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Touchstone Exploration (Touchstone Exploration) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Touchstone Exploration Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Touchstone Exploration Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Touchstone Exploration'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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Touchstone Exploration Cyclically Adjusted Price-to-FCF Chart

Touchstone Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Touchstone Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Touchstone Exploration's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Touchstone Exploration'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.


Touchstone Exploration's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Touchstone Exploration's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Touchstone Exploration 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.

Touchstone Exploration's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Touchstone Exploration's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.041/125.4675*125.4675
=-0.041

Current CPI (Dec. 2023) = 125.4675.

Touchstone Exploration Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.152 98.604 -0.193
201406 -0.212 99.473 -0.267
201409 -0.033 99.394 -0.042
201412 -0.038 98.367 -0.048
201503 -0.037 99.789 -0.047
201506 0.011 100.500 0.014
201509 -0.018 100.421 -0.022
201512 -0.028 99.947 -0.035
201603 0.015 101.054 0.019
201606 0.029 102.002 0.036
201609 -0.001 101.765 -0.001
201612 0.001 101.449 0.001
201703 -0.006 102.634 -0.007
201706 -0.059 103.029 -0.072
201709 -0.022 103.345 -0.027
201712 0.010 103.345 0.012
201803 -0.031 105.004 -0.037
201806 0.007 105.557 0.008
201809 -0.024 105.636 -0.029
201812 -0.034 105.399 -0.040
201903 0.014 106.979 0.016
201906 0.005 107.690 0.006
201909 -0.031 107.611 -0.036
201912 -0.024 107.769 -0.028
202003 -0.013 107.927 -0.015
202006 -0.018 108.401 -0.021
202009 -0.010 108.164 -0.012
202012 -0.046 108.559 -0.053
202103 -0.021 110.298 -0.024
202106 0.004 111.720 0.004
202109 -0.009 112.905 -0.010
202112 -0.099 113.774 -0.109
202203 -0.010 117.646 -0.011
202206 0.015 120.806 0.016
202209 0.013 120.648 0.014
202212 -0.052 120.964 -0.054
202303 -0.035 122.702 -0.036
202306 0.011 124.203 0.011
202309 0.001 125.230 0.001
202312 -0.041 125.468 -0.041

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.


Touchstone Exploration  (OTCPK:PBEGF) 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.


Touchstone Exploration Cyclically Adjusted Price-to-FCF Related Terms

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Touchstone Exploration (Touchstone Exploration) Business Description

Industry
Traded in Other Exchanges
Address
350 - 7th Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 3N9
Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights. Its core focus is on developing production on its four onshore lease operatorship properties (Coora Block 1 & 2, WD-4 & WD-8) and its Fyzabad onshore property.

Touchstone Exploration (Touchstone Exploration) Headlines