T-Mobile US (MIL:1TMUS) Cyclically Adjusted PS Ratio: 2.63 (As of Jul. 16, 2026) — 25% Above Median

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MIL:1TMUS T-Mobile US Inc MIL:1TMUS
58 GF Score
Price €166.36
GF Value €200.12
Valuation Modestly Undervalued
! 2 Warning Signs
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What is T-Mobile US Cyclically Adjusted PS Ratio?

T-Mobile US MIL:1TMUS 58 Cyclically Adjusted PS Ratio is 2.63 as of Jul. 16, 2026, which is 25% above its 10-year median of 2.10. GuruFocus rates MIL:1TMUS with a GF Score™ of 58/100 and a GF Value™ of €200.12 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 301 Telecommunication Services companies, T-Mobile US ranks worse than 75.75% on this metric.

As of today (2026-07-16), T-Mobile US's current share price is €166.36. T-Mobile US's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €63.35. T-Mobile US's Cyclically Adjusted PS Ratio for today is 2.63.

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

MIL:1TMUS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 2.1   Max: 4.17
Current: 2.64

During the past years, T-Mobile US's highest Cyclically Adjusted PS Ratio was 4.17. The lowest was 1.03. And the median was 2.10.

MIL:1TMUS's Cyclically Adjusted PS Ratio is ranked worse than
75.75% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.15 vs MIL:1TMUS: 2.64

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.

T-Mobile US's adjusted revenue per share data for the three months ended in Mar. 2026 was €18.137. 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 €63.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


T-Mobile US  (MIL:1TMUS) 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.


T-Mobile US Cyclically Adjusted PS Ratio Related Terms


T-Mobile US Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for T-Mobile US'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.

T-Mobile US Cyclically Adjusted PS Ratio Chart

T-Mobile US 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 2.02 2.39 2.62 3.40 2.93

T-Mobile US Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.02 3.53 3.49 2.93 2.95

MIL:1TMUS vs VZ, T, CMCSA: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, T-Mobile US'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.


T-Mobile US Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where T-Mobile US's Cyclically Adjusted PS Ratio falls into.


MIL:1TMUS
58GF Score
T-Mobile US Inc MIL:1TMUS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T-Mobile US 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.

T-Mobile US's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=166.36/63.35
=2.63

* 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.

T-Mobile US's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, T-Mobile US's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=18.137/330.2130*330.2130
=18.137

Current CPI (Mar. 2026) = 330.2130.

T-Mobile US Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.961 241.018 13.647
201609 9.962 241.428 13.626
201612 11.571 241.432 15.826
201703 10.338 243.801 14.002
201706 10.442 244.955 14.076
201709 9.646 246.819 12.905
201712 10.427 246.524 13.967
201803 9.834 249.554 13.012
201806 10.620 251.989 13.917
201809 10.879 252.439 14.231
201812 11.719 251.233 15.403
201903 11.420 254.202 14.835
201906 11.296 256.143 14.563
201909 11.642 256.759 14.973
201912 12.356 256.974 15.878
202003 11.613 258.115 14.857
202006 12.690 257.797 16.255
202009 13.092 260.280 16.610
202012 13.346 260.474 16.919
202103 13.249 264.877 16.517
202106 13.208 271.696 16.053
202109 13.305 274.310 16.016
202112 14.647 278.802 17.348
202203 14.553 287.504 16.715
202206 14.863 296.311 16.564
202209 15.622 296.808 17.380
202212 15.343 296.797 17.070
202303 14.973 301.836 16.381
202306 14.820 305.109 16.039
202309 15.360 307.789 16.479
202312 15.567 306.746 16.758
202403 15.160 312.332 16.028
202406 15.667 314.175 16.467
202409 15.518 315.301 16.252
202412 18.008 315.605 18.842
202503 16.878 319.799 17.428
202506 16.144 322.561 16.527
202509 16.605 324.800 16.882
202512 18.662 324.054 19.017
202603 18.137 330.213 18.137

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.

What does a Cyclically Adjusted PS Ratio of 2.63 mean?
T-Mobile US (MIL:1TMUS) has a Cyclically Adjusted PS Ratio of 2.63 as of Jul. 16, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on T-Mobile US and its competitors. This is 25% above median its historical median of 2.10. Over the past decade, T-Mobile US's Cyclically Adjusted PS Ratio has ranged from 1.03 to 4.17. According to the industry distribution chart, T-Mobile US ranks #228 out of 301 companies in the Telecommunication Services industry, placing it in the top 75.7%.
Is T-Mobile US's Cyclically Adjusted PS Ratio too high?
T-Mobile US's current Cyclically Adjusted PS Ratio of 2.63 is 25% above median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 4.17. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.15. T-Mobile US's value of 2.63 is 128.7% above this industry median. Based on the distribution chart, T-Mobile US ranks #228 out of 301 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, T-Mobile US has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T-Mobile US's Cyclically Adjusted PS Ratio compare to VZ and T?
According to the Telecommunication Services industry distribution chart, T-Mobile US ranks #228 out of 301 companies for Cyclically Adjusted PS Ratio. This places T-Mobile US in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.15. T-Mobile US's value of 2.63 is 128.7% above this benchmark. Historically, T-Mobile US's own Cyclically Adjusted PS Ratio has ranged from 1.03 to 4.17 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.15, T-Mobile US has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.15, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. T-Mobile US's current Cyclically Adjusted PS Ratio of 2.63 is 128.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on T-Mobile US and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T-Mobile US's current Cyclically Adjusted PS Ratio is 2.63, which is 25% above median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T-Mobile US stock overvalued right now?
Based on GuruFocus' analysis, T-Mobile US (MIL:1TMUS) is currently considered Modestly Undervalued. The stock's GF Value™ is €200.12, compared to a current price of €166.36 — trading 16.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.63, which is 25% above median its 10-year median of 2.10 and 128.7% above the Telecommunication Services industry median of 1.15. T-Mobile US's overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For T-Mobile US (MIL:1TMUS), the current Cyclically Adjusted PS Ratio is 2.63 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is T-Mobile US (MIL:1TMUS) Overvalued in 2026?

Based on GuruFocus' analysis, T-Mobile US stock appears to be undervalued. The current stock price of €166.36 is trading 16.9% below its estimated GF Value™ of €200.12. GuruFocus considers T-Mobile US to be Modestly Undervalued.

Key valuation signals for MIL:1TMUS:

  • Cyclically Adjusted PS Ratio: 2.63 (25% above median its 10-year median of 2.10)
  • GF Value™: €200.12 vs. price of €166.36 (16.9% below fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 128.7% above the Telecommunication Services median (#228 of 301)

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


T-Mobile US Business Description

Address 12920 SE 38th Street, Bellevue, WA, USA, 98006-1350
Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the US. T-Mobile now serves about 86 million postpaid and 26 million prepaid phone customers, equal to around 30% of the US retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves 8 million residential and business customers with its wireless network. It also serves 1 million fiber broadband customers through joint ventures with fiber network owners. T-Mobile owns a stake in these firms, which provide wholesale access to their networks. In addition, T-Mobile provides wholesale services to wireless resellers.
58GF Score

Get the complete analysis for MIL:1TMUS

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

€166.36
Price
€200.12
GF Value