Eltel AB (LTS:0R53) Cyclically Adjusted PB Ratio: 0.73 (As of Aug. 04, 2026) — 128% Above Median

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LTS:0R53 Eltel AB LTS:0R53
51 GF Score
Price kr13.45
GF Value kr7.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Eltel AB Cyclically Adjusted PB Ratio?

Eltel AB LTS:0R53 51 Cyclically Adjusted PB Ratio is 0.73 as of Aug. 04, 2026, which is 128% above its 10-year median of 0.32. GuruFocus rates LTS:0R53 with a GF Score™ of 51/100 and a GF Value™ of kr7.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 289 Telecommunication Services companies, Eltel AB ranks better than 79.24% on this metric.

As of today (2026-08-04), Eltel AB's current share price is kr13.45. Eltel AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr18.36. Eltel AB's Cyclically Adjusted PB Ratio for today is 0.73.

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

LTS:0R53' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.32   Max: 0.74
Current: 0.72

During the past years, Eltel AB's highest Cyclically Adjusted PB Ratio was 0.74. The lowest was 0.25. And the median was 0.32.

LTS:0R53's Cyclically Adjusted PB Ratio is ranked better than
79.24% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.7 vs LTS:0R53: 0.72

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.

Eltel AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr10.876. 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 kr18.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eltel AB  (LTS:0R53) 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.


Eltel AB Cyclically Adjusted PB Ratio Related Terms


Eltel AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eltel AB'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.

Eltel AB Cyclically Adjusted PB Ratio Chart

Eltel AB 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 0.34 0.28 0.28 0.46

Eltel AB 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 0.48 0.43 0.46 0.44 0.66

LTS:0R53 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Eltel AB'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.


Eltel AB Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


LTS:0R53
51GF Score
Eltel AB LTS:0R53
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eltel AB 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.

Eltel AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.45/18.36
=0.73

* 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.

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

For example, Eltel AB'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)
=10.876/134.6100*134.6100
=10.876

Current CPI (Jun. 2026) = 134.6100.

Eltel AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.951 101.138 46.518
201612 29.067 102.022 38.352
201703 14.864 102.022 19.612
201706 25.865 102.752 33.884
201709 17.720 103.279 23.096
201712 17.572 103.793 22.789
201803 17.322 103.962 22.429
201806 17.308 104.875 22.215
201809 16.994 105.679 21.646
201812 16.015 105.912 20.354
201903 15.793 105.886 20.077
201906 15.629 106.742 19.709
201909 15.139 107.214 19.007
201912 14.251 107.766 17.801
202003 13.602 106.563 17.182
202006 14.430 107.498 18.069
202009 14.156 107.635 17.704
202012 13.743 108.296 17.082
202103 13.667 108.360 16.978
202106 13.743 108.928 16.983
202109 14.055 110.338 17.147
202112 14.437 112.486 17.277
202203 14.707 114.825 17.241
202206 14.598 118.384 16.599
202209 14.921 122.296 16.423
202212 14.316 126.365 15.250
202303 13.275 127.042 14.066
202306 15.111 129.407 15.719
202309 15.684 130.224 16.212
202312 15.423 131.912 15.738
202403 13.235 132.205 13.476
202406 12.906 132.716 13.090
202409 12.828 132.304 13.052
202412 13.305 132.987 13.467
202503 12.909 132.825 13.083
202506 10.525 133.699 10.597
202509 10.858 133.480 10.950
202512 11.144 133.390 11.246
202603 10.975 133.560 11.061
202606 10.876 134.610 10.876

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 0.73 mean?
Eltel AB (LTS:0R53) has a Cyclically Adjusted PB Ratio of 0.73 as of Aug. 04, 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 Eltel AB and its competitors. This is 128% above median its historical median of 0.32. Over the past decade, Eltel AB's Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.74. According to the industry distribution chart, Eltel AB ranks #60 out of 289 companies in the Telecommunication Services industry, placing it in the top 20.8%.
Is Eltel AB's Cyclically Adjusted PB Ratio too high?
Eltel AB's current Cyclically Adjusted PB Ratio of 0.73 is 128% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.74. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.70. Eltel AB's value of 0.73 is 57.1% below this industry median. Based on the distribution chart, Eltel AB ranks #60 out of 289 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Eltel AB has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eltel AB's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Eltel AB ranks #60 out of 289 companies for Cyclically Adjusted PB Ratio. This places Eltel AB in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.70. Eltel AB's value of 0.73 is 57.1% below this benchmark. Historically, Eltel AB's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.74 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 1.70, Eltel AB 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 1.70, based on 289 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. Eltel AB's current Cyclically Adjusted PB Ratio of 0.73 is 57.1% 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 Eltel AB and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eltel AB's current Cyclically Adjusted PB Ratio is 0.73, which is 128% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltel AB stock overvalued right now?
Based on GuruFocus' analysis, Eltel AB (LTS:0R53) is currently considered Significantly Overvalued. The stock's GF Value™ is kr7.16, compared to a current price of kr13.45 — trading 87.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 128% above median its 10-year median of 0.32 and 57.1% below the Telecommunication Services industry median of 1.70. Eltel AB's overall GF Score™ is 51/100 with 5 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 Eltel AB (LTS:0R53), the current Cyclically Adjusted PB Ratio is 0.73 as of Aug. 04, 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 Eltel AB (LTS:0R53) Overvalued in 2026?

Based on GuruFocus' analysis, Eltel AB stock appears to be overvalued. The current stock price of kr13.45 is trading 87.8% above its estimated GF Value™ of kr7.16. GuruFocus considers Eltel AB to be Significantly Overvalued.

Key valuation signals for LTS:0R53:

  • Cyclically Adjusted PB Ratio: 0.73 (128% above median its 10-year median of 0.32)
  • GF Value™: kr7.16 vs. price of kr13.45 (87.8% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 57.1% below the Telecommunication Services median (#60 of 289)

No single metric tells the full story. See the LTS:0R53 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eltel AB Business Description

Other Exchanges ELTEL:SwedenE5E:Germany
Address Adolfsbergsvagen 13, Bromma, Stockholm, SWE, 168 66
Eltel AB provides technical services for infrastructure networks. It operates in two key business areas: Communication and Power. In the Communication business, which derives key revenue, it establishes networks and supports digitalization by providing design, installation, upgrades, and services to mobile and fixed communication networks. In the Power business, it enables the transmission of renewable energy and electrification by providing maintenance and upgrades to power distribution and transmission, smart grids, and turnkey solutions in e-mobility, solar photovoltaic, wind energy, and battery energy storage systems. The company reports its operations in the following geographical segments: Finland (its maximum revenue-generating market), Denmark and Germany, Norway, and Sweden.
51GF Score

Get the complete analysis for LTS:0R53

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

kr13.45
Price
kr7.16
GF Value