GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Tsuruha Holdings Inc (TSE:3391) » Definitions » Cyclically Adjusted Price-to-FCF

Tsuruha Holdings (TSE:3391) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Tsuruha Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsuruha Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tsuruha Holdings'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.

Tsuruha Holdings Cyclically Adjusted Price-to-FCF Chart

Tsuruha Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tsuruha Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Tsuruha Holdings's Cyclically Adjusted Price-to-FCF

For the Pharmaceutical Retailers subindustry, Tsuruha Holdings'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.


Tsuruha Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tsuruha Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tsuruha Holdings 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.

Tsuruha Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Tsuruha Holdings's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0/106.9000*106.9000
=0.000

Current CPI (Feb. 2024) = 106.9000.

Tsuruha Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.000 98.100 0.000
201408 0.000 98.300 0.000
201411 0.000 97.900 0.000
201502 0.000 97.600 0.000
201505 0.000 98.700 0.000
201508 0.000 98.400 0.000
201511 0.000 98.100 0.000
201602 0.000 97.800 0.000
201605 0.000 98.200 0.000
201608 0.000 97.900 0.000
201611 0.000 98.600 0.000
201702 0.000 98.100 0.000
201705 0.000 98.600 0.000
201708 0.000 98.500 0.000
201711 0.000 99.100 0.000
201802 0.000 99.500 0.000
201805 0.000 99.300 0.000
201808 0.000 99.800 0.000
201811 0.000 100.000 0.000
201902 0.000 99.700 0.000
201905 0.000 100.000 0.000
201908 0.000 100.000 0.000
201911 0.000 100.500 0.000
202002 0.000 100.300 0.000
202005 0.000 100.100 0.000
202008 0.000 100.100 0.000
202011 0.000 99.500 0.000
202102 0.000 99.800 0.000
202105 0.000 99.400 0.000
202108 0.000 99.700 0.000
202111 0.000 100.100 0.000
202202 0.000 100.700 0.000
202205 0.000 101.800 0.000
202208 0.000 102.700 0.000
202211 0.000 103.900 0.000
202302 0.000 104.000 0.000
202305 0.000 105.100 0.000
202308 0.000 105.900 0.000
202311 0.000 106.900 0.000
202402 0.000 106.900 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.


Tsuruha Holdings  (TSE:3391) 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.


Tsuruha Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Tsuruha Holdings (TSE:3391) Business Description

Traded in Other Exchanges
Address
20, Higashi 24-chome, Higashi Sapporo 1-21, Kitaku, JPN, 065-0024
Tsuruha Holdings Inc manages pharmaceutical companies in Japan, where the drugstore business is the core of their operations. The company generates revenue through selling prescription and over-the-counter drugs, medical supplies, nursing care products, discount cosmetics, health products, and a miscellaneous assortment of general merchandise. Tsuruha also provides blood testing services, disease prevention solutions, and at-home drug delivery services.

Tsuruha Holdings (TSE:3391) Headlines

No Headlines