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Geron (STU:GON) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


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What is Geron Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Geron Cyclically Adjusted Price-to-FCF Historical Data

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

Geron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Geron 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 Geron's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Geron'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.


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

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

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



Geron 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.

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

For example, Geron'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)
=-0.096/131.7762*131.7762
=-0.096

Current CPI (Mar. 2024) = 131.7762.

Geron Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.024 100.560 -0.031
201409 -0.022 100.428 -0.029
201412 0.147 99.070 0.196
201503 -0.045 99.621 -0.060
201506 -0.036 100.684 -0.047
201509 -0.027 100.392 -0.035
201512 -0.030 99.792 -0.040
201603 -0.032 100.470 -0.042
201606 -0.032 101.688 -0.041
201609 -0.037 101.861 -0.048
201612 -0.004 101.863 -0.005
201703 -0.043 102.862 -0.055
201706 -0.025 103.349 -0.032
201709 -0.023 104.136 -0.029
201712 -0.023 104.011 -0.029
201803 -0.037 105.290 -0.046
201806 -0.022 106.317 -0.027
201809 -0.029 106.507 -0.036
201812 -0.014 105.998 -0.017
201903 -0.061 107.251 -0.075
201906 -0.042 108.070 -0.051
201909 -0.059 108.329 -0.072
201912 -0.047 108.420 -0.057
202003 -0.119 108.902 -0.144
202006 -0.045 108.767 -0.055
202009 -0.041 109.815 -0.049
202012 -0.033 109.897 -0.040
202103 -0.085 111.754 -0.100
202106 -0.045 114.631 -0.052
202109 -0.059 115.734 -0.067
202112 -0.060 117.630 -0.067
202203 -0.093 121.301 -0.101
202206 -0.067 125.017 -0.071
202209 -0.074 125.227 -0.078
202212 -0.087 125.222 -0.092
202303 -0.080 127.348 -0.083
202306 -0.050 128.729 -0.051
202309 -0.083 129.860 -0.084
202312 -0.063 129.419 -0.064
202403 -0.096 131.776 -0.096

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.


Geron  (STU:GON) 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.


Geron Cyclically Adjusted Price-to-FCF Related Terms

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Geron (STU:GON) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Geron Corp (STU:GON) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
919 East Hillsdale Boulevard, Suite 250, Foster City, CA, USA, 94404
Geron Corp is a clinical-stage biopharmaceutical company focused on the research and development of cancer treatments. The company's leading drug in development, Imelstat, is being tested for the treatment of myelodysplastic syndromes, which are disorders of the blood, and myelofibrosis, which is a rare blood cancer affecting bone marrow. The company earns revenue through collaboration agreements, milestones, royalties, and licensing arrangements. Geron possesses global rights to this drug. the company operates as a single segment, the development of therapeutic products for oncology.

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