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Theravance Biopharma (FRA:0TB) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Theravance Biopharma Cyclically Adjusted Price-to-FCF?

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Theravance Biopharma Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Theravance Biopharma'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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Theravance Biopharma Cyclically Adjusted Price-to-FCF Chart

Theravance Biopharma Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Theravance Biopharma Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Theravance Biopharma's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Theravance Biopharma'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.


Theravance Biopharma's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Theravance Biopharma 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.

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

For example, Theravance Biopharma'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)
=-0.021/131.7762*131.7762
=-0.021

Current CPI (Mar. 2024) = 131.7762.

Theravance Biopharma Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.198 100.560 -1.570
201409 -0.900 100.428 -1.181
201412 -1.105 99.070 -1.470
201503 -1.609 99.621 -2.128
201506 -1.257 100.684 -1.645
201509 -0.864 100.392 -1.134
201512 -0.863 99.792 -1.140
201603 -0.632 100.470 -0.829
201606 -0.657 101.688 -0.851
201609 -0.246 101.861 -0.318
201612 -0.545 101.863 -0.705
201703 -0.917 102.862 -1.175
201706 -0.771 103.349 -0.983
201709 -1.007 104.136 -1.274
201712 -0.710 104.011 -0.900
201803 0.717 105.290 0.897
201806 -0.997 106.317 -1.236
201809 -0.803 106.507 -0.994
201812 -0.865 105.998 -1.075
201903 -1.328 107.251 -1.632
201906 -0.775 108.070 -0.945
201909 -0.727 108.329 -0.884
201912 -1.053 108.420 -1.280
202003 -0.853 108.902 -1.032
202006 -0.787 108.767 -0.953
202009 -1.061 109.815 -1.273
202012 -0.853 109.897 -1.023
202103 -0.933 111.754 -1.100
202106 -0.635 114.631 -0.730
202109 -0.537 115.734 -0.611
202112 -0.513 117.630 -0.575
202203 -0.318 121.301 -0.345
202206 -0.184 125.017 -0.194
202209 -0.295 125.227 -0.310
202212 -1.743 125.222 -1.834
202303 -0.180 127.348 -0.186
202306 -0.216 128.729 -0.221
202309 -0.045 129.860 -0.046
202312 -0.028 129.419 -0.029
202403 -0.021 131.776 -0.021

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.


Theravance Biopharma  (FRA:0TB) 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.


Theravance Biopharma Cyclically Adjusted Price-to-FCF Related Terms

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Theravance Biopharma (FRA:0TB) Business Description

Traded in Other Exchanges
Address
Ugland House, South Church Street, George Town, PO Box 309, Grand Cayman, CYM, KY1-1104
Theravance Biopharma Inc is a diversified biopharmaceutical company focused on the discovery, development, and commercialization of organ-selective medicines. Its purpose is to pioneer a new generation of small-molecule drugs designed to better meet patient needs. Its research is focused on the areas of inflammation and immunology. The firm applies organ-selective expertise to target disease biologically, to discover and develop medicines that may expand the therapeutic index with the goal of maximizing efficacy and limiting systemic side effects. The company develops lung-selective medicines to treat respiratory disease, including FDA-approved YUPELRI (revefenacin) inhalation solution indicated for the maintenance treatment of patients with chronic obstructive pulmonary disease (COPD).

Theravance Biopharma (FRA:0TB) Headlines

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