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Cogeco Communications (TSX:CCA) Cyclically Adjusted PS Ratio : 0.94 (As of Apr. 27, 2024)


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What is Cogeco Communications Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Cogeco Communications's current share price is C$54.29. Cogeco Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was C$57.97. Cogeco Communications's Cyclically Adjusted PS Ratio for today is 0.94.

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

TSX:CCA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.17   Max: 2.94
Current: 0.97

During the past years, Cogeco Communications's highest Cyclically Adjusted PS Ratio was 2.94. The lowest was 0.91. And the median was 2.17.

TSX:CCA's Cyclically Adjusted PS Ratio is ranked better than
51.19% of 293 companies
in the Telecommunication Services industry
Industry Median: 1.02 vs TSX:CCA: 0.97

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.

Cogeco Communications's adjusted revenue per share data for the three months ended in Feb. 2024 was C$17.182. 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 C$57.97 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogeco Communications Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cogeco 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.

Cogeco Communications Cyclically Adjusted PS Ratio Chart

Cogeco Communications Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 2.32 2.51 1.53 1.17

Cogeco Communications Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.28 1.15 1.17 0.91 1.03

Competitive Comparison of Cogeco Communications's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Cogeco 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.


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

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

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



Cogeco 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=54.29/57.97
=0.94

* 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.

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

For example, Cogeco Communications's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=17.182/125.4675*125.4675
=17.182

Current CPI (Feb. 2024) = 125.4675.

Cogeco Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 10.078 99.394 12.722
201408 9.949 99.315 12.569
201411 10.080 99.078 12.765
201502 10.307 99.078 13.052
201505 10.442 100.263 13.067
201508 10.525 100.579 13.129
201511 10.930 100.421 13.656
201602 11.163 100.421 13.947
201605 11.004 101.765 13.567
201608 11.078 101.686 13.669
201611 11.097 101.607 13.703
201702 11.317 102.476 13.856
201705 11.388 103.108 13.858
201708 11.098 103.108 13.505
201711 11.118 103.740 13.447
201802 10.655 104.688 12.770
201805 11.419 105.399 13.593
201808 11.403 106.031 13.493
201811 11.613 105.478 13.814
201902 11.736 106.268 13.856
201905 11.776 107.927 13.690
201908 11.727 108.085 13.613
201911 11.827 107.769 13.769
202002 11.884 108.559 13.735
202005 12.491 107.532 14.574
202008 12.549 108.243 14.546
202011 12.863 108.796 14.834
202102 13.194 109.745 15.084
202105 13.082 111.404 14.733
202108 13.380 112.668 14.900
202111 15.295 113.932 16.844
202202 15.592 115.986 16.867
202205 15.662 120.016 16.373
202208 15.742 120.569 16.382
202211 16.684 121.675 17.204
202302 16.429 122.070 16.886
202305 16.690 124.045 16.881
202308 16.720 125.389 16.731
202311 16.819 125.468 16.819
202402 17.182 125.468 17.182

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.


Cogeco Communications  (TSX:CCA) 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.


Cogeco Communications Cyclically Adjusted PS Ratio Related Terms

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


Cogeco Communications (TSX:CCA) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.

Cogeco Communications (TSX:CCA) Headlines