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Ptt PCL (FRA:NVA3) Cyclically Adjusted Price-to-FCF : 5.60 (As of May. 10, 2024)


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What is Ptt PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-10), Ptt PCL's current share price is €0.84. Ptt PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.15. Ptt PCL's Cyclically Adjusted Price-to-FCF for today is 5.60.

The historical rank and industry rank for Ptt PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:NVA3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.68   Med: 9.08   Max: 17.5
Current: 6

During the past years, Ptt PCL's highest Cyclically Adjusted Price-to-FCF was 17.50. The lowest was 5.68. And the median was 9.08.

FRA:NVA3's Cyclically Adjusted Price-to-FCF is ranked better than
79.8% of 396 companies
in the Oil & Gas industry
Industry Median: 14.42 vs FRA:NVA3: 6.00

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.

Ptt PCL's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.035. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ptt PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ptt 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.

* Premium members only.

Ptt PCL Cyclically Adjusted Price-to-FCF Chart

Ptt 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 10.66 10.07 7.80 6.67 6.36

Ptt PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.67 6.07 6.07 6.00 6.36

Competitive Comparison of Ptt PCL's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, Ptt 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.


Ptt PCL's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Ptt 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.

Ptt PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.84/0.15
=5.60

* 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.

Ptt PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ptt PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.035/129.4194*129.4194
=0.035

Current CPI (Dec. 2023) = 129.4194.

Ptt PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.040 99.695 0.052
201406 0.004 100.560 0.005
201409 0.019 100.428 0.024
201412 0.039 99.070 0.051
201503 0.058 99.621 0.075
201506 -0.016 100.684 -0.021
201509 0.029 100.392 0.037
201512 0.050 99.792 0.065
201603 0.039 100.470 0.050
201606 0.025 101.688 0.032
201609 0.025 101.861 0.032
201612 0.056 101.863 0.071
201703 0.033 102.862 0.042
201706 0.030 103.349 0.038
201709 0.052 104.136 0.065
201712 0.057 104.011 0.071
201803 0.047 105.290 0.058
201806 0.016 106.317 0.019
201809 0.023 106.507 0.028
201812 0.058 105.998 0.071
201903 0.034 107.251 0.041
201906 0.015 108.070 0.018
201909 0.018 108.329 0.022
201912 0.049 108.420 0.058
202003 0.017 108.902 0.020
202006 0.001 108.767 0.001
202009 0.024 109.815 0.028
202012 0.023 109.897 0.027
202103 0.013 111.754 0.015
202106 0.034 114.631 0.038
202109 0.059 115.734 0.066
202112 0.059 117.630 0.065
202203 -0.059 121.301 -0.063
202206 0.005 125.017 0.005
202209 -0.034 125.227 -0.035
202212 0.105 125.222 0.109
202303 0.052 127.348 0.053
202306 0.059 128.729 0.059
202309 0.044 129.860 0.044
202312 0.035 129.419 0.035

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.


Ptt PCL  (FRA:NVA3) 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.


Ptt PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Ptt PCL (FRA:NVA3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ptt PCL (FRA:NVA3) » Definitions » Cyclically Adjusted Price-to-FCF
Address
555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900
Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. Its operations are divided into six units: Coal, Petrochemical, International Trading, Oil, Gas, and Petroleum exploration and production. The International Trading and Petrochemicals businesses have historically produced the group's sales and service volume. International Trading encompasses several activities and is crucial to the company's ability to import and export crude oil, condensate, petroleum products, liquefied petroleum gas, petrochemical products, solvents and chemicals, and other products. PTT engages in Petrochemical operations through group companies that conduct business in fuel processing, production, and sales of upstream, intermediate, and downstream chemicals.

Ptt PCL (FRA:NVA3) Headlines

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