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TIAIY (Telecom Italia SpA) Cyclically Adjusted PS Ratio : 0.39 (As of May. 30, 2025)


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What is Telecom Italia SpA Cyclically Adjusted PS Ratio?

As of today (2025-05-30), Telecom Italia SpA's current share price is $4.61. Telecom Italia SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $11.92. Telecom Italia SpA's Cyclically Adjusted PS Ratio for today is 0.39.

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

TIAIY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.39   Max: 0.85
Current: 0.39

During the past years, Telecom Italia SpA's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.16. And the median was 0.39.

TIAIY's Cyclically Adjusted PS Ratio is ranked better than
78.65% of 281 companies
in the Telecommunication Services industry
Industry Median: 1.17 vs TIAIY: 0.39

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.

Telecom Italia SpA's adjusted revenue per share data for the three months ended in Dec. 2024 was $1.877. 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 $11.92 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telecom Italia SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Telecom Italia SpA'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.

Telecom Italia SpA Cyclically Adjusted PS Ratio Chart

Telecom Italia SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.40 0.19 0.28 0.25

Telecom Italia SpA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.22 0.22 0.25 0.25 -

Competitive Comparison of Telecom Italia SpA's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Telecom Italia SpA'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.


Telecom Italia SpA's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Telecom Italia SpA's Cyclically Adjusted PS Ratio falls into.


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Telecom Italia SpA 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.

Telecom Italia SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.61/11.92
=0.39

* 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.

Telecom Italia SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Telecom Italia SpA's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.877/121.2000*121.2000
=1.877

Current CPI (Dec. 2024) = 121.2000.

Telecom Italia SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 2.805 99.814 3.406
201506 2.930 100.279 3.541
201509 2.769 100.000 3.356
201512 2.700 99.814 3.278
201603 2.284 99.600 2.779
201606 2.539 99.900 3.080
201609 2.807 100.100 3.399
201612 2.547 100.300 3.078
201703 2.446 101.000 2.935
201706 2.642 101.100 3.167
201709 2.776 101.200 3.325
201712 2.870 101.200 3.437
201803 2.742 101.800 3.265
201806 2.621 102.400 3.102
201809 2.584 102.600 3.052
201812 7.708 102.300 9.132
201903 2.398 102.800 2.827
201906 2.426 103.100 2.852
201909 2.315 102.900 2.727
201912 2.400 102.800 2.830
202003 2.079 102.900 2.449
202006 2.028 102.900 2.389
202009 2.166 102.300 2.566
202012 2.381 102.600 2.813
202103 2.094 103.700 2.447
202106 2.168 104.200 2.522
202109 2.107 104.900 2.434
202112 2.115 106.600 2.405
202203 1.889 110.400 2.074
202206 1.947 112.500 2.098
202209 1.851 114.200 1.964
202212 2.124 119.000 2.163
202303 1.939 118.800 1.978
202306 1.532 119.700 1.551
202309 2.062 120.300 2.077
202312 1.986 119.700 2.011
202403 2.010 120.200 2.027
202406 1.585 120.700 1.592
202409 1.863 121.200 1.863
202412 1.877 121.200 1.877

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.


Telecom Italia SpA  (OTCPK:TIAIY) 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.


Telecom Italia SpA Cyclically Adjusted PS Ratio Related Terms

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


Telecom Italia SpA Business Description

Address
Via di Val Cannuta, No. 182, Roma, ITA, 00166
Telecom Italia is the incumbent telecommunications operator in Italy, with 25% share in the Italian mobile market and 35% share in broadband. In the mobile market, it competes with Vodafone, Wind Tre, and Iliad. After the sale of its fixed network to KKR for EUR 18.8 billion, TIM has become a pure service provider. TIM Brazil is significantly smaller than peers Telefonica and America Movil, with 20% wireless market share.