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Telecom Italia SpA (Telecom Italia SpA) Cyclically Adjusted PS Ratio : 0.23 (As of May. 14, 2024)


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What is Telecom Italia SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Telecom Italia SpA's current share price is $2.527. Telecom Italia SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $11.23. Telecom Italia SpA's Cyclically Adjusted PS Ratio for today is 0.23.

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

TIIAY' 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.

TIIAY's Cyclically Adjusted PS Ratio is ranked better than
88.37% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs TIIAY: 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 Sep. 2023 was $2.062. 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 $11.23 for the trailing ten years ended in Sep. 2023.

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 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.47 0.34 0.40 0.19

Telecom Italia SpA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.18 0.19 0.28 0.24 0.27

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
=2.527/11.23
=0.23

* 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 Sep. 2023 is calculated as:

For example, Telecom Italia SpA's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2.062/120.3000*120.3000
=2.062

Current CPI (Sep. 2023) = 120.3000.

Telecom Italia SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 4.117 99.721 4.967
201403 3.691 99.907 4.444
201406 3.779 100.093 4.542
201409 3.623 99.814 4.367
201412 3.542 99.721 4.273
201503 2.805 99.814 3.381
201506 2.930 100.279 3.515
201509 2.769 100.000 3.331
201512 2.700 99.814 3.254
201603 2.284 99.600 2.759
201606 2.539 99.900 3.057
201609 2.807 100.100 3.373
201612 2.547 100.300 3.055
201703 2.446 101.000 2.913
201706 2.642 101.100 3.144
201709 2.776 101.200 3.300
201712 2.870 101.200 3.412
201803 2.742 101.800 3.240
201806 2.621 102.400 3.079
201809 2.584 102.600 3.030
201812 7.708 102.300 9.064
201903 2.398 102.800 2.806
201906 2.426 103.100 2.831
201909 2.315 102.900 2.706
201912 2.400 102.800 2.809
202003 2.079 102.900 2.431
202006 2.028 102.900 2.371
202009 2.166 102.300 2.547
202012 2.381 102.600 2.792
202103 2.094 103.700 2.429
202106 2.168 104.200 2.503
202109 2.107 104.900 2.416
202112 2.115 106.600 2.387
202203 1.889 110.400 2.058
202206 1.947 112.500 2.082
202209 1.851 114.200 1.950
202212 2.124 119.000 2.147
202303 1.939 118.800 1.963
202306 2.039 119.700 2.049
202309 2.062 120.300 2.062

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:TIIAY) 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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