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Baytex Energy (FRA:B5X) Cyclically Adjusted Price-to-FCF : 6.67 (As of Jun. 01, 2025)


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What is Baytex Energy Cyclically Adjusted Price-to-FCF?

As of today (2025-06-01), Baytex Energy's current share price is €1.4665. Baytex Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.22. Baytex Energy's Cyclically Adjusted Price-to-FCF for today is 6.67.

The historical rank and industry rank for Baytex Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:B5X' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.55   Med: 5.96   Max: 27.56
Current: 6.45

During the past years, Baytex Energy's highest Cyclically Adjusted Price-to-FCF was 27.56. The lowest was 0.55. And the median was 5.96.

FRA:B5X's Cyclically Adjusted Price-to-FCF is ranked better than
72.14% of 402 companies
in the Oil & Gas industry
Industry Median: 12.74 vs FRA:B5X: 6.45

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Baytex Energy's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €0.020. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.22 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baytex Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Baytex Energy'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.

Baytex Energy Cyclically Adjusted Price-to-FCF Chart

Baytex Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 12.47 13.69 10.79 10.07

Baytex Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.76 9.72 9.42 10.07 9.22

Competitive Comparison of Baytex Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Baytex Energy'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.


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

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

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


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Baytex Energy 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.

Baytex Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.4665/0.22
=6.67

* 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.

Baytex Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Baytex Energy's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.02/129.1809*129.1809
=0.020

Current CPI (Mar. 2025) = 129.1809.

Baytex Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.107 100.500 0.138
201509 0.071 100.421 0.091
201512 -0.210 99.947 -0.271
201603 -0.057 101.054 -0.073
201606 0.064 102.002 0.081
201609 0.158 101.765 0.201
201612 -0.094 101.449 -0.120
201703 -0.243 102.634 -0.306
201706 -0.039 103.029 -0.049
201709 0.048 103.345 0.060
201712 0.018 103.345 0.023
201803 -0.016 105.004 -0.020
201806 -0.013 105.557 -0.016
201809 0.023 105.636 0.028
201812 -0.018 105.399 -0.022
201903 0.004 106.979 0.005
201906 0.164 107.690 0.197
201909 0.068 107.611 0.082
201912 0.099 107.769 0.119
202003 0.006 107.927 0.007
202006 0.017 108.401 0.020
202009 0.089 108.164 0.106
202012 -0.031 108.559 -0.037
202103 0.044 110.298 0.052
202106 0.131 111.720 0.151
202109 0.099 112.905 0.113
202112 0.198 113.774 0.225
202203 0.056 117.646 0.061
202206 0.340 120.806 0.364
202209 0.193 120.648 0.207
202212 0.250 120.964 0.267
202303 -0.062 122.702 -0.065
202306 0.025 124.203 0.026
202309 0.024 125.230 0.025
202312 0.196 125.072 0.202
202403 -0.055 126.258 -0.056
202406 0.134 127.522 0.136
202409 0.201 127.285 0.204
202412 0.219 127.364 0.222
202503 0.020 129.181 0.020

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.


Baytex Energy  (FRA:B5X) 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.


Baytex Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Baytex Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baytex Energy Corp (FRA:B5X) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3
Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.

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