GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telefonica Brasil SA (BUE:VIV) » Definitions » Cyclically Adjusted Revenue per Share

Telefonica Brasil (BUE:VIV) Cyclically Adjusted Revenue per Share : ARS7,753.50 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Telefonica Brasil 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 Brasil's adjusted revenue per share for the three months ended in Mar. 2024 was ARS1,386.736. 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 ARS7,753.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Telefonica Brasil's average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% 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 Brasil was 5.00% per year. The lowest was -3.50% per year. And the median was 0.10% per year.

As of today (2024-06-10), Telefonica Brasil's current stock price is ARS10923.00. Telefonica Brasil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS7,753.50. Telefonica Brasil's Cyclically Adjusted PS Ratio of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telefonica Brasil was 1.54. The lowest was 0.69. And the median was 1.08.


Telefonica Brasil Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Telefonica Brasil'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 Brasil Cyclically Adjusted Revenue per Share Chart

Telefonica Brasil 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 - 1,001.12 1,326.42 2,336.93 7,146.41

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 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 2,918.96 3,832.39 5,829.54 7,146.41 7,753.50

Competitive Comparison of Telefonica Brasil's Cyclically Adjusted Revenue per Share

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 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 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)
=1386.736/159.3724*159.3724
=1,386.736

Current CPI (Mar. 2024) = 159.3724.

Telefonica Brasil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 27.874 91.838 48.372
201409 27.968 92.602 48.134
201412 25.440 94.194 43.044
201503 22.453 97.799 36.589
201506 19.987 100.006 31.852
201509 15.093 101.392 23.724
201512 21.252 104.247 32.490
201603 24.395 106.979 36.343
201606 25.415 108.851 37.211
201609 29.035 109.986 42.072
201612 29.196 110.802 41.994
201703 30.914 111.869 44.041
201706 31.694 112.115 45.053
201709 36.062 112.777 50.961
201712 37.864 114.068 52.903
201803 39.259 114.868 54.469
201806 42.389 117.038 57.722
201809 57.094 117.881 77.190
201812 63.737 118.340 85.837
201903 66.145 120.124 87.757
201906 74.589 120.977 98.262
201909 88.808 121.292 116.690
201912 98.112 123.436 126.675
202003 81.430 124.092 104.582
202006 80.617 123.557 103.985
202009 87.857 125.095 111.931
202012 104.877 129.012 129.557
202103 102.834 131.660 124.479
202106 119.124 133.871 141.817
202109 121.499 137.913 140.404
202112 122.419 141.992 137.403
202203 146.261 146.537 159.072
202206 168.601 149.784 179.394
202209 193.879 147.800 209.060
202212 242.974 150.207 257.800
202303 290.269 153.352 301.664
202306 379.175 154.519 391.085
202309 560.854 155.464 574.956
202312 602.652 157.148 611.182
202403 1,386.736 159.372 1,386.736

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


Telefonica Brasil  (BUE:VIV) 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 Brasil's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10923.00/7753.5
=1.41

* 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 Brasil was 1.54. The lowest was 0.69. And the median was 1.08.


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 Brasil Cyclically Adjusted Revenue per Share Related Terms

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


Telefonica Brasil (BUE:VIV) 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 (BUE:VIV) Headlines