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Jiangsu Zhongsheng Gaoke Environmental Co (SZSE:002778) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Jiangsu Zhongsheng Gaoke Environmental Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Zhongsheng Gaoke Environmental Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Zhongsheng Gaoke Environmental 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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Jiangsu Zhongsheng Gaoke Environmental Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Zhongsheng Gaoke Environmental Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Jiangsu Zhongsheng Gaoke Environmental 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 Jiangsu Zhongsheng Gaoke Environmental Co's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Jiangsu Zhongsheng Gaoke Environmental 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.


Jiangsu Zhongsheng Gaoke Environmental Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jiangsu Zhongsheng Gaoke Environmental Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Zhongsheng Gaoke Environmental Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Zhongsheng Gaoke Environmental 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.

Jiangsu Zhongsheng Gaoke Environmental Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jiangsu Zhongsheng Gaoke Environmental 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)
=-0.115/115.2271*115.2271
=-0.115

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Zhongsheng Gaoke Environmental Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.087 98.600 -1.270
201409 0.000 98.900 0.000
201412 0.000 99.000 0.000
201503 -0.779 99.900 -0.899
201506 0.619 99.500 0.717
201509 -0.201 100.500 -0.230
201512 0.662 100.600 0.758
201603 -0.505 102.200 -0.569
201606 0.013 101.400 0.015
201609 0.010 102.400 0.011
201612 0.529 102.600 0.594
201703 -0.459 103.200 -0.512
201706 -0.079 103.100 -0.088
201709 -0.331 104.100 -0.366
201712 0.190 104.500 0.210
201803 -0.494 105.300 -0.541
201806 0.004 104.900 0.004
201809 -0.123 106.600 -0.133
201812 0.204 106.500 0.221
201903 -0.352 107.700 -0.377
201906 0.414 107.700 0.443
201909 -0.017 109.800 -0.018
201912 0.365 111.200 0.378
202003 -0.390 112.300 -0.400
202006 -0.121 110.400 -0.126
202009 0.168 111.700 0.173
202012 0.484 111.500 0.500
202103 0.597 112.662 0.611
202106 -0.224 111.769 -0.231
202109 0.074 112.215 0.076
202112 0.163 113.108 0.166
202203 0.103 114.335 0.104
202206 0.032 114.558 0.032
202209 0.237 115.339 0.237
202212 -0.064 115.116 -0.064
202303 -0.336 115.116 -0.336
202306 -0.214 114.558 -0.215
202309 0.098 115.339 0.098
202312 0.327 114.781 0.328
202403 -0.115 115.227 -0.115

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.


Jiangsu Zhongsheng Gaoke Environmental Co  (SZSE:002778) 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.


Jiangsu Zhongsheng Gaoke Environmental Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsu Zhongsheng Gaoke Environmental Co (SZSE:002778) Business Description

Traded in Other Exchanges
N/A
Address
Whale Industrial Concentration Zone, Xushe Town, Jiangsu Province, Yixing, CHN, 214244
Jiangsu Zhongsheng Gaoke Environmental Co Ltd formerly Jiangsu Gaoke Petrochemical Co Ltd is engaged in research and development, production and sales of lubricants and fats. It produces industrial lubricants, automotive lubricants, special oils, greases and other lubricant products. It's products used in electric power equipment, engineering machinery, industrial machinery equipment, metallurgy, and transportation.
Executives
Xu Chun Dong Director
Wang Zhao Ming Director
Tan Jian Ming Supervisors
Xu Zhi Jian Director
Chen Guo Rong Director

Jiangsu Zhongsheng Gaoke Environmental Co (SZSE:002778) Headlines

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