GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ptt PCL (OTCPK:PETFF) » Definitions » Cyclically Adjusted Price-to-FCF

Ptt PCL (Ptt PCL) Cyclically Adjusted Price-to-FCF : 6.54 (As of Apr. 27, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Ptt PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Ptt PCL's current share price is $0.9804. Ptt PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.15. Ptt PCL's Cyclically Adjusted Price-to-FCF for today is 6.54.

The historical rank and industry rank for Ptt PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

PETFF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.68   Med: 9.12   Max: 17.5
Current: 6.18

During the past years, Ptt PCL's highest Cyclically Adjusted Price-to-FCF was 17.50. The lowest was 5.68. And the median was 9.12.

PETFF's Cyclically Adjusted Price-to-FCF is ranked better than
80.1% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs PETFF: 6.18

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.

Ptt PCL's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.038. 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 $0.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ptt PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ptt PCL'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.

Ptt PCL Cyclically Adjusted Price-to-FCF Chart

Ptt PCL 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 10.66 10.07 7.80 6.67 6.36

Ptt PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.67 6.07 6.07 6.00 6.36

Competitive Comparison of Ptt PCL's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, Ptt PCL'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.


Ptt PCL's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ptt PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ptt PCL's Cyclically Adjusted Price-to-FCF falls into.



Ptt PCL 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.

Ptt PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.9804/0.15
=6.54

* 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.

Ptt PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ptt PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.038/129.4194*129.4194
=0.038

Current CPI (Dec. 2023) = 129.4194.

Ptt PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.055 99.695 0.071
201406 0.005 100.560 0.006
201409 0.024 100.428 0.031
201412 0.048 99.070 0.063
201503 0.063 99.621 0.082
201506 -0.018 100.684 -0.023
201509 0.033 100.392 0.043
201512 0.055 99.792 0.071
201603 0.044 100.470 0.057
201606 0.028 101.688 0.036
201609 0.028 101.861 0.036
201612 0.060 101.863 0.076
201703 0.036 102.862 0.045
201706 0.034 103.349 0.043
201709 0.062 104.136 0.077
201712 0.068 104.011 0.085
201803 0.058 105.290 0.071
201806 0.019 106.317 0.023
201809 0.027 106.507 0.033
201812 0.066 105.998 0.081
201903 0.038 107.251 0.046
201906 0.017 108.070 0.020
201909 0.020 108.329 0.024
201912 0.054 108.420 0.064
202003 0.019 108.902 0.023
202006 0.002 108.767 0.002
202009 0.028 109.815 0.033
202012 0.028 109.897 0.033
202103 0.015 111.754 0.017
202106 0.041 114.631 0.046
202109 0.069 115.734 0.077
202112 0.067 117.630 0.074
202203 -0.065 121.301 -0.069
202206 0.006 125.017 0.006
202209 -0.034 125.227 -0.035
202212 0.111 125.222 0.115
202303 0.055 127.348 0.056
202306 0.064 128.729 0.064
202309 0.047 129.860 0.047
202312 0.038 129.419 0.038

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.


Ptt PCL  (OTCPK:PETFF) 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.


Ptt PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Ptt PCL (Ptt PCL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ptt PCL (OTCPK:PETFF) » Definitions » Cyclically Adjusted Price-to-FCF
Address
555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900
Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. Its operations are divided into six units: Coal, Petrochemical, International Trading, Oil, Gas, and Petroleum exploration and production. The International Trading and Petrochemicals businesses have historically produced the group's sales and service volume. International Trading encompasses several activities and is crucial to the company's ability to import and export crude oil, condensate, petroleum products, liquefied petroleum gas, petrochemical products, solvents and chemicals, and other products. PTT engages in Petrochemical operations through group companies that conduct business in fuel processing, production, and sales of upstream, intermediate, and downstream chemicals.

Ptt PCL (Ptt PCL) Headlines

From GuruFocus

Q4 2023 PTT PCL Earnings Presentation Transcript

By GuruFocus Research 02-28-2024