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ROK Resources (ROK Resources) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is ROK Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ROK Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ROK Resources'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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ROK Resources Cyclically Adjusted Price-to-FCF Chart

ROK Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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ROK Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of ROK Resources's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, ROK Resources'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.


ROK Resources's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ROK Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ROK Resources 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.

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

For example, ROK Resources'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)
=-0.02/125.0724*125.0724
=-0.020

Current CPI (Dec. 2023) = 125.0724.

ROK Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.259 98.604 -0.329
201406 -0.322 99.473 -0.405
201409 -0.180 99.394 -0.227
201412 -0.150 98.367 -0.191
201503 -0.127 99.789 -0.159
201506 -0.265 100.500 -0.330
201509 -0.099 100.421 -0.123
201512 -0.132 99.947 -0.165
201603 -0.104 101.054 -0.129
201606 -0.008 102.002 -0.010
201609 -0.010 101.765 -0.012
201612 -0.016 101.449 -0.020
201703 -0.020 102.634 -0.024
201706 -0.008 103.029 -0.010
201709 -0.004 103.345 -0.005
201712 -0.002 103.345 -0.002
201803 -0.012 105.004 -0.014
201806 -0.003 105.557 -0.004
201809 -0.001 105.636 -0.001
201812 0.000 105.399 0.000
201903 -0.001 106.979 -0.001
201906 -0.003 107.690 -0.003
201909 -0.001 107.611 -0.001
201912 -0.006 107.769 -0.007
202003 -0.003 107.927 -0.003
202006 -0.003 108.401 -0.003
202009 -0.006 108.164 -0.007
202012 -0.009 108.559 -0.010
202103 -0.003 110.298 -0.003
202106 -0.056 111.720 -0.063
202109 -0.021 112.905 -0.023
202112 0.048 113.774 0.053
202203 -0.017 117.646 -0.018
202206 0.059 120.806 0.061
202209 0.002 120.648 0.002
202212 -0.008 120.964 -0.008
202303 0.003 122.702 0.003
202306 0.020 124.203 0.020
202309 -0.008 125.230 -0.008
202312 -0.020 125.072 -0.020

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.


ROK Resources  (OTCPK:ROKRF) 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.


ROK Resources Cyclically Adjusted Price-to-FCF Related Terms

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


ROK Resources (ROK Resources) Business Description

Industry
Traded in Other Exchanges
Address
250 - 5th Street SW, Suite 750, Calgary, AB, CAN, T2P 0R4
ROK Resources Inc is an oil and natural gas exploration company. The company is engaged in petroleum and natural gas exploration and development activities in Western Canada.