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AT&T (CHIX:SOBAD) Cyclically Adjusted PS Ratio : 1.01 (As of May. 06, 2025)


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What is AT&T Cyclically Adjusted PS Ratio?

As of today (2025-05-06), AT&T's current share price is €24.525. AT&T's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €24.17. AT&T's Cyclically Adjusted PS Ratio for today is 1.01.

The historical rank and industry rank for AT&T's Cyclically Adjusted PS Ratio or its related term are showing as below:

CHIX:SOBAd' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.9   Max: 1.38
Current: 1.05

During the past years, AT&T's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.51. And the median was 0.90.

CHIX:SOBAd's Cyclically Adjusted PS Ratio is ranked better than
53.17% of 284 companies
in the Telecommunication Services industry
Industry Median: 1.145 vs CHIX:SOBAd: 1.05

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.

AT&T's adjusted revenue per share data for the three months ended in Mar. 2025 was €3.922. 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 €24.17 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AT&T Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AT&T'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.

AT&T Cyclically Adjusted PS Ratio Chart

AT&T Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.69 0.67 0.62 0.87

AT&T Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.65 0.71 0.83 0.87 1.08

Competitive Comparison of AT&T's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, AT&T'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.


AT&T's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AT&T's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where AT&T's Cyclically Adjusted PS Ratio falls into.


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AT&T 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.

AT&T's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.525/24.17
=1.01

* 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.

AT&T's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, AT&T's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.922/134.9266*134.9266
=3.922

Current CPI (Mar. 2025) = 134.9266.

AT&T Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.635 100.684 7.551
201509 5.861 100.392 7.877
201512 6.241 99.792 8.438
201603 5.881 100.470 7.898
201606 5.821 101.688 7.724
201609 5.887 101.861 7.798
201612 6.415 101.863 8.497
201703 5.950 102.862 7.805
201706 5.733 103.349 7.485
201709 5.384 104.136 6.976
201712 5.698 104.011 7.392
201803 4.992 105.290 6.397
201806 5.236 106.317 6.645
201809 5.355 106.507 6.784
201812 5.752 105.998 7.322
201903 5.403 107.251 6.797
201906 5.411 108.070 6.756
201909 5.504 108.329 6.855
201912 5.739 108.420 7.142
202003 5.367 108.902 6.650
202006 5.072 108.767 6.292
202009 5.011 109.815 6.157
202012 1.681 109.897 2.064
202103 4.933 111.754 5.956
202106 3.964 114.631 4.666
202109 3.547 115.734 4.135
202112 3.650 117.630 4.187
202203 3.570 121.301 3.971
202206 3.684 125.017 3.976
202209 3.968 125.227 4.275
202212 3.928 125.222 4.232
202303 3.766 127.348 3.990
202306 3.846 128.729 4.031
202309 3.958 129.860 4.112
202312 4.083 129.419 4.257
202403 3.841 131.776 3.933
202406 3.846 132.554 3.915
202409 3.777 133.029 3.831
202412 4.269 133.157 4.326
202503 3.922 134.927 3.922

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.


AT&T  (CHIX:SOBAd) 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.


AT&T Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of AT&T's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AT&T Business Description

Address
208 S. Akard Street, Dallas, TX, USA, 75202
The wireless business contributes nearly 70% of AT&T's revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 15% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 23 million customers, but this business only accounts for 4% of revenue. The firm recently agreed to sell its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG.

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