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Swisscom AG (XSWX:SCMN) Cyclically Adjusted PS Ratio : 2.18 (As of Apr. 27, 2024)


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What is Swisscom AG Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Swisscom AG's current share price is CHF505.00. Swisscom AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was CHF231.20. Swisscom AG's Cyclically Adjusted PS Ratio for today is 2.18.

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

XSWX:SCMN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.88   Med: 2.24   Max: 2.74
Current: 2.24

During the past years, Swisscom AG's highest Cyclically Adjusted PS Ratio was 2.74. The lowest was 1.88. And the median was 2.24.

XSWX:SCMN's Cyclically Adjusted PS Ratio is ranked worse than
76.11% of 293 companies
in the Telecommunication Services industry
Industry Median: 1.02 vs XSWX:SCMN: 2.24

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.

Swisscom AG's adjusted revenue per share data for the three months ended in Dec. 2023 was CHF55.392. 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 CHF231.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swisscom AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Swisscom AG'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.

Swisscom AG Cyclically Adjusted PS Ratio Chart

Swisscom AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 2.16 2.30 2.21 2.19

Swisscom AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.21 2.51 2.40 2.35 2.19

Competitive Comparison of Swisscom AG's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Swisscom AG'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.


Swisscom AG's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

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



Swisscom AG 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.

Swisscom AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=505.00/231.2
=2.18

* 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.

Swisscom AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Swisscom AG's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=55.392/106.4611*106.4611
=55.392

Current CPI (Dec. 2023) = 106.4611.

Swisscom AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 54.432 101.224 57.248
201406 55.572 101.517 58.279
201409 56.519 101.247 59.430
201412 59.333 100.704 62.725
201503 55.882 100.339 59.292
201506 55.315 100.464 58.617
201509 55.854 99.785 59.591
201512 58.470 99.386 62.632
201603 55.724 99.475 59.637
201606 55.708 100.088 59.255
201609 55.447 99.604 59.264
201612 57.889 99.380 62.014
201703 54.646 100.040 58.154
201706 55.221 100.285 58.622
201709 56.116 100.254 59.591
201712 59.012 100.213 62.691
201803 55.732 100.836 58.841
201806 56.401 101.435 59.196
201809 55.654 101.246 58.521
201812 58.424 100.906 61.640
201903 55.194 101.571 57.851
201906 54.083 102.044 56.424
201909 53.910 101.396 56.603
201912 57.834 101.063 60.923
202003 52.869 101.048 55.701
202006 52.226 100.743 55.190
202009 53.240 100.585 56.350
202012 55.945 100.241 59.417
202103 54.127 100.800 57.167
202106 53.688 101.352 56.394
202109 53.285 101.533 55.872
202112 54.946 101.776 57.476
202203 53.170 103.205 54.848
202206 52.408 104.783 53.247
202209 52.343 104.835 53.155
202212 55.418 104.666 56.368
202303 53.013 106.245 53.121
202306 52.196 106.576 52.140
202309 53.138 106.570 53.084
202312 55.392 106.461 55.392

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.


Swisscom AG  (XSWX:SCMN) 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.


Swisscom AG Cyclically Adjusted PS Ratio Related Terms

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


Swisscom AG (XSWX:SCMN) Business Description

Traded in Other Exchanges
Address
Alte Tiefenaustrasse 6, 3048 Worblaufen, Ittigen, Bern, CHE, CH-3050
Swisscom is the incumbent telecom operator in Switzerland, with a high market share in mobile and fixed-line markets. It charges high prices compared with its competitors and other European peers due to the historical stability of the Swiss telecom market and a favorable regulatory environment. It also owns Fastweb in Italy, which has a broadband network and operates as a wireless reseller.

Swisscom AG (XSWX:SCMN) Headlines

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