GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tibet Cheezheng Tibetan Medicine Co Ltd (SZSE:002287) » Definitions » Cyclically Adjusted Price-to-FCF

Tibet Cheezheng Tibetan Medicine Co (SZSE:002287) Cyclically Adjusted Price-to-FCF : 41.37 (As of Jun. 17, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Tibet Cheezheng Tibetan Medicine Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-17), Tibet Cheezheng Tibetan Medicine Co's current share price is ¥20.27. Tibet Cheezheng Tibetan Medicine Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.49. Tibet Cheezheng Tibetan Medicine Co's Cyclically Adjusted Price-to-FCF for today is 41.37.

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

SZSE:002287' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32.31   Med: 64.12   Max: 107.89
Current: 41.55

During the past years, Tibet Cheezheng Tibetan Medicine Co's highest Cyclically Adjusted Price-to-FCF was 107.89. The lowest was 32.31. And the median was 64.12.

SZSE:002287's Cyclically Adjusted Price-to-FCF is ranked better than
58.1% of 105 companies
in the Biotechnology industry
Industry Median: 50.28 vs SZSE:002287: 41.55

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 Cheezheng Tibetan Medicine Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.449. 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 ¥0.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tibet Cheezheng Tibetan Medicine Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tibet Cheezheng Tibetan Medicine 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 Cheezheng Tibetan Medicine Co Cyclically Adjusted Price-to-FCF Chart

Tibet Cheezheng Tibetan Medicine 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 63.59 82.67 60.13 45.95 40.58

Tibet Cheezheng Tibetan Medicine 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 56.30 49.63 54.96 40.58 44.07

Competitive Comparison of Tibet Cheezheng Tibetan Medicine Co's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Tibet Cheezheng Tibetan Medicine 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 Cheezheng Tibetan Medicine Co's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tibet Cheezheng Tibetan Medicine Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tibet Cheezheng Tibetan Medicine 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 Cheezheng Tibetan Medicine Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.27/0.49
=41.37

* 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 Cheezheng Tibetan Medicine Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tibet Cheezheng Tibetan Medicine 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)
=-0.449/115.2271*115.2271
=-0.449

Current CPI (Mar. 2024) = 115.2271.

Tibet Cheezheng Tibetan Medicine Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.224 98.200 0.263
201409 -0.228 98.900 -0.266
201412 0.234 99.000 0.272
201503 0.151 99.900 0.174
201506 0.309 99.500 0.358
201509 -0.064 100.500 -0.073
201512 0.086 100.600 0.099
201603 0.043 102.200 0.048
201606 0.109 101.400 0.124
201609 0.163 102.400 0.183
201612 0.082 102.600 0.092
201703 0.055 103.200 0.061
201706 0.431 103.100 0.482
201709 -0.073 104.100 -0.081
201712 -0.102 104.500 -0.112
201803 0.155 105.300 0.170
201806 0.274 104.900 0.301
201809 0.037 106.600 0.040
201812 0.073 106.500 0.079
201903 -0.170 107.700 -0.182
201906 0.501 107.700 0.536
201909 0.104 109.800 0.109
201912 0.231 111.200 0.239
202003 0.362 112.300 0.371
202006 0.103 110.400 0.108
202009 -0.292 111.700 -0.301
202012 -0.366 111.500 -0.378
202103 0.215 112.662 0.220
202106 0.782 111.769 0.806
202109 -0.085 112.215 -0.087
202112 0.776 113.108 0.791
202203 -0.116 114.335 -0.117
202206 0.277 114.558 0.279
202209 -0.153 115.339 -0.153
202212 0.015 115.116 0.015
202303 -0.393 115.116 -0.393
202306 0.696 114.558 0.700
202309 -0.284 115.339 -0.284
202312 0.846 114.781 0.849
202403 -0.449 115.227 -0.449

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 Cheezheng Tibetan Medicine Co  (SZSE:002287) 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 Cheezheng Tibetan Medicine Co Cyclically Adjusted Price-to-FCF Related Terms

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


Tibet Cheezheng Tibetan Medicine Co (SZSE:002287) Business Description

Traded in Other Exchanges
N/A
Address
No.2, Deji Road, Bayi District, Linzhi, CHN, 860000
Tibet Cheezheng Tibetan Medicine Co Ltd is Tibetan medicine manufacturer. It is mainly engaged in the research, development, production, and sales of Tibetan medicines. The company's products include medicines such as emplastrum, ointments, granules, pills, and powders.
Executives
Yao Xiao Mei Executives
Li Jun Executives
Lei Ju Fang Director
Bao Zheng Director

Tibet Cheezheng Tibetan Medicine Co (SZSE:002287) Headlines

No Headlines