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BPZ Resources (FRA:NA4) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


BPZ Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BPZ 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.

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BPZ Resources Cyclically Adjusted Price-to-FCF Chart

BPZ Resources Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
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BPZ Resources Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of BPZ Resources's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, BPZ 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.


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

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

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



BPZ 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.

BPZ Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2015 is calculated as:

For example, BPZ Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2015 (Change)*Current CPI (Mar. 2015)
=-0.271/99.6211*99.6211
=-0.271

Current CPI (Mar. 2015) = 99.6211.

BPZ Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200506 -0.042 82.062 -0.051
200509 -0.087 83.876 -0.103
200512 -0.059 83.032 -0.071
200603 -0.153 84.298 -0.181
200606 -0.283 85.606 -0.329
200609 -0.106 85.606 -0.123
200612 -0.109 85.142 -0.128
200703 -0.174 86.640 -0.200
200706 -0.240 87.906 -0.272
200709 -0.220 87.964 -0.249
200712 -0.163 88.616 -0.183
200803 -0.093 90.090 -0.103
200806 -0.211 92.320 -0.228
200809 0.013 92.307 0.014
200812 -0.154 88.697 -0.173
200903 -0.142 89.744 -0.158
200906 -0.206 91.003 -0.226
200909 -0.192 91.120 -0.210
200912 -0.264 91.111 -0.289
201003 -0.321 91.821 -0.348
201006 -0.269 91.962 -0.291
201009 -0.254 92.162 -0.275
201012 -0.242 92.474 -0.261
201103 -0.062 94.283 -0.066
201106 -0.056 95.235 -0.059
201109 -0.114 95.727 -0.119
201112 -0.034 95.213 -0.036
201203 -0.164 96.783 -0.169
201206 -0.213 96.819 -0.219
201209 -0.328 97.633 -0.335
201212 -0.154 96.871 -0.158
201303 -0.115 98.209 -0.117
201306 0.066 98.518 0.067
201309 -0.241 98.790 -0.243
201312 -0.136 98.326 -0.138
201403 -0.068 99.695 -0.068
201406 0.131 100.560 0.130
201409 0.075 100.428 0.074
201412 -0.134 99.070 -0.135
201503 -0.271 99.621 -0.271

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.


BPZ Resources  (FRA:NA4) 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.


BPZ Resources Cyclically Adjusted Price-to-FCF Related Terms

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BPZ Resources (FRA:NA4) Business Description

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Address
BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.

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