Telecom EgyptE (CAI:ETEL) Cyclically Adjusted PB Ratio: 4.07 (As of Sep. 03, 2026) — 267% Above Median

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CAI:ETEL Telecom Egypt SAE CAI:ETEL
82 GF Score
Price E£115.00
GF Value E£64.74
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Telecom EgyptE Cyclically Adjusted PB Ratio?

Telecom EgyptE CAI:ETEL +0.02% 82 Cyclically Adjusted PB Ratio is 4.07 as of Sep. 03, 2026, which is 267% above its 10-year median of 1.11. GuruFocus rates CAI:ETEL with a GF Score™ of 82/100 and a GF Value™ of E£64.74 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 286 Telecommunication Services companies, Telecom EgyptE ranks worse than 82.87% on this metric.

As of today (2026-09-03), Telecom EgyptE's current share price is E£115.00. Telecom EgyptE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was E£28.29. Telecom EgyptE's Cyclically Adjusted PB Ratio for today is 4.07.

The historical rank and industry rank for Telecom EgyptE's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAI:ETEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.11   Max: 4.1
Current: 4.1

During the past years, Telecom EgyptE's highest Cyclically Adjusted PB Ratio was 4.10. The lowest was 0.47. And the median was 1.11.

CAI:ETEL's Cyclically Adjusted PB Ratio is ranked worse than
82.87% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.765 vs CAI:ETEL: 4.10

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 EgyptE's adjusted book value per share data for the three months ended in Jun. 2026 was E£43.134. 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 E£28.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telecom EgyptE  (CAI:ETEL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Telecom EgyptE Cyclically Adjusted PB Ratio Related Terms


Telecom EgyptE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Telecom EgyptE's Cyclically Adjusted PB Ratio 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.

Telecom EgyptE Cyclically Adjusted PB Ratio Chart

Telecom EgyptE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 1.12 1.58 1.33 2.47

Telecom EgyptE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 1.47 1.94 2.47 2.86 3.26

CAI:ETEL vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Telecom EgyptE'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 EgyptE Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


CAI:ETEL
82GF Score
Telecom Egypt SAE CAI:ETEL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telecom EgyptE Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Telecom EgyptE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=115.00/28.29
=4.07

* 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.

Telecom EgyptE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Telecom EgyptE'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)
=43.134/333.9520*333.9520
=43.134

Current CPI (Jun. 2026) = 333.9520.

Telecom EgyptE Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.638 241.428 24.398
201612 17.419 241.432 24.094
201703 16.846 243.801 23.075
201706 17.595 244.955 23.988
201709 18.143 246.819 24.548
201712 17.854 246.524 24.186
201803 13.891 249.554 18.589
201806 18.353 251.989 24.323
201809 19.038 252.439 25.185
201812 18.913 251.233 25.140
201903 19.257 254.202 25.298
201906 19.524 256.143 25.455
201909 20.103 256.759 26.147
201912 20.623 256.974 26.801
202003 20.639 258.115 26.703
202006 20.695 257.797 26.808
202009 21.403 260.280 27.461
202012 22.697 260.474 29.100
202103 22.577 264.877 28.465
202106 23.433 271.696 28.802
202109 24.733 274.310 30.111
202112 25.960 278.802 31.095
202203 24.404 287.504 28.347
202206 25.741 296.311 29.011
202209 27.168 296.808 30.568
202212 27.095 296.797 30.487
202303 25.408 301.836 28.111
202306 26.919 305.109 29.464
202309 28.513 307.789 30.937
202312 29.798 306.746 32.441
202403 23.881 312.332 25.534
202406 25.452 314.175 27.054
202409 26.568 315.301 28.140
202412 26.897 315.605 28.461
202503 26.986 319.799 28.180
202506 30.294 322.561 31.364
202509 34.026 324.800 34.985
202512 37.284 324.054 38.423
202603 36.768 330.213 37.184
202606 43.134 333.952 43.134

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

What does a Cyclically Adjusted PB Ratio of 4.07 mean?
Telecom EgyptE (CAI:ETEL) has a Cyclically Adjusted PB Ratio of 4.07 as of Sep. 03, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Telecom EgyptE and its competitors. This is 267% above median its historical median of 1.11. Over the past decade, Telecom EgyptE's Cyclically Adjusted PB Ratio has ranged from 0.47 to 4.10. According to the industry distribution chart, Telecom EgyptE ranks #237 out of 286 companies in the Telecommunication Services industry, placing it in the top 82.9%.
Is Telecom EgyptE's Cyclically Adjusted PB Ratio too high?
Telecom EgyptE's current Cyclically Adjusted PB Ratio of 4.07 is 267% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 4.10. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.77. Telecom EgyptE's value of 4.07 is 130.6% above this industry median. Based on the distribution chart, Telecom EgyptE ranks #237 out of 286 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Telecom EgyptE has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom EgyptE's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telecom EgyptE ranks #237 out of 286 companies for Cyclically Adjusted PB Ratio. This places Telecom EgyptE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.77. Telecom EgyptE's value of 4.07 is 130.6% above this benchmark. Historically, Telecom EgyptE's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 4.10 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.77, Telecom EgyptE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.77, based on 286 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telecom EgyptE's current Cyclically Adjusted PB Ratio of 4.07 is 130.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Telecom EgyptE and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telecom EgyptE's current Cyclically Adjusted PB Ratio is 4.07, which is 267% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telecom EgyptE stock overvalued right now?
Based on GuruFocus' analysis, Telecom EgyptE (CAI:ETEL) is currently considered Significantly Overvalued. The stock's GF Value™ is E£64.74, compared to a current price of E£115.00 — trading 77.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.07, which is 267% above median its 10-year median of 1.11 and 130.6% above the Telecommunication Services industry median of 1.77. Telecom EgyptE's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Telecom EgyptE (CAI:ETEL), the current Cyclically Adjusted PB Ratio is 4.07 as of Sep. 03, 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 Telecom EgyptE (CAI:ETEL) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom EgyptE stock appears to be overvalued. The current stock price of E£115.00 is trading 77.6% above its estimated GF Value™ of E£64.74. GuruFocus considers Telecom EgyptE to be Significantly Overvalued.

Key valuation signals for CAI:ETEL:

  • Cyclically Adjusted PB Ratio: 4.07 (267% above median its 10-year median of 1.11)
  • GF Value™: E£64.74 vs. price of E£115.00 (77.6% above fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 130.6% above the Telecommunication Services median (#237 of 286)

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


Telecom EgyptE Business Description

Address 26 Ramses Street, Cairo, EGY, 11511
Telecom Egypt SAE is the country's sole provider of fixed-line voice telecommunication services, where it generates the vast majority of its revenue. The company provides voice services, Internet, and data services in four segments: Communications marine cables and infrastructure services, Internet services, Outsourcing services, and Other activities. Additionally, because of Telecom Egypt's ownership of telecommunication infrastructure, there is wholesale revenue. This constitutes the majority of overall company revenue.
82GF Score

Get the complete analysis for CAI:ETEL

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

E£115.00
Price
E£64.74
GF Value