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Quebecor (FRA:QB3) Cyclically Adjusted PS Ratio : 1.48 (As of May. 22, 2024)


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What is Quebecor Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Quebecor's current share price is €20.40. Quebecor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.82. Quebecor's Cyclically Adjusted PS Ratio for today is 1.48.

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

FRA:QB3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.51   Max: 2.1
Current: 1.51

During the past years, Quebecor's highest Cyclically Adjusted PS Ratio was 2.10. The lowest was 0.38. And the median was 1.51.

FRA:QB3's Cyclically Adjusted PS Ratio is ranked worse than
59.2% of 299 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs FRA:QB3: 1.51

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.

Quebecor's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.925. 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 €13.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quebecor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Quebecor'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.

Quebecor Cyclically Adjusted PS Ratio Chart

Quebecor 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 1.96 1.94 1.62 1.62 1.60

Quebecor 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 1.76 1.70 1.50 1.60 1.48

Competitive Comparison of Quebecor's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Quebecor'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.


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

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

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



Quebecor 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.

Quebecor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.40/13.82
=1.48

* 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.

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

For example, Quebecor'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)
=3.925/126.2576*126.2576
=3.925

Current CPI (Mar. 2024) = 126.2576.

Quebecor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.110 99.473 2.678
201409 2.545 99.394 3.233
201412 2.726 98.367 3.499
201503 2.761 99.789 3.493
201506 2.413 100.500 3.031
201509 2.277 100.421 2.863
201512 2.389 99.947 3.018
201603 2.306 101.054 2.881
201606 2.789 102.002 3.452
201609 2.774 101.765 3.442
201612 3.049 101.449 3.795
201703 2.871 102.634 3.532
201706 2.859 103.029 3.504
201709 2.941 103.345 3.593
201712 2.880 103.345 3.519
201803 2.659 105.004 3.197
201806 2.830 105.557 3.385
201809 2.576 105.636 3.079
201812 2.790 105.399 3.342
201903 2.651 106.979 3.129
201906 2.685 107.690 3.148
201909 2.813 107.611 3.300
201912 3.045 107.769 3.567
202003 2.633 107.927 3.080
202006 2.543 108.401 2.962
202009 2.846 108.164 3.322
202012 2.937 108.559 3.416
202103 2.953 110.298 3.380
202106 3.075 111.720 3.475
202109 3.112 112.905 3.480
202112 3.349 113.774 3.716
202203 3.262 117.646 3.501
202206 3.479 120.806 3.636
202209 3.625 120.648 3.794
202212 3.555 120.964 3.711
202303 3.294 122.702 3.389
202306 4.113 124.203 4.181
202309 4.150 125.230 4.184
202312 4.355 125.072 4.396
202403 3.925 126.258 3.925

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.


Quebecor  (FRA:QB3) 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.


Quebecor Cyclically Adjusted PS Ratio Related Terms

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


Quebecor (FRA:QB3) Business Description

Traded in Other Exchanges
Address
612, rue Saint-Jacques, Corporate secretariat, 18th floor, Montreal, QC, CAN, H3C 4M8
Quebecor primarily provides telecom services in Quebec, where it has roughly 1.7 million internet subscribers—equating to a penetration rate of about 50% in its footprint—and over 3 million mobile subscribers, including more than 20% wireless market share in Quebec. With the acquisition of Freedom Mobile in April 2023, Quebecor also has more than 1.5 million mobile subscribers in Ontario, British Columbia, and Alberta. Quebecor also offers a French-language subscription video on demand service and has a media segment that owns and operates television stations, publishes newspapers and magazines, and produces and distributes films and television shows. A very small portion of Quebecor's business engages in live event production and promotion and has ownership of live-event venues.

Quebecor (FRA:QB3) Headlines

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