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Thai Beverage (Thai Beverage) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 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
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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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. 2023 is calculated as:

For example, Thai Beverage's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0/127.3478*127.3478
=0.000

Current CPI (Mar. 2023) = 127.3478.

Thai Beverage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201203 0.005 96.783 0.007
201206 0.005 96.819 0.007
201209 0.001 97.633 0.001
201212 0.008 96.871 0.011
201303 0.007 98.209 0.009
201306 0.001 98.518 0.001
201309 0.005 98.790 0.006
201312 0.004 98.326 0.005
201403 0.007 99.695 0.009
201406 0.004 100.560 0.005
201409 0.003 100.428 0.004
201412 0.010 99.070 0.013
201503 0.005 99.621 0.006
201506 0.003 100.684 0.004
201509 0.002 100.392 0.003
201512 0.012 99.792 0.015
201603 0.009 100.470 0.011
201606 0.004 101.688 0.005
201609 0.004 101.861 0.005
201612 0.007 101.863 0.009
201703 0.006 102.862 0.007
201706 0.005 103.349 0.006
201709 0.009 104.136 0.011
201712 0.005 104.011 0.006
201803 0.007 105.290 0.008
201806 0.003 106.317 0.004
201809 0.004 106.507 0.005
201812 0.019 105.998 0.023
201903 0.002 107.251 0.002
201906 0.010 108.070 0.012
201909 0.010 108.329 0.012
201912 0.014 108.420 0.016
202003 0.002 108.902 0.002
202009 0.000 109.815 0.000
202012 0.021 109.897 0.024
202103 0.005 111.754 0.006
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

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:TBVPF) 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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