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Rogers Communications (FRA:RCIB) Cyclically Adjusted PS Ratio : 1.56 (As of May. 22, 2024)


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What is Rogers Communications Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Rogers Communications's current share price is €36.20. Rogers Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €23.18. Rogers Communications's Cyclically Adjusted PS Ratio for today is 1.56.

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

FRA:RCIB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.2   Max: 2.79
Current: 1.6

During the past years, Rogers Communications's highest Cyclically Adjusted PS Ratio was 2.79. The lowest was 1.52. And the median was 2.20.

FRA:RCIB's Cyclically Adjusted PS Ratio is ranked worse than
62.88% of 299 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs FRA:RCIB: 1.60

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.

Rogers Communications's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.250. 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 €23.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rogers Communications Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rogers Communications'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.

Rogers Communications Cyclically Adjusted PS Ratio Chart

Rogers Communications 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 2.32 2.10 2.02 2.00 1.86

Rogers Communications 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 1.94 1.84 1.57 1.86 1.64

Competitive Comparison of Rogers Communications's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Rogers Communications'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.


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

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

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



Rogers Communications 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.

Rogers Communications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.20/23.18
=1.56

* 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.

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

For example, Rogers Communications'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)
=6.25/126.2576*126.2576
=6.250

Current CPI (Mar. 2024) = 126.2576.

Rogers Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.222 99.473 5.359
201409 4.433 99.394 5.631
201412 4.579 98.367 5.877
201503 4.497 99.789 5.690
201506 4.752 100.500 5.970
201509 4.396 100.421 5.527
201512 4.470 99.947 5.647
201603 4.262 101.054 5.325
201606 4.613 102.002 5.710
201609 4.591 101.765 5.696
201612 4.825 101.449 6.005
201703 4.555 102.634 5.603
201706 4.696 103.029 5.755
201709 4.232 103.345 5.170
201712 6.403 103.345 7.823
201803 4.415 105.004 5.309
201806 4.747 105.557 5.678
201809 4.803 105.636 5.741
201812 5.003 105.399 5.993
201903 4.601 106.979 5.430
201906 4.898 107.690 5.742
201909 5.018 107.611 5.887
201912 5.296 107.769 6.205
202003 4.377 107.927 5.120
202006 4.086 108.401 4.759
202009 4.648 108.164 5.425
202012 4.667 108.559 5.428
202103 4.607 110.298 5.274
202106 4.808 111.720 5.434
202109 4.860 112.905 5.435
202112 5.355 113.774 5.943
202203 5.120 117.646 5.495
202206 5.637 120.806 5.891
202209 5.601 120.648 5.861
202212 5.721 120.964 5.971
202303 5.163 122.702 5.313
202306 6.614 124.203 6.723
202309 6.666 125.230 6.721
202312 6.880 125.072 6.945
202403 6.250 126.258 6.250

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.


Rogers Communications  (FRA:RCIB) 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.


Rogers Communications Cyclically Adjusted PS Ratio Related Terms

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


Rogers Communications (FRA:RCIB) Business Description

Traded in Other Exchanges
Address
333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 40% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.

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