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Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is Shanghai Jinqiao Export Processing Zone Development Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Jinqiao Export Processing Zone Development Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Jinqiao Export Processing Zone Development 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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Shanghai Jinqiao Export Processing Zone Development Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Jinqiao Export Processing Zone Development 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 - 341.30 89.02 - -

Shanghai Jinqiao Export Processing Zone Development Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Shanghai Jinqiao Export Processing Zone Development Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Shanghai Jinqiao Export Processing Zone Development 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 Jinqiao Export Processing Zone Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Jinqiao Export Processing Zone Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Jinqiao Export Processing Zone Development Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Jinqiao Export Processing Zone Development 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 Jinqiao Export Processing Zone Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Shanghai Jinqiao Export Processing Zone Development Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.11/114.6694*114.6694
=-0.110

Current CPI (Dec. 2023) = 114.6694.

Shanghai Jinqiao Export Processing Zone Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.013 98.600 0.015
201406 -0.038 98.200 -0.044
201409 0.025 98.900 0.029
201412 0.299 99.000 0.346
201503 -0.168 99.900 -0.193
201506 -0.462 99.500 -0.532
201509 -0.019 100.500 -0.022
201512 -1.276 100.600 -1.454
201603 -0.251 102.200 -0.282
201606 0.372 101.400 0.421
201609 0.237 102.400 0.265
201612 0.585 102.600 0.654
201703 -0.010 103.200 -0.011
201706 -0.047 103.100 -0.052
201709 0.289 104.100 0.318
201712 -0.335 104.500 -0.368
201803 -0.636 105.300 -0.693
201806 0.064 104.900 0.070
201809 0.107 106.600 0.115
201812 0.028 106.500 0.030
201903 -0.805 107.700 -0.857
201906 0.189 107.700 0.201
201909 -1.422 109.800 -1.485
201912 0.790 111.200 0.815
202003 -1.494 112.300 -1.526
202006 2.092 110.400 2.173
202009 1.979 111.700 2.032
202012 0.323 111.500 0.332
202103 -0.584 112.662 -0.594
202106 0.256 111.769 0.263
202109 0.265 112.215 0.271
202112 1.041 113.108 1.055
202203 -1.162 114.335 -1.165
202206 0.110 114.558 0.110
202209 -2.754 115.339 -2.738
202212 1.543 115.116 1.537
202303 -0.986 115.116 -0.982
202306 -4.397 114.558 -4.401
202309 -0.503 115.339 -0.500
202312 -0.110 114.669 -0.110

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 Jinqiao Export Processing Zone Development Co  (SHSE:600639) 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 Jinqiao Export Processing Zone Development Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Business Description

Traded in Other Exchanges
Address
No. 28 Jinqiao Road, Shanghai) Free Trade Experimental Zone, Shanghai, CHN, 201206
Shanghai Jinqiao Export Processing Zone Development Co Ltd is a real estate development company. It primarily focuses on industrial real estate and traditional real estate industry development. The company's operations predominantly consist of real estate leasing, real estate sales and serviced apartment leasing.

Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Headlines

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