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Telefonica (Telefonica) Cyclically Adjusted Revenue per Share : $10.52 (As of Dec. 2023)


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What is Telefonica 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's adjusted revenue per share for the three months ended in Dec. 2023 was $1.959. 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 $10.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Telefonica's average Cyclically Adjusted Revenue Growth Rate was -3.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.30% 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 was 13.30% per year. The lowest was -4.30% per year. And the median was 7.10% per year.

As of today (2024-04-28), Telefonica's current stock price is $4.30. Telefonica's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.52. Telefonica's Cyclically Adjusted PS Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telefonica was 1.11. The lowest was 0.25. And the median was 0.62.


Telefonica Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Telefonica Cyclically Adjusted Revenue per Share Chart

Telefonica 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 13.10 13.38 11.96 11.29 10.52

Telefonica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 11.29 10.83 10.97 11.05 10.52

Competitive Comparison of Telefonica's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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 Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.959/121.2698*121.2698
=1.959

Current CPI (Dec. 2023) = 121.2698.

Telefonica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.074 100.139 3.723
201406 3.134 101.081 3.760
201409 3.035 100.441 3.664
201412 4.210 100.251 5.093
201503 2.628 99.474 3.204
201506 3.112 101.138 3.731
201509 3.119 99.559 3.799
201512 3.026 100.268 3.660
201603 2.746 98.638 3.376
201606 2.911 100.333 3.518
201609 2.906 99.737 3.533
201612 2.855 101.842 3.400
201703 2.775 100.896 3.335
201706 2.842 101.848 3.384
201709 2.966 101.524 3.543
201712 3.039 102.975 3.579
201803 2.932 102.122 3.482
201806 2.767 104.165 3.221
201809 2.663 103.818 3.111
201812 2.273 104.193 2.646
201903 2.640 103.488 3.094
201906 2.679 104.612 3.106
201909 2.497 103.905 2.914
201912 1.855 105.015 2.142
202003 2.447 103.469 2.868
202006 2.218 104.254 2.580
202009 2.170 103.521 2.542
202012 2.128 104.456 2.471
202103 2.136 104.857 2.470
202106 1.930 107.102 2.185
202109 1.704 107.669 1.919
202112 1.986 111.298 2.164
202203 1.796 115.153 1.891
202206 1.504 118.044 1.545
202209 1.786 117.221 1.848
202212 1.871 117.650 1.929
202303 1.893 118.948 1.930
202306 1.349 120.278 1.360
202309 1.944 121.343 1.943
202312 1.959 121.270 1.959

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


Telefonica  (OTCPK:TEFOF) 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
=4.30/10.52
=0.41

* 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 1.11. The lowest was 0.25. And the median was 0.62.


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

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


Telefonica (Telefonica) Business Description

Address
Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, ESP, 28050
Telefonica operates mobile and fixed networks in Spain (where it is the incumbent telephone operator), the U.K., Germany, Brazil, and other Latin American countries like Colombia, Mexico, Argentina, and Chile, among others. The company derives more than 30% of its revenue from Spain, close to 20% from Germany and 20% from Brazil. Its U.K. operations are held through a joint venture with Virgin Media. For several years Telefonica has been simplifying its corporate structure by selling noncore assets.

Telefonica (Telefonica) Headlines

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