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Chengdu Road and Bridge Engineering Co (SZSE:002628) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Chengdu Road and Bridge Engineering Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chengdu Road and Bridge Engineering Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chengdu Road and Bridge Engineering 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.

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Chengdu Road and Bridge Engineering Co Cyclically Adjusted Price-to-FCF Chart

Chengdu Road and Bridge Engineering Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Chengdu Road and Bridge Engineering Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Chengdu Road and Bridge Engineering Co's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Chengdu Road and Bridge Engineering 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.


Chengdu Road and Bridge Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chengdu Road and Bridge Engineering Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chengdu Road and Bridge Engineering Co's Cyclically Adjusted Price-to-FCF falls into.



Chengdu Road and Bridge Engineering 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.

Chengdu Road and Bridge Engineering Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chengdu Road and Bridge Engineering 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)
=-0.058/115.2271*115.2271
=-0.058

Current CPI (Mar. 2024) = 115.2271.

Chengdu Road and Bridge Engineering Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.183 98.200 0.215
201409 -0.194 98.900 -0.226
201412 0.202 99.000 0.235
201503 -0.177 99.900 -0.204
201506 0.067 99.500 0.078
201509 0.315 100.500 0.361
201512 0.382 100.600 0.438
201603 -0.014 102.200 -0.016
201606 0.107 101.400 0.122
201609 0.597 102.400 0.672
201612 0.137 102.600 0.154
201703 0.029 103.200 0.032
201706 -0.027 103.100 -0.030
201709 -0.182 104.100 -0.201
201712 0.440 104.500 0.485
201803 0.029 105.300 0.032
201806 -0.213 104.900 -0.234
201809 -0.037 106.600 -0.040
201812 0.069 106.500 0.075
201903 -0.247 107.700 -0.264
201906 -0.083 107.700 -0.089
201909 -0.371 109.800 -0.389
201912 -0.374 111.200 -0.388
202003 -0.468 112.300 -0.480
202006 -0.243 110.400 -0.254
202009 -0.355 111.700 -0.366
202012 -0.258 111.500 -0.267
202103 -0.442 112.662 -0.452
202106 -0.222 111.769 -0.229
202109 -0.070 112.215 -0.072
202112 0.172 113.108 0.175
202203 0.056 114.335 0.056
202206 0.180 114.558 0.181
202209 0.091 115.339 0.091
202212 -0.091 115.116 -0.091
202303 0.037 115.116 0.037
202306 0.073 114.558 0.073
202309 0.057 115.339 0.057
202312 0.008 114.781 0.008
202403 -0.058 115.227 -0.058

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.


Chengdu Road and Bridge Engineering Co  (SZSE:002628) 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.


Chengdu Road and Bridge Engineering Co Cyclically Adjusted Price-to-FCF Related Terms

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Chengdu Road and Bridge Engineering Co (SZSE:002628) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Wuke East 4th Road, Wuhou District, Sichuan, Chengdu, CHN, 610045
Chengdu Road and Bridge Engineering Co Ltd are engaged in the construction of roads, tunnels, and bridges in China.
Executives
Sun Xu Jun Director
Feng Hui Executives
Xiang Rong Director
Zhou Wen Fei Supervisors
Zhang Ping Supervisors
Xu Ji Wei Executives
Guo Hao Director
Wang Ji Wei Directors, executives
Wang Jian Yong Director
Feng Mei Executives
Li Jian Director

Chengdu Road and Bridge Engineering Co (SZSE:002628) Headlines

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