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Spark New Zealand (STU:NZTA) Cyclically Adjusted PS Ratio : 1.91 (As of May. 14, 2024)


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What is Spark New Zealand Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Spark New Zealand's current share price is €11.90. Spark New Zealand's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was €6.24. Spark New Zealand's Cyclically Adjusted PS Ratio for today is 1.91.

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

STU:NZTA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.61   Max: 2.47
Current: 1.93

During the past 13 years, Spark New Zealand's highest Cyclically Adjusted PS Ratio was 2.47. The lowest was 0.65. And the median was 1.61.

STU:NZTA's Cyclically Adjusted PS Ratio is ranked worse than
70.43% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs STU:NZTA: 1.93

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.

Spark New Zealand's adjusted revenue per share data of for the fiscal year that ended in Jun23 was €5.858. 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 €6.24 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spark New Zealand Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Spark New Zealand'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.

Spark New Zealand Cyclically Adjusted PS Ratio Chart

Spark New Zealand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 2.09 2.24 2.17 2.25

Spark New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 2.17 - 2.25 -

Competitive Comparison of Spark New Zealand's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Spark New Zealand'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.


Spark New Zealand's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

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



Spark New Zealand 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.

Spark New Zealand's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.90/6.24
=1.91

* 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.

Spark New Zealand's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Spark New Zealand's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=5.858/125.8458*125.8458
=5.858

Current CPI (Jun23) = 125.8458.

Spark New Zealand Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.186 99.646 7.813
201506 5.681 100.063 7.145
201606 5.730 100.480 7.177
201706 6.031 102.231 7.424
201806 5.812 103.764 7.049
201906 5.597 105.502 6.676
202006 5.591 107.035 6.574
202106 5.678 110.614 6.460
202206 5.939 118.690 6.297
202306 5.858 125.846 5.858

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.


Spark New Zealand  (STU:NZTA) 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.


Spark New Zealand Cyclically Adjusted PS Ratio Related Terms

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


Spark New Zealand (STU:NZTA) Business Description

Address
167 Victoria Street West, Level 2, Spark City, Private Bag 92028, Auckland, NTL, NZL, 1010
Spark is one of only three integrated telecommunications groups in New Zealand. It is the dominant provider of fixed-line services in the country and effectively equal-number-one player in the mobile telephony market. It also has a commanding presence in the New Zealand corporate and wholesale telecommunications services provision space. Spark's operations are split into mobile, voice, broadband, and digital-related services.

Spark New Zealand (STU:NZTA) Headlines

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