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Zhejiang Longsheng Group Co (SHSE:600352) Cyclically Adjusted Price-to-FCF : 29.23 (As of May. 27, 2024)


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What is Zhejiang Longsheng Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Zhejiang Longsheng Group Co's current share price is ¥9.06. Zhejiang Longsheng Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.31. Zhejiang Longsheng Group Co's Cyclically Adjusted Price-to-FCF for today is 29.23.

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

SHSE:600352' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.07   Med: 45.47   Max: 617.67
Current: 29.49

During the past years, Zhejiang Longsheng Group Co's highest Cyclically Adjusted Price-to-FCF was 617.67. The lowest was 25.07. And the median was 45.47.

SHSE:600352's Cyclically Adjusted Price-to-FCF is ranked worse than
55.6% of 563 companies
in the Chemicals industry
Industry Median: 24.36 vs SHSE:600352: 29.49

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.

Zhejiang Longsheng Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.081. 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 ¥0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Longsheng Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Longsheng 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.

Zhejiang Longsheng Group Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Longsheng 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 - 492.69 57.51 45.06 28.15

Zhejiang Longsheng 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 38.85 31.03 28.82 28.15 27.53

Competitive Comparison of Zhejiang Longsheng Group Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Zhejiang Longsheng 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.


Zhejiang Longsheng Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Longsheng Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Longsheng Group Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Longsheng 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.

Zhejiang Longsheng 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
=9.06/0.31
=29.23

* 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.

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

For example, Zhejiang Longsheng 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)
=-0.081/115.2271*115.2271
=-0.081

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Longsheng Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.237 98.200 0.278
201409 -0.158 98.900 -0.184
201412 0.365 99.000 0.425
201503 -0.083 99.900 -0.096
201506 0.219 99.500 0.254
201509 -0.083 100.500 -0.095
201512 0.288 100.600 0.330
201603 -0.655 102.200 -0.738
201606 -0.846 101.400 -0.961
201609 -0.175 102.400 -0.197
201612 -0.311 102.600 -0.349
201703 -0.486 103.200 -0.543
201706 -0.085 103.100 -0.095
201709 -0.181 104.100 -0.200
201712 0.433 104.500 0.477
201803 -0.202 105.300 -0.221
201806 -0.016 104.900 -0.018
201809 0.042 106.600 0.045
201812 0.206 106.500 0.223
201903 0.210 107.700 0.225
201906 0.480 107.700 0.514
201909 0.268 109.800 0.281
201912 0.839 111.200 0.869
202003 0.269 112.300 0.276
202006 0.217 110.400 0.226
202009 -0.024 111.700 -0.025
202012 0.230 111.500 0.238
202103 0.025 112.662 0.026
202106 0.925 111.769 0.954
202109 0.030 112.215 0.031
202112 0.274 113.108 0.279
202203 -0.007 114.335 -0.007
202206 -0.100 114.558 -0.101
202209 0.275 115.339 0.275
202212 -0.052 115.116 -0.052
202303 0.439 115.116 0.439
202306 0.489 114.558 0.492
202309 -0.017 115.339 -0.017
202312 -0.114 114.781 -0.114
202403 -0.081 115.227 -0.081

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.


Zhejiang Longsheng Group Co  (SHSE:600352) 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.


Zhejiang Longsheng Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Longsheng Group Co (SHSE:600352) Business Description

Traded in Other Exchanges
N/A
Address
Daoxu Town, Shangyu District, Zhejiang Province, Shangyu, CHN, 312368
Zhejiang Longsheng Group Co Ltd is a China-based company principally engaged in the production and sale of dyes and automobile spare parts. It is also involved in the real estate business. The company operates in the business segments of Chemicals, Real Estate, Autoparts, Financial Investment and Others. In the Chemical segment, the product range covers textile chemicals, construction chemicals, fine chemical intermediates, inorganic chemicals and others. In Autoparts segment, the Company focuses on development, production, and sales of auto parts, sales of steel and logistics.
Executives
Zhou Zheng Nan Director
Yao Jian Fang Director
Gong Han Director
Ruan Xing Xiang Director
Luo Bin Director
Ruan Wei Xiang Director
Ruan Xiao Yun Supervisors
Xiang Zhi Feng Director
Wang Yong Supervisors
Xiang Zhi Feng Director
He Xu Bin senior management
Ou Qi senior management
Chang Sheng Director
Chen Yong Yao senior management
Jiang Huo Biao senior management

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