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Jiangsufety Group Co (SHSE:603028) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Jiangsufety Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsufety Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsufety Group 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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Jiangsufety Group Co Cyclically Adjusted Price-to-FCF Chart

Jiangsufety Group 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 - 115.39 210.82 132.90 -

Jiangsufety Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Jiangsufety Group Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Jiangsufety Group 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.


Jiangsufety Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsufety Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jiangsufety Group 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.

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

For example, Jiangsufety Group 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)
=-1.002/114.6694*114.6694
=-1.002

Current CPI (Mar. 2024) = 114.6694.

Jiangsufety Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 -0.223 99.900 -0.256
201506 0.243 99.500 0.280
201509 -0.042 100.500 -0.048
201512 0.198 100.600 0.226
201603 -0.203 102.200 -0.228
201606 0.147 101.400 0.166
201609 -0.151 102.400 -0.169
201612 0.113 102.600 0.126
201703 -0.328 103.200 -0.364
201706 0.127 103.100 0.141
201709 -0.043 104.100 -0.047
201712 0.338 104.500 0.371
201803 -0.233 105.300 -0.254
201806 0.100 104.900 0.109
201809 -0.056 106.600 -0.060
201812 0.080 106.500 0.086
201903 0.055 107.700 0.059
201906 0.052 107.700 0.055
201909 0.103 109.800 0.108
201912 0.201 111.200 0.207
202003 -0.130 112.300 -0.133
202006 0.101 110.400 0.105
202009 0.060 111.700 0.062
202012 0.234 111.500 0.241
202103 -0.147 112.662 -0.150
202106 -0.040 111.769 -0.041
202109 -0.051 112.215 -0.052
202112 0.158 113.108 0.160
202203 -0.161 114.335 -0.161
202206 0.137 114.558 0.137
202209 0.105 115.339 0.104
202212 0.047 115.116 0.047
202303 -0.204 115.116 -0.203
202306 -0.584 114.558 -0.585
202309 -0.766 115.339 -0.762
202312 0.213 114.669 0.213
202403 -1.002 114.669 -1.002

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.


Jiangsufety Group Co  (SHSE:603028) 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.


Jiangsufety Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsufety Group Co (SHSE:603028) Business Description

Traded in Other Exchanges
N/A
Address
No. 151, Furong Zhongsan Road, XiShan Economic Development Zone, Jiangsu, Wuxi, CHN, 214192
Jiangsu Safety Wire Rope Co Ltd develops and manufactures elevator ropes for customers with different requirements and needs. Its products include wire rope for elevators, lifting Wire rope, steel wire rope, synthetic fiber sling belt rigging, and accessories. Its products are used in elevators, construction machinery, Hong Kong Port terminal, coal mine, marine engineering, shipbuilding, ocean fishing, logistics, and warehousing.

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