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TrueBlue (TrueBlue) Cyclically Adjusted Price-to-FCF : 4.36 (As of Apr. 28, 2024)


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What is TrueBlue Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), TrueBlue's current share price is $10.51. TrueBlue's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.41. TrueBlue's Cyclically Adjusted Price-to-FCF for today is 4.36.

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

TBI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.29   Med: 13.01   Max: 21.67
Current: 4.35

During the past years, TrueBlue's highest Cyclically Adjusted Price-to-FCF was 21.67. The lowest was 4.29. And the median was 13.01.

TBI's Cyclically Adjusted Price-to-FCF is ranked better than
89.61% of 356 companies
in the Business Services industry
Industry Median: 17.405 vs TBI: 4.35

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.

TrueBlue's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.225. 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 $2.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TrueBlue Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TrueBlue'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.

TrueBlue Cyclically Adjusted Price-to-FCF Chart

TrueBlue 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 12.61 8.50 12.30 7.67 6.35

TrueBlue 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 7.67 6.86 6.85 5.81 6.35

Competitive Comparison of TrueBlue's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, TrueBlue'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.


TrueBlue's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



TrueBlue 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.

TrueBlue's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.51/2.41
=4.36

* 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.

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

For example, TrueBlue'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)
=0.225/129.4194*129.4194
=0.225

Current CPI (Dec. 2023) = 129.4194.

TrueBlue Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.523 99.695 0.679
201406 0.034 100.560 0.044
201409 0.655 100.428 0.844
201412 -0.457 99.070 -0.597
201503 2.232 99.621 2.900
201506 0.167 100.684 0.215
201509 0.204 100.392 0.263
201512 -1.291 99.792 -1.674
201603 3.747 100.470 4.827
201606 0.390 101.688 0.496
201609 0.537 101.861 0.682
201612 0.869 101.863 1.104
201703 1.143 102.862 1.438
201706 0.170 103.349 0.213
201709 0.228 104.136 0.283
201712 0.336 104.011 0.418
201803 1.055 105.290 1.297
201806 0.001 106.317 0.001
201809 0.383 106.507 0.465
201812 1.263 105.998 1.542
201903 0.394 107.251 0.475
201906 0.259 108.070 0.310
201909 0.212 108.329 0.253
201912 0.814 108.420 0.972
202003 0.552 108.902 0.656
202006 2.032 108.767 2.418
202009 -0.267 109.815 -0.315
202012 1.244 109.897 1.465
202103 0.510 111.754 0.591
202106 0.272 114.631 0.307
202109 -1.570 115.734 -1.756
202112 0.379 117.630 0.417
202203 0.598 121.301 0.638
202206 0.556 125.017 0.576
202209 0.557 125.227 0.576
202212 0.977 125.222 1.010
202303 0.033 127.348 0.034
202306 0.131 128.729 0.132
202309 -0.280 129.860 -0.279
202312 0.225 129.419 0.225

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.


TrueBlue  (NYSE:TBI) 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.


TrueBlue Cyclically Adjusted Price-to-FCF Related Terms

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


TrueBlue (TrueBlue) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1015 A Street, Tacoma, WA, USA, 98402
TrueBlue Inc is a provider of staffing and workforce management solutions. The company's reportable segments include PeopleReady offers industrial staffing services. PeopleManagement offers contingent and productivity-based on-site industrial staffing services and PeopleScout offers recruitment process outsourcing, talent advisory services, and managed service provider services. It generates maximum revenue from the PeopleReady segment.
Executives
Kim Harris Jones director THREE LAKES DRIVE, NORTHFIELD IL 60093
Sonita Lontoh director C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Robert C. Kreidler director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Richard P. Betori officer: EVP; President - PeopleScout 1015 A STREET, TACOMA WA 98402
Taryn R Owen officer: EVP,President - PeopleScout 1015 A ST, TACOMA WA 98402
Kristi A Savacool director 100 HALF DAY ROAD, LINCOLNSHIRE IL 60069
Paul G Reitz director 1301 FIRST AVENUE, COLUMBUS GA 31901
Carl Schweihs officer: EVP, President - PeopleMgmt 1015 A STREET, TACOMA WA 98402
Kristy A. Fitzsimmons-willis officer: EVP; President - PeopleReady 1015 A STREET, TACOMA WA 98402
Garrett Ferencz officer: EVP, Chief Legal Officer 1015 A STREET, TACOMA WA 98402
William C. Goings director 1015 A ST, TACOMA WA 98402
Derrek Lane Gafford officer: EVP and CFO 1015 A STREET, P.O. BOX 2910, TACOMA WA 98402
Richard Christensen officer: SVP, Chief Accounting Officer 1015 A STREET, TACOMA WA 98402
Steven C Cooper director PO BOX 2910, TACOMA WA 98401-2910
A. Patrick Beharelle officer: CEO 1015 A STREET, TACOMA WA 98402