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Zhongrun Resources Investment (SZSE:000506) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Zhongrun Resources Investment Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhongrun Resources Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhongrun Resources Investment'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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Zhongrun Resources Investment Cyclically Adjusted Price-to-FCF Chart

Zhongrun Resources Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Zhongrun Resources Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Zhongrun Resources Investment's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Zhongrun Resources Investment'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.


Zhongrun Resources Investment's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhongrun Resources Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Zhongrun Resources Investment 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.

Zhongrun Resources Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhongrun Resources Investment'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)
=-0.006/115.2271*115.2271
=-0.006

Current CPI (Mar. 2024) = 115.2271.

Zhongrun Resources Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.117 98.200 -0.137
201409 -0.057 98.900 -0.066
201412 -0.076 99.000 -0.088
201503 0.021 99.900 0.024
201506 -0.115 99.500 -0.133
201509 -0.086 100.500 -0.099
201512 -0.061 100.600 -0.070
201603 0.035 102.200 0.039
201606 -0.245 101.400 -0.278
201609 0.017 102.400 0.019
201612 -0.295 102.600 -0.331
201703 -0.032 103.200 -0.036
201706 -0.053 103.100 -0.059
201709 0.109 104.100 0.121
201712 -0.089 104.500 -0.098
201803 0.042 105.300 0.046
201806 0.068 104.900 0.075
201809 0.050 106.600 0.054
201812 -0.001 106.500 -0.001
201903 -0.011 107.700 -0.012
201906 0.017 107.700 0.018
201909 -0.035 109.800 -0.037
201912 0.099 111.200 0.103
202003 0.034 112.300 0.035
202006 -0.013 110.400 -0.014
202009 -0.036 111.700 -0.037
202012 0.069 111.500 0.071
202103 -0.044 112.662 -0.045
202106 -0.007 111.769 -0.007
202109 0.023 112.215 0.024
202112 0.012 113.108 0.012
202203 -0.061 114.335 -0.061
202206 -0.048 114.558 -0.048
202209 -0.015 115.339 -0.015
202212 -0.038 115.116 -0.038
202303 -0.011 115.116 -0.011
202306 -0.013 114.558 -0.013
202309 -0.009 115.339 -0.009
202312 -0.001 114.781 -0.001
202403 -0.006 115.227 -0.006

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.


Zhongrun Resources Investment  (SZSE:000506) 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.


Zhongrun Resources Investment Cyclically Adjusted Price-to-FCF Related Terms

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Zhongrun Resources Investment (SZSE:000506) Business Description

Traded in Other Exchanges
N/A
Address
No. 176 Shunhe Street, Shanghang Building, 31F, Shandong, Jinan, CHN, 250002
Zhongrun Resources Investment Corp is engaged in the mineral development and real estate investment. The mining minerals include gold, silver, and other non-ferrous metals.
Executives
Yang Zhan Wu Independent director
Shi Peng Directors, executives
Xiao Sui Ning Independent director
Liu Cheng Kun Directors, executives

Zhongrun Resources Investment (SZSE:000506) Headlines

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