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Jianglong Shipbuilding Co (SZSE:300589) Cyclically Adjusted Price-to-FCF : 139.11 (As of Jun. 09, 2024)


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What is Jianglong Shipbuilding Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Jianglong Shipbuilding Co's current share price is ¥12.52. Jianglong Shipbuilding Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.09. Jianglong Shipbuilding Co's Cyclically Adjusted Price-to-FCF for today is 139.11.

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

SZSE:300589' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 111.78   Med: 663.5   Max: 1392.94
Current: 140.42

During the past 12 years, Jianglong Shipbuilding Co's highest Cyclically Adjusted Price-to-FCF was 1392.94. The lowest was 111.78. And the median was 663.50.

SZSE:300589's Cyclically Adjusted Price-to-FCF is ranked worse than
83.18% of 107 companies
in the Aerospace & Defense industry
Industry Median: 35.41 vs SZSE:300589: 140.42

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.

Jianglong Shipbuilding Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.705. 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 ¥0.09 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jianglong Shipbuilding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jianglong Shipbuilding 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.

Jianglong Shipbuilding Co Cyclically Adjusted Price-to-FCF Chart

Jianglong Shipbuilding 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 - - 1,058.50 499.18 155.67

Jianglong Shipbuilding 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 - - - 155.67 -

Competitive Comparison of Jianglong Shipbuilding Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Jianglong Shipbuilding 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.


Jianglong Shipbuilding Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jianglong Shipbuilding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jianglong Shipbuilding Co's Cyclically Adjusted Price-to-FCF falls into.



Jianglong Shipbuilding 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.

Jianglong Shipbuilding Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.52/0.09
=139.11

* 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.

Jianglong Shipbuilding Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Jianglong Shipbuilding Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.705/114.7809*114.7809
=0.705

Current CPI (Dec23) = 114.7809.

Jianglong Shipbuilding Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.206 99.000 -0.239
201512 0.195 100.600 0.222
201612 0.052 102.600 0.058
201712 -0.330 104.500 -0.362
201812 0.364 106.500 0.392
201912 -0.172 111.200 -0.178
202012 -0.027 111.500 -0.028
202112 0.237 113.108 0.241
202212 0.080 115.116 0.080
202312 0.705 114.781 0.705

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.


Jianglong Shipbuilding Co  (SZSE:300589) 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.


Jianglong Shipbuilding Co Cyclically Adjusted Price-to-FCF Related Terms

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


Jianglong Shipbuilding Co (SZSE:300589) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Guizhu Road, Jianglong Boat Science and Technology Park, Shenwan Town, Guangdong Province, Zhongshan, CHN, 528462
Jianglong Shipbuilding Co Ltd manufactures and sells various yachts and boats. It is engaged in design, research and development, manufacturing and sales of patrol boats, tourism leisure boats and passenger boats, which are made of steel, aluminum alloy, fiberglass and composite materials. The company's products include fiberglass luxury yachts, patrol boats, tourist passenger boats, fishing vessels, and Passenger boat.
Executives
Zhao Sheng Hua Director
Tan Yong Can Executives
Yan Zhi Qing Directors, executives
Xia Gang Director
Gong Zhong Ying Director
He Wen Jun Directors, executives
Cheng Jue Hao Independent director

Jianglong Shipbuilding Co (SZSE:300589) Headlines

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