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TPG Telecom (ASX:TPG) Cyclically Adjusted Book per Share : A$4.89 (As of Dec. 2024)


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What is TPG Telecom Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

TPG Telecom's adjusted book value per share data for the fiscal year that ended in Dec. 2024 was A$6.009. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is A$4.89 for the trailing ten years ended in Dec. 2024.

During the past 12 months, TPG Telecom's average Cyclically Adjusted Book Growth Rate was 13.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 24.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 23.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of TPG Telecom was 29.90% per year. The lowest was 9.80% per year. And the median was 19.20% per year.

As of today (2025-05-23), TPG Telecom's current stock price is A$ 5.16. TPG Telecom's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2024 was A$4.89. TPG Telecom's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TPG Telecom was 15.71. The lowest was 0.88. And the median was 4.16.


TPG Telecom Cyclically Adjusted Book per Share Historical Data

The historical data trend for TPG Telecom's Cyclically Adjusted Book per Share 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.

TPG Telecom Cyclically Adjusted Book per Share Chart

TPG Telecom Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 2.89 3.66 4.32 4.89

TPG Telecom Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cyclically Adjusted Book per Share 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 3.66 - 4.32 - 4.89

Competitive Comparison of TPG Telecom's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, TPG Telecom's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


TPG Telecom's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where TPG Telecom's Cyclically Adjusted PB Ratio falls into.


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TPG Telecom Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, TPG Telecom's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2024 was:

Adj_Book=Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=6.009/129.4637*129.4637
=6.009

Current CPI (Dec. 2024) = 129.4637.

TPG Telecom Annual Data

Book Value per Share CPI Adj_Book
201507 1.242 100.302 1.603
201607 2.052 101.602 2.615
201707 2.590 103.460 3.241
201807 2.997 105.410 3.681
201907 3.058 107.174 3.694
202012 6.396 108.846 7.608
202112 6.302 112.654 7.242
202212 6.400 121.477 6.821
202312 6.248 126.399 6.399
202412 6.009 129.464 6.009

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


TPG Telecom  (ASX:TPG) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

TPG Telecom's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.16/4.89
=1.06

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TPG Telecom was 15.71. The lowest was 0.88. And the median was 4.16.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


TPG Telecom Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of TPG Telecom's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


TPG Telecom Business Description

Traded in Other Exchanges
N/A
Address
Level 27, Tower Two, 200 Barangaroo Avenue, International Towers Sydney, Barangaroo, NSW, AUS, 2000
TPG Telecom is Australia's third-biggest integrated telecom services company. It offers mobile, fixed-line broadband and telephony, enterprise communications, and networking solutions. The value-led group caters to all market segments spanning consumer, small business, corporate, wholesale, and government. TPG Telecom has grown substantially since listing on the ASX in 2008, via organic growth and acquisitions, and culminated with the July 2020 Vodafone Hutchison Australia merger, the third-ranked mobile network operator in Australia. It owns an extensive stable of infrastructure assets, including a nationwide mobile network that is upgrading to 5G, Australia's second-largest fixed-line fiber network and submarine cable connecting Sydney to Guam, and onward to the US and Asia.