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Jiangsu Etern Co (SHSE:600105) Cyclically Adjusted Price-to-FCF : (As of May. 03, 2024)


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What is Jiangsu Etern Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Etern Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Etern Co'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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Jiangsu Etern Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Etern Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Jiangsu Etern Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Jiangsu Etern Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Jiangsu Etern Co'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.


Jiangsu Etern Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Jiangsu Etern Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Etern Co 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.

Jiangsu Etern Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jiangsu Etern Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.216/114.6694*114.6694
=-0.216

Current CPI (Mar. 2024) = 114.6694.

Jiangsu Etern Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.046 98.200 -0.054
201409 0.132 98.900 0.153
201412 0.095 99.000 0.110
201503 -0.084 99.900 -0.096
201506 -0.026 99.500 -0.030
201509 -0.001 100.500 -0.001
201512 0.066 100.600 0.075
201603 -0.157 102.200 -0.176
201606 -0.084 101.400 -0.095
201609 0.037 102.400 0.041
201612 0.139 102.600 0.155
201703 0.038 103.200 0.042
201706 -0.136 103.100 -0.151
201709 0.029 104.100 0.032
201712 -0.020 104.500 -0.022
201803 -0.070 105.300 -0.076
201806 -0.254 104.900 -0.278
201809 -0.037 106.600 -0.040
201812 -0.183 106.500 -0.197
201903 -0.046 107.700 -0.049
201906 0.077 107.700 0.082
201909 0.027 109.800 0.028
201912 -0.062 111.200 -0.064
202003 -0.085 112.300 -0.087
202006 -0.144 110.400 -0.150
202009 -0.047 111.700 -0.048
202012 0.779 111.500 0.801
202103 -0.214 112.662 -0.218
202106 -0.331 111.769 -0.340
202109 -0.148 112.215 -0.151
202112 -0.176 113.108 -0.178
202203 -0.194 114.335 -0.195
202206 -0.231 114.558 -0.231
202209 -0.035 115.339 -0.035
202212 -0.133 115.116 -0.132
202303 -0.015 115.116 -0.015
202306 -0.050 114.558 -0.050
202309 -0.030 115.339 -0.030
202312 0.064 114.669 0.064
202403 -0.216 114.669 -0.216

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.


Jiangsu Etern Co  (SHSE:600105) 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.


Jiangsu Etern Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsu Etern Co (SHSE:600105) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fenhu Economic Development Zone, Luxu Town, Wujiang, Jiangsu, CHN, 215211
Jiangsu Etern Co Ltd is a China-based company operating in the communication industry. It is engaged in providing optical fiber optic cable, wires, and cables, special optical cable, optical devices, communication devices and equipment, communication large data and engineering services, system integration solutions in the communications industry chain.

Jiangsu Etern Co (SHSE:600105) Headlines

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