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Philippine Realty & Holdings (PHS:RLT) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Philippine Realty & Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Philippine Realty & Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Philippine Realty & Holdings'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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Philippine Realty & Holdings Cyclically Adjusted Price-to-FCF Chart

Philippine Realty & Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Philippine Realty & Holdings 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 Philippine Realty & Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, Philippine Realty & Holdings'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.


Philippine Realty & Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Philippine Realty & Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Philippine Realty & Holdings's Cyclically Adjusted Price-to-FCF falls into.



Philippine Realty & Holdings 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.

Philippine Realty & Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Philippine Realty & Holdings'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)
=-0.042/131.7762*131.7762
=-0.042

Current CPI (Mar. 2024) = 131.7762.

Philippine Realty & Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.009 100.560 0.012
201409 0.014 100.428 0.018
201412 -0.078 99.070 -0.104
201503 -0.013 99.621 -0.017
201506 -0.019 100.684 -0.025
201509 -0.005 100.392 -0.007
201512 0.023 99.792 0.030
201603 -0.018 100.470 -0.024
201606 -0.029 101.688 -0.038
201609 -0.007 101.861 -0.009
201612 -0.055 101.863 -0.071
201703 -0.017 102.862 -0.022
201706 -0.063 103.349 -0.080
201709 0.028 104.136 0.035
201712 -0.021 104.011 -0.027
201803 0.007 105.290 0.009
201806 0.001 106.317 0.001
201809 -0.013 106.507 -0.016
201812 0.055 105.998 0.068
201903 -0.042 107.251 -0.052
201906 -0.008 108.070 -0.010
201909 -0.038 108.329 -0.046
201912 0.034 108.420 0.041
202003 -0.008 108.902 -0.010
202006 0.048 108.767 0.058
202009 -0.026 109.815 -0.031
202012 0.028 109.897 0.034
202103 0.009 111.754 0.011
202106 -0.424 114.631 -0.487
202109 0.015 115.734 0.017
202112 0.266 117.630 0.298
202203 0.006 121.301 0.007
202206 -0.005 125.017 -0.005
202209 -0.004 125.227 -0.004
202212 0.001 125.222 0.001
202303 -0.010 127.348 -0.010
202306 -0.005 128.729 -0.005
202309 -0.005 129.860 -0.005
202312 0.002 129.419 0.002
202403 -0.042 131.776 -0.042

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.


Philippine Realty & Holdings  (PHS:RLT) 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.


Philippine Realty & Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Philippine Realty & Holdings (PHS:RLT) Business Description

Traded in Other Exchanges
N/A
Address
1 Balete Drive corner N. Domingo Street, Brgy Kaunlaran, District 4, Quezon, PHL, 1111
Philippine Realty & Holdings Corp is engaged in the development and sale of residential and office condominium projects, as well as the lease of commercial and office spaces.

Philippine Realty & Holdings (PHS:RLT) Headlines

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