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China Pacific Insurance (Group) Co (SHSE:601601) Cyclically Adjusted Price-to-FCF : 2.64 (As of May. 15, 2024)


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What is China Pacific Insurance (Group) Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), China Pacific Insurance (Group) Co's current share price is ¥27.30. China Pacific Insurance (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥10.33. China Pacific Insurance (Group) Co's Cyclically Adjusted Price-to-FCF for today is 2.64.

The historical rank and industry rank for China Pacific Insurance (Group) Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:601601' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.01   Med: 4.53   Max: 8.08
Current: 2.68

During the past years, China Pacific Insurance (Group) Co's highest Cyclically Adjusted Price-to-FCF was 8.08. The lowest was 2.01. And the median was 4.53.

SHSE:601601's Cyclically Adjusted Price-to-FCF is ranked better than
88.04% of 326 companies
in the Insurance industry
Industry Median: 11.16 vs SHSE:601601: 2.68

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.

China Pacific Insurance (Group) Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥5.077. 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 ¥10.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Pacific Insurance (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Pacific Insurance (Group) 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.

China Pacific Insurance (Group) Co Cyclically Adjusted Price-to-FCF Chart

China Pacific Insurance (Group) 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 4.96 4.86 3.26 2.66 2.37

China Pacific Insurance (Group) 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 2.71 2.68 2.88 2.37 2.23

Competitive Comparison of China Pacific Insurance (Group) Co's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, China Pacific Insurance (Group) 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.


China Pacific Insurance (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Pacific Insurance (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Pacific Insurance (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



China Pacific Insurance (Group) 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.

China Pacific Insurance (Group) Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.30/10.33
=2.64

* 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.

China Pacific Insurance (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Pacific Insurance (Group) 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)
=5.077/114.6694*114.6694
=5.077

Current CPI (Mar. 2024) = 114.6694.

China Pacific Insurance (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.652 98.200 0.761
201409 0.650 98.900 0.754
201412 0.852 99.000 0.987
201503 0.659 99.900 0.756
201506 0.748 99.500 0.862
201509 1.090 100.500 1.244
201512 1.664 100.600 1.897
201603 1.708 102.200 1.916
201606 0.839 101.400 0.949
201609 1.790 102.400 2.004
201612 1.999 102.600 2.234
201703 2.801 103.200 3.112
201706 1.578 103.100 1.755
201709 2.586 104.100 2.849
201712 2.071 104.500 2.273
201803 4.686 105.300 5.103
201806 1.092 104.900 1.194
201809 2.097 106.600 2.256
201812 1.504 106.500 1.619
201903 5.017 107.700 5.342
201906 1.996 107.700 2.125
201909 2.632 109.800 2.749
201912 2.276 111.200 2.347
202003 4.814 112.300 4.916
202006 2.503 110.400 2.600
202009 1.439 111.700 1.477
202012 2.535 111.500 2.607
202103 3.713 112.662 3.779
202106 2.310 111.769 2.370
202109 1.564 112.215 1.598
202112 3.300 113.108 3.346
202203 4.906 114.335 4.920
202206 3.734 114.558 3.738
202209 2.162 115.339 2.149
202212 3.733 115.116 3.719
202303 5.085 115.116 5.065
202306 3.691 114.558 3.695
202309 2.583 115.339 2.568
202312 2.552 114.669 2.552
202403 5.077 114.669 5.077

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.


China Pacific Insurance (Group) Co  (SHSE:601601) 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.


China Pacific Insurance (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

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China Pacific Insurance (Group) Co (SHSE:601601) Business Description

Traded in Other Exchanges
Address
1 South Zhongshan Road, Huangpu, Shanghai, CHN, 200010
China Pacific Insurance was established in 1988, with headquarter in Beijing. The company is one of the largest providers of life and general insurance products and services. It is China's third-largest life insurer and third-largest general property and casualty insurer. The company strives for an integrated financial services platform that consists of insurance, banking, and asset management.

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