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Rogers Communications (Rogers Communications) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is Rogers Communications Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rogers Communications Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rogers Communications'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.

Rogers Communications Cyclically Adjusted PS Ratio Chart

Rogers Communications 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 2.32 2.10 2.02 2.00 1.85

Rogers Communications 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 1.94 1.84 1.57 1.85 -

Competitive Comparison of Rogers Communications's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Rogers Communications'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.


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

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

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



Rogers Communications 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.

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

For example, Rogers Communications'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)
=6.793/125.4675*125.4675
=6.793

Current CPI (Mar. 2024) = 125.4675.

Rogers Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.737 99.473 7.236
201409 5.713 99.394 7.212
201412 5.646 98.367 7.201
201503 4.867 99.789 6.119
201506 5.334 100.500 6.659
201509 4.934 100.421 6.165
201512 4.869 99.947 6.112
201603 4.746 101.054 5.893
201606 5.183 102.002 6.375
201609 5.153 101.765 6.353
201612 5.090 101.449 6.295
201703 4.872 102.634 5.956
201706 5.277 103.029 6.426
201709 5.044 103.345 6.124
201712 7.578 103.345 9.200
201803 5.444 105.004 6.505
201806 5.546 105.557 6.592
201809 5.604 105.636 6.656
201812 5.691 105.399 6.775
201903 5.199 106.979 6.097
201906 5.534 107.690 6.448
201909 5.527 107.611 6.444
201912 5.884 107.769 6.850
202003 4.836 107.927 5.622
202006 4.601 108.401 5.325
202009 5.475 108.164 6.351
202012 5.678 108.559 6.562
202103 5.484 110.298 6.238
202106 5.793 111.720 6.506
202109 5.718 112.905 6.354
202112 6.051 113.774 6.673
202203 5.638 117.646 6.013
202206 5.958 120.806 6.188
202209 5.546 120.648 5.768
202212 6.061 120.964 6.287
202303 5.528 122.702 5.653
202306 7.166 124.203 7.239
202309 7.114 125.230 7.127
202312 7.503 125.468 7.503
202403 6.793 125.468 6.793

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.


Rogers Communications  (NYSE:RCI) 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.


Rogers Communications Cyclically Adjusted PS Ratio Related Terms

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Rogers Communications (Rogers Communications) Business Description

Traded in Other Exchanges
Address
333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 40% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.