GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Safaricom PLC (NAI:SCOM) » Definitions » Cyclically Adjusted PS Ratio

Safaricom (NAI:SCOM) Cyclically Adjusted PS Ratio : 2.49 (As of Jun. 08, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Safaricom Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Safaricom's current share price is KES18.35. Safaricom's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was KES7.38. Safaricom's Cyclically Adjusted PS Ratio for today is 2.49.

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

NAI:SCOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.72   Med: 6.35   Max: 8.48
Current: 2.43

During the past 13 years, Safaricom's highest Cyclically Adjusted PS Ratio was 8.48. The lowest was 1.72. And the median was 6.35.

NAI:SCOM's Cyclically Adjusted PS Ratio is ranked worse than
78.67% of 300 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs NAI:SCOM: 2.43

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.

Safaricom's adjusted revenue per share data of for the fiscal year that ended in Mar24 was KES8.621. 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 KES7.38 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Safaricom Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Safaricom'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.

Safaricom Cyclically Adjusted PS Ratio Chart

Safaricom Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 6.92 5.60 2.68 2.41

Safaricom Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 5.60 - 2.68 - 2.41

Competitive Comparison of Safaricom's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Safaricom'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.


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

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

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



Safaricom 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.35/7.38
=2.49

* 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.

Safaricom's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Safaricom's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=8.621/131.7762*131.7762
=8.621

Current CPI (Mar24) = 131.7762.

Safaricom Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 4.077 99.621 5.393
201603 4.884 100.470 6.406
201703 5.313 102.862 6.806
201803 5.796 105.290 7.254
201903 6.235 107.251 7.661
202003 6.547 108.902 7.922
202103 6.577 111.754 7.755
202203 7.429 121.301 8.071
202303 7.645 127.348 7.911
202403 8.621 131.776 8.621

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.


Safaricom  (NAI:SCOM) 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.


Safaricom Cyclically Adjusted PS Ratio Related Terms

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


Safaricom (NAI:SCOM) Business Description

Traded in Other Exchanges
N/A
Address
Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800
Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.

Safaricom (NAI:SCOM) Headlines