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PNC Infratech (NSE:PNCINFRA) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is PNC Infratech Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PNC Infratech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PNC Infratech'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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PNC Infratech Cyclically Adjusted Price-to-FCF Chart

PNC Infratech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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PNC Infratech 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 PNC Infratech's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, PNC Infratech'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.


PNC Infratech's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, PNC Infratech's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PNC Infratech 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.

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

For example, PNC Infratech'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)
=-10.988/153.0345*153.0345
=-10.988

Current CPI (Mar24) = 153.0345.

PNC Infratech Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -28.870 97.163 -45.471
201603 -4.487 102.518 -6.698
201703 2.960 105.196 4.306
201803 17.530 109.786 24.436
201903 -3.939 118.202 -5.100
202003 16.916 124.705 20.759
202103 0.058 131.771 0.067
202203 -22.593 138.822 -24.906
202303 -59.156 146.865 -61.641
202403 -10.988 153.035 -10.988

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.


PNC Infratech  (NSE:PNCINFRA) 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.


PNC Infratech Cyclically Adjusted Price-to-FCF Related Terms

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PNC Infratech (NSE:PNCINFRA) Business Description

Industry
Traded in Other Exchanges
Address
Bypass Road, NH-2, PNC Tower, 3/22-D, Civil Lines, Agra, UP, IND, 282002
PNC Infratech Ltd is an infrastructure construction, development, and management company. It constructs highways, bridges, flyovers, power transmission lines, and airport runways. The company's segments include Engineering, Procurement, and Construction (EPC) Contract and BOT (Toll and Annuity). It also offers end-to-end infrastructure implementation solutions that include EPC services. The company's operations are executed across various states in India including Rajasthan, Punjab, Haryana, Uttarakhand, Uttar Pradesh, Delhi, Bihar, West Bengal, Assam, Madhya Pradesh, Maharashtra, Karnataka, and Tamil Nadu. The group derives key revenue from the EPC contract segment.

PNC Infratech (NSE:PNCINFRA) Headlines

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