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Asiabest Group International (PHS:ABG) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Asiabest Group International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asiabest Group International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asiabest Group International'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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Asiabest Group International Cyclically Adjusted Price-to-FCF Chart

Asiabest Group International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Asiabest Group International 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 Asiabest Group International's Cyclically Adjusted Price-to-FCF

For the Shell Companies subindustry, Asiabest Group International'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.


Asiabest Group International's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Asiabest Group International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Asiabest Group International's Cyclically Adjusted Price-to-FCF falls into.



Asiabest Group International 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.

Asiabest Group International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Asiabest Group International's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.019/131.7762*131.7762
=-0.019

Current CPI (Mar. 2024) = 131.7762.

Asiabest Group International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.009 100.560 -0.012
201409 -0.003 100.428 -0.004
201412 0.003 99.070 0.004
201503 -0.013 99.621 -0.017
201506 -0.008 100.684 -0.010
201509 0.153 100.392 0.201
201512 0.002 99.792 0.003
201603 -0.010 100.470 -0.013
201606 0.004 101.688 0.005
201609 0.000 101.861 0.000
201612 -0.010 101.863 -0.013
201703 -0.003 102.862 -0.004
201706 -0.008 103.349 -0.010
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 -0.002 105.290 -0.003
201806 -0.001 106.317 -0.001
201809 -0.001 106.507 -0.001
201812 -0.001 105.998 -0.001
201903 -0.005 107.251 -0.006
201906 -0.001 108.070 -0.001
201909 -0.003 108.329 -0.004
201912 -0.004 108.420 -0.005
202003 -0.018 108.902 -0.022
202006 0.000 108.767 0.000
202009 -0.005 109.815 -0.006
202012 -0.014 109.897 -0.017
202103 -0.005 111.754 -0.006
202106 -0.009 114.631 -0.010
202109 -0.018 115.734 -0.020
202112 -0.016 117.630 -0.018
202203 -0.007 121.301 -0.008
202206 0.000 125.017 0.000
202209 -0.001 125.227 -0.001
202212 -0.003 125.222 -0.003
202303 -0.018 127.348 -0.019
202306 -0.014 128.729 -0.014
202309 -0.005 129.860 -0.005
202312 -0.003 129.419 -0.003
202403 -0.019 131.776 -0.019

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.


Asiabest Group International  (PHS:ABG) 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.


Asiabest Group International Cyclically Adjusted Price-to-FCF Related Terms

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Asiabest Group International (PHS:ABG) Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, Chatham House Building, Valero Corner Rufino Street, Salcedo Village, Makati, PHL, 1227
Asiabest Group International Inc is exploring new opportunities. The Company's business plans and strategies includes, but not limited to entertainment and gaming.