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Tibet Tourism Co (SHSE:600749) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Tibet Tourism Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tibet Tourism Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tibet Tourism 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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Tibet Tourism Co Cyclically Adjusted Price-to-FCF Chart

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

For the Lodging subindustry, Tibet Tourism 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.


Tibet Tourism Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tibet Tourism Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tibet Tourism 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.

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

For example, Tibet Tourism 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)
=-0.096/115.2271*115.2271
=-0.096

Current CPI (Mar. 2024) = 115.2271.

Tibet Tourism Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.195 98.200 -0.229
201409 -0.021 98.900 -0.024
201412 -0.255 99.000 -0.297
201503 -0.136 99.900 -0.157
201506 0.049 99.500 0.057
201509 0.142 100.500 0.163
201512 -0.135 100.600 -0.155
201603 -0.920 102.200 -1.037
201606 0.448 101.400 0.509
201609 0.118 102.400 0.133
201612 -0.270 102.600 -0.303
201703 -0.141 103.200 -0.157
201706 -0.049 103.100 -0.055
201709 0.097 104.100 0.107
201712 -0.040 104.500 -0.044
201803 -0.169 105.300 -0.185
201806 -0.033 104.900 -0.036
201809 -0.110 106.600 -0.119
201812 0.130 106.500 0.141
201903 -0.120 107.700 -0.128
201906 0.091 107.700 0.097
201909 -0.036 109.800 -0.038
201912 -0.056 111.200 -0.058
202003 -0.160 112.300 -0.164
202006 -0.122 110.400 -0.127
202009 0.164 111.700 0.169
202012 -0.111 111.500 -0.115
202103 -0.166 112.662 -0.170
202106 0.091 111.769 0.094
202109 -0.097 112.215 -0.100
202112 0.080 113.108 0.081
202203 -0.228 114.335 -0.230
202206 0.022 114.558 0.022
202209 0.048 115.339 0.048
202212 -0.001 115.116 -0.001
202303 -0.150 115.116 -0.150
202306 0.073 114.558 0.073
202309 0.245 115.339 0.245
202312 0.104 114.781 0.104
202403 -0.096 115.227 -0.096

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.


Tibet Tourism Co  (SHSE:600749) 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.


Tibet Tourism Co Cyclically Adjusted Price-to-FCF Related Terms

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Tibet Tourism Co (SHSE:600749) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Linguo East Road, Tibet Autonomous Region, Lasa, CHN, 850000
Tibet Tourism Co Ltd is a China-based company engaged in the tourism services and hotel services industries. The company operates at Yarlung Tsangpo Grand Canyon, Tibet, China, operating sightseeing boats, catering, and other services.

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