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Beijing Tongrentang Co (SHSE:600085) Cyclically Adjusted Price-to-FCF : 50.12 (As of May. 16, 2024)


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What is Beijing Tongrentang Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Beijing Tongrentang Co's current share price is ¥46.61. Beijing Tongrentang Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.93. Beijing Tongrentang Co's Cyclically Adjusted Price-to-FCF for today is 50.12.

The historical rank and industry rank for Beijing Tongrentang Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600085' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 42.26   Med: 72.02   Max: 159.32
Current: 47.64

During the past years, Beijing Tongrentang Co's highest Cyclically Adjusted Price-to-FCF was 159.32. The lowest was 42.26. And the median was 72.02.

SHSE:600085's Cyclically Adjusted Price-to-FCF is ranked worse than
63.91% of 327 companies
in the Drug Manufacturers industry
Industry Median: 33.34 vs SHSE:600085: 47.64

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Beijing Tongrentang Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.256. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥0.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Tongrentang Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Tongrentang 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.

* Premium members only.

Beijing Tongrentang Co Cyclically Adjusted Price-to-FCF Chart

Beijing Tongrentang 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 56.71 45.20 61.79 50.29 55.09

Beijing Tongrentang 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 58.60 57.15 54.04 55.09 43.90

Competitive Comparison of Beijing Tongrentang Co's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Beijing Tongrentang 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.


Beijing Tongrentang Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Beijing Tongrentang Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Tongrentang Co's Cyclically Adjusted Price-to-FCF falls into.



Beijing Tongrentang 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.

Beijing Tongrentang Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=46.61/0.93
=50.12

* 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.

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

For example, Beijing Tongrentang Co'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)
=-0.256/114.6694*114.6694
=-0.256

Current CPI (Mar. 2024) = 114.6694.

Beijing Tongrentang Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.053 98.200 0.062
201409 -0.093 98.900 -0.108
201412 0.009 99.000 0.010
201503 0.117 99.900 0.134
201506 0.164 99.500 0.189
201509 -0.038 100.500 -0.043
201512 -0.029 100.600 -0.033
201603 0.127 102.200 0.142
201606 0.158 101.400 0.179
201609 -0.013 102.400 -0.015
201612 -0.022 102.600 -0.025
201703 0.064 103.200 0.071
201706 0.328 103.100 0.365
201709 -0.004 104.100 -0.004
201712 0.119 104.500 0.131
201803 0.236 105.300 0.257
201806 0.291 104.900 0.318
201809 0.275 106.600 0.296
201812 0.156 106.500 0.168
201903 0.199 107.700 0.212
201906 0.370 107.700 0.394
201909 0.535 109.800 0.559
201912 0.224 111.200 0.231
202003 0.192 112.300 0.196
202006 0.230 110.400 0.239
202009 0.377 111.700 0.387
202012 -0.051 111.500 -0.052
202103 0.591 112.662 0.602
202106 0.627 111.769 0.643
202109 0.306 112.215 0.313
202112 0.630 113.108 0.639
202203 0.647 114.335 0.649
202206 0.633 114.558 0.634
202209 0.327 115.339 0.325
202212 0.409 115.116 0.407
202303 0.799 115.116 0.796
202306 0.828 114.558 0.829
202309 -0.020 115.339 -0.020
202312 -0.483 114.669 -0.483
202403 -0.256 114.669 -0.256

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.


Beijing Tongrentang Co  (SHSE:600085) 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.


Beijing Tongrentang Co Cyclically Adjusted Price-to-FCF Related Terms

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Beijing Tongrentang Co (SHSE:600085) Business Description

Traded in Other Exchanges
N/A
Address
No. 52 Dong Xing Long Street, Chongwen District, Beijing, Beijing, CHN, 100062
Beijing Tongrentang Co Ltd is a China-based company operating in the traditional Chinese medicinal industry. The company produces modern pharmaceuticals and operates retail businesses and medical services. Its products are Children Qingfei oral liquid, Rana oil granules, Ejiao, and others.

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