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Telenor ASA (LTS:0G8C) Cyclically Adjusted PS Ratio : 1.42 (As of May. 26, 2024)


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What is Telenor ASA Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Telenor ASA's current share price is kr123.80. Telenor ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr87.28. Telenor ASA's Cyclically Adjusted PS Ratio for today is 1.42.

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

LTS:0G8C' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.99   Max: 2.78
Current: 1.4

During the past years, Telenor ASA's highest Cyclically Adjusted PS Ratio was 2.78. The lowest was 1.01. And the median was 1.99.

LTS:0G8C's Cyclically Adjusted PS Ratio is ranked worse than
58.14% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs LTS:0G8C: 1.40

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.

Telenor ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr14.054. 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 kr87.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telenor ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Telenor ASA'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.

Telenor ASA Cyclically Adjusted PS Ratio Chart

Telenor ASA 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 1.99 1.78 1.62 1.05 1.32

Telenor ASA 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 1.40 1.22 1.39 1.32 1.37

Competitive Comparison of Telenor ASA's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Telenor ASA'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.


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

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

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



Telenor ASA 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.

Telenor ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=123.80/87.28
=1.42

* 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.

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

For example, Telenor ASA'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)
=14.054/132.6000*132.6000
=14.054

Current CPI (Mar. 2024) = 132.6000.

Telenor ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.038 97.500 23.172
201409 18.414 98.500 24.789
201412 20.274 98.600 27.265
201503 20.980 99.200 28.044
201506 20.901 100.100 27.687
201509 21.224 100.600 27.975
201512 22.286 100.900 29.288
201603 20.942 102.500 27.092
201606 20.599 103.800 26.314
201609 20.807 104.200 26.478
201612 21.792 104.400 27.678
201703 18.406 105.000 23.244
201706 18.662 105.800 23.389
201709 18.321 105.900 22.940
201712 19.179 106.100 23.969
201803 18.220 107.300 22.516
201806 18.613 108.500 22.747
201809 18.796 109.500 22.761
201812 16.243 109.800 19.616
201903 18.226 110.400 21.891
201906 18.567 110.600 22.260
201909 19.675 111.100 23.482
201912 22.285 111.300 26.550
202003 21.729 111.200 25.911
202006 20.549 112.100 24.307
202009 20.269 112.900 23.806
202012 20.978 112.900 24.638
202103 19.671 114.600 22.761
202106 19.363 115.300 22.268
202109 19.609 117.500 22.129
202112 10.918 118.900 12.176
202203 13.157 119.800 14.563
202206 13.563 122.600 14.669
202209 13.679 125.600 14.441
202212 14.867 125.900 15.658
202303 13.756 127.600 14.295
202306 14.225 130.400 14.465
202309 14.187 129.800 14.493
202312 16.041 131.900 16.126
202403 14.054 132.600 14.054

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.


Telenor ASA  (LTS:0G8C) 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.


Telenor ASA Cyclically Adjusted PS Ratio Related Terms

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


Telenor ASA (LTS:0G8C) Business Description

Address
Snaroyveien 30, Fornebu, NOR, N-1360
Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

Telenor ASA (LTS:0G8C) Headlines

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