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The Toronto-Dominion Bank (MEX:TD N) Cyclically Adjusted Price-to-FCF : 3.79 (As of Jul. 08, 2025)


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What is The Toronto-Dominion Bank Cyclically Adjusted Price-to-FCF?

As of today (2025-07-08), The Toronto-Dominion Bank's current share price is MXN1291.77. The Toronto-Dominion Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 was MXN340.65. The Toronto-Dominion Bank's Cyclically Adjusted Price-to-FCF for today is 3.79.

The historical rank and industry rank for The Toronto-Dominion Bank's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:TD N' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.53   Med: 3.89   Max: 7.07
Current: 4.38

During the past years, The Toronto-Dominion Bank's highest Cyclically Adjusted Price-to-FCF was 7.07. The lowest was 2.53. And the median was 3.89.

MEX:TD N's Cyclically Adjusted Price-to-FCF is ranked better than
77.51% of 898 companies
in the Banks industry
Industry Median: 9.225 vs MEX:TD N: 4.38

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.

The Toronto-Dominion Bank's adjusted free cash flow per share data for the three months ended in Apr. 2025 was MXN90.930. 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 MXN340.65 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Toronto-Dominion Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Toronto-Dominion Bank'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.

The Toronto-Dominion Bank Cyclically Adjusted Price-to-FCF Chart

The Toronto-Dominion Bank Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 3.41 2.96 3.12 2.90

The Toronto-Dominion Bank Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 3.43 3.64 2.90 3.72 3.79

Competitive Comparison of The Toronto-Dominion Bank's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, The Toronto-Dominion Bank'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.


The Toronto-Dominion Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Toronto-Dominion Bank's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where The Toronto-Dominion Bank's Cyclically Adjusted Price-to-FCF falls into.


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The Toronto-Dominion Bank 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.

The Toronto-Dominion Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1291.77/340.65
=3.79

* 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.

The Toronto-Dominion Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, The Toronto-Dominion Bank's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=90.93/129.1809*129.1809
=90.930

Current CPI (Apr. 2025) = 129.1809.

The Toronto-Dominion Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201507 33.306 100.579 42.777
201510 74.399 100.500 95.631
201601 109.088 100.184 140.661
201604 6.576 101.370 8.380
201607 195.969 101.844 248.572
201610 -38.141 102.002 -48.304
201701 81.093 102.318 102.384
201704 59.534 103.029 74.646
201707 -42.413 103.029 -53.179
201710 113.767 103.424 142.100
201801 18.105 104.056 22.477
201804 -50.826 105.320 -62.341
201807 58.568 106.110 71.302
201810 13.489 105.952 16.446
201901 -27.149 105.557 -33.225
201904 -15.207 107.453 -18.282
201907 34.366 108.243 41.013
201910 4.399 107.927 5.265
202001 83.197 108.085 99.435
202004 1,300.245 107.216 1,566.618
202007 550.257 108.401 655.736
202010 179.056 108.638 212.914
202101 397.578 109.192 470.362
202104 -114.222 110.851 -133.110
202107 23.961 112.431 27.531
202110 124.804 113.695 141.803
202201 254.684 114.801 286.585
202204 -104.348 118.357 -113.891
202207 162.501 120.964 173.540
202210 17.020 121.517 18.093
202301 35.761 121.596 37.992
202304 -396.851 123.571 -414.867
202307 -215.807 124.914 -223.178
202310 101.691 125.310 104.833
202401 -148.117 125.072 -152.982
202404 34.352 126.890 34.972
202407 -81.384 128.075 -82.087
202410 657.462 127.838 664.369
202501 -415.809 127.443 -421.480
202504 90.930 129.181 90.930

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.


The Toronto-Dominion Bank  (MEX:TD N) 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.


The Toronto-Dominion Bank Cyclically Adjusted Price-to-FCF Related Terms

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


The Toronto-Dominion Bank Business Description

Address
Toronto-Dominion Centre, P.O. Box 1, Toronto, ON, CAN, M5K 1A2
Toronto-Dominion is one of Canada's two largest banks with over CAD 2 trillion in assets. TD Bank operates four business segments: Canadian personal and commercial banking, US retail banking, wealth management and insurance, and wholesale banking. The bank derives more than 55% of its revenue from Canada and has dominant market share in nearly all banking products and services. TD has around 40% of its revenue from its US operations. Its US footprint spans from Maine to Florida, with a strong presence in the Northeast.

The Toronto-Dominion Bank Headlines

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