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Pakistan State Oil Co (KAR:PSO) Cyclically Adjusted FCF per Share : ₨-66.09 (As of Mar. 2024)


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What is Pakistan State Oil Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Pakistan State Oil Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₨95.468. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₨-66.09 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-07), Pakistan State Oil Co's current stock price is ₨165.00. Pakistan State Oil Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨-66.09. Pakistan State Oil Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pakistan State Oil Co was 37.96. The lowest was 16.98. And the median was 26.74.


Pakistan State Oil Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pakistan State Oil Co's Cyclically Adjusted FCF per Share 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.

Pakistan State Oil Co Cyclically Adjusted FCF per Share Chart

Pakistan State Oil Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.01 -8.56 -99.70

Pakistan State Oil 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 FCF per Share 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 -63.82 -99.70 -88.26 -82.28 -66.09

Competitive Comparison of Pakistan State Oil Co's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, Pakistan State Oil 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.


Pakistan State Oil Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pakistan State Oil Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pakistan State Oil Co's Cyclically Adjusted Price-to-FCF falls into.



Pakistan State Oil Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Pakistan State Oil 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)
=95.468/131.7762*131.7762
=95.468

Current CPI (Mar. 2024) = 131.7762.

Pakistan State Oil Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 84.559 100.560 110.809
201409 -107.619 100.428 -141.212
201412 -27.470 99.070 -36.539
201503 98.744 99.621 130.616
201506 -29.815 100.684 -39.022
201509 7.752 100.392 10.175
201512 -11.989 99.792 -15.832
201603 1.681 100.470 2.205
201606 -2.331 101.688 -3.021
201609 -29.196 101.861 -37.770
201612 -10.248 101.863 -13.257
201703 -44.334 102.862 -56.796
201706 21.261 103.349 27.109
201709 42.977 104.136 54.384
201712 -100.003 104.011 -126.698
201803 -51.480 105.290 -64.430
201806 110.897 106.317 137.453
201809 -57.555 106.507 -71.210
201812 -61.813 105.998 -76.846
201903 101.387 107.251 124.572
201906 -21.780 108.070 -26.558
201909 -9.687 108.329 -11.784
201912 15.625 108.420 18.991
202003 -89.644 108.902 -108.474
202006 184.290 108.767 223.275
202009 45.454 109.815 54.544
202012 -38.470 109.897 -46.129
202103 -73.326 111.754 -86.463
202106 83.055 114.631 95.477
202109 35.301 115.734 40.194
202112 -263.252 117.630 -294.912
202203 28.050 121.301 30.472
202206 68.181 125.017 71.867
202209 -214.233 125.227 -225.438
202212 -41.912 125.222 -44.106
202303 -306.183 127.348 -316.830
202306 -15.237 128.729 -15.598
202309 40.244 129.860 40.838
202312 -69.206 129.419 -70.466
202403 95.468 131.776 95.468

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Pakistan State Oil Co  (KAR:PSO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pakistan State Oil Co was 37.96. The lowest was 16.98. And the median was 26.74.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Pakistan State Oil Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Pakistan State Oil Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Pakistan State Oil Co (KAR:PSO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
PSO House, Khayaban-e-Iqbal, Clifton, Karachi, SD, PAK, 75600
Pakistan State Oil Co Ltd is engaged in the procurement, storage, and marketing of petroleum and related products. It also blends and markets lubricating oils. It comprises three reportable segments namely Petroleum products, Liquefied Natural Gas (LNG), and Others. The majority of the company's revenues are derived from the petroleum products segment.