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TCI Finance (BOM:501242) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is TCI Finance Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TCI Finance Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TCI Finance'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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TCI Finance Cyclically Adjusted Price-to-FCF Chart

TCI Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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TCI Finance 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 TCI Finance's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, TCI Finance'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.


TCI Finance's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, TCI Finance's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TCI Finance 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.

TCI Finance's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, TCI Finance's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=2.877/153.0345*153.0345
=2.877

Current CPI (Mar24) = 153.0345.

TCI Finance Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -21.890 97.163 -34.477
201603 -9.889 102.518 -14.762
201703 2.450 105.196 3.564
201803 2.535 109.786 3.534
201903 11.190 118.202 14.488
202003 -17.789 124.705 -21.830
202103 1.305 131.771 1.516
202203 -17.560 138.822 -19.358
202303 7.613 146.865 7.933
202403 2.877 153.035 2.877

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.


TCI Finance  (BOM:501242) 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.


TCI Finance Cyclically Adjusted Price-to-FCF Related Terms

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


TCI Finance (BOM:501242) Business Description

Traded in Other Exchanges
Address
Plot No. 20, Survey No. 12, 4th Floor, Kothaguda, Kondapur, Hyderabad, TG, IND, 500081
TCI Finance Ltd is engaged in providing financial services. It is a non-banking financial company. The company provides various services like the loan against securities, commercial vehicle finance, patents trademark and copyright, Global Intellectual Property Convention, and other financial services. It generates majority revenue in the form of interest.

TCI Finance (BOM:501242) Headlines

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