RCIAF (Rogers Communications) Cyclically Adjusted PS Ratio: 1.34 (As of Sep. 13, 2026) — 35% Below Median

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RCIAF Rogers Communications Inc RCIAF
73 GF Score
Price $38.15
GF Value $41.81
Valuation Fairly Valued
! 8 Warning Signs
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What is Rogers Communications Cyclically Adjusted PS Ratio?

Rogers Communications RCIAF 73 Cyclically Adjusted PS Ratio is 1.34 as of Sep. 13, 2026, which is 35% below its 10-year median of 2.05. GuruFocus rates RCIAF with a GF Score™ of 73/100 and a GF Value™ of $41.81 (Fairly Valued). The stock has 8 warning signs investors should review. Among 309 Telecommunication Services companies, Rogers Communications ranks worse than 54.05% on this metric.

As of today (2026-09-13), Rogers Communications's current share price is $38.15. Rogers Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $28.44. Rogers Communications's Cyclically Adjusted PS Ratio for today is 1.34.

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

RCIAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.05   Max: 2.79
Current: 1.34

During the past years, Rogers Communications's highest Cyclically Adjusted PS Ratio was 2.79. The lowest was 0.96. And the median was 2.05.

RCIAF's Cyclically Adjusted PS Ratio is ranked worse than
54.05% of 309 companies
in the Telecommunication Services industry
Industry Median: 1.18 vs RCIAF: 1.34

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.

Rogers Communications's adjusted revenue per share data for the three months ended in Jun. 2026 was $7.409. 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 $28.44 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rogers Communications  (OTCPK:RCIAF) 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.


Rogers Communications Cyclically Adjusted PS Ratio Related Terms


Rogers Communications Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Rogers Communications'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.

Rogers Communications Cyclically Adjusted PS Ratio Chart

Rogers Communications 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 2.00 1.86 1.28 1.44

Rogers Communications 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 1.14 1.34 1.44 1.45 1.24

RCIAF vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Rogers Communications'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.


Rogers Communications Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


RCIAF
73GF Score
Rogers Communications Inc RCIAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Rogers Communications 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.

Rogers Communications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.15/28.44
=1.34

* 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.

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

For example, Rogers Communications'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)
=7.409/133.5265*133.5265
=7.409

Current CPI (Jun. 2026) = 133.5265.

Rogers Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.153 101.765 6.761
201612 5.090 101.449 6.699
201703 4.872 102.634 6.338
201706 5.277 103.029 6.839
201709 5.044 103.345 6.517
201712 7.578 103.345 9.791
201803 5.444 105.004 6.923
201806 5.546 105.557 7.016
201809 5.604 105.636 7.084
201812 5.691 105.399 7.210
201903 5.199 106.979 6.489
201906 5.534 107.690 6.862
201909 5.527 107.611 6.858
201912 5.884 107.769 7.290
202003 4.836 107.927 5.983
202006 4.601 108.401 5.667
202009 5.475 108.164 6.759
202012 5.678 108.559 6.984
202103 5.484 110.298 6.639
202106 5.793 111.720 6.924
202109 5.718 112.905 6.762
202112 6.051 113.774 7.102
202203 5.638 117.646 6.399
202206 5.958 120.806 6.585
202209 5.546 120.648 6.138
202212 6.061 120.964 6.690
202303 5.528 122.702 6.016
202306 7.166 124.203 7.704
202309 7.114 125.230 7.585
202312 7.503 125.072 8.010
202403 6.793 126.258 7.184
202406 6.959 127.522 7.287
202409 7.064 127.285 7.410
202412 7.151 127.364 7.497
202503 6.431 129.181 6.647
202506 7.054 129.892 7.251
202509 7.133 130.287 7.310
202512 8.224 130.366 8.423
202603 7.358 132.262 7.428
202606 7.409 133.527 7.409

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 1.34 mean?
Rogers Communications (RCIAF) has a Cyclically Adjusted PS Ratio of 1.34 as of Sep. 13, 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 Rogers Communications and its competitors. This is 35% below median its historical median of 2.05. Over the past decade, Rogers Communications' Cyclically Adjusted PS Ratio has ranged from 0.96 to 2.79. According to the industry distribution chart, Rogers Communications ranks #167 out of 309 companies in the Telecommunication Services industry, placing it in the top 54%.
Is Rogers Communications' Cyclically Adjusted PS Ratio too high?
Rogers Communications' current Cyclically Adjusted PS Ratio of 1.34 is 35% below median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.79. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.18. Rogers Communications' value of 1.34 is 13.6% above this industry median. Based on the distribution chart, Rogers Communications ranks #167 out of 309 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Rogers Communications has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Rogers Communications ranks #167 out of 309 companies for Cyclically Adjusted PS Ratio. This places Rogers Communications in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.18. Rogers Communications' value of 1.34 is 13.6% above this benchmark. Historically, Rogers Communications' own Cyclically Adjusted PS Ratio has ranged from 0.96 to 2.79 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 1.18, Rogers Communications 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 1.18, based on 309 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. Rogers Communications's current Cyclically Adjusted PS Ratio of 1.34 is 13.6% 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 Rogers Communications and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rogers Communications's current Cyclically Adjusted PS Ratio is 1.34, which is 35% below median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rogers Communications stock overvalued right now?
Based on GuruFocus' analysis, Rogers Communications (RCIAF) is currently considered Fairly Valued. The stock's GF Value™ is $41.81, compared to a current price of $38.15 — trading 8.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.34, which is 35% below median its 10-year median of 2.05 and 13.6% above the Telecommunication Services industry median of 1.18. Rogers Communications' overall GF Score™ is 73/100 with 8 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 Rogers Communications (RCIAF), the current Cyclically Adjusted PS Ratio is 1.34 as of Sep. 13, 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 Rogers Communications (RCIAF) Overvalued in 2026?

Based on GuruFocus' analysis, Rogers Communications stock appears to be undervalued. The current stock price of $38.15 is trading 8.8% below its estimated GF Value™ of $41.81. GuruFocus considers Rogers Communications to be Fairly Valued.

Key valuation signals for RCIAF:

  • Cyclically Adjusted PS Ratio: 1.34 (35% below median its 10-year median of 2.05)
  • GF Value™: $41.81 vs. price of $38.15 (8.8% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 13.6% above the Telecommunication Services median (#167 of 309)

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


Rogers Communications Business Description

Address 333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada with more than 11 million subscribers, equating to one-third of the total Canadian market. Rogers' wireless business accounts for more than half of total revenue and has been growing at a higher rate than other segments. The cable segment, which provides about 38% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and major Toronto sports franchises, including the Blue Jays, Maple Leafs, Raptors, Toronto FC, and Argonauts.
73GF Score

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

$38.15
Price
$41.81
GF Value