Telestrada (WAR:TLS) Cyclically Adjusted Book per Share: zł13.40 (As of Mar. 2026)


WAR:TLS Telestrada SA WAR:TLS
87 GF Score
Price zł26.00
GF Value zł20.44
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Telestrada Cyclically Adjusted Book per Share?

Telestrada WAR:TLS 87 Cyclically Adjusted Book per Share is zł13.40 as of Mar. 2026. GuruFocus rates WAR:TLS with a GF Score™ of 87/100 and a GF Value™ of zł20.44 (Modestly Overvalued). 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.

Telestrada's adjusted book value per share for the three months ended in Mar. 2026 was zł18.372. 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 zł13.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Telestrada's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.10% 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 Telestrada was 22.30% per year. The lowest was 11.60% per year. And the median was 19.05% per year.

As of today (2026-06-28), Telestrada's current stock price is zł26.00. Telestrada's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł13.40. Telestrada's Cyclically Adjusted PB Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Telestrada was 4.03. The lowest was 1.36. And the median was 1.85.


Telestrada  (WAR:TLS) 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.

Telestrada's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.00/13.40
=1.94

* 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 Telestrada was 4.03. The lowest was 1.36. And the median was 1.85.


Be Aware

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


Telestrada Cyclically Adjusted Book per Share Related Terms


Telestrada Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Telestrada'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.

Telestrada Cyclically Adjusted Book per Share Chart

Telestrada 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 7.42 9.49 11.08 12.16 13.18

Telestrada 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 12.53 12.74 12.97 13.18 13.40

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

For the Telecom Services subindustry, Telestrada'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.


Telestrada Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


WAR:TLS
87GF Score
Telestrada SA WAR:TLS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telestrada 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, Telestrada'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)
=18.372/158.3232*158.3232
=18.372

Current CPI (Mar. 2026) = 158.3232.

Telestrada Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.202 99.552 6.683
201609 4.953 99.064 7.916
201612 5.061 100.366 7.983
201703 5.990 101.018 9.388
201706 5.168 101.180 8.087
201709 6.110 101.343 9.545
201712 6.647 102.564 10.261
201803 7.425 102.564 11.462
201806 6.128 103.378 9.385
201809 6.648 103.378 10.181
201812 7.956 103.785 12.137
201903 8.772 104.274 13.319
201906 7.325 105.983 10.942
201909 7.908 105.983 11.813
201912 8.445 107.123 12.481
202003 9.062 109.076 13.153
202006 9.768 109.402 14.136
202009 10.168 109.320 14.726
202012 8.831 109.565 12.761
202103 10.346 112.658 14.540
202106 14.299 113.960 19.865
202109 15.500 115.588 21.231
202112 13.164 119.088 17.501
202203 13.927 125.031 17.635
202206 12.459 131.705 14.977
202209 9.557 135.531 11.164
202212 16.144 139.113 18.373
202303 16.701 145.950 18.117
202306 16.927 147.009 18.230
202309 17.250 146.113 18.692
202312 9.458 147.741 10.135
202403 9.863 149.044 10.477
202406 10.804 150.997 11.328
202409 11.998 153.439 12.380
202412 13.208 154.660 13.521
202503 14.352 157.021 14.471
202506 14.886 157.509 14.963
202509 16.308 157.998 16.342
202512 17.154 158.323 17.154
202603 18.372 158.323 18.372

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 zł13.40 mean?
Telestrada (WAR:TLS) has a Cyclically Adjusted Book per Share of zł13.40 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 Telestrada and its competitors.
Is Telestrada's Cyclically Adjusted Book per Share too high?
Telestrada's current Cyclically Adjusted Book per Share is zł13.40. Overall, Telestrada has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telestrada's Cyclically Adjusted Book per Share compare to TMUS and VZ?
Telestrada's Cyclically Adjusted Book per Share of zł13.40 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 Telestrada and its competitors. Telestrada's current Cyclically Adjusted Book per Share is zł13.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telestrada stock overvalued right now?
Based on GuruFocus' analysis, Telestrada (WAR:TLS) is currently considered Modestly Overvalued. The stock's GF Value™ is zł20.44, compared to a current price of zł26.00 — trading 27.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł13.40. Telestrada's overall GF Score™ is 87/100 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 Telestrada (WAR:TLS), the current Cyclically Adjusted Book per Share is zł13.40 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 Telestrada (WAR:TLS) Overvalued in 2026?

Based on GuruFocus' analysis, Telestrada stock appears to be overvalued. The current stock price of zł26.00 is trading 27.2% above its estimated GF Value™ of zł20.44. GuruFocus considers Telestrada to be Modestly Overvalued.

Key valuation signals for WAR:TLS:

  • Cyclically Adjusted Book per Share: zł13.40
  • GF Value™: zł20.44 vs. price of zł26.00 (27.2% above fair value)
  • GF Score™: 87/100 with 3 warning signs

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


Telestrada Business Description

Address st. Pulawska 182, IO-1 Building, 9th floor, Warszawa, POL, 02-670
Telestrada SA is a Poland-based company that is engaged in the telecommunication sector. It provides fixed-line and preselecting telephony services, as well as Internet connections, such as asymmetric digital subscriber line (ADSL) and integrated services digital network (ISDN). The company also offers installation services of switchboards and telecommunication networks.
87GF Score

Get the complete analysis for WAR:TLS

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

zł26.00
Price
zł20.44
GF Value