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China Galaxy Securities Co (FRA:CGL) Cyclically Adjusted Price-to-FCF : 84.00 (As of Jun. 04, 2025)


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What is China Galaxy Securities Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-04), China Galaxy Securities Co's current share price is €0.84. China Galaxy Securities Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was €0.01. China Galaxy Securities Co's Cyclically Adjusted Price-to-FCF for today is 84.00.

The historical rank and industry rank for China Galaxy Securities Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:CGL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25   Med: 50.31   Max: 72.5
Current: 67.39

During the past 13 years, China Galaxy Securities Co's highest Cyclically Adjusted Price-to-FCF was 72.50. The lowest was 25.00. And the median was 50.31.

FRA:CGL's Cyclically Adjusted Price-to-FCF is ranked worse than
84.3% of 223 companies
in the Capital Markets industry
Industry Median: 20.75 vs FRA:CGL: 67.39

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.

China Galaxy Securities Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was €-0.087. 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 €0.01 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Galaxy Securities Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Galaxy Securities Co'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.

China Galaxy Securities Co Cyclically Adjusted Price-to-FCF Chart

China Galaxy Securities Co 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 - - - - 60.90

China Galaxy Securities Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 5.68 - 28.91 60.90

Competitive Comparison of China Galaxy Securities Co's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, China Galaxy Securities Co'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.


China Galaxy Securities Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China Galaxy Securities Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Galaxy Securities Co's Cyclically Adjusted Price-to-FCF falls into.


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China Galaxy Securities Co 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.

China Galaxy Securities Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.84/0.01
=84.00

* 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.

China Galaxy Securities Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, China Galaxy Securities Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=-0.087/114.8925*114.8925
=-0.087

Current CPI (Dec24) = 114.8925.

China Galaxy Securities Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -0.492 100.600 -0.562
201612 0.232 102.600 0.260
201712 -0.391 104.500 -0.430
201812 0.119 106.500 0.128
201912 0.320 111.200 0.331
202012 0.222 111.500 0.229
202112 0.281 113.108 0.285
202212 0.349 115.116 0.348
202312 -0.363 114.781 -0.363
202412 -0.087 114.893 -0.087

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.


China Galaxy Securities Co  (FRA:CGL) 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.


China Galaxy Securities Co Cyclically Adjusted Price-to-FCF Related Terms

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


China Galaxy Securities Co Business Description

Address
No. 8 Xiying Street, Qinghai Finance Building, Building No. 1, Fengtai District, Beijing, CHN, 100073
China Galaxy Securities Co Ltd is an integrated financial services provider in the Chinese securities industry. It is principally engaged in securities and futures brokerage, institutional sales and investment research, proprietary trading and other securities trading services, margin financing and securities lending, asset management and wealth management, and equity investment management. The company's segments include the wealth management business, investment banking business, institutional business, international business, investment trading business, and other parent-subsidiary integration business.

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