Magyar Telekom Telecommunications (FRA:MGYB) Cyclically Adjusted PB Ratio: 2.77 (As of Sep. 06, 2026) — 251% Above Median

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FRA:MGYB Magyar Telekom Telecommunications PLC FRA:MGYB
76 GF Score
Price €7.10
GF Value €1.91
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Magyar Telekom Telecommunications Cyclically Adjusted PB Ratio?

Magyar Telekom Telecommunications FRA:MGYB +0.14% 76 Cyclically Adjusted PB Ratio is 2.77 as of Sep. 06, 2026, which is 251% above its 10-year median of 0.79. GuruFocus rates FRA:MGYB with a GF Score™ of 76/100 and a GF Value™ of €1.91 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 286 Telecommunication Services companies, Magyar Telekom Telecommunications ranks worse than 66.43% on this metric.

As of today (2026-09-06), Magyar Telekom Telecommunications's current share price is €7.10. Magyar Telekom Telecommunications's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.56. Magyar Telekom Telecommunications's Cyclically Adjusted PB Ratio for today is 2.77.

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

FRA:MGYB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.79   Max: 3.06
Current: 2.9

During the past years, Magyar Telekom Telecommunications's highest Cyclically Adjusted PB Ratio was 3.06. The lowest was 0.40. And the median was 0.79.

FRA:MGYB's Cyclically Adjusted PB Ratio is ranked worse than
66.43% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.77 vs FRA:MGYB: 2.90

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.

Magyar Telekom Telecommunications's adjusted book value per share data for the three months ended in Jun. 2026 was €2.539. 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 €2.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magyar Telekom Telecommunications  (FRA:MGYB) 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.


Magyar Telekom Telecommunications Cyclically Adjusted PB Ratio Related Terms


Magyar Telekom Telecommunications Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Magyar Telekom Telecommunications'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.

Magyar Telekom Telecommunications Cyclically Adjusted PB Ratio Chart

Magyar Telekom Telecommunications 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 0.69 0.45 0.86 1.51 2.02

Magyar Telekom Telecommunications 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 2.03 2.01 2.02 2.29 2.93

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

For the Telecom Services subindustry, Magyar Telekom Telecommunications'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.


Magyar Telekom Telecommunications Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where Magyar Telekom Telecommunications's Cyclically Adjusted PB Ratio falls into.


FRA:MGYB
76GF Score
Magyar Telekom Telecommunications PLC FRA:MGYB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Magyar Telekom Telecommunications 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.

Magyar Telekom Telecommunications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.10/2.56
=2.77

* 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.

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

For example, Magyar Telekom Telecommunications'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)
=2.539/175.2800*175.2800
=2.539

Current CPI (Jun. 2026) = 175.2800.

Magyar Telekom Telecommunications Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.377 100.370 2.405
201612 1.431 101.406 2.473
201703 1.441 102.147 2.473
201706 1.397 102.724 2.384
201709 1.447 102.902 2.465
201712 1.501 103.627 2.539
201803 1.517 104.219 2.551
201806 1.494 105.922 2.472
201809 1.529 106.588 2.514
201812 1.554 106.440 2.559
201903 1.561 108.068 2.532
201906 1.529 109.475 2.448
201909 1.565 109.623 2.502
201912 1.598 110.659 2.531
202003 1.605 112.287 2.505
202006 1.563 112.583 2.433
202009 1.616 113.398 2.498
202012 1.677 113.694 2.585
202103 1.701 116.358 2.562
202106 1.702 118.579 2.516
202109 1.756 119.541 2.575
202112 1.812 122.058 2.602
202203 1.864 126.351 2.586
202206 1.889 132.420 2.500
202209 1.950 143.597 2.380
202212 1.988 152.036 2.292
202303 2.009 158.105 2.227
202306 2.010 158.993 2.216
202309 2.088 161.140 2.271
202312 2.153 160.400 2.353
202403 2.261 163.879 2.418
202406 2.251 164.841 2.394
202409 2.389 165.877 2.524
202412 2.507 167.802 2.619
202503 2.664 171.577 2.722
202506 2.497 172.391 2.539
202509 2.664 173.060 2.698
202512 2.796 173.280 2.828
202603 2.979 174.690 2.989
202606 2.539 175.280 2.539

