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Telecom Argentina (MEX:TEO N) Cyclically Adjusted Book per Share : MXN24.53 (As of Mar. 2025)


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What is Telecom Argentina 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.

Telecom Argentina's adjusted book value per share for the three months ended in Mar. 2025 was MXN268.184. 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 MXN24.53 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Telecom Argentina's average Cyclically Adjusted Book Growth Rate was 86.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 77.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 68.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 54.50% 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 Telecom Argentina was 77.20% per year. The lowest was 12.60% per year. And the median was 30.55% per year.

As of today (2025-06-28), Telecom Argentina's current stock price is MXN119.50. Telecom Argentina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN24.53. Telecom Argentina's Cyclically Adjusted PB Ratio of today is 4.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Telecom Argentina was 12.26. The lowest was 2.14. And the median was 5.62.


Telecom Argentina Cyclically Adjusted Book per Share Historical Data

The historical data trend for Telecom Argentina'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.

Telecom Argentina Cyclically Adjusted Book per Share Chart

Telecom Argentina 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 57.94 47.03 42.49 21.16 18.39

Telecom Argentina 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 21.09 21.28 26.53 18.39 24.53

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

For the Telecom Services subindustry, Telecom Argentina'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.


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

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

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


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Telecom Argentina 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, Telecom Argentina'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)
=268.184/134.9266*134.9266
=268.184

Current CPI (Mar. 2025) = 134.9266.

Telecom Argentina Quarterly Data

Book Value per Share CPI Adj_Book
201506 138.412 100.684 185.486
201509 151.301 100.392 203.349
201512 117.847 99.792 159.338
201603 110.926 100.470 148.968
201606 116.528 101.688 154.617
201609 121.227 101.861 160.579
201612 129.739 101.863 171.851
201703 134.020 102.862 175.797
201706 130.082 103.349 169.828
201709 133.911 104.136 173.506
201712 153.872 104.011 199.608
201803 266.290 105.290 341.246
201806 219.255 106.317 278.256
201809 127.448 106.507 161.456
201812 419.741 105.998 534.296
201903 291.666 107.251 366.931
201906 273.761 108.070 341.795
201909 230.948 108.329 287.651
201912 304.241 108.420 378.622
202003 289.801 108.902 359.057
202006 271.954 108.767 337.361
202009 256.110 109.815 314.675
202012 327.595 109.897 402.207
202103 232.206 111.754 280.354
202106 232.051 114.631 273.135
202109 236.704 115.734 275.957
202112 497.246 117.630 570.365
202203 280.126 121.301 311.592
202206 285.083 125.017 307.681
202209 232.200 125.227 250.186
202212 669.510 125.222 721.398
202303 211.064 127.348 223.625
202306 196.735 128.729 206.207
202309 188.347 129.860 195.696
202312 515.336 129.419 537.265
202403 177.714 131.776 181.963
202406 220.163 132.554 224.104
202409 247.132 133.029 250.657
202412 260.070 133.157 263.526
202503 268.184 134.927 268.184

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


Telecom Argentina  (MEX:TEO N) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=119.50/24.53
=4.87

* 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 Telecom Argentina was 12.26. The lowest was 2.14. And the median was 5.62.


Be Aware

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


Telecom Argentina Cyclically Adjusted Book per Share Related Terms

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


Telecom Argentina Business Description

Traded in Other Exchanges
Address
General Hornos 690, Buenos Aires, ARG, C1272ACK
Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company provides services in Argentina (mobile, cable television, Internet and fixed and data services), Paraguay (mobile, Internet and satellite TV services), Uruguay (cable television services), the United States (fixed wholesale services) and Chile (Cybersecurity services and products).

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