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ABS-CBN Holdings (PHS:ABSP) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


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What is ABS-CBN Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ABS-CBN Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ABS-CBN Holdings'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.

ABS-CBN Holdings Cyclically Adjusted Price-to-FCF Chart

ABS-CBN Holdings 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 - 2,549.06 - - 2,551.69

ABS-CBN Holdings 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 - - - 2,551.69 1,766.70

Competitive Comparison of ABS-CBN Holdings's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, ABS-CBN Holdings'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.


ABS-CBN Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ABS-CBN Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ABS-CBN Holdings's Cyclically Adjusted Price-to-FCF falls into.



ABS-CBN Holdings 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.

ABS-CBN Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ABS-CBN Holdings'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)
=-0.002/131.7762*131.7762
=-0.002

Current CPI (Mar. 2024) = 131.7762.

ABS-CBN Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.008 100.560 0.010
201409 -0.002 100.428 -0.003
201412 -0.003 99.070 -0.004
201503 -0.009 99.621 -0.012
201506 0.001 100.684 0.001
201509 -0.001 100.392 -0.001
201512 -0.006 99.792 -0.008
201603 -0.010 100.470 -0.013
201606 0.018 101.688 0.023
201609 -0.004 101.861 -0.005
201612 -0.004 101.863 -0.005
201703 0.225 102.862 0.288
201706 -0.252 103.349 -0.321
201709 -0.002 104.136 -0.003
201712 0.008 104.011 0.010
201803 0.146 105.290 0.183
201806 -0.101 106.317 -0.125
201809 -0.001 106.507 -0.001
201812 -0.003 105.998 -0.004
201903 0.077 107.251 0.095
201906 -0.077 108.070 -0.094
201909 0.000 108.329 0.000
201912 -0.001 108.420 -0.001
202003 -0.002 108.902 -0.002
202006 0.000 108.767 0.000
202009 0.006 109.815 0.007
202012 -0.005 109.897 -0.006
202103 -0.002 111.754 -0.002
202106 0.003 114.631 0.003
202109 -0.016 115.734 -0.018
202112 -0.020 117.630 -0.022
202203 -0.010 121.301 -0.011
202206 0.009 125.017 0.009
202209 -0.009 125.227 -0.009
202212 0.001 125.222 0.001
202303 -0.004 127.348 -0.004
202306 -0.002 128.729 -0.002
202309 -0.003 129.860 -0.003
202312 0.072 129.419 0.073
202403 -0.002 131.776 -0.002

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.


ABS-CBN Holdings  (PHS:ABSP) 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.


ABS-CBN Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


ABS-CBN Holdings (PHS:ABSP) Business Description

Traded in Other Exchanges
Address
Sheridan Street corner United Street, 16th Floor, North Tower, Rockwell Business Center, Barangay Highway Hills, Mandaluyong, PHL, 1554
ABS-CBN Holdings Corp is engaged in the business of capital markets. It is involved in investing, purchasing and holding real and personal property including shares of stock, bonds, debentures, notes, and others. The reimbursements from Philippine depository receipt generates maximum revenue for the company. It operates in the Philippines market region.

ABS-CBN Holdings (PHS:ABSP) Headlines

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