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Telecom Argentina (STU:TEO) Cyclically Adjusted Book per Share : €1.76 (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 €12.126. 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 €1.76 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Telecom Argentina's average Cyclically Adjusted Book Growth Rate was 96.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 73.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 64.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 53.30% 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 Telecom Argentina was 73.30% per year. The lowest was 12.60% per year. And the median was 30.55% per year.

As of today (2025-05-28), Telecom Argentina's current stock price is €9.00. Telecom Argentina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €1.76. Telecom Argentina's Cyclically Adjusted PB Ratio of today is 5.11.

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 5.76.


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 1.47 1.91 1.84 1.03 1.97

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 1.13 1.12 1.39 1.97 1.76

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)
=12.126/134.9266*134.9266
=12.126

Current CPI (Mar. 2025) = 134.9266.

Telecom Argentina Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.860 100.684 10.533
201509 7.978 100.392 10.722
201512 6.292 99.792 8.507
201603 5.787 100.470 7.772
201606 5.608 101.688 7.441
201609 5.586 101.861 7.399
201612 5.966 101.863 7.903
201703 6.655 102.862 8.730
201706 6.405 103.349 8.362
201709 6.191 104.136 8.022
201712 6.620 104.011 8.588
201803 11.887 105.290 15.233
201806 9.551 106.317 12.121
201809 5.839 106.507 7.397
201812 18.791 105.998 23.919
201903 13.307 107.251 16.741
201906 12.613 108.070 15.748
201909 10.622 108.329 13.230
201912 14.518 108.420 18.067
202003 11.185 108.902 13.858
202006 10.462 108.767 12.978
202009 9.843 109.815 12.094
202012 13.537 109.897 16.620
202103 9.542 111.754 11.521
202106 9.676 114.631 11.389
202109 9.785 115.734 11.408
202112 21.452 117.630 24.606
202203 12.775 121.301 14.210
202206 13.405 125.017 14.468
202209 11.659 125.227 12.562
202212 32.418 125.222 34.930
202303 10.937 127.348 11.588
202306 10.592 128.729 11.102
202309 10.132 129.860 10.527
202312 12.785 129.419 13.329
202403 9.851 131.776 10.087
202406 11.164 132.554 11.364
202409 11.308 133.029 11.469
202412 11.909 133.157 12.067
202503 12.126 134.927 12.126

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


Telecom Argentina  (STU:TEO) 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
=9.00/1.76
=5.11

* 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 5.76.


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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