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Rongan Property Co (SZSE:000517) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Rongan Property Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rongan Property Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rongan Property 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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Rongan Property Co Cyclically Adjusted Price-to-FCF Chart

Rongan Property Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Rongan Property 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 Rongan Property Co's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Rongan Property 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.


Rongan Property Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rongan Property Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rongan Property 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.

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

For example, Rongan Property 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)
=0.035/115.2271*115.2271
=0.035

Current CPI (Mar. 2024) = 115.2271.

Rongan Property Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.167 98.200 -0.196
201409 -0.125 98.900 -0.146
201412 -0.021 99.000 -0.024
201503 -0.090 99.900 -0.104
201506 0.101 99.500 0.117
201509 0.026 100.500 0.030
201512 0.175 100.600 0.200
201603 0.075 102.200 0.085
201606 0.074 101.400 0.084
201609 0.080 102.400 0.090
201612 -0.174 102.600 -0.195
201703 0.011 103.200 0.012
201706 0.113 103.100 0.126
201709 -0.273 104.100 -0.302
201712 0.067 104.500 0.074
201803 0.163 105.300 0.178
201806 0.120 104.900 0.132
201809 0.143 106.600 0.155
201812 -1.283 106.500 -1.388
201903 -0.085 107.700 -0.091
201906 0.068 107.700 0.073
201909 -0.197 109.800 -0.207
201912 0.359 111.200 0.372
202003 -0.110 112.300 -0.113
202006 -0.778 110.400 -0.812
202009 -0.011 111.700 -0.011
202012 -2.473 111.500 -2.556
202103 -0.797 112.662 -0.815
202106 -0.409 111.769 -0.422
202109 -0.841 112.215 -0.864
202112 1.916 113.108 1.952
202203 0.822 114.335 0.828
202206 1.155 114.558 1.162
202209 0.982 115.339 0.981
202212 0.330 115.116 0.330
202303 0.411 115.116 0.411
202306 0.181 114.558 0.182
202309 0.181 115.339 0.181
202312 -0.011 114.781 -0.011
202403 0.035 115.227 0.035

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.


Rongan Property Co  (SZSE:000517) 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.


Rongan Property Co Cyclically Adjusted Price-to-FCF Related Terms

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Rongan Property Co (SZSE:000517) Business Description

Traded in Other Exchanges
N/A
Address
No. 513, Lingqiao Road, 15th Floor, Haishu District, Zhejiang, Ningbo, CHN, 315010
Rongan Property Co Ltd is a China-based company engages in the development, operation, and distribution of real estate. Its business activities include the sale of real estate properties, property management, and house leasing services. It is also engaged in the construction of commercial properties such as parking lots. It also offers multi-story apartments, small and high-rise apartments and business buildings.

Rongan Property Co (SZSE:000517) Headlines

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