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Tata Consultancy Services (Tata Consultancy Services) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Tata Consultancy Services Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tata Consultancy Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tata Consultancy Services'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.

Tata Consultancy Services Cyclically Adjusted Price-to-FCF Chart

Tata Consultancy Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.14 51.21 51.11 38.11 -

Tata Consultancy Services 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 38.11 37.35 38.83 - -

Competitive Comparison of Tata Consultancy Services's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Tata Consultancy Services'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.


Tata Consultancy Services's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Tata Consultancy Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tata Consultancy Services's Cyclically Adjusted Price-to-FCF falls into.



Tata Consultancy Services 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.

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

For example, Tata Consultancy Services'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)
=0/153.2548*153.2548
=0.000

Current CPI (Mar. 2024) = 153.2548.

Tata Consultancy Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.040 94.103 0.065
201409 0.045 96.780 0.071
201412 0.043 96.780 0.068
201503 0.043 97.163 0.068
201506 0.024 99.841 0.037
201509 0.048 101.753 0.072
201512 0.051 102.901 0.076
201603 0.042 102.518 0.063
201606 0.047 105.961 0.068
201609 0.045 105.961 0.065
201612 0.066 105.196 0.096
201703 0.062 105.196 0.090
201706 0.048 107.109 0.069
201709 0.044 109.021 0.062
201712 0.068 109.404 0.095
201803 0.073 109.786 0.102
201806 0.119 111.317 0.164
201809 0.109 115.142 0.145
201812 0.137 115.142 0.182
201903 0.127 118.202 0.165
201906 0.121 120.880 0.153
201909 0.136 123.175 0.169
201912 0.140 126.235 0.170
202003 0.134 124.705 0.165
202006 0.138 127.000 0.167
202009 0.170 130.118 0.200
202012 0.187 130.889 0.219
202103 0.135 131.771 0.157
202106 0.164 134.084 0.187
202109 0.156 135.847 0.176
202112 0.160 138.161 0.177
202203 0.166 138.822 0.183
202206 0.159 142.347 0.171
202209 0.156 144.661 0.165
202212 0.150 145.763 0.158
202303 0.163 146.865 0.170
202306 0.162 150.280 0.165
202309 0.172 151.492 0.174
202312 0.000 153.255 0.000
202403 0.000 153.255 0.000

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.


Tata Consultancy Services  (OTCPK:TTNQY) 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.


Tata Consultancy Services Cyclically Adjusted Price-to-FCF Related Terms

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Tata Consultancy Services (Tata Consultancy Services) Business Description

Traded in Other Exchanges
Address
Raveline Street, TCS House, Fort, Mumbai, MH, IND, 400001
Tata Consultancy Services is a leading global IT services provider, with nearly 450,000 employees. Based in Mumbai, the India IT services firm leverages its offshore outsourcing model to derive half of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service, or BPaaS.