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Sinopec Shanghai Petrochemical Co (HKSE:00338) Cyclically Adjusted Price-to-FCF : 14.00 (As of Jun. 06, 2024)


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What is Sinopec Shanghai Petrochemical Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Sinopec Shanghai Petrochemical Co's current share price is HK$1.12. Sinopec Shanghai Petrochemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$0.08. Sinopec Shanghai Petrochemical Co's Cyclically Adjusted Price-to-FCF for today is 14.00.

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

HKSE:00338' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.87   Med: 23.9   Max: 463
Current: 13.55

During the past years, Sinopec Shanghai Petrochemical Co's highest Cyclically Adjusted Price-to-FCF was 463.00. The lowest was 9.87. And the median was 23.90.

HKSE:00338's Cyclically Adjusted Price-to-FCF is ranked better than
50.13% of 397 companies
in the Oil & Gas industry
Industry Median: 13.63 vs HKSE:00338: 13.55

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.

Sinopec Shanghai Petrochemical Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$-0.124. 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 HK$0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinopec Shanghai Petrochemical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co Cyclically Adjusted Price-to-FCF Chart

Sinopec Shanghai Petrochemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.89 12.26 13.82 11.52 13.25

Sinopec Shanghai Petrochemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.36 13.53 14.92 13.25 13.20

Competitive Comparison of Sinopec Shanghai Petrochemical Co's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Sinopec Shanghai Petrochemical 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.


Sinopec Shanghai Petrochemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Sinopec Shanghai Petrochemical Co's Cyclically Adjusted Price-to-FCF falls into.



Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.12/0.08
=14.00

* 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.

Sinopec Shanghai Petrochemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sinopec Shanghai Petrochemical Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.124/115.2271*115.2271
=-0.124

Current CPI (Mar. 2024) = 115.2271.

Sinopec Shanghai Petrochemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.031 98.200 0.036
201409 0.067 98.900 0.078
201412 0.215 99.000 0.250
201503 -0.140 99.900 -0.161
201506 0.310 99.500 0.359
201509 0.147 100.500 0.169
201512 0.170 100.600 0.195
201603 0.195 102.200 0.220
201606 0.286 101.400 0.325
201609 0.030 102.400 0.034
201612 0.171 102.600 0.192
201703 0.288 103.200 0.322
201706 -0.090 103.100 -0.101
201709 0.264 104.100 0.292
201712 0.171 104.500 0.189
201803 0.165 105.300 0.181
201806 0.274 104.900 0.301
201809 -0.117 106.600 -0.126
201812 0.288 106.500 0.312
201903 -0.148 107.700 -0.158
201906 0.112 107.700 0.120
201909 -0.083 109.800 -0.087
201912 0.671 111.200 0.695
202003 -0.435 112.300 -0.446
202006 0.067 110.400 0.070
202009 0.049 111.700 0.051
202012 0.339 111.500 0.350
202103 -0.094 112.662 -0.096
202106 -0.339 111.769 -0.349
202109 0.103 112.215 0.106
202112 0.428 113.108 0.436
202203 -0.271 114.335 -0.273
202206 -0.538 114.558 -0.541
202209 0.086 115.339 0.086
202212 -0.363 115.116 -0.363
202303 -0.046 115.116 -0.046
202306 -0.049 114.558 -0.049
202309 -0.102 115.339 -0.102
202312 0.111 114.781 0.111
202403 -0.124 115.227 -0.124

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.


Sinopec Shanghai Petrochemical Co  (HKSE:00338) 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.


Sinopec Shanghai Petrochemical Co Cyclically Adjusted Price-to-FCF Related Terms

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Sinopec Shanghai Petrochemical Co (HKSE:00338) Business Description

Traded in Other Exchanges
Address
No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
Sinopec Shanghai Petrochemical Co Ltd is a Chinese petrochemical company. The company's operating segment includes Synthetic fibers; Resins and plastics; Intermediate petrochemicals; Petroleum products; Trading of petrochemical products and Others. It generates maximum revenue from the Petroleum products segment. The petroleum products segment is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil and liquefied petroleum gas, and provide raw materials for the group's downstream petrochemical processing facilities.
Executives
The Bank Of New York Mellon Corporation
Hung Hin Fai 2201 Interest of corporation controlled by you
Corn Capital Company Limited 2101 Beneficial owner
Yardley Finance Limited 2106 Person having a security interest in shares
Chan Kin Sun 2201 Interest of corporation controlled by you

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