Eltel AB (FRA:E5E) Cyclically Adjusted PB Ratio: 0.74 (As of Aug. 19, 2026) — 131% Above Median

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FRA:E5E Eltel AB FRA:E5E
50 GF Score
Price €1.25
GF Value €0.65
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Eltel AB Cyclically Adjusted PB Ratio?

Eltel AB FRA:E5E +2.04% 50 Cyclically Adjusted PB Ratio is 0.74 as of Aug. 19, 2026, which is 131% above its 10-year median of 0.32. GuruFocus rates FRA:E5E with a GF Score™ of 50/100 and a GF Value™ of €0.65 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 288 Telecommunication Services companies, Eltel AB ranks better than 78.47% on this metric.

As of today (2026-08-19), Eltel AB's current share price is €1.25. Eltel AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.69. Eltel AB's Cyclically Adjusted PB Ratio for today is 0.74.

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

FRA:E5E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.32   Max: 0.75
Current: 0.75

During the past years, Eltel AB's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.25. And the median was 0.32.

FRA:E5E's Cyclically Adjusted PB Ratio is ranked better than
78.47% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.76 vs FRA:E5E: 0.75

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.

Eltel AB's adjusted book value per share data for the three months ended in Jun. 2026 was €0.992. 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 €1.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eltel AB  (FRA:E5E) 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.


Eltel AB Cyclically Adjusted PB Ratio Related Terms


Eltel AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eltel AB'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.

Eltel AB Cyclically Adjusted PB Ratio Chart

Eltel AB 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 0.00 0.34 0.28 0.28 0.46

Eltel AB 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 0.48 0.43 0.46 0.44 0.66

FRA:E5E vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Eltel AB'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.


Eltel AB Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


FRA:E5E
50GF Score
Eltel AB FRA:E5E
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eltel AB 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.

Eltel AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.25/1.69
=0.74

* 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.

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

For example, Eltel AB'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)
=0.992/134.6100*134.6100
=0.992

Current CPI (Jun. 2026) = 134.6100.

Eltel AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.650 101.138 4.858
201612 2.993 102.022 3.949
201703 1.559 102.022 2.057
201706 2.653 102.752 3.476
201709 1.856 103.279 2.419
201712 1.769 103.793 2.294
201803 1.705 103.962 2.208
201806 1.683 104.875 2.160
201809 1.629 105.679 2.075
201812 1.559 105.912 1.981
201903 1.504 105.886 1.912
201906 1.470 106.742 1.854
201909 1.416 107.214 1.778
201912 1.360 107.766 1.699
202003 1.251 106.563 1.580
202006 1.376 107.498 1.723
202009 1.357 107.635 1.697
202012 1.351 108.296 1.679
202103 1.344 108.360 1.670
202106 1.358 108.928 1.678
202109 1.382 110.338 1.686
202112 1.406 112.486 1.683
202203 1.396 114.825 1.637
202206 1.376 118.384 1.565
202209 1.381 122.296 1.520
202212 1.302 126.365 1.387
202303 1.184 127.042 1.255
202306 1.295 129.407 1.347
202309 1.326 130.224 1.371
202312 1.379 131.912 1.407
202403 1.169 132.205 1.190
202406 1.143 132.716 1.159
202409 1.130 132.304 1.150
202412 1.157 132.987 1.171
202503 1.178 132.825 1.194
202506 0.956 133.699 0.963
202509 0.987 133.480 0.995
202512 1.024 133.390 1.033
202603 1.019 133.560 1.027
202606 0.992 134.610 0.992

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 0.74 mean?
Eltel AB (FRA:E5E) has a Cyclically Adjusted PB Ratio of 0.74 as of Aug. 19, 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 Eltel AB and its competitors. This is 131% above median its historical median of 0.32. Over the past decade, Eltel AB's Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.75. According to the industry distribution chart, Eltel AB ranks #62 out of 288 companies in the Telecommunication Services industry, placing it in the top 21.5%.
Is Eltel AB's Cyclically Adjusted PB Ratio too high?
Eltel AB's current Cyclically Adjusted PB Ratio of 0.74 is 131% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.75. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.76. Eltel AB's value of 0.74 is 58% below this industry median. Based on the distribution chart, Eltel AB ranks #62 out of 288 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Eltel AB has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eltel AB's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Eltel AB ranks #62 out of 288 companies for Cyclically Adjusted PB Ratio. This places Eltel AB in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.76. Eltel AB's value of 0.74 is 58% below this benchmark. Historically, Eltel AB's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.75 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 1.76, Eltel AB has consistently been below 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 1.76, 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. Eltel AB's current Cyclically Adjusted PB Ratio of 0.74 is 58% below 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 Eltel AB and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eltel AB's current Cyclically Adjusted PB Ratio is 0.74, which is 131% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltel AB stock overvalued right now?
Based on GuruFocus' analysis, Eltel AB (FRA:E5E) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.65, compared to a current price of €1.25 — trading 92.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.74, which is 131% above median its 10-year median of 0.32 and 58% below the Telecommunication Services industry median of 1.76. Eltel AB's overall GF Score™ is 50/100 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 Eltel AB (FRA:E5E), the current Cyclically Adjusted PB Ratio is 0.74 as of Aug. 19, 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 Eltel AB (FRA:E5E) Overvalued in 2026?

Based on GuruFocus' analysis, Eltel AB stock appears to be overvalued. The current stock price of €1.25 is trading 92.3% above its estimated GF Value™ of €0.65. GuruFocus considers Eltel AB to be Significantly Overvalued.

Key valuation signals for FRA:E5E:

  • Cyclically Adjusted PB Ratio: 0.74 (131% above median its 10-year median of 0.32)
  • GF Value™: €0.65 vs. price of €1.25 (92.3% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 58% below the Telecommunication Services median (#62 of 288)

No single metric tells the full story. See the FRA:E5E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eltel AB Business Description

Other Exchanges ELTEL:Sweden0R53:UK
Address Adolfsbergsvagen 13, Bromma, Stockholm, SWE, 168 66
Eltel AB provides technical services for infrastructure networks. It operates in two key business areas: Communication and Power. In the Communication business, which derives key revenue, it establishes networks and supports digitalization by providing design, installation, upgrades, and services to mobile and fixed communication networks. In the Power business, it enables the transmission of renewable energy and electrification by providing maintenance and upgrades to power distribution and transmission, smart grids, and turnkey solutions in e-mobility, solar photovoltaic, wind energy, and battery energy storage systems. The company reports its operations in the following geographical segments: Finland (its maximum revenue-generating market), Denmark and Germany, Norway, and Sweden.
50GF Score

Get the complete analysis for FRA:E5E

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

€1.25
Price
€0.65
GF Value