Cogeco (TSX:CGO) Cyclically Adjusted PS Ratio: 0.27 (As of Jul. 25, 2026) — 48% Below Median

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TSX:CGO Cogeco Inc TSX:CGO
82 GF Score
Price C$60.26
GF Value C$66.24
Valuation Fairly Valued
! 8 Warning Signs
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What is Cogeco Cyclically Adjusted PS Ratio?

Cogeco TSX:CGO -0.68% 82 Cyclically Adjusted PS Ratio is 0.27 as of Jul. 25, 2026, which is 48% below its 10-year median of 0.52. GuruFocus rates TSX:CGO with a GF Score™ of 82/100 and a GF Value™ of C$66.24 (Fairly Valued). The stock has 8 warning signs investors should review. Among 303 Telecommunication Services companies, Cogeco ranks better than 86.47% on this metric.

As of today (2026-07-25), Cogeco's current share price is C$60.26. Cogeco's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was C$226.66. Cogeco's Cyclically Adjusted PS Ratio for today is 0.27.

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

TSX:CGO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.52   Max: 0.87
Current: 0.27

During the past years, Cogeco's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.25. And the median was 0.52.

TSX:CGO's Cyclically Adjusted PS Ratio is ranked better than
86.47% of 303 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs TSX:CGO: 0.27

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.

Cogeco's adjusted revenue per share data for the three months ended in May. 2026 was C$76.470. 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 C$226.66 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogeco  (TSX:CGO) 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.


Cogeco Cyclically Adjusted PS Ratio Related Terms


Cogeco Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cogeco'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.

Cogeco Cyclically Adjusted PS Ratio Chart

Cogeco Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.38 0.28 0.28 0.29

Cogeco Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.32 0.29 0.30 0.34 0.29

TSX:CGO vs TMUS, VZ, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Cogeco'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.


Cogeco Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


TSX:CGO
82GF Score
Cogeco Inc TSX:CGO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cogeco 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.

Cogeco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.26/226.66
=0.27

* 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.

Cogeco's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, Cogeco's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=76.47/134.0005*134.0005
=76.470

Current CPI (May. 2026) = 134.0005.

Cogeco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 34.201 101.686 45.070
201611 34.660 101.607 45.710
201702 34.966 102.476 45.723
201705 35.957 103.108 46.730
201708 34.771 103.108 45.189
201711 35.389 103.740 45.712
201802 33.578 104.688 42.980
201805 36.291 105.399 46.139
201808 35.996 106.031 45.491
201811 37.116 105.478 47.153
201902 37.183 106.268 46.887
201905 37.972 107.927 47.145
201908 37.810 108.085 46.876
201911 38.400 107.769 47.747
202002 38.011 108.559 46.919
202005 39.109 107.532 48.735
202008 39.015 108.243 48.299
202011 40.415 108.796 49.778
202102 40.827 109.745 49.851
202105 40.584 111.404 48.816
202108 40.950 112.668 48.703
202111 46.584 113.932 54.789
202202 46.778 115.986 54.043
202205 47.665 120.016 53.219
202208 47.273 120.569 52.539
202211 50.085 121.675 55.159
202302 48.223 122.070 52.936
202305 49.481 124.045 53.452
202308 49.138 125.389 52.513
202311 49.761 125.468 53.145
202402 72.098 125.468 77.001
202405 80.602 127.601 84.645
202408 79.777 127.838 83.623
202411 79.287 127.838 83.109
202502 78.113 128.786 81.276
202505 78.661 129.813 81.198
202508 75.844 130.208 78.053
202511 76.209 130.682 78.144
202602 73.936 131.077 75.585
202605 76.470 134.001 76.470

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 0.27 mean?
Cogeco (TSX:CGO) has a Cyclically Adjusted PS Ratio of 0.27 as of Jul. 25, 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 Cogeco and its competitors. This is 48% below median its historical median of 0.52. Over the past decade, Cogeco's Cyclically Adjusted PS Ratio has ranged from 0.25 to 0.87. According to the industry distribution chart, Cogeco ranks #41 out of 303 companies in the Telecommunication Services industry, placing it in the top 13.5%.
Is Cogeco's Cyclically Adjusted PS Ratio too high?
Cogeco's current Cyclically Adjusted PS Ratio of 0.27 is 48% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.87. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. Cogeco's value of 0.27 is 76.7% below this industry median. Based on the distribution chart, Cogeco ranks #41 out of 303 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Cogeco has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Cogeco ranks #41 out of 303 companies for Cyclically Adjusted PS Ratio. This places Cogeco in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.16. Cogeco's value of 0.27 is 76.7% below this benchmark. Historically, Cogeco's own Cyclically Adjusted PS Ratio has ranged from 0.25 to 0.87 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.16, Cogeco has consistently been below 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 303 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. Cogeco's current Cyclically Adjusted PS Ratio of 0.27 is 76.7% below 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 Cogeco 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. Cogeco's current Cyclically Adjusted PS Ratio is 0.27, which is 48% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogeco stock overvalued right now?
Based on GuruFocus' analysis, Cogeco (TSX:CGO) is currently considered Fairly Valued. The stock's GF Value™ is C$66.24, compared to a current price of C$60.26 — trading 9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is 48% below median its 10-year median of 0.52 and 76.7% below the Telecommunication Services industry median of 1.16. Cogeco's overall GF Score™ is 82/100 with 8 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 Cogeco (TSX:CGO), the current Cyclically Adjusted PS Ratio is 0.27 as of Jul. 25, 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 Cogeco (TSX:CGO) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco stock appears to be undervalued. The current stock price of C$60.26 is trading 9% below its estimated GF Value™ of C$66.24. GuruFocus considers Cogeco to be Fairly Valued.

Key valuation signals for TSX:CGO:

  • Cyclically Adjusted PS Ratio: 0.27 (48% below median its 10-year median of 0.52)
  • GF Value™: C$66.24 vs. price of C$60.26 (9% below fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 76.7% below the Telecommunication Services median (#41 of 303)

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


Cogeco Business Description

Other Exchanges CGECF:USA
Address 1 Place Ville Marie, Bureau 3301, Montreal, QC, CAN, H3B 3N2
Cogeco Inc is a telecommunications company. The company has two operating segments: Canadian telecommunications, American telecommunications. The Canadian and American telecommunications segments provide a wide range of Internet, video, and telephony services to residential customers, as well as business services across their coverage areas. Cogeco Connexion carries out the Canadian telecommunications segment activities in the provinces of Quebec and Ontario, and the American telecommunications segment activities are carried out by Atlantic Broadband in 12 states. It derives maximum revenue from Canadian telecommunications segment.
82GF Score

Get the complete analysis for TSX:CGO

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$60.26
Price
C$66.24
GF Value