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Probe Gold (Probe Gold) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Probe Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Probe Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Probe Gold'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.

Probe Gold Cyclically Adjusted Price-to-FCF Chart

Probe Gold Annual Data
Trend Apr14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Probe Gold 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 Probe Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Probe Gold'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.


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

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

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



Probe Gold 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.

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

For example, Probe Gold'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)
=-0.025/126.2576*126.2576
=-0.025

Current CPI (Mar. 2024) = 126.2576.

Probe Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.075 98.920 -0.096
201407 -0.052 99.315 -0.066
201410 -0.045 99.473 -0.057
201503 0.006 99.789 0.008
201506 -0.011 100.500 -0.014
201509 -0.006 100.421 -0.008
201512 -0.015 99.947 -0.019
201603 -0.022 101.054 -0.027
201606 -0.022 102.002 -0.027
201609 -0.015 101.765 -0.019
201612 -0.036 101.449 -0.045
201703 -0.029 102.634 -0.036
201706 -0.035 103.029 -0.043
201709 -0.044 103.345 -0.054
201712 -0.040 103.345 -0.049
201803 -0.024 105.004 -0.029
201806 -0.041 105.557 -0.049
201809 -0.034 105.636 -0.041
201812 -0.026 105.399 -0.031
201903 -0.016 106.979 -0.019
201906 -0.014 107.690 -0.016
201909 -0.014 107.611 -0.016
201912 -0.017 107.769 -0.020
202003 -0.020 107.927 -0.023
202006 -0.016 108.401 -0.019
202009 -0.027 108.164 -0.032
202012 -0.026 108.559 -0.030
202103 -0.019 110.298 -0.022
202106 -0.019 111.720 -0.021
202109 -0.026 112.905 -0.029
202112 -0.014 113.774 -0.016
202203 -0.041 117.646 -0.044
202206 -0.053 120.806 -0.055
202209 -0.043 120.648 -0.045
202212 -0.039 120.964 -0.041
202303 -0.032 122.702 -0.033
202306 -0.025 124.203 -0.025
202309 -0.030 125.230 -0.030
202312 -0.026 125.072 -0.026
202403 -0.025 126.258 -0.025

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.


Probe Gold  (OTCPK:PROBF) 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.


Probe Gold Cyclically Adjusted Price-to-FCF Related Terms

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


Probe Gold (Probe Gold) Business Description

Traded in Other Exchanges
Address
56 Temperance Street, Suite 1000, Toronto, ON, CAN, M5H 3V5
Probe Gold Inc is a gold exploration company focused on the acquisition, exploration, and development of prospective gold properties. The company is committed to discovering and developing high-quality gold projects, including its key asset the multimillion-ounce Novador Gold Project, Québec.

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