Telefonica (MEX:TEF N) Cyclically Adjusted Revenue per Share: MXN192.62 (As of Jun. 2026)

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MEX:TEF N Telefonica SA MEX:TEF N
57 GF Score
Price MXN75.67
GF Value MXN77.59
! 7 Warning Signs
View Full Analysis

What is Telefonica Cyclically Adjusted Revenue per Share?

Telefonica MEX:TEF N 57 Cyclically Adjusted Revenue per Share is MXN192.62 as of Jun. 2026. GuruFocus rates MEX:TEF N with a GF Score™ of 57/100 and a GF Value™ of MXN77.59. The stock has 7 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.

Telefonica's adjusted revenue per share for the three months ended in Jun. 2026 was MXN29.520. 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 MXN192.62 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Telefonica's average Cyclically Adjusted Revenue Growth Rate was -5.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% 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 Telefonica was 13.50% per year. The lowest was -4.30% per year. And the median was 6.90% per year.

As of today (2026-08-21), Telefonica's current stock price is MXN75.67. Telefonica's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN192.62. Telefonica's Cyclically Adjusted PS Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telefonica was 0.84. The lowest was 0.25. And the median was 0.43.


Telefonica  (MEX:TEF N) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=75.67/192.62
=0.39

* 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 Telefonica was 0.84. The lowest was 0.25. And the median was 0.43.


Be Aware

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


Telefonica Cyclically Adjusted Revenue per Share Related Terms


Telefonica Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Telefonica'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.

Telefonica Cyclically Adjusted Revenue per Share Chart

Telefonica 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 236.81 211.62 191.55 216.49 197.57

Telefonica Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 206.78 199.16 197.57 180.25 192.62

MEX:TEF N vs VZ, TMUS, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, Telefonica'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.


Telefonica Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


MEX:TEF N
57GF Score
Telefonica SA MEX:TEF N
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telefonica 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, Telefonica's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=29.52/131.3300*131.3300
=29.520

Current CPI (Jun. 2026) = 131.3300.

Telefonica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 56.185 99.737 73.983
201612 58.857 101.842 75.899
201703 52.243 100.896 68.001
201706 44.069 101.848 56.826
201709 53.829 101.524 69.633
201712 59.681 102.975 76.115
201803 53.262 102.122 68.496
201806 54.372 104.165 68.552
201809 49.804 103.818 63.002
201812 44.624 104.193 56.246
201903 51.212 103.488 64.990
201906 51.453 104.612 64.594
201909 49.300 103.905 62.312
201912 34.983 105.015 43.749
202003 57.382 103.469 72.833
202006 51.186 104.254 64.479
202009 47.930 103.521 60.806
202012 38.856 104.456 48.853
202103 43.661 104.857 54.684
202106 38.413 107.102 47.102
202109 35.045 107.669 42.746
202112 40.739 111.298 48.072
202203 35.768 115.153 40.793
202206 30.260 118.044 33.666
202209 35.924 117.221 40.248
202212 36.476 117.650 40.717
202303 34.117 118.948 37.669
202306 23.133 120.278 25.259
202309 33.869 121.343 36.657
202312 33.260 121.300 36.010
202403 30.414 122.762 32.537
202406 22.698 124.409 23.961
202409 35.314 123.121 37.669
202412 30.699 124.753 32.317
202503 36.179 125.531 37.850
202506 26.545 127.251 27.396
202509 34.215 126.840 35.426
202512 30.402 128.400 31.096
202603 30.114 129.860 30.455
202606 29.520 131.330 29.520

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 MXN192.62 mean?
Telefonica (MEX:TEF N) has a Cyclically Adjusted Revenue per Share of MXN192.62 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Telefonica and its competitors.
Is Telefonica's Cyclically Adjusted Revenue per Share too high?
Telefonica's current Cyclically Adjusted Revenue per Share is MXN192.62. Overall, Telefonica has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Telefonica's Cyclically Adjusted Revenue per Share compare to VZ and TMUS?
Telefonica's Cyclically Adjusted Revenue per Share of MXN192.62 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 Telefonica and its competitors. Telefonica's current Cyclically Adjusted Revenue per Share is MXN192.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonica stock overvalued right now?
Telefonica (MEX:TEF N) has a current Cyclically Adjusted Revenue per Share of MXN192.62. The stock's GF Value™ is MXN77.59, compared to a current price of MXN75.67 — trading 2.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN192.62. Telefonica's overall GF Score™ is 57/100 with 7 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 Telefonica (MEX:TEF N), the current Cyclically Adjusted Revenue per Share is MXN192.62 as of Jun. 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 Telefonica (MEX:TEF N) Overvalued in 2026?

Based on GuruFocus' analysis, Telefonica stock appears to be undervalued. The current stock price of MXN75.67 is trading 2.5% below its estimated GF Value™ of MXN77.59.

Key valuation signals for MEX:TEF N:

  • Cyclically Adjusted Revenue per Share: MXN192.62
  • GF Value™: MXN77.59 vs. price of MXN75.67 (2.5% below fair value)
  • GF Score™: 57/100 with 7 warning signs

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


Telefonica Business Description

Address Ronda de la Comunicacion, s/n, Central Building Auditorium, Telefonica District, Madrid, ESP, 28050
Telefonica is a telecommunications operator with presence in Spain (where it is the incumbent operator), the UK, Germany, Brazil, and Latin American countries. The company derives more than 30% of its revenue from Spain, close to 20% from Germany, and 20% from Brazil. Its UK operations are held through a joint venture with Virgin Media. For several years, Telefonica has been simplifying its corporate structure by selling noncore assets.
57GF Score

Get the complete analysis for MEX:TEF N

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

MXN75.67
Price
MXN77.59
GF Value