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Telenor ASA (Telenor ASA) Cyclically Adjusted PS Ratio : (As of May. 01, 2024)


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What is Telenor ASA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Telenor ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Telenor ASA'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.

Telenor ASA Cyclically Adjusted PS Ratio Chart

Telenor ASA 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 1.99 1.78 1.62 1.05 1.32

Telenor ASA 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 1.40 1.22 1.39 1.32 -

Competitive Comparison of Telenor ASA's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Telenor ASA'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.


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

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

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



Telenor ASA 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.

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

For example, Telenor ASA'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)
=1.324/131.9000*131.9000
=1.324

Current CPI (Mar. 2024) = 131.9000.

Telenor ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.819 97.500 3.814
201409 2.899 98.500 3.882
201412 2.786 98.600 3.727
201503 2.624 99.200 3.489
201506 2.676 100.100 3.526
201509 2.562 100.600 3.359
201512 2.563 100.900 3.350
201603 2.471 102.500 3.180
201606 2.480 103.800 3.151
201609 2.539 104.200 3.214
201612 2.545 104.400 3.215
201703 2.164 105.000 2.718
201706 2.206 105.800 2.750
201709 2.337 105.900 2.911
201712 2.306 106.100 2.867
201803 2.345 107.300 2.883
201806 2.295 108.500 2.790
201809 2.279 109.500 2.745
201812 1.883 109.800 2.262
201903 2.117 110.400 2.529
201906 2.151 110.600 2.565
201909 2.185 111.100 2.594
201912 2.470 111.300 2.927
202003 2.122 111.200 2.517
202006 2.156 112.100 2.537
202009 2.212 112.900 2.584
202012 2.409 112.900 2.814
202103 2.311 114.600 2.660
202106 2.299 115.300 2.630
202109 2.265 117.500 2.543
202112 1.216 118.900 1.349
202203 1.489 119.800 1.639
202206 1.391 122.600 1.497
202209 1.328 125.600 1.395
202212 1.505 125.900 1.577
202303 1.306 127.600 1.350
202306 1.318 130.400 1.333
202309 1.323 129.800 1.344
202312 1.521 131.900 1.521
202403 1.324 131.900 1.324

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.


Telenor ASA  (OTCPK:TELNY) 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.


Telenor ASA Cyclically Adjusted PS Ratio Related Terms

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Telenor ASA (Telenor ASA) Business Description

Address
Snaroyveien 30, Fornebu, NOR, N-1360
Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

Telenor ASA (Telenor ASA) Headlines

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