GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Emirates Telecommunications Group Co PJSC (ADX:EAND) » Definitions » Cyclically Adjusted PS Ratio

Emirates Telecommunications Group Co PJSC (ADX:EAND) Cyclically Adjusted PS Ratio : 2.33 (As of May. 14, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Emirates Telecommunications Group Co PJSC Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Emirates Telecommunications Group Co PJSC's current share price is د.إ16.54. Emirates Telecommunications Group Co PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was د.إ7.11. Emirates Telecommunications Group Co PJSC's Cyclically Adjusted PS Ratio for today is 2.33.

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

ADX:EAND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.28   Med: 3.19   Max: 5.99
Current: 2.33

During the past years, Emirates Telecommunications Group Co PJSC's highest Cyclically Adjusted PS Ratio was 5.99. The lowest was 2.28. And the median was 3.19.

ADX:EAND's Cyclically Adjusted PS Ratio is ranked worse than
77.41% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs ADX:EAND: 2.33

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.

Emirates Telecommunications Group Co PJSC's adjusted revenue per share data for the three months ended in Mar. 2024 was د.إ1.634. 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 د.إ7.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emirates Telecommunications Group Co PJSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Emirates Telecommunications Group Co PJSC'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.

Emirates Telecommunications Group Co PJSC Cyclically Adjusted PS Ratio Chart

Emirates Telecommunications Group Co PJSC 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 2.98 2.95 5.03 3.35 2.77

Emirates Telecommunications Group Co PJSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.17 3.18 2.88 2.77 2.58

Competitive Comparison of Emirates Telecommunications Group Co PJSC's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Emirates Telecommunications Group Co PJSC'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.


Emirates Telecommunications Group Co PJSC's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Emirates Telecommunications Group Co PJSC's Cyclically Adjusted PS Ratio falls into.



Emirates Telecommunications Group Co PJSC 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.

Emirates Telecommunications Group Co PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.54/7.11
=2.33

* 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.

Emirates Telecommunications Group Co PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Emirates Telecommunications Group Co PJSC's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.634/129.4194*129.4194
=1.634

Current CPI (Mar. 2024) = 129.4194.

Emirates Telecommunications Group Co PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.436 100.560 1.848
201409 1.509 100.428 1.945
201412 1.518 99.070 1.983
201503 1.463 99.621 1.901
201506 1.509 100.684 1.940
201509 1.481 100.392 1.909
201512 1.448 99.792 1.878
201603 1.478 100.470 1.904
201606 1.532 101.688 1.950
201609 1.523 101.861 1.935
201612 1.488 101.863 1.891
201703 1.433 102.862 1.803
201706 1.475 103.349 1.847
201709 1.482 104.136 1.842
201712 1.547 104.011 1.925
201803 1.507 105.290 1.852
201806 1.506 106.317 1.833
201809 1.512 106.507 1.837
201812 1.499 105.998 1.830
201903 1.494 107.251 1.803
201906 1.481 108.070 1.774
201909 1.492 108.329 1.782
201912 1.534 108.420 1.831
202003 1.508 108.902 1.792
202006 1.436 108.767 1.709
202009 1.499 109.815 1.767
202012 1.502 109.897 1.769
202103 1.520 111.754 1.760
202106 1.520 114.631 1.716
202109 1.529 115.734 1.710
202112 1.565 117.630 1.722
202203 1.533 121.301 1.636
202206 1.494 125.017 1.547
202209 1.492 125.227 1.542
202212 1.510 125.222 1.561
202303 1.495 127.348 1.519
202306 1.565 128.729 1.573
202309 1.540 129.860 1.535
202312 1.580 129.419 1.580
202403 1.634 129.419 1.634

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.


Emirates Telecommunications Group Co PJSC  (ADX:EAND) 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.


Emirates Telecommunications Group Co PJSC Cyclically Adjusted PS Ratio Related Terms

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


Emirates Telecommunications Group Co PJSC (ADX:EAND) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Rashid Bin Saeed Al Maktoum Street, P.O. Box 3838, Etisalat Building, Intersection of Zayed The 1st Street, Abu Dhabi, ARE
Emirates Telecommunications Group Co PJSC is a telecommunications company. Through its subsidiaries, the company provides telecommunication and consulting services, media services, and equipment to over 15 countries in Asia and Africa. Etisalat specializes in fixed-line services, voice communication, wireless communication, and data communication services.

Emirates Telecommunications Group Co PJSC (ADX:EAND) Headlines

No Headlines