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OK Biotech Co (TPE:4155) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


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What is OK Biotech Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


OK Biotech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for OK Biotech Co'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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OK Biotech Co Cyclically Adjusted Price-to-FCF Chart

OK Biotech Co 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 - - - 55.01 -

OK Biotech Co 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 91.85 1,116.42 821.23 - -

Competitive Comparison of OK Biotech Co's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, OK Biotech Co'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.


OK Biotech Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, OK Biotech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where OK Biotech Co's Cyclically Adjusted Price-to-FCF falls into.



OK Biotech Co 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.

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

For example, OK Biotech Co'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)
=-0.53/131.7762*131.7762
=-0.530

Current CPI (Mar. 2024) = 131.7762.

OK Biotech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201603 1.599 100.470 2.097
201606 -0.440 101.688 -0.570
201609 0.705 101.861 0.912
201612 0.863 101.863 1.116
201703 -0.196 102.862 -0.251
201706 -0.103 103.349 -0.131
201709 0.044 104.136 0.056
201712 0.359 104.011 0.455
201803 0.593 105.290 0.742
201806 0.046 106.317 0.057
201809 -0.306 106.507 -0.379
201812 0.572 105.998 0.711
201903 0.442 107.251 0.543
201906 -1.307 108.070 -1.594
201909 0.612 108.329 0.744
201912 -0.217 108.420 -0.264
202003 -0.493 108.902 -0.597
202006 -0.026 108.767 -0.032
202009 0.332 109.815 0.398
202012 0.727 109.897 0.872
202103 -0.940 111.754 -1.108
202106 -0.514 114.631 -0.591
202109 -0.400 115.734 -0.455
202112 1.113 117.630 1.247
202203 -0.442 121.301 -0.480
202206 0.045 125.017 0.047
202209 -1.371 125.227 -1.443
202212 1.109 125.222 1.167
202303 -0.568 127.348 -0.588
202306 -2.384 128.729 -2.440
202309 0.004 129.860 0.004
202312 -0.337 129.419 -0.343
202403 -0.530 131.776 -0.530

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.


OK Biotech Co  (TPE:4155) 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.


OK Biotech Co Cyclically Adjusted Price-to-FCF Related Terms

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OK Biotech Co (TPE:4155) Business Description

Traded in Other Exchanges
N/A
Address
No.91, Gongdao 5th Road, Section 2, Hsinchu, TWN, 30070
OK Biotech Co Ltd is engaged in the manufacturing of electronic materials and medical devices. The products of the company include Portable Nebulizer, Blood Glucose Meter, Glucometer, Blood Sugar Meter, Blood Glucose Test Strips, and others.

OK Biotech Co (TPE:4155) Headlines

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