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PLDT (PHI) Cyclically Adjusted PS Ratio : 1.42 (As of May. 12, 2024)


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What is PLDT Cyclically Adjusted PS Ratio?

As of today (2024-05-12), PLDT's current share price is $24.84. PLDT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $17.55. PLDT's Cyclically Adjusted PS Ratio for today is 1.42.

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

PHI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.77   Max: 4.11
Current: 1.44

During the past years, PLDT's highest Cyclically Adjusted PS Ratio was 4.11. The lowest was 1.03. And the median was 1.77.

PHI's Cyclically Adjusted PS Ratio is ranked worse than
56.81% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.03 vs PHI: 1.44

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.

PLDT's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.353. 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 $17.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PLDT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PLDT'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.

PLDT Cyclically Adjusted PS Ratio Chart

PLDT 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 1.18 1.60 2.03 1.39 1.31

PLDT 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 1.47 1.35 1.20 1.31 1.41

Competitive Comparison of PLDT's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, PLDT'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.


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

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

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



PLDT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.84/17.55
=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.

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

For example, PLDT'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)
=4.353/129.4194*129.4194
=4.353

Current CPI (Mar. 2024) = 129.4194.

PLDT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.444 100.560 4.432
201409 3.359 100.428 4.329
201412 3.499 99.070 4.571
201503 3.421 99.621 4.444
201506 3.423 100.684 4.400
201509 3.423 100.392 4.413
201512 3.476 99.792 4.508
201603 3.439 100.470 4.430
201606 3.409 101.688 4.339
201609 3.209 101.861 4.077
201612 3.206 101.863 4.073
201703 3.151 102.862 3.965
201706 3.199 103.349 4.006
201709 3.211 104.136 3.991
201712 3.205 104.011 3.988
201803 3.257 105.290 4.003
201806 3.346 106.317 4.073
201809 3.237 106.507 3.933
201812 3.300 105.998 4.029
201903 3.266 107.251 3.941
201906 3.318 108.070 3.973
201909 3.398 108.329 4.060
201912 3.598 108.420 4.295
202003 3.509 108.902 4.170
202006 3.456 108.767 4.112
202009 3.731 109.815 4.397
202012 3.842 109.897 4.525
202103 3.853 111.754 4.462
202106 3.827 114.631 4.321
202109 3.869 115.734 4.326
202112 3.886 117.630 4.275
202203 4.006 121.301 4.274
202206 4.090 125.017 4.234
202209 4.123 125.227 4.261
202212 4.199 125.222 4.340
202303 4.203 127.348 4.271
202306 4.149 128.729 4.171
202309 4.199 129.860 4.185
202312 4.390 129.419 4.390
202403 4.353 129.419 4.353

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.


PLDT  (NYSE:PHI) 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.


PLDT Cyclically Adjusted PS Ratio Related Terms

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


PLDT (PHI) Business Description

Traded in Other Exchanges
Address
Makati Avenue, Ramon Cojuangco Building, Metro Manila, Corner Ayala Avenue, Legaspi Village, Makati City, PHL, 1200
PLDT Inc is the telecommunications carrier in the Philippines. The company operates the nation's extensive fixed-line network and holds more than half of the market share in the domestic wireless space. First Pacific, a Hong Kong-based investment and management company specializing in consumer and telecommunication businesses, owns about 26% of PLDT, while two subsidiaries of Nippon Telegraph and Telephone jointly own about 21%.

PLDT (PHI) Headlines

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