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Hubei Zhenhua Chemical Co (SHSE:603067) Cyclically Adjusted Price-to-FCF : 76.07 (As of Jun. 15, 2024)


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What is Hubei Zhenhua Chemical Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-15), Hubei Zhenhua Chemical Co's current share price is ¥10.65. Hubei Zhenhua Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.14. Hubei Zhenhua Chemical Co's Cyclically Adjusted Price-to-FCF for today is 76.07.

The historical rank and industry rank for Hubei Zhenhua Chemical Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:603067' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 66.57   Med: 77.79   Max: 87.71
Current: 75.8

During the past years, Hubei Zhenhua Chemical Co's highest Cyclically Adjusted Price-to-FCF was 87.71. The lowest was 66.57. And the median was 77.79.

SHSE:603067's Cyclically Adjusted Price-to-FCF is ranked worse than
82.53% of 578 companies
in the Chemicals industry
Industry Median: 24.55 vs SHSE:603067: 75.80

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.

Hubei Zhenhua Chemical Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.220. 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 ¥0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hubei Zhenhua Chemical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hubei Zhenhua Chemical 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.

Hubei Zhenhua Chemical Co Cyclically Adjusted Price-to-FCF Chart

Hubei Zhenhua Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Hubei Zhenhua Chemical 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 - - - - 62.44

Competitive Comparison of Hubei Zhenhua Chemical Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Hubei Zhenhua Chemical 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.


Hubei Zhenhua Chemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hubei Zhenhua Chemical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hubei Zhenhua Chemical Co's Cyclically Adjusted Price-to-FCF falls into.



Hubei Zhenhua Chemical 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.

Hubei Zhenhua Chemical Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.65/0.14
=76.07

* 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.

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

For example, Hubei Zhenhua Chemical 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)
=-0.22/115.2271*115.2271
=-0.220

Current CPI (Mar. 2024) = 115.2271.

Hubei Zhenhua Chemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 0.022 102.200 0.025
201606 0.236 101.400 0.268
201609 -0.075 102.400 -0.084
201612 -0.009 102.600 -0.010
201703 -0.238 103.200 -0.266
201706 0.013 103.100 0.015
201709 0.091 104.100 0.101
201712 0.085 104.500 0.094
201803 -0.125 105.300 -0.137
201806 0.064 104.900 0.070
201809 -0.015 106.600 -0.016
201812 0.335 106.500 0.362
201903 0.022 107.700 0.024
201906 0.059 107.700 0.063
201909 0.153 109.800 0.161
201912 0.177 111.200 0.183
202003 -0.095 112.300 -0.097
202006 0.196 110.400 0.205
202009 -0.336 111.700 -0.347
202012 -0.030 111.500 -0.031
202103 -0.112 112.662 -0.115
202106 0.213 111.769 0.220
202109 0.220 112.215 0.226
202112 -0.192 113.108 -0.196
202203 0.076 114.335 0.077
202206 0.039 114.558 0.039
202209 0.134 115.339 0.134
202212 0.203 115.116 0.203
202303 -0.220 115.116 -0.220
202306 0.021 114.558 0.021
202309 0.114 115.339 0.114
202312 0.289 114.781 0.290
202403 -0.220 115.227 -0.220

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.


Hubei Zhenhua Chemical Co  (SHSE:603067) 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.


Hubei Zhenhua Chemical Co Cyclically Adjusted Price-to-FCF Related Terms

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Hubei Zhenhua Chemical Co (SHSE:603067) Business Description

Traded in Other Exchanges
N/A
Address
No.:668, Huangshi Road, Xisaishan District, Huangshi, CHN, 435001
Hubei Zhenhua Chemical Co Ltd is mainly engaged in research and development, production and sales of chromium salt products in China. Its products portfolio includes sodium dichromate, chromic anhydride, crystalline chromic anhydride, liquid chromic anhydride, chrome green, potassium dichromate, basic chromium sulfate, vitamin K3, yuan Ming powder, aluminum hydroxide and other products.
Executives
Shi Da Xue Director
Ke Zun You Director
Chen Qian Yan Director
Ke Yu Sheng Director
Cai Zai Hua Director
Duan Xiang Yun Supervisors
Ruan Guo Bin Director
Yang Fan senior management
Zhu Gui Lin senior management
Shi Yi Lang senior management
Li Xue Gang senior management
Ke Min Supervisors
Cheng Liang Rong senior management
Fang Hong Bin Director

Hubei Zhenhua Chemical Co (SHSE:603067) Headlines

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