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Antibe Therapeutics (TSX:ATE) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Antibe Therapeutics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Antibe Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

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

Antibe Therapeutics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Antibe Therapeutics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Antibe Therapeutics's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Antibe Therapeutics'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.


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

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

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



Antibe Therapeutics 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.

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

For example, Antibe Therapeutics'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)
=-0.073/125.0724*125.0724
=-0.073

Current CPI (Dec. 2023) = 125.0724.

Antibe Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.316 98.604 -0.401
201406 -0.442 99.473 -0.556
201409 -0.271 99.394 -0.341
201412 -0.280 98.367 -0.356
201503 -0.036 99.789 -0.045
201506 -0.069 100.500 -0.086
201509 -0.146 100.421 -0.182
201512 -0.134 99.947 -0.168
201603 -0.085 101.054 -0.105
201606 -0.063 102.002 -0.077
201609 -0.107 101.765 -0.132
201612 -0.077 101.449 -0.095
201703 -0.130 102.634 -0.158
201706 -0.118 103.029 -0.143
201709 -0.139 103.345 -0.168
201712 -0.052 103.345 -0.063
201803 -0.124 105.004 -0.148
201806 -0.110 105.557 -0.130
201809 -0.120 105.636 -0.142
201812 -0.066 105.399 -0.078
201903 -0.038 106.979 -0.044
201906 -0.092 107.690 -0.107
201909 -0.123 107.611 -0.143
201912 -0.090 107.769 -0.104
202003 -0.111 107.927 -0.129
202006 -0.130 108.401 -0.150
202009 -0.211 108.164 -0.244
202012 -0.176 108.559 -0.203
202103 0.454 110.298 0.515
202106 -0.104 111.720 -0.116
202109 -0.123 112.905 -0.136
202112 -0.036 113.774 -0.040
202203 -0.072 117.646 -0.077
202206 -0.088 120.806 -0.091
202209 -0.091 120.648 -0.094
202212 -0.069 120.964 -0.071
202303 -0.064 122.702 -0.065
202306 -0.087 124.203 -0.088
202309 -0.122 125.230 -0.122
202312 -0.073 125.072 -0.073

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.


Antibe Therapeutics  (TSX:ATE) 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.


Antibe Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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Antibe Therapeutics (TSX:ATE) Business Description

Industry
Traded in Other Exchanges
Address
15 Prince Arthur Avenue, Toronto, ON, CAN, M5R 1B2
Antibe Therapeutics Inc is leveraging its proprietary hydrogen sulfide platform to develop next-generation safer therapies to target inflammation arising from a wide range of medical conditions. The company's pipeline includes assets that seek to overcome gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs. Antibe's lead drug, otenaproxesul, is in clinical development as a safer alternative to opioids for post-operative pain. Antibe's second pipeline drug, ATB-352, is being developed for a specialized acute pain indication. The company's anticipated next target is inflammatory bowel disease, a condition long in need of safer, more effective therapies.
Executives
Daniel Marcel Legault Senior Officer
Alain Wilson Senior Officer
John Lawrence Wallace Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Nicolas Bourgeois Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Scott Wilson Curtis Senior Officer

Antibe Therapeutics (TSX:ATE) Headlines

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