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Vodacom Group (JSE:VOD) Cyclically Adjusted PS Ratio : 1.31 (As of Jun. 18, 2024)


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What is Vodacom Group Cyclically Adjusted PS Ratio?

As of today (2024-06-18), Vodacom Group's current share price is R93.80. Vodacom Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was R71.65. Vodacom Group's Cyclically Adjusted PS Ratio for today is 1.31.

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

JSE:VOD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.22   Max: 3.25
Current: 1.31

During the past 13 years, Vodacom Group's highest Cyclically Adjusted PS Ratio was 3.25. The lowest was 1.23. And the median was 2.22.

JSE:VOD's Cyclically Adjusted PS Ratio is ranked worse than
55.81% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs JSE:VOD: 1.31

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.

Vodacom Group's adjusted revenue per share data of for the fiscal year that ended in Mar24 was R76.443. 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 R71.65 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vodacom Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vodacom Group'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.

Vodacom Group Cyclically Adjusted PS Ratio Chart

Vodacom Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 2.00 2.45 1.77 1.38

Vodacom Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 2.45 - 1.77 - 1.38

Competitive Comparison of Vodacom Group's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Vodacom Group'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.


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

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

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



Vodacom Group 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.

Vodacom Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=93.80/71.65
=1.31

* 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.

Vodacom Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Vodacom Group's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=76.443/155.4180*155.4180
=76.443

Current CPI (Mar24) = 155.4180.

Vodacom Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 50.735 98.538 80.022
201603 54.523 104.969 80.727
201703 53.668 111.400 74.874
201803 53.250 115.542 71.628
201903 50.039 120.774 64.393
202003 52.530 125.679 64.960
202103 56.662 129.628 67.935
202203 58.897 137.594 66.526
202303 65.490 147.586 68.965
202403 76.443 155.418 76.443

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.


Vodacom Group  (JSE:VOD) 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.


Vodacom Group Cyclically Adjusted PS Ratio Related Terms

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


Vodacom Group (JSE:VOD) Business Description

Traded in Other Exchanges
Address
082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685
Vodacom Group Ltd is a telecommunications provider. The company provides fixed-line, broadband, and mobile services. It earns revenue through two main segments: South Africa and international. International includes regions such as Tanzania, Democratic Republic of Congo, Mozambique, and Lesotho; the majority of revenue is sourced from South Africa. Vodacom also has an enterprise service product, whereby telecommunications and managed services are offered to enterprises. The company owns mobile infrastructure.

Vodacom Group (JSE:VOD) Headlines

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