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CQ Pharmaceutical Holding Co (SZSE:000950) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is CQ Pharmaceutical Holding Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CQ Pharmaceutical Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CQ Pharmaceutical Holding 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.

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CQ Pharmaceutical Holding Co Cyclically Adjusted Price-to-FCF Chart

CQ Pharmaceutical Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CQ Pharmaceutical Holding Co 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 CQ Pharmaceutical Holding Co's Cyclically Adjusted Price-to-FCF

For the Medical Distribution subindustry, CQ Pharmaceutical Holding 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.


CQ Pharmaceutical Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, CQ Pharmaceutical Holding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CQ Pharmaceutical Holding 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.

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

For example, CQ Pharmaceutical Holding 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)
=-1.864/115.2271*115.2271
=-1.864

Current CPI (Mar. 2024) = 115.2271.

CQ Pharmaceutical Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.501 98.200 -0.588
201409 -0.183 98.900 -0.213
201412 0.083 99.000 0.097
201503 -0.151 99.900 -0.174
201506 0.117 99.500 0.135
201509 0.116 100.500 0.133
201512 0.020 100.600 0.023
201603 -0.020 102.200 -0.023
201606 0.090 101.400 0.102
201609 -0.511 102.400 -0.575
201612 0.249 102.600 0.280
201703 -0.642 103.200 -0.717
201706 0.003 103.100 0.003
201709 -0.029 104.100 -0.032
201712 -0.089 104.500 -0.098
201803 -0.880 105.300 -0.963
201806 -0.250 104.900 -0.275
201809 0.046 106.600 0.050
201812 -0.085 106.500 -0.092
201903 -0.965 107.700 -1.032
201906 -0.288 107.700 -0.308
201909 -0.044 109.800 -0.046
201912 1.040 111.200 1.078
202003 -1.234 112.300 -1.266
202006 0.296 110.400 0.309
202009 0.140 111.700 0.144
202012 0.912 111.500 0.942
202103 -1.661 112.662 -1.699
202106 -0.139 111.769 -0.143
202109 -0.126 112.215 -0.129
202112 1.707 113.108 1.739
202203 -1.739 114.335 -1.753
202206 0.071 114.558 0.071
202209 -0.558 115.339 -0.557
202212 2.374 115.116 2.376
202303 -1.893 115.116 -1.895
202306 -0.405 114.558 -0.407
202309 0.497 115.339 0.497
202312 1.953 114.781 1.961
202403 -1.864 115.227 -1.864

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.


CQ Pharmaceutical Holding Co  (SZSE:000950) 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.


CQ Pharmaceutical Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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CQ Pharmaceutical Holding Co (SZSE:000950) Business Description

Traded in Other Exchanges
N/A
Address
333 Jinshi Avenue, Yubei District, Chongqing, CHN, 400010
CQ Pharmaceutical Holding Co Ltd distributes pharmaceutical products. It is the fixed-point reserve unit for drug and medical equipment of the central and Chongqing industries. The pharmaceutical business sector covers hospitals, pharmaceuticals, healthcare products, hospital sales, commercial wholesale, retail chains, terminal distribution, warehousing logistics and supply chain value-added services. Geographically, the group operates through China.
Executives
Yuan Quan Director
Qiu Tian Directors, executives
Li Yu Xiang Independent director
Wu De Bin Executives
Liu Ya Ping Securities Affairs Representative
Du Ping Executives

CQ Pharmaceutical Holding Co (SZSE:000950) Headlines

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