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Nippon Telegraph & Telephone (WBO:NITT) Cyclically Adjusted PS Ratio : 1.05 (As of May. 25, 2024)


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What is Nippon Telegraph & Telephone Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Nippon Telegraph & Telephone's current share price is €0.896. Nippon Telegraph & Telephone's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.85. Nippon Telegraph & Telephone's Cyclically Adjusted PS Ratio for today is 1.05.

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

WBO:NITT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.04   Max: 1.37
Current: 1.1

During the past years, Nippon Telegraph & Telephone's highest Cyclically Adjusted PS Ratio was 1.37. The lowest was 0.63. And the median was 1.04.

WBO:NITT's Cyclically Adjusted PS Ratio is ranked worse than
51.16% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs WBO:NITT: 1.10

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.

Nippon Telegraph & Telephone's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.267. 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 €0.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Telegraph & Telephone Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nippon Telegraph & Telephone'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.

Nippon Telegraph & Telephone Cyclically Adjusted PS Ratio Chart

Nippon Telegraph & Telephone Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.00 1.18 1.22 1.30

Nippon Telegraph & Telephone 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 1.22 1.29 1.31 1.26 1.30

Competitive Comparison of Nippon Telegraph & Telephone's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Nippon Telegraph & Telephone'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.


Nippon Telegraph & Telephone's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Nippon Telegraph & Telephone's Cyclically Adjusted PS Ratio falls into.



Nippon Telegraph & Telephone 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.

Nippon Telegraph & Telephone's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.896/0.85
=1.05

* 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.

Nippon Telegraph & Telephone's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nippon Telegraph & Telephone'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)
=0.267/107.2000*107.2000
=0.267

Current CPI (Mar. 2024) = 107.2000.

Nippon Telegraph & Telephone Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.172 98.000 0.188
201409 0.178 98.500 0.194
201412 0.175 97.900 0.192
201503 0.210 97.900 0.230
201506 0.184 98.400 0.200
201509 0.202 98.500 0.220
201512 0.209 98.100 0.228
201603 0.231 97.900 0.253
201606 0.220 98.100 0.240
201609 0.241 98.000 0.264
201612 0.228 98.400 0.248
201703 0.248 98.100 0.271
201706 0.225 98.500 0.245
201709 0.218 98.800 0.237
201712 0.230 99.400 0.248
201803 0.235 99.200 0.254
201806 0.227 99.200 0.245
201809 0.231 99.900 0.248
201812 0.245 99.700 0.263
201903 0.256 99.700 0.275
201906 0.251 99.800 0.270
201909 0.270 100.100 0.289
201912 0.540 100.500 0.576
202003 0.281 100.300 0.300
202006 0.246 99.900 0.264
202009 0.255 99.900 0.274
202012 0.261 99.300 0.282
202103 0.274 99.900 0.294
202106 0.241 99.500 0.260
202109 0.256 100.100 0.274
202112 0.265 100.100 0.284
202203 0.280 101.100 0.297
202206 0.245 101.800 0.258
202209 0.257 103.100 0.267
202212 0.267 104.100 0.275
202303 0.291 104.400 0.299
202306 0.238 105.200 0.243
202309 0.242 106.200 0.244
202312 0.252 106.800 0.253
202403 0.267 107.200 0.267

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.


Nippon Telegraph & Telephone  (WBO:NITT) 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.


Nippon Telegraph & Telephone Cyclically Adjusted PS Ratio Related Terms

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


Nippon Telegraph & Telephone (WBO:NITT) Business Description

Traded in Other Exchanges
Address
5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, JPN, 100-8116
NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 87.5 million subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 12.1 million traditional fixed-line and 23.5 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and 52.4%-owned NTT Data.

Nippon Telegraph & Telephone (WBO:NITT) Headlines

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