Lumen Technologies (MIL:1CYTH) Cyclically Adjusted PS Ratio: (As of Aug. 05, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:1CYTH Lumen Technologies Inc MIL:1CYTH
20 GF Score
Price €5.86
GF Value €3.22
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Lumen Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lumen Technologies  (MIL:1CYTH) 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.


Lumen Technologies Cyclically Adjusted PS Ratio Related Terms


Lumen Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lumen Technologies'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.

Lumen Technologies Cyclically Adjusted PS Ratio Chart

Lumen Technologies 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 0.42 0.17 0.06 0.20 0.32

Lumen Technologies 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 0.17 0.25 0.32 0.29 0.00

MIL:1CYTH vs IRDM, LBRDA, TDS: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Lumen Technologies'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.


Lumen Technologies Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


MIL:1CYTH
20GF Score
Lumen Technologies Inc MIL:1CYTH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lumen Technologies 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.

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

For example, Lumen Technologies'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)
=2.425/333.9520*333.9520
=2.425

Current CPI (Jun. 2026) = 333.9520.

Lumen Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.218 241.428 9.984
201612 7.512 241.432 10.391
201703 7.267 243.801 9.954
201706 6.714 244.955 9.153
201709 6.245 246.819 8.450
201712 5.059 246.524 6.853
201803 4.509 249.554 6.034
201806 4.727 251.989 6.265
201809 4.650 252.439 6.151
201812 4.048 251.233 5.381
201903 4.493 254.202 5.903
201906 4.434 256.143 5.781
201909 4.520 256.759 5.879
201912 4.451 256.974 5.784
202003 4.374 258.115 5.659
202006 4.259 257.797 5.517
202009 4.041 260.280 5.185
202012 3.899 260.474 4.999
202103 3.870 264.877 4.879
202106 3.738 271.696 4.595
202109 3.885 274.310 4.730
202112 4.224 278.802 5.060
202203 4.182 287.504 4.858
202206 4.292 296.311 4.837
202209 4.360 296.808 4.906
202212 3.603 296.797 4.054
202303 3.554 301.836 3.932
202306 3.436 305.109 3.761
202309 3.469 307.789 3.764
202312 3.278 306.746 3.569
202403 3.069 312.332 3.281
202406 3.075 314.175 3.269
202409 2.935 315.301 3.109
202412 3.212 315.605 3.399
202503 2.969 319.799 3.100
202506 2.695 322.561 2.790
202509 2.641 324.800 2.715
202512 2.606 324.054 2.686
202603 2.510 330.213 2.538
202606 2.425 333.952 2.425

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 Lumen Technologies (MIL:1CYTH) Overvalued in 2026?

Based on GuruFocus' analysis, Lumen Technologies stock appears to be overvalued. The current stock price of €5.86 is trading 82% above its estimated GF Value™ of €3.22. GuruFocus considers Lumen Technologies to be Significantly Overvalued.

Key valuation signals for MIL:1CYTH:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €3.22 vs. price of €5.86 (82% above fair value)
  • GF Score™: 20/100 with 5 warning signs

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


Lumen Technologies Business Description

Address 100 CenturyLink Drive, Monroe, LA, USA, 71203
Lumen Technologies is one of the largest telecommunications carriers serving global enterprises. The merger with Level 3 in 2017, the 2022 divestiture of much of its local phone business in rural areas, and the 2026 sale of its remaining consumer fiber network to AT&T have shifted the company's operations away from the legacy consumer business and toward enterprise services, which account for about 85%-90% of revenue. Lumen offers businesses a full suite of communications services, providing colocation and data center services, data transportation, phone service, and internet access.
20GF Score

Get the complete analysis for MIL:1CYTH

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

€5.86
Price
€3.22
GF Value