Telekom Slovenije (FRA:Q90) Cyclically Adjusted PB Ratio: 1.39 (As of Aug. 05, 2026) — 178% Above Median

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FRA:Q90 Telekom Slovenije FRA:Q90
45 GF Score
Price €162.00
GF Value €80.55
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Telekom Slovenije Cyclically Adjusted PB Ratio?

Telekom Slovenije FRA:Q90 45 Cyclically Adjusted PB Ratio is 1.39 as of Aug. 05, 2026, which is 178% above its 10-year median of 0.50. GuruFocus rates FRA:Q90 with a GF Score™ of 45/100 and a GF Value™ of €80.55 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 290 Telecommunication Services companies, Telekom Slovenije ranks better than 62.76% on this metric.

As of today (2026-08-05), Telekom Slovenije's current share price is €162.00. Telekom Slovenije's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €116.62. Telekom Slovenije's Cyclically Adjusted PB Ratio for today is 1.39.

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

FRA:Q90' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.5   Max: 1.23
Current: 1.23

During the past years, Telekom Slovenije's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.37. And the median was 0.50.

FRA:Q90's Cyclically Adjusted PB Ratio is ranked better than
62.76% of 290 companies
in the Telecommunication Services industry
Industry Median: 1.705 vs FRA:Q90: 1.23

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.

Telekom Slovenije's adjusted book value per share data for the three months ended in Mar. 2026 was €111.709. 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 €116.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telekom Slovenije  (FRA:Q90) 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.


Telekom Slovenije Cyclically Adjusted PB Ratio Related Terms


Telekom Slovenije Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Telekom Slovenije'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.

Telekom Slovenije Cyclically Adjusted PB Ratio Chart

Telekom Slovenije 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 0.48 0.39 0.51 0.65 0.77

Telekom Slovenije 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 0.77 0.77 0.80 0.77 0.93

FRA:Q90 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Telekom Slovenije'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.


Telekom Slovenije Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


FRA:Q90
45GF Score
Telekom Slovenije FRA:Q90
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Telekom Slovenije 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=162.00/116.62
=1.39

* 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.

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

For example, Telekom Slovenije'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)
=111.709/330.2130*330.2130
=111.709

Current CPI (Mar. 2026) = 330.2130.

Telekom Slovenije Quarterly Data

Book Value per Share CPI Adj_Book
201606 106.113 241.018 145.383
201609 107.063 241.428 146.435
201612 108.600 241.432 148.535
201703 110.092 243.801 149.113
201706 107.424 244.955 144.814
201709 108.357 246.819 144.968
201712 105.092 246.524 140.768
201803 106.391 249.554 140.778
201806 92.900 251.989 121.739
201809 94.306 252.439 123.361
201812 95.879 251.233 126.020
201903 97.468 254.202 126.613
201906 98.921 256.143 127.526
201909 95.928 256.759 123.371
201912 90.790 256.974 116.666
202003 92.515 258.115 118.357
202006 89.579 257.797 114.742
202009 91.511 260.280 116.099
202012 90.774 260.474 115.078
202103 92.299 264.877 115.066
202106 89.604 271.696 108.903
202109 91.865 274.310 110.587
202112 92.303 278.802 109.324
202203 94.201 287.504 108.195
202206 91.421 296.311 101.881
202209 93.794 296.808 104.350
202212 94.119 296.797 104.716
202303 95.404 301.836 104.373
202306 97.756 305.109 105.799
202309 100.220 307.789 107.522
202312 101.345 306.746 109.098
202403 96.898 312.332 102.445
202406 99.698 314.175 104.787
202409 102.076 315.301 106.904
202412 103.546 315.605 108.339
202503 105.855 319.799 109.302
202506 104.214 322.561 106.686
202509 107.114 324.800 108.899
202512 109.073 324.054 111.146
202603 111.709 330.213 111.709

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 1.39 mean?
Telekom Slovenije (FRA:Q90) has a Cyclically Adjusted PB Ratio of 1.39 as of Aug. 05, 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 Telekom Slovenije and its competitors. This is 178% above median its historical median of 0.50. Over the past decade, Telekom Slovenije's Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.23. According to the industry distribution chart, Telekom Slovenije ranks #108 out of 290 companies in the Telecommunication Services industry, placing it in the top 37.2%.
Is Telekom Slovenije's Cyclically Adjusted PB Ratio too high?
Telekom Slovenije's current Cyclically Adjusted PB Ratio of 1.39 is 178% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.23. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.71. Telekom Slovenije's value of 1.39 is 18.5% below this industry median. Based on the distribution chart, Telekom Slovenije ranks #108 out of 290 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Telekom Slovenije has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telekom Slovenije's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telekom Slovenije ranks #108 out of 290 companies for Cyclically Adjusted PB Ratio. This puts Telekom Slovenije in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Telekom Slovenije's value of 1.39 is 18.5% below this benchmark. Historically, Telekom Slovenije's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.23 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.71, Telekom Slovenije 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 1.71, based on 290 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. Telekom Slovenije's current Cyclically Adjusted PB Ratio of 1.39 is 18.5% 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 Telekom Slovenije and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telekom Slovenije's current Cyclically Adjusted PB Ratio is 1.39, which is 178% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telekom Slovenije stock overvalued right now?
Based on GuruFocus' analysis, Telekom Slovenije (FRA:Q90) is currently considered Significantly Overvalued. The stock's GF Value™ is €80.55, compared to a current price of €162.00 — trading 101.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.39, which is 178% above median its 10-year median of 0.50 and 18.5% below the Telecommunication Services industry median of 1.71. Telekom Slovenije's overall GF Score™ is 45/100 with 7 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 Telekom Slovenije (FRA:Q90), the current Cyclically Adjusted PB Ratio is 1.39 as of Aug. 05, 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 Telekom Slovenije (FRA:Q90) Overvalued in 2026?

Based on GuruFocus' analysis, Telekom Slovenije stock appears to be overvalued. The current stock price of €162.00 is trading 101.1% above its estimated GF Value™ of €80.55. GuruFocus considers Telekom Slovenije to be Significantly Overvalued.

Key valuation signals for FRA:Q90:

  • Cyclically Adjusted PB Ratio: 1.39 (178% above median its 10-year median of 0.50)
  • GF Value™: €80.55 vs. price of €162.00 (101.1% above fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 18.5% below the Telecommunication Services median (#108 of 290)

No single metric tells the full story. See the FRA:Q90 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telekom Slovenije Business Description

Other Exchanges TLSG:Slovenia
Address Cigaletova ulica 15, Ljubljana, SVN, 1000
Telekom Slovenije is a telecommunications operator engaged in the provision of comprehensive communications services and products. It offers services such as fixed and mobile communication services, digital and TV content and services, multimedia services and digital advertising, construction and maintenance of telecommunication networks, and other services. The company operates in the geographic segments of Slovenia and other countries, of which key revenue is derived from the operations carried out in Slovenia. It has a business presence in Kosovo, Bosnia and Herzegovina, Croatia, Serbia, and other countries.
45GF Score

Get the complete analysis for FRA:Q90

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

€162.00
Price
€80.55
GF Value