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Comcast (Comcast) Cyclically Adjusted PS Ratio : 1.55 (As of Apr. 27, 2024)


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What is Comcast Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Comcast's current share price is $38.57. Comcast's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $24.86. Comcast's Cyclically Adjusted PS Ratio for today is 1.55.

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

CMCSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.32   Med: 3.03   Max: 3.91
Current: 1.55

During the past years, Comcast's highest Cyclically Adjusted PS Ratio was 3.91. The lowest was 1.32. And the median was 3.03.

CMCSA's Cyclically Adjusted PS Ratio is ranked worse than
62.12% of 293 companies
in the Telecommunication Services industry
Industry Median: 1.02 vs CMCSA: 1.55

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.

Comcast's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.530. 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 $24.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comcast Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Comcast'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.

Comcast Cyclically Adjusted PS Ratio Chart

Comcast 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 2.87 3.02 2.53 1.56 1.79

Comcast 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 1.64 1.75 1.83 1.79 1.74

Competitive Comparison of Comcast's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Comcast'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.


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

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

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



Comcast 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.57/24.86
=1.55

* 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.

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

For example, Comcast'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)
=7.53/129.4194*129.4194
=7.530

Current CPI (Mar. 2024) = 129.4194.

Comcast Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.205 100.560 4.125
201409 3.209 100.428 4.135
201412 3.419 99.070 4.466
201503 3.492 99.621 4.537
201506 3.703 100.684 4.760
201509 3.731 100.392 4.810
201512 3.880 99.792 5.032
201603 3.815 100.470 4.914
201606 3.940 101.688 5.014
201609 4.386 101.861 5.573
201612 4.430 101.863 5.628
201703 4.261 102.862 5.361
201706 4.426 103.349 5.542
201709 4.413 104.136 5.484
201712 4.671 104.011 5.812
201803 4.844 105.290 5.954
201806 4.681 106.317 5.698
201809 4.792 106.507 5.823
201812 6.060 105.998 7.399
201903 5.847 107.251 7.056
201906 5.830 108.070 6.982
201909 5.808 108.329 6.939
201912 6.144 108.420 7.334
202003 5.763 108.902 6.849
202006 5.148 108.767 6.125
202009 5.517 109.815 6.502
202012 5.961 109.897 7.020
202103 5.832 111.754 6.754
202106 6.109 114.631 6.897
202109 6.495 115.734 7.263
202112 6.578 117.630 7.237
202203 6.803 121.301 7.258
202206 6.697 125.017 6.933
202209 6.820 125.227 7.048
202212 7.124 125.222 7.363
202303 7.024 127.348 7.138
202306 7.295 128.729 7.334
202309 7.272 129.860 7.247
202312 7.736 129.419 7.736
202403 7.530 129.419 7.530

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.


Comcast  (NAS:CMCSA) 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.


Comcast Cyclically Adjusted PS Ratio Related Terms

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


Comcast (Comcast) Business Description

Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.
Executives
Jason Armstrong officer: CFO & Treasurer C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Louise F. Brady director 22 SYLVAN WAY, PARSIPPANY NY 07054
Baltimore Thomas J Jr director PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD, 7TH FLOOR, TYSONS VA 22102
Jennifer Khoury officer: Chief Communications Officer C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Kenneth J Bacon director 5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Daniel C. Murdock officer: SVP & Chief Accounting Officer 1500 MARKET STREET, PHILADELPHIA PA 19102
David N Watson officer: Sr. EVP 1100 CASSATT ROAD, BERWYN PA 19312
Brian L Roberts director, officer: Chairman of Board, Pres. & CEO COMCAST CORP, ONE COMCAST CENTER, 1701 JFK BOULEVARD, PHILIDELPHIA PA 19103
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Adam Louis Miller officer: Sr. EVP ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Dana Strong officer: CEO - Sky C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Jeff Shell officer: CEO - NBCUniversal C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Naomi M. Bergman director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Sheldon M Bonovitz director
David L Cohen officer: Executive Vice President