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Gulf Resources (FRA:R29B) Cyclically Adjusted Price-to-FCF : 1.00 (As of Jun. 19, 2024)


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

As of today (2024-06-19), Gulf Resources's current share price is €1.15. Gulf Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €1.15. Gulf Resources's Cyclically Adjusted Price-to-FCF for today is 1.00.

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

FRA:R29B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.23   Med: 2.06   Max: 7.62
Current: 1.02

During the past years, Gulf Resources's highest Cyclically Adjusted Price-to-FCF was 7.62. The lowest was 0.23. And the median was 2.06.

FRA:R29B's Cyclically Adjusted Price-to-FCF is ranked better than
99.13% of 578 companies
in the Chemicals industry
Industry Median: 24.23 vs FRA:R29B: 1.02

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.

Gulf Resources's adjusted free cash flow per share data for the three months ended in Sep. 2023 was €-1.463. 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 €1.15 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gulf Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gulf 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.

Gulf Resources Cyclically Adjusted Price-to-FCF Chart

Gulf Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.51 3.37 3.16 1.74

Gulf Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.89 1.74 1.65 1.60 1.48

Competitive Comparison of Gulf Resources's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Gulf 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.


Gulf Resources's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Gulf 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.

Gulf Resources's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.15/1.15
=1.00

* 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.

Gulf Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Gulf Resources's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-1.463/115.3387*115.3387
=-1.463

Current CPI (Sep. 2023) = 115.3387.

Gulf Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.547 97.624 0.646
201403 1.148 98.600 1.343
201406 0.933 98.200 1.096
201409 0.287 98.900 0.335
201412 1.453 99.000 1.693
201503 1.855 99.900 2.142
201506 0.609 99.500 0.706
201509 0.716 100.500 0.822
201512 1.510 100.600 1.731
201603 1.344 102.200 1.517
201606 0.190 101.400 0.216
201609 -0.403 102.400 -0.454
201612 2.607 102.600 2.931
201703 0.803 103.200 0.897
201706 0.056 103.100 0.063
201709 1.196 104.100 1.325
201712 1.113 104.500 1.228
201803 1.681 105.300 1.841
201806 -0.827 104.900 -0.909
201809 0.047 106.600 0.051
201812 -2.770 106.500 -3.000
201903 -0.264 107.700 -0.283
201906 -1.450 107.700 -1.553
201909 -4.901 109.800 -5.148
201912 -0.594 111.200 -0.616
202003 -0.496 112.300 -0.509
202006 -0.324 110.400 -0.338
202009 0.185 111.700 0.191
202012 -0.478 111.500 -0.494
202103 0.281 112.662 0.288
202106 0.292 111.769 0.301
202109 0.328 112.215 0.337
202112 1.034 113.108 1.054
202203 0.698 114.335 0.704
202206 -2.058 114.558 -2.072
202209 1.795 115.339 1.795
202212 1.048 115.116 1.050
202303 0.430 115.116 0.431
202306 0.545 114.558 0.549
202309 -1.463 115.339 -1.463

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.


Gulf Resources  (FRA:R29B) 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.


Gulf Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Gulf Resources (FRA:R29B) Business Description

Industry
Traded in Other Exchanges
Address
Level 11, Vegetable Building, Industrial Park of the East Shouguang City, Shandong, Shouguang, CHN, 262700
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.

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