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Telefonica Brasil (BSP:VIVT3) Cyclically Adjusted Revenue per Share : R$36.42 (As of Dec. 2023)


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What is Telefonica Brasil Cyclically Adjusted Revenue per Share?

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 Brasil's adjusted revenue per share for the three months ended in Dec. 2023 was R$8.180. 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 R$36.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Telefonica Brasil's average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.30% 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 Brasil was 5.00% per year. The lowest was -3.50% per year. And the median was 1.15% per year.

As of today (2024-04-28), Telefonica Brasil's current stock price is R$48.00. Telefonica Brasil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$36.42. Telefonica Brasil's Cyclically Adjusted PS Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telefonica Brasil was 1.52. The lowest was 0.69. And the median was 1.08.


Telefonica Brasil Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Telefonica Brasil'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.

* Premium members only.

Telefonica Brasil Cyclically Adjusted Revenue per Share Chart

Telefonica Brasil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.54 36.44 37.10 36.70 36.42

Telefonica Brasil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 36.73 36.70 37.14 36.79 36.42

Competitive Comparison of Telefonica Brasil's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, Telefonica Brasil'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 Brasil's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

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



Telefonica Brasil 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 Brasil'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)
=8.18/156.2729*156.2729
=8.180

Current CPI (Dec. 2023) = 156.2729.

Telefonica Brasil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 7.868 88.522 13.890
201403 7.667 90.447 13.247
201406 7.671 91.838 13.053
201409 7.767 92.602 13.107
201412 7.860 94.194 13.040
201503 7.997 97.799 12.778
201506 6.845 100.006 10.696
201509 6.266 101.392 9.658
201512 6.372 104.247 9.552
201603 6.177 106.979 9.023
201606 6.224 108.851 8.936
201609 6.332 109.986 8.997
201612 6.177 110.802 8.712
201703 6.271 111.869 8.760
201706 6.335 112.115 8.830
201709 6.446 112.777 8.932
201712 6.534 114.068 8.952
201803 6.389 114.868 8.692
201806 6.409 117.038 8.558
201809 6.375 117.881 8.451
201812 6.565 118.340 8.669
201903 6.499 120.124 8.455
201906 6.437 120.977 8.315
201909 6.542 121.292 8.429
201912 6.737 123.436 8.529
202003 6.410 124.092 8.072
202006 6.110 123.557 7.728
202009 6.390 125.095 7.983
202012 6.630 129.012 8.031
202103 6.433 131.660 7.636
202106 6.323 133.871 7.381
202109 6.560 137.913 7.433
202112 6.855 141.992 7.544
202203 6.779 146.537 7.229
202206 7.073 149.784 7.379
202209 7.316 147.800 7.735
202212 7.602 150.207 7.909
202306 7.668 154.519 7.755
202309 7.915 155.464 7.956
202312 8.180 156.273 8.180

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


Telefonica Brasil  (BSP:VIVT3) 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 Brasil's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=48.00/36.42
=1.32

* 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 Brasil was 1.52. The lowest was 0.69. And the median was 1.08.


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 Brasil Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Telefonica Brasil's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Telefonica Brasil (BSP:VIVT3) Business Description

Traded in Other Exchanges
Address
Avenida Engenheiro Luis Carlos Berrini, 1376, 32nd Floor, Sao Paulo, SP, BRA, 04571-936
Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 98 million customers, equal to about 40% market share. The firm is strongest in the postpaid business, where it has 60 million customers, about 42% share of this market. It is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6 million households on this network. Following its parent Telefonica's footsteps, Vivo is cross-selling fixed-line and wireless services as a converged offering. The firm also sells pay-tv services to its fixed-line customers.

Telefonica Brasil (BSP:VIVT3) Headlines

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