TIM (BUE:TIMB) Cyclically Adjusted Revenue per Share: ARS15,045.08 (As of Mar. 2026)

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BUE:TIMB TIM SA BUE:TIMB
78 GF Score
Price ARS33,840.00
GF Value ARS31,982.73
Valuation Fairly Valued
! 2 Warning Signs
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What is TIM Cyclically Adjusted Revenue per Share?

TIM BUE:TIMB -0.47% 78 Cyclically Adjusted Revenue per Share is ARS15,045.08 as of Mar. 2026. GuruFocus rates BUE:TIMB with a GF Score™ of 78/100 and a GF Value™ of ARS31,982.73 (Fairly Valued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

TIM's adjusted revenue per share for the three months ended in Mar. 2026 was ARS761.639. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS15,045.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TIM's average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of TIM was 15.10% per year. The lowest was -3.70% per year. And the median was 1.30% per year.

As of today (2026-07-28), TIM's current stock price is ARS33840.00. TIM's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ARS15,045.08. TIM's Cyclically Adjusted PS Ratio of today is 2.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TIM was 2.70. The lowest was 0.68. And the median was 1.30.


TIM  (BUE:TIMB) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

TIM's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33840.00/15045.08
=2.25

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TIM was 2.70. The lowest was 0.68. And the median was 1.30.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


TIM Cyclically Adjusted Revenue per Share Related Terms


TIM Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for TIM's Cyclically Adjusted Revenue per Share 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.

TIM Cyclically Adjusted Revenue per Share Chart

TIM Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,462.01 1,553.56 1,071.17 9,624.34 14,478.95

TIM Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 11,632.83 11,310.20 14,978.09 14,478.95 15,045.08

BUE:TIMB vs VZ, TMUS, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, TIM'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.


TIM Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


BUE:TIMB
78GF Score
TIM SA BUE:TIMB
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TIM Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=761.639/175.0655*175.0655
=761.639

Current CPI (Mar. 2026) = 175.0655.

TIM Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.454 108.851 10.380
201609 7.391 109.986 11.764
201612 7.897 110.802 12.477
201703 8.048 111.869 12.594
201706 8.109 112.115 12.662
201709 9.822 112.777 15.247
201712 10.181 114.068 15.625
201803 10.455 114.868 15.934
201806 11.521 117.038 17.233
201809 15.693 117.881 23.306
201812 17.881 118.340 26.452
201903 17.615 120.124 25.672
201906 20.519 120.977 29.693
201909 24.325 121.292 35.109
201912 27.591 123.436 39.131
202003 22.118 124.092 31.204
202006 21.729 123.557 30.787
202009 24.917 125.095 34.870
202012 30.568 129.012 41.480
202103 28.659 131.660 38.107
202106 34.581 133.871 45.222
202109 34.513 137.913 43.811
202112 35.409 141.992 43.657
202203 42.138 146.537 50.342
202206 54.934 149.784 64.206
202209 53.143 147.800 62.947
202212 76.920 150.207 89.650
202303 88.367 153.352 100.879
202306 120.323 154.519 136.323
202309 179.778 155.464 202.446
202312 190.989 157.148 212.765
202403 425.964 159.372 467.908
202406 429.223 161.052 466.572
202409 437.944 162.342 472.267
202412 453.615 164.740 482.046
202503 488.962 168.102 509.218
202506 579.422 169.670 597.848
202509 703.544 170.739 721.371
202512 767.928 171.765 782.683
202603 761.639 175.066 761.639

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ARS15,045.08 mean?
TIM (BUE:TIMB) has a Cyclically Adjusted Revenue per Share of ARS15,045.08 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on TIM and its competitors.
Is TIM's Cyclically Adjusted Revenue per Share too high?
TIM's current Cyclically Adjusted Revenue per Share is ARS15,045.08. Overall, TIM has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TIM's Cyclically Adjusted Revenue per Share compare to VZ and TMUS?
TIM's Cyclically Adjusted Revenue per Share of ARS15,045.08 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on TIM and its competitors. TIM's current Cyclically Adjusted Revenue per Share is ARS15,045.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TIM stock overvalued right now?
Based on GuruFocus' analysis, TIM (BUE:TIMB) is currently considered Fairly Valued. The stock's GF Value™ is ARS31,982.73, compared to a current price of ARS33,840.00 — trading 5.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ARS15,045.08. TIM's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For TIM (BUE:TIMB), the current Cyclically Adjusted Revenue per Share is ARS15,045.08 as of Mar. 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 TIM (BUE:TIMB) Overvalued in 2026?

Based on GuruFocus' analysis, TIM stock appears to be overvalued. The current stock price of ARS33,840.00 is trading 5.8% above its estimated GF Value™ of ARS31,982.73. GuruFocus considers TIM to be Fairly Valued.

Key valuation signals for BUE:TIMB:

  • Cyclically Adjusted Revenue per Share: ARS15,045.08
  • GF Value™: ARS31,982.73 vs. price of ARS33,840.00 (5.8% above fair value)
  • GF Score™: 78/100 with 2 warning signs

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


TIM Business Description

Address Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057
TIM, which is 67%-owned by Telecom Italia, is the third-largest wireless carrier in Brazil, with 62 million subscribers, equal to about 23% of the market. The firm owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 8 million locations, including 6.5 million with fiber, equal to 10%-15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand, but it has agreed to buy out its joint venture partner in 2026 and will take full ownership of these assets. TIM also resells fiber network access from other providers.
78GF Score

Get the complete analysis for BUE:TIMB

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

ARS33,840.00
Price
ARS31,982.73
GF Value