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Telkom SOC (FRA:TZL1) Cyclically Adjusted PB Ratio : 0.36 (As of Jun. 25, 2024)


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What is Telkom SOC Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Telkom SOC's current share price is €1.17. Telkom SOC's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was €3.24. Telkom SOC's Cyclically Adjusted PB Ratio for today is 0.36.

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

FRA:TZL1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.72   Max: 1.47
Current: 0.34

During the past 13 years, Telkom SOC's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.24. And the median was 0.72.

FRA:TZL1's Cyclically Adjusted PB Ratio is ranked better than
90.31% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.45 vs FRA:TZL1: 0.34

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.

Telkom SOC's adjusted book value per share data of for the fiscal year that ended in Mar24 was €2.615. 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 €3.24 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telkom SOC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Telkom SOC'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.

* Premium members only.

Telkom SOC Cyclically Adjusted PB Ratio Chart

Telkom SOC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.66 0.68 0.52 0.42

Telkom SOC Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.68 - 0.52 - 0.42

Competitive Comparison of Telkom SOC's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Telkom SOC'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.


Telkom SOC's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Telkom SOC 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.

Telkom SOC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.17/3.24
=0.36

* 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.

Telkom SOC's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Telkom SOC's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=2.615/155.4180*155.4180
=2.615

Current CPI (Mar24) = 155.4180.

Telkom SOC Annual Data

Book Value per Share CPI Adj_Book
201503 3.631 98.538 5.727
201603 2.965 104.969 4.390
201703 3.925 111.400 5.476
201803 3.732 115.542 5.020
201903 3.662 120.774 4.712
202003 3.204 125.679 3.962
202103 3.563 129.628 4.272
202203 4.243 137.594 4.793
202303 2.554 147.586 2.690
202403 2.615 155.418 2.615

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.


Telkom SOC  (FRA:TZL1) 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.


Telkom SOC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Telkom SOC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Telkom SOC (FRA:TZL1) Business Description

Traded in Other Exchanges
Address
61 Oak Avenue, Telkom Park, Highveld, Centurion, GT, ZAF, 0157
Telkom SA SOC Ltd provides fixed-line voice and data communications services in South Africa. The fixed-line segment has more than 4.5 million access lines in South Africa, where fixed-line penetration is 9.3%. Telkom offers wireless data services through subsidiary Swiftnet. The firm owns 75% of Multi-Links, a mobile operation in Nigeria with 1.78 million subscribers. The firm also owns Africa Online, which has more than 17,000 Internet customers throughout the continent.

Telkom SOC (FRA:TZL1) Headlines

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