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Shanxi Coking Co (SHSE:600740) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Shanxi Coking Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanxi Coking Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanxi Coking 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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Shanxi Coking Co Cyclically Adjusted Price-to-FCF Chart

Shanxi Coking Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanxi Coking 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 Shanxi Coking Co's Cyclically Adjusted Price-to-FCF

For the Coking Coal subindustry, Shanxi Coking 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.


Shanxi Coking Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shanxi Coking Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shanxi Coking 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.

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

For example, Shanxi Coking 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)
=-0.421/115.2271*115.2271
=-0.421

Current CPI (Mar. 2024) = 115.2271.

Shanxi Coking Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.624 98.200 -0.732
201409 0.177 98.900 0.206
201412 0.008 99.000 0.009
201503 -0.650 99.900 -0.750
201506 -0.252 99.500 -0.292
201509 -0.254 100.500 -0.291
201512 -0.222 100.600 -0.254
201603 -0.294 102.200 -0.331
201606 0.151 101.400 0.172
201609 -0.060 102.400 -0.068
201612 0.784 102.600 0.880
201703 0.062 103.200 0.069
201706 -0.055 103.100 -0.061
201709 0.048 104.100 0.053
201712 0.144 104.500 0.159
201803 0.019 105.300 0.021
201806 0.003 104.900 0.003
201809 -0.048 106.600 -0.052
201812 0.234 106.500 0.253
201903 0.047 107.700 0.050
201906 -0.063 107.700 -0.067
201909 -0.001 109.800 -0.001
201912 -0.010 111.200 -0.010
202003 -0.041 112.300 -0.042
202006 -0.003 110.400 -0.003
202009 -0.031 111.700 -0.032
202012 0.142 111.500 0.147
202103 0.035 112.662 0.036
202106 0.130 111.769 0.134
202109 0.006 112.215 0.006
202112 0.052 113.108 0.053
202203 0.018 114.335 0.018
202206 -0.013 114.558 -0.013
202209 -0.223 115.339 -0.223
202212 -0.123 115.116 -0.123
202303 -0.092 115.116 -0.092
202306 -0.098 114.558 -0.099
202309 -0.344 115.339 -0.344
202312 -0.319 114.781 -0.320
202403 -0.421 115.227 -0.421

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.


Shanxi Coking Co  (SHSE:600740) 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.


Shanxi Coking Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanxi Coking Co (SHSE:600740) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Guangshengsi Town, Hongdong County, Shanxi Province, Linfen, CHN, 041606
Shanxi Coking Co Ltd is a China-based company engaged in the business of coal washing, coking production, coal tar and crude benzene processing, methanol production, electronic technology, chemical design, construction and installation, logistics trade, and property services.

Shanxi Coking Co (SHSE:600740) Headlines

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