Eltel AB (CHIX:ELTELS) Cyclically Adjusted Book per Share: kr34.11 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:ELTELS Eltel AB CHIX:ELTELS
50 GF Score
Price kr22.58
GF Value kr12.42
! 5 Warning Signs
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What is Eltel AB Cyclically Adjusted Book per Share?

Eltel AB CHIX:ELTELS 50 Cyclically Adjusted Book per Share is kr34.11 as of Jun. 2026. GuruFocus rates CHIX:ELTELS with a GF Score™ of 50/100 and a GF Value™ of kr12.42. The stock has 5 warning signs investors should review.

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.

Eltel AB's adjusted book value per share for the three months ended in Jun. 2026 was kr10.876. 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 kr34.11 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Eltel AB's average Cyclically Adjusted Book Growth Rate was -16.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.40% 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 Eltel AB was -6.40% per year. The lowest was -6.40% per year. And the median was -6.40% per year.

As of today (2026-07-30), Eltel AB's current stock price is kr22.575. Eltel AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr34.11. Eltel AB's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eltel AB was 0.74. The lowest was 0.25. And the median was 0.32.


Eltel AB  (CHIX:ELTELs) 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.

Eltel AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.575/34.11
=0.66

* 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 Eltel AB was 0.74. The lowest was 0.25. And the median was 0.32.


Be Aware

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


Eltel AB Cyclically Adjusted Book per Share Related Terms


Eltel AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Eltel AB'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.

Eltel AB Cyclically Adjusted Book per Share Chart

Eltel AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 66.23 82.08 81.71 49.22

Eltel AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 47.39 52.54 49.22 51.40 34.11

CHIX:ELTELS vs VZ, TMUS, T: Cyclically Adjusted Book per Share Comparison

For the Telecom Services subindustry, Eltel AB'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.


Eltel AB Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


CHIX:ELTELS
50GF Score
Eltel AB CHIX:ELTELS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eltel AB 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, Eltel AB's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=10.876/134.1100*134.1100
=10.876

Current CPI (Jun. 2026) = 134.1100.

Eltel AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.951 101.138 46.346
201612 29.067 102.022 38.209
201703 14.864 102.022 19.539
201706 25.865 102.752 33.758
201709 17.720 103.279 23.010
201712 17.572 103.793 22.705
201803 17.322 103.962 22.345
201806 17.308 104.875 22.133
201809 16.994 105.679 21.566
201812 16.015 105.912 20.279
201903 15.793 105.886 20.003
201906 15.629 106.742 19.636
201909 15.139 107.214 18.937
201912 14.251 107.766 17.735
202003 13.602 106.563 17.118
202006 14.430 107.498 18.002
202009 14.156 107.635 17.638
202012 13.743 108.296 17.019
202103 13.667 108.360 16.915
202106 13.743 108.928 16.920
202109 14.055 110.338 17.083
202112 14.437 112.486 17.212
202203 14.707 114.825 17.177
202206 14.598 118.384 16.537
202209 14.921 122.296 16.362
202212 14.316 126.365 15.193
202303 13.275 127.042 14.014
202306 15.111 129.407 15.660
202309 15.684 130.224 16.152
202312 15.423 131.912 15.680
202403 13.235 132.205 13.426
202406 12.906 132.716 13.042
202409 12.828 132.304 13.003
202412 13.305 132.987 13.417
202503 12.909 132.825 13.034
202506 10.525 133.699 10.557
202509 10.858 133.480 10.909
202512 11.144 133.390 11.204
202603 10.975 133.560 11.020
202606 10.876 134.110 10.876

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

What does a Cyclically Adjusted Book per Share of kr34.11 mean?
Eltel AB (CHIX:ELTELS) has a Cyclically Adjusted Book per Share of kr34.11 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Eltel AB and its competitors.
Is Eltel AB's Cyclically Adjusted Book per Share too high?
Eltel AB's current Cyclically Adjusted Book per Share is kr34.11. Overall, Eltel AB has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Eltel AB's Cyclically Adjusted Book per Share compare to VZ and TMUS?
Eltel AB's Cyclically Adjusted Book per Share of kr34.11 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Telecommunication Services company?
A good Cyclically Adjusted Book per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Eltel AB and its competitors. Eltel AB's current Cyclically Adjusted Book per Share is kr34.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltel AB stock overvalued right now?
Eltel AB (CHIX:ELTELS) has a current Cyclically Adjusted Book per Share of kr34.11. The stock's GF Value™ is kr12.42, compared to a current price of kr22.58 — trading 81.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr34.11. Eltel AB's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Eltel AB (CHIX:ELTELS), the current Cyclically Adjusted Book per Share is kr34.11 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eltel AB (CHIX:ELTELS) Overvalued in 2026?

Based on GuruFocus' analysis, Eltel AB stock appears to be overvalued. The current stock price of kr22.58 is trading 81.8% above its estimated GF Value™ of kr12.42.

Key valuation signals for CHIX:ELTELS:

  • Cyclically Adjusted Book per Share: kr34.11
  • GF Value™: kr12.42 vs. price of kr22.58 (81.8% above fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the CHIX:ELTELS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eltel AB Business Description

Address Adolfsbergsvagen 13, Bromma, Stockholm, SWE, 168 66
Eltel AB provides technical services for infrastructure networks. It operates in two key business areas: Communication and Power. In the Communication business, which derives key revenue, it establishes networks and supports digitalization by providing design, installation, upgrades, and services to mobile and fixed communication networks. In the Power business, it enables the transmission of renewable energy and electrification by providing maintenance and upgrades to power distribution and transmission, smart grids, and turnkey solutions in e-mobility, solar photovoltaic, wind energy, and battery energy storage systems. The company reports its operations in the following geographical segments: Finland (its maximum revenue-generating market), Denmark and Germany, Norway, and Sweden.
50GF Score

Get the complete analysis for CHIX:ELTELS

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr22.58
Price
kr12.42
GF Value