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Shenzhen China Bicycle Co Holding (SZSE:000017) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


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What is Shenzhen China Bicycle Co Holding Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen China Bicycle Co Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenzhen China Bicycle Co Holding'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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Shenzhen China Bicycle Co Holding Cyclically Adjusted Price-to-FCF Chart

Shenzhen China Bicycle Co Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shenzhen China Bicycle Co Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Shenzhen China Bicycle Co Holding's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Shenzhen China Bicycle Co Holding'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.


Shenzhen China Bicycle Co Holding's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shenzhen China Bicycle Co Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenzhen China Bicycle Co Holding's Cyclically Adjusted Price-to-FCF falls into.



Shenzhen China Bicycle Co Holding 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.

Shenzhen China Bicycle Co Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shenzhen China Bicycle Co Holding'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)
=-0.043/115.2271*115.2271
=-0.043

Current CPI (Mar. 2024) = 115.2271.

Shenzhen China Bicycle Co Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.200 0.000
201409 0.001 98.900 0.001
201412 0.001 99.000 0.001
201503 -0.005 99.900 -0.006
201506 -0.006 99.500 -0.007
201509 0.009 100.500 0.010
201512 -0.007 100.600 -0.008
201603 -0.005 102.200 -0.006
201606 -0.004 101.400 -0.005
201609 -0.002 102.400 -0.002
201612 0.014 102.600 0.016
201703 -0.003 103.200 -0.003
201706 -0.013 103.100 -0.015
201709 0.005 104.100 0.006
201712 0.005 104.500 0.006
201803 0.001 105.300 0.001
201806 -0.008 104.900 -0.009
201809 0.007 106.600 0.008
201812 -0.017 106.500 -0.018
201903 -0.012 107.700 -0.013
201906 -0.005 107.700 -0.005
201909 0.003 109.800 0.003
201912 -0.016 111.200 -0.017
202003 0.001 112.300 0.001
202006 0.002 110.400 0.002
202009 0.003 111.700 0.003
202012 0.001 111.500 0.001
202103 0.003 112.662 0.003
202106 -0.007 111.769 -0.007
202109 -0.006 112.215 -0.006
202112 0.043 113.108 0.044
202203 -0.016 114.335 -0.016
202206 -0.001 114.558 -0.001
202209 -0.011 115.339 -0.011
202212 -0.323 115.116 -0.323
202303 -0.011 115.116 -0.011
202306 -0.041 114.558 -0.041
202309 -0.007 115.339 -0.007
202312 0.117 114.781 0.117
202403 -0.043 115.227 -0.043

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.


Shenzhen China Bicycle Co Holding  (SZSE:000017) 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.


Shenzhen China Bicycle Co Holding Cyclically Adjusted Price-to-FCF Related Terms

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Shenzhen China Bicycle Co Holding (SZSE:000017) Business Description

Traded in Other Exchanges
Address
No.31 Bagua Road, 501 Zhongxin Technology Building, Futian District, Bagualing, Shenzhen, CHN, 518029
Shenzhen China Bicycle Co Holding Ltd is a China-based company engaged in the manufacturing and selling of Bicycles. The company belongs to the machinery manufacture industry and mainly engages in the production and assembly of various bicycles and spare parts, components, parts, mechanical products, sports machinery, fine chemicals, carbon fiber composites material, household electrical appliance, and affiliated components. It operates in two segments: Jewelry Gold Business and Bicycle lithium battery materials & other business.
Executives
Zheng Zhong Huan Supervisors
Luo Gui You Director
Xiao Yan Supervisors

Shenzhen China Bicycle Co Holding (SZSE:000017) Headlines

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