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BTG Hotels (Group) Co (SHSE:600258) Cyclically Adjusted Price-to-FCF : 9.30 (As of May. 01, 2024)


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What is BTG Hotels (Group) Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), BTG Hotels (Group) Co's current share price is ¥15.34. BTG Hotels (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.65. BTG Hotels (Group) Co's Cyclically Adjusted Price-to-FCF for today is 9.30.

The historical rank and industry rank for BTG Hotels (Group) Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600258' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.38   Med: 16.24   Max: 25.01
Current: 9.27

During the past years, BTG Hotels (Group) Co's highest Cyclically Adjusted Price-to-FCF was 25.01. The lowest was 8.38. And the median was 16.24.

SHSE:600258's Cyclically Adjusted Price-to-FCF is ranked better than
77.43% of 350 companies
in the Travel & Leisure industry
Industry Median: 21.745 vs SHSE:600258: 9.27

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.

BTG Hotels (Group) Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.356. 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 ¥1.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BTG Hotels (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BTG Hotels (Group) 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.

BTG Hotels (Group) Co Cyclically Adjusted Price-to-FCF Chart

BTG Hotels (Group) 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 14.75 17.07 17.72 17.22 9.51

BTG Hotels (Group) 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 15.83 12.21 10.52 9.51 8.65

Competitive Comparison of BTG Hotels (Group) Co's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, BTG Hotels (Group) 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.


BTG Hotels (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BTG Hotels (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BTG Hotels (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



BTG Hotels (Group) 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.

BTG Hotels (Group) Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.34/1.65
=9.30

* 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.

BTG Hotels (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, BTG Hotels (Group) 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)
=0.356/114.6694*114.6694
=0.356

Current CPI (Mar. 2024) = 114.6694.

BTG Hotels (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.145 98.200 0.169
201409 0.168 98.900 0.195
201412 0.365 99.000 0.423
201503 0.151 99.900 0.173
201506 0.284 99.500 0.327
201509 0.576 100.500 0.657
201512 0.403 100.600 0.459
201603 0.355 102.200 0.398
201606 1.149 101.400 1.299
201609 1.658 102.400 1.857
201612 0.658 102.600 0.735
201703 0.013 103.200 0.014
201706 0.511 103.100 0.568
201709 0.693 104.100 0.763
201712 0.345 104.500 0.379
201803 -0.005 105.300 -0.005
201806 0.432 104.900 0.472
201809 0.511 106.600 0.550
201812 0.366 106.500 0.394
201903 -0.094 107.700 -0.100
201906 0.349 107.700 0.372
201909 0.559 109.800 0.584
201912 0.212 111.200 0.219
202003 -0.716 112.300 -0.731
202006 0.167 110.400 0.173
202009 0.297 111.700 0.305
202012 0.113 111.500 0.116
202103 -0.061 112.662 -0.062
202106 0.780 111.769 0.800
202109 0.524 112.215 0.535
202112 0.336 113.108 0.341
202203 -0.160 114.335 -0.160
202206 0.258 114.558 0.258
202209 0.448 115.339 0.445
202212 0.197 115.116 0.196
202303 0.631 115.116 0.629
202306 0.856 114.558 0.857
202309 1.112 115.339 1.106
202312 0.428 114.669 0.428
202403 0.356 114.669 0.356

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.


BTG Hotels (Group) Co  (SHSE:600258) 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.


BTG Hotels (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

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BTG Hotels (Group) Co (SHSE:600258) Business Description

Traded in Other Exchanges
N/A
Address
51 Fuxingmennei Boulevard, Xicheng District, Beijing, CHN, 100031
BTG Hotels (Group) Co Ltd engages in investment and management; hotel operation and management; property management; renting commercial premises; tourism services; development and sales of tourism products; taxi passenger transport; information consulting; exhibition and exhibition activities; catering services; design, production, agency, publishing domestic And foreign businessmen's advertising in China.

BTG Hotels (Group) Co (SHSE:600258) Headlines

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