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Sri Lanka Telecom (COL:SLTL.N0000) Cyclically Adjusted PB Ratio : 1.66 (As of Jun. 19, 2024)


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What is Sri Lanka Telecom Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Sri Lanka Telecom's current share price is රු85.00. Sri Lanka Telecom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was රු51.35. Sri Lanka Telecom's Cyclically Adjusted PB Ratio for today is 1.66.

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

COL:SLTL.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.39   Max: 2.31
Current: 1.67

During the past years, Sri Lanka Telecom's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.62. And the median was 1.39.

COL:SLTL.N0000's Cyclically Adjusted PB Ratio is ranked worse than
56.4% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.44 vs COL:SLTL.N0000: 1.67

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.

Sri Lanka Telecom's adjusted book value per share data for the three months ended in Mar. 2024 was රු49.309. 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 රු51.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sri Lanka Telecom Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sri Lanka Telecom'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.

* Premium members only.

Sri Lanka Telecom Cyclically Adjusted PB Ratio Chart

Sri Lanka Telecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.88 1.41 1.85

Sri Lanka Telecom Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.91 1.92 1.68 1.85 1.75

Competitive Comparison of Sri Lanka Telecom's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Sri Lanka Telecom'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.


Sri Lanka Telecom's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Sri Lanka Telecom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=85.00/51.35
=1.66

* 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.

Sri Lanka Telecom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sri Lanka Telecom's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=49.309/131.7762*131.7762
=49.309

Current CPI (Mar. 2024) = 131.7762.

Sri Lanka Telecom Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.906 100.560 44.431
201409 35.048 100.428 45.988
201412 35.404 99.070 47.092
201503 36.292 99.621 48.006
201506 36.354 100.684 47.581
201509 36.660 100.392 48.121
201512 36.147 99.792 47.732
201603 37.102 100.470 48.663
201606 36.820 101.688 47.715
201609 37.841 101.861 48.954
201612 38.001 101.863 49.161
201703 38.831 102.862 49.746
201706 38.548 103.349 49.151
201709 38.977 104.136 49.323
201712 39.509 104.011 50.056
201803 40.216 105.290 50.333
201806 40.045 106.317 49.634
201809 40.558 106.507 50.181
201812 40.792 105.998 50.712
201903 42.099 107.251 51.726
201906 41.812 108.070 50.984
201909 42.475 108.329 51.668
201912 43.255 108.420 52.573
202003 44.422 108.902 53.753
202006 45.918 108.767 55.632
202009 46.050 109.815 55.259
202012 46.640 109.897 55.926
202103 47.801 111.754 56.365
202106 48.329 114.631 55.557
202109 50.030 115.734 56.965
202112 52.008 117.630 58.263
202203 53.525 121.301 58.147
202206 51.323 125.017 54.098
202209 53.017 125.227 55.790
202212 51.180 125.222 53.859
202303 51.829 127.348 53.631
202306 50.440 128.729 51.634
202309 49.748 129.860 50.482
202312 49.035 129.419 49.928
202403 49.309 131.776 49.309

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.


Sri Lanka Telecom  (COL:SLTL.N0000) 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.


Sri Lanka Telecom Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Sri Lanka Telecom's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sri Lanka Telecom (COL:SLTL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Lotus Road, P.O. Box 503, Telecom Headquarters, Colombo, LKA, 01
Sri Lanka Telecom PLC is the National Information and Communications Technology (ICT) solutions, and broadband and infrastructure services provider in Sri Lanka. It operates in three segments, namely, fixed ICT operations, mobile ICT operations, and other segment operations. Fixed ICT operations include the supply of fixed telecommunication services. Mobile ICT operations include the supply of mobile telecommunication services. Other segment operations include Directory publication and support services.

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