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Vodafone Idea (BOM:532822) Cyclically Adjusted PS Ratio : 0.36 (As of Jun. 07, 2024)


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What is Vodafone Idea Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Vodafone Idea's current share price is ₹15.85. Vodafone Idea's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹44.54. Vodafone Idea's Cyclically Adjusted PS Ratio for today is 0.36.

The historical rank and industry rank for Vodafone Idea's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:532822' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.17   Max: 0.39
Current: 0.34

During the past years, Vodafone Idea's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.06. And the median was 0.17.

BOM:532822's Cyclically Adjusted PS Ratio is ranked better than
78% of 300 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs BOM:532822: 0.34

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Vodafone Idea's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹2.163. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₹44.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vodafone Idea Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vodafone Idea's Cyclically Adjusted PS 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.

Vodafone Idea Cyclically Adjusted PS Ratio Chart

Vodafone Idea Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.17 0.18 0.12 0.30

Vodafone Idea Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.12 0.15 0.24 0.35 0.30

Competitive Comparison of Vodafone Idea's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Vodafone Idea's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Vodafone Idea's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodafone Idea's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Vodafone Idea's Cyclically Adjusted PS Ratio falls into.



Vodafone Idea Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Vodafone Idea's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.85/44.54
=0.36

* 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.

Vodafone Idea's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vodafone Idea's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.163/153.0345*153.0345
=2.163

Current CPI (Mar. 2024) = 153.0345.

Vodafone Idea Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.472 94.103 21.909
201409 12.696 96.780 20.076
201412 13.370 96.780 21.141
201503 14.062 97.163 22.148
201506 14.720 99.841 22.563
201509 14.499 101.753 21.806
201512 15.082 102.901 22.430
201603 15.303 102.518 22.844
201606 15.074 105.961 21.771
201609 13.504 105.961 19.503
201612 14.853 105.196 21.607
201703 13.900 105.196 20.221
201706 13.785 107.109 19.696
201709 12.585 109.021 17.666
201712 10.953 109.404 15.321
201803 9.414 109.786 13.122
201806 10.750 111.317 14.779
201809 5.287 115.142 7.027
201812 10.919 115.142 14.512
201903 8.118 118.202 10.510
201906 5.085 120.880 6.438
201909 3.772 123.175 4.686
201912 3.853 126.235 4.671
202003 4.083 124.705 5.011
202006 3.708 127.000 4.468
202009 3.751 130.118 4.412
202012 3.797 130.889 4.439
202103 3.341 131.771 3.880
202106 3.186 134.084 3.636
202109 3.269 135.847 3.683
202112 3.386 138.161 3.751
202203 3.551 138.822 3.915
202206 3.238 142.347 3.481
202209 3.269 144.661 3.458
202212 3.254 145.763 3.416
202303 2.506 146.865 2.611
202306 2.179 150.280 2.219
202309 2.195 151.492 2.217
202312 2.200 152.924 2.202
202403 2.163 153.035 2.163

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Vodafone Idea  (BOM:532822) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Vodafone Idea Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Vodafone Idea's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Vodafone Idea (BOM:532822) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Marg, Birla Centurion, 10th Floor, Plot No. 794, B Wing, Century Mills Compound, Worli, Mumbai, MH, IND, 400 030
Vodafone Idea Ltd is a telecommunications company that provides mobile services and operates under one segment namely Mobility services. Mobility services generates revenue from mobile services and constitutes the majority of overall company revenue. The company owns telecommunications infrastructure, such as fiber networks and mobile towers. The company generates the vast majority of its revenue in India.

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