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Taiwan Glass Ind (TPE:1802) Cyclically Adjusted Price-to-FCF : 30.80 (As of May. 16, 2024)


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What is Taiwan Glass Ind Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Taiwan Glass Ind's current share price is NT$17.25. Taiwan Glass Ind's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.56. Taiwan Glass Ind's Cyclically Adjusted Price-to-FCF for today is 30.80.

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

TPE:1802' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.83   Med: 73.94   Max: 586.25
Current: 30.83

During the past years, Taiwan Glass Ind's highest Cyclically Adjusted Price-to-FCF was 586.25. The lowest was 30.83. And the median was 73.94.

TPE:1802's Cyclically Adjusted Price-to-FCF is ranked worse than
74.62% of 197 companies
in the Building Materials industry
Industry Median: 15.48 vs TPE:1802: 30.83

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.

Taiwan Glass Ind's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.240. 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$0.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Glass Ind Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taiwan Glass Ind'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.

Taiwan Glass Ind Cyclically Adjusted Price-to-FCF Chart

Taiwan Glass Ind 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 - - - 531.69 37.52

Taiwan Glass Ind 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 147.23 74.21 58.05 37.52 30.92

Competitive Comparison of Taiwan Glass Ind's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Taiwan Glass Ind'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.


Taiwan Glass Ind's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Glass Ind's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Taiwan Glass Ind's Cyclically Adjusted Price-to-FCF falls into.



Taiwan Glass Ind 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.

Taiwan Glass Ind's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.25/0.56
=30.80

* 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.

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

For example, Taiwan Glass Ind'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)
=-0.24/131.7762*131.7762
=-0.240

Current CPI (Mar. 2024) = 131.7762.

Taiwan Glass Ind Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.179 100.560 -0.235
201409 -0.496 100.428 -0.651
201412 -0.291 99.070 -0.387
201503 -0.078 99.621 -0.103
201506 0.086 100.684 0.113
201509 0.186 100.392 0.244
201512 -0.164 99.792 -0.217
201603 0.361 100.470 0.473
201606 0.315 101.688 0.408
201609 0.566 101.861 0.732
201612 0.541 101.863 0.700
201703 0.204 102.862 0.261
201706 0.157 103.349 0.200
201709 0.303 104.136 0.383
201712 0.538 104.011 0.682
201803 -0.071 105.290 -0.089
201806 0.062 106.317 0.077
201809 -0.071 106.507 -0.088
201812 -0.142 105.998 -0.177
201903 -0.075 107.251 -0.092
201906 -0.636 108.070 -0.776
201909 -0.263 108.329 -0.320
201912 0.776 108.420 0.943
202003 -0.230 108.902 -0.278
202006 0.228 108.767 0.276
202009 -0.222 109.815 -0.266
202012 0.605 109.897 0.725
202103 0.244 111.754 0.288
202106 0.375 114.631 0.431
202109 0.513 115.734 0.584
202112 1.036 117.630 1.161
202203 -0.007 121.301 -0.008
202206 -0.518 125.017 -0.546
202209 1.120 125.227 1.179
202212 0.213 125.222 0.224
202303 -0.370 127.348 -0.383
202306 -0.066 128.729 -0.068
202309 -0.030 129.860 -0.030
202312 0.524 129.419 0.534
202403 -0.240 131.776 -0.240

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.


Taiwan Glass Ind  (TPE:1802) 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.


Taiwan Glass Ind Cyclically Adjusted Price-to-FCF Related Terms

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


Taiwan Glass Ind (TPE:1802) Business Description

Traded in Other Exchanges
N/A
Address
No. 261, Nanjing East Road, 11th Floor, Section 3, Taiwan Glass Building, Songshan District, Taipei, TWN, 105-405
Taiwan Glass Ind Corp manufactures and sells a variety of glass products. It operates plants that create and mold glass into glass panes, fiberglass, bottles, and jars, based on specific customer needs. The firm's product categories include flat glass, fiberglass, as well as container, tableware, and kitchenware. The flat glass products are sold to the construction and automobile industries and are used for windows and mirrors. The container, tableware, and kitchenware products are sold to the food, beverage, and pharmaceutical industries.

Taiwan Glass Ind (TPE:1802) Headlines

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