TalkPool AG (FRA:TKPL) Cyclically Adjusted PB Ratio: (As of Aug. 03, 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:TKPL TalkPool AG FRA:TKPL
41 GF Score
Price €1.36
GF Value €0.64
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is TalkPool AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TalkPool AG  (FRA:TKPL) 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.


TalkPool AG Cyclically Adjusted PB Ratio Related Terms


TalkPool AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TalkPool AG'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.

TalkPool AG Cyclically Adjusted PB Ratio Chart

TalkPool AG 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 0.00 0.00 0.00 0.00

TalkPool AG 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 0.00 0.00 0.00 0.00 0.00

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

For the Telecom Services subindustry, TalkPool AG'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.


TalkPool AG Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


FRA:TKPL
41GF Score
TalkPool AG FRA:TKPL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TalkPool AG 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.

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

For example, TalkPool AG'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)
=0.275/108.0600*108.0600
=0.275

Current CPI (Mar. 2026) = 108.0600.

TalkPool AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.591 100.088 0.638
201609 0.438 99.604 0.475
201612 0.393 99.380 0.427
201703 0.141 100.040 0.152
201706 0.103 100.285 0.111
201709 0.147 100.254 0.158
201712 0.424 100.213 0.457
201803 0.432 100.836 0.463
201806 0.400 101.435 0.426
201809 0.305 101.246 0.326
201812 0.128 100.906 0.137
201903 0.057 101.571 0.061
201906 -0.131 102.044 -0.139
201909 -0.218 101.396 -0.232
201912 -0.601 101.063 -0.643
202003 -0.735 101.048 -0.786
202006 -0.785 100.743 -0.842
202009 -0.311 100.585 -0.334
202012 -0.357 100.241 -0.385
202103 -0.063 100.800 -0.068
202106 -0.443 101.352 -0.472
202109 -0.464 101.533 -0.494
202112 -0.528 101.776 -0.561
202203 -0.432 103.205 -0.452
202206 -0.528 104.783 -0.545
202209 -0.686 104.835 -0.707
202212 -0.196 104.666 -0.202
202303 -0.199 106.245 -0.202
202306 -0.189 106.576 -0.192
202309 -0.151 106.570 -0.153
202312 -0.008 106.461 -0.008
202403 0.024 107.355 0.024
202406 0.044 107.991 0.044
202409 0.078 107.468 0.078
202412 0.090 107.128 0.091
202503 0.177 107.722 0.178
202506 0.139 108.075 0.139
202509 0.220 107.710 0.221
202512 0.259 107.200 0.261
202603 0.275 108.060 0.275

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 TalkPool AG (FRA:TKPL) Overvalued in 2026?

Based on GuruFocus' analysis, TalkPool AG stock appears to be overvalued. The current stock price of €1.36 is trading 111.7% above its estimated GF Value™ of €0.64. GuruFocus considers TalkPool AG to be Significantly Overvalued.

Key valuation signals for FRA:TKPL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.64 vs. price of €1.36 (111.7% above fair value)
  • GF Score™: 41/100 with 4 warning signs

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


TalkPool AG Business Description

Other Exchanges TALK:Sweden
Address Gauggelistrasse 7, Chur, CHE, CH-7000
TalkPool AG specializes in the design, integration, management, and optimization of communication networks and solutions. The company has built large telecom networks in over 50 countries on all continents. It offers services for the complete communication network life cycle from planning and implementation of new networks to operation and optimization and finally repair and consulting.
41GF Score

Get the complete analysis for FRA:TKPL

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

€1.36
Price
€0.64
GF Value