GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Biotech Growth Trust (The) PLC (CHIX:BIOGl) » Definitions » Cyclically Adjusted Price-to-FCF

Biotech Growth Trust (The) (CHIX:BIOGL) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2025)


View and export this data going back to 2015. Start your Free Trial

What is Biotech Growth Trust (The) Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Biotech Growth Trust (The) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Biotech Growth Trust (The)'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.

Biotech Growth Trust (The) Cyclically Adjusted Price-to-FCF Chart

Biotech Growth Trust (The) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Biotech Growth Trust (The) Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 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 - - - - -

Competitive Comparison of Biotech Growth Trust (The)'s Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Biotech Growth Trust (The)'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.


Biotech Growth Trust (The)'s Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Biotech Growth Trust (The)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Biotech Growth Trust (The)'s Cyclically Adjusted Price-to-FCF falls into.


;
;

Biotech Growth Trust (The) 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.

Biotech Growth Trust (The)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Biotech Growth Trust (The)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=-0.161/136.1000*136.1000
=-0.161

Current CPI (Mar25) = 136.1000.

Biotech Growth Trust (The) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -0.095 100.400 -0.129
201703 -0.092 102.700 -0.122
201803 -0.074 105.100 -0.096
201903 -0.081 107.000 -0.103
202003 -0.071 108.600 -0.089
202103 -0.142 109.700 -0.176
202203 -0.293 116.500 -0.342
202303 -0.146 126.800 -0.157
202403 -0.118 131.600 -0.122
202503 -0.161 136.100 -0.161

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.


Biotech Growth Trust (The)  (CHIX:BIOGl) 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.


Biotech Growth Trust (The) Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Biotech Growth Trust (The)'s Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Biotech Growth Trust (The) Business Description

Traded in Other Exchanges
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
Biotech Growth Trust (The) PLC is a United Kingdom-based investment trust. Its business objective is to provide its investors with capital appreciation by investing in the biotechnology industry around the world. Its performance is measured against the NASDAQ Biotechnology Index (sterling adjusted).

Biotech Growth Trust (The) Headlines

No Headlines