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Tri Pointe Homes (Tri Pointe Homes) Cyclically Adjusted Price-to-FCF : 17.80 (As of Apr. 30, 2024)


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What is Tri Pointe Homes Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Tri Pointe Homes's current share price is $36.85. Tri Pointe Homes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.07. Tri Pointe Homes's Cyclically Adjusted Price-to-FCF for today is 17.80.

The historical rank and industry rank for Tri Pointe Homes's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.3   Med: 18.01   Max: 31.48
Current: 18.28

During the past years, Tri Pointe Homes's highest Cyclically Adjusted Price-to-FCF was 31.48. The lowest was 12.30. And the median was 18.01.

TPH's Cyclically Adjusted Price-to-FCF is ranked worse than
60.42% of 48 companies
in the Homebuilding & Construction industry
Industry Median: 16.33 vs TPH: 18.28

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Tri Pointe Homes's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.443. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tri Pointe Homes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tri Pointe Homes'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.

Tri Pointe Homes Cyclically Adjusted Price-to-FCF Chart

Tri Pointe Homes 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 - - 25.79 14.28 18.68

Tri Pointe Homes 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 15.17 16.67 14.06 18.68 18.71

Competitive Comparison of Tri Pointe Homes's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, Tri Pointe Homes'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.


Tri Pointe Homes's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tri Pointe Homes's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tri Pointe Homes's Cyclically Adjusted Price-to-FCF falls into.



Tri Pointe Homes 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.

Tri Pointe Homes's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=36.85/2.07
=17.80

* 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.

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

For example, Tri Pointe Homes'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)
=1.443/129.4194*129.4194
=1.443

Current CPI (Mar. 2024) = 129.4194.

Tri Pointe Homes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.980 100.560 1.261
201409 -1.551 100.428 -1.999
201412 0.156 99.070 0.204
201503 -0.668 99.621 -0.868
201506 -0.425 100.684 -0.546
201509 0.226 100.392 0.291
201512 1.055 99.792 1.368
201603 -0.864 100.470 -1.113
201606 -0.291 101.688 -0.370
201609 -0.472 101.861 -0.600
201612 0.633 101.863 0.804
201703 -0.712 102.862 -0.896
201706 -0.698 103.349 -0.874
201709 0.063 104.136 0.078
201712 2.045 104.011 2.545
201803 0.312 105.290 0.384
201806 -0.414 106.317 -0.504
201809 -0.545 106.507 -0.662
201812 2.653 105.998 3.239
201903 -0.858 107.251 -1.035
201906 0.036 108.070 0.043
201909 0.003 108.329 0.004
201912 2.891 108.420 3.451
202003 -0.720 108.902 -0.856
202006 1.927 108.767 2.293
202009 1.290 109.815 1.520
202012 1.954 109.897 2.301
202103 0.204 111.754 0.236
202106 0.542 114.631 0.612
202109 0.845 115.734 0.945
202112 1.983 117.630 2.182
202203 -1.189 121.301 -1.269
202206 -0.660 125.017 -0.683
202209 -0.223 125.227 -0.230
202212 6.052 125.222 6.255
202303 1.270 127.348 1.291
202306 0.558 128.729 0.561
202309 -0.804 129.860 -0.801
202312 0.659 129.419 0.659
202403 1.443 129.419 1.443

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.


Tri Pointe Homes  (NYSE:TPH) 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.


Tri Pointe Homes Cyclically Adjusted Price-to-FCF Related Terms

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


Tri Pointe Homes (Tri Pointe Homes) Business Description

Traded in Other Exchanges
Address
940 Southwood Boulevard, Suite 200, Incline Village, Irvine, CA, USA, 89451
Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.
Executives
Lawrence B Burrows director C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Glenn J. Keeler officer: VP & Chief Accounting Officer C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Douglas F. Bauer director, officer: CHIEF EXECUTIVE OFFICER C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Thomas J Mitchell officer: President, COO, and Secretary C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Robert Kent Grahl director 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Vicki D. Mcwilliams director C/O TRI POINTE GROUP, INC., SUITE 300, IRVINE CA 92612
Michael D Grubbs officer: See Remarks C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
David Ch Lee officer: VP GENERAL COUNSEL & SECRETARY C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Bradley William Blank officer: See Remarks C/O TRI POINTE HOMES, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Barry S Sternlicht director, 10 percent owner STARWOOD CAPITAL GROUP GLOBAL LP, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Ken Krivanec officer: President of Quadrant Homes C/O TRI POINTE HOMES, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Daniel S Fulton director C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Christopher D. Graham director C/O TRI POINTE HOMES, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612