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Pretium Resources (Pretium Resources) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Pretium Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pretium Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pretium Resources'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.

Pretium Resources Cyclically Adjusted Price-to-FCF Chart

Pretium Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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Pretium Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Pretium Resources's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Pretium Resources'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.


Pretium Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Pretium Resources 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.

Pretium Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Pretium Resources's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.123/112.9049*112.9049
=0.123

Current CPI (Sep. 2021) = 112.9049.

Pretium Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 -0.178 94.970 -0.212
201203 -0.152 96.155 -0.178
201206 -0.288 96.076 -0.338
201209 -0.445 96.392 -0.521
201212 -0.244 95.760 -0.288
201303 -0.285 97.103 -0.331
201306 -0.250 97.182 -0.290
201309 -0.285 97.419 -0.330
201312 -0.146 96.945 -0.170
201403 -0.139 98.604 -0.159
201406 -0.092 99.473 -0.104
201409 -0.129 99.394 -0.147
201412 -0.209 98.367 -0.240
201503 -0.157 99.789 -0.178
201506 -0.251 100.500 -0.282
201509 -0.317 100.421 -0.356
201512 -0.402 99.947 -0.454
201603 -0.450 101.054 -0.503
201606 -0.508 102.002 -0.562
201609 -0.616 101.765 -0.683
201612 -0.709 101.449 -0.789
201703 -0.946 102.634 -1.041
201706 -0.660 103.029 -0.723
201709 -0.048 103.345 -0.052
201712 -0.017 103.345 -0.019
201803 0.082 105.004 0.088
201806 0.390 105.557 0.417
201809 0.225 105.636 0.240
201812 0.198 105.399 0.212
201903 0.187 106.979 0.197
201906 0.183 107.690 0.192
201909 0.338 107.611 0.355
201912 0.266 107.769 0.279
202003 0.224 107.927 0.234
202006 0.442 108.401 0.460
202009 0.355 108.164 0.371
202012 0.414 108.559 0.431
202103 0.254 110.298 0.260
202106 0.268 111.720 0.271
202109 0.123 112.905 0.123

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.


Pretium Resources  (NYSE:PVG) 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.


Pretium Resources Cyclically Adjusted Price-to-FCF Related Terms

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Pretium Resources (Pretium Resources) Business Description

Traded in Other Exchanges
N/A
Address
1055 Dunsmuir Street, Suite 2300, P.O. Box 49334, Four Bentall Centre, Vancouver, BC, CAN, V7X 1L4
Pretium Resources Inc is an exploration and development company engaged in the acquisition, exploration, and development of precious metal resource properties in the Americas. The Brucejack Project is the company's primary mineral project, which involves near-mine exploration and off-mining leases infrastructure in Brucejack mine, located in northwestern British Columbia, Canada. The company is currently at the engineering and construction phase, progressing toward production as a high-grade underground gold mine. Gold metal is the company's core revenue driver.

Pretium Resources (Pretium Resources) Headlines