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Shanghai Chlor-alkali Chemical Co (SHSE:600618) Cyclically Adjusted Price-to-FCF : 41.96 (As of May. 16, 2024)


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What is Shanghai Chlor-alkali Chemical Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Shanghai Chlor-alkali Chemical Co's current share price is ¥9.65. Shanghai Chlor-alkali Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.23. Shanghai Chlor-alkali Chemical Co's Cyclically Adjusted Price-to-FCF for today is 41.96.

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

SHSE:600618' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.12   Med: 41.3   Max: 129.29
Current: 43.35

During the past years, Shanghai Chlor-alkali Chemical Co's highest Cyclically Adjusted Price-to-FCF was 129.29. The lowest was 21.12. And the median was 41.30.

SHSE:600618's Cyclically Adjusted Price-to-FCF is ranked worse than
66.67% of 576 companies
in the Chemicals industry
Industry Median: 25.375 vs SHSE:600618: 43.35

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.

Shanghai Chlor-alkali Chemical Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.102. 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 ¥0.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Chlor-alkali Chemical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Chlor-alkali Chemical 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.

Shanghai Chlor-alkali Chemical Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Chlor-alkali Chemical 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 21.65 24.61 39.64 38.98 39.55

Shanghai Chlor-alkali Chemical 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 42.87 38.89 34.76 39.55 36.01

Competitive Comparison of Shanghai Chlor-alkali Chemical Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Shanghai Chlor-alkali Chemical 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.


Shanghai Chlor-alkali Chemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Chlor-alkali Chemical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Chlor-alkali Chemical Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Chlor-alkali Chemical 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.

Shanghai Chlor-alkali Chemical Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.65/0.23
=41.96

* 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.

Shanghai Chlor-alkali Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Chlor-alkali Chemical 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)
=-0.102/114.6694*114.6694
=-0.102

Current CPI (Mar. 2024) = 114.6694.

Shanghai Chlor-alkali Chemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.089 98.200 -0.104
201409 -0.015 98.900 -0.017
201412 -0.203 99.000 -0.235
201503 -0.070 99.900 -0.080
201506 0.073 99.500 0.084
201509 0.003 100.500 0.003
201512 0.159 100.600 0.181
201603 0.082 102.200 0.092
201606 0.076 101.400 0.086
201609 0.037 102.400 0.041
201612 0.166 102.600 0.186
201703 0.054 103.200 0.060
201706 0.119 103.100 0.132
201709 0.089 104.100 0.098
201712 0.523 104.500 0.574
201803 -0.025 105.300 -0.027
201806 0.052 104.900 0.057
201809 0.373 106.600 0.401
201812 0.292 106.500 0.314
201903 -0.085 107.700 -0.091
201906 0.203 107.700 0.216
201909 0.214 109.800 0.223
201912 0.270 111.200 0.278
202003 -0.108 112.300 -0.110
202006 0.186 110.400 0.193
202009 0.092 111.700 0.094
202012 -0.024 111.500 -0.025
202103 -0.141 112.662 -0.144
202106 -0.187 111.769 -0.192
202109 0.115 112.215 0.118
202112 0.320 113.108 0.324
202203 -0.410 114.335 -0.411
202206 0.151 114.558 0.151
202209 -0.040 115.339 -0.040
202212 -0.065 115.116 -0.065
202303 -0.147 115.116 -0.146
202306 -0.021 114.558 -0.021
202309 0.225 115.339 0.224
202312 -0.046 114.669 -0.046
202403 -0.102 114.669 -0.102

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.


Shanghai Chlor-alkali Chemical Co  (SHSE:600618) 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.


Shanghai Chlor-alkali Chemical Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Chlor-alkali Chemical Co (SHSE:600618) Business Description

Traded in Other Exchanges
Address
4747 Longwu Road, Shanghai, CHN, 00241
Shanghai Chlor-alkali Chemical Co Ltd produces chemical products. The company's product portfolio includes sodium hydroxide, chlorine, chlorine products, polyvinyl chloride plastics resin and the products. It is focused on export markets in the Middle East, South America, and Africa for its sales performance. Its majority of revenues are from the production and sale of Chlorine products.

Shanghai Chlor-alkali Chemical Co (SHSE:600618) Headlines

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