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Power Line Engineering PCL (BKK:PLE) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Power Line Engineering PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Line Engineering PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Power Line Engineering PCL'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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Power Line Engineering PCL Cyclically Adjusted Price-to-FCF Chart

Power Line Engineering PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Power Line Engineering PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Power Line Engineering PCL's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Power Line Engineering PCL'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.


Power Line Engineering PCL's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Power Line Engineering PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Power Line Engineering PCL's Cyclically Adjusted Price-to-FCF falls into.



Power Line Engineering PCL 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.

Power Line Engineering PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Power Line Engineering PCL'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)
=0.272/129.4194*129.4194
=0.272

Current CPI (Dec. 2023) = 129.4194.

Power Line Engineering PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.263 99.695 -0.341
201406 -0.065 100.560 -0.084
201409 0.193 100.428 0.249
201412 0.135 99.070 0.176
201503 -0.186 99.621 -0.242
201506 -0.125 100.684 -0.161
201509 -0.006 100.392 -0.008
201512 0.455 99.792 0.590
201603 0.398 100.470 0.513
201606 -0.037 101.688 -0.047
201609 -0.039 101.861 -0.050
201612 0.309 101.863 0.393
201703 -0.088 102.862 -0.111
201706 0.017 103.349 0.021
201709 -0.432 104.136 -0.537
201712 -0.025 104.011 -0.031
201803 -0.458 105.290 -0.563
201806 -0.180 106.317 -0.219
201809 -0.207 106.507 -0.252
201812 -0.285 105.998 -0.348
201903 -0.045 107.251 -0.054
201906 -0.028 108.070 -0.034
201909 0.251 108.329 0.300
201912 -0.676 108.420 -0.807
202003 -0.066 108.902 -0.078
202006 -0.082 108.767 -0.098
202009 -0.060 109.815 -0.071
202012 -0.177 109.897 -0.208
202103 0.034 111.754 0.039
202106 -0.190 114.631 -0.215
202109 0.490 115.734 0.548
202112 0.898 117.630 0.988
202203 -0.623 121.301 -0.665
202206 -0.373 125.017 -0.386
202209 -0.279 125.227 -0.288
202212 -0.239 125.222 -0.247
202303 -0.581 127.348 -0.590
202306 -0.310 128.729 -0.312
202309 -0.206 129.860 -0.205
202312 0.272 129.419 0.272

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.


Power Line Engineering PCL  (BKK:PLE) 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.


Power Line Engineering PCL Cyclically Adjusted Price-to-FCF Related Terms

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Power Line Engineering PCL (BKK:PLE) Business Description

Traded in Other Exchanges
N/A
Address
2 Soi Sukhumvit 81 (Siripot), Sukhumvit Road, Bangjak, Phra Khanong, Bangkok, THA, 10260
Power Line Engineering PCL is a Thailand-based company engaged in the businesses of system installation of electrical, telecommunication, air condition, sanitary and fire protection and civil construction. The operations of the company principally involve construction contracting and property development, and are mostly carried out in a single geographic area of Thailand.

Power Line Engineering PCL (BKK:PLE) Headlines

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