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Beijing Hanjian Heshan Pipeline Co (SHSE:603616) Cyclically Adjusted Price-to-FCF : (As of Jul. 04, 2025)


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What is Beijing Hanjian Heshan Pipeline Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Hanjian Heshan Pipeline Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Hanjian Heshan Pipeline 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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Beijing Hanjian Heshan Pipeline Co Cyclically Adjusted Price-to-FCF Chart

Beijing Hanjian Heshan Pipeline Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Beijing Hanjian Heshan Pipeline Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Beijing Hanjian Heshan Pipeline Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Beijing Hanjian Heshan Pipeline 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.


Beijing Hanjian Heshan Pipeline Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Beijing Hanjian Heshan Pipeline Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Hanjian Heshan Pipeline Co's Cyclically Adjusted Price-to-FCF falls into.


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Beijing Hanjian Heshan Pipeline 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.

Beijing Hanjian Heshan Pipeline Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Beijing Hanjian Heshan Pipeline Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.236/115.1156*115.1156
=-0.236

Current CPI (Mar. 2025) = 115.1156.

Beijing Hanjian Heshan Pipeline Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.374 99.500 -0.433
201509 -0.933 100.500 -1.069
201512 0.892 100.600 1.021
201603 0.014 102.200 0.016
201606 -0.560 101.400 -0.636
201609 0.323 102.400 0.363
201612 0.129 102.600 0.145
201703 -0.250 103.200 -0.279
201706 -0.264 103.100 -0.295
201709 0.218 104.100 0.241
201712 -0.273 104.500 -0.301
201803 -0.359 105.300 -0.392
201806 -0.217 104.900 -0.238
201809 -0.007 106.600 -0.008
201812 0.711 106.500 0.769
201903 -0.223 107.700 -0.238
201906 0.044 107.700 0.047
201909 -0.167 109.800 -0.175
201912 0.630 111.200 0.652
202003 0.087 112.300 0.089
202006 0.197 110.400 0.205
202009 0.494 111.700 0.509
202012 -0.145 111.500 -0.150
202103 -0.224 112.662 -0.229
202106 0.376 111.769 0.387
202109 -0.393 112.215 -0.403
202112 -0.073 113.108 -0.074
202203 0.060 114.335 0.060
202206 -0.162 114.558 -0.163
202209 -0.025 115.339 -0.025
202212 0.246 115.116 0.246
202303 -0.273 115.116 -0.273
202306 0.096 114.558 0.096
202309 0.020 115.339 0.020
202312 0.151 114.781 0.151
202403 0.106 115.227 0.106
202406 -0.017 114.781 -0.017
202409 -0.253 115.785 -0.252
202412 0.220 114.893 0.220
202503 -0.236 115.116 -0.236

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.


Beijing Hanjian Heshan Pipeline Co  (SHSE:603616) 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.


Beijing Hanjian Heshan Pipeline Co Cyclically Adjusted Price-to-FCF Related Terms

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Beijing Hanjian Heshan Pipeline Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Block C, Yayuan Commercial Building, Nature New City, Hancunhe Village, Hancunhe Town, Fangshan District, Beijing, CHN, 102488
Beijing Hanjian Heshan Pipeline Co Ltd is engaged in the production of pre-stressed steel cylinder concrete pipe (PCCP), pressure steel pipe and pressure steel pipe, drainage pipe, commercial concrete. The company's main products are PCCP of DN600-DN4000, full range of concrete drainage pipes (RCP) of DN300-DN3000, concrete of various strength grades and special concrete.
Executives
Tian Yu Bo Director
Fu Li Qiang Director
Gao Ling Xia Supervisors
Wei Liang Bin Director
Kui He Shuang Director
Sun Xue Director
Liu Jiang Ning Director
Tian Guang Liang Director
Li De Kui Supervisors
Liu Fu Hai senior management

Beijing Hanjian Heshan Pipeline Co Headlines

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