GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tethys Petroleum Ltd (TSXV:TPL) » Definitions » Cyclically Adjusted Price-to-FCF

Tethys Petroleum (TSXV:TPL) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tethys Petroleum Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tethys Petroleum Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tethys Petroleum'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.

Tethys Petroleum Cyclically Adjusted Price-to-FCF Chart

Tethys Petroleum 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 - - - - -

Tethys Petroleum 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 - - - - -

Competitive Comparison of Tethys Petroleum's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Tethys Petroleum'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.


Tethys Petroleum's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tethys Petroleum's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tethys Petroleum 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.

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

For example, Tethys Petroleum'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)
=-0.063/131.7762*131.7762
=-0.063

Current CPI (Mar. 2024) = 131.7762.

Tethys Petroleum Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.242 100.560 -0.317
201409 -0.272 100.428 -0.357
201412 -0.401 99.070 -0.533
201503 -0.208 99.621 -0.275
201506 -0.317 100.684 -0.415
201509 -0.253 100.392 -0.332
201512 -0.074 99.792 -0.098
201603 -0.090 100.470 -0.118
201606 -0.064 101.688 -0.083
201609 -0.067 101.861 -0.087
201612 0.021 101.863 0.027
201703 -0.060 102.862 -0.077
201706 0.052 103.349 0.066
201709 -0.019 104.136 -0.024
201712 -0.072 104.011 -0.091
201803 -0.019 105.290 -0.024
201806 0.004 106.317 0.005
201809 -0.005 106.507 -0.006
201812 -0.017 105.998 -0.021
201903 -0.027 107.251 -0.033
201906 0.048 108.070 0.059
201909 -0.009 108.329 -0.011
201912 -0.046 108.420 -0.056
202003 0.121 108.902 0.146
202006 0.002 108.767 0.002
202009 0.076 109.815 0.091
202012 -0.060 109.897 -0.072
202103 -0.018 111.754 -0.021
202106 -0.040 114.631 -0.046
202109 0.016 115.734 0.018
202112 0.037 117.630 0.041
202203 0.121 121.301 0.131
202206 -0.055 125.017 -0.058
202209 0.144 125.227 0.152
202212 0.026 125.222 0.027
202303 -0.053 127.348 -0.055
202306 -0.034 128.729 -0.035
202309 0.119 129.860 0.121
202312 -0.056 129.419 -0.057
202403 -0.063 131.776 -0.063

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.


Tethys Petroleum  (TSXV:TPL) 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.


Tethys Petroleum Cyclically Adjusted Price-to-FCF Related Terms

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


Tethys Petroleum (TSXV:TPL) Business Description

Industry
Traded in Other Exchanges
Address
190 Elgin Avenue, George Town, Grand Cayman, CYM, KY1-9005
Tethys Petroleum Ltd is engaged in the acquisition of and exploration and development of crude oil and natural gas field. The company currently operated in Kazakhstan and others. Its projects include Kyzyloi Production Contract; Akkulka Exploration Contract and Kul-Bas Block.