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Tian Ge Interactive Holdings (Tian Ge Interactive Holdings) Cyclically Adjusted Price-to-FCF : 3.67 (As of Jun. 10, 2024)


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What is Tian Ge Interactive Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Tian Ge Interactive Holdings's current share price is $0.11. Tian Ge Interactive Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.03. Tian Ge Interactive Holdings's Cyclically Adjusted Price-to-FCF for today is 3.67.

The historical rank and industry rank for Tian Ge Interactive Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TGRVF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.04   Med: 3.92   Max: 6.5
Current: 4.93

During the past 11 years, Tian Ge Interactive Holdings's highest Cyclically Adjusted Price-to-FCF was 6.50. The lowest was 3.04. And the median was 3.92.

TGRVF's Cyclically Adjusted Price-to-FCF is ranked better than
93.38% of 136 companies
in the Interactive Media industry
Industry Median: 21.905 vs TGRVF: 4.93

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Tian Ge Interactive Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $-0.007. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tian Ge Interactive Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tian Ge Interactive 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.

Tian Ge Interactive Holdings Cyclically Adjusted Price-to-FCF Chart

Tian Ge Interactive Holdings 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 - - - 4.38 4.14

Tian Ge Interactive Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 4.38 - 4.14

Competitive Comparison of Tian Ge Interactive Holdings's Cyclically Adjusted Price-to-FCF

For the Internet Content & Information subindustry, Tian Ge Interactive 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.


Tian Ge Interactive Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tian Ge Interactive Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tian Ge Interactive 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.

Tian Ge Interactive Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.11/0.03
=3.67

* 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.

Tian Ge Interactive Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Tian Ge Interactive Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.007/114.7809*114.7809
=-0.007

Current CPI (Dec23) = 114.7809.

Tian Ge Interactive Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.021 99.000 0.024
201512 0.011 100.600 0.013
201612 0.034 102.600 0.038
201712 0.041 104.500 0.045
201812 0.022 106.500 0.024
201912 0.019 111.200 0.020
202012 0.002 111.500 0.002
202112 -0.017 113.108 -0.017
202212 -0.011 115.116 -0.011
202312 -0.007 114.781 -0.007

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.


Tian Ge Interactive Holdings  (OTCPK:TGRVF) 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.


Tian Ge Interactive Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Tian Ge Interactive Holdings (Tian Ge Interactive Holdings) Business Description

Traded in Other Exchanges
Address
Intime City Tower E, 12-14th Floor, Gongshu District, Hangzhou, CHN
Tian Ge Interactive Holdings Ltd is a Chinese investment holding company that engages in the online entertainment business. The company develops and operates real-time video technology so its users can socialize and interact through video chat and text. The company is also involved with creating mobile game platforms, O2O Entertainments, and has a health, personal, and beauty care business. The firm's segments include Online interactive entertainment services and Others. Online interactive entertainment services comprise the vast majority of the firm's overall revenue. It mainly operates its business in China.

Tian Ge Interactive Holdings (Tian Ge Interactive Holdings) Headlines

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