GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zhejiang Jiuli Hi-Tech Metals Co Ltd (SZSE:002318) » Definitions » Cyclically Adjusted Price-to-FCF

Zhejiang Jiuli Hi-Tech Metals Co (SZSE:002318) Cyclically Adjusted Price-to-FCF : 61.51 (As of Jun. 06, 2025)


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

What is Zhejiang Jiuli Hi-Tech Metals Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-06), Zhejiang Jiuli Hi-Tech Metals Co's current share price is ¥23.99. Zhejiang Jiuli Hi-Tech Metals Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ¥0.39. Zhejiang Jiuli Hi-Tech Metals Co's Cyclically Adjusted Price-to-FCF for today is 61.51.

The historical rank and industry rank for Zhejiang Jiuli Hi-Tech Metals Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002318' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 51.39   Med: 87.18   Max: 362.67
Current: 62.57

During the past years, Zhejiang Jiuli Hi-Tech Metals Co's highest Cyclically Adjusted Price-to-FCF was 362.67. The lowest was 51.39. And the median was 87.18.

SZSE:002318's Cyclically Adjusted Price-to-FCF is ranked worse than
88.61% of 237 companies
in the Steel industry
Industry Median: 10.4 vs SZSE:002318: 62.57

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.

Zhejiang Jiuli Hi-Tech Metals Co's adjusted free cash flow per share data for the three months ended in Mar. 2025 was ¥-0.181. 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 ¥0.39 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Jiuli Hi-Tech Metals Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Jiuli Hi-Tech Metals 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.

Zhejiang Jiuli Hi-Tech Metals Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Jiuli Hi-Tech Metals Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.92 123.30 83.23 59.71 60.55

Zhejiang Jiuli Hi-Tech Metals Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 65.10 64.19 64.68 60.55 64.87

Competitive Comparison of Zhejiang Jiuli Hi-Tech Metals Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Zhejiang Jiuli Hi-Tech Metals 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.


Zhejiang Jiuli Hi-Tech Metals Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhejiang Jiuli Hi-Tech Metals Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiuli Hi-Tech Metals Co's Cyclically Adjusted Price-to-FCF falls into.


;
;

Zhejiang Jiuli Hi-Tech Metals 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.

Zhejiang Jiuli Hi-Tech Metals Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.99/0.39
=61.51

* 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.

Zhejiang Jiuli Hi-Tech Metals Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Zhejiang Jiuli Hi-Tech Metals Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.181/115.1156*115.1156
=-0.181

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Jiuli Hi-Tech Metals Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.014 99.500 -0.016
201509 -0.035 100.500 -0.040
201512 0.233 100.600 0.267
201603 -0.248 102.200 -0.279
201606 0.062 101.400 0.070
201609 0.051 102.400 0.057
201612 0.262 102.600 0.294
201703 -0.224 103.200 -0.250
201706 0.019 103.100 0.021
201709 -0.116 104.100 -0.128
201712 0.007 104.500 0.008
201803 -0.140 105.300 -0.153
201806 0.321 104.900 0.352
201809 0.180 106.600 0.194
201812 0.188 106.500 0.203
201903 0.168 107.700 0.180
201906 -0.025 107.700 -0.027
201909 -0.037 109.800 -0.039
201912 0.164 111.200 0.170
202003 -0.121 112.300 -0.124
202006 0.214 110.400 0.223
202009 0.249 111.700 0.257
202012 0.556 111.500 0.574
202103 -0.014 112.662 -0.014
202106 0.165 111.769 0.170
202109 0.023 112.215 0.024
202112 -0.154 113.108 -0.157
202203 -0.348 114.335 -0.350
202206 0.323 114.558 0.325
202209 0.277 115.339 0.276
202212 0.361 115.116 0.361
202303 -0.265 115.116 -0.265
202306 -0.090 114.558 -0.090
202309 0.410 115.339 0.409
202312 1.292 114.781 1.296
202403 -0.135 115.227 -0.135
202406 0.104 114.781 0.104
202409 -0.069 115.785 -0.069
202412 0.345 114.893 0.346
202503 -0.181 115.116 -0.181

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.


Zhejiang Jiuli Hi-Tech Metals Co  (SZSE:002318) 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.


Zhejiang Jiuli Hi-Tech Metals Co Cyclically Adjusted Price-to-FCF Related Terms

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


Zhejiang Jiuli Hi-Tech Metals Co Business Description

Traded in Other Exchanges
N/A
Address
Zhenxi, Shuanglin Town, Zhejiang Province, Huzhou, CHN, 313012
Zhejiang Jiuli Hi-Tech Metals Co Ltd is a manufacturer of stainless steel. It serves civil nuclear power, electric power, oil and gas exploration, refinery, chemical and fine chemical, coal chemical, offshore engineering and shipbuilding and others.
Executives
Li Zheng Zhou Director
Wang Zhang Cheng Directors, executives
Yang Pei Fen Directors, executives
Cai Li Ming Director
Xu A Min Directors, executives
Zhou Zhi Jiang Director
Zheng Jie Ying Directors, executives, representatives of securiti
Shen Xiao Gang Supervisors
Zhang Yu Xu Director
Su Cheng Executives
Cai Xing Qiang Director
Xu Wen Xin Supervisors
Zhang Jian Xin Director
Chen Pei Liang Directors, executives

Zhejiang Jiuli Hi-Tech Metals Co Headlines

No Headlines