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Music Broadcast (BOM:540366) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Music Broadcast Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Music Broadcast Cyclically Adjusted Price-to-FCF Historical Data

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

Music Broadcast Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 146.43 198.36 239.87 -

Music Broadcast Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24
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 - - 239.87 - -

Competitive Comparison of Music Broadcast's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, Music Broadcast'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.


Music Broadcast's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Music Broadcast's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Music Broadcast 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.

Music Broadcast's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Music Broadcast's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.514/153.0345*153.0345
=0.514

Current CPI (Mar24) = 153.0345.

Music Broadcast Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 1.746 97.163 2.750
201603 -8.335 102.518 -12.442
201703 1.806 105.196 2.627
201803 0.958 109.786 1.335
201903 1.315 118.202 1.703
202003 1.256 124.705 1.541
202103 0.151 131.771 0.175
202203 0.565 138.822 0.623
202303 0.603 146.865 0.628
202403 0.514 153.035 0.514

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.


Music Broadcast  (BOM:540366) 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.


Music Broadcast Cyclically Adjusted Price-to-FCF Related Terms

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Music Broadcast (BOM:540366) Business Description

Traded in Other Exchanges
Address
Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051
Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.

Music Broadcast (BOM:540366) Headlines

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