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Etihad Etisalat Co JSC (SAU:7020) Cyclically Adjusted PS Ratio : 2.29 (As of Jun. 06, 2024)


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What is Etihad Etisalat Co JSC Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Etihad Etisalat Co JSC's current share price is ﷼49.50. Etihad Etisalat Co JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ﷼21.63. Etihad Etisalat Co JSC's Cyclically Adjusted PS Ratio for today is 2.29.

The historical rank and industry rank for Etihad Etisalat Co JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

SAU:7020' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.61   Max: 2.6
Current: 2.27

During the past years, Etihad Etisalat Co JSC's highest Cyclically Adjusted PS Ratio was 2.60. The lowest was 1.27. And the median was 1.61.

SAU:7020's Cyclically Adjusted PS Ratio is ranked worse than
78% of 300 companies
in the Telecommunication Services industry
Industry Median: 1.035 vs SAU:7020: 2.27

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.

Etihad Etisalat Co JSC's adjusted revenue per share data for the three months ended in Mar. 2024 was ﷼5.903. 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 ﷼21.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Etihad Etisalat Co JSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Etihad Etisalat Co JSC'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.

Etihad Etisalat Co JSC Cyclically Adjusted PS Ratio Chart

Etihad Etisalat Co JSC 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 - 1.29 1.37 1.56 2.28

Etihad Etisalat Co JSC 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 1.85 2.18 2.03 2.28 2.42

Competitive Comparison of Etihad Etisalat Co JSC's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Etihad Etisalat Co JSC'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.


Etihad Etisalat Co JSC's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Etihad Etisalat Co JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Etihad Etisalat Co JSC's Cyclically Adjusted PS Ratio falls into.



Etihad Etisalat Co JSC 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.

Etihad Etisalat Co JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.50/21.63
=2.29

* 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.

Etihad Etisalat Co JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Etihad Etisalat Co JSC'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)
=5.903/131.7762*131.7762
=5.903

Current CPI (Mar. 2024) = 131.7762.

Etihad Etisalat Co JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.634 100.560 6.073
201409 5.013 100.428 6.578
201412 3.536 99.070 4.703
201503 4.779 99.621 6.322
201506 4.619 100.684 6.045
201509 4.805 100.392 6.307
201512 4.529 99.792 5.981
201603 4.468 100.470 5.860
201606 4.271 101.688 5.535
201609 3.808 101.861 4.926
201612 3.777 101.863 4.886
201703 3.721 102.862 4.767
201706 3.706 103.349 4.725
201709 3.699 104.136 4.681
201712 3.671 104.011 4.651
201803 3.679 105.290 4.604
201806 3.682 106.317 4.564
201809 3.865 106.507 4.782
201812 4.106 105.998 5.105
201903 4.157 107.251 5.108
201906 4.326 108.070 5.275
201909 4.420 108.329 5.377
201912 4.564 108.420 5.547
202003 4.675 108.902 5.657
202006 4.622 108.767 5.600
202009 4.357 109.815 5.228
202012 4.588 109.897 5.501
202103 4.679 111.754 5.517
202106 4.841 114.631 5.565
202109 4.683 115.734 5.332
202112 5.062 117.630 5.671
202203 4.949 121.301 5.376
202206 5.063 125.017 5.337
202209 4.971 125.227 5.231
202212 5.429 125.222 5.713
202303 5.285 127.348 5.469
202306 5.517 128.729 5.648
202309 5.325 129.860 5.404
202312 5.667 129.419 5.770
202403 5.903 131.776 5.903

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.


Etihad Etisalat Co JSC  (SAU:7020) 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.


Etihad Etisalat Co JSC Cyclically Adjusted PS Ratio Related Terms

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


Etihad Etisalat Co JSC (SAU:7020) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 23088, Riyadh, SAU, 11321
Etihad Etisalat Co JSC operates in the telecom sector. The company also manages, installs and operates telephone networks, terminals, and telecommunication unit systems, as well as to sell and maintain mobile phones and telecommunication units in the Kingdom of Saudi Arabia. The company provides integrated services for three main sectors; individuals, businesses, and carriers. All of the company's operations are principally conducted in the Kingdom of Saudi Arabia.

Etihad Etisalat Co JSC (SAU:7020) Headlines

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