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Tibet Development Co (SZSE:000752) Cyclically Adjusted Price-to-FCF : 33.50 (As of Jun. 13, 2024)


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What is Tibet Development Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Tibet Development Co's current share price is ¥6.70. Tibet Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.20. Tibet Development Co's Cyclically Adjusted Price-to-FCF for today is 33.50.

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

SZSE:000752' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.86   Med: 24.88   Max: 71.98
Current: 31.31

During the past years, Tibet Development Co's highest Cyclically Adjusted Price-to-FCF was 71.98. The lowest was 7.86. And the median was 24.88.

SZSE:000752's Cyclically Adjusted Price-to-FCF is ranked worse than
53.98% of 113 companies
in the Beverages - Alcoholic industry
Industry Median: 28.23 vs SZSE:000752: 31.31

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.

Tibet Development Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.022. 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 ¥0.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tibet Development Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tibet Development 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.

Tibet Development Co Cyclically Adjusted Price-to-FCF Chart

Tibet Development 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 11.29 9.58 17.21 17.10 34.54

Tibet Development 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 17.36 18.54 52.09 34.54 31.06

Competitive Comparison of Tibet Development Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, Tibet Development 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.


Tibet Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tibet Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tibet Development Co's Cyclically Adjusted Price-to-FCF falls into.



Tibet Development 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.

Tibet Development Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.70/0.2
=33.50

* 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.

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

For example, Tibet Development 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)
=0.022/115.2271*115.2271
=0.022

Current CPI (Mar. 2024) = 115.2271.

Tibet Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.014 98.200 -0.016
201409 0.105 98.900 0.122
201412 0.054 99.000 0.063
201503 0.084 99.900 0.097
201506 0.110 99.500 0.127
201509 0.152 100.500 0.174
201512 0.073 100.600 0.084
201603 0.084 102.200 0.095
201606 0.022 101.400 0.025
201609 0.090 102.400 0.101
201612 0.158 102.600 0.177
201703 0.140 103.200 0.156
201706 -0.008 103.100 -0.009
201709 0.190 104.100 0.210
201712 -0.245 104.500 -0.270
201803 0.383 105.300 0.419
201806 -0.033 104.900 -0.036
201809 0.004 106.600 0.004
201812 -0.001 106.500 -0.001
201903 0.169 107.700 0.181
201906 0.141 107.700 0.151
201909 0.030 109.800 0.031
201912 -0.192 111.200 -0.199
202003 -0.055 112.300 -0.056
202006 -0.159 110.400 -0.166
202009 -0.052 111.700 -0.054
202012 0.070 111.500 0.072
202103 -0.040 112.662 -0.041
202106 0.034 111.769 0.035
202109 -0.031 112.215 -0.032
202112 0.163 113.108 0.166
202203 0.024 114.335 0.024
202206 0.027 114.558 0.027
202209 -0.064 115.339 -0.064
202212 0.301 115.116 0.301
202303 -0.042 115.116 -0.042
202306 -0.070 114.558 -0.070
202309 0.055 115.339 0.055
202312 0.156 114.781 0.157
202403 0.022 115.227 0.022

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.


Tibet Development Co  (SZSE:000752) 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.


Tibet Development Co Cyclically Adjusted Price-to-FCF Related Terms

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


Tibet Development Co (SZSE:000752) Business Description

Traded in Other Exchanges
N/A
Address
Jinzhu West Road, 28-5 Geshanlinka A, Tibet, Lhasa, CHN
Tibet Development Co Ltd, formerly Tibet Galaxy Science & Technology Development Co Ltd is engaged in the business of producing soft drinks. It is also engaged in aquaculture, entertainment services, the development of saffron products and medical device production in China.
Executives
Shen Ke Independent director
Liu Qi Director
Ma Gao Xiang Director
Zhou Ke Qing Director

Tibet Development Co (SZSE:000752) Headlines

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