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The Erawan Group PCL (BKK:ERW) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is The Erawan Group PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Erawan Group PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Erawan Group PCL'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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The Erawan Group PCL Cyclically Adjusted Price-to-FCF Chart

The Erawan Group PCL 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 142.46 - - - -

The Erawan Group PCL 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 The Erawan Group PCL's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, The Erawan Group PCL'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.


The Erawan Group PCL's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Erawan Group PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where The Erawan Group PCL's Cyclically Adjusted Price-to-FCF falls into.



The Erawan Group PCL 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.

The Erawan Group PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Erawan Group PCL'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)
=0.049/131.7762*131.7762
=0.049

Current CPI (Mar. 2024) = 131.7762.

The Erawan Group PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.102 100.560 -0.134
201409 -0.049 100.428 -0.064
201412 0.039 99.070 0.052
201503 0.040 99.621 0.053
201506 0.049 100.684 0.064
201509 -0.010 100.392 -0.013
201512 0.066 99.792 0.087
201603 0.051 100.470 0.067
201606 0.033 101.688 0.043
201609 0.016 101.861 0.021
201612 0.029 101.863 0.038
201703 0.053 102.862 0.068
201706 -0.017 103.349 -0.022
201709 -0.010 104.136 -0.013
201712 0.012 104.011 0.015
201803 0.038 105.290 0.048
201806 -0.022 106.317 -0.027
201809 -0.039 106.507 -0.048
201812 0.038 105.998 0.047
201903 0.037 107.251 0.045
201906 -0.058 108.070 -0.071
201909 -0.037 108.329 -0.045
201912 0.050 108.420 0.061
202003 -0.071 108.902 -0.086
202006 -0.145 108.767 -0.176
202009 -0.051 109.815 -0.061
202012 -0.030 109.897 -0.036
202103 -0.112 111.754 -0.132
202106 -0.097 114.631 -0.112
202109 -0.078 115.734 -0.089
202112 -0.036 117.630 -0.040
202203 -0.021 121.301 -0.023
202206 -0.039 125.017 -0.041
202209 0.031 125.227 0.033
202212 0.133 125.222 0.140
202303 0.100 127.348 0.103
202306 0.049 128.729 0.050
202309 -0.203 129.860 -0.206
202312 0.056 129.419 0.057
202403 0.049 131.776 0.049

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.


The Erawan Group PCL  (BKK:ERW) 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.


The Erawan Group PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of The Erawan Group PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


The Erawan Group PCL (BKK:ERW) Business Description

Traded in Other Exchanges
N/A
Address
Ploenchit Center, 2 Sukhumvit Soi 2 Road, 6th Floor, Klong Toey Subdistrict, Klong Toey District, Bangkok, THA, 10110
The Erawan Group PCL is a company that focuses on investing in various companies, engaged in the hotel business and in building rental business. The company operates two business segments: Hotel business segment, which consists of Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, a Luxury Collection Resort and Spa, Phuket, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam and Ibis Hotels; and the Rental and management building business segment including Erawan Bangkok, which is a boutique mall to the center of Bangkok's business and commercial district and Ploenchit Center, which is an office building with retail shops and international restaurants.

The Erawan Group PCL (BKK:ERW) Headlines

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