CELJF (Cellcom Israel) Cyclically Adjusted PB Ratio: 1.99 (As of Jul. 27, 2026) — 38% Above Median

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CELJF Cellcom Israel Ltd CELJF
57 GF Score
Price $10.50
GF Value $5.55
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Cellcom Israel Cyclically Adjusted PB Ratio?

Cellcom Israel CELJF -5.02% 57 Cyclically Adjusted PB Ratio is 1.99 as of Jul. 27, 2026, which is 38% above its 10-year median of 1.44. GuruFocus rates CELJF with a GF Score™ of 57/100 and a GF Value™ of $5.55 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 288 Telecommunication Services companies, Cellcom Israel ranks worse than 56.25% on this metric.

As of today (2026-07-27), Cellcom Israel's current share price is $10.495. Cellcom Israel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.28. Cellcom Israel's Cyclically Adjusted PB Ratio for today is 1.99.

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

CELJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.44   Max: 5.78
Current: 2.08

During the past years, Cellcom Israel's highest Cyclically Adjusted PB Ratio was 5.78. The lowest was 0.63. And the median was 1.44.

CELJF's Cyclically Adjusted PB Ratio is ranked worse than
56.25% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.78 vs CELJF: 2.08

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.

Cellcom Israel's adjusted book value per share data for the three months ended in Mar. 2026 was $5.312. 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 $5.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cellcom Israel  (OTCPK:CELJF) 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.


Cellcom Israel Cyclically Adjusted PB Ratio Related Terms


Cellcom Israel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cellcom Israel'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.

Cellcom Israel Cyclically Adjusted PB Ratio Chart

Cellcom Israel 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 1.43 1.34 1.01 1.35 2.38

Cellcom Israel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.45 1.75 2.09 2.38 2.11

CELJF vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Cellcom Israel'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.


Cellcom Israel Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


CELJF
57GF Score
Cellcom Israel Ltd CELJF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cellcom Israel 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.

Cellcom Israel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.495/5.28
=1.99

* 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.

Cellcom Israel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cellcom Israel'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)
=5.312/330.2130*330.2130
=5.312

Current CPI (Mar. 2026) = 330.2130.

Cellcom Israel Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.164 241.018 5.705
201609 4.279 241.428 5.853
201612 4.314 241.432 5.900
201703 4.376 243.801 5.927
201706 4.531 244.955 6.108
201709 4.646 246.819 6.216
201712 4.692 246.524 6.285
201803 4.588 249.554 6.071
201806 4.795 251.989 6.283
201809 4.801 252.439 6.280
201812 4.751 251.233 6.245
201903 4.699 254.202 6.104
201906 4.606 256.143 5.938
201909 3.650 256.759 4.694
201912 4.212 256.974 5.412
202003 4.115 258.115 5.264
202006 4.135 257.797 5.297
202009 3.753 260.280 4.761
202012 3.795 260.474 4.811
202103 3.823 264.877 4.766
202106 3.802 271.696 4.621
202109 3.835 274.310 4.617
202112 3.871 278.802 4.585
202203 3.927 287.504 4.510
202206 4.009 296.311 4.468
202209 4.091 296.808 4.551
202212 4.199 296.797 4.672
202303 4.292 301.836 4.696
202306 4.308 305.109 4.662
202309 4.425 307.789 4.747
202312 4.505 306.746 4.850
202403 4.525 312.332 4.784
202406 4.637 314.175 4.874
202409 4.756 315.301 4.981
202412 4.858 315.605 5.083
202503 4.974 319.799 5.136
202506 5.082 322.561 5.203
202509 5.220 324.800 5.307
202512 5.551 324.054 5.657
202603 5.312 330.213 5.312

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 1.99 mean?
Cellcom Israel (CELJF) has a Cyclically Adjusted PB Ratio of 1.99 as of Jul. 27, 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 Cellcom Israel and its competitors. This is 38% above median its historical median of 1.44. Over the past decade, Cellcom Israel's Cyclically Adjusted PB Ratio has ranged from 0.63 to 5.78. According to the industry distribution chart, Cellcom Israel ranks #162 out of 288 companies in the Telecommunication Services industry, placing it in the top 56.2%.
Is Cellcom Israel's Cyclically Adjusted PB Ratio too high?
Cellcom Israel's current Cyclically Adjusted PB Ratio of 1.99 is 38% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 5.78. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.78. Cellcom Israel's value of 1.99 is 11.8% above this industry median. Based on the distribution chart, Cellcom Israel ranks #162 out of 288 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Cellcom Israel has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cellcom Israel's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Cellcom Israel ranks #162 out of 288 companies for Cyclically Adjusted PB Ratio. This places Cellcom Israel in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. Cellcom Israel's value of 1.99 is 11.8% above this benchmark. Historically, Cellcom Israel's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 5.78 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.78, Cellcom Israel 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 1.78, based on 288 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. Cellcom Israel's current Cyclically Adjusted PB Ratio of 1.99 is 11.8% 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 Cellcom Israel and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cellcom Israel's current Cyclically Adjusted PB Ratio is 1.99, which is 38% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cellcom Israel stock overvalued right now?
Based on GuruFocus' analysis, Cellcom Israel (CELJF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.55, compared to a current price of $10.50 — trading 89.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.99, which is 38% above median its 10-year median of 1.44 and 11.8% above the Telecommunication Services industry median of 1.78. Cellcom Israel's overall GF Score™ is 57/100 with 5 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 Cellcom Israel (CELJF), the current Cyclically Adjusted PB Ratio is 1.99 as of Jul. 27, 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 Cellcom Israel (CELJF) Overvalued in 2026?

Based on GuruFocus' analysis, Cellcom Israel stock appears to be overvalued. The current stock price of $10.50 is trading 89.1% above its estimated GF Value™ of $5.55. GuruFocus considers Cellcom Israel to be Significantly Overvalued.

Key valuation signals for CELJF:

  • Cyclically Adjusted PB Ratio: 1.99 (38% above median its 10-year median of 1.44)
  • GF Value™: $5.55 vs. price of $10.50 (89.1% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 11.8% above the Telecommunication Services median (#162 of 288)

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


Cellcom Israel Business Description

Other Exchanges CEL:IsraelF5U:Germany
Address 10 Hagavish Street, P.O Box 4060, Netanya, ISR, 4250708
Cellcom Israel Ltd is an Israeli communications group that provides a wide variety of communication services in Israel. Additionally, it also provides electricity supply services to private and business customers. The group's operating segments are: Cellular Communications, Fixed Line Communications, and Electricity Supply. The majority of its revenue is generated from the Cellular Communications segment, which provides cellular communications services in Israel, on several networks deployed across the country, which include calls, text messages (SMS, MMS), internet access, and transfer of data over the internet and other associated equipment and services. In addition, the group provides overseas roaming services to its customers and to customers of foreign operators visiting Israel.
57GF Score

Get the complete analysis for CELJF

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

$10.50
Price
$5.55
GF Value