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Gazprom PJSC (XKAZ:RU_GAZP) Cyclically Adjusted Price-to-FCF : (As of Jul. 11, 2025)


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What is Gazprom PJSC Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gazprom PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gazprom PJSC'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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Gazprom PJSC Cyclically Adjusted Price-to-FCF Chart

Gazprom PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 15.95 18.78 -

Gazprom PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
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 23.53 18.78 - - -

Competitive Comparison of Gazprom PJSC's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, Gazprom PJSC'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.


Gazprom PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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


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Gazprom PJSC 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.

Gazprom PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Gazprom PJSC's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/238.3000*238.3000
=0.000

Current CPI (Jun. 2023) = 238.3000.

Gazprom PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 117.300 0.000
201303 28.711 119.500 57.254
201306 0.000 121.400 0.000
201309 0.000 122.800 0.000
201312 0.000 124.900 0.000
201403 63.685 127.800 118.749
201406 17.672 130.900 32.171
201409 0.932 132.700 1.674
201412 39.237 139.000 67.267
201503 34.823 149.400 55.544
201506 -7.400 150.900 -11.686
201509 5.243 153.500 8.139
201512 31.968 157.000 48.522
201603 51.951 160.200 77.278
201606 -6.697 162.200 -9.839
201609 -23.948 163.300 -34.947
201612 23.497 165.400 33.853
201703 -54.857 167.000 -78.278
201706 2.703 169.200 3.807
201709 -44.966 168.200 -63.706
201712 40.505 169.600 56.912
201803 6.655 171.000 9.274
201806 30.995 173.100 42.670
201809 19.672 173.900 26.957
201812 -62.383 176.800 -84.083
201903 64.101 179.900 84.910
201906 61.625 181.200 81.044
201909 -18.902 180.800 -24.913
201912 -124.510 182.200 -162.847
202003 34.201 184.500 44.174
202006 -32.317 187.000 -41.183
202009 26.758 187.400 34.026
202012 57.335 191.100 71.496
202103 53.179 195.200 64.921
202106 37.478 199.100 44.857
202109 26.607 201.300 31.498
202112 147.956 207.200 170.164
202206 0.000 230.800 0.000
202212 0.000 231.900 0.000
202306 0.000 238.300 0.000

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.


Gazprom PJSC  (XKAZ:RU_GAZP) 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.


Gazprom PJSC Cyclically Adjusted Price-to-FCF Related Terms

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Gazprom PJSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gazprom PJSC (XKAZ:RU_GAZP) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.

Gazprom PJSC Headlines

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