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AT&T (MEX:T) Cyclically Adjusted PB Ratio : 1.07 (As of May. 31, 2025)


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What is AT&T Cyclically Adjusted PB Ratio?

As of today (2025-05-31), AT&T's current share price is MXN537.00. AT&T's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN504.12. AT&T's Cyclically Adjusted PB Ratio for today is 1.07.

The historical rank and industry rank for AT&T's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:T' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.09   Max: 1.7
Current: 1.13

During the past years, AT&T's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.56. And the median was 1.09.

MEX:T's Cyclically Adjusted PB Ratio is ranked better than
63.9% of 277 companies
in the Telecommunication Services industry
Industry Median: 1.51 vs MEX:T: 1.13

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.

AT&T's adjusted book value per share data for the three months ended in Mar. 2025 was MXN294.962. 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 MXN504.12 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AT&T Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AT&T'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.

AT&T Cyclically Adjusted PB Ratio Chart

AT&T 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 0.99 0.79 0.75 0.68 0.93

AT&T 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 0.71 0.77 0.89 0.93 1.15

Competitive Comparison of AT&T's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, AT&T'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.


AT&T's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AT&T's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AT&T's Cyclically Adjusted PB Ratio falls into.


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AT&T 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.

AT&T's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=537.00/504.12
=1.07

* 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.

AT&T's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, AT&T'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)
=294.962/134.9266*134.9266
=294.962

Current CPI (Mar. 2025) = 134.9266.

AT&T Quarterly Data

Book Value per Share CPI Adj_Book
201506 262.421 100.684 351.671
201509 334.607 100.392 449.713
201512 343.263 99.792 464.117
201603 345.140 100.470 463.505
201606 370.968 101.688 492.225
201609 389.216 101.861 515.561
201612 413.533 101.863 547.763
201703 379.310 102.862 497.549
201706 367.200 103.349 479.395
201709 369.384 104.136 478.604
201712 450.602 104.011 584.536
201803 431.232 105.290 552.616
201806 495.260 106.317 628.534
201809 473.005 106.507 599.220
201812 496.398 105.998 631.874
201903 492.078 107.251 619.059
201906 484.512 108.070 604.921
201909 494.806 108.329 616.292
201912 478.928 108.420 596.016
202003 585.044 108.902 724.857
202006 569.806 108.767 706.848
202009 544.297 109.815 668.763
202012 451.310 109.897 554.099
202103 473.783 111.754 572.022
202106 452.483 114.631 532.594
202109 471.627 115.734 549.837
202112 477.819 117.630 548.081
202203 470.142 121.301 522.953
202206 332.423 125.017 358.773
202209 345.514 125.227 372.278
202212 266.675 125.222 287.343
202303 250.610 127.348 265.524
202306 244.357 128.729 256.122
202309 252.656 129.860 262.515
202312 245.227 129.419 255.662
202403 241.975 131.776 247.760
202406 269.069 132.554 273.886
202409 280.905 133.029 284.912
202412 303.342 133.157 307.373
202503 294.962 134.927 294.962

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.


AT&T  (MEX:T) 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.


AT&T Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of AT&T's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AT&T Business Description

Address
208 S. Akard Street, Dallas, TX, USA, 75202
The wireless business contributes nearly 70% of AT&T's revenue. The firm is the third-largest US wireless carrier, connecting 73 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 15% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 24 million customers, but this business only accounts for 3% of revenue. The firm has agreed to sell its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG.