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IVRCL (BOM:530773) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is IVRCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


IVRCL Cyclically Adjusted Price-to-FCF Historical Data

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

IVRCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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IVRCL Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Jun12 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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Competitive Comparison of IVRCL's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, IVRCL'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.


IVRCL's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, IVRCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



IVRCL 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.

IVRCL's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, IVRCL's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=3.442/146.8646*146.8646
=3.442

Current CPI (Mar23) = 146.8646.

IVRCL Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -37.479 91.425 -60.206
201503 -21.006 97.163 -31.751
201603 25.771 102.518 36.919
201703 14.604 105.196 20.389
201803 2.363 109.786 3.161
201903 0.262 118.202 0.326
202003 3.952 124.705 4.654
202103 2.863 131.771 3.191
202203 3.896 138.822 4.122
202303 3.442 146.865 3.442

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.


IVRCL  (BOM:530773) 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.


IVRCL Cyclically Adjusted Price-to-FCF Related Terms

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


IVRCL (BOM:530773) Business Description

Industry
Traded in Other Exchanges
N/A
Address
MIHIR, 8-2-350/5/A/24/1-B&2, Road No. 2, Panchavati Colony, Banjara Hills, Hyderabad, TG, IND, 500034
IVRCL Ltd is an India-based engineering and construction company. The core areas of the company's work are in sectors like water and environment projects, irrigation, transportation, buildings and industrial structures, power distribution and transmission projects, operations and maintenance, mining, overseas forays, and others. Its water and environmental projects include drinking water supply schemes, hydropower, sewage systems, and others. In addition, it is also engaged in real estate and manufacturing operations. The business segment of the company is Engineering and Construction. The majority of revenue is derived from India.

IVRCL (BOM:530773) Headlines

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