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Tianjin Tianbao Infrastructure Co (SZSE:000965) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Tianjin Tianbao Infrastructure Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianjin Tianbao Infrastructure Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tianjin Tianbao Infrastructure 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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Tianjin Tianbao Infrastructure Co Cyclically Adjusted Price-to-FCF Chart

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

For the Real Estate - Development subindustry, Tianjin Tianbao Infrastructure 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.


Tianjin Tianbao Infrastructure Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

* The bar in red indicates where Tianjin Tianbao Infrastructure Co's Cyclically Adjusted Price-to-FCF falls into.



Tianjin Tianbao Infrastructure 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.

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

For example, Tianjin Tianbao Infrastructure 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)
=0.217/114.6694*114.6694
=0.217

Current CPI (Mar. 2024) = 114.6694.

Tianjin Tianbao Infrastructure Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.082 98.200 0.096
201409 -0.189 98.900 -0.219
201412 0.599 99.000 0.694
201503 -0.031 99.900 -0.036
201506 0.156 99.500 0.180
201509 0.171 100.500 0.195
201512 0.268 100.600 0.305
201603 -0.086 102.200 -0.096
201606 0.292 101.400 0.330
201609 0.056 102.400 0.063
201612 0.894 102.600 0.999
201703 -1.640 103.200 -1.822
201706 -0.762 103.100 -0.848
201709 1.036 104.100 1.141
201712 0.380 104.500 0.417
201803 -0.113 105.300 -0.123
201806 -1.288 104.900 -1.408
201809 -0.464 106.600 -0.499
201812 0.008 106.500 0.009
201903 -0.108 107.700 -0.115
201906 0.113 107.700 0.120
201909 -0.094 109.800 -0.098
201912 -0.245 111.200 -0.253
202003 -0.147 112.300 -0.150
202006 -0.253 110.400 -0.263
202009 -0.525 111.700 -0.539
202012 -0.085 111.500 -0.087
202103 -0.549 112.662 -0.559
202106 0.602 111.769 0.618
202109 0.320 112.215 0.327
202112 0.527 113.108 0.534
202203 0.242 114.335 0.243
202206 0.070 114.558 0.070
202209 0.110 115.339 0.109
202212 0.339 115.116 0.338
202303 -1.296 115.116 -1.291
202306 0.719 114.558 0.720
202309 -0.255 115.339 -0.254
202312 -0.302 114.669 -0.302
202403 0.217 114.669 0.217

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.


Tianjin Tianbao Infrastructure Co  (SZSE:000965) 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.


Tianjin Tianbao Infrastructure Co Cyclically Adjusted Price-to-FCF Related Terms

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Tianjin Tianbao Infrastructure Co (SZSE:000965) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Xiwu Road, Tianjin Airport Economic Zone, Tianbao Huijin Plaza Building 1, Tianjin, 300300, CHN, 300461
Tianjin Tianbao Infrastructure Co Ltd is primarily engaged in the development and operation of real estate. Its main business is real estate development and infrastructure construction. Further, it is also involved in the park development, equity investment and property management activity. Geographically, the business activities are carried out through the region of China.

Tianjin Tianbao Infrastructure Co (SZSE:000965) Headlines

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