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Globlex Holding Management PCL (BKK:GBX) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Globlex Holding Management PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Globlex Holding Management PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Globlex Holding Management 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.

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Globlex Holding Management PCL Cyclically Adjusted Price-to-FCF Chart

Globlex Holding Management 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 15.44 19.32 68.54 48.17 26.82

Globlex Holding Management PCL 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 - - 56.70 26.82 -

Competitive Comparison of Globlex Holding Management PCL's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Globlex Holding Management 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.


Globlex Holding Management PCL's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Globlex Holding Management PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Globlex Holding Management 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.

Globlex Holding Management PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Globlex Holding Management PCL'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)
=-0.339/131.7762*131.7762
=-0.339

Current CPI (Mar. 2024) = 131.7762.

Globlex Holding Management PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.210 100.560 -0.275
201409 0.130 100.428 0.171
201412 0.193 99.070 0.257
201503 -0.218 99.621 -0.288
201506 -0.029 100.684 -0.038
201509 -0.128 100.392 -0.168
201512 0.190 99.792 0.251
201603 -0.127 100.470 -0.167
201606 0.107 101.688 0.139
201609 0.067 101.861 0.087
201612 0.001 101.863 0.001
201703 -0.025 102.862 -0.032
201706 0.160 103.349 0.204
201709 -0.148 104.136 -0.187
201712 -0.124 104.011 -0.157
201803 -0.025 105.290 -0.031
201806 0.532 106.317 0.659
201809 -0.218 106.507 -0.270
201812 -0.051 105.998 -0.063
201903 0.186 107.251 0.229
201906 -0.514 108.070 -0.627
201909 0.264 108.329 0.321
201912 0.045 108.420 0.055
202003 0.083 108.902 0.100
202006 -0.138 108.767 -0.167
202009 -0.017 109.815 -0.020
202012 0.182 109.897 0.218
202103 -0.232 111.754 -0.274
202106 -0.113 114.631 -0.130
202109 0.192 115.734 0.219
202112 0.214 117.630 0.240
202203 -0.072 121.301 -0.078
202206 -0.137 125.017 -0.144
202209 0.077 125.227 0.081
202212 0.085 125.222 0.089
202303 -0.219 127.348 -0.227
202306 0.099 128.729 0.101
202309 -0.002 129.860 -0.002
202312 0.159 129.419 0.162
202403 -0.339 131.776 -0.339

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.


Globlex Holding Management PCL  (BKK:GBX) 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.


Globlex Holding Management PCL Cyclically Adjusted Price-to-FCF Related Terms

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Globlex Holding Management PCL (BKK:GBX) Business Description

Traded in Other Exchanges
N/A
Address
Wireless Road, Lumpini, Phatumwan, Number 87/2, 12th Floor, CRC Tower, All Seasons Place, Bangkok, THA, 10330
Globlex Holding Management PCL is a Thailand-based investment holding company. It is principally engaged in securities borrowing and lending. The company operates in three business segments namely Holding business, Securities business, and Other business. The company generates maximum revenue from the Securities business segment. Geographically, the company mainly operates in Thailand.