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Elisa Oyj (FRA:EIA) Cyclically Adjusted PS Ratio : 3.24 (As of Jun. 10, 2024)


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What is Elisa Oyj Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Elisa Oyj's current share price is €43.58. Elisa Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.45. Elisa Oyj's Cyclically Adjusted PS Ratio for today is 3.24.

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

FRA:EIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.99   Med: 4.21   Max: 5.41
Current: 3.26

During the past years, Elisa Oyj's highest Cyclically Adjusted PS Ratio was 5.41. The lowest was 2.99. And the median was 4.21.

FRA:EIA's Cyclically Adjusted PS Ratio is ranked worse than
84% of 300 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs FRA:EIA: 3.26

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.

Elisa Oyj's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.330. 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 €13.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elisa Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Elisa Oyj'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.

Elisa Oyj Cyclically Adjusted PS Ratio Chart

Elisa Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 4.12 4.74 3.91 3.15

Elisa Oyj 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 4.29 3.74 3.33 3.15 3.09

Competitive Comparison of Elisa Oyj's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Elisa Oyj'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.


Elisa Oyj's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

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



Elisa Oyj 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.

Elisa Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.58/13.45
=3.24

* 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.

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

For example, Elisa Oyj'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)
=3.33/122.3600*122.3600
=3.330

Current CPI (Mar. 2024) = 122.3600.

Elisa Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.407 100.147 2.941
201409 2.409 100.726 2.926
201412 2.420 100.229 2.954
201503 2.388 100.120 2.918
201506 2.445 100.030 2.991
201509 2.474 100.130 3.023
201512 2.535 99.990 3.102
201603 2.441 100.080 2.984
201606 2.462 100.390 3.001
201609 2.623 100.540 3.192
201612 2.719 101.020 3.293
201703 2.604 100.910 3.158
201706 2.788 101.140 3.373
201709 2.845 101.320 3.436
201712 2.962 101.510 3.570
201803 2.816 101.730 3.387
201806 2.864 102.320 3.425
201809 2.841 102.600 3.388
201812 2.946 102.710 3.510
201903 2.751 102.870 3.272
201906 2.824 103.360 3.343
201909 2.907 103.540 3.435
201912 3.048 103.650 3.598
202003 2.925 103.490 3.458
202006 2.879 103.320 3.410
202009 2.920 103.710 3.445
202012 3.112 103.890 3.665
202103 3.007 104.870 3.509
202106 3.023 105.360 3.511
202109 3.100 106.290 3.569
202112 3.343 107.490 3.805
202203 3.190 110.950 3.518
202206 3.254 113.570 3.506
202209 3.330 114.920 3.546
202212 3.507 117.320 3.658
202303 3.365 119.750 3.438
202306 3.320 120.690 3.366
202309 3.394 121.280 3.424
202312 3.509 121.540 3.533
202403 3.330 122.360 3.330

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.


Elisa Oyj  (FRA:EIA) 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.


Elisa Oyj Cyclically Adjusted PS Ratio Related Terms

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


Elisa Oyj (FRA:EIA) Business Description

Traded in Other Exchanges
Address
Ratavartijankatu 5, Helsinki, FIN, 00520
Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cabletv subscriptions, Elisa Viihde entertainment service and Elisa Kirja e-reading service. The Corporate Customers segment provides corporate and public administration organisations with services such as IT and communication solutions for the digital environment as well as fixed and mobile subscriptions. Majority of revenue is generated from Consumer Customers segment. The company generates majority of its revenue in Finland.

Elisa Oyj (FRA:EIA) Headlines

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