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Zhejiang China Light & Textile Industrial City Group Co (SHSE:600790) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is Zhejiang China Light & Textile Industrial City Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang China Light & Textile Industrial City Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang China Light & Textile Industrial City Group 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.

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Zhejiang China Light & Textile Industrial City Group Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang China Light & Textile Industrial City Group 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 17.57 21.23 18.10 143.57 -

Zhejiang China Light & Textile Industrial City Group 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 203.93 220.59 - - -

Competitive Comparison of Zhejiang China Light & Textile Industrial City Group Co's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Zhejiang China Light & Textile Industrial City Group 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.


Zhejiang China Light & Textile Industrial City Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhejiang China Light & Textile Industrial City Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang China Light & Textile Industrial City Group Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang China Light & Textile Industrial City Group 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.

Zhejiang China Light & Textile Industrial City Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhejiang China Light & Textile Industrial City Group 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)
=-0.318/115.2271*115.2271
=-0.318

Current CPI (Mar. 2024) = 115.2271.

Zhejiang China Light & Textile Industrial City Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.143 98.200 -0.168
201409 -0.031 98.900 -0.036
201412 -0.038 99.000 -0.044
201503 -0.068 99.900 -0.078
201506 -0.066 99.500 -0.076
201509 -0.049 100.500 -0.056
201512 0.017 100.600 0.019
201603 0.000 102.200 0.000
201606 0.199 101.400 0.226
201609 -0.042 102.400 -0.047
201612 0.018 102.600 0.020
201703 -0.061 103.200 -0.068
201706 -0.011 103.100 -0.012
201709 -0.010 104.100 -0.011
201712 -0.022 104.500 -0.024
201803 -0.236 105.300 -0.258
201806 1.116 104.900 1.226
201809 0.067 106.600 0.072
201812 0.073 106.500 0.079
201903 -0.169 107.700 -0.181
201906 -0.126 107.700 -0.135
201909 0.089 109.800 0.093
201912 0.048 111.200 0.050
202003 -0.050 112.300 -0.051
202006 -0.074 110.400 -0.077
202009 -0.015 111.700 -0.015
202012 0.021 111.500 0.022
202103 -0.047 112.662 -0.048
202106 0.081 111.769 0.084
202109 -0.035 112.215 -0.036
202112 0.070 113.108 0.071
202203 -0.076 114.335 -0.077
202206 0.027 114.558 0.027
202209 -0.414 115.339 -0.414
202212 -0.171 115.116 -0.171
202303 -0.141 115.116 -0.141
202306 -0.159 114.558 -0.160
202309 -0.409 115.339 -0.409
202312 -0.174 114.781 -0.175
202403 -0.318 115.227 -0.318

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.


Zhejiang China Light & Textile Industrial City Group Co  (SHSE:600790) 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.


Zhejiang China Light & Textile Industrial City Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang China Light & Textile Industrial City Group Co (SHSE:600790) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Jianhu Road, Zhongguang Building, Keqiao district, Zhejiang, Shaoxing, CHN, 312030
Zhejiang China Light & Textile Industrial City Group Co Ltd is a China-based company engaged in market development and construction, market leasing, property management, warehousing, transportation services, labor services, textile materials and chemical raw materials. Its main businesses include managing market activities, logistics, financial, e-commerce and training center.
Executives
Yu Jian Miao Supervisors
Jin Jian Shun Director

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