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TSH Biopharm (ROCO:8432) Cyclically Adjusted Price-to-FCF : 32.00 (As of Jun. 13, 2024)


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What is TSH Biopharm Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), TSH Biopharm's current share price is NT$64.00. TSH Biopharm's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$2.00. TSH Biopharm's Cyclically Adjusted Price-to-FCF for today is 32.00.

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

ROCO:8432' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.61   Med: 29.62   Max: 44.23
Current: 33.18

During the past years, TSH Biopharm's highest Cyclically Adjusted Price-to-FCF was 44.23. The lowest was 18.61. And the median was 29.62.

ROCO:8432's Cyclically Adjusted Price-to-FCF is ranked worse than
51.86% of 322 companies
in the Drug Manufacturers industry
Industry Median: 30.875 vs ROCO:8432: 33.18

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.

TSH Biopharm's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$1.391. 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 NT$2.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TSH Biopharm Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TSH Biopharm'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.

TSH Biopharm Cyclically Adjusted Price-to-FCF Chart

TSH Biopharm 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 - 35.39 33.61 24.38 29.63

TSH Biopharm Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.82 20.54 25.24 29.63 28.77

Competitive Comparison of TSH Biopharm's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, TSH Biopharm'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.


TSH Biopharm's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TSH Biopharm's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TSH Biopharm's Cyclically Adjusted Price-to-FCF falls into.



TSH Biopharm 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.

TSH Biopharm's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.00/2
=32.00

* 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.

TSH Biopharm's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TSH Biopharm's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.391/131.7762*131.7762
=1.391

Current CPI (Mar. 2024) = 131.7762.

TSH Biopharm Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.524 100.560 1.997
201409 1.846 100.428 2.422
201412 -0.245 99.070 -0.326
201503 0.672 99.621 0.889
201506 0.848 100.684 1.110
201509 0.306 100.392 0.402
201512 0.099 99.792 0.131
201603 0.157 100.470 0.206
201606 1.149 101.688 1.489
201609 -0.118 101.861 -0.153
201612 -0.114 101.863 -0.147
201703 0.262 102.862 0.336
201706 0.971 103.349 1.238
201709 0.838 104.136 1.060
201712 -0.086 104.011 -0.109
201803 0.432 105.290 0.541
201806 0.656 106.317 0.813
201809 -0.006 106.507 -0.007
201812 0.386 105.998 0.480
201903 0.280 107.251 0.344
201906 0.526 108.070 0.641
201909 1.312 108.329 1.596
201912 0.100 108.420 0.122
202003 -0.721 108.902 -0.872
202006 0.475 108.767 0.575
202009 0.356 109.815 0.427
202012 0.125 109.897 0.150
202103 0.517 111.754 0.610
202106 0.590 114.631 0.678
202109 0.430 115.734 0.490
202112 0.259 117.630 0.290
202203 -0.219 121.301 -0.238
202206 0.823 125.017 0.867
202209 0.471 125.227 0.496
202212 -0.678 125.222 -0.713
202303 -0.140 127.348 -0.145
202306 0.713 128.729 0.730
202309 -0.280 129.860 -0.284
202312 0.450 129.419 0.458
202403 1.391 131.776 1.391

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.


TSH Biopharm  (ROCO:8432) 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.


TSH Biopharm Cyclically Adjusted Price-to-FCF Related Terms

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TSH Biopharm (ROCO:8432) Business Description

Traded in Other Exchanges
N/A
Address
No.3-1, Park Street, 3rd Floor-1, Nangang District, Taipei, TWN, 115
TSH Biopharm Corp Ltd is engaged in the sale of a variety of pharmaceuticals, chemical drugs and biotechnology services. The Company's revenue is earned domestically.

TSH Biopharm (ROCO:8432) Headlines

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