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TELUS (TU) Shiller PE Ratio : 16.10 (As of Apr. 26, 2024)


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What is TELUS Shiller PE Ratio?

As of today (2024-04-26), TELUS's current share price is $16.10. TELUS's E10 for the quarter that ended in Dec. 2023 was $1.00. TELUS's Shiller PE Ratio for today is 16.10.

The historical rank and industry rank for TELUS's Shiller PE Ratio or its related term are showing as below:

TU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.42   Med: 21.24   Max: 26.38
Current: 16.77

During the past years, TELUS's highest Shiller PE Ratio was 26.38. The lowest was 16.42. And the median was 21.24.

TU's Shiller PE Ratio is ranked worse than
57.82% of 211 companies
in the Telecommunication Services industry
Industry Median: 14.63 vs TU: 16.77

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

TELUS's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.149. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TELUS Shiller PE Ratio Historical Data

The historical data trend for TELUS's Shiller PE Ratio 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.

TELUS Shiller PE Ratio Chart

TELUS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.11 21.03 23.50 19.43 17.82

TELUS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 19.43 19.96 19.14 16.67 17.82

Competitive Comparison of TELUS's Shiller PE Ratio

For the Telecom Services subindustry, TELUS's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


TELUS's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TELUS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TELUS's Shiller PE Ratio falls into.



TELUS Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

TELUS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.10/1
=16.10

* 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.

TELUS's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, TELUS's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.149/125.4675*125.4675
=0.149

Current CPI (Dec. 2023) = 125.4675.

TELUS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.270 98.604 0.344
201406 0.286 99.473 0.361
201409 0.263 99.394 0.332
201412 0.221 98.367 0.282
201503 0.269 99.789 0.338
201506 0.226 100.500 0.282
201509 0.230 100.421 0.287
201512 0.160 99.947 0.201
201603 0.242 101.054 0.300
201606 0.271 102.002 0.333
201609 0.225 101.765 0.277
201612 0.049 101.449 0.061
201703 0.261 102.634 0.319
201706 0.248 103.029 0.302
201709 0.277 103.345 0.336
201712 0.184 103.345 0.223
201803 0.267 105.004 0.319
201806 0.251 105.557 0.298
201809 0.284 105.636 0.337
201812 0.220 105.399 0.262
201903 0.269 106.979 0.315
201906 0.324 107.690 0.377
201909 0.272 107.611 0.317
201912 0.228 107.769 0.265
202003 0.201 107.927 0.234
202006 0.170 108.401 0.197
202009 0.181 108.164 0.210
202012 0.156 108.559 0.180
202103 0.199 110.298 0.226
202106 0.205 111.720 0.230
202109 0.197 112.905 0.219
202112 0.367 113.774 0.405
202203 0.221 117.646 0.236
202206 0.266 120.806 0.276
202209 0.277 120.648 0.288
202212 0.118 120.964 0.122
202303 0.110 122.702 0.112
202306 0.105 124.203 0.106
202309 0.067 125.230 0.067
202312 0.149 125.468 0.149

Add all the adjusted EPS together and divide 10 will get our E10.

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.


TELUS  (NYSE:TU) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


TELUS Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of TELUS's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


TELUS (TU) Business Description

Traded in Other Exchanges
Address
510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3
Telus is one of the Big Three wireless service providers in Canada, with its nearly 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.

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