Eltel AB (OSTO:ELTEL) Cyclically Adjusted Book per Share: kr (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.

OSTO:ELTEL Eltel AB OSTO:ELTEL
49 GF Score
Price kr15.50
GF Value kr7.23
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Eltel AB Cyclically Adjusted Book per Share?

Eltel AB OSTO:ELTEL +1.31% 49 Cyclically Adjusted Book per Share is kr as of Jun. 2026. GuruFocus rates OSTO:ELTEL with a GF Score™ of 49/100 and a GF Value™ of kr7.23 (Significantly Overvalued). 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 kr11.521. 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 kr for the trailing ten years ended in Jun. 2026.

During the past 12 months, Eltel AB's average Cyclically Adjusted Book Growth Rate was -15.90% 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 (2026-09-20), Eltel AB's current stock price is kr15.50. Eltel AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr. Eltel AB's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eltel AB was 0.84. The lowest was 0.25. And the median was 0.32.


Eltel AB  (OSTO:ELTEL) 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 Eltel AB was 0.84. 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 - - - - -

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 - - - - -

OSTO:ELTEL 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.


OSTO:ELTEL
49GF Score
Eltel AB OSTO:ELTEL
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)
=11.521/134.6100*134.6100
=11.521

Current CPI (Jun. 2026) = 134.6100.

Eltel AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 38.623 101.138 51.406
201612 31.682 102.022 41.802
201703 16.761 102.022 22.115
201706 18.950 102.752 24.825
201709 18.330 103.279 23.891
201712 17.841 103.793 23.138
201803 18.032 103.962 23.348
201806 18.100 104.875 23.232
201809 17.296 105.679 22.031
201812 16.298 105.912 20.714
201903 16.182 105.886 20.572
201906 16.067 106.742 20.262
201909 15.683 107.214 19.690
201912 14.804 107.766 18.492
202003 14.109 106.563 17.822
202006 14.903 107.498 18.662
202009 14.740 107.635 18.434
202012 14.061 108.296 17.478
202103 14.250 108.360 17.702
202106 14.269 108.928 17.633
202109 14.498 110.338 17.687
202112 14.979 112.486 17.925
202203 14.980 114.825 17.561
202206 15.283 118.384 17.378
202209 15.530 122.296 17.094
202212 14.998 126.365 15.977
202303 13.865 127.042 14.691
202306 13.924 129.407 14.484
202309 13.958 130.224 14.428
202312 14.106 131.912 14.395
202403 12.223 132.205 12.445
202406 11.724 132.716 11.891
202409 11.541 132.304 11.742
202412 12.001 132.987 12.147
202503 11.624 132.825 11.780
202506 11.156 133.699 11.232
202509 11.394 133.480 11.490
202512 11.681 133.380 11.789
202603 11.772 133.550 11.865
202606 11.521 134.610 11.521

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 kr mean?
Eltel AB (OSTO:ELTEL) has a Cyclically Adjusted Book per Share of kr 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 kr. Overall, Eltel AB has a GF Score™ of 49/100 and is considered Significantly Overvalued, 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 kr 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 kr. 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?
Based on GuruFocus' analysis, Eltel AB (OSTO:ELTEL) is currently considered Significantly Overvalued. The stock's GF Value™ is kr7.23, compared to a current price of kr15.50 — trading 114.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr. Eltel AB's overall GF Score™ is 49/100 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 (OSTO:ELTEL), the current Cyclically Adjusted Book per Share is kr 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 (OSTO:ELTEL) Overvalued in 2026?

Based on GuruFocus' analysis, Eltel AB stock appears to be overvalued. The current stock price of kr15.50 is trading 114.4% above its estimated GF Value™ of kr7.23. GuruFocus considers Eltel AB to be Significantly Overvalued.

Key valuation signals for OSTO:ELTEL:

  • Cyclically Adjusted Book per Share: kr
  • GF Value™: kr7.23 vs. price of kr15.50 (114.4% above fair value)
  • GF Score™: 49/100 with 5 warning signs

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


Eltel AB Business Description

Other Exchanges 0R53:UKE5E:Germany
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.
49GF Score

Get the complete analysis for OSTO:ELTEL

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

kr15.50
Price
kr7.23
GF Value