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T.C.J. Asia PCL (BKK:TCJ-R) Cyclically Adjusted Price-to-FCF : 1.96 (As of Jul. 23, 2025)


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What is T.C.J. Asia PCL Cyclically Adjusted Price-to-FCF?

As of today (2025-07-23), T.C.J. Asia PCL's current share price is ฿2.70115. T.C.J. Asia PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ฿1.38. T.C.J. Asia PCL's Cyclically Adjusted Price-to-FCF for today is 1.96.

The historical rank and industry rank for T.C.J. Asia PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:TCJ-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.91   Med: 5.46   Max: 151.33
Current: 1.99

During the past years, T.C.J. Asia PCL's highest Cyclically Adjusted Price-to-FCF was 151.33. The lowest was 1.91. And the median was 5.46.

BKK:TCJ-R's Cyclically Adjusted Price-to-FCF is ranked better than
99.07% of 108 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.725 vs BKK:TCJ-R: 1.99

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.

T.C.J. Asia PCL's adjusted free cash flow per share data for the three months ended in Mar. 2025 was ฿-0.003. 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 ฿1.38 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


T.C.J. Asia PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for T.C.J. Asia PCL'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.

T.C.J. Asia PCL Cyclically Adjusted Price-to-FCF Chart

T.C.J. Asia PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.22 5.88 5.27 2.53 2.48

T.C.J. Asia PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.21 2.58 2.34 2.48 2.08

Competitive Comparison of T.C.J. Asia PCL's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, T.C.J. Asia PCL'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.


T.C.J. Asia PCL's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, T.C.J. Asia PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where T.C.J. Asia PCL's Cyclically Adjusted Price-to-FCF falls into.


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T.C.J. Asia PCL 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.

T.C.J. Asia PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.70115/1.38
=1.96

* 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.

T.C.J. Asia PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, T.C.J. Asia PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.003/134.9266*134.9266
=-0.003

Current CPI (Mar. 2025) = 134.9266.

T.C.J. Asia PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.112 100.684 -0.150
201509 1.600 100.392 2.150
201512 -0.252 99.792 -0.341
201603 0.573 100.470 0.770
201606 -0.319 101.688 -0.423
201609 -0.373 101.861 -0.494
201612 -0.426 101.863 -0.564
201703 -0.265 102.862 -0.348
201706 -0.571 103.349 -0.745
201709 0.487 104.136 0.631
201712 1.756 104.011 2.278
201803 0.032 105.290 0.041
201806 -0.645 106.317 -0.819
201809 0.637 106.507 0.807
201812 1.731 105.998 2.203
201903 0.387 107.251 0.487
201906 0.236 108.070 0.295
201909 0.378 108.329 0.471
201912 0.981 108.420 1.221
202003 0.422 108.902 0.523
202006 0.030 108.767 0.037
202009 0.043 109.815 0.053
202012 0.476 109.897 0.584
202103 0.540 111.754 0.652
202106 0.431 114.631 0.507
202109 -0.692 115.734 -0.807
202112 0.589 117.630 0.676
202203 0.100 121.301 0.111
202206 -0.324 125.017 -0.350
202209 1.802 125.227 1.942
202212 0.323 125.222 0.348
202303 0.353 127.348 0.374
202306 -0.384 128.729 -0.402
202309 -0.249 129.860 -0.259
202312 1.516 129.419 1.581
202403 0.542 131.776 0.555
202406 -0.378 132.554 -0.385
202409 0.489 133.029 0.496
202412 0.050 133.157 0.051
202503 -0.003 134.927 -0.003

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.


T.C.J. Asia PCL  (BKK:TCJ-R) 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.


T.C.J. Asia PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of T.C.J. Asia PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


T.C.J. Asia PCL Business Description

Traded in Other Exchanges
Address
3/4 Moo 9, Bangna-Trad Road (KM.18), Bang Chalong Subdistrict, Bang Plee District, Samutprakarn, THA, 10540
T.C.J. Asia PCL is engaged in the import business and distribution of machinery and lifting equipment for construction work, and loading and unloading services like tractors, wheel loaders, excavator and cranes and stainless-steel plate and construction contractor. The business segments of the company are Sales of cranes, road rollers and tractors and equipment, road rollers and tractors, and equipment, Rental and repair services of crane and trucks, Manufacturing and distribution of stainless steel pipes, Trading of stainless steel, Installation work, and Others. The group generates the majority of the revenue from the Manufacturing and distribution of stainless steel pipes segment and mainly operates in Thailand.

T.C.J. Asia PCL Headlines

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