Swisscom AG (LTS:0QKI) Cyclically Adjusted Book per Share: CHF200.09 (As of Jun. 2026)

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LTS:0QKI Swisscom AG LTS:0QKI
74 GF Score
Price CHF641.50
GF Value CHF694.15
Valuation Fairly Valued
! 4 Warning Signs
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What is Swisscom AG Cyclically Adjusted Book per Share?

Swisscom AG LTS:0QKI +1.54% 74 Cyclically Adjusted Book per Share is CHF200.09 as of Jun. 2026. GuruFocus rates LTS:0QKI with a GF Score™ of 74/100 and a GF Value™ of CHF694.15 (Fairly Valued). The stock has 4 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.

Swisscom AG's adjusted book value per share for the three months ended in Jun. 2026 was CHF222.347. 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 CHF200.09 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Swisscom AG's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Swisscom AG was 10.40% per year. The lowest was -4.60% per year. And the median was 3.90% per year.

As of today (2026-08-26), Swisscom AG's current stock price is CHF641.50. Swisscom AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CHF200.09. Swisscom AG's Cyclically Adjusted PB Ratio of today is 3.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Swisscom AG was 5.07. The lowest was 2.85. And the median was 4.00.


Swisscom AG  (LTS:0QKI) 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.

Swisscom AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=641.50/200.09
=3.21

* 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 Swisscom AG was 5.07. The lowest was 2.85. And the median was 4.00.


Be Aware

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


Swisscom AG Cyclically Adjusted Book per Share Related Terms


Swisscom AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Swisscom AG'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.

Swisscom AG Cyclically Adjusted Book per Share Chart

Swisscom AG 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 132.28 149.40 162.80 174.79 187.74

Swisscom AG 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 184.26 185.93 187.74 192.20 200.09

LTS:0QKI vs VZ, TMUS, T: Cyclically Adjusted Book per Share Comparison

For the Telecom Services subindustry, Swisscom AG'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.


Swisscom AG Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


LTS:0QKI
74GF Score
Swisscom AG LTS:0QKI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swisscom AG 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, Swisscom AG'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)
=222.347/108.5600*108.5600
=222.347

Current CPI (Jun. 2026) = 108.5600.

Swisscom AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 87.777 99.604 95.669
201612 125.753 99.380 137.370
201703 133.108 100.040 144.444
201706 126.211 100.285 136.625
201709 138.180 100.254 149.629
201712 147.794 100.213 160.104
201803 162.349 100.836 174.786
201806 148.604 101.435 159.042
201809 160.785 101.246 172.401
201812 158.739 100.906 170.780
201903 161.905 101.571 173.046
201906 152.272 102.044 161.995
201909 154.183 101.396 165.077
201912 171.268 101.063 183.973
202003 174.781 101.048 187.775
202006 159.048 100.743 171.389
202009 166.403 100.585 179.597
202012 183.198 100.241 198.402
202103 201.942 100.800 217.489
202106 194.162 101.352 207.970
202109 203.428 101.533 217.508
202112 208.699 101.776 222.611
202203 217.347 103.205 228.624
202206 201.112 104.783 208.362
202209 207.764 104.835 215.147
202212 215.590 104.666 223.610
202303 225.706 106.245 230.625
202306 210.880 106.576 214.807
202309 219.104 106.570 223.196
202312 224.277 106.461 228.698
202403 235.126 107.355 237.765
202406 223.466 107.991 224.644
202409 229.837 107.468 232.173
202412 234.624 107.128 237.760
202503 243.195 107.722 245.086
202506 223.814 108.075 224.818
202509 231.111 107.710 232.935
202512 236.265 107.200 239.262
202603 215.416 108.060 216.413
202606 222.347 108.560 222.347

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 CHF200.09 mean?
Swisscom AG (LTS:0QKI) has a Cyclically Adjusted Book per Share of CHF200.09 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 Swisscom AG and its competitors.
Is Swisscom AG's Cyclically Adjusted Book per Share too high?
Swisscom AG's current Cyclically Adjusted Book per Share is CHF200.09. Overall, Swisscom AG has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Swisscom AG's Cyclically Adjusted Book per Share compare to VZ and TMUS?
Swisscom AG's Cyclically Adjusted Book per Share of CHF200.09 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 Swisscom AG and its competitors. Swisscom AG's current Cyclically Adjusted Book per Share is CHF200.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swisscom AG stock overvalued right now?
Based on GuruFocus' analysis, Swisscom AG (LTS:0QKI) is currently considered Fairly Valued. The stock's GF Value™ is CHF694.15, compared to a current price of CHF641.50 — trading 7.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is CHF200.09. Swisscom AG's overall GF Score™ is 74/100 with 4 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 Swisscom AG (LTS:0QKI), the current Cyclically Adjusted Book per Share is CHF200.09 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 Swisscom AG (LTS:0QKI) Overvalued in 2026?

Based on GuruFocus' analysis, Swisscom AG stock appears to be undervalued. The current stock price of CHF641.50 is trading 7.6% below its estimated GF Value™ of CHF694.15. GuruFocus considers Swisscom AG to be Fairly Valued.

Key valuation signals for LTS:0QKI:

  • Cyclically Adjusted Book per Share: CHF200.09
  • GF Value™: CHF694.15 vs. price of CHF641.50 (7.6% below fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the LTS:0QKI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Swisscom AG Business Description

Address Alte Tiefenaustrasse 6, 3048 Worblaufen, Ittigen, Bern, CHE, 3050
Swisscom is the incumbent telecom operator in Switzerland, with a very high market share in mobile and fixed-line markets. It charges high prices compared with its competitors and other European peers due to the historical stability of the Swiss telecom market and a favorable regulatory environment. In 2024, Swisscom acquired Vodafone Italia in a deal worth EUR 8 billion.
74GF Score

Get the complete analysis for LTS:0QKI

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

CHF641.50
Price
CHF694.15
GF Value