GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kritika Wires Ltd (NSE:KRITIKA) » Definitions » Cyclically Adjusted Price-to-FCF

Kritika Wires (NSE:KRITIKA) Cyclically Adjusted Price-to-FCF : 101.40 (As of Jun. 21, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Kritika Wires Cyclically Adjusted Price-to-FCF?

As of today (2024-06-21), Kritika Wires's current share price is ₹20.28. Kritika Wires's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹0.20. Kritika Wires's Cyclically Adjusted Price-to-FCF for today is 101.40.

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

NSE:KRITIKA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.9   Med: 57.31   Max: 160
Current: 102.92

During the past 11 years, Kritika Wires's highest Cyclically Adjusted Price-to-FCF was 160.00. The lowest was 20.90. And the median was 57.31.

NSE:KRITIKA's Cyclically Adjusted Price-to-FCF is ranked worse than
92.08% of 265 companies
in the Steel industry
Industry Median: 13.14 vs NSE:KRITIKA: 102.92

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.

Kritika Wires's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹0.156. 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 ₹0.20 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kritika Wires Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kritika Wires'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.

Kritika Wires Cyclically Adjusted Price-to-FCF Chart

Kritika Wires Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 20.98 85.00

Kritika Wires Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - - 20.98 - 85.00

Competitive Comparison of Kritika Wires's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Kritika Wires'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.


Kritika Wires's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kritika Wires's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kritika Wires 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.

Kritika Wires's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.28/0.2
=101.40

* 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.

Kritika Wires's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Kritika Wires's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.156/153.0345*153.0345
=0.156

Current CPI (Mar24) = 153.0345.

Kritika Wires Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.193 97.163 0.304
201603 0.107 102.518 0.160
201703 0.190 105.196 0.276
201803 0.126 109.786 0.176
201903 -0.240 118.202 -0.311
202003 0.624 124.705 0.766
202103 0.054 131.771 0.063
202203 0.615 138.822 0.678
202303 -0.285 146.865 -0.297
202403 0.156 153.035 0.156

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.


Kritika Wires  (NSE:KRITIKA) 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.


Kritika Wires Cyclically Adjusted Price-to-FCF Related Terms

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


Kritika Wires (NSE:KRITIKA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156
Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

Kritika Wires (NSE:KRITIKA) Headlines

No Headlines