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Zhonghong Pulin Medical Products Co (SZSE:300981) Cyclically Adjusted Price-to-FCF : 9.04 (As of Jun. 20, 2024)


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What is Zhonghong Pulin Medical Products Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Zhonghong Pulin Medical Products Co's current share price is ¥10.31. Zhonghong Pulin Medical Products Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥1.14. Zhonghong Pulin Medical Products Co's Cyclically Adjusted Price-to-FCF for today is 9.04.

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

SZSE:300981' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.17   Med: 12.23   Max: 13.81
Current: 9.28

During the past 11 years, Zhonghong Pulin Medical Products Co's highest Cyclically Adjusted Price-to-FCF was 13.81. The lowest was 9.17. And the median was 12.23.

SZSE:300981's Cyclically Adjusted Price-to-FCF is ranked better than
91.53% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 42.23 vs SZSE:300981: 9.28

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.

Zhonghong Pulin Medical Products Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥-0.159. 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 ¥1.14 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhonghong Pulin Medical Products Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhonghong Pulin Medical Products 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.

Zhonghong Pulin Medical Products Co Cyclically Adjusted Price-to-FCF Chart

Zhonghong Pulin Medical Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Zhonghong Pulin Medical Products Co Quarterly Data
Dec18 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 - - - 14.00 -

Competitive Comparison of Zhonghong Pulin Medical Products Co's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Zhonghong Pulin Medical Products 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.


Zhonghong Pulin Medical Products Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zhonghong Pulin Medical Products Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhonghong Pulin Medical Products Co's Cyclically Adjusted Price-to-FCF falls into.



Zhonghong Pulin Medical Products 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.

Zhonghong Pulin Medical Products Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.31/1.14
=9.04

* 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.

Zhonghong Pulin Medical Products Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Zhonghong Pulin Medical Products 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)
=-0.159/114.7809*114.7809
=-0.159

Current CPI (Dec23) = 114.7809.

Zhonghong Pulin Medical Products Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.997 99.000 1.156
201512 -0.246 100.600 -0.281
201612 0.173 102.600 0.194
201712 0.144 104.500 0.158
201812 -1.424 106.500 -1.535
201912 0.115 111.200 0.119
202012 7.831 111.500 8.061
202112 3.923 113.108 3.981
202212 -0.256 115.116 -0.255
202312 -0.159 114.781 -0.159

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.


Zhonghong Pulin Medical Products Co  (SZSE:300981) 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.


Zhonghong Pulin Medical Products Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhonghong Pulin Medical Products Co (SZSE:300981) Business Description

Traded in Other Exchanges
N/A
Address
Chengxi Industrial Zone, Luannan County, Hebei Province, Tangshan, CHN, 063500
Zhonghong Pulin Medical Products Co Ltd is engaged in the research and development, production and sales of high-quality nitrile gloves, PVC gloves and other medical and industrial disposable protective gloves.
Executives
Chen Jun Executives

Zhonghong Pulin Medical Products Co (SZSE:300981) Headlines

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