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Binani Industries (NSE:BINANIIND) Cyclically Adjusted Price-to-FCF : 1.92 (As of May. 14, 2024)


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What is Binani Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Binani Industries's current share price is ₹15.05. Binani Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was ₹7.82. Binani Industries's Cyclically Adjusted Price-to-FCF for today is 1.92.

The historical rank and industry rank for Binani Industries's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NSE:BINANIIND' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.23   Med: 1.28   Max: 3.54
Current: 1.88

During the past 13 years, Binani Industries's highest Cyclically Adjusted Price-to-FCF was 3.54. The lowest was 0.23. And the median was 1.28.

NSE:BINANIIND's Cyclically Adjusted Price-to-FCF is ranked better than
98.44% of 577 companies
in the Chemicals industry
Industry Median: 26.07 vs NSE:BINANIIND: 1.88

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.

Binani Industries's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was ₹-1.326. 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 ₹7.82 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Binani Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Binani Industries'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.

Binani Industries Cyclically Adjusted Price-to-FCF Chart

Binani Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.23 3.54

Binani Industries 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 - 3.54 - - -

Competitive Comparison of Binani Industries's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Binani Industries'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.


Binani Industries's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Binani Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Binani Industries 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.

Binani Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.05/7.82
=1.92

* 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.

Binani Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Binani Industries's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-1.326/146.8646*146.8646
=-1.326

Current CPI (Mar23) = 146.8646.

Binani Industries Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -16.998 91.425 -27.306
201503 -45.759 97.163 -69.166
201603 56.451 102.518 80.870
201703 59.961 105.196 83.712
201803 4.766 109.786 6.376
201903 98.978 118.202 122.979
202003 -75.331 124.705 -88.717
202103 -23.737 131.771 -26.456
202203 -0.895 138.822 -0.947
202303 -1.326 146.865 -1.326

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.


Binani Industries  (NSE:BINANIIND) 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.


Binani Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Binani Industries (NSE:BINANIIND) Business Description

Traded in Other Exchanges
Address
12, J.N. Heredia Marg, Mercantile Chambers, Ballard Estate, Mumbai, MH, IND, 400001
Binani Industries Ltd is engaged in the business of media, and publication services. The company generates its revenue primarily from the Media and Publication segment.

Binani Industries (NSE:BINANIIND) Headlines

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