Tele2 AB (CHIX:TEL2BS) Cyclically Adjusted Book per Share: kr0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:TEL2BS Tele2 AB CHIX:TEL2BS
67 GF Score
Price kr168.78
GF Value kr113.21
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tele2 AB Cyclically Adjusted Book per Share?

Tele2 AB CHIX:TEL2BS 67 Cyclically Adjusted Book per Share is kr0.00 as of Jun. 2026. GuruFocus rates CHIX:TEL2BS with a GF Score™ of 67/100 and a GF Value™ of kr113.21 (Significantly Overvalued). The stock has 2 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.

Tele2 AB's adjusted book value per share for the three months ended in Jun. 2026 was kr32.551. 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 kr0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Tele2 AB's average Cyclically Adjusted Book Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.70% 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 Tele2 AB was 3.10% per year. The lowest was -13.30% per year. And the median was -2.45% per year.

As of today (2026-07-16), Tele2 AB's current stock price is kr168.775. Tele2 AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr0.00. Tele2 AB's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tele2 AB was 4.29. The lowest was 1.28. And the median was 2.33.


Tele2 AB  (CHIX:TEL2Bs) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tele2 AB was 4.29. The lowest was 1.28. And the median was 2.33.


Be Aware

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


Tele2 AB Cyclically Adjusted Book per Share Related Terms


Tele2 AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tele2 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.

Tele2 AB Cyclically Adjusted Book per Share Chart

Tele2 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 48.02 53.00 51.54 51.59 44.09

Tele2 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 47.31 46.46 44.09 44.81 0.00

CHIX:TEL2BS vs TMUS, VZ, T: Cyclically Adjusted Book per Share Comparison

For the Telecom Services subindustry, Tele2 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.


Tele2 AB Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


CHIX:TEL2BS
67GF Score
Tele2 AB CHIX:TEL2BS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tele2 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, Tele2 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)
=32.551/134.1100*134.1100
=32.551

Current CPI (Jun. 2026) = 134.1100.

Tele2 AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 33.456 101.138 44.363
201612 37.370 102.022 49.124
201703 37.810 102.022 49.702
201706 33.227 102.752 43.367
201709 33.710 103.279 43.773
201712 34.303 103.793 44.323
201803 36.242 103.962 46.752
201806 33.350 104.875 42.647
201809 33.857 105.679 42.966
201812 52.888 105.912 66.969
201903 54.439 105.886 68.950
201906 53.858 106.742 67.667
201909 49.622 107.214 62.070
201912 50.594 107.766 62.962
202003 53.398 106.563 67.202
202006 48.409 107.498 60.393
202009 46.810 107.635 58.324
202012 47.560 108.296 58.897
202103 49.192 108.360 60.882
202106 42.121 108.928 51.859
202109 43.790 110.338 53.224
202112 45.139 112.486 53.816
202203 48.946 114.825 57.166
202206 30.674 118.384 34.749
202209 32.298 122.296 35.418
202212 34.273 126.365 36.374
202303 35.677 127.042 37.662
202306 30.393 129.407 31.498
202309 31.894 130.224 32.846
202312 32.937 131.912 33.486
202403 34.455 132.205 34.951
202406 28.838 132.716 29.141
202409 30.349 132.304 30.763
202412 31.914 132.987 32.183
202503 33.074 132.825 33.394
202506 28.427 133.699 28.514
202509 30.339 133.480 30.482
202512 32.106 133.390 32.279
202603 41.501 133.560 41.672
202606 32.551 134.110 32.551

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 kr0.00 mean?
Tele2 AB (CHIX:TEL2BS) has a Cyclically Adjusted Book per Share of kr0.00 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 Tele2 AB and its competitors.
Is Tele2 AB's Cyclically Adjusted Book per Share too high?
Tele2 AB's current Cyclically Adjusted Book per Share is kr0.00. Overall, Tele2 AB has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tele2 AB's Cyclically Adjusted Book per Share compare to TMUS and VZ?
Tele2 AB's Cyclically Adjusted Book per Share of kr0.00 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 Tele2 AB and its competitors. Tele2 AB's current Cyclically Adjusted Book per Share is kr0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tele2 AB stock overvalued right now?
Based on GuruFocus' analysis, Tele2 AB (CHIX:TEL2BS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr113.21, compared to a current price of kr168.78 — trading 49.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr0.00. Tele2 AB's overall GF Score™ is 67/100 with 2 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 Tele2 AB (CHIX:TEL2BS), the current Cyclically Adjusted Book per Share is kr0.00 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 Tele2 AB (CHIX:TEL2BS) Overvalued in 2026?

Based on GuruFocus' analysis, Tele2 AB stock appears to be overvalued. The current stock price of kr168.78 is trading 49.1% above its estimated GF Value™ of kr113.21. GuruFocus considers Tele2 AB to be Significantly Overvalued.

Key valuation signals for CHIX:TEL2BS:

  • Cyclically Adjusted Book per Share: kr0.00
  • GF Value™: kr113.21 vs. price of kr168.78 (49.1% above fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the CHIX:TEL2BS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tele2 AB Business Description

Address Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 164 40
Tele2 is the second-largest 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. Tele2 is a well-managed firm, showing good cost discipline and a healthy dividend policy, which we expect will remain.
67GF Score

Get the complete analysis for CHIX:TEL2BS

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

kr168.78
Price
kr113.21
GF Value