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Zhejiang Int'l Group Co (SZSE:000411) Cyclically Adjusted Price-to-FCF : 26.88 (As of May. 23, 2024)


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What is Zhejiang Int'l Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Zhejiang Int'l Group Co's current share price is ¥10.75. Zhejiang Int'l Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.40. Zhejiang Int'l Group Co's Cyclically Adjusted Price-to-FCF for today is 26.88.

The historical rank and industry rank for Zhejiang Int'l Group Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000411' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.51   Med: 31.85   Max: 59.88
Current: 27.33

During the past years, Zhejiang Int'l Group Co's highest Cyclically Adjusted Price-to-FCF was 59.88. The lowest was 19.51. And the median was 31.85.

SZSE:000411's Cyclically Adjusted Price-to-FCF is ranked better than
56.55% of 313 companies
in the Drug Manufacturers industry
Industry Median: 33.44 vs SZSE:000411: 27.33

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.

Zhejiang Int'l Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-3.569. 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 ¥0.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Int'l Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Int'l Group 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.

Zhejiang Int'l Group Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Int'l Group 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 - - 32.59 25.43 24.00

Zhejiang Int'l Group 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 33.79 30.67 32.86 24.00 26.54

Competitive Comparison of Zhejiang Int'l Group Co's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - General subindustry, Zhejiang Int'l Group 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.


Zhejiang Int'l Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Int'l Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Int'l Group Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Int'l Group 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.

Zhejiang Int'l Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.75/0.4
=26.88

* 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.

Zhejiang Int'l Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhejiang Int'l Group 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)
=-3.569/115.2271*115.2271
=-3.569

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Int'l Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.609 98.200 1.888
201409 -1.799 98.900 -2.096
201412 2.888 99.000 3.361
201503 -3.550 99.900 -4.095
201506 2.320 99.500 2.687
201509 -2.286 100.500 -2.621
201512 3.231 100.600 3.701
201603 -3.337 102.200 -3.762
201606 1.932 101.400 2.195
201609 -2.583 102.400 -2.907
201612 4.158 102.600 4.670
201703 -4.458 103.200 -4.978
201706 2.084 103.100 2.329
201709 -2.837 104.100 -3.140
201712 5.289 104.500 5.832
201803 -5.585 105.300 -6.112
201806 3.219 104.900 3.536
201809 -1.562 106.600 -1.688
201812 4.042 106.500 4.373
201903 -4.497 107.700 -4.811
201906 2.867 107.700 3.067
201909 -1.098 109.800 -1.152
201912 2.512 111.200 2.603
202003 -3.923 112.300 -4.025
202006 3.544 110.400 3.699
202009 -1.178 111.700 -1.215
202012 2.042 111.500 2.110
202103 -4.026 112.662 -4.118
202106 5.857 111.769 6.038
202109 -1.298 112.215 -1.333
202112 2.478 113.108 2.524
202203 -4.061 114.335 -4.093
202206 2.787 114.558 2.803
202209 -2.241 115.339 -2.239
202212 4.260 115.116 4.264
202303 -3.373 115.116 -3.376
202306 1.942 114.558 1.953
202309 -2.208 115.339 -2.206
202312 3.902 114.781 3.917
202403 -3.569 115.227 -3.569

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.


Zhejiang Int'l Group Co  (SZSE:000411) 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.


Zhejiang Int'l Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Int'l Group Co (SZSE:000411) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jiangnan Lane, Dongxin Road, Building 3, Xiacheng District, Zhejiang Province, Hangzhou, CHN
Zhejiang Int'l Group Co Ltd is a China-based company operating in three major businesses: drugs, traditional Chinese medicine, and biological equipment.

Zhejiang Int'l Group Co (SZSE:000411) Headlines

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