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Hangzhou Binjiang Real Estate Group Co (SZSE:002244) Cyclically Adjusted Price-to-FCF : 5.22 (As of May. 24, 2024)


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What is Hangzhou Binjiang Real Estate Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Hangzhou Binjiang Real Estate Group Co's current share price is ¥8.97. Hangzhou Binjiang Real Estate Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.72. Hangzhou Binjiang Real Estate Group Co's Cyclically Adjusted Price-to-FCF for today is 5.22.

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

SZSE:002244' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.49   Med: 8.93   Max: 25.45
Current: 5.85

During the past years, Hangzhou Binjiang Real Estate Group Co's highest Cyclically Adjusted Price-to-FCF was 25.45. The lowest was 3.49. And the median was 8.93.

SZSE:002244's Cyclically Adjusted Price-to-FCF is ranked better than
73.74% of 693 companies
in the Real Estate industry
Industry Median: 12.79 vs SZSE:002244: 5.85

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.

Hangzhou Binjiang Real Estate Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.763. 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 ¥1.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hangzhou Binjiang Real Estate Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hangzhou Binjiang Real Estate 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.

Hangzhou Binjiang Real Estate Group Co Cyclically Adjusted Price-to-FCF Chart

Hangzhou Binjiang Real Estate 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 8.34 10.65 6.87 12.83 4.22

Hangzhou Binjiang Real Estate 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 10.58 5.92 6.39 4.22 3.87

Competitive Comparison of Hangzhou Binjiang Real Estate Group Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Hangzhou Binjiang Real Estate 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.


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

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

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



Hangzhou Binjiang Real Estate 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.

Hangzhou Binjiang Real Estate 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
=8.97/1.72
=5.22

* 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.

Hangzhou Binjiang Real Estate Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hangzhou Binjiang Real Estate 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)
=-0.763/115.2271*115.2271
=-0.763

Current CPI (Mar. 2024) = 115.2271.

Hangzhou Binjiang Real Estate Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.070 98.200 -0.082
201409 -0.210 98.900 -0.245
201412 0.519 99.000 0.604
201503 -0.171 99.900 -0.197
201506 1.943 99.500 2.250
201509 1.411 100.500 1.618
201512 0.730 100.600 0.836
201603 1.357 102.200 1.530
201606 0.960 101.400 1.091
201609 1.263 102.400 1.421
201612 0.766 102.600 0.860
201703 0.798 103.200 0.891
201706 0.496 103.100 0.554
201709 0.541 104.100 0.599
201712 -0.854 104.500 -0.942
201803 -3.298 105.300 -3.609
201806 -0.371 104.900 -0.408
201809 0.354 106.600 0.383
201812 -1.123 106.500 -1.215
201903 0.073 107.700 0.078
201906 1.439 107.700 1.540
201909 0.457 109.800 0.480
201912 -1.071 111.200 -1.110
202003 -0.831 112.300 -0.853
202006 1.329 110.400 1.387
202009 -2.680 111.700 -2.765
202012 0.468 111.500 0.484
202103 -0.216 112.662 -0.221
202106 -0.104 111.769 -0.107
202109 0.467 112.215 0.480
202112 0.108 113.108 0.110
202203 -3.541 114.335 -3.569
202206 3.956 114.558 3.979
202209 0.820 115.339 0.819
202212 0.686 115.116 0.687
202303 2.447 115.116 2.449
202306 6.496 114.558 6.534
202309 0.088 115.339 0.088
202312 1.502 114.781 1.508
202403 -0.763 115.227 -0.763

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.


Hangzhou Binjiang Real Estate Group Co  (SZSE:002244) 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.


Hangzhou Binjiang Real Estate Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Hangzhou Binjiang Real Estate Group Co (SZSE:002244) Business Description

Traded in Other Exchanges
N/A
Address
No. 38 Qingchun East Road, Hangzhou, Zhejiang, CHN, 310016
Hangzhou Binjiang Real Estate Group Co Ltd is a real estate development company. The projects of the company include golden dawn, the city of splendid, arc de triomphe, Jiangnan star, oriental star city, and wulin nickname office building.
Executives
Qi Jin Xing Director
Wang Shu Guang Independent director
Wang Zi Xiang Independent director
Yang Quan Sui Independent director
Chen Guo Ling Supervisors
Zhang Hong Li Executives
Mo Jian Hua Director
Shen Wei Dong Executives
Zhu Hui Ming Directors, executives

Hangzhou Binjiang Real Estate Group Co (SZSE:002244) Headlines

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