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Zhejiang Qianjiang Biochemical Co (SHSE:600796) Cyclically Adjusted Price-to-FCF : (As of Dec. 14, 2024)


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What is Zhejiang Qianjiang Biochemical Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Qianjiang Biochemical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Qianjiang Biochemical 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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Zhejiang Qianjiang Biochemical Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Qianjiang Biochemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Zhejiang Qianjiang Biochemical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Zhejiang Qianjiang Biochemical Co's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, Zhejiang Qianjiang Biochemical 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 Qianjiang Biochemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

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

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



Zhejiang Qianjiang Biochemical 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 Qianjiang Biochemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Zhejiang Qianjiang Biochemical Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.199/115.7848*115.7848
=-0.199

Current CPI (Sep. 2024) = 115.7848.

Zhejiang Qianjiang Biochemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.099 99.000 0.116
201503 -0.029 99.900 -0.034
201506 0.062 99.500 0.072
201509 -0.043 100.500 -0.050
201512 0.068 100.600 0.078
201603 0.022 102.200 0.025
201606 -0.022 101.400 -0.025
201609 -0.025 102.400 -0.028
201612 0.001 102.600 0.001
201703 -0.001 103.200 -0.001
201706 0.053 103.100 0.060
201709 -0.014 104.100 -0.016
201712 0.049 104.500 0.054
201803 0.019 105.300 0.021
201806 0.048 104.900 0.053
201809 -0.051 106.600 -0.055
201812 -0.006 106.500 -0.007
201903 -0.125 107.700 -0.134
201906 0.058 107.700 0.062
201909 -0.085 109.800 -0.090
201912 0.167 111.200 0.174
202003 -0.087 112.300 -0.090
202006 -0.091 110.400 -0.095
202009 -0.079 111.700 -0.082
202012 0.214 111.500 0.222
202103 -1.210 112.662 -1.244
202106 0.103 111.769 0.107
202109 0.007 112.215 0.007
202112 0.118 113.108 0.121
202203 -0.033 114.335 -0.033
202206 -0.003 114.558 -0.003
202209 0.072 115.339 0.072
202212 0.006 115.116 0.006
202303 -0.049 115.116 -0.049
202306 -0.035 114.558 -0.035
202309 0.060 115.339 0.060
202312 0.148 114.781 0.149
202403 -0.344 115.227 -0.346
202406 -0.133 114.781 -0.134
202409 -0.199 115.785 -0.199

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 Qianjiang Biochemical Co  (SHSE:600796) 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 Qianjiang Biochemical Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Qianjiang Biochemical Co Business Description

Traded in Other Exchanges
N/A
Address
No.178 Qianjiang West Road, Haizhou Street, Qianjiang Building, Zhejiang Province, Haining, CHN, 314400
Zhejiang Qianjiang Biochemical Co Ltd is primarily engaged in the production of bio-pesticides, bio-veterinary drugs, and biopharmaceuticals. The company's product profile includes gibberellic acid, abamectin, methylamino abamectin, validamycin, and other products.
Executives
Zhu Jin Shan Director
Shen Jian Hao senior management
Huang Yong You senior management
Gao Yun Yue Director
Zhu Yi Tong Director
Zheng Wei Jian Director
Hu Ming Director
Si Wen Supervisors
Song Jiang Lin senior management
Zhu Bing Qi Supervisors
Yu Qiang Supervisors
Fan Ke Sen Supervisors
Qiu Guo Yin senior management
Xu Hai Ying Supervisors
Gu Jian Zhong Supervisors

Zhejiang Qianjiang Biochemical Co Headlines

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