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Swisscom AG (STU:SWJA) Cyclically Adjusted PS Ratio : 2.22 (As of May. 24, 2024)


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What is Swisscom AG Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Swisscom AG's current share price is €51.50. Swisscom AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €23.20. Swisscom AG's Cyclically Adjusted PS Ratio for today is 2.22.

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

STU:SWJA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.88   Med: 2.23   Max: 2.74
Current: 2.12

During the past years, Swisscom AG's highest Cyclically Adjusted PS Ratio was 2.74. The lowest was 1.88. And the median was 2.23.

STU:SWJA's Cyclically Adjusted PS Ratio is ranked worse than
76% of 300 companies
in the Telecommunication Services industry
Industry Median: 1.055 vs STU:SWJA: 2.12

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.

Swisscom AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.400. 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 €23.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swisscom AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Swisscom AG'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.

Swisscom AG Cyclically Adjusted PS Ratio Chart

Swisscom AG 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 2.29 2.16 2.30 2.21 2.19

Swisscom AG 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 2.51 2.40 2.35 2.19 2.37

Competitive Comparison of Swisscom AG's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Swisscom AG'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.


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

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

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



Swisscom AG 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.

Swisscom AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.50/23.2
=2.22

* 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.

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

For example, Swisscom AG'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)
=5.4/107.3549*107.3549
=5.400

Current CPI (Mar. 2024) = 107.3549.

Swisscom AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.566 101.517 4.829
201409 4.681 101.247 4.963
201412 4.934 100.704 5.260
201503 5.270 100.339 5.639
201506 5.288 100.464 5.651
201509 5.117 99.785 5.505
201512 5.394 99.386 5.826
201603 5.100 99.475 5.504
201606 5.114 100.088 5.485
201609 5.076 99.604 5.471
201612 5.383 99.380 5.815
201703 5.102 100.040 5.475
201706 5.077 100.285 5.435
201709 4.892 100.254 5.239
201712 5.052 100.213 5.412
201803 4.768 100.836 5.076
201806 4.877 101.435 5.162
201809 4.926 101.246 5.223
201812 5.177 100.906 5.508
201903 4.882 101.571 5.160
201906 4.844 102.044 5.096
201909 4.941 101.396 5.231
201912 5.297 101.063 5.627
202003 4.988 101.048 5.299
202006 4.875 100.743 5.195
202009 4.941 100.585 5.274
202012 5.176 100.241 5.543
202103 4.890 100.800 5.208
202106 4.909 101.352 5.200
202109 4.908 101.533 5.189
202112 5.280 101.776 5.569
202203 5.195 103.205 5.404
202206 5.110 104.783 5.235
202209 5.432 104.835 5.563
202212 5.616 104.666 5.760
202303 5.350 106.245 5.406
202306 5.351 106.576 5.390
202309 5.535 106.570 5.576
202312 5.873 106.461 5.922
202403 5.400 107.355 5.400

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.


Swisscom AG  (STU:SWJA) 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.


Swisscom AG Cyclically Adjusted PS Ratio Related Terms

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


Swisscom AG (STU:SWJA) Business Description

Address
Alte Tiefenaustrasse 6, 3048 Worblaufen, Ittigen, Bern, CHE, CH-3050
Swisscom is the incumbent telecom operator in Switzerland, with a high market share in mobile and fixed-line markets. It charges high prices compared with its competitors and other European peers due to the historical stability of the Swiss telecom market and a favorable regulatory environment. It also owns Fastweb in Italy, which has a broadband network and operates as a wireless reseller.

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