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Resource Base (ASX:RBX) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Resource Base Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Resource Base Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Resource Base'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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Resource Base Cyclically Adjusted Price-to-FCF Chart

Resource Base Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Resource Base Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Resource Base's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Resource Base'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.


Resource Base's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resource Base's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Resource Base's Cyclically Adjusted Price-to-FCF falls into.



Resource Base 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.

Resource Base's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Resource Base's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.039/124.1700*124.1700
=-0.039

Current CPI (Jun23) = 124.1700.

Resource Base Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.010 98.352 0.013
201506 -0.005 99.838 -0.006
201606 -0.002 100.859 -0.002
201706 -0.032 102.809 -0.039
201806 -0.020 104.945 -0.024
201906 -0.023 106.617 -0.027
202006 -0.022 106.246 -0.026
202106 -0.047 110.332 -0.053
202206 -0.082 117.112 -0.087
202306 -0.039 124.170 -0.039

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.


Resource Base  (ASX:RBX) 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.


Resource Base Cyclically Adjusted Price-to-FCF Related Terms

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Resource Base (ASX:RBX) Business Description

Traded in Other Exchanges
N/A
Address
99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Resource Base Ltd is a mineral exploration company focused on the acquisition and development of highly prospective exploration projects with demonstrated potential for scalable discoveries. The Company's primary focus was to advance the development of its Mitre Hill REE Project, the Wali and Ernst Lake lithium projects in Quebec, and the Black Range Project in Victoria. The company is organized into one operating segment, being the exploration and production of gold in Australia. Geographically, it operates within Australia.

Resource Base (ASX:RBX) Headlines

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