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Shandong Molong Petroleum Machinery Co (Shandong Molong Petroleum Machinery Co) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Shandong Molong Petroleum Machinery Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Molong Petroleum Machinery Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shandong Molong Petroleum Machinery Co'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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Shandong Molong Petroleum Machinery Co Cyclically Adjusted Price-to-FCF Chart

Shandong Molong Petroleum Machinery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 88.79

Shandong Molong Petroleum Machinery Co 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 - 192.78 28.17 88.79 -

Competitive Comparison of Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Shandong Molong Petroleum Machinery Co'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.


Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shandong Molong Petroleum Machinery Co's Cyclically Adjusted Price-to-FCF falls into.



Shandong Molong Petroleum Machinery Co 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.

Shandong Molong Petroleum Machinery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Shandong Molong Petroleum Machinery Co'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)
=-0/114.7809*114.7809
=0.000

Current CPI (Dec. 2023) = 114.7809.

Shandong Molong Petroleum Machinery Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.011 98.600 -0.013
201406 0.027 98.200 0.032
201409 -0.002 98.900 -0.002
201412 0.009 99.000 0.010
201503 -0.017 99.900 -0.020
201506 0.018 99.500 0.021
201509 -0.013 100.500 -0.015
201512 -0.033 100.600 -0.038
201603 -0.006 102.200 -0.007
201606 -0.031 101.400 -0.035
201609 -0.031 102.400 -0.035
201612 0.029 102.600 0.032
201703 0.003 103.200 0.003
201706 -0.005 103.100 -0.006
201709 -0.037 104.100 -0.041
201712 -0.013 104.500 -0.014
201803 -0.036 105.300 -0.039
201806 -0.015 104.900 -0.016
201809 0.048 106.600 0.052
201812 0.019 106.500 0.020
201903 0.025 107.700 0.027
201906 0.017 107.700 0.018
201909 0.017 109.800 0.018
201912 0.055 111.200 0.057
202003 -0.024 112.300 -0.025
202006 0.031 110.400 0.032
202009 0.003 111.700 0.003
202012 0.019 111.500 0.020
202103 -0.040 112.662 -0.041
202106 0.032 111.769 0.033
202109 -0.067 112.215 -0.069
202112 0.073 113.108 0.074
202203 -0.017 114.335 -0.017
202206 0.025 114.558 0.025
202209 -0.006 115.339 -0.006
202212 -0.006 115.116 -0.006
202303 0.006 115.116 0.006
202306 -0.010 114.558 -0.010
202309 0.007 115.339 0.007
202312 0.000 114.781 0.000

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.


Shandong Molong Petroleum Machinery Co  (OTCPK:SHANF) 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.


Shandong Molong Petroleum Machinery Co Cyclically Adjusted Price-to-FCF Related Terms

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Shandong Molong Petroleum Machinery Co (Shandong Molong Petroleum Machinery Co) Business Description

Traded in Other Exchanges
Address
No. 99 Xingshang Road, Gucheng Street, Shandong Province, Shouguang, CHN, 262700
Shandong Molong Petroleum Machinery Co Ltd is mainly engaged in design, research and development, processing and manufacturing, sales service and export trade of products for the energy equipment industry. The main products included petroleum-drilling machinery equipment, petroleum and natural gas transportation equipment, petroleum and natural gas exploitation equipment, and major critical components and castings and forgings products. The company's products are mainly used in petroleum, natural gas, coalbed methane, shale gas and other energy drilling, machinery processing, and urban pipe network. The sales of pipe products accounted for over 80% of the company's revenue.

Shandong Molong Petroleum Machinery Co (Shandong Molong Petroleum Machinery Co) Headlines

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