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HK eBus (HK eBus) Cyclically Adjusted Price-to-FCF : (As of Jun. 15, 2024)


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What is HK eBus Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


HK eBus Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HK eBus'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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HK eBus Cyclically Adjusted Price-to-FCF Chart

HK eBus Annual Data
Trend May09 May10 May11 May12 May13 May14 May15 May16 May17 May18
Cyclically Adjusted Price-to-FCF
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HK eBus Quarterly Data
Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
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Competitive Comparison of HK eBus's Cyclically Adjusted Price-to-FCF

For the Shell Companies subindustry, HK eBus'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.


HK eBus's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, HK eBus's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



HK eBus 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.

HK eBus's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2018 is calculated as:

For example, HK eBus's adjusted Free Cash Flow per Share data for the three months ended in Nov. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov. 2018 (Change)*Current CPI (Nov. 2018)
=0.005/106.3375*106.3375
=0.005

Current CPI (Nov. 2018) = 106.3375.

HK eBus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200902 0.058 89.527 0.069
200905 -0.033 90.228 -0.039
200908 -0.488 91.063 -0.570
200911 -0.554 91.272 -0.645
201002 -0.912 91.445 -1.061
201005 0.630 92.052 0.728
201008 -0.090 92.108 -0.104
201011 -0.063 92.315 -0.073
201102 -0.060 93.373 -0.068
201105 -0.103 95.337 -0.115
201108 -0.008 95.582 -0.009
201111 -0.008 95.449 -0.009
201202 -0.001 96.053 -0.001
201205 -0.030 96.961 -0.033
201208 -0.008 97.199 -0.009
201211 -0.002 97.133 -0.002
201302 -0.022 97.953 -0.024
201305 0.023 98.282 0.025
201308 -0.001 98.675 -0.001
201311 0.006 98.334 0.006
201402 -0.002 99.057 -0.002
201405 0.000 100.373 0.000
201408 0.006 100.352 0.006
201411 -0.008 99.635 -0.009
201502 0.001 99.032 0.001
201505 -0.003 100.333 -0.003
201508 0.006 100.548 0.006
201511 0.020 100.135 0.021
201602 -0.007 100.040 -0.007
201605 -0.008 101.355 -0.008
201608 -0.004 101.617 -0.004
201611 -0.007 101.829 -0.007
201702 -0.007 102.779 -0.007
201705 0.012 103.256 0.012
201708 -0.003 103.587 -0.003
201711 -0.004 104.072 -0.004
201802 -0.010 105.052 -0.010
201805 0.016 106.148 0.016
201808 -0.004 106.383 -0.004
201811 0.005 106.338 0.005

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.


HK eBus  (GREY:HKEB) 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.


HK eBus Cyclically Adjusted Price-to-FCF Related Terms

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HK eBus (HK eBus) Business Description

Traded in Other Exchanges
N/A
Address
800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101
Website
HK eBus Corp is a shell company.

HK eBus (HK eBus) Headlines

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