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Shanghai ZJ Bio-Tech Co (SHSE:688317) Cyclically Adjusted Price-to-FCF : 13.36 (As of Apr. 27, 2024)


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What is Shanghai ZJ Bio-Tech Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Shanghai ZJ Bio-Tech Co's current share price is ¥14.83. Shanghai ZJ Bio-Tech Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥1.11. Shanghai ZJ Bio-Tech Co's Cyclically Adjusted Price-to-FCF for today is 13.36.

The historical rank and industry rank for Shanghai ZJ Bio-Tech Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:688317' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.76   Med: 17.34   Max: 28.05
Current: 13.31

During the past 11 years, Shanghai ZJ Bio-Tech Co's highest Cyclically Adjusted Price-to-FCF was 28.05. The lowest was 12.76. And the median was 17.34.

SHSE:688317's Cyclically Adjusted Price-to-FCF is ranked better than
86.9% of 229 companies
in the Medical Devices & Instruments industry
Industry Median: 42.75 vs SHSE:688317: 13.31

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Shanghai ZJ Bio-Tech Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥-0.846. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥1.11 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai ZJ Bio-Tech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai ZJ Bio-Tech 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.

* Premium members only.

Shanghai ZJ Bio-Tech Co Cyclically Adjusted Price-to-FCF Chart

Shanghai ZJ Bio-Tech 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 - - - 27.21 18.89

Shanghai ZJ Bio-Tech Co Quarterly Data
Dec18 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 27.21 - - - 18.89

Competitive Comparison of Shanghai ZJ Bio-Tech Co's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Shanghai ZJ Bio-Tech 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.


Shanghai ZJ Bio-Tech Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai ZJ Bio-Tech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai ZJ Bio-Tech Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai ZJ Bio-Tech 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.

Shanghai ZJ Bio-Tech Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.83/1.11
=13.36

* 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.

Shanghai ZJ Bio-Tech Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shanghai ZJ Bio-Tech Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.846/114.6694*114.6694
=-0.846

Current CPI (Dec23) = 114.6694.

Shanghai ZJ Bio-Tech Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.046 99.000 0.053
201512 -0.080 100.600 -0.091
201612 0.086 102.600 0.096
201712 0.131 104.500 0.144
201812 0.436 106.500 0.469
201912 0.361 111.200 0.372
202012 7.306 111.500 7.514
202112 0.755 113.108 0.765
202212 2.638 115.116 2.628
202312 -0.846 114.669 -0.846

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.


Shanghai ZJ Bio-Tech Co  (SHSE:688317) 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.


Shanghai ZJ Bio-Tech Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai ZJ Bio-Tech Co (SHSE:688317) Business Description

Traded in Other Exchanges
N/A
Address
No. 588 Xinjun Ring Road, Building 26, Pujiang Hi-Tech Park, Caohejing Development Zone, Shanghai, CHN
Shanghai ZJ Bio-Tech Co Ltd is engaged in research and development, production and sales of genetic diagnostic reagents and instruments and equipment. The rapid real-time fluorescent PCR diagnostic test reagents developed by the company are mainly used in clinical medicine, public health emergencies, entry-exit inspection and quarantine, food inspection, animal husbandry, aquaculture and other fields.

Shanghai ZJ Bio-Tech Co (SHSE:688317) Headlines

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