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US Physical Therapy (US Physical Therapy) Cyclically Adjusted Price-to-FCF : 20.27 (As of May. 21, 2024)


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What is US Physical Therapy Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), US Physical Therapy's current share price is $105.40. US Physical Therapy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.20. US Physical Therapy's Cyclically Adjusted Price-to-FCF for today is 20.27.

The historical rank and industry rank for US Physical Therapy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

USPH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.43   Med: 21.92   Max: 41.46
Current: 20.52

During the past years, US Physical Therapy's highest Cyclically Adjusted Price-to-FCF was 41.46. The lowest was 13.43. And the median was 21.92.

USPH's Cyclically Adjusted Price-to-FCF is ranked better than
54.97% of 171 companies
in the Healthcare Providers & Services industry
Industry Median: 23.87 vs USPH: 20.52

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.

US Physical Therapy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.172. 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 $5.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


US Physical Therapy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for US Physical Therapy'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.

US Physical Therapy Cyclically Adjusted Price-to-FCF Chart

US Physical Therapy 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 32.18 29.66 20.88 16.60 18.19

US Physical Therapy 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 19.59 23.92 17.86 18.19 21.70

Competitive Comparison of US Physical Therapy's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, US Physical Therapy'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.


US Physical Therapy's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where US Physical Therapy's Cyclically Adjusted Price-to-FCF falls into.



US Physical Therapy 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.

US Physical Therapy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=105.40/5.2
=20.27

* 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.

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

For example, US Physical Therapy'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)
=0.172/131.7762*131.7762
=0.172

Current CPI (Mar. 2024) = 131.7762.

US Physical Therapy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.315 100.560 1.723
201409 0.489 100.428 0.642
201412 0.922 99.070 1.226
201503 0.130 99.621 0.172
201506 1.190 100.684 1.557
201509 0.628 100.392 0.824
201512 0.571 99.792 0.754
201603 1.028 100.470 1.348
201606 1.183 101.688 1.533
201609 0.461 101.861 0.596
201612 0.752 101.863 0.973
201703 1.004 102.862 1.286
201706 0.506 103.349 0.645
201709 1.296 104.136 1.640
201712 1.126 104.011 1.427
201803 1.120 105.290 1.402
201806 1.043 106.317 1.293
201809 1.683 106.507 2.082
201812 1.349 105.998 1.677
201903 0.871 107.251 1.070
201906 0.993 108.070 1.211
201909 1.197 108.329 1.456
201912 1.035 108.420 1.258
202003 1.065 108.902 1.289
202006 2.344 108.767 2.840
202009 1.976 109.815 2.371
202012 1.809 109.897 2.169
202103 1.248 111.754 1.472
202106 1.255 114.631 1.443
202109 1.724 115.734 1.963
202112 1.061 117.630 1.189
202203 0.705 121.301 0.766
202206 1.063 125.017 1.120
202209 0.847 125.227 0.891
202212 1.257 125.222 1.323
202303 0.713 127.348 0.738
202306 1.820 128.729 1.863
202309 0.922 129.860 0.936
202312 1.641 129.419 1.671
202403 0.172 131.776 0.172

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.


US Physical Therapy  (NYSE:USPH) 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.


US Physical Therapy Cyclically Adjusted Price-to-FCF Related Terms

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


US Physical Therapy (US Physical Therapy) Business Description

Traded in Other Exchanges
Address
1300 West Sam Houston Parkway South, Suite 300, Houston, TX, USA, 77042
US Physical Therapy Inc through its subsidiaries operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. The principal sources of payment for the clinics' services are managed care programs, commercial health insurance, Medicare/Medicaid, workers' compensation insurance, and proceeds from personal injury cases. Its operating segment includes Physical therapy operations and Industrial injury prevention services. The company generates maximum revenue from the Physical therapy operations segment.
Executives
Clayton Trier director 1300 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 300, HOUSTON TX 77042
Kathleen A Gilmartin director 1300 W SAM HOUSTON PKWY S, SUITE 300, HOUSTON TX 77042
Nancy Ham director U.S. PHYSICAL THERAPY INC., 1300 W SAM HOUSTON PARKWAY - SUITE 100, HOUSTON TX 77042
Richard Binstein officer: EVP Gen'l Counsel & Secretary 3733 ROSEMONT PASS, NEWTOWN SQUARE PA 19037
Edward L Kuntz director
Graham D. Reeve officer: COO 1300 W. SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Harris Bernard A Jr director 3411 ERIN KNOLL CT, HOUSTON TX 77059
Carey P Hendrickson officer: Chief Financial Officer, other: Effective 11/9/2020 400 S. RECORD STREET, DALLAS TX 75202
Eric Joseph Williams officer: Chief Operations Officer 1300 SAM HOUSTON PARKWAY W, SUITE 300, HOUSTON TX 77042
Harry S Chapman director 4626 DRAKE FALLS COURT, KATY TX 77450
Christopher J Reading officer: Chief Operating Officer
Mark J Brookner director 1300 W SAM HOUSTON PARKWAY S, STE 300, HOUSTON TX 77042
Regg E. Swanson director, Director 1737 BURKE HOLLOW ROAD, NOLENSVILLE TN 37037
Anne Motsenbocker director 1300 W SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Glenn Mcdowell officer: Chief Operating Officer 1300 W. SAM HOUSTON PKWY S., SUITE 300, HOUSTON TX 77042