Rogers Communications (STU:RCIB) Cyclically Adjusted Book per Share: €13.71 (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.

STU:RCIB Rogers Communications Inc STU:RCIB
84 GF Score
Price €28.76
GF Value €34.67
! 6 Warning Signs
View Full Analysis

What is Rogers Communications Cyclically Adjusted Book per Share?

Rogers Communications STU:RCIB +0.28% 84 Cyclically Adjusted Book per Share is €13.71 as of Jun. 2026. GuruFocus rates STU:RCIB with a GF Score™ of 84/100 and a GF Value™ of €34.67. The stock has 6 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.

Rogers Communications's adjusted book value per share for the three months ended in Jun. 2026 was €18.958. 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 €13.71 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Rogers Communications's average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 Rogers Communications was 34.40% per year. The lowest was 7.50% per year. And the median was 10.15% per year.

As of today (2026-07-27), Rogers Communications's current stock price is €28.76. Rogers Communications's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €13.71. Rogers Communications's Cyclically Adjusted PB Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rogers Communications was 7.35. The lowest was 1.73. And the median was 4.57.


Rogers Communications  (STU:RCIB) 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.

Rogers Communications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.76/13.71
=2.10

* 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 Rogers Communications was 7.35. The lowest was 1.73. And the median was 4.57.


Be Aware

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


Rogers Communications Cyclically Adjusted Book per Share Related Terms


Rogers Communications Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rogers Communications'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.

Rogers Communications Cyclically Adjusted Book per Share Chart

Rogers Communications 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 9.94 10.83 11.03 16.38 15.19

Rogers Communications 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 18.59 16.05 15.19 13.40 13.71

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

For the Telecom Services subindustry, Rogers Communications'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.


Rogers Communications Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


STU:RCIB
84GF Score
Rogers Communications Inc STU:RCIB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rogers Communications 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, Rogers Communications'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)
=18.958/134.0005*134.0005
=18.958

Current CPI (Jun. 2026) = 134.0005.

Rogers Communications Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.686 101.765 10.121
201612 8.675 101.449 11.459
201703 7.247 102.634 9.462
201706 7.503 103.029 9.759
201709 8.348 103.345 10.824
201712 9.636 103.345 12.494
201803 8.853 105.004 11.298
201806 9.432 105.557 11.974
201809 9.948 105.636 12.619
201812 10.394 105.399 13.215
201903 10.674 106.979 13.370
201906 11.466 107.690 14.267
201909 12.952 107.611 16.128
201912 12.745 107.769 15.847
202003 13.095 107.927 16.259
202006 12.942 108.401 15.998
202009 12.755 108.164 15.802
202012 12.167 108.559 15.018
202103 13.330 110.298 16.195
202106 13.586 111.720 16.296
202109 13.984 112.905 16.597
202112 14.422 113.774 16.986
202203 15.785 117.646 17.979
202206 15.828 120.806 17.557
202209 14.489 120.648 16.093
202212 13.889 120.964 15.386
202303 13.369 122.702 14.600
202306 15.196 124.203 16.395
202309 14.329 125.230 15.332
202312 13.463 125.072 14.424
202403 13.573 126.258 14.405
202406 13.507 127.522 14.193
202409 14.020 127.285 14.760
202412 13.007 127.364 13.685
202503 12.727 129.181 13.202
202506 13.174 129.892 13.591
202509 19.316 130.287 19.867
202512 20.342 130.366 20.909
202603 20.978 132.262 21.254
202606 18.958 134.001 18.958

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 €13.71 mean?
Rogers Communications (STU:RCIB) has a Cyclically Adjusted Book per Share of €13.71 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 Rogers Communications and its competitors.
Is Rogers Communications' Cyclically Adjusted Book per Share too high?
Rogers Communications' current Cyclically Adjusted Book per Share is €13.71. Overall, Rogers Communications has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' Cyclically Adjusted Book per Share compare to VZ and TMUS?
Rogers Communications' Cyclically Adjusted Book per Share of €13.71 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 Rogers Communications and its competitors. Rogers Communications's current Cyclically Adjusted Book per Share is €13.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rogers Communications stock overvalued right now?
Rogers Communications (STU:RCIB) has a current Cyclically Adjusted Book per Share of €13.71. The stock's GF Value™ is €34.67, compared to a current price of €28.76 — trading 17% below its estimated fair value. The current Cyclically Adjusted Book per Share is €13.71. Rogers Communications' overall GF Score™ is 84/100 with 6 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 Rogers Communications (STU:RCIB), the current Cyclically Adjusted Book per Share is €13.71 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 Rogers Communications (STU:RCIB) Overvalued in 2026?

Based on GuruFocus' analysis, Rogers Communications stock appears to be undervalued. The current stock price of €28.76 is trading 17% below its estimated GF Value™ of €34.67.

Key valuation signals for STU:RCIB:

  • Cyclically Adjusted Book per Share: €13.71
  • GF Value™: €34.67 vs. price of €28.76 (17% below fair value)
  • GF Score™: 84/100 with 6 warning signs

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


Rogers Communications Business Description

Address 333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada with more than 11 million subscribers, equating to one-third of the total Canadian market. Rogers' wireless business accounts for more than half of total revenue and has been growing at a higher rate than other segments. The cable segment, which provides about 38% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and major Toronto sports franchises, including the Blue Jays, Maple Leafs, Raptors, Toronto FC, and Argonauts.
84GF Score

Get the complete analysis for STU:RCIB

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

€28.76
Price
€34.67
GF Value