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Tele2 AB (Tele2 AB) Cyclically Adjusted PS Ratio : 1.90 (As of Apr. 27, 2024)


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What is Tele2 AB Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Tele2 AB's current share price is $4.77. Tele2 AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.51. Tele2 AB's Cyclically Adjusted PS Ratio for today is 1.90.

The historical rank and industry rank for Tele2 AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

TLTZY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.55   Max: 2.78
Current: 1.94

During the past years, Tele2 AB's highest Cyclically Adjusted PS Ratio was 2.78. The lowest was 0.51. And the median was 1.55.

TLTZY's Cyclically Adjusted PS Ratio is ranked worse than
70.31% of 293 companies
in the Telecommunication Services industry
Industry Median: 1.02 vs TLTZY: 1.94

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.

Tele2 AB's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.493. 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 $2.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tele2 AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tele2 AB'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.

Tele2 AB Cyclically Adjusted PS Ratio Chart

Tele2 AB 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 2.17 1.91 2.43 1.53 1.60

Tele2 AB 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 1.88 1.62 1.53 1.60 1.64

Competitive Comparison of Tele2 AB's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Tele2 AB'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.


Tele2 AB's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tele2 AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tele2 AB's Cyclically Adjusted PS Ratio falls into.



Tele2 AB 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.

Tele2 AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.77/2.51
=1.90

* 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.

Tele2 AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tele2 AB'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)
=0.493/130.9575*130.9575
=0.493

Current CPI (Mar. 2024) = 130.9575.

Tele2 AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.019 100.432 1.329
201409 0.993 100.161 1.298
201412 0.966 100.225 1.262
201503 0.818 99.950 1.072
201506 0.858 99.995 1.124
201509 0.867 100.228 1.133
201512 0.792 100.276 1.034
201603 0.850 100.751 1.105
201606 0.892 101.019 1.156
201609 0.873 101.138 1.130
201612 0.223 102.022 0.286
201703 0.659 102.022 0.846
201706 0.725 102.752 0.924
201709 0.747 103.279 0.947
201712 0.384 103.793 0.485
201803 0.653 103.962 0.823
201806 0.572 104.875 0.714
201809 0.556 105.679 0.689
201812 0.595 105.912 0.736
201903 0.525 105.886 0.649
201906 0.523 106.742 0.642
201909 0.510 107.214 0.623
201912 0.523 107.766 0.636
202003 0.484 106.563 0.595
202006 0.507 107.498 0.618
202009 0.535 107.635 0.651
202012 0.598 108.296 0.723
202103 0.553 108.360 0.668
202106 0.564 108.928 0.678
202109 0.555 110.338 0.659
202112 0.557 112.486 0.648
202203 0.508 114.825 0.579
202206 0.489 118.384 0.541
202209 0.467 122.296 0.500
202212 0.516 126.365 0.535
202303 0.481 127.042 0.496
202306 0.477 129.407 0.483
202309 0.470 130.224 0.473
202312 0.538 130.958 0.538
202403 0.493 130.958 0.493

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.


Tele2 AB  (OTCPK:TLTZY) 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.


Tele2 AB Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Tele2 AB's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tele2 AB (Tele2 AB) Business Description

Address
Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.