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Ramky Infrastructure (NSE:RAMKY) Cyclically Adjusted Price-to-FCF : 9.97 (As of May. 21, 2024)


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What is Ramky Infrastructure Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Ramky Infrastructure's current share price is ₹493.80. Ramky Infrastructure's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was ₹49.55. Ramky Infrastructure's Cyclically Adjusted Price-to-FCF for today is 9.97.

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

NSE:RAMKY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.89   Med: 7.66   Max: 9.98
Current: 9.98

During the past 13 years, Ramky Infrastructure's highest Cyclically Adjusted Price-to-FCF was 9.98. The lowest was 5.89. And the median was 7.66.

NSE:RAMKY's Cyclically Adjusted Price-to-FCF is ranked better than
71.03% of 580 companies
in the Construction industry
Industry Median: 18.005 vs NSE:RAMKY: 9.98

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.

Ramky Infrastructure's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was ₹357.196. 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 ₹49.55 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ramky Infrastructure Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ramky Infrastructure'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.

Ramky Infrastructure Cyclically Adjusted Price-to-FCF Chart

Ramky Infrastructure 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 - - - - 5.88

Ramky Infrastructure Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - 5.88 - -

Competitive Comparison of Ramky Infrastructure's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Ramky Infrastructure'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.


Ramky Infrastructure's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Ramky Infrastructure 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.

Ramky Infrastructure's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=493.80/49.55
=9.97

* 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.

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

For example, Ramky Infrastructure'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)
=357.196/146.8646*146.8646
=357.196

Current CPI (Mar23) = 146.8646.

Ramky Infrastructure Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -99.727 91.425 -160.201
201503 22.420 97.163 33.888
201603 -53.584 102.518 -76.763
201703 61.270 105.196 85.539
201803 57.328 109.786 76.689
201903 62.553 118.202 77.721
202003 38.226 124.705 45.019
202103 26.202 131.771 29.203
202203 26.045 138.822 27.554
202303 357.196 146.865 357.196

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.


Ramky Infrastructure  (NSE:RAMKY) 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.


Ramky Infrastructure Cyclically Adjusted Price-to-FCF Related Terms

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


Ramky Infrastructure (NSE:RAMKY) Business Description

Traded in Other Exchanges
Address
Ramky Grandiose, 15th Floor, Survey No. 136/2 and 4, Gachibowli, Hyderabad, TG, IND, 500032
Ramky Infrastructure Ltd is a construction, infrastructure development, and management company. It provides construction and civil engineering services. The company's segment includes Construction business and Developer business. The Construction business segment, which accounts for majority revenue, undertakes various projects such as water and wastewater projects, irrigation projects, industrial construction projects, transportation projects, building construction projects, and power transmission and distribution projects. Its Developer business segment includes industrial parks, transportation, integrated townships, and energy. It operates in India.

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