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Shenzhen Bingchuan Network Co (SZSE:300533) Cyclically Adjusted Price-to-FCF : 28.64 (As of May. 20, 2024)


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What is Shenzhen Bingchuan Network Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Shenzhen Bingchuan Network Co's current share price is ¥17.47. Shenzhen Bingchuan Network Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.61. Shenzhen Bingchuan Network Co's Cyclically Adjusted Price-to-FCF for today is 28.64.

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

SZSE:300533' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.52   Med: 37.86   Max: 42.07
Current: 28.52

During the past years, Shenzhen Bingchuan Network Co's highest Cyclically Adjusted Price-to-FCF was 42.07. The lowest was 28.52. And the median was 37.86.

SZSE:300533's Cyclically Adjusted Price-to-FCF is ranked worse than
59.85% of 137 companies
in the Interactive Media industry
Industry Median: 22.85 vs SZSE:300533: 28.52

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.

Shenzhen Bingchuan Network Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.558. 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 ¥0.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Bingchuan Network Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenzhen Bingchuan Network 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.

Shenzhen Bingchuan Network Co Cyclically Adjusted Price-to-FCF Chart

Shenzhen Bingchuan Network 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 - - - - 40.14

Shenzhen Bingchuan Network 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 - - - 40.14 43.18

Competitive Comparison of Shenzhen Bingchuan Network Co's Cyclically Adjusted Price-to-FCF

For the Electronic Gaming & Multimedia subindustry, Shenzhen Bingchuan Network 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.


Shenzhen Bingchuan Network Co's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shenzhen Bingchuan Network Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenzhen Bingchuan Network Co's Cyclically Adjusted Price-to-FCF falls into.



Shenzhen Bingchuan Network 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.

Shenzhen Bingchuan Network Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.47/0.61
=28.64

* 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.

Shenzhen Bingchuan Network Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shenzhen Bingchuan Network 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)
=-0.558/115.2271*115.2271
=-0.558

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Bingchuan Network Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 0.252 99.900 0.291
201506 0.216 99.500 0.250
201509 0.260 100.500 0.298
201512 0.278 100.600 0.318
201603 0.149 102.200 0.168
201606 0.157 101.400 0.178
201609 0.145 102.400 0.163
201612 0.110 102.600 0.124
201703 -0.025 103.200 -0.028
201706 -0.014 103.100 -0.016
201709 0.023 104.100 0.025
201712 0.092 104.500 0.101
201803 -0.029 105.300 -0.032
201806 0.027 104.900 0.030
201809 0.072 106.600 0.078
201812 0.133 106.500 0.144
201903 0.100 107.700 0.107
201906 0.008 107.700 0.009
201909 0.051 109.800 0.054
201912 0.201 111.200 0.208
202003 0.093 112.300 0.095
202006 0.121 110.400 0.126
202009 -0.016 111.700 -0.017
202012 0.010 111.500 0.010
202103 -0.155 112.662 -0.159
202106 0.005 111.769 0.005
202109 0.093 112.215 0.095
202112 0.764 113.108 0.778
202203 0.351 114.335 0.354
202206 0.706 114.558 0.710
202209 0.625 115.339 0.624
202212 0.111 115.116 0.111
202303 0.008 115.116 0.008
202306 0.012 114.558 0.012
202309 0.161 115.339 0.161
202312 0.844 114.781 0.847
202403 -0.558 115.227 -0.558

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.


Shenzhen Bingchuan Network Co  (SZSE:300533) 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.


Shenzhen Bingchuan Network Co Cyclically Adjusted Price-to-FCF Related Terms

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Shenzhen Bingchuan Network Co (SZSE:300533) Business Description

Traded in Other Exchanges
N/A
Address
Shenzhen Science and Technology, Road No. 1, 601, 602 rooms, Software Park (2) 9, Nanshan District, Shenzhen, CHN, 518057
Shenzhen Bingchuan Network Co Ltd engages in the development and operation of integrated network online games. Its business activities include the development and sale of computer software and hardware; and provision of computer programming services. The company's products mainly are a personal computer (PC) online games, mobile games.

Shenzhen Bingchuan Network Co (SZSE:300533) Headlines

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