GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Textainer Group Holdings Ltd (NYSE:TGH) » Definitions » Cyclically Adjusted Price-to-FCF

Textainer Group Holdings (Textainer Group Holdings) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Textainer Group Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Textainer Group Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Textainer Group 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.

Textainer Group Holdings Cyclically Adjusted Price-to-FCF Chart

Textainer Group 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 - - - - -

Textainer Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -

Competitive Comparison of Textainer Group Holdings's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Textainer Group 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.


Textainer Group Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Textainer Group Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Textainer Group 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.

Textainer Group Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Textainer Group Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.52/129.4194*129.4194
=3.520

Current CPI (Dec. 2023) = 129.4194.

Textainer Group Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.803 99.695 -2.341
201406 -0.444 100.560 -0.571
201409 -1.845 100.428 -2.378
201412 -3.850 99.070 -5.029
201503 -1.759 99.621 -2.285
201506 -1.623 100.684 -2.086
201509 0.435 100.392 0.561
201512 0.126 99.792 0.163
201603 -1.305 100.470 -1.681
201606 -0.173 101.688 -0.220
201609 -1.482 101.861 -1.883
201612 -1.061 101.863 -1.348
201703 0.666 102.862 0.838
201706 0.964 103.349 1.207
201709 0.808 104.136 1.004
201712 -2.105 104.011 -2.619
201803 -3.053 105.290 -3.753
201806 -2.202 106.317 -2.680
201809 -0.040 106.507 -0.049
201812 -4.058 105.998 -4.955
201903 -0.212 107.251 -0.256
201906 -1.925 108.070 -2.305
201909 -0.067 108.329 -0.080
201912 1.550 108.420 1.850
202003 1.107 108.902 1.316
202006 1.359 108.767 1.617
202009 -2.284 109.815 -2.692
202012 -7.157 109.897 -8.428
202103 -3.489 111.754 -4.041
202106 -10.066 114.631 -11.365
202109 -12.243 115.734 -13.691
202112 -3.285 117.630 -3.614
202203 -0.334 121.301 -0.356
202206 3.017 125.017 3.123
202209 0.552 125.227 0.570
202212 4.313 125.222 4.458
202303 3.295 127.348 3.349
202306 3.087 128.729 3.104
202309 3.076 129.860 3.066
202312 3.520 129.419 3.520

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.


Textainer Group Holdings  (NYSE:TGH) 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.


Textainer Group Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Textainer Group Holdings (Textainer Group Holdings) Business Description

Address
16 Par-La-Ville Road, Century House, Hamilton, BMU, HM 08
Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally, including international shipping lines and other leases. The company's operating segments are Container Ownership, Container Management, and Container Resale. Its geographical segments are Asia, Europe, North/South America, and other international countries. Textainer generates the majority of its revenue from lease rental income.