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Arbutus Biopharma (STU:I9DN) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Arbutus Biopharma Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arbutus Biopharma Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Arbutus Biopharma'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.

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Arbutus Biopharma Cyclically Adjusted Price-to-FCF Chart

Arbutus Biopharma Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Arbutus Biopharma Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Arbutus Biopharma's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Arbutus Biopharma'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.


Arbutus Biopharma's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Arbutus Biopharma 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.

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

For example, Arbutus Biopharma'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)
=-0.102/131.7762*131.7762
=-0.102

Current CPI (Mar. 2024) = 131.7762.

Arbutus Biopharma Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.275 100.560 -0.360
201409 -0.241 100.428 -0.316
201412 -0.260 99.070 -0.346
201503 -0.550 99.621 -0.728
201506 -0.280 100.684 -0.366
201509 -0.055 100.392 -0.072
201512 -0.348 99.792 -0.460
201603 -0.207 100.470 -0.271
201606 -0.300 101.688 -0.389
201609 -0.247 101.861 -0.320
201612 -0.303 101.863 -0.392
201703 -0.361 102.862 -0.462
201706 -0.134 103.349 -0.171
201709 -0.248 104.136 -0.314
201712 -0.162 104.011 -0.205
201803 -0.298 105.290 -0.373
201806 -0.273 106.317 -0.338
201809 -0.208 106.507 -0.257
201812 -0.274 105.998 -0.341
201903 -0.264 107.251 -0.324
201906 -0.278 108.070 -0.339
201909 -0.379 108.329 -0.461
201912 -0.205 108.420 -0.249
202003 -0.207 108.902 -0.250
202006 -0.112 108.767 -0.136
202009 -0.130 109.815 -0.156
202012 -0.143 109.897 -0.171
202103 -0.162 111.754 -0.191
202106 -0.125 114.631 -0.144
202109 -0.135 115.734 -0.154
202112 -0.130 117.630 -0.146
202203 0.126 121.301 0.137
202206 -0.130 125.017 -0.137
202209 -0.126 125.227 -0.133
202212 -0.104 125.222 -0.109
202303 -0.158 127.348 -0.163
202306 -0.113 128.729 -0.116
202309 -0.122 129.860 -0.124
202312 -0.094 129.419 -0.096
202403 -0.102 131.776 -0.102

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.


Arbutus Biopharma  (STU:I9DN) 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.


Arbutus Biopharma Cyclically Adjusted Price-to-FCF Related Terms

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Arbutus Biopharma (STU:I9DN) Business Description

Industry
Traded in Other Exchanges
Address
701 Veterans Circle, Warminster, PA, USA, 18974
Arbutus Biopharma Corp is a biopharmaceutical company. The company discovers, develops, and commercializes cures for patients suffering from Hepatitis B infection. It is focused on developing a portfolio of drug candidates with multiple mechanisms of action and is also involved in licensing Lipid nanoparticle technology.

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