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tw telecom (FRA:TWM) Cyclically Adjusted PS Ratio : (As of Jun. 22, 2024)


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What is tw telecom Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


tw telecom Cyclically Adjusted PS Ratio Historical Data

The historical data trend for tw telecom'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.

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tw telecom Cyclically Adjusted PS Ratio Chart

tw telecom Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PS Ratio
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tw telecom Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of tw telecom's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, tw telecom'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.


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

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

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



tw telecom 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.

tw telecom's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2014 is calculated as:

For example, tw telecom's adjusted Revenue per Share data for the three months ended in Jun. 2014 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=2.241/100.5595*100.5595
=2.241

Current CPI (Jun. 2014) = 100.5595.

tw telecom Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200409 1.136 80.121 1.426
200412 1.082 80.290 1.355
200503 1.122 81.555 1.383
200506 1.239 82.062 1.518
200509 1.249 83.876 1.497
200512 1.330 83.032 1.611
200603 1.309 84.298 1.562
200606 1.259 85.606 1.479
200609 1.267 85.606 1.488
200612 1.326 85.142 1.566
200703 1.373 86.640 1.594
200706 1.380 87.906 1.579
200709 1.361 87.964 1.556
200712 1.314 88.616 1.491
200803 1.240 90.090 1.384
200806 1.251 92.320 1.363
200809 1.365 92.307 1.487
200812 1.477 88.697 1.675
200903 1.534 89.744 1.719
200906 1.437 91.003 1.588
200909 1.394 91.120 1.538
200912 1.397 91.111 1.542
201003 1.536 91.821 1.682
201006 1.508 91.962 1.649
201009 1.611 92.162 1.758
201012 1.439 92.474 1.565
201103 1.584 94.283 1.689
201106 1.561 95.235 1.648
201109 1.681 95.727 1.766
201112 1.803 95.213 1.904
201203 1.822 96.783 1.893
201206 1.943 96.819 2.018
201209 1.904 97.633 1.961
201212 1.908 96.871 1.981
201303 1.930 98.209 1.976
201306 1.990 98.518 2.031
201309 2.058 98.790 2.095
201312 2.077 98.326 2.124
201403 2.107 99.695 2.125
201406 2.241 100.560 2.241

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.


tw telecom  (FRA:TWM) 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.


tw telecom Cyclically Adjusted PS Ratio Related Terms

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


tw telecom (FRA:TWM) Business Description

Traded in Other Exchanges
N/A
Address
Tw telecom inc was formed in 1998. The Company together with its wholly-owned subsidiaries provide managed network services, specializing in business Ethernet, data networking, Converged, IP-based virtual private network or "IP VPN", Internet access, voice, including voice over Internet Protocol or "VoIP", and network security services to enterprise organizations, including public sector entities, and carriers throughout the U.S., including global locations. It offers a portfolio of solutions to its customers with predictable and reliable service quality. It designs and deliver scalable and efficient solutions that enable its customers complex and evolving business applications. These solutions emphasize its data networking service offerings, which include an expanding portfolio of business Ethernet data services, managed network services and its converged service offerings comprised of data, Internet, voice, security, remote access and managed routers. It also provides a broad range of traditional services, including a dedicated network service portfolio with private line, special access and private transport services, voice services and secure Internet access. Its customers include enterprise organizations in a wide variety of industry segments, including, among others, the financial services, technology and science, health care, distribution, manufacturing and professional services industries, data centers, cloud application providers, public sector entities, system integrators and communications service providers, including ILECs, CLECs, wireless communications companies and cable companies. Its primary competition is from the ILECs, CLECs and cable companies. The ILECs, primarily AT&T Inc., Verizon Communications, Inc. and CenturyLink Inc., other CLECs and some cable companies offer services substantially similar to some of those it offers and target some of the same customers. The Company is subject to regulation by the Federal Communications Commission ("FCC"), state regulatory authorities and local government agencies.