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PT Provident Investasi Bersama Tbk (ISX:PALM) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is PT Provident Investasi Bersama Tbk Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Provident Investasi Bersama Tbk Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PT Provident Investasi Bersama Tbk'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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PT Provident Investasi Bersama Tbk Cyclically Adjusted Price-to-FCF Chart

PT Provident Investasi Bersama Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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PT Provident Investasi Bersama Tbk 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 PT Provident Investasi Bersama Tbk's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, PT Provident Investasi Bersama Tbk'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.


PT Provident Investasi Bersama Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Provident Investasi Bersama Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Provident Investasi Bersama Tbk's Cyclically Adjusted Price-to-FCF falls into.



PT Provident Investasi Bersama Tbk 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.

PT Provident Investasi Bersama Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PT Provident Investasi Bersama Tbk'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)
=-19.919/129.3947*129.3947
=-19.919

Current CPI (Dec. 2023) = 129.3947.

PT Provident Investasi Bersama Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -9.566 92.483 -13.384
201406 -3.619 93.015 -5.034
201409 -19.924 94.576 -27.259
201412 -34.242 98.819 -44.837
201503 -14.676 98.388 -19.301
201506 -6.650 99.766 -8.625
201509 -23.792 101.037 -30.470
201512 -18.750 102.133 -23.755
201603 -8.176 102.764 -10.295
201606 -7.369 103.212 -9.238
201609 -12.135 104.142 -15.077
201612 15.571 105.222 19.148
201703 0.044 106.476 0.053
201706 -6.452 107.722 -7.750
201709 6.192 108.020 7.417
201712 0.914 109.017 1.085
201803 -2.361 110.097 -2.775
201806 -4.619 111.085 -5.380
201809 -14.613 111.135 -17.014
201812 1.691 112.430 1.946
201903 -3.060 112.829 -3.509
201906 -5.065 114.730 -5.712
201909 0.834 114.905 0.939
201912 -2.228 115.486 -2.496
202003 1.262 116.252 1.405
202006 1.420 116.630 1.575
202009 2.248 116.397 2.499
202012 -1.288 117.318 -1.421
202103 1.284 117.840 1.410
202106 3.003 118.184 3.288
202109 7.717 118.262 8.443
202112 51.187 119.516 55.418
202203 -59.794 120.948 -63.970
202206 13.041 123.322 13.683
202209 40.980 125.298 42.320
202212 -3.463 126.098 -3.554
202303 -87.445 126.953 -89.127
202306 -110.738 127.663 -112.240
202309 -154.500 128.151 -155.999
202312 -19.919 129.395 -19.919

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.


PT Provident Investasi Bersama Tbk  (ISX:PALM) 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.


PT Provident Investasi Bersama Tbk Cyclically Adjusted Price-to-FCF Related Terms

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


PT Provident Investasi Bersama Tbk (ISX:PALM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan H.R. Rasuna Said, Generali Tower, Kawasan Rasuna Epicentrum, 17th Floor D, G, H, Gran Rubina Business Park, Karet Kuningan, Setiabudi, Jakarta, IDN, 12940
PT Provident Investasi Bersama Tbk is an investment company. The segments of the company are Blue Chip and Others, of which the majority of the revenue is derived from the Blue Chip segment.

PT Provident Investasi Bersama Tbk (ISX:PALM) Headlines

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