Heiwa Real Estate REIT (TSE:8966) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)

Heiwa Real Estate REIT Cyclically Adjusted Price-to-FCF Chart

Heiwa Real Estate REIT Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Cyclically Adjusted Price-to-FCF		Get a 7-Day Free Trial					194.22	75.92	-	-	-

Heiwa Real Estate REIT Semi-Annual Data
	Nov13	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cyclically Adjusted Price-to-FCF	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Heiwa Real Estate REIT's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Heiwa Real Estate REIT'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.

Heiwa Real Estate REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heiwa Real Estate REIT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Heiwa Real Estate REIT's Cyclically Adjusted Price-to-FCF falls into.

Heiwa Real Estate REIT 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.

Heiwa Real Estate REIT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov23 is calculated as:

For example, Heiwa Real Estate REIT's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov23 was:

Current CPI (Nov23) = 106.9000.

Heiwa Real Estate REIT Annual Data

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.

Heiwa Real Estate REIT  (TSE:8966) 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.

Heiwa Real Estate REIT Cyclically Adjusted Price-to-FCF Related Terms

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Heiwa Real Estate REIT (TSE:8966) Business Description