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ProAm Explorations (TSXV:PMX) Cyclically Adjusted Price-to-FCF : (As of Jan. 18, 2025)


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What is ProAm Explorations Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ProAm Explorations Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ProAm Explorations'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.

ProAm Explorations Cyclically Adjusted Price-to-FCF Chart

ProAm Explorations 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 - - 191.29 19.50 -

ProAm Explorations Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 34.13 -

Competitive Comparison of ProAm Explorations's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, ProAm Explorations'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.


ProAm Explorations's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where ProAm Explorations's Cyclically Adjusted Price-to-FCF falls into.



ProAm Explorations 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.

ProAm Explorations's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, ProAm Explorations's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.005/127.2847*127.2847
=0.005

Current CPI (Sep. 2024) = 127.2847.

ProAm Explorations Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.025 98.367 -0.032
201503 -0.001 99.789 -0.001
201506 -0.006 100.500 -0.008
201509 0.000 100.421 0.000
201512 -0.002 99.947 -0.003
201603 -0.002 101.054 -0.003
201606 0.000 102.002 0.000
201609 0.002 101.765 0.003
201612 0.007 101.449 0.009
201703 -0.006 102.634 -0.007
201706 0.000 103.029 0.000
201709 0.020 103.345 0.025
201712 -0.022 103.345 -0.027
201803 0.007 105.004 0.008
201806 -0.017 105.557 -0.020
201809 0.005 105.636 0.006
201812 0.005 105.399 0.006
201903 -0.004 106.979 -0.005
201906 0.000 107.690 0.000
201909 -0.026 107.611 -0.031
201912 0.033 107.769 0.039
202003 0.003 107.927 0.004
202006 -0.025 108.401 -0.029
202009 0.007 108.164 0.008
202012 0.002 108.559 0.002
202103 -0.001 110.298 -0.001
202106 -0.004 111.720 -0.005
202109 0.003 112.905 0.003
202112 0.004 113.774 0.004
202203 -0.016 117.646 -0.017
202206 0.007 120.806 0.007
202209 -0.009 120.648 -0.009
202212 -0.001 120.964 -0.001
202303 0.000 122.702 0.000
202306 -0.005 124.203 -0.005
202309 0.000 125.230 0.000
202312 0.001 125.072 0.001
202403 -0.006 126.258 -0.006
202406 0.004 127.522 0.004
202409 0.005 127.285 0.005

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.


ProAm Explorations  (TSXV:PMX) 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.


ProAm Explorations Cyclically Adjusted Price-to-FCF Related Terms

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


ProAm Explorations Business Description

Industry
Traded in Other Exchanges
N/A
Address
867 West 3rd Street, North Vancouver, Vancouver, BC, CAN, V7P 1E2
Website
ProAm Explorations Corp is a junior mineral and oil and natural gas exploration and development company. It operates in Canada and the United States. Mineral exploration is focused in the USA Canada while little oil and natural gas activity has been pursued. The company is a junior exploration company putting its emphasis on mineral properties as economic conditions in natural gas markets have been unsettled. It has a single operating segment the acquisition, exploration and development of resource properties. The firm holds interest in Utah Property, Jet Property, Tucker County, and Samuel Lake property.
Executives
Macdonald Maureen Director or Senior Officer of 10% Security Holder
Glencoe-macdonald Holdings Ltd. 10% Security Holder
Donald Leo Macdonald Senior Officer

ProAm Explorations Headlines