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Telstra Group (Telstra Group) Cyclically Adjusted PS Ratio : 1.57 (As of Apr. 29, 2024)


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What is Telstra Group Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Telstra Group's current share price is $12.10. Telstra Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $7.69. Telstra Group's Cyclically Adjusted PS Ratio for today is 1.57.

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

TLGPY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.76   Max: 3.09
Current: 1.55

During the past 13 years, Telstra Group's highest Cyclically Adjusted PS Ratio was 3.09. The lowest was 1.16. And the median was 1.76.

TLGPY's Cyclically Adjusted PS Ratio is ranked worse than
61.74% of 298 companies
in the Telecommunication Services industry
Industry Median: 1 vs TLGPY: 1.55

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.

Telstra Group's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $6.502. 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 $7.69 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telstra Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Telstra Group'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.

Telstra Group Cyclically Adjusted PS Ratio Chart

Telstra Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.42 1.69 1.68 1.83

Telstra Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 - 1.68 - 1.83 -

Competitive Comparison of Telstra Group's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Telstra Group'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.


Telstra Group's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

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



Telstra Group 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.

Telstra Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.10/7.69
=1.57

* 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.

Telstra Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Telstra Group's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=6.502/124.1700*124.1700
=6.502

Current CPI (Jun23) = 124.1700.

Telstra Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.435 98.352 11.912
201506 8.186 99.838 10.181
201606 7.851 100.859 9.666
201706 8.221 102.809 9.929
201806 8.209 104.945 9.713
201906 7.383 106.617 8.598
202006 6.613 106.246 7.729
202106 6.759 110.332 7.607
202206 6.227 117.112 6.602
202306 6.502 124.170 6.502

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.


Telstra Group  (OTCPK:TLGPY) 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.


Telstra Group Cyclically Adjusted PS Ratio Related Terms

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


Telstra Group (Telstra Group) Business Description

Traded in Other Exchanges
Address
242 Exhibition Street, Level 41, Melbourne, VIC, AUS, 3000
Telstra is Australia's biggest telecommunications group, with material market shares in voice, mobile, data and internet, spanning retail, corporate and wholesale segments. Its fixed-line copper network will gradually be wound down as the government-owned National Broadband Network rolls out to all Australian households, but the group will be compensated accordingly. Investments into network applications and services, media, technology and overseas are being made to replace the expected lost fixed-line earnings longer term, while continuing cost-cuts are also critical.