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Telecom Italia SpA (Telecom Italia SpA) Cyclically Adjusted PS Ratio : 0.20 (As of Jun. 21, 2024)


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What is Telecom Italia SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Telecom Italia SpA's current share price is $0.23. Telecom Italia SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.13. Telecom Italia SpA's Cyclically Adjusted PS Ratio for today is 0.20.

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

TIAOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.42   Max: 0.85
Current: 0.21

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 0.42.

TIAOF's Cyclically Adjusted PS Ratio is ranked better than
88.7% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs TIAOF: 0.21

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 Mar. 2024 was $0.201. 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 $1.13 for the trailing ten years ended in Mar. 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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.34 0.40 0.19 0.28

Telecom Italia SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.28 0.24 0.27 0.28 0.21

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.



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
=0.23/1.13
=0.20

* 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 Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.201/120.2000*120.2000
=0.201

Current CPI (Mar. 2024) = 120.2000.

Telecom Italia SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.378 100.093 0.454
201409 0.362 99.814 0.436
201412 0.354 99.721 0.427
201503 0.281 99.814 0.338
201506 0.293 100.279 0.351
201509 0.277 100.000 0.333
201512 0.270 99.814 0.325
201603 0.228 99.600 0.275
201606 0.254 99.900 0.306
201609 0.281 100.100 0.337
201612 0.255 100.300 0.306
201703 0.245 101.000 0.292
201706 0.264 101.100 0.314
201709 0.278 101.200 0.330
201712 0.287 101.200 0.341
201803 0.274 101.800 0.324
201806 0.262 102.400 0.308
201809 0.258 102.600 0.302
201812 0.771 102.300 0.906
201903 0.240 102.800 0.281
201906 0.243 103.100 0.283
201909 0.232 102.900 0.271
201912 0.240 102.800 0.281
202003 0.208 102.900 0.243
202006 0.203 102.900 0.237
202009 0.217 102.300 0.255
202012 0.238 102.600 0.279
202103 0.209 103.700 0.242
202106 0.217 104.200 0.250
202109 0.211 104.900 0.242
202112 0.212 106.600 0.239
202203 0.189 110.400 0.206
202206 0.195 112.500 0.208
202209 0.185 114.200 0.195
202212 0.212 119.000 0.214
202303 0.194 118.800 0.196
202306 0.204 119.700 0.205
202309 0.206 120.300 0.206
202312 0.223 119.700 0.224
202403 0.201 120.200 0.201

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:TIAOF) 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

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Telecom Italia SpA (Telecom Italia SpA) Business Description

Address
Corso D'Italia, 41, Roma, ITA, 00198
Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.

Telecom Italia SpA (Telecom Italia SpA) Headlines

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