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Shandong Zhangqiu Blower Co (SZSE:002598) Cyclically Adjusted Price-to-FCF : 751.00 (As of Jun. 20, 2024)


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What is Shandong Zhangqiu Blower Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Shandong Zhangqiu Blower Co's current share price is ¥7.51. Shandong Zhangqiu Blower Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.01. Shandong Zhangqiu Blower Co's Cyclically Adjusted Price-to-FCF for today is 751.00.

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

SZSE:002598' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 49.25   Med: 108   Max: 903
Current: 529.86

During the past years, Shandong Zhangqiu Blower Co's highest Cyclically Adjusted Price-to-FCF was 903.00. The lowest was 49.25. And the median was 108.00.

SZSE:002598's Cyclically Adjusted Price-to-FCF is ranked worse than
96.7% of 1031 companies
in the Industrial Products industry
Industry Median: 32.14 vs SZSE:002598: 529.86

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.

Shandong Zhangqiu Blower Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.108. 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 ¥0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Zhangqiu Blower Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shandong Zhangqiu Blower 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.

Shandong Zhangqiu Blower Co Cyclically Adjusted Price-to-FCF Chart

Shandong Zhangqiu Blower 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 52.58 60.85 118.19 142.17 426.16

Shandong Zhangqiu Blower 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 195.07 185.37 138.59 426.16 600.69

Competitive Comparison of Shandong Zhangqiu Blower Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Shandong Zhangqiu Blower 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.


Shandong Zhangqiu Blower Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shandong Zhangqiu Blower Co's Cyclically Adjusted Price-to-FCF falls into.



Shandong Zhangqiu Blower 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.

Shandong Zhangqiu Blower Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.51/0.01
=751.00

* 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.

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

For example, Shandong Zhangqiu Blower 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)
=-0.108/115.2271*115.2271
=-0.108

Current CPI (Mar. 2024) = 115.2271.

Shandong Zhangqiu Blower Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.026 98.200 0.031
201409 0.098 98.900 0.114
201412 0.008 99.000 0.009
201503 -0.073 99.900 -0.084
201506 0.001 99.500 0.001
201509 0.079 100.500 0.091
201512 -0.018 100.600 -0.021
201603 -0.050 102.200 -0.056
201606 0.047 101.400 0.053
201609 0.012 102.400 0.014
201612 0.051 102.600 0.057
201703 0.055 103.200 0.061
201706 -0.039 103.100 -0.044
201709 0.023 104.100 0.025
201712 0.044 104.500 0.049
201803 0.005 105.300 0.005
201806 -0.070 104.900 -0.077
201809 0.016 106.600 0.017
201812 0.075 106.500 0.081
201903 -0.029 107.700 -0.031
201906 0.037 107.700 0.040
201909 0.061 109.800 0.064
201912 0.069 111.200 0.071
202003 -0.007 112.300 -0.007
202006 0.119 110.400 0.124
202009 -0.007 111.700 -0.007
202012 -0.001 111.500 -0.001
202103 -0.139 112.662 -0.142
202106 0.131 111.769 0.135
202109 0.056 112.215 0.058
202112 -0.191 113.108 -0.195
202203 0.035 114.335 0.035
202206 0.016 114.558 0.016
202209 0.098 115.339 0.098
202212 0.034 115.116 0.034
202303 -0.135 115.116 -0.135
202306 0.038 114.558 0.038
202309 0.113 115.339 0.113
202312 -0.382 114.781 -0.383
202403 -0.108 115.227 -0.108

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.


Shandong Zhangqiu Blower Co  (SZSE:002598) 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.


Shandong Zhangqiu Blower Co Cyclically Adjusted Price-to-FCF Related Terms

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Shandong Zhangqiu Blower Co (SZSE:002598) Business Description

Traded in Other Exchanges
N/A
Address
Mingshui Economic Development Zone, Shandong Province, Zhangqiu City, CHN, 250200
Shandong Zhangqiu Blower Co Ltd operates in general equipment manufacturing industry. The products of the company include roots blowers, multi stage centrifugal blowers, and fans.
Executives
Liu Xin Quan Supervisors
Niu Yu Sheng Directors, executives
Fang Shu Peng Directors, executives
Fang Run Gang Director
Xu Chun Dong Executives
Wang Chong Pu Directors, executives
Gao Ke Supervisors
Zhang Ying Qi Directors, executives
Gao Yu Xin Directors, executives
Xi Ji Xiang Executives
Bai Ze Kui Executives
Chen Chao Secretary Dong
Liu Shi Hua Director
Zhu Wen Bo Director
Shen Neng Yao Executives

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