta Oil & Gas Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Delta Oil & Gas Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 Delta Oil & Gas's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Delta Oil & Gas'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.


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

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

* The bar in red indicates where Delta Oil & Gas's Cyclically Adjusted Price-to-FCF falls into.



Delta Oil & Gas 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.

Delta Oil & Gas's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Delta Oil & Gas's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2014 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=0/99.3943*99.3943
=0.000

Current CPI (Sep. 2014) = 99.3943.

Delta Oil & Gas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200412 -0.005 83.276 -0.006
200503 -0.122 83.987 -0.144
200506 -0.031 84.461 -0.036
200509 -0.056 85.647 -0.065
200512 -0.046 85.015 -0.054
200603 -0.087 85.805 -0.101
200606 -0.067 86.516 -0.077
200609 -0.057 86.279 -0.066
200612 -0.045 86.437 -0.052
200703 -0.027 87.780 -0.031
200706 -0.044 88.412 -0.049
200709 -0.050 88.412 -0.056
200712 0.111 88.491 0.125
200803 0.022 88.965 0.025
200806 0.009 91.177 0.010
200809 0.005 91.414 0.005
200812 0.011 89.518 0.012
200903 -0.007 90.071 -0.008
200906 -0.004 90.940 -0.004
200909 -0.015 90.624 -0.016
200912 0.001 90.703 0.001
201003 0.006 91.335 0.007
201006 0.003 91.809 0.003
201009 -0.003 92.362 -0.003
201012 0.002 92.836 0.002
201103 0.006 94.338 0.006
201106 0.013 94.654 0.014
201109 0.033 95.286 0.034
201112 -0.017 94.970 -0.018
201203 -0.016 96.155 -0.017
201206 0.000 96.076 0.000
201209 -0.019 96.392 -0.020
201212 -0.003 95.760 -0.003
201303 0.000 97.103 0.000
201306 -0.001 97.182 -0.001
201309 0.000 97.419 0.000
201312 -0.013 96.945 -0.013
201403 -0.009 98.604 -0.009
201406 -0.008 99.473 -0.008
201409 0.000 99.394 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.


Delta Oil & Gas  (GREY:DLTA) 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.


Delta Oil & Gas Cyclically Adjusted Price-to-FCF Related Terms

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


Delta Oil & Gas (Delta Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
700 West Pender Street, Suite 604, Vancouver, BC, CAN, V6C 1G8
Delta Oil & Gas Inc is a part of the energy sector. It is an independent natural gas and oil company engaged in the exploration, development, and acquisition of natural gas and oil properties in the United States and Canada. The Company seeks to acquire and develop properties with undeveloped reserves that are economically attractive to it. Its properties include Texas Prospect, Premont Northwest Field, and King City.

Delta Oil & Gas (Delta Oil & Gas) Headlines

No Headlines