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China Television Media (SHSE:600088) Cyclically Adjusted Price-to-FCF : 270.40 (As of Sep. 22, 2024)


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What is China Television Media Cyclically Adjusted Price-to-FCF?

As of today (2024-09-22), China Television Media's current share price is ¥13.52. China Television Media's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ¥0.05. China Television Media's Cyclically Adjusted Price-to-FCF for today is 270.40.

The historical rank and industry rank for China Television Media's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600088' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 52.64   Med: 102.86   Max: 1570
Current: 251.92

During the past years, China Television Media's highest Cyclically Adjusted Price-to-FCF was 1570.00. The lowest was 52.64. And the median was 102.86.

SHSE:600088's Cyclically Adjusted Price-to-FCF is ranked worse than
97.63% of 337 companies
in the Media - Diversified industry
Industry Median: 14.87 vs SHSE:600088: 251.92

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.

China Television Media's adjusted free cash flow per share data for the three months ended in Jun. 2024 was ¥-0.006. 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 ¥0.05 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Television Media Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Television Media'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.

China Television Media Cyclically Adjusted Price-to-FCF Chart

China Television Media 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 90.64 211.63 - 754.26 186.80

China Television Media Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2,299.95 1,134.07 186.80 375.32 305.02

Competitive Comparison of China Television Media's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, China Television Media'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.


China Television Media's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Television Media's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Television Media's Cyclically Adjusted Price-to-FCF falls into.



China Television Media 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.

China Television Media's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.52/0.05
=270.40

* 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.

China Television Media's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, China Television Media's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.006/114.7809*114.7809
=-0.006

Current CPI (Jun. 2024) = 114.7809.

China Television Media Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.176 98.900 0.204
201412 0.182 99.000 0.211
201503 -0.209 99.900 -0.240
201506 0.020 99.500 0.023
201509 0.025 100.500 0.029
201512 0.007 100.600 0.008
201603 -0.063 102.200 -0.071
201606 0.084 101.400 0.095
201609 0.005 102.400 0.006
201612 0.307 102.600 0.343
201703 0.012 103.200 0.013
201706 0.099 103.100 0.110
201709 0.021 104.100 0.023
201712 0.101 104.500 0.111
201803 0.029 105.300 0.032
201806 0.012 104.900 0.013
201809 0.103 106.600 0.111
201812 0.273 106.500 0.294
201903 -0.211 107.700 -0.225
201906 -0.008 107.700 -0.009
201909 0.090 109.800 0.094
201912 0.259 111.200 0.267
202003 -0.195 112.300 -0.199
202006 -0.229 110.400 -0.238
202009 -0.064 111.700 -0.066
202012 0.581 111.500 0.598
202103 -0.409 112.662 -0.417
202106 -0.309 111.769 -0.317
202109 -0.133 112.215 -0.136
202112 0.484 113.108 0.491
202203 -0.517 114.335 -0.519
202206 -0.248 114.558 -0.248
202209 -0.173 115.339 -0.172
202212 0.663 115.116 0.661
202303 -0.276 115.116 -0.275
202306 -0.089 114.558 -0.089
202309 -0.117 115.339 -0.116
202312 0.493 114.781 0.493
202403 -0.352 115.227 -0.351
202406 -0.006 114.781 -0.006

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.


China Television Media  (SHSE:600088) 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.


China Television Media Cyclically Adjusted Price-to-FCF Related Terms

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


China Television Media Business Description

Traded in Other Exchanges
N/A
Address
No. 450 Fushan Road, 17F, Pudong, Shanghai, Shanghai, CHN, 200122
China Television Media Ltd is a China-based company engaged in the movies and televisions (TVs) businesses. The movies and TV-related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. The company is also engaged in the provision of related technology services through its subsidiaries.
Executives
Chou Jie Ming Director
Xu Yi Ming senior management
Pang Jian Director

China Television Media Headlines

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