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TPG Telecom (ASX:TPG) Cyclically Adjusted PS Ratio : 1.38 (As of Apr. 27, 2024)


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What is TPG Telecom Cyclically Adjusted PS Ratio?

As of today (2024-04-27), TPG Telecom's current share price is A$4.14. TPG Telecom's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was A$3.00. TPG Telecom's Cyclically Adjusted PS Ratio for today is 1.38.

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

ASX:TPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 4.16   Max: 11.45
Current: 1.39

During the past 13 years, TPG Telecom's highest Cyclically Adjusted PS Ratio was 11.45. The lowest was 1.39. And the median was 4.16.

ASX:TPG's Cyclically Adjusted PS Ratio is ranked worse than
57.68% of 293 companies
in the Telecommunication Services industry
Industry Median: 1.02 vs ASX:TPG: 1.39

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.

TPG Telecom's adjusted revenue per share data of for the fiscal year that ended in Dec23 was A$2.981. 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 A$3.00 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


TPG Telecom Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TPG Telecom'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.

TPG Telecom Cyclically Adjusted PS Ratio Chart

TPG Telecom Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.78 3.42 2.47 1.77 1.73

TPG Telecom Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.47 - 1.77 - 1.73

Competitive Comparison of TPG Telecom's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, TPG Telecom'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.


TPG Telecom's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

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



TPG Telecom 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.

TPG Telecom's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.14/3
=1.38

* 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.

TPG Telecom's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, TPG Telecom's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.981/125.6559*125.6559
=2.981

Current CPI (Dec23) = 125.6559.

TPG Telecom Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201407 1.202 98.816 1.528
201507 1.573 100.302 1.971
201607 2.799 101.602 3.462
201707 2.882 103.460 3.500
201807 2.694 105.410 3.211
201907 2.670 107.174 3.130
202012 3.761 108.846 4.342
202112 2.847 112.654 3.176
202212 2.915 121.477 3.015
202312 2.981 125.656 2.981

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.


TPG Telecom  (ASX:TPG) 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.


TPG Telecom Cyclically Adjusted PS Ratio Related Terms

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


TPG Telecom (ASX:TPG) Business Description

Traded in Other Exchanges
N/A
Address
177 Pacific Highway, Level 1, North Sydney, Sydney, NSW, AUS, 2060
TPG Telecom is Australia's third-largest integrated telecom services company. It offers broadband, telephony, mobile, enterprise communications, and networking solutions catering to all market segments (consumer, small business, corporate and wholesale, government). The group has grown materially since 2008, both via organic growth and acquisitions, and in July 2020 merged with Vodafone Australia. It owns an extensive stable of infrastructure assets.