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China Rare Earth Resources & Technology Co (SZSE:000831) Cyclically Adjusted Price-to-FCF : 2,889.00 (As of May. 21, 2024)


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What is China Rare Earth Resources & Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), China Rare Earth Resources & Technology Co's current share price is ¥28.89. China Rare Earth Resources & Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.01. China Rare Earth Resources & Technology Co's Cyclically Adjusted Price-to-FCF for today is 2,889.00.

The historical rank and industry rank for China Rare Earth Resources & Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000831' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 86.18   Med: 204.21   Max: 3005
Current: 2451.06

During the past years, China Rare Earth Resources & Technology Co's highest Cyclically Adjusted Price-to-FCF was 3005.00. The lowest was 86.18. And the median was 204.21.

SZSE:000831's Cyclically Adjusted Price-to-FCF is ranked worse than
99.31% of 576 companies
in the Chemicals industry
Industry Median: 24.745 vs SZSE:000831: 2451.06

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.

China Rare Earth Resources & Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.507. 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 ¥0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Rare Earth Resources & Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Rare Earth Resources & Technology 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.

China Rare Earth Resources & Technology Co Cyclically Adjusted Price-to-FCF Chart

China Rare Earth Resources & Technology 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 119.30 180.29 - 411.61 164.26

China Rare Earth Resources & Technology 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 452.30 300.23 182.57 164.26 2,368.50

Competitive Comparison of China Rare Earth Resources & Technology Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, China Rare Earth Resources & Technology 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.


China Rare Earth Resources & Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Rare Earth Resources & Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Rare Earth Resources & Technology Co's Cyclically Adjusted Price-to-FCF falls into.



China Rare Earth Resources & Technology 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.

China Rare Earth Resources & Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.89/0.01
=2,889.00

* 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.

China Rare Earth Resources & Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Rare Earth Resources & Technology 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)
=-0.507/115.2271*115.2271
=-0.507

Current CPI (Mar. 2024) = 115.2271.

China Rare Earth Resources & Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.304 98.200 -0.357
201409 0.342 98.900 0.398
201412 -0.305 99.000 -0.355
201503 0.052 99.900 0.060
201506 -0.126 99.500 -0.146
201509 0.275 100.500 0.315
201512 0.000 100.600 0.000
201603 0.171 102.200 0.193
201606 -0.032 101.400 -0.036
201609 -0.017 102.400 -0.019
201612 0.028 102.600 0.031
201703 0.156 103.200 0.174
201706 -0.094 103.100 -0.105
201709 -0.132 104.100 -0.146
201712 0.195 104.500 0.215
201803 0.128 105.300 0.140
201806 -0.400 104.900 -0.439
201809 0.017 106.600 0.018
201812 -0.040 106.500 -0.043
201903 0.091 107.700 0.097
201906 -0.293 107.700 -0.313
201909 0.038 109.800 0.040
201912 0.045 111.200 0.047
202003 0.047 112.300 0.048
202006 -0.035 110.400 -0.037
202009 0.029 111.700 0.030
202012 -0.165 111.500 -0.171
202103 -0.232 112.662 -0.237
202106 -0.184 111.769 -0.190
202109 0.226 112.215 0.232
202112 -0.597 113.108 -0.608
202203 0.200 114.335 0.202
202206 0.458 114.558 0.461
202209 0.048 115.339 0.048
202212 0.811 115.116 0.812
202303 -0.070 115.116 -0.070
202306 -0.126 114.558 -0.127
202309 0.341 115.339 0.341
202312 0.117 114.781 0.117
202403 -0.507 115.227 -0.507

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 Rare Earth Resources & Technology Co  (SZSE:000831) 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 Rare Earth Resources & Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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China Rare Earth Resources & Technology Co (SZSE:000831) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Zhangjiang South Avenue, 15th Floor, Building A, Haode Ginza, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 341000
China Rare Earth Resources & Technology Co Ltd is principally engaged in the production and sales of rare earth oxides. It is mainly engaged in the operation and trade of rare earth oxides, rare earth metals and rare earth deep processing products, as well as rare earth technology research and development and consulting services. The company's leading product include high-purity single rare earth oxides and rare earth co-precipitate products. Geographically activities are carried out through China.

China Rare Earth Resources & Technology Co (SZSE:000831) Headlines

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