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Thai Beverage (Thai Beverage) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Thai Beverage Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Beverage Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thai Beverage'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.

Thai Beverage Cyclically Adjusted Price-to-FCF Chart

Thai Beverage Annual Data
Trend Dec13 Dec14 Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Thai Beverage Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of Thai Beverage's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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.


Thai Beverage's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Thai Beverage 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.

Thai Beverage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Thai Beverage'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)
=0/131.7762*131.7762
=0.000

Current CPI (Mar. 2024) = 131.7762.

Thai Beverage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201209 0.105 97.633 0.142
201212 0.765 96.871 1.041
201303 0.681 98.209 0.914
201306 0.091 98.518 0.122
201309 0.504 98.790 0.672
201312 0.440 98.326 0.590
201403 0.679 99.695 0.898
201406 0.429 100.560 0.562
201409 0.253 100.428 0.332
201412 1.015 99.070 1.350
201503 0.494 99.621 0.653
201506 0.297 100.684 0.389
201509 0.153 100.392 0.201
201512 1.166 99.792 1.540
201603 0.926 100.470 1.215
201606 0.419 101.688 0.543
201609 0.408 101.861 0.528
201612 0.662 101.863 0.856
201703 0.634 102.862 0.812
201706 0.549 103.349 0.700
201709 0.941 104.136 1.191
201712 0.489 104.011 0.620
201803 0.675 105.290 0.845
201806 0.278 106.317 0.345
201809 0.400 106.507 0.495
201812 1.923 105.998 2.391
201903 0.178 107.251 0.219
201906 1.034 108.070 1.261
201909 0.959 108.329 1.167
201912 1.377 108.420 1.674
202003 0.207 108.902 0.250
202009 0.000 109.815 0.000
202012 2.074 109.897 2.487
202103 0.451 111.754 0.532
202109 0.000 115.734 0.000
202203 0.000 121.301 0.000
202209 0.000 125.227 0.000
202303 0.000 127.348 0.000
202309 0.000 129.860 0.000
202403 0.000 131.776 0.000

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.


Thai Beverage  (OTCPK:TBVPY) 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.


Thai Beverage Cyclically Adjusted Price-to-FCF Related Terms

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Thai Beverage (Thai Beverage) Business Description

Traded in Other Exchanges
Address
14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segment includes Spirits; Beer; Non-alcoholic beverages and Food. It generates maximum revenue from the Beer segment. The Spirits segment is engaged in the production and sales of branded spirits products and soda. Its Beer segment is engaged in the production and sales of raw materials and branded beer products. Geographically, it derives a majority of its revenue from Thailand and also has a presence in the Socialist Republic of Vietnam and Overseas.

Thai Beverage (Thai Beverage) Headlines

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