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Pakistan Refinery (KAR:PRL) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Pakistan Refinery Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan Refinery Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pakistan Refinery'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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Pakistan Refinery Cyclically Adjusted Price-to-FCF Chart

Pakistan Refinery Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Pakistan Refinery Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Pakistan Refinery's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Pakistan Refinery'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.


Pakistan Refinery's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Pakistan Refinery 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.

Pakistan Refinery's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pakistan Refinery'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)
=3.064/131.7762*131.7762
=3.064

Current CPI (Mar. 2024) = 131.7762.

Pakistan Refinery Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.072 100.560 0.094
201409 -15.380 100.428 -20.181
201412 -5.861 99.070 -7.796
201503 6.683 99.621 8.840
201506 -1.183 100.684 -1.548
201509 -11.828 100.392 -15.526
201512 0.008 99.792 0.011
201603 -7.347 100.470 -9.636
201606 14.250 101.688 18.466
201609 2.944 101.861 3.809
201612 -1.496 101.863 -1.935
201703 -0.765 102.862 -0.980
201706 6.723 103.349 8.572
201709 3.466 104.136 4.386
201712 -0.945 104.011 -1.197
201803 -1.499 105.290 -1.876
201806 -5.657 106.317 -7.012
201809 -8.117 106.507 -10.043
201812 -1.984 105.998 -2.467
201903 -0.054 107.251 -0.066
201906 -13.591 108.070 -16.572
201909 17.135 108.329 20.844
201912 -3.220 108.420 -3.914
202003 -15.294 108.902 -18.506
202006 5.941 108.767 7.198
202009 -3.678 109.815 -4.414
202012 -1.359 109.897 -1.630
202103 2.266 111.754 2.672
202106 -4.522 114.631 -5.198
202109 11.301 115.734 12.867
202112 -19.028 117.630 -21.316
202203 21.575 121.301 23.438
202206 25.188 125.017 26.550
202209 -2.491 125.227 -2.621
202212 5.954 125.222 6.266
202303 -13.680 127.348 -14.156
202306 -22.929 128.729 -23.472
202309 11.760 129.860 11.934
202312 12.555 129.419 12.784
202403 3.064 131.776 3.064

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.


Pakistan Refinery  (KAR:PRL) 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.


Pakistan Refinery Cyclically Adjusted Price-to-FCF Related Terms

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Pakistan Refinery Business Description

Industry
Traded in Other Exchanges
N/A
Address
Korangi Creek Road, P.O. Box 4612, Karachi, PAK, 75190
Pakistan Refinery Ltd is a manufacturer and supplier of petroleum products to the domestic market and Pakistan defence forces. Its products include liquefied petroleum gas, motor gasoline, kerosene oil, jet fuels, high-speed diesel and furnace oil. Its refinery operates at two locations; the main processing facility is located at Korangi Creek with supporting crude berthing and storage facility at Keamari.

Pakistan Refinery Headlines

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