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Transition Therapeutics (Transition Therapeutics) Cyclically Adjusted Price-to-FCF : (As of Jun. 17, 2024)


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What is Transition Therapeutics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Transition Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transition Therapeutics'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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Transition Therapeutics Cyclically Adjusted Price-to-FCF Chart

Transition Therapeutics Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cyclically Adjusted Price-to-FCF
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Transition Therapeutics Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Competitive Comparison of Transition Therapeutics's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Transition Therapeutics'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.


Transition Therapeutics's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Transition Therapeutics 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.

Transition Therapeutics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2016 is calculated as:

For example, Transition Therapeutics's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=-0.051/101.0535*101.0535
=-0.051

Current CPI (Mar. 2016) = 101.0535.

Transition Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200606 -0.230 86.516 -0.269
200609 -0.081 86.279 -0.095
200612 0.237 86.437 0.277
200703 -0.125 87.780 -0.144
200706 -0.283 88.412 -0.323
200709 -0.199 88.412 -0.227
200712 0.205 88.491 0.234
200803 0.077 88.965 0.087
200806 0.052 91.177 0.058
200809 -0.260 91.414 -0.287
200812 -0.134 89.518 -0.151
200903 0.000 90.071 0.000
200906 0.000 90.940 0.000
200909 0.000 90.624 0.000
200912 0.000 90.703 0.000
201003 0.000 91.335 0.000
201006 0.000 91.809 0.000
201009 -0.117 92.362 -0.128
201012 -0.134 92.836 -0.146
201103 0.265 94.338 0.284
201106 -0.199 94.654 -0.212
201109 -0.121 95.286 -0.128
201112 -0.088 94.970 -0.094
201203 -0.053 96.155 -0.056
201206 -0.086 96.076 -0.090
201209 -0.093 96.392 -0.097
201212 0.322 95.760 0.340
201303 -0.086 97.103 -0.089
201306 0.171 97.182 0.178
201309 -0.052 97.419 -0.054
201312 -0.060 96.945 -0.063
201403 -0.043 98.604 -0.044
201406 -0.311 99.473 -0.316
201409 -0.429 99.394 -0.436
201412 -0.496 98.367 -0.510
201503 -0.099 99.789 -0.100
201506 -0.204 100.500 -0.205
201509 -0.213 100.421 -0.214
201512 -0.071 99.947 -0.072
201603 -0.051 101.054 -0.051

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.


Transition Therapeutics  (NAS:TTHI) 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.


Transition Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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Transition Therapeutics (Transition Therapeutics) Business Description

Traded in Other Exchanges
N/A
Address
Transition Therapeutics Inc was incorporated on July 6, 1998 as 'Transition Therapeutics and Diagnostics Inc.' The Corporation filed articles of amendment on October 12, 2000 and on October 19, 2000 to create a class of non-voting shares (the 'Class B Shares') and to amend certain attributes of its Common Shares. On November 2, 2000, the Corporation filed articles of amendment to delete its private company restrictions. On December 14, 2000, the Corporation filed articles of amendment to change its name to 'Transition Therapeutics Inc.' The Company's technologies are focused on the treatment of Alzheimer's disease and diabetes. The Corporation operates in one business segment; that is the research and development of therapeutic agents. Its technologies in development include ELND005 (AZD-103) for the treatment of Alzheimer's disease. On April 30, 2013, the Company announced the results of a five-week proof of concept clinical study of TT401 in type 2 diabetic and obese non-diabetic subjects. In the study, TT401, a once weekly administered peptide, demonstrated improvements in glycemic control and reductions in body weight.
Executives
Jack W Schuler 10 percent owner 100 N. FIELD DRIVE, SUITE 360, LAKE FOREST IL 60045
Family Foundation Schuler 10 percent owner 100 N. FIELD DRIVE, SUITE 360, LAKE FOREST IL 60045