Przedsiebiorstwo Telekomunikacyjne TELGAM (WAR:TLG) Cyclically Adjusted Book per Share: zł0.24 (As of Mar. 2026)


WAR:TLG Przedsiebiorstwo Telekomunikacyjne TELGAM SA WAR:TLG
57 GF Score
Price zł0.45
GF Value zł0.54
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Przedsiebiorstwo Telekomunikacyjne TELGAM Cyclically Adjusted Book per Share?

Przedsiebiorstwo Telekomunikacyjne TELGAM WAR:TLG +3.24% 57 Cyclically Adjusted Book per Share is zł0.24 as of Mar. 2026. GuruFocus rates WAR:TLG with a GF Score™ of 57/100 and a GF Value™ of zł0.54 (Modestly Undervalued). The stock has 3 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.

Przedsiebiorstwo Telekomunikacyjne TELGAM's adjusted book value per share for the three months ended in Mar. 2026 was zł0.228. 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 zł0.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Przedsiebiorstwo Telekomunikacyjne TELGAM's average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 Przedsiebiorstwo Telekomunikacyjne TELGAM was 1.40% per year. The lowest was 1.40% per year. And the median was 1.40% per year.

As of today (2026-07-04), Przedsiebiorstwo Telekomunikacyjne TELGAM's current stock price is zł0.446. Przedsiebiorstwo Telekomunikacyjne TELGAM's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.24. Przedsiebiorstwo Telekomunikacyjne TELGAM's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Przedsiebiorstwo Telekomunikacyjne TELGAM was 3.00. The lowest was 0.82. And the median was 1.73.


Przedsiebiorstwo Telekomunikacyjne TELGAM  (WAR:TLG) 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.

Przedsiebiorstwo Telekomunikacyjne TELGAM's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.446/0.24
=1.86

* 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 Przedsiebiorstwo Telekomunikacyjne TELGAM was 3.00. The lowest was 0.82. And the median was 1.73.


Be Aware

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


Przedsiebiorstwo Telekomunikacyjne TELGAM Cyclically Adjusted Book per Share Related Terms


Przedsiebiorstwo Telekomunikacyjne TELGAM Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Przedsiebiorstwo Telekomunikacyjne TELGAM'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.

Przedsiebiorstwo Telekomunikacyjne TELGAM Cyclically Adjusted Book per Share Chart

Przedsiebiorstwo Telekomunikacyjne TELGAM 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 0.00 0.24 0.25 0.25 0.25

Przedsiebiorstwo Telekomunikacyjne TELGAM 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 0.26 0.25 0.25 0.25 0.24

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

For the Telecom Services subindustry, Przedsiebiorstwo Telekomunikacyjne TELGAM'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.


Przedsiebiorstwo Telekomunikacyjne TELGAM Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where Przedsiebiorstwo Telekomunikacyjne TELGAM's Cyclically Adjusted PB Ratio falls into.


WAR:TLG
57GF Score
Przedsiebiorstwo Telekomunikacyjne TELGAM SA WAR:TLG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Przedsiebiorstwo Telekomunikacyjne TELGAM 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, Przedsiebiorstwo Telekomunikacyjne TELGAM'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)
=0.228/163.0700*163.0700
=0.228

Current CPI (Mar. 2026) = 163.0700.

Przedsiebiorstwo Telekomunikacyjne TELGAM Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.215 99.552 0.352
201609 0.223 99.064 0.367
201612 0.176 100.366 0.286
201703 0.175 101.018 0.282
201706 0.176 101.180 0.284
201709 0.224 101.343 0.360
201712 0.207 102.564 0.329
201803 0.207 102.564 0.329
201806 0.207 103.378 0.327
201809 0.209 103.378 0.330
201812 0.178 103.785 0.280
201903 0.179 104.274 0.280
201906 0.179 105.983 0.275
201909 0.179 105.983 0.275
201912 0.170 107.123 0.259
202003 0.168 109.076 0.251
202006 0.168 109.402 0.250
202009 0.169 109.320 0.252
202012 0.160 109.565 0.238
202103 0.159 112.658 0.230
202106 0.158 113.960 0.226
202109 0.142 115.588 0.200
202112 0.157 119.088 0.215
202203 0.161 125.031 0.210
202206 0.162 131.705 0.201
202209 0.179 135.531 0.215
202212 0.161 139.113 0.189
202303 0.176 145.950 0.197
202306 0.174 147.009 0.193
202309 0.183 146.113 0.204
202312 0.189 147.741 0.209
202403 0.194 149.044 0.212
202406 0.199 150.997 0.215
202409 0.203 153.439 0.216
202412 0.208 154.660 0.219
202503 0.209 157.021 0.217
202506 0.213 157.509 0.221
202509 0.217 158.000 0.224
202512 0.224 158.320 0.231
202603 0.228 163.070 0.228

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 zł0.24 mean?
Przedsiebiorstwo Telekomunikacyjne TELGAM (WAR:TLG) has a Cyclically Adjusted Book per Share of zł0.24 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 Przedsiebiorstwo Telekomunikacyjne TELGAM and its competitors.
Is Przedsiebiorstwo Telekomunikacyjne TELGAM's Cyclically Adjusted Book per Share too high?
Przedsiebiorstwo Telekomunikacyjne TELGAM's current Cyclically Adjusted Book per Share is zł0.24. Overall, Przedsiebiorstwo Telekomunikacyjne TELGAM has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Przedsiebiorstwo Telekomunikacyjne TELGAM's Cyclically Adjusted Book per Share compare to TMUS and VZ?
Przedsiebiorstwo Telekomunikacyjne TELGAM's Cyclically Adjusted Book per Share of zł0.24 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 Przedsiebiorstwo Telekomunikacyjne TELGAM and its competitors. Przedsiebiorstwo Telekomunikacyjne TELGAM's current Cyclically Adjusted Book per Share is zł0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Przedsiebiorstwo Telekomunikacyjne TELGAM stock overvalued right now?
Based on GuruFocus' analysis, Przedsiebiorstwo Telekomunikacyjne TELGAM (WAR:TLG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.54, compared to a current price of zł0.45 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł0.24. Przedsiebiorstwo Telekomunikacyjne TELGAM's overall GF Score™ is 57/100 with 3 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 Przedsiebiorstwo Telekomunikacyjne TELGAM (WAR:TLG), the current Cyclically Adjusted Book per Share is zł0.24 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 Przedsiebiorstwo Telekomunikacyjne TELGAM (WAR:TLG) Overvalued in 2026?

Based on GuruFocus' analysis, Przedsiebiorstwo Telekomunikacyjne TELGAM stock appears to be undervalued. The current stock price of zł0.45 is trading 17.4% below its estimated GF Value™ of zł0.54. GuruFocus considers Przedsiebiorstwo Telekomunikacyjne TELGAM to be Modestly Undervalued.

Key valuation signals for WAR:TLG:

  • Cyclically Adjusted Book per Share: zł0.24
  • GF Value™: zł0.54 vs. price of zł0.45 (17.4% below fair value)
  • GF Score™: 57/100 with 3 warning signs

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


Przedsiebiorstwo Telekomunikacyjne TELGAM Business Description

Address ul. Mickiewicza 148A, Jaslo, POL, 38-200
Przedsiebiorstwo Telekomunikacyjne TELGAM SA is a telecommunications operator offering comprehensive services in southern and western Poland. The company provides fiber-optic internet, 5G mobile telephony, Ultra HD 4K television, home phones, and bill-saving service packages.
57GF Score

Get the complete analysis for WAR:TLG

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

zł0.45
Price
zł0.54
GF Value