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Prime Mining (Prime Mining) Cyclically Adjusted Price-to-FCF : (As of May. 04, 2024)


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What is Prime Mining Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Prime Mining'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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Prime Mining Cyclically Adjusted Price-to-FCF Chart

Prime Mining Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Prime Mining Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of Prime Mining's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Prime Mining'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.


Prime Mining's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Prime Mining's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Prime Mining 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.

Prime Mining's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Prime Mining's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.031/125.4675*125.4675
=-0.031

Current CPI (Dec. 2023) = 125.4675.

Prime Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201310 -0.002 97.182 -0.003
201401 -0.002 97.261 -0.003
201404 -0.002 98.920 -0.003
201407 -0.005 99.315 -0.006
201410 -0.003 99.473 -0.004
201501 -0.001 98.209 -0.001
201504 -0.002 99.710 -0.003
201507 -0.002 100.579 -0.002
201510 -0.002 100.500 -0.002
201601 -0.001 100.184 -0.001
201604 -0.001 101.370 -0.001
201607 0.000 101.844 0.000
201610 -0.007 102.002 -0.009
201701 -0.002 102.318 -0.002
201704 -0.008 103.029 -0.010
201707 -0.002 103.029 -0.002
201710 -0.014 103.424 -0.017
201801 -0.031 104.056 -0.037
201804 -0.018 105.320 -0.021
201807 -0.015 106.110 -0.018
201810 -0.010 105.952 -0.012
201901 -0.008 105.557 -0.010
201904 -0.005 107.453 -0.006
201907 -0.003 108.243 -0.003
201910 -0.100 107.927 -0.116
202001 -0.015 108.085 -0.017
202004 -0.018 107.216 -0.021
202007 -0.012 108.401 -0.014
202010 -0.011 108.638 -0.013
202101 0.007 109.192 0.008
202104 -0.045 110.851 -0.051
202107 -0.029 112.431 -0.032
202110 -0.024 113.695 -0.026
202203 -0.042 117.646 -0.045
202206 -0.049 120.806 -0.051
202209 -0.034 120.648 -0.035
202212 -0.034 120.964 -0.035
202303 -0.030 122.702 -0.031
202309 0.000 125.230 0.000
202312 -0.031 125.468 -0.031

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.


Prime Mining  (OTCPK:PRMNF) 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.


Prime Mining Cyclically Adjusted Price-to-FCF Related Terms

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Prime Mining (Prime Mining) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
Prime Mining Corp is engaged in the acquisition, exploration, and development of mineral resource properties, primarily targeting high-value and specialty metals. The company's projects include Los Reyes; Magenta and others. The Company has one operating segment, which is the acquisition and exploration of mineral properties.