GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Primeline Energy Holdings Inc (TSXV:PEH.H) » Definitions » Cyclically Adjusted Price-to-FCF

Primeline Energy Holdings (TSXV:PEH.H) Cyclically Adjusted Price-to-FCF : (As of Sep. 20, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Primeline Energy Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Primeline Energy Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Primeline Energy Holdings'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.

Primeline Energy Holdings Cyclically Adjusted Price-to-FCF Chart

Primeline Energy Holdings Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Primeline Energy Holdings Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 - - - - -

Competitive Comparison of Primeline Energy Holdings's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Primeline Energy Holdings'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.


Primeline Energy Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Primeline Energy Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Primeline Energy Holdings's Cyclically Adjusted Price-to-FCF falls into.



Primeline Energy Holdings 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.

Primeline Energy Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2019 is calculated as:

For example, Primeline Energy Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=0.029/110.6999*110.6999
=0.029

Current CPI (Dec. 2019) = 110.6999.

Primeline Energy Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201003 -0.004 81.239 -0.005
201006 -0.318 81.568 -0.432
201009 -0.020 80.029 -0.028
201012 -0.011 83.217 -0.015
201103 -0.015 84.756 -0.020
201106 -0.011 86.185 -0.014
201109 -0.007 84.646 -0.009
201112 -0.012 87.944 -0.015
201203 -0.005 88.934 -0.006
201206 -0.008 89.373 -0.010
201209 -0.007 87.834 -0.009
201212 -0.007 91.132 -0.009
201303 -0.008 92.122 -0.010
201306 -0.010 93.001 -0.012
201309 -0.010 91.902 -0.012
201312 -0.010 95.090 -0.012
201403 -0.007 95.749 -0.008
201406 -0.069 96.409 -0.079
201409 -0.007 97.948 -0.008
201412 -1.709 99.707 -1.897
201503 0.110 99.927 0.122
201506 0.031 99.267 0.035
201509 -0.011 99.927 -0.012
201512 -0.002 102.015 -0.002
201603 0.043 102.785 0.046
201606 0.013 101.686 0.014
201609 0.027 102.565 0.029
201612 0.044 103.225 0.047
201703 0.312 103.335 0.334
201706 -0.041 103.664 -0.044
201709 0.046 103.994 0.049
201712 0.095 104.984 0.100
201803 0.088 105.973 0.092
201806 0.086 106.193 0.090
201809 0.059 106.852 0.061
201812 0.018 107.622 0.019
201903 0.021 108.172 0.021
201906 0.039 109.601 0.039
201909 0.038 110.260 0.038
201912 0.029 110.700 0.029

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.


Primeline Energy Holdings  (TSXV:PEH.H) 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.


Primeline Energy Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Primeline Energy Holdings Business Description

Traded in Other Exchanges
N/A
Address
88 Tai Tam Reservoir Road, Hong Kong Parkview, Hong Kong, HKG
Primeline Energy Holdings Inc is engaged in the exploration, development, and production of offshore oil and gas properties in the People's Republic of China. It owns a right in the East China Sea in relation to Petroleum Contract 25/34 and Petroleum Contract 33/07. The company derives revenue from Natural gas, CO2, Condensate, Light Oil and LPG.

Primeline Energy Holdings Headlines

No Headlines