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Telefonica Brasil (BSP:VIVT3) Cyclically Adjusted PS Ratio : 1.29 (As of May. 18, 2024)


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What is Telefonica Brasil Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Telefonica Brasil's current share price is R$46.45. Telefonica Brasil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$35.99. Telefonica Brasil's Cyclically Adjusted PS Ratio for today is 1.29.

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

BSP:VIVT3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.08   Max: 1.54
Current: 1.29

During the past years, Telefonica Brasil's highest Cyclically Adjusted PS Ratio was 1.54. The lowest was 0.69. And the median was 1.08.

BSP:VIVT3's Cyclically Adjusted PS Ratio is ranked worse than
54.85% of 299 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs BSP:VIVT3: 1.29

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 adjusted revenue per share data for the three months ended in Mar. 2024 was R$8.197. 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 R$35.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telefonica Brasil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Telefonica Brasil'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.

Telefonica Brasil Cyclically Adjusted PS Ratio Chart

Telefonica Brasil 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 1.31 1.28 1.31 1.04 1.48

Telefonica Brasil 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 1.05 1.18 1.19 1.48 1.41

Competitive Comparison of Telefonica Brasil's Cyclically Adjusted PS Ratio

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 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.

Telefonica Brasil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.45/35.99
=1.29

* 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.

Telefonica Brasil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Telefonica Brasil'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)
=8.197/159.3724*159.3724
=8.197

Current CPI (Mar. 2024) = 159.3724.

Telefonica Brasil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.671 91.838 13.312
201409 7.767 92.602 13.367
201412 7.860 94.194 13.299
201503 7.997 97.799 13.032
201506 6.845 100.006 10.908
201509 6.266 101.392 9.849
201512 6.372 104.247 9.741
201603 6.177 106.979 9.202
201606 6.224 108.851 9.113
201609 6.332 109.986 9.175
201612 6.177 110.802 8.885
201703 6.271 111.869 8.934
201706 6.335 112.115 9.005
201709 6.446 112.777 9.109
201712 6.534 114.068 9.129
201803 6.389 114.868 8.864
201806 6.409 117.038 8.727
201809 6.375 117.881 8.619
201812 6.565 118.340 8.841
201903 6.499 120.124 8.622
201906 6.437 120.977 8.480
201909 6.542 121.292 8.596
201912 6.737 123.436 8.698
202003 6.410 124.092 8.232
202006 6.110 123.557 7.881
202009 6.390 125.095 8.141
202012 6.630 129.012 8.190
202103 6.433 131.660 7.787
202106 6.323 133.871 7.528
202109 6.560 137.913 7.581
202112 6.855 141.992 7.694
202203 6.779 146.537 7.373
202206 7.073 149.784 7.526
202209 7.316 147.800 7.889
202212 7.602 150.207 8.066
202303 7.653 153.352 7.953
202306 7.668 154.519 7.909
202309 7.915 155.464 8.114
202312 8.180 157.148 8.296
202403 8.197 159.372 8.197

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.


Telefonica Brasil  (BSP:VIVT3) 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.


Telefonica Brasil Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Telefonica Brasil's Cyclically Adjusted PS Ratio 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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