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Jiangsu Shagang Co (SZSE:002075) Cyclically Adjusted Price-to-FCF : 9.36 (As of Jun. 10, 2024)


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What is Jiangsu Shagang Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Jiangsu Shagang Co's current share price is ¥4.12. Jiangsu Shagang Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.44. Jiangsu Shagang Co's Cyclically Adjusted Price-to-FCF for today is 9.36.

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

SZSE:002075' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.93   Med: 23.94   Max: 84.18
Current: 9.4

During the past years, Jiangsu Shagang Co's highest Cyclically Adjusted Price-to-FCF was 84.18. The lowest was 6.93. And the median was 23.94.

SZSE:002075's Cyclically Adjusted Price-to-FCF is ranked better than
67.67% of 266 companies
in the Steel industry
Industry Median: 13.38 vs SZSE:002075: 9.40

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.

Jiangsu Shagang Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.064. 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 ¥0.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Shagang Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Shagang 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.

Jiangsu Shagang Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Shagang 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 11.63 26.06 11.07 8.00 8.54

Jiangsu Shagang 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 8.85 8.51 7.53 8.54 10.04

Competitive Comparison of Jiangsu Shagang Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Jiangsu Shagang 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.


Jiangsu Shagang Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Shagang Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jiangsu Shagang 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.

Jiangsu Shagang Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.12/0.44
=9.36

* 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.

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

For example, Jiangsu Shagang 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)
=-0.064/115.2271*115.2271
=-0.064

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Shagang Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.129 98.200 0.151
201409 0.248 98.900 0.289
201412 0.158 99.000 0.184
201503 0.046 99.900 0.053
201506 0.042 99.500 0.049
201509 0.054 100.500 0.062
201512 0.105 100.600 0.120
201603 0.034 102.200 0.038
201606 0.017 101.400 0.019
201609 0.028 102.400 0.032
201612 0.005 102.600 0.006
201703 0.164 103.200 0.183
201706 0.185 103.100 0.207
201709 0.164 104.100 0.182
201712 0.232 104.500 0.256
201803 0.052 105.300 0.057
201806 0.344 104.900 0.378
201809 0.244 106.600 0.264
201812 0.457 106.500 0.494
201903 0.027 107.700 0.029
201906 -0.107 107.700 -0.114
201909 0.081 109.800 0.085
201912 0.044 111.200 0.046
202003 0.074 112.300 0.076
202006 0.257 110.400 0.268
202009 -0.059 111.700 -0.061
202012 0.426 111.500 0.440
202103 0.065 112.662 0.066
202106 0.198 111.769 0.204
202109 0.445 112.215 0.457
202112 0.275 113.108 0.280
202203 -0.094 114.335 -0.095
202206 0.022 114.558 0.022
202209 0.075 115.339 0.075
202212 0.103 115.116 0.103
202303 0.028 115.116 0.028
202306 -0.061 114.558 -0.061
202309 0.278 115.339 0.278
202312 -0.699 114.781 -0.702
202403 -0.064 115.227 -0.064

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.


Jiangsu Shagang Co  (SZSE:002075) 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.


Jiangsu Shagang Co Cyclically Adjusted Price-to-FCF Related Terms

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


Jiangsu Shagang Co (SZSE:002075) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jinfeng Town, Shagang Building, Jiangsu, Zhangjiagang, CHN, 215625
Jiangsu Shagang Co Ltd is engaged in ferrous metal smelting and rolling processing of steel products. It can produce diameter 280-800mm continuous casting round billet, rolled product specifications cover 12-300mm round bar and up to 300mm x 110mm, 250mm x 110mm Flat steel, annual output of spring steel, bearing steel, ship anchor chain steel, alloy billet steel, automotive steel and other special steel 3.2 million tons, the products sell well at home and abroad, used in automobiles, railways, petroleum, marine, mining, Coal, energy, machinery manufacturing and other industries.
Executives
Gao Wen Ping Supervisors
Wang Zhen Lin Directors, executives
Nie Wei Supervisors
Di Ming Yong Supervisors
Li Jing Hua Director
Zhou Jian Qing Directors, executives
Guo Zhao Xiang Directors, executives
Xu Jun Executives

Jiangsu Shagang Co (SZSE:002075) Headlines

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