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Elisa Oyj (LTS:0I8Y) Cyclically Adjusted PB Ratio : 5.97 (As of Jun. 03, 2025)


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What is Elisa Oyj Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Elisa Oyj's current share price is €46.48. Elisa Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €7.78. Elisa Oyj's Cyclically Adjusted PB Ratio for today is 5.97.

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

LTS:0I8Y' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.33   Med: 6.92   Max: 9.93
Current: 5.98

During the past years, Elisa Oyj's highest Cyclically Adjusted PB Ratio was 9.93. The lowest was 5.33. And the median was 6.92.

LTS:0I8Y's Cyclically Adjusted PB Ratio is ranked worse than
90.65% of 278 companies
in the Telecommunication Services industry
Industry Median: 1.53 vs LTS:0I8Y: 5.98

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.

Elisa Oyj's adjusted book value per share data for the three months ended in Mar. 2025 was €8.540. 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 €7.78 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elisa Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Elisa Oyj'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.

Elisa Oyj Cyclically Adjusted PB Ratio Chart

Elisa Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.52 8.55 7.02 5.60 5.47

Elisa Oyj Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.47 5.66 6.26 5.47 5.81

Competitive Comparison of Elisa Oyj's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Elisa Oyj'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.


Elisa Oyj's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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


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Elisa Oyj 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.

Elisa Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.48/7.78
=5.97

* 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.

Elisa Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Elisa Oyj's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.54/123.0100*123.0100
=8.540

Current CPI (Mar. 2025) = 123.0100.

Elisa Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.960 100.030 6.099
201509 5.378 100.130 6.607
201512 5.802 99.990 7.138
201603 4.768 100.080 5.860
201606 5.175 100.390 6.341
201609 5.714 100.540 6.991
201612 6.082 101.020 7.406
201703 6.575 100.910 8.015
201706 5.510 101.140 6.701
201709 6.051 101.320 7.346
201712 6.516 101.510 7.896
201803 7.107 101.730 8.594
201806 5.970 102.320 7.177
201809 6.527 102.600 7.825
201812 7.052 102.710 8.446
201903 7.447 102.870 8.905
201906 6.159 103.360 7.330
201909 6.695 103.540 7.954
201912 7.189 103.650 8.532
202003 7.584 103.490 9.014
202006 6.269 103.320 7.464
202009 6.831 103.710 8.102
202012 7.397 103.890 8.758
202103 7.863 104.870 9.223
202106 6.426 105.360 7.502
202109 6.940 106.290 8.032
202112 7.478 107.490 8.558
202203 8.016 110.950 8.887
202206 6.556 113.570 7.101
202209 7.210 114.920 7.718
202212 7.778 117.320 8.155
202303 8.302 119.750 8.528
202306 6.713 120.690 6.842
202309 7.371 121.280 7.476
202312 8.045 121.540 8.142
202403 8.515 122.360 8.560
202406 6.828 122.230 6.872
202409 7.478 122.260 7.524
202412 8.014 122.390 8.055
202503 8.540 123.010 8.540

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.


Elisa Oyj  (LTS:0I8Y) 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.


Elisa Oyj Cyclically Adjusted PB Ratio Related Terms

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


Elisa Oyj Business Description

Address
Ratavartijankatu 5, Helsinki, FIN, 00520
Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cable TV subscriptions, and Elisa Viihde entertainment service. The Corporate Customers segment provides corporate and public administration organizations with services such as IT and communication solutions for the digital environment and fixed and mobile subscriptions. The majority of revenue is generated from the Consumer Customers segment. The company generates the majority of its revenue in Finland.

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