Cellcom Israel (FRA:F5U) Cyclically Adjusted PB Ratio: 2.11 (As of Aug. 02, 2026) — 47% Above Median

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FRA:F5U Cellcom Israel Ltd FRA:F5U
58 GF Score
Price €9.25
GF Value €4.61
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Cellcom Israel Cyclically Adjusted PB Ratio?

Cellcom Israel FRA:F5U -0.54% 58 Cyclically Adjusted PB Ratio is 2.11 as of Aug. 02, 2026, which is 47% above its 10-year median of 1.44. GuruFocus rates FRA:F5U with a GF Score™ of 58/100 and a GF Value™ of €4.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 289 Telecommunication Services companies, Cellcom Israel ranks worse than 56.75% on this metric.

As of today (2026-08-02), Cellcom Israel's current share price is €9.25. Cellcom Israel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €4.38. Cellcom Israel's Cyclically Adjusted PB Ratio for today is 2.11.

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

FRA:F5U' 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.

FRA:F5U's Cyclically Adjusted PB Ratio is ranked worse than
56.75% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.7 vs FRA:F5U: 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 €4.574. 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 €4.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cellcom Israel  (FRA:F5U) 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

FRA:F5U 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.


FRA:F5U
58GF Score
Cellcom Israel Ltd FRA:F5U
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
=9.25/4.38
=2.11

* 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)
=4.574/330.2130*330.2130
=4.574

Current CPI (Mar. 2026) = 330.2130.

Cellcom Israel Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.585 241.018 4.912
201609 3.685 241.428 5.040
201612 3.715 241.432 5.081
201703 3.768 243.801 5.104
201706 3.901 244.955 5.259
201709 4.001 246.819 5.353
201712 4.040 246.524 5.411
201803 3.951 249.554 5.228
201806 4.129 251.989 5.411
201809 4.134 252.439 5.408
201812 4.091 251.233 5.377
201903 4.046 254.202 5.256
201906 3.966 256.143 5.113
201909 3.143 256.759 4.042
201912 3.627 256.974 4.661
202003 3.543 258.115 4.533
202006 3.560 257.797 4.560
202009 3.232 260.280 4.100
202012 3.267 260.474 4.142
202103 3.292 264.877 4.104
202106 3.273 271.696 3.978
202109 3.302 274.310 3.975
202112 3.333 278.802 3.948
202203 3.382 287.504 3.884
202206 3.452 296.311 3.847
202209 3.522 296.808 3.918
202212 3.616 296.797 4.023
202303 3.696 301.836 4.043
202306 3.709 305.109 4.014
202309 3.810 307.789 4.088
202312 3.879 306.746 4.176
202403 3.897 312.332 4.120
202406 3.993 314.175 4.197
202409 4.095 315.301 4.289
202412 4.183 315.605 4.377
202503 4.283 319.799 4.422
202506 4.376 322.561 4.480
202509 4.495 324.800 4.570
202512 4.780 324.054 4.871
202603 4.574 330.213 4.574

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 2.11 mean?
Cellcom Israel (FRA:F5U) has a Cyclically Adjusted PB Ratio of 2.11 as of Aug. 02, 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 47% 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 #164 out of 289 companies in the Telecommunication Services industry, placing it in the top 56.7%.
Is Cellcom Israel's Cyclically Adjusted PB Ratio too high?
Cellcom Israel's current Cyclically Adjusted PB Ratio of 2.11 is 47% 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 1.70. Cellcom Israel's value of 2.11 is 24.1% above this industry median. Based on the distribution chart, Cellcom Israel ranks #164 out of 289 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Cellcom Israel has a GF Score™ of 58/100 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 #164 out of 289 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 1.70. Cellcom Israel's value of 2.11 is 24.1% 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 1.70, 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 1.70, based on 289 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 2.11 is 24.1% 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 1.70 — 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 2.11, which is 47% 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 (FRA:F5U) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.61, compared to a current price of €9.25 — trading 100.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.11, which is 47% above median its 10-year median of 1.44 and 24.1% above the Telecommunication Services industry median of 1.70. Cellcom Israel's overall GF Score™ is 58/100 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 (FRA:F5U), the current Cyclically Adjusted PB Ratio is 2.11 as of Aug. 02, 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 (FRA:F5U) Overvalued in 2026?

Based on GuruFocus' analysis, Cellcom Israel stock appears to be overvalued. The current stock price of €9.25 is trading 100.7% above its estimated GF Value™ of €4.61. GuruFocus considers Cellcom Israel to be Significantly Overvalued.

Key valuation signals for FRA:F5U:

  • Cyclically Adjusted PB Ratio: 2.11 (47% above median its 10-year median of 1.44)
  • GF Value™: €4.61 vs. price of €9.25 (100.7% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 24.1% above the Telecommunication Services median (#164 of 289)

No single metric tells the full story. See the FRA:F5U stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cellcom Israel Business Description

Other Exchanges CELJF:USACEL:Israel
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.
58GF Score

Get the complete analysis for FRA:F5U

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

€9.25
Price
€4.61
GF Value