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Goodyear (Thailand) PCL (BKK:GYT) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Goodyear (Thailand) PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goodyear (Thailand) PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Goodyear (Thailand) 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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Goodyear (Thailand) PCL Cyclically Adjusted Price-to-FCF Chart

Goodyear (Thailand) PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Goodyear (Thailand) PCL 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 Goodyear (Thailand) PCL's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Goodyear (Thailand) 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.


Goodyear (Thailand) PCL's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Goodyear (Thailand) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Goodyear (Thailand) PCL's Cyclically Adjusted Price-to-FCF falls into.



Goodyear (Thailand) 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.

Goodyear (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Goodyear (Thailand) 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)
=-72.061/131.7762*131.7762
=-72.061

Current CPI (Mar. 2024) = 131.7762.

Goodyear (Thailand) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.963 100.560 1.262
201409 25.520 100.428 33.486
201412 5.331 99.070 7.091
201503 8.672 99.621 11.471
201506 -0.236 100.684 -0.309
201509 18.866 100.392 24.764
201512 3.229 99.792 4.264
201603 3.175 100.470 4.164
201606 -7.014 101.688 -9.089
201609 -7.590 101.861 -9.819
201612 -7.791 101.863 -10.079
201703 -7.887 102.862 -10.104
201706 -29.630 103.349 -37.780
201709 -10.463 104.136 -13.240
201712 -50.760 104.011 -64.310
201803 15.457 105.290 19.345
201806 -48.584 106.317 -60.218
201809 -27.058 106.507 -33.478
201812 -35.019 105.998 -43.535
201903 -17.514 107.251 -21.519
201906 -57.496 108.070 -70.109
201909 -11.211 108.329 -13.638
201912 55.738 108.420 67.745
202003 39.870 108.902 48.245
202006 -20.060 108.767 -24.304
202009 -22.960 109.815 -27.552
202012 20.862 109.897 25.015
202103 -27.734 111.754 -32.703
202106 -6.166 114.631 -7.088
202109 -26.757 115.734 -30.466
202112 -26.398 117.630 -29.573
202203 -7.549 121.301 -8.201
202206 -22.709 125.017 -23.937
202209 -10.783 125.227 -11.347
202212 27.408 125.222 28.843
202303 -20.327 127.348 -21.034
202306 25.173 128.729 25.769
202309 12.245 129.860 12.426
202312 36.273 129.419 36.934
202403 -72.061 131.776 -72.061

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.


Goodyear (Thailand) PCL  (BKK:GYT) 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.


Goodyear (Thailand) PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Goodyear (Thailand) PCL (BKK:GYT) Business Description

Traded in Other Exchanges
N/A
Address
50/9 Moo 3, Phaholyothin Road, K.M. 36, Klongnueng Sub-district, Klongluang District, Pathumthani, THA, 12120
Goodyear (Thailand) PCL is engaged in tire manufacturing. The company manufactures, distributes, and sells motor vehicle and aero tires. It manufactures tires for passenger cars, high-performance tires, tires for a sports utility vehicle, commercial tires and tire plane. It sells its products in Thailand and overseas markets. Its majority of the sales are from the overseas market.

Goodyear (Thailand) PCL (BKK:GYT) Headlines

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