Swisscom AG (STU:SWJA) Cyclically Adjusted PS Ratio: 2.57 (As of Jul. 11, 2026) — 15% Above Median


STU:SWJA Swisscom AG STU:SWJA
75 GF Score
Price €66.50
GF Value €74.37
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Swisscom AG Cyclically Adjusted PS Ratio?

Swisscom AG STU:SWJA +1.53% 75 Cyclically Adjusted PS Ratio is 2.57 as of Jul. 11, 2026, which is 15% above its 10-year median of 2.23. GuruFocus rates STU:SWJA with a GF Score™ of 75/100 and a GF Value™ of €74.37 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 301 Telecommunication Services companies, Swisscom AG ranks worse than 75.75% on this metric.

As of today (2026-07-11), Swisscom AG's current share price is €66.50. Swisscom AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €25.83. Swisscom AG's Cyclically Adjusted PS Ratio for today is 2.57.

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

STU:SWJA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.9   Med: 2.23   Max: 3.07
Current: 2.58

During the past years, Swisscom AG's highest Cyclically Adjusted PS Ratio was 3.07. The lowest was 1.90. And the median was 2.23.

STU:SWJA's Cyclically Adjusted PS Ratio is ranked worse than
75.75% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs STU:SWJA: 2.58

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.

Swisscom AG's adjusted revenue per share data for the three months ended in Mar. 2026 was €7.649. 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 €25.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swisscom AG  (STU:SWJA) 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.


Swisscom AG Cyclically Adjusted PS Ratio Related Terms


Swisscom AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Swisscom AG'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.

Swisscom AG Cyclically Adjusted PS Ratio Chart

Swisscom AG 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 2.30 2.21 2.19 2.19 2.45

Swisscom AG 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 2.19 2.40 2.46 2.45 2.81

STU:SWJA vs TMUS, VZ, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Swisscom AG'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.


Swisscom AG Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


STU:SWJA
75GF Score
Swisscom AG STU:SWJA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Swisscom AG 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.

Swisscom AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=66.50/25.83
=2.57

* 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.

Swisscom AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Swisscom AG'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)
=7.649/108.0600*108.0600
=7.649

Current CPI (Mar. 2026) = 108.0600.

Swisscom AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.114 100.088 5.521
201609 5.076 99.604 5.507
201612 5.383 99.380 5.853
201703 5.102 100.040 5.511
201706 5.077 100.285 5.471
201709 4.892 100.254 5.273
201712 5.052 100.213 5.448
201803 4.768 100.836 5.110
201806 4.877 101.435 5.196
201809 4.926 101.246 5.258
201812 5.177 100.906 5.544
201903 4.882 101.571 5.194
201906 4.844 102.044 5.130
201909 4.941 101.396 5.266
201912 5.297 101.063 5.664
202003 4.988 101.048 5.334
202006 4.875 100.743 5.229
202009 4.941 100.585 5.308
202012 5.176 100.241 5.580
202103 4.890 100.800 5.242
202106 4.909 101.352 5.234
202109 4.908 101.533 5.224
202112 5.269 101.776 5.594
202203 5.195 103.205 5.439
202206 5.110 104.783 5.270
202209 5.432 104.835 5.599
202212 5.616 104.666 5.798
202303 5.350 106.245 5.441
202306 5.351 106.576 5.426
202309 5.535 106.570 5.612
202312 5.873 106.461 5.961
202403 5.392 107.355 5.427
202406 5.516 107.991 5.520
202409 5.583 107.468 5.614
202412 5.906 107.128 5.957
202503 7.602 107.722 7.626
202506 7.577 108.075 7.576
202509 7.707 107.710 7.732
202512 8.015 107.200 8.079
202603 7.649 108.060 7.649

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 2.57 mean?
Swisscom AG (STU:SWJA) has a Cyclically Adjusted PS Ratio of 2.57 as of Jul. 11, 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 Swisscom AG and its competitors. This is 15% above median its historical median of 2.23. Over the past decade, Swisscom AG's Cyclically Adjusted PS Ratio has ranged from 1.90 to 3.07. According to the industry distribution chart, Swisscom AG ranks #228 out of 301 companies in the Telecommunication Services industry, placing it in the top 75.7%.
Is Swisscom AG's Cyclically Adjusted PS Ratio too high?
Swisscom AG's current Cyclically Adjusted PS Ratio of 2.57 is 15% above median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 3.07. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. Swisscom AG's value of 2.57 is 121.6% above this industry median. Based on the distribution chart, Swisscom AG ranks #228 out of 301 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Swisscom AG has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Swisscom AG's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Swisscom AG ranks #228 out of 301 companies for Cyclically Adjusted PS Ratio. This places Swisscom AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.16. Swisscom AG's value of 2.57 is 121.6% above this benchmark. Historically, Swisscom AG's own Cyclically Adjusted PS Ratio has ranged from 1.90 to 3.07 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.16, Swisscom AG 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 1.16, 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. Swisscom AG's current Cyclically Adjusted PS Ratio of 2.57 is 121.6% 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 Swisscom AG and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swisscom AG's current Cyclically Adjusted PS Ratio is 2.57, which is 15% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swisscom AG stock overvalued right now?
Based on GuruFocus' analysis, Swisscom AG (STU:SWJA) is currently considered Modestly Undervalued. The stock's GF Value™ is €74.37, compared to a current price of €66.50 — trading 10.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.57, which is 15% above median its 10-year median of 2.23 and 121.6% above the Telecommunication Services industry median of 1.16. Swisscom AG's overall GF Score™ is 75/100 with 5 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 Swisscom AG (STU:SWJA), the current Cyclically Adjusted PS Ratio is 2.57 as of Jul. 11, 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 Swisscom AG (STU:SWJA) Overvalued in 2026?

Based on GuruFocus' analysis, Swisscom AG stock appears to be undervalued. The current stock price of €66.50 is trading 10.6% below its estimated GF Value™ of €74.37. GuruFocus considers Swisscom AG to be Modestly Undervalued.

Key valuation signals for STU:SWJA:

  • Cyclically Adjusted PS Ratio: 2.57 (15% above median its 10-year median of 2.23)
  • GF Value™: €74.37 vs. price of €66.50 (10.6% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 121.6% above the Telecommunication Services median (#228 of 301)

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


Swisscom AG Business Description

Address Alte Tiefenaustrasse 6, 3048 Worblaufen, Ittigen, Bern, CHE, 3050
Swisscom is the incumbent telecom operator in Switzerland, with a very high market share in mobile and fixed-line markets. It charges high prices compared with its competitors and other European peers due to the historical stability of the Swiss telecom market and a favorable regulatory environment. In 2024, Swisscom acquired Vodafone Italia in a deal worth EUR 8 billion.
75GF 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.

€66.50
Price
€74.37
GF Value