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TDb Split (TSX:XTD) Cyclically Adjusted Price-to-FCF : 2.26 (As of Jun. 05, 2025)


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What is TDb Split Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), TDb Split's current share price is C$4.20. TDb Split's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov24 was C$1.86. TDb Split's Cyclically Adjusted Price-to-FCF for today is 2.26.

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

TSX:XTD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.65   Med: 1.96   Max: 2.24
Current: 2.24

During the past 13 years, TDb Split's highest Cyclically Adjusted Price-to-FCF was 2.24. The lowest was 1.65. And the median was 1.96.

TSX:XTD's Cyclically Adjusted Price-to-FCF is ranked better than
93.98% of 498 companies
in the Asset Management industry
Industry Median: 19.15 vs TSX:XTD: 2.24

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.

TDb Split's adjusted free cash flow per share data of for the fiscal year that ended in Nov24 was C$8.822. 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 C$1.86 for the trailing ten years ended in Nov24.

Shiller PE for Stocks: The True Measure of Stock Valuation


TDb Split Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TDb Split'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.

TDb Split Cyclically Adjusted Price-to-FCF Chart

TDb Split Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.23

TDb Split Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 - - - - 2.23

Competitive Comparison of TDb Split's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, TDb Split'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.


TDb Split's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TDb Split's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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TDb Split 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.

TDb Split's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.20/1.86
=2.26

* 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.

TDb Split's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov24 is calculated as:

For example, TDb Split's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov24 (Change)*Current CPI (Nov24)
=8.822/127.8378*127.8378
=8.822

Current CPI (Nov24) = 127.8378.

TDb Split Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201511 1.199 100.421 1.526
201611 3.561 101.607 4.480
201711 2.184 103.740 2.691
201811 2.639 105.478 3.198
201911 3.514 107.769 4.168
202011 -5.028 108.796 -5.908
202111 -7.126 113.932 -7.996
202211 1.903 121.675 1.999
202311 5.498 125.468 5.602
202411 8.822 127.838 8.822

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.


TDb Split  (TSX:XTD) 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.


TDb Split Cyclically Adjusted Price-to-FCF Related Terms

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


TDb Split Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
TDb Split Corp is a mutual fund company that invests in common shares of The Toronto-Dominion Bank. It offers two types of shares Priority Equity Shares and Class A Shares. The company's investment objective for the Priority Equity Shares is to provide holders of Priority Equity Shares with cumulative preferential monthly cash dividends and its investment objective for the Class A Shares is to provide holders with regular monthly cash dividends.

TDb Split Headlines

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