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Telecom Italia SpA (Telecom Italia SpA) Cyclically Adjusted Revenue per Share : $1.26 (As of Sep. 2023)


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What is Telecom Italia SpA Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Telecom Italia SpA's adjusted revenue per share for the three months ended in Sep. 2023 was $0.206. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $1.26 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Telecom Italia SpA was -2.30% per year. The lowest was -10.20% per year. And the median was -5.65% per year.

As of today (2024-05-27), Telecom Italia SpA's current stock price is $0.277. Telecom Italia SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $1.26. Telecom Italia SpA's Cyclically Adjusted PS Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telecom Italia SpA was 0.85. The lowest was 0.16. And the median was 0.42.


Telecom Italia SpA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Telecom Italia SpA's Cyclically Adjusted Revenue per Share 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.

Telecom Italia SpA Cyclically Adjusted Revenue per Share Chart

Telecom Italia SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.31 1.35 1.23 1.19

Telecom Italia SpA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Revenue per Share 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 0.90 1.19 1.12 1.21 1.26

Competitive Comparison of Telecom Italia SpA's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, Telecom Italia SpA'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.


Telecom Italia SpA's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

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



Telecom Italia SpA Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Telecom Italia SpA's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.206/120.3000*120.3000
=0.206

Current CPI (Sep. 2023) = 120.3000.

Telecom Italia SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.412 99.721 0.497
201403 0.369 99.907 0.444
201406 0.378 100.093 0.454
201409 0.362 99.814 0.436
201412 0.354 99.721 0.427
201503 0.281 99.814 0.339
201506 0.293 100.279 0.351
201509 0.277 100.000 0.333
201512 0.270 99.814 0.325
201603 0.228 99.600 0.275
201606 0.254 99.900 0.306
201609 0.281 100.100 0.338
201612 0.255 100.300 0.306
201703 0.245 101.000 0.292
201706 0.264 101.100 0.314
201709 0.278 101.200 0.330
201712 0.287 101.200 0.341
201803 0.274 101.800 0.324
201806 0.262 102.400 0.308
201809 0.258 102.600 0.303
201812 0.771 102.300 0.907
201903 0.240 102.800 0.281
201906 0.243 103.100 0.284
201909 0.232 102.900 0.271
201912 0.240 102.800 0.281
202003 0.208 102.900 0.243
202006 0.203 102.900 0.237
202009 0.217 102.300 0.255
202012 0.238 102.600 0.279
202103 0.209 103.700 0.242
202106 0.217 104.200 0.251
202109 0.211 104.900 0.242
202112 0.212 106.600 0.239
202203 0.189 110.400 0.206
202206 0.195 112.500 0.209
202209 0.185 114.200 0.195
202212 0.212 119.000 0.214
202303 0.194 118.800 0.196
202306 0.204 119.700 0.205
202309 0.206 120.300 0.206

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Telecom Italia SpA  (OTCPK:TIAOF) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Telecom Italia SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.277/1.26
=0.22

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telecom Italia SpA was 0.85. The lowest was 0.16. And the median was 0.42.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Telecom Italia SpA Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Telecom Italia SpA's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Telecom Italia SpA (Telecom Italia SpA) Business Description

Address
Corso D'Italia, 41, Roma, ITA, 00198
Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.

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