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China Life Insurance Co (MEX:LFC) Cyclically Adjusted Price-to-FCF : (As of Sep. 23, 2024)


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What is China Life Insurance Co Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Life Insurance Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Life Insurance 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.

China Life Insurance Co Cyclically Adjusted Price-to-FCF Chart

China Life Insurance 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 7.08 7.38 5.26 5.68 3.71

China Life Insurance Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.84 4.80 3.71 3.51 3.67

Competitive Comparison of China Life Insurance Co's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, China Life Insurance 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.


China Life Insurance Co's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Life Insurance Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Life Insurance Co's Cyclically Adjusted Price-to-FCF falls into.



China Life Insurance 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.

China Life Insurance Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, China Life Insurance Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=42.83/114.7809*114.7809
=42.830

Current CPI (Jun. 2024) = 114.7809.

China Life Insurance Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.005 98.900 -0.006
201412 14.561 99.000 16.882
201503 -0.134 99.900 -0.154
201506 10.745 99.500 12.395
201509 5.598 100.500 6.393
201512 -29.268 100.600 -33.394
201603 -0.219 102.200 -0.246
201606 -7.036 101.400 -7.964
201609 12.259 102.400 13.741
201612 37.383 102.600 41.821
201703 50.231 103.200 55.868
201706 16.595 103.100 18.475
201709 16.505 104.100 18.198
201712 9.461 104.500 10.392
201803 10.397 105.300 11.333
201806 8.800 104.900 9.629
201809 13.987 106.600 15.060
201812 31.397 106.500 33.838
201903 56.216 107.700 59.912
201906 18.460 107.700 19.674
201909 26.447 109.800 27.647
201912 34.472 111.200 35.582
202003 73.010 112.300 74.623
202006 32.287 110.400 33.568
202009 31.406 111.700 32.272
202012 33.497 111.500 34.483
202103 88.951 112.662 90.624
202106 19.694 111.769 20.225
202109 26.574 112.215 27.182
202112 21.421 113.108 21.738
202203 96.496 114.335 96.873
202206 35.901 114.558 35.971
202209 23.193 115.339 23.081
202212 30.563 115.116 30.474
202303 81.097 115.116 80.861
202306 30.916 114.558 30.976
202309 37.643 115.339 37.461
202312 19.616 114.781 19.616
202403 74.240 115.227 73.953
202406 42.830 114.781 42.830

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.


China Life Insurance Co  (MEX:LFC) 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.


China Life Insurance Co Cyclically Adjusted Price-to-FCF Related Terms

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China Life Insurance Co Business Description

Address
No. 16, Financial Street, Xicheng District, Beijing, CHN, 100033
With headquarters in Beijing and commanding about 20% market share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.

China Life Insurance Co Headlines

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