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Petronas Gas Bhd (XKLS:6033) Cyclically Adjusted Price-to-FCF : 16.98 (As of Apr. 30, 2024)


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What is Petronas Gas Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Petronas Gas Bhd's current share price is RM18.00. Petronas Gas Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM1.06. Petronas Gas Bhd's Cyclically Adjusted Price-to-FCF for today is 16.98.

The historical rank and industry rank for Petronas Gas Bhd's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XKLS:6033' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.75   Med: 21.02   Max: 31.53
Current: 16.95

During the past years, Petronas Gas Bhd's highest Cyclically Adjusted Price-to-FCF was 31.53. The lowest was 15.75. And the median was 21.02.

XKLS:6033's Cyclically Adjusted Price-to-FCF is ranked better than
51.28% of 234 companies
in the Utilities - Regulated industry
Industry Median: 17.135 vs XKLS:6033: 16.95

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.

Petronas Gas Bhd's adjusted free cash flow per share data for the three months ended in Dec. 2023 was RM0.225. 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 RM1.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petronas Gas Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Petronas Gas Bhd'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.

Petronas Gas Bhd Cyclically Adjusted Price-to-FCF Chart

Petronas Gas Bhd 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 23.67 22.65 21.59 17.52 16.37

Petronas Gas Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.52 16.36 16.09 15.86 16.37

Competitive Comparison of Petronas Gas Bhd's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, Petronas Gas Bhd'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.


Petronas Gas Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Petronas Gas Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Petronas Gas Bhd's Cyclically Adjusted Price-to-FCF falls into.



Petronas Gas Bhd 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.

Petronas Gas Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.00/1.06
=16.98

* 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.

Petronas Gas Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Petronas Gas Bhd's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.225/129.4194*129.4194
=0.225

Current CPI (Dec. 2023) = 129.4194.

Petronas Gas Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.149 99.695 0.193
201406 0.242 100.560 0.311
201409 0.224 100.428 0.289
201412 0.053 99.070 0.069
201503 0.227 99.621 0.295
201506 0.237 100.684 0.305
201509 0.238 100.392 0.307
201512 0.146 99.792 0.189
201603 0.117 100.470 0.151
201606 0.080 101.688 0.102
201609 0.157 101.861 0.199
201612 0.054 101.863 0.069
201703 0.110 102.862 0.138
201706 0.169 103.349 0.212
201709 0.129 104.136 0.160
201712 0.142 104.011 0.177
201803 0.355 105.290 0.436
201806 0.291 106.317 0.354
201809 0.319 106.507 0.388
201812 0.245 105.998 0.299
201903 0.401 107.251 0.484
201906 0.332 108.070 0.398
201909 0.243 108.329 0.290
201912 0.168 108.420 0.201
202003 0.328 108.902 0.390
202006 0.359 108.767 0.427
202009 0.377 109.815 0.444
202012 0.214 109.897 0.252
202103 0.280 111.754 0.324
202106 0.241 114.631 0.272
202109 0.330 115.734 0.369
202112 0.254 117.630 0.279
202203 0.262 121.301 0.280
202206 0.261 125.017 0.270
202209 0.198 125.227 0.205
202212 0.166 125.222 0.172
202303 0.159 127.348 0.162
202306 0.261 128.729 0.262
202309 0.284 129.860 0.283
202312 0.225 129.419 0.225

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.


Petronas Gas Bhd  (XKLS:6033) 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.


Petronas Gas Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


Petronas Gas Bhd (XKLS:6033) Business Description

Traded in Other Exchanges
Address
Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

Petronas Gas Bhd (XKLS:6033) Headlines

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