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Top Glove Bhd (Top Glove Bhd) Cyclically Adjusted Price-to-FCF : 6.37 (As of Apr. 27, 2024)


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What is Top Glove Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Top Glove Bhd's current share price is $0.1274. Top Glove Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $0.02. Top Glove Bhd's Cyclically Adjusted Price-to-FCF for today is 6.37.

The historical rank and industry rank for Top Glove Bhd's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPGVF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.21   Med: 20.85   Max: 938
Current: 6.4

During the past years, Top Glove Bhd's highest Cyclically Adjusted Price-to-FCF was 938.00. The lowest was 5.21. And the median was 20.85.

TPGVF's Cyclically Adjusted Price-to-FCF is ranked better than
95.2% of 229 companies
in the Medical Devices & Instruments industry
Industry Median: 42.33 vs TPGVF: 6.40

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.

Top Glove Bhd's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $-0.001. 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 $0.02 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Top Glove Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Top Glove Bhd'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.

Top Glove Bhd Cyclically Adjusted Price-to-FCF Chart

Top Glove Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306.92 210.37 31.95 6.55 6.13

Top Glove Bhd 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 6.24 9.20 6.13 - 6.36

Competitive Comparison of Top Glove Bhd's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.


Top Glove Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Cyclically Adjusted Price-to-FCF falls into.



Top Glove Bhd 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.

Top Glove Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.1274/0.02
=6.37

* 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.

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

For example, Top Glove Bhd'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)
=-0.001/129.4194*129.4194
=-0.001

Current CPI (Feb. 2024) = 129.4194.

Top Glove Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.004 100.373 0.005
201408 -0.001 100.352 -0.001
201411 0.001 99.635 0.001
201502 0.000 99.032 0.000
201505 0.003 100.333 0.004
201508 0.001 100.548 0.001
201511 0.005 100.135 0.006
201602 0.001 100.040 0.001
201605 0.002 101.355 0.003
201608 -0.002 101.617 -0.003
201611 0.000 101.829 0.000
201702 -0.004 102.779 -0.005
201705 0.001 103.256 0.001
201708 0.001 103.587 0.001
201711 -0.001 104.072 -0.001
201802 -0.001 105.052 -0.001
201805 0.001 106.148 0.001
201808 -0.003 106.383 -0.004
201811 0.001 106.338 0.001
201902 0.003 106.649 0.004
201905 -0.005 108.048 -0.006
201908 -0.001 108.245 -0.001
201911 -0.002 108.519 -0.002
202002 0.003 109.139 0.004
202005 0.016 108.175 0.019
202008 0.059 109.662 0.070
202011 0.084 109.793 0.099
202102 0.068 110.968 0.079
202105 0.066 113.576 0.075
202108 -0.020 115.421 -0.022
202111 -0.007 117.269 -0.008
202202 -0.010 119.703 -0.011
202205 -0.006 123.323 -0.006
202208 0.000 124.958 0.000
202211 -0.005 125.607 -0.005
202302 -0.002 126.928 -0.002
202305 0.003 128.314 0.003
202308 -0.002 129.538 -0.002
202311 0.000 129.548 0.000
202402 -0.001 129.419 -0.001

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.


Top Glove Bhd  (OTCPK:TPGVF) 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.


Top Glove Bhd Cyclically Adjusted Price-to-FCF Related Terms

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Top Glove Bhd (Top Glove Bhd) Business Description

Traded in Other Exchanges
Address
16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the majority demand.

Top Glove Bhd (Top Glove Bhd) Headlines

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