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Forum Pacific (PHS:FPI) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Forum Pacific Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Forum Pacific Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Forum Pacific'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.

Forum Pacific Cyclically Adjusted Price-to-FCF Chart

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

For the Shell Companies subindustry, Forum Pacific'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.


Forum Pacific's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

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

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



Forum Pacific 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.

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

For example, Forum Pacific'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)
=-0.001/131.7762*131.7762
=-0.001

Current CPI (Mar. 2024) = 131.7762.

Forum Pacific Quarterly Data

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

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.


Forum Pacific  (PHS:FPI) 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.


Forum Pacific Cyclically Adjusted Price-to-FCF Related Terms

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


Forum Pacific (PHS:FPI) Business Description

Traded in Other Exchanges
N/A
Address
Dona Julia Vargas Avenue, 35th Floor, One Corporate Center, Corner Meralco Avenue, Ortigas Center, Pasig City, PHL, 1605
Forum Pacific Inc is Philippines based company engaged in investing, purchasing and acquiring assets of any kind and description with the secondary purpose of engaging in the exploration, development, and production of petroleum and related products as well as other mineral and chemical substance.