GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhezhong Group Co Ltd (SZSE:002346) » Definitions » Cyclically Adjusted Price-to-FCF

Shanghai Zhezhong Group Co (SZSE:002346) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Shanghai Zhezhong Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Zhezhong Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Zhezhong Group 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.

Shanghai Zhezhong Group Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Zhezhong Group 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 - - - - -

Shanghai Zhezhong Group Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Shanghai Zhezhong Group Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Shanghai Zhezhong Group 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.


Shanghai Zhezhong Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Zhezhong Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Zhezhong Group Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Zhezhong Group 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.

Shanghai Zhezhong Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Shanghai Zhezhong Group Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.011/114.7809*114.7809
=-0.011

Current CPI (Jun. 2024) = 114.7809.

Shanghai Zhezhong Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.061 98.900 -0.071
201412 0.405 99.000 0.470
201503 -0.264 99.900 -0.303
201506 0.221 99.500 0.255
201509 -0.099 100.500 -0.113
201512 -0.105 100.600 -0.120
201603 -0.025 102.200 -0.028
201606 0.105 101.400 0.119
201609 0.140 102.400 0.157
201612 -0.777 102.600 -0.869
201703 -0.026 103.200 -0.029
201706 0.072 103.100 0.080
201709 0.042 104.100 0.046
201712 -0.122 104.500 -0.134
201803 0.051 105.300 0.056
201806 0.196 104.900 0.214
201809 0.012 106.600 0.013
201812 0.019 106.500 0.020
201903 0.040 107.700 0.043
201906 0.576 107.700 0.614
201909 -0.381 109.800 -0.398
201912 -0.245 111.200 -0.253
202003 -0.155 112.300 -0.158
202006 0.026 110.400 0.027
202009 -0.019 111.700 -0.020
202012 -1.085 111.500 -1.117
202103 0.304 112.662 0.310
202106 -0.047 111.769 -0.048
202109 0.019 112.215 0.019
202112 -2.023 113.108 -2.053
202203 0.124 114.335 0.124
202206 -0.023 114.558 -0.023
202209 -0.093 115.339 -0.093
202212 -0.320 115.116 -0.319
202303 0.068 115.116 0.068
202306 -0.138 114.558 -0.138
202309 0.099 115.339 0.099
202312 -0.104 114.781 -0.104
202403 -0.004 115.227 -0.004
202406 -0.011 114.781 -0.011

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.


Shanghai Zhezhong Group Co  (SZSE:002346) 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.


Shanghai Zhezhong Group Co Cyclically Adjusted Price-to-FCF Related Terms

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


Shanghai Zhezhong Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 368 Canggong Road, Fengxian District, Chemical Industry Park, Shanghai, CHN, 201402
Shanghai Zhezhong Group Co Ltd manufactures and sells sets of switching equipment in China. It offers sets of switchgear, control equipment, and box-type substation.
Executives
Wu Cheng Min Supervisors
Ma Yu Hua Directors, executives
Tang Wen Hua Supervisors
Yu Mei Supervisors
Tang Yi Bo Supervisors
Huang Dong Supervisors
Ji Ji Ping Director

Shanghai Zhezhong Group Co Headlines

No Headlines