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Cogeco (TSX:CGO) Cyclically Adjusted PS Ratio : 0.27 (As of Jun. 11, 2024)


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What is Cogeco Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Cogeco's current share price is C$49.74. Cogeco's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was C$181.76. Cogeco's Cyclically Adjusted PS Ratio for today is 0.27.

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

TSX:CGO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.62   Max: 0.87
Current: 0.27

During the past years, Cogeco's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.26. And the median was 0.62.

TSX:CGO's Cyclically Adjusted PS Ratio is ranked better than
83.39% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.07 vs TSX:CGO: 0.27

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.

Cogeco's adjusted revenue per share data for the three months ended in Feb. 2024 was C$72.098. 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 C$181.76 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogeco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cogeco'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.

Cogeco Cyclically Adjusted PS Ratio Chart

Cogeco Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.59 0.63 0.38 0.28

Cogeco Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.35 0.31 0.28 0.26 0.32

Competitive Comparison of Cogeco's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Cogeco'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.


Cogeco's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

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

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



Cogeco 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.

Cogeco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.74/181.76
=0.27

* 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.

Cogeco's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Cogeco's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=72.098/125.4675*125.4675
=72.098

Current CPI (Feb. 2024) = 125.4675.

Cogeco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 31.848 99.394 40.202
201408 31.162 99.315 39.368
201411 31.982 99.078 40.500
201502 31.898 99.078 40.394
201505 33.138 100.263 41.468
201508 32.927 100.579 41.075
201511 34.627 100.421 43.263
201602 34.368 100.421 42.940
201605 34.316 101.765 42.309
201608 34.201 101.686 42.200
201611 34.660 101.607 42.799
201702 34.966 102.476 42.811
201705 35.957 103.108 43.755
201708 34.771 103.108 42.311
201711 35.389 103.740 42.801
201802 33.578 104.688 40.243
201805 36.291 105.399 43.201
201808 35.996 106.031 42.594
201811 37.116 105.478 44.150
201902 37.183 106.268 43.901
201905 37.972 107.927 44.143
201908 37.810 108.085 43.891
201911 38.400 107.769 44.706
202002 38.011 108.559 43.931
202005 39.109 107.532 45.632
202008 39.015 108.243 45.223
202011 40.415 108.796 46.608
202102 40.827 109.745 46.676
202105 40.584 111.404 45.707
202108 40.950 112.668 45.602
202111 46.584 113.932 51.301
202202 46.778 115.986 50.602
202205 47.665 120.016 49.830
202208 47.273 120.569 49.194
202211 50.085 121.675 51.646
202302 48.223 122.070 49.565
202305 49.481 124.045 50.048
202308 49.138 125.389 49.169
202311 49.761 125.468 49.761
202402 72.098 125.468 72.098

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.


Cogeco  (TSX:CGO) 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.


Cogeco Cyclically Adjusted PS Ratio Related Terms

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


Cogeco (TSX:CGO) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Bureau 3301, Montreal, QC, CAN, H3B 3N2
Cogeco Inc is a telecommunications company. The company has operating segments, namely Canadian broadband services, American broadband services and Others. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas. The Canadian broadband services activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario and the American broadband services activities are carried out by Atlantic Broadband in 12 states.