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PZ CORMAY (WAR:CRM) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2025)


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What is PZ CORMAY Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PZ CORMAY Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PZ CORMAY'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.

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PZ CORMAY Cyclically Adjusted Price-to-FCF Chart

PZ CORMAY Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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PZ CORMAY Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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Competitive Comparison of PZ CORMAY's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, PZ CORMAY'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.


PZ CORMAY's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, PZ CORMAY's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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PZ CORMAY 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.

PZ CORMAY's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, PZ CORMAY's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.022/157.0208*157.0208
=-0.022

Current CPI (Mar. 2025) = 157.0208.

PZ CORMAY Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.070 100.041 -0.110
201506 -0.058 100.448 -0.091
201509 0.026 99.634 0.041
201512 -0.088 99.471 -0.139
201603 -0.054 98.983 -0.086
201606 -0.091 99.552 -0.144
201609 -0.024 99.064 -0.038
201612 0.009 100.366 0.014
201703 -0.028 101.018 -0.044
201706 0.034 101.180 0.053
201709 -0.024 101.343 -0.037
201712 0.022 102.564 0.034
201803 -0.003 102.564 -0.005
201806 0.013 103.378 0.020
201809 0.021 103.378 0.032
201812 -0.062 103.785 -0.094
201903 0.005 104.274 0.008
201906 -0.042 105.983 -0.062
201909 -0.014 105.983 -0.021
201912 -0.018 107.123 -0.026
202003 -0.038 109.076 -0.055
202006 -0.047 109.402 -0.067
202009 0.040 109.320 0.057
202012 -0.011 109.565 -0.016
202103 -0.011 112.658 -0.015
202106 -0.017 113.960 -0.023
202109 -0.029 115.588 -0.039
202112 -0.010 119.088 -0.013
202203 -0.016 125.031 -0.020
202206 -0.060 131.705 -0.072
202209 -0.034 135.531 -0.039
202212 -0.084 139.113 -0.095
202303 -0.048 145.950 -0.052
202306 -0.054 147.009 -0.058
202309 -0.002 146.113 -0.002
202312 -0.002 147.741 -0.002
202403 -0.031 149.044 -0.033
202406 -0.021 150.997 -0.022
202409 0.000 153.439 0.000
202503 -0.022 157.021 -0.022

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.


PZ CORMAY  (WAR:CRM) 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.


PZ CORMAY Cyclically Adjusted Price-to-FCF Related Terms

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PZ CORMAY Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PZ CORMAY SA (WAR:CRM) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
22 Wiosenna Street, Lomianki, POL, 05-092
PZ CORMAY SA is a manufacturer of diagnostic reagents and laboratory equipment. The company's products are used in Biochemistry, Hematology, Coagulation, Parasitology, Immunology, Urinalysis and Rapid tests.