SKM (SK Telecom Co) Cyclically Adjusted Book per Share: $34.17 (As of Mar. 2026)


SKM SK Telecom Co Ltd SKM
66 GF Score
Price $31.80
GF Value $19.55
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SK Telecom Co Cyclically Adjusted Book per Share?

SK Telecom Co SKM -0.25% 66 Cyclically Adjusted Book per Share is $34.17 as of Mar. 2026. GuruFocus rates SKM with a GF Score™ of 66/100 and a GF Value™ of $19.55 (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.

SK Telecom Co's adjusted book value per share for the three months ended in Mar. 2026 was $23.224. 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 $34.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SK Telecom Co's average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 SK Telecom Co was 14.50% per year. The lowest was -0.10% per year. And the median was 6.10% per year.

As of today (2026-07-04), SK Telecom Co's current stock price is $31.80. SK Telecom Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $34.17. SK Telecom Co's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SK Telecom Co was 1.19. The lowest was 0.48. And the median was 0.71.


SK Telecom Co  (NYSE:SKM) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.80/34.17
=0.93

* 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 SK Telecom Co was 1.19. The lowest was 0.48. And the median was 0.71.


Be Aware

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


SK Telecom Co Cyclically Adjusted Book per Share Related Terms


SK Telecom Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SK Telecom Co'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.

SK Telecom Co Cyclically Adjusted Book per Share Chart

SK Telecom Co 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 39.62 38.72 38.51 34.16 34.09

SK Telecom Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 34.49 36.79 35.45 34.09 34.17

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

For the Telecom Services subindustry, SK Telecom Co'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.


SK Telecom Co Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


SKM
66GF Score
SK Telecom Co Ltd SKM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SK Telecom Co 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, SK Telecom Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=23.224/125.2360*125.2360
=23.224

Current CPI (Mar. 2026) = 125.2360.

SK Telecom Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 33.804 100.791 42.003
201609 35.910 101.461 44.325
201612 34.942 101.561 43.087
201703 36.084 102.851 43.938
201706 37.934 102.611 46.298
201709 39.660 103.491 47.993
201712 42.645 102.991 51.856
201803 47.877 104.101 57.597
201806 48.970 104.130 58.896
201809 50.601 105.651 59.981
201812 50.909 104.351 61.098
201903 49.981 104.491 59.904
201906 48.805 104.881 58.277
201909 48.444 105.200 57.670
201912 48.820 105.121 58.162
202003 46.550 105.354 55.335
202006 48.647 105.112 57.961
202009 50.868 106.198 59.987
202012 55.621 105.765 65.860
202103 54.301 107.357 63.344
202106 58.345 107.579 67.921
202109 57.523 108.759 66.238
202112 24.948 109.676 28.487
202203 23.993 111.848 26.865
202206 22.634 114.072 24.849
202209 20.973 114.715 22.896
202212 22.272 115.179 24.217
202303 22.414 116.507 24.093
202306 22.687 117.182 24.246
202309 22.200 118.964 23.371
202312 22.783 118.837 24.010
202403 22.824 120.123 23.795
202406 22.269 120.007 23.239
202409 23.006 120.861 23.839
202412 21.180 121.135 21.897
202503 21.129 122.590 21.585
202506 22.631 122.611 23.115
202509 21.892 123.402 22.217
202512 22.875 123.939 23.114
202603 23.224 125.236 23.224

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 $34.17 mean?
SK Telecom Co (SKM) has a Cyclically Adjusted Book per Share of $34.17 as of Mar. 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 SK Telecom Co and its competitors.
Is SK Telecom Co's Cyclically Adjusted Book per Share too high?
SK Telecom Co's current Cyclically Adjusted Book per Share is $34.17. Overall, SK Telecom Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SK Telecom Co's Cyclically Adjusted Book per Share compare to TMUS and VZ?
SK Telecom Co's Cyclically Adjusted Book per Share of $34.17 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 SK Telecom Co and its competitors. SK Telecom Co's current Cyclically Adjusted Book per Share is $34.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SK Telecom Co stock overvalued right now?
Based on GuruFocus' analysis, SK Telecom Co (SKM) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.55, compared to a current price of $31.80 — trading 62.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $34.17. SK Telecom Co's overall GF Score™ is 66/100 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 SK Telecom Co (SKM), the current Cyclically Adjusted Book per Share is $34.17 as of Mar. 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 SK Telecom Co (SKM) Overvalued in 2026?

Based on GuruFocus' analysis, SK Telecom Co stock appears to be overvalued. The current stock price of $31.80 is trading 62.7% above its estimated GF Value™ of $19.55. GuruFocus considers SK Telecom Co to be Significantly Overvalued.

Key valuation signals for SKM:

  • Cyclically Adjusted Book per Share: $34.17
  • GF Value™: $19.55 vs. price of $31.80 (62.7% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


SK Telecom Co Business Description

Address SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, KOR, 04539
SK Telecom is South Korea's largest wireless telecom operator, with 32 million mobile customers. The firm also owns SK Broadband (formerly Hanaro Telecom), which has 7.2 million broadband customers and 9.5 million pay TV customers (6.7 million IPTV and 2.8 million Cable TV). While the firm also purchased stakes in businesses in security and semiconductor memory production, as well as developing e-commerce and internet platform businesses, these were all spun off into the separate SK Square business in November 2021. The company was formed after SK Group purchased KT's mobile business in 1994.
66GF Score

Get the complete analysis for SKM

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

$31.80
Price
$19.55
GF Value