GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PT Perusahaan Gas Negara Tbk (ISX:PGAS) » Definitions » Cyclically Adjusted Price-to-FCF

PT Perusahaan Gas Negara Tbk (ISX:PGAS) Cyclically Adjusted Price-to-FCF : 6.53 (As of Apr. 30, 2024)


View and export this data going back to 2003. Start your Free Trial

What is PT Perusahaan Gas Negara Tbk Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), PT Perusahaan Gas Negara Tbk's current share price is Rp1470.00. PT Perusahaan Gas Negara Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was Rp225.13. PT Perusahaan Gas Negara Tbk's Cyclically Adjusted Price-to-FCF for today is 6.53.

The historical rank and industry rank for PT Perusahaan Gas Negara Tbk's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ISX:PGAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.57   Med: 6.8   Max: 10.43
Current: 5.69

During the past years, PT Perusahaan Gas Negara Tbk's highest Cyclically Adjusted Price-to-FCF was 10.43. The lowest was 2.57. And the median was 6.80.

ISX:PGAS's Cyclically Adjusted Price-to-FCF is ranked better than
88.89% of 234 companies
in the Utilities - Regulated industry
Industry Median: 17.135 vs ISX:PGAS: 5.69

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.

PT Perusahaan Gas Negara Tbk's adjusted free cash flow per share data for the three months ended in Dec. 2023 was Rp128.327. 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 Rp225.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Perusahaan Gas Negara Tbk Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PT Perusahaan Gas Negara Tbk'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.

PT Perusahaan Gas Negara Tbk Cyclically Adjusted Price-to-FCF Chart

PT Perusahaan Gas Negara Tbk 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 8.01 7.13 6.52 8.15 5.02

PT Perusahaan Gas Negara Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.15 6.19 5.88 6.04 5.02

Competitive Comparison of PT Perusahaan Gas Negara Tbk's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, PT Perusahaan Gas Negara Tbk'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.


PT Perusahaan Gas Negara Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PT Perusahaan Gas Negara Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Perusahaan Gas Negara Tbk's Cyclically Adjusted Price-to-FCF falls into.



PT Perusahaan Gas Negara Tbk 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.

PT Perusahaan Gas Negara Tbk's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1470.00/225.13
=6.53

* 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.

PT Perusahaan Gas Negara Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PT Perusahaan Gas Negara Tbk's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=128.327/128.8650*128.8650
=128.327

Current CPI (Dec. 2023) = 128.8650.

PT Perusahaan Gas Negara Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 38.549 92.483 53.714
201406 -18.622 93.015 -25.799
201409 -58.374 94.576 -79.538
201412 174.227 98.819 227.200
201503 -0.892 98.388 -1.168
201506 -211.308 99.766 -272.940
201509 -24.678 101.037 -31.475
201512 -13.962 102.133 -17.616
201603 40.702 102.764 51.040
201606 -19.577 103.212 -24.443
201609 41.946 104.142 51.904
201612 62.808 105.222 76.921
201703 114.026 106.476 138.003
201706 -16.663 107.722 -19.934
201709 84.548 108.020 100.863
201712 -2.541 109.017 -3.004
201803 72.580 110.097 84.953
201806 111.773 111.085 129.663
201809 89.731 111.135 104.047
201812 53.225 112.430 61.005
201903 105.898 112.829 120.949
201906 66.663 114.730 74.876
201909 203.511 114.905 228.237
201912 -37.401 115.486 -41.734
202003 100.329 116.252 111.214
202006 -46.391 116.630 -51.258
202009 124.943 116.397 138.327
202012 -80.899 117.318 -88.861
202103 43.113 117.840 47.147
202106 70.489 118.184 76.860
202109 30.612 118.262 33.357
202112 69.655 119.516 75.104
202203 89.915 120.948 95.800
202206 98.569 123.324 102.998
202209 167.027 125.300 171.779
202212 167.818 126.099 171.499
202303 134.064 126.954 136.082
202306 42.024 127.666 42.419
202309 74.324 128.155 74.736
202312 128.327 128.865 128.327

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.


PT Perusahaan Gas Negara Tbk  (ISX:PGAS) 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.


PT Perusahaan Gas Negara Tbk Cyclically Adjusted Price-to-FCF Related Terms

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


PT Perusahaan Gas Negara Tbk (ISX:PGAS) Business Description

Traded in Other Exchanges
Address
Jalan KH. Zainul Arifin Number 20, Jakarta, IDN, 11140
PT Perusahaan Gas Negara Tbk, or PGN, is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is primarily involved in the transmission and distribution of natural gas. The company's segments include Natural gas trading and transmission, Exploration and production of oil and gas, and Other operation.