Cellcom Israel (FRA:F5U) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:F5U Cellcom Israel Ltd FRA:F5U
64 GF Score
Price €10.00
GF Value €6.39
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Cellcom Israel Cyclically Adjusted PB Ratio?

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 1.57 1.38 0.98 1.29 2.33

Cellcom Israel 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 1.67 1.90 2.37 2.26 2.17

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
64GF 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Cellcom Israel'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)
=4.897/333.9520*333.9520
=4.897

Current CPI (Jun. 2026) = 333.9520.

Cellcom Israel Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.123 241.428 4.320
201612 3.281 241.432 4.538
201703 3.499 243.801 4.793
201706 3.491 244.955 4.759
201709 3.406 246.819 4.608
201712 3.421 246.524 4.634
201803 3.241 249.554 4.337
201806 3.418 251.989 4.530
201809 3.460 252.439 4.577
201812 3.379 251.233 4.492
201903 3.508 254.202 4.609
201906 3.450 256.143 4.498
201909 3.700 256.759 4.812
201912 3.304 256.974 4.294
202003 3.225 258.115 4.173
202006 3.196 257.797 4.140
202009 3.026 260.280 3.883
202012 2.940 260.474 3.769
202103 2.969 264.877 3.743
202106 2.989 271.696 3.674
202109 3.119 274.310 3.797
202112 3.323 278.802 3.980
202203 3.365 287.504 3.909
202206 3.327 296.311 3.750
202209 3.567 296.808 4.013
202212 3.389 296.797 3.813
202303 3.337 301.836 3.692
202306 3.233 305.109 3.539
202309 3.336 307.789 3.620
202312 3.441 306.746 3.746
202403 3.479 312.332 3.720
202406 3.490 314.175 3.710
202409 3.481 315.301 3.687
202412 3.916 315.605 4.144
202503 3.754 319.799 3.920
202506 3.910 322.561 4.048
202509 4.086 324.800 4.201
202512 4.508 324.054 4.646
202603 4.432 330.213 4.482
202606 4.897 333.952 4.897

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.

Is Cellcom Israel (FRA:F5U) Overvalued in 2026?

Based on GuruFocus' analysis, Cellcom Israel stock appears to be overvalued. The current stock price of €10.00 is trading 56.5% above its estimated GF Value™ of €6.39. GuruFocus considers Cellcom Israel to be Significantly Overvalued.

Key valuation signals for FRA:F5U:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €6.39 vs. price of €10.00 (56.5% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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.
64GF 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.

€10.00
Price
€6.39
GF Value