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Zhejiang Great Southeast Co (SZSE:002263) Cyclically Adjusted Price-to-FCF : 36.57 (As of Apr. 28, 2024)


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What is Zhejiang Great Southeast Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Zhejiang Great Southeast Co's current share price is ¥2.56. Zhejiang Great Southeast Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥0.07. Zhejiang Great Southeast Co's Cyclically Adjusted Price-to-FCF for today is 36.57.

The historical rank and industry rank for Zhejiang Great Southeast Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002263' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29   Med: 59   Max: 195.5
Current: 38.66

During the past years, Zhejiang Great Southeast Co's highest Cyclically Adjusted Price-to-FCF was 195.50. The lowest was 29.00. And the median was 59.00.

SZSE:002263's Cyclically Adjusted Price-to-FCF is ranked worse than
77.16% of 162 companies
in the Packaging & Containers industry
Industry Median: 15.98 vs SZSE:002263: 38.66

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.

Zhejiang Great Southeast Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ¥0.148. 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 ¥0.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Great Southeast Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Great Southeast 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.

Zhejiang Great Southeast Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Great Southeast 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 - - 239.31 63.83 38.06

Zhejiang Great Southeast 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 63.83 50.19 56.41 54.14 38.06

Competitive Comparison of Zhejiang Great Southeast Co's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, Zhejiang Great Southeast 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.


Zhejiang Great Southeast Co's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Great Southeast Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Great Southeast Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Great Southeast 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.

Zhejiang Great Southeast Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.56/0.07
=36.57

* 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.

Zhejiang Great Southeast Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Zhejiang Great Southeast 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)
=0.148/114.6694*114.6694
=0.148

Current CPI (Dec. 2023) = 114.6694.

Zhejiang Great Southeast Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.067 98.600 -0.078
201406 0.009 98.200 0.011
201409 -0.003 98.900 -0.003
201412 0.003 99.000 0.003
201503 0.026 99.900 0.030
201506 0.224 99.500 0.258
201509 0.010 100.500 0.011
201512 -0.046 100.600 -0.052
201603 -0.039 102.200 -0.044
201606 0.002 101.400 0.002
201609 -0.029 102.400 -0.032
201612 0.025 102.600 0.028
201703 -0.019 103.200 -0.021
201706 -0.004 103.100 -0.004
201709 -0.003 104.100 -0.003
201712 0.049 104.500 0.054
201803 -0.016 105.300 -0.017
201806 0.006 104.900 0.007
201809 0.044 106.600 0.047
201812 0.075 106.500 0.081
201903 0.011 107.700 0.012
201906 0.012 107.700 0.013
201909 0.013 109.800 0.014
201912 0.043 111.200 0.044
202003 -0.006 112.300 -0.006
202006 0.024 110.400 0.025
202009 0.082 111.700 0.084
202012 0.054 111.500 0.056
202103 -0.005 112.662 -0.005
202106 0.018 111.769 0.018
202109 0.045 112.215 0.046
202112 0.026 113.108 0.026
202203 0.010 114.335 0.010
202206 0.014 114.558 0.014
202209 -0.011 115.339 -0.011
202212 0.050 115.116 0.050
202303 0.012 115.116 0.012
202306 -0.138 114.558 -0.138
202309 -0.025 115.339 -0.025
202312 0.148 114.669 0.148

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.


Zhejiang Great Southeast Co  (SZSE:002263) 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.


Zhejiang Great Southeast Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Great Southeast Co (SZSE:002263) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Qianxi Road, Zhejiang Province, Zhuji, CHN, 311800
Zhejiang Great Southeast Co Ltd is a China-based company which focuses on production and distribution of plastic products. The company's products include plastic film used for food packaging, electronics such as lithium battery film, capacitor film, chemical products packaging, medical packaging, and others.

Zhejiang Great Southeast Co (SZSE:002263) Headlines

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