Comcast (MIL:1CMCSA) Cyclically Adjusted PS Ratio: (As of Jul. 24, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1CMCSA Comcast Corp MIL:1CMCSA
53 GF Score
Price €19.99
GF Value €37.45
Valuation Possible Value Trap
! 2 Warning Signs
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What is Comcast Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Comcast  (MIL:1CMCSA) 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.


Comcast Cyclically Adjusted PS Ratio Related Terms


Comcast Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Comcast'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.

Comcast Cyclically Adjusted PS Ratio Chart

Comcast 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 2.37 1.46 1.67 1.32 0.98

Comcast 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 1.20 1.04 0.98 0.97 0.00

MIL:1CMCSA vs ECHO, CHTR, TIGO: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Comcast'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.


Comcast Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


MIL:1CMCSA
53GF Score
Comcast Corp MIL:1CMCSA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Comcast 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.

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

For example, Comcast'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)
=7.28/333.9520*333.9520
=7.280

Current CPI (Jun. 2026) = 333.9520.

Comcast Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.908 241.428 5.406
201612 4.200 241.432 5.809
201703 3.984 243.801 5.457
201706 3.939 244.955 5.370
201709 3.703 246.819 5.010
201712 3.947 246.524 5.347
201803 3.928 249.554 5.256
201806 4.007 251.989 5.310
201809 4.107 252.439 5.433
201812 5.327 251.233 7.081
201903 5.174 254.202 6.797
201906 5.159 256.143 6.726
201909 5.274 256.759 6.860
201912 5.530 256.974 7.187
202003 5.216 258.115 6.749
202006 4.571 257.797 5.921
202009 4.684 260.280 6.010
202012 4.900 260.474 6.282
202103 4.899 264.877 6.177
202106 5.070 271.696 6.232
202109 5.521 274.310 6.721
202112 5.821 278.802 6.972
202203 6.178 287.504 7.176
202206 6.335 296.311 7.140
202209 6.888 296.808 7.750
202212 6.725 296.797 7.567
202303 6.561 301.836 7.259
202306 6.733 305.109 7.369
202309 6.814 307.789 7.393
202312 7.094 306.746 7.723
202403 6.927 312.332 7.406
202406 7.036 314.175 7.479
202409 7.447 315.301 7.888
202412 7.933 315.605 8.394
202503 7.306 319.799 7.629
202506 7.052 322.561 7.301
202509 7.205 324.800 7.408
202512 7.587 324.054 7.819
202603 7.523 330.213 7.608
202606 7.280 333.952 7.280

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.

Is Comcast (MIL:1CMCSA) Overvalued in 2026?

Based on GuruFocus' analysis, Comcast stock appears to be undervalued. The current stock price of €19.99 is trading 46.6% below its estimated GF Value™ of €37.45. GuruFocus considers Comcast to be Possible Value Trap.

Key valuation signals for MIL:1CMCSA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €37.45 vs. price of €19.99 (46.6% below fair value)
  • GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the MIL:1CMCSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comcast Business Description

Address One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks that provide television, internet access, and phone services to 65 million US homes and businesses, or nearly half of the country. The firm provides services to about half the locations in this territory. Comcast acquired NBCUniversal from General Electric in 2011. Following the spinoff of several cable networks, including CNBC, MSNBC, and USA, NBCU now consists of the NBC network, several local NBC affiliates, Bravo, the Peacock streaming platform, Universal Studios, and several theme parks. Finally, Sky, acquired in 2018, is a large television provider in the UK and Italy.
53GF Score

Get the complete analysis for MIL:1CMCSA

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

€19.99
Price
€37.45
GF Value