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Changchun Gas Co (SHSE:600333) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Changchun Gas Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Changchun Gas Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Changchun Gas 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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Changchun Gas Co Cyclically Adjusted Price-to-FCF Chart

Changchun Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Changchun Gas Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Changchun Gas Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, Changchun Gas 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.


Changchun Gas Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Changchun Gas Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Changchun Gas 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.

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

For example, Changchun Gas 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)
=-0.063/115.2271*115.2271
=-0.063

Current CPI (Mar. 2024) = 115.2271.

Changchun Gas Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.281 98.200 -0.330
201409 -0.197 98.900 -0.230
201412 -0.800 99.000 -0.931
201503 -0.261 99.900 -0.301
201506 -0.514 99.500 -0.595
201509 -0.225 100.500 -0.258
201512 -0.228 100.600 -0.261
201603 -0.222 102.200 -0.250
201606 -0.458 101.400 -0.520
201609 -0.074 102.400 -0.083
201612 -0.074 102.600 -0.083
201703 -0.124 103.200 -0.138
201706 -0.178 103.100 -0.199
201709 -0.174 104.100 -0.193
201712 0.051 104.500 0.056
201803 -0.185 105.300 -0.202
201806 -0.080 104.900 -0.088
201809 -0.121 106.600 -0.131
201812 0.055 106.500 0.060
201903 -0.157 107.700 -0.168
201906 -0.082 107.700 -0.088
201909 0.099 109.800 0.104
201912 0.239 111.200 0.248
202003 -0.211 112.300 -0.216
202006 -0.093 110.400 -0.097
202009 -0.094 111.700 -0.097
202012 0.300 111.500 0.310
202103 -0.087 112.662 -0.089
202106 0.024 111.769 0.025
202109 -0.035 112.215 -0.036
202112 0.230 113.108 0.234
202203 -0.181 114.335 -0.182
202206 -0.052 114.558 -0.052
202209 0.026 115.339 0.026
202212 0.114 115.116 0.114
202303 -0.195 115.116 -0.195
202306 -0.007 114.558 -0.007
202309 0.302 115.339 0.302
202312 -0.149 114.781 -0.150
202403 -0.063 115.227 -0.063

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.


Changchun Gas Co  (SHSE:600333) 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.


Changchun Gas Co Cyclically Adjusted Price-to-FCF Related Terms

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Changchun Gas Co (SHSE:600333) Business Description

Traded in Other Exchanges
N/A
Address
No. 421 Yan'an Street, Chaoyang District, Changchun, Jilin, CHN, 130061
Changchun Gas Co Ltd is engaged in the production and supply of gas in China. It engages in the production, sale, storage, transportation, and after-sales service of natural gas for automobiles; operation of gas filling stations.
Executives
Liu Yan Zhi senior management
Liang Yong Xiang Directors, senior managers
Jin Yong Hao senior management
Tong Shao Guang senior management
Sun Ping Director
Sun Shu Huai Directors, senior managers
Zhao Feng Qi Supervisors
Guo Jun Supervisors

Changchun Gas Co (SHSE:600333) Headlines

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