GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tahoe Group Co Ltd (SZSE:000732) » Definitions » Cyclically Adjusted Price-to-FCF

Tahoe Group Co (SZSE:000732) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Tahoe Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tahoe Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tahoe 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.

Tahoe Group Co Cyclically Adjusted Price-to-FCF Chart

Tahoe Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tahoe Group Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Tahoe Group Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Tahoe 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.


Tahoe Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tahoe Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tahoe 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.

Tahoe Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Tahoe Group Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.013/115.1156*115.1156
=0.013

Current CPI (Mar. 2023) = 115.1156.

Tahoe Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -3.408 95.984 -4.087
201309 -1.665 97.332 -1.969
201312 0.014 97.624 0.017
201403 -4.564 98.600 -5.328
201406 -2.273 98.200 -2.665
201409 -2.124 98.900 -2.472
201412 0.721 99.000 0.838
201503 0.715 99.900 0.824
201506 -0.390 99.500 -0.451
201509 0.768 100.500 0.880
201512 -1.865 100.600 -2.134
201603 -0.608 102.200 -0.685
201606 -4.119 101.400 -4.676
201609 -2.257 102.400 -2.537
201612 2.873 102.600 3.223
201703 -2.387 103.200 -2.663
201706 -1.426 103.100 -1.592
201709 0.687 104.100 0.760
201712 -2.290 104.500 -2.523
201803 -1.880 105.300 -2.055
201806 1.599 104.900 1.755
201809 0.068 106.600 0.073
201812 5.477 106.500 5.920
201903 4.786 107.700 5.116
201906 3.166 107.700 3.384
201909 0.905 109.800 0.949
201912 0.533 111.200 0.552
202003 -1.184 112.300 -1.214
202006 0.788 110.400 0.822
202009 -0.261 111.700 -0.269
202012 -0.575 111.500 -0.594
202103 -0.252 112.662 -0.257
202106 -0.110 111.769 -0.113
202109 -0.116 112.215 -0.119
202112 0.690 113.108 0.702
202203 0.095 114.335 0.096
202206 -0.012 114.558 -0.012
202209 -0.037 115.339 -0.037
202212 -0.136 115.116 -0.136
202303 0.013 115.116 0.013

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.


Tahoe Group Co  (SZSE:000732) 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.


Tahoe Group Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Tahoe Group Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Tahoe Group Co (SZSE:000732) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 9 East Second Ring Road, Cross Island Road, Taihe square, Taihe center, 20-31 layer, Jinan District, Fuzhou, CHN, 350001
Tahoe Group Co Ltd is a real estate development company. The portfolio owned by the firm includes office buildings, hotel apartments, and commercial pedestrian streets. Geographically, the business operations of the company are located across China mainly in Beijing and Shanghai.
Executives
Shen Li Nan Executives
Ge Yong Directors, executives
Zhu Jin Kang Executives
Huang Qi Sen Directors, executives
Ding Yu Kun Supervisors

Tahoe Group Co (SZSE:000732) Headlines

No Headlines