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Telia Company AB (CHIX:TELIAS) Cyclically Adjusted Book per Share : kr23.00 (As of Mar. 2025)


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What is Telia Company AB 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.

Telia Company AB's adjusted book value per share for the three months ended in Mar. 2025 was kr14.203. 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 kr23.00 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Telia Company AB's average Cyclically Adjusted Book Growth Rate was -7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.20% 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 Telia Company AB was 1.80% per year. The lowest was -2.20% per year. And the median was -0.65% per year.

As of today (2025-06-16), Telia Company AB's current stock price is kr35.385. Telia Company AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr23.00. Telia Company AB's Cyclically Adjusted PB Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Telia Company AB was 1.72. The lowest was 0.81. And the median was 1.45.


Telia Company AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Telia Company 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.

* Premium members only.

Telia Company AB Cyclically Adjusted Book per Share Chart

Telia Company AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.72 24.24 26.73 24.83 24.87

Telia Company AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 24.91 24.68 24.66 24.87 23.00

Competitive Comparison of Telia Company AB's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Telia Company 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.


Telia Company AB's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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


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Telia Company 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, Telia Company AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=14.203/132.8245*132.8245
=14.203

Current CPI (Mar. 2025) = 132.8245.

Telia Company AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 24.153 99.995 32.083
201509 23.971 100.228 31.767
201512 22.606 100.276 29.944
201603 23.024 100.751 30.353
201606 20.862 101.019 27.430
201609 19.187 101.138 25.198
201612 21.014 102.022 27.359
201703 21.951 102.022 28.579
201706 20.481 102.752 26.475
201709 21.241 103.279 27.318
201712 23.380 103.793 29.920
201803 24.994 103.962 31.933
201806 23.098 104.875 29.254
201809 22.982 105.679 28.885
201812 23.019 105.912 28.868
201903 23.991 105.886 30.095
201906 21.827 106.742 27.161
201909 22.201 107.214 27.504
201912 22.041 107.766 27.166
202003 22.287 106.563 27.779
202006 18.661 107.498 23.058
202009 19.188 107.635 23.678
202012 15.253 108.296 18.708
202103 16.977 108.360 20.810
202106 16.837 108.928 20.531
202109 17.367 110.338 20.906
202112 19.740 112.486 23.309
202203 20.836 114.825 24.102
202206 21.636 118.384 24.275
202209 21.638 122.296 23.501
202212 16.337 126.365 17.172
202303 16.314 127.042 17.057
202306 14.905 129.407 15.299
202309 15.402 130.224 15.710
202312 13.598 131.912 13.692
202403 14.313 132.205 14.380
202406 13.467 132.716 13.478
202409 13.587 132.304 13.640
202412 14.099 132.987 14.082
202503 14.203 132.825 14.203

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


Telia Company AB  (CHIX:TELIAs) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.385/23.00
=1.54

* 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 Telia Company AB was 1.72. The lowest was 0.81. And the median was 1.45.


Be Aware

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


Telia Company AB Cyclically Adjusted Book per Share Related Terms

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


Telia Company AB Business Description

Address
Stjarntorget 1, Solna, Stockholm, SWE, 169 79
Telia is the incumbent telecom operator in Sweden. The firm is also present in Norway, Finland, and the Baltic countries. In the past five years, Telia has been narrowing its business focus, divesting businesses in Asia and focusing on its core markets.

Telia Company AB Headlines

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