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Pingdingshan Tianan Coal Mining Co (SHSE:601666) Cyclically Adjusted Price-to-FCF : 43.55 (As of May. 26, 2024)


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What is Pingdingshan Tianan Coal Mining Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Pingdingshan Tianan Coal Mining Co's current share price is ¥12.63. Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.29. Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted Price-to-FCF for today is 43.55.

The historical rank and industry rank for Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:601666' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.93   Med: 56.48   Max: 227.33
Current: 44.28

During the past years, Pingdingshan Tianan Coal Mining Co's highest Cyclically Adjusted Price-to-FCF was 227.33. The lowest was 26.93. And the median was 56.48.

SHSE:601666's Cyclically Adjusted Price-to-FCF is ranked worse than
89.33% of 75 companies
in the Other Energy Sources industry
Industry Median: 11.66 vs SHSE:601666: 44.28

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.

Pingdingshan Tianan Coal Mining Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.623. 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 ¥0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pingdingshan Tianan Coal Mining Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pingdingshan Tianan Coal Mining 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.

Pingdingshan Tianan Coal Mining Co Cyclically Adjusted Price-to-FCF Chart

Pingdingshan Tianan Coal Mining 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 - - - 109.41 45.73

Pingdingshan Tianan Coal Mining 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 72.51 26.76 37.14 45.73 43.02

Competitive Comparison of Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted Price-to-FCF

For the Thermal Coal subindustry, Pingdingshan Tianan Coal Mining 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.


Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted Price-to-FCF falls into.



Pingdingshan Tianan Coal Mining 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.

Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.63/0.29
=43.55

* 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.

Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pingdingshan Tianan Coal Mining 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)
=0.623/115.2271*115.2271
=0.623

Current CPI (Mar. 2024) = 115.2271.

Pingdingshan Tianan Coal Mining Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.248 98.200 -0.291
201409 -0.542 98.900 -0.631
201412 -0.651 99.000 -0.758
201503 0.169 99.900 0.195
201506 -0.682 99.500 -0.790
201509 -0.678 100.500 -0.777
201512 0.603 100.600 0.691
201603 -0.282 102.200 -0.318
201606 0.716 101.400 0.814
201609 -0.265 102.400 -0.298
201612 0.728 102.600 0.818
201703 -0.149 103.200 -0.166
201706 -0.283 103.100 -0.316
201709 0.223 104.100 0.247
201712 0.808 104.500 0.891
201803 0.253 105.300 0.277
201806 0.132 104.900 0.145
201809 0.747 106.600 0.807
201812 -0.345 106.500 -0.373
201903 0.111 107.700 0.119
201906 0.437 107.700 0.468
201909 -0.511 109.800 -0.536
201912 -0.288 111.200 -0.298
202003 -0.770 112.300 -0.790
202006 -0.489 110.400 -0.510
202009 0.789 111.700 0.814
202012 -0.069 111.500 -0.071
202103 0.478 112.662 0.489
202106 0.987 111.769 1.018
202109 0.422 112.215 0.433
202112 0.226 113.108 0.230
202203 0.429 114.335 0.432
202206 0.852 114.558 0.857
202209 -0.259 115.339 -0.259
202212 0.012 115.116 0.012
202303 0.607 115.116 0.608
202306 0.571 114.558 0.574
202309 -0.702 115.339 -0.701
202312 -0.819 114.781 -0.822
202403 0.623 115.227 0.623

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.


Pingdingshan Tianan Coal Mining Co  (SHSE:601666) 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.


Pingdingshan Tianan Coal Mining Co Cyclically Adjusted Price-to-FCF Related Terms

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Pingdingshan Tianan Coal Mining Co (SHSE:601666) Business Description

Traded in Other Exchanges
N/A
Address
No. 21 Kuanggong Middle Road, Pingtingshan, Henan, CHN, 467000
Pingdingshan Tianan Coal Mining Co Ltd is engaged in the business of coal mining, coal washing, and processing and coal sales. The product portfolio includes power coal and smelting clean coal.
Executives
Xu Jin Feng senior management
Wang Xin Yi Directors, senior managers
Wang Qi Shan Director

Pingdingshan Tianan Coal Mining Co (SHSE:601666) Headlines

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