Telefonica Brasil (BUE:VIV) Cyclically Adjusted PS Ratio: 1.58 (As of Jul. 30, 2026) — 55% Above Median

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BUE:VIV Telefonica Brasil SA BUE:VIV
71 GF Score
Price ARS20,310.00
GF Value ARS20,066.58
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Telefonica Brasil Cyclically Adjusted PS Ratio?

Telefonica Brasil BUE:VIV -2.68% 71 Cyclically Adjusted PS Ratio is 1.58 as of Jul. 30, 2026, which is 55% above its 10-year median of 1.02. GuruFocus rates BUE:VIV with a GF Score™ of 71/100 and a GF Value™ of ARS20,066.58 (Fairly Valued). The stock has 3 warning signs investors should review. Among 301 Telecommunication Services companies, Telefonica Brasil ranks worse than 57.48% on this metric.

As of today (2026-07-30), Telefonica Brasil's current share price is ARS20310.00. Telefonica Brasil's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS12,824.65. Telefonica Brasil's Cyclically Adjusted PS Ratio for today is 1.58.

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

BUE:VIV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.02   Max: 2.09
Current: 1.53

During the past years, Telefonica Brasil's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.73. And the median was 1.02.

BUE:VIV's Cyclically Adjusted PS Ratio is ranked worse than
57.48% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.2 vs BUE:VIV: 1.53

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.

Telefonica Brasil's adjusted revenue per share data for the three months ended in Jun. 2026 was ARS1,418.855. 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 ARS12,824.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telefonica Brasil  (BUE:VIV) 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.


Telefonica Brasil Cyclically Adjusted PS Ratio Related Terms


Telefonica Brasil Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Telefonica Brasil'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.

Telefonica Brasil Cyclically Adjusted PS Ratio Chart

Telefonica Brasil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.89 1.28 1.14 1.60

Telefonica Brasil Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.49 1.64 1.60 1.96 1.60

BUE:VIV vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Telefonica Brasil'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.


Telefonica Brasil Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


BUE:VIV
71GF Score
Telefonica Brasil SA BUE:VIV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telefonica Brasil 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.

Telefonica Brasil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20310.00/12824.65
=1.58

* 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.

Telefonica Brasil's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Telefonica Brasil's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1418.855/177.2608*177.2608
=1,418.855

Current CPI (Jun. 2026) = 177.2608.

Telefonica Brasil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 14.518 109.986 23.398
201612 21.835 110.802 34.932
201703 15.457 111.869 24.492
201706 15.847 112.115 25.055
201709 18.031 112.777 28.341
201712 28.317 114.068 44.004
201803 19.630 114.868 30.292
201806 31.701 117.038 48.013
201809 42.698 117.881 64.206
201812 47.666 118.340 71.398
201903 33.073 120.124 48.804
201906 55.781 120.977 81.732
201909 66.416 121.292 97.063
201912 73.373 123.436 105.367
202003 60.898 124.092 86.991
202006 60.290 123.557 86.495
202009 65.704 125.095 93.103
202012 52.438 129.012 72.049
202103 51.417 131.660 69.225
202106 59.562 133.871 78.867
202109 60.750 137.913 78.083
202112 61.209 141.992 76.412
202203 73.076 146.537 88.397
202206 84.300 149.784 99.764
202209 96.939 147.800 116.262
202212 121.487 150.207 143.368
202303 145.135 153.352 167.762
202306 189.588 154.519 217.491
202309 280.427 155.464 319.745
202312 301.707 157.148 340.321
202403 689.373 159.372 766.750
202406 690.455 161.052 759.947
202409 737.970 162.342 805.786
202412 741.972 164.740 798.363
202503 821.041 168.102 865.776
202506 979.741 169.670 1,023.574
202509 1,181.099 170.739 1,226.213
202512 1,299.658 171.765 1,341.240
202603 1,293.264 175.066 1,309.481
202606 1,418.855 177.261 1,418.855

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.

What does a Cyclically Adjusted PS Ratio of 1.58 mean?
Telefonica Brasil (BUE:VIV) has a Cyclically Adjusted PS Ratio of 1.58 as of Jul. 30, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Telefonica Brasil and its competitors. This is 55% above median its historical median of 1.02. Over the past decade, Telefonica Brasil's Cyclically Adjusted PS Ratio has ranged from 0.73 to 2.09. According to the industry distribution chart, Telefonica Brasil ranks #173 out of 301 companies in the Telecommunication Services industry, placing it in the top 57.5%.
Is Telefonica Brasil's Cyclically Adjusted PS Ratio too high?
Telefonica Brasil's current Cyclically Adjusted PS Ratio of 1.58 is 55% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.09. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.20. Telefonica Brasil's value of 1.58 is 31.7% above this industry median. Based on the distribution chart, Telefonica Brasil ranks #173 out of 301 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telefonica Brasil has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telefonica Brasil's Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telefonica Brasil ranks #173 out of 301 companies for Cyclically Adjusted PS Ratio. This places Telefonica Brasil in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.20. Telefonica Brasil's value of 1.58 is 31.7% above this benchmark. Historically, Telefonica Brasil's own Cyclically Adjusted PS Ratio has ranged from 0.73 to 2.09 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.20, Telefonica Brasil has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.20, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telefonica Brasil's current Cyclically Adjusted PS Ratio of 1.58 is 31.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Telefonica Brasil and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telefonica Brasil's current Cyclically Adjusted PS Ratio is 1.58, which is 55% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonica Brasil stock overvalued right now?
Based on GuruFocus' analysis, Telefonica Brasil (BUE:VIV) is currently considered Fairly Valued. The stock's GF Value™ is ARS20,066.58, compared to a current price of ARS20,310.00 — trading 1.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.58, which is 55% above median its 10-year median of 1.02 and 31.7% above the Telecommunication Services industry median of 1.20. Telefonica Brasil's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Telefonica Brasil (BUE:VIV), the current Cyclically Adjusted PS Ratio is 1.58 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Telefonica Brasil (BUE:VIV) Overvalued in 2026?

Based on GuruFocus' analysis, Telefonica Brasil stock appears to be overvalued. The current stock price of ARS20,310.00 is trading 1.2% above its estimated GF Value™ of ARS20,066.58. GuruFocus considers Telefonica Brasil to be Fairly Valued.

Key valuation signals for BUE:VIV:

  • Cyclically Adjusted PS Ratio: 1.58 (55% above median its 10-year median of 1.02)
  • GF Value™: ARS20,066.58 vs. price of ARS20,310.00 (1.2% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 31.7% above the Telecommunication Services median (#173 of 301)

No single metric tells the full story. See the BUE:VIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telefonica Brasil Business Description

Address Avenida Engenheiro Luis Carlos Berrini, 1376, 32nd Floor, Sao Paulo, SP, BRA, 04571-936
Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 103 million customers, which is equal to about 38% market share. The firm is strongest in the postpaid business, where it has 72 million customers, or about 40% share of this market. Wireless services and equipment contribute about 70% of total revenue. Vivo is the incumbent fixed-line telephone operator in Sao Paulo state and also owns an extensive fiber network across the country. The firm provides internet access to 8 million households on this network. The firm also sells pay-TV and phone services to its fixed-line customers. Finally, corporate data and IT services, including cloud computing support, contribute about 10% of total revenue.
71GF Score

Get the complete analysis for BUE:VIV

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS20,310.00
Price
ARS20,066.58
GF Value