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Baoji Titanium Industry Co (SHSE:600456) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Baoji Titanium Industry Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Baoji Titanium Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Baoji Titanium Industry 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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Baoji Titanium Industry Co Cyclically Adjusted Price-to-FCF Chart

Baoji Titanium Industry Co 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 - 3,100.89 3,346.29 - -

Baoji Titanium Industry Co 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 - - 454.00 345.20 -

Competitive Comparison of Baoji Titanium Industry Co's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Baoji Titanium Industry 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.


Baoji Titanium Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baoji Titanium Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Baoji Titanium Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Baoji Titanium Industry 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.

Baoji Titanium Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Baoji Titanium Industry Co'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)
=-0.924/114.6694*114.6694
=-0.924

Current CPI (Dec. 2023) = 114.6694.

Baoji Titanium Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.238 98.600 0.277
201406 0.295 98.200 0.344
201409 -0.480 98.900 -0.557
201412 0.282 99.000 0.327
201503 -0.292 99.900 -0.335
201506 0.356 99.500 0.410
201509 -0.409 100.500 -0.467
201512 0.375 100.600 0.427
201603 -0.115 102.200 -0.129
201606 -0.046 101.400 -0.052
201609 -0.196 102.400 -0.219
201612 0.063 102.600 0.070
201703 -0.489 103.200 -0.543
201706 0.188 103.100 0.209
201709 0.035 104.100 0.039
201712 0.706 104.500 0.775
201803 -0.063 105.300 -0.069
201806 0.336 104.900 0.367
201809 -0.134 106.600 -0.144
201812 0.599 106.500 0.645
201903 -0.263 107.700 -0.280
201906 -0.195 107.700 -0.208
201909 0.008 109.800 0.008
201912 0.454 111.200 0.468
202003 -0.178 112.300 -0.182
202006 0.126 110.400 0.131
202009 0.490 111.700 0.503
202012 0.187 111.500 0.192
202103 -1.505 112.662 -1.532
202106 0.915 111.769 0.939
202109 -0.216 112.215 -0.221
202112 0.325 113.108 0.329
202203 -0.657 114.335 -0.659
202206 0.396 114.558 0.396
202209 0.060 115.339 0.060
202212 -1.451 115.116 -1.445
202303 -0.197 115.116 -0.196
202306 0.856 114.558 0.857
202309 0.240 115.339 0.239
202312 -0.924 114.669 -0.924

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.


Baoji Titanium Industry Co  (SHSE:600456) 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.


Baoji Titanium Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Baoji Titanium Industry Co (SHSE:600456) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Taicheng Road, Baoji, Shanxi, CHN, 721014
Baoji Titanium Industry Co Ltd is a China-based company engaged in the production of titanium and titanium alloys. Its products include billets, bars, rods, wires, discs, rings, ingots, sheets and plates, forgings, slabs, wires, castings, and rare metals. Its products are used in aerospace, aviation, shipbuilding, fossil fuels, and medical industries.

Baoji Titanium Industry Co (SHSE:600456) Headlines

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