Telsys (XTAE:TLSY) Cyclically Adjusted Book per Share: ₪31.30 (As of Mar. 2026)

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XTAE:TLSY Telsys Ltd XTAE:TLSY
70 GF Score
Price ₪350.20
GF Value ₪196.02
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Telsys Cyclically Adjusted Book per Share?

Telsys XTAE:TLSY -3.53% 70 Cyclically Adjusted Book per Share is ₪31.30 as of Mar. 2026. GuruFocus rates XTAE:TLSY with a GF Score™ of 70/100 and a GF Value™ of ₪196.02 (Significantly Overvalued). 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.

Telsys's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was ₪24.798. 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 ₪31.30 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Telsys was 6.00% per year. The lowest was 6.00% per year. And the median was 6.00% per year.

As of today (2026-07-14), Telsys's current stock price is ₪ 350.20. Telsys's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was ₪31.30. Telsys's Cyclically Adjusted PB Ratio of today is 11.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Telsys was 11.60. The lowest was 5.16. And the median was 7.22.


Telsys  (XTAE:TLSY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=350.20/31.30
=11.19

* 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 Telsys was 11.60. The lowest was 5.16. And the median was 7.22.


Be Aware

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


Telsys Cyclically Adjusted Book per Share Related Terms


Telsys Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Telsys'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.

Telsys Cyclically Adjusted Book per Share Chart

Telsys 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 26.31 27.56 29.52 31.30

Telsys 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 0.00 0.00 0.00 31.30 0.00

XTAE:TLSY vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Telsys'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.


Telsys Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Telsys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XTAE:TLSY
70GF Score
Telsys Ltd XTAE:TLSY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telsys 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, Telsys's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=24.798/324.0540*324.0540
=24.798

Current CPI (Dec. 2025) = 324.0540.

Telsys Annual Data

Book Value per Share CPI Adj_Book
201612 12.911 241.432 17.329
201712 28.427 246.524 37.367
201812 30.982 251.233 39.962
201912 30.898 256.974 38.964
202012 28.172 260.474 35.049
202112 25.568 278.802 29.718
202212 27.250 296.797 29.753
202312 30.727 306.746 32.461
202412 25.636 315.605 26.322
202512 24.798 324.054 24.798

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 ₪31.30 mean?
Telsys (XTAE:TLSY) has a Cyclically Adjusted Book per Share of ₪31.30 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 Telsys and its competitors.
Is Telsys' Cyclically Adjusted Book per Share too high?
Telsys' current Cyclically Adjusted Book per Share is ₪31.30. Overall, Telsys has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telsys' Cyclically Adjusted Book per Share compare to SNX and ARW?
Telsys' Cyclically Adjusted Book per Share of ₪31.30 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Telsys and its competitors. Telsys's current Cyclically Adjusted Book per Share is ₪31.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telsys stock overvalued right now?
Based on GuruFocus' analysis, Telsys (XTAE:TLSY) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪196.02, compared to a current price of ₪350.20 — trading 78.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₪31.30. Telsys' overall GF Score™ is 70/100 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 Telsys (XTAE:TLSY), the current Cyclically Adjusted Book per Share is ₪31.30 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 Telsys (XTAE:TLSY) Overvalued in 2026?

Based on GuruFocus' analysis, Telsys stock appears to be overvalued. The current stock price of ₪350.20 is trading 78.7% above its estimated GF Value™ of ₪196.02. GuruFocus considers Telsys to be Significantly Overvalued.

Key valuation signals for XTAE:TLSY:

  • Cyclically Adjusted Book per Share: ₪31.30
  • GF Value™: ₪196.02 vs. price of ₪350.20 (78.7% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Telsys Business Description

Address 5 Granit Street, Petach Tikva, ISR, 4951404
Telsys Ltd acts as an electronics distributor. It focuses on semiconductors, subsystems, passive components, connectors, microwave products, and telecommunication products. Some of its vendors are Texas Instruments, IBM, Lattice, Mindspeed, Cirrus Logic, Molex, and RAFI. It acts as a stocking distributor. It also provides specialized services.
70GF Score

Get the complete analysis for XTAE:TLSY

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

₪350.20
Price
₪196.02
GF Value