GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Lujiazui Finance & Trade Zone Development Co Ltd (SHSE:600663) » Definitions » Cyclically Adjusted Price-to-FCF

Shanghai Lujiazui Finance & Trade Zone Development Co (SHSE:600663) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Shanghai Lujiazui Finance & Trade Zone Development Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Lujiazui Finance & Trade Zone Development Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Lujiazui Finance & Trade Zone Development Co'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.

Shanghai Lujiazui Finance & Trade Zone Development Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Lujiazui Finance & Trade Zone Development Co 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 - - - - -

Shanghai Lujiazui Finance & Trade Zone Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -

Competitive Comparison of Shanghai Lujiazui Finance & Trade Zone Development Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Shanghai Lujiazui Finance & Trade Zone Development Co'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.


Shanghai Lujiazui Finance & Trade Zone Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Lujiazui Finance & Trade Zone Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Lujiazui Finance & Trade Zone Development Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Lujiazui Finance & Trade Zone Development Co 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.

Shanghai Lujiazui Finance & Trade Zone Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Lujiazui Finance & Trade Zone Development Co'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)
=0.066/115.2271*115.2271
=0.066

Current CPI (Mar. 2024) = 115.2271.

Shanghai Lujiazui Finance & Trade Zone Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.151 98.200 -0.177
201409 0.128 98.900 0.149
201412 0.096 99.000 0.112
201503 -0.174 99.900 -0.201
201506 0.378 99.500 0.438
201509 0.835 100.500 0.957
201512 -0.080 100.600 -0.092
201603 -0.422 102.200 -0.476
201606 0.092 101.400 0.105
201609 1.099 102.400 1.237
201612 -1.751 102.600 -1.966
201703 -0.021 103.200 -0.023
201706 -0.423 103.100 -0.473
201709 -0.087 104.100 -0.096
201712 -1.196 104.500 -1.319
201803 -0.652 105.300 -0.713
201806 0.810 104.900 0.890
201809 0.431 106.600 0.466
201812 0.145 106.500 0.157
201903 -0.266 107.700 -0.285
201906 -0.296 107.700 -0.317
201909 -2.253 109.800 -2.364
201912 0.752 111.200 0.779
202003 -0.601 112.300 -0.617
202006 0.064 110.400 0.067
202009 -0.268 111.700 -0.276
202012 -0.372 111.500 -0.384
202103 0.229 112.662 0.234
202106 0.092 111.769 0.095
202109 0.006 112.215 0.006
202112 -0.101 113.108 -0.103
202203 -0.910 114.335 -0.917
202206 0.439 114.558 0.442
202209 -1.388 115.339 -1.387
202212 0.196 115.116 0.196
202303 -0.256 115.116 -0.256
202306 0.257 114.558 0.259
202309 1.104 115.339 1.103
202312 0.314 114.781 0.315
202403 0.066 115.227 0.066

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.


Shanghai Lujiazui Finance & Trade Zone Development Co  (SHSE:600663) 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.


Shanghai Lujiazui Finance & Trade Zone Development Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Shanghai Lujiazui Finance & Trade Zone Development Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Lujiazui Finance & Trade Zone Development Co (SHSE:600663) Business Description

Traded in Other Exchanges
Address
No. 981 Pudong Avenue, Shanghai, Shanghai, CHN, 200135
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd is a China-based real estate company. Its operations predominantly consist of real estate development, management, sales, leasing, and intermediary; municipal public infrastructure development and construction. Its product categories include office, retail, hotel, convention and exhibition and residential properties.

Shanghai Lujiazui Finance & Trade Zone Development Co (SHSE:600663) Headlines

No Headlines