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 2.77 mean?
Magyar Telekom Telecommunications (FRA:MGYB) has a Cyclically Adjusted PB Ratio of 2.77 as of Sep. 06, 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 Magyar Telekom Telecommunications and its competitors. This is 251% above median its historical median of 0.79. Over the past decade, Magyar Telekom Telecommunications' Cyclically Adjusted PB Ratio has ranged from 0.40 to 3.06. According to the industry distribution chart, Magyar Telekom Telecommunications ranks #190 out of 286 companies in the Telecommunication Services industry, placing it in the top 66.4%.
Is Magyar Telekom Telecommunications' Cyclically Adjusted PB Ratio too high?
Magyar Telekom Telecommunications' current Cyclically Adjusted PB Ratio of 2.77 is 251% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 3.06. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.77. Magyar Telekom Telecommunications' value of 2.77 is 56.5% above this industry median. Based on the distribution chart, Magyar Telekom Telecommunications ranks #190 out of 286 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Magyar Telekom Telecommunications has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magyar Telekom Telecommunications' Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Magyar Telekom Telecommunications ranks #190 out of 286 companies for Cyclically Adjusted PB Ratio. This places Magyar Telekom Telecommunications in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.77. Magyar Telekom Telecommunications' value of 2.77 is 56.5% above this benchmark. Historically, Magyar Telekom Telecommunications' own Cyclically Adjusted PB Ratio has ranged from 0.40 to 3.06 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.77, Magyar Telekom Telecommunications 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 1.77, based on 286 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. Magyar Telekom Telecommunications's current Cyclically Adjusted PB Ratio of 2.77 is 56.5% 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 Magyar Telekom Telecommunications and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magyar Telekom Telecommunications's current Cyclically Adjusted PB Ratio is 2.77, which is 251% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magyar Telekom Telecommunications stock overvalued right now?
Based on GuruFocus' analysis, Magyar Telekom Telecommunications (FRA:MGYB) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.91, compared to a current price of €7.10 — trading 271.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.77, which is 251% above median its 10-year median of 0.79 and 56.5% above the Telecommunication Services industry median of 1.77. Magyar Telekom Telecommunications' overall GF Score™ is 76/100 with 6 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 Magyar Telekom Telecommunications (FRA:MGYB), the current Cyclically Adjusted PB Ratio is 2.77 as of Sep. 06, 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 Magyar Telekom Telecommunications (FRA:MGYB) Overvalued in 2026?

Based on GuruFocus' analysis, Magyar Telekom Telecommunications stock appears to be overvalued. The current stock price of €7.10 is trading 271.7% above its estimated GF Value™ of €1.91. GuruFocus considers Magyar Telekom Telecommunications to be Significantly Overvalued.

Key valuation signals for FRA:MGYB:

  • Cyclically Adjusted PB Ratio: 2.77 (251% above median its 10-year median of 0.79)
  • GF Value™: €1.91 vs. price of €7.10 (271.7% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 56.5% above the Telecommunication Services median (#190 of 286)

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


Magyar Telekom Telecommunications Business Description

Address Konyves Kalman Korut. 36, Budapest, HUN, 1097
Magyar Telekom Telecommunications PLC, formerly known as Magyar Telekom PLC, is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. The company derives maximum revenue from the MT Hungary segment. Magyar controls the majority share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives majority of its revenue from Hungary, while it also has its presence in North Macedonia and Other Countries.
76GF Score

Get the complete analysis for FRA:MGYB

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

€7.10
Price
€1.91
GF Value