GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tonix Pharmaceuticals Holding Corp (LTS:0A4T) » Definitions » Cyclically Adjusted Price-to-FCF

Tonix Pharmaceuticals Holding (LTS:0A4T) Cyclically Adjusted Price-to-FCF : (As of Sep. 25, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Tonix Pharmaceuticals Holding Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tonix Pharmaceuticals Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tonix Pharmaceuticals Holding'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.

Tonix Pharmaceuticals Holding Cyclically Adjusted Price-to-FCF Chart

Tonix Pharmaceuticals Holding 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 - - - - -

Tonix Pharmaceuticals Holding Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Tonix Pharmaceuticals Holding's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Tonix Pharmaceuticals Holding'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.


Tonix Pharmaceuticals Holding's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tonix Pharmaceuticals Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tonix Pharmaceuticals Holding's Cyclically Adjusted Price-to-FCF falls into.



Tonix Pharmaceuticals Holding 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.

Tonix Pharmaceuticals Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Tonix Pharmaceuticals Holding's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.558/132.5538*132.5538
=-0.558

Current CPI (Jun. 2024) = 132.5538.

Tonix Pharmaceuticals Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 -69,933.333 101.861 -91,005.675
201612 -36,273.333 101.863 -47,202.441
201703 -23,970.000 102.862 -30,889.040
201706 -20,761.905 103.349 -26,628.867
201709 -13,640.541 104.136 -17,362.992
201712 -12,965.789 104.011 -16,523.858
201803 -17,366.667 105.290 -21,863.697
201806 -13,717.500 106.317 -17,102.723
201809 -4,894.000 106.507 -6,090.868
201812 -3,411.500 105.998 -4,266.191
201903 -4,324.500 107.251 -5,344.767
201906 -1,572.000 108.070 -1,928.153
201909 -949.571 108.329 -1,161.912
201912 -155.535 108.420 -190.156
202003 -77.717 108.902 -94.596
202006 -32.183 108.767 -39.221
202009 -24.033 109.815 -29.009
202012 -13.509 109.897 -16.294
202103 -14.861 111.754 -17.627
202106 -12.246 114.631 -14.161
202109 -11.169 115.734 -12.792
202112 -21.064 117.630 -23.737
202203 -19.484 121.301 -21.291
202206 -9.933 125.017 -10.532
202209 -4.728 125.227 -5.005
202212 -2.204 125.222 -2.333
202303 -3.622 127.348 -3.770
202306 -2.381 128.729 -2.452
202309 -1.644 129.860 -1.678
202312 -1.282 129.419 -1.313
202403 -0.996 131.776 -1.002
202406 -0.558 132.554 -0.558

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.


Tonix Pharmaceuticals Holding  (LTS:0A4T) 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.


Tonix Pharmaceuticals Holding Cyclically Adjusted Price-to-FCF Related Terms

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


Tonix Pharmaceuticals Holding Business Description

Traded in Other Exchanges
Address
26 Main Street, Suite 101, Chatham, NJ, USA, 07928
Tonix Pharmaceuticals Holding Corp is a clinical-stage biopharmaceutical company focused on developing therapeutics and vaccines to treat and prevent human disease and alleviate suffering. its portfolio consists of the central nervous system, rare disease, immunology, and infectious disease product candidates. The CNS portfolio includes small molecules and biologics to treat pain, neurologic, psychiatric, and addiction conditions. CNS product candidate is TNX-102 SL, a proprietary sublingual tablet formulation of cyclobenzaprine (CBP) designed for bedtime administration.

Tonix Pharmaceuticals Holding Headlines

No Headlines