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Harbor Star Shipping Services, (PHS:TUGS) Cyclically Adjusted Price-to-FCF : (As of Jun. 15, 2024)


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What is Harbor Star Shipping Services, Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Harbor Star Shipping Services, Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Harbor Star Shipping Services,'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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Harbor Star Shipping Services, Cyclically Adjusted Price-to-FCF Chart

Harbor Star Shipping Services, Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Harbor Star Shipping Services, Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 817.79

Competitive Comparison of Harbor Star Shipping Services,'s Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Harbor Star Shipping Services,'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.


Harbor Star Shipping Services,'s Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Harbor Star Shipping Services,'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Harbor Star Shipping Services,'s Cyclically Adjusted Price-to-FCF falls into.



Harbor Star Shipping Services, 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.

Harbor Star Shipping Services,'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Harbor Star Shipping Services,'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)
=0.16/131.7762*131.7762
=0.160

Current CPI (Mar. 2024) = 131.7762.

Harbor Star Shipping Services, Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.082 100.560 -0.107
201409 0.000 100.428 0.000
201412 0.001 99.070 0.001
201503 -0.134 99.621 -0.177
201506 -0.131 100.684 -0.171
201509 -0.029 100.392 -0.038
201512 0.055 99.792 0.073
201603 -0.027 100.470 -0.035
201606 0.012 101.688 0.016
201609 0.066 101.861 0.085
201612 -0.074 101.863 -0.096
201703 0.180 102.862 0.231
201706 -0.197 103.349 -0.251
201709 -0.182 104.136 -0.230
201712 0.108 104.011 0.137
201803 -0.262 105.290 -0.328
201806 -0.410 106.317 -0.508
201809 -0.537 106.507 -0.664
201812 0.887 105.998 1.103
201903 -1.022 107.251 -1.256
201906 -0.362 108.070 -0.441
201909 -0.186 108.329 -0.226
201912 0.277 108.420 0.337
202003 0.089 108.902 0.108
202006 0.053 108.767 0.064
202009 0.460 109.815 0.552
202012 0.106 109.897 0.127
202103 0.165 111.754 0.195
202106 -0.133 114.631 -0.153
202109 -0.066 115.734 -0.075
202112 0.448 117.630 0.502
202203 0.202 121.301 0.219
202206 -0.010 125.017 -0.011
202209 0.091 125.227 0.096
202212 0.227 125.222 0.239
202303 0.160 127.348 0.166
202306 0.085 128.729 0.087
202309 0.089 129.860 0.090
202312 0.188 129.419 0.191
202403 0.160 131.776 0.160

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.


Harbor Star Shipping Services,  (PHS:TUGS) 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.


Harbor Star Shipping Services, Cyclically Adjusted Price-to-FCF Related Terms

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


Harbor Star Shipping Services, (PHS:TUGS) Business Description

Traded in Other Exchanges
N/A
Address
2224 A. Bonifacio Street, Corner Pres. Sergio Osmena Highway, Bangkal, Makati, PHL, 1233
Harbor Star Shipping Services, Inc is an integrated maritime service provider. The service lines include harbor assistance, lighterage, towing, ship salvage, marine construction, repair, and maintenance works, wreck removal, firefighting, oil spill abatement and recovery, handling hazardous chemical, ship and crew management, diving and underwater marine works. Other marine services include oil and chemical spill response, diving and underwater work, and ship and crew management.

Harbor Star Shipping Services, (PHS:TUGS) Headlines

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