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Jiangsu Tongguang Electronic Wire and Cable Co (SZSE:300265) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Jiangsu Tongguang Electronic Wire and Cable Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Tongguang Electronic Wire and Cable Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Tongguang Electronic Wire and Cable 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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Jiangsu Tongguang Electronic Wire and Cable Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Tongguang Electronic Wire and Cable Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Jiangsu Tongguang Electronic Wire and Cable Co 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 Jiangsu Tongguang Electronic Wire and Cable Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Jiangsu Tongguang Electronic Wire and Cable 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.


Jiangsu Tongguang Electronic Wire and Cable Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Tongguang Electronic Wire and Cable Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Tongguang Electronic Wire and Cable Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Tongguang Electronic Wire and Cable 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.

Jiangsu Tongguang Electronic Wire and Cable Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jiangsu Tongguang Electronic Wire and Cable 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)
=-0.383/115.2271*115.2271
=-0.383

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Tongguang Electronic Wire and Cable Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.096 98.200 -0.113
201409 -0.035 98.900 -0.041
201412 0.047 99.000 0.055
201503 -0.097 99.900 -0.112
201506 -0.115 99.500 -0.133
201509 -0.094 100.500 -0.108
201512 0.433 100.600 0.496
201603 -0.255 102.200 -0.288
201606 -0.351 101.400 -0.399
201609 0.049 102.400 0.055
201612 0.361 102.600 0.405
201703 -0.224 103.200 -0.250
201706 0.166 103.100 0.186
201709 0.109 104.100 0.121
201712 0.296 104.500 0.326
201803 -0.200 105.300 -0.219
201806 -0.138 104.900 -0.152
201809 -0.109 106.600 -0.118
201812 0.323 106.500 0.349
201903 0.097 107.700 0.104
201906 -0.063 107.700 -0.067
201909 0.191 109.800 0.200
201912 0.195 111.200 0.202
202003 -0.192 112.300 -0.197
202006 0.148 110.400 0.154
202009 -0.094 111.700 -0.097
202012 0.183 111.500 0.189
202103 -0.267 112.662 -0.273
202106 -0.419 111.769 -0.432
202109 0.001 112.215 0.001
202112 0.289 113.108 0.294
202203 -0.446 114.335 -0.449
202206 -0.120 114.558 -0.121
202209 -0.258 115.339 -0.258
202212 0.512 115.116 0.512
202303 -0.203 115.116 -0.203
202306 -0.080 114.558 -0.080
202309 -0.172 115.339 -0.172
202312 0.387 114.781 0.389
202403 -0.383 115.227 -0.383

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.


Jiangsu Tongguang Electronic Wire and Cable Co  (SZSE:300265) 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.


Jiangsu Tongguang Electronic Wire and Cable Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsu Tongguang Electronic Wire and Cable Co (SZSE:300265) Business Description

Traded in Other Exchanges
N/A
Address
No.169, Bohai Road, Jiangsu, Haimen, CHN, 226103
Jiangsu Tongguang Electronic Wire and Cable Co Ltd is engaged in the production and sales of semiconductor chips, optical active, passive components, and electrical wires. The products of the company include power cable series, energy saving series, electronic cable series, and aluminium clad steel wire series.
Executives
Xue Wan Jian Executives
Tang Zheng Guo Independent director
Dai Qing Director
Zhang Shu Qin Supervisors
Jiang Yong Wei Director
Wang Xu Guang Directors, executives
Chen Jian Xu Executives
Zhang Zhong Director
Zhang Jian Ming Supervisors
Xu Xue Ping Supervisors

Jiangsu Tongguang Electronic Wire and Cable Co (SZSE:300265) Headlines

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