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Jointown Pharmaceutical Group Co (SHSE:600998) Cyclically Adjusted Price-to-FCF : 147.00 (As of Jun. 06, 2024)


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What is Jointown Pharmaceutical Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Jointown Pharmaceutical Group Co's current share price is ¥7.35. Jointown Pharmaceutical Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.05. Jointown Pharmaceutical Group Co's Cyclically Adjusted Price-to-FCF for today is 147.00.

The historical rank and industry rank for Jointown Pharmaceutical Group Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600998' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 114.83   Med: 161   Max: 190.5
Current: 134.84

During the past years, Jointown Pharmaceutical Group Co's highest Cyclically Adjusted Price-to-FCF was 190.50. The lowest was 114.83. And the median was 161.00.

SHSE:600998's Cyclically Adjusted Price-to-FCF is ranked worse than
90.91% of 176 companies
in the Healthcare Providers & Services industry
Industry Median: 23.74 vs SHSE:600998: 134.84

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.

Jointown Pharmaceutical Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-1.008. 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 ¥0.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jointown Pharmaceutical Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jointown Pharmaceutical 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.

* Premium members only.

Jointown Pharmaceutical Group Co Cyclically Adjusted Price-to-FCF Chart

Jointown Pharmaceutical 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 - - - - 123.70

Jointown Pharmaceutical 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 - - 213.40 123.70 148.87

Competitive Comparison of Jointown Pharmaceutical Group Co's Cyclically Adjusted Price-to-FCF

For the Pharmaceutical Retailers subindustry, Jointown Pharmaceutical 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.


Jointown Pharmaceutical Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Jointown Pharmaceutical Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jointown Pharmaceutical Group Co's Cyclically Adjusted Price-to-FCF falls into.



Jointown Pharmaceutical 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.

Jointown Pharmaceutical Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.35/0.05
=147.00

* 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.

Jointown Pharmaceutical Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jointown Pharmaceutical 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)
=-1.008/115.2271*115.2271
=-1.008

Current CPI (Mar. 2024) = 115.2271.

Jointown Pharmaceutical Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.103 98.200 0.121
201409 -0.258 98.900 -0.301
201412 0.598 99.000 0.696
201503 -0.749 99.900 -0.864
201506 -0.184 99.500 -0.213
201509 -0.222 100.500 -0.255
201512 1.050 100.600 1.203
201603 -1.167 102.200 -1.316
201606 0.085 101.400 0.097
201609 0.223 102.400 0.251
201612 0.578 102.600 0.649
201703 -0.819 103.200 -0.914
201706 -0.380 103.100 -0.425
201709 -0.502 104.100 -0.556
201712 0.967 104.500 1.066
201803 -1.231 105.300 -1.347
201806 -0.327 104.900 -0.359
201809 0.077 106.600 0.083
201812 1.265 106.500 1.369
201903 -0.940 107.700 -1.006
201906 0.008 107.700 0.009
201909 -0.027 109.800 -0.028
201912 0.973 111.200 1.008
202003 -0.649 112.300 -0.666
202006 -0.076 110.400 -0.079
202009 0.193 111.700 0.199
202012 1.030 111.500 1.064
202103 -0.681 112.662 -0.697
202106 0.202 111.769 0.208
202109 -0.490 112.215 -0.503
202112 1.431 113.108 1.458
202203 -0.726 114.335 -0.732
202206 0.075 114.558 0.075
202209 0.064 115.339 0.064
202212 1.235 115.116 1.236
202303 -0.830 115.116 -0.831
202306 0.829 114.558 0.834
202309 0.024 115.339 0.024
202312 0.922 114.781 0.926
202403 -1.008 115.227 -1.008

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.


Jointown Pharmaceutical Group Co  (SHSE:600998) 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.


Jointown Pharmaceutical Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Jointown Pharmaceutical Group Co (SHSE:600998) Business Description

Traded in Other Exchanges
N/A
Address
No 8 Longyang Road, Hanyang District, Wuhan, CHN, 430051
Jointown Pharmaceutical Group Co Ltd is engaged in the business of wholesaling drugs and medical devices. The company offers logistics and other value-added services and primarily serves medical institutions, wholesale enterprises, and retail pharmacies.
Executives
Liu Yi Chang Director
Ai Hua Director
Wang Qi Bing senior management
Gong Yi Hua Directors, senior managers
Lin Xin Yang Directors, senior managers
Yang Ju Mei senior management
Chen Qi Ming Directors, senior managers
Chen Li Supervisors
Guo Lei senior management
Liu Su Fang senior management
Xu Ming Zhen senior management
Chen Song Bai senior management
Huang Li Hua senior management
Wang Jia Ming senior management
Chen Bo senior management

Jointown Pharmaceutical Group Co (SHSE:600998) Headlines

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