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China Petroleum & Chemical (STU:CHUA) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is China Petroleum & Chemical Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Petroleum & Chemical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Petroleum & Chemical'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 Petroleum & Chemical Cyclically Adjusted Price-to-FCF Chart

China Petroleum & Chemical Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.83 16.52 9.98 7.00 7.61

China Petroleum & Chemical Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.42 7.61 9.31 9.60 7.56

Competitive Comparison of China Petroleum & Chemical's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical'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 Petroleum & Chemical's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Petroleum & Chemical's Cyclically Adjusted Price-to-FCF falls into.



China Petroleum & Chemical 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 Petroleum & Chemical's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, China Petroleum & Chemical's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4.49/115.3387*115.3387
=4.490

Current CPI (Sep. 2023) = 115.3387.

China Petroleum & Chemical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -4.843 97.624 -5.722
201403 -1.890 98.600 -2.211
201406 2.077 98.200 2.439
201409 3.068 98.900 3.578
201412 0.546 99.000 0.636
201503 -3.080 99.900 -3.556
201506 4.674 99.500 5.418
201509 3.772 100.500 4.329
201512 2.572 100.600 2.949
201603 1.891 102.200 2.134
201606 3.145 101.400 3.577
201609 4.659 102.400 5.248
201612 6.990 102.600 7.858
201703 -0.112 103.200 -0.125
201706 3.835 103.100 4.290
201709 3.810 104.100 4.221
201712 6.000 104.500 6.622
201803 -0.554 105.300 -0.607
201806 4.860 104.900 5.344
201809 5.004 106.600 5.414
201812 -0.671 106.500 -0.727
201903 -3.979 107.700 -4.261
201906 2.903 107.700 3.109
201909 2.442 109.800 2.565
201912 1.045 111.200 1.084
202003 -9.425 112.300 -9.680
202006 8.358 110.400 8.732
202009 1.941 111.700 2.004
202012 4.041 111.500 4.180
202103 -3.825 112.662 -3.916
202106 3.717 111.769 3.836
202109 4.319 112.215 4.439
202112 6.729 113.108 6.862
202203 -9.296 114.335 -9.378
202206 3.355 114.558 3.378
202209 3.193 115.339 3.193
202212 -1.630 115.116 -1.633
202303 -5.189 115.116 -5.199
202306 -0.613 114.558 -0.617
202309 4.490 115.339 4.490

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 Petroleum & Chemical  (STU:CHUA) 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 Petroleum & Chemical Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of China Petroleum & Chemical's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


China Petroleum & Chemical (STU:CHUA) Business Description

Address
No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.

China Petroleum & Chemical (STU:CHUA) Headlines

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