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TIM (MEX:TIMB N) Cyclically Adjusted PB Ratio : 1.55 (As of Jun. 27, 2025)


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What is TIM Cyclically Adjusted PB Ratio?

As of today (2025-06-27), TIM's current share price is MXN238.00. TIM's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN153.11. TIM's Cyclically Adjusted PB Ratio for today is 1.55.

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

MEX:TIMB N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.26   Max: 1.87
Current: 1.87

During the past years, TIM's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.42. And the median was 1.26.

MEX:TIMB N's Cyclically Adjusted PB Ratio is ranked worse than
57.04% of 284 companies
in the Telecommunication Services industry
Industry Median: 1.54 vs MEX:TIMB N: 1.87

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.

TIM's adjusted book value per share data for the three months ended in Mar. 2025 was MXN179.538. 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 MXN153.11 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TIM Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TIM'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.

TIM Cyclically Adjusted PB Ratio Chart

TIM 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 1.55 1.34 1.19 1.65 1.27

TIM 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 1.62 1.43 1.67 1.27 1.55

Competitive Comparison of TIM's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, TIM'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.


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

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

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


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TIM 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.

TIM's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=238.00/153.11
=1.55

* 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.

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

For example, TIM'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)
=179.538/168.1016*168.1016
=179.538

Current CPI (Mar. 2025) = 168.1016.

TIM Quarterly Data

Book Value per Share CPI Adj_Book
201506 172.483 100.006 289.928
201509 151.405 101.392 251.020
201512 151.693 104.247 244.610
201603 160.509 106.979 252.216
201606 187.208 108.851 289.112
201609 208.345 109.986 318.432
201612 218.195 110.802 331.031
201703 215.396 111.869 323.668
201706 198.754 112.115 298.007
201709 213.338 112.777 317.994
201712 223.434 114.068 329.274
201803 209.836 114.868 307.081
201806 198.498 117.038 285.104
201809 183.763 117.881 262.050
201812 206.767 118.340 293.711
201903 207.828 120.124 290.836
201906 225.799 120.977 313.754
201909 218.445 121.292 302.748
201912 212.889 123.436 289.923
202003 223.915 124.092 303.328
202006 209.921 123.557 285.601
202009 196.445 125.095 263.981
202012 185.137 129.012 241.231
202103 175.795 131.660 224.452
202106 194.404 133.871 244.114
202109 198.279 137.913 241.682
202112 188.150 141.992 222.747
202203 209.427 146.537 240.246
202206 208.721 149.784 234.247
202209 200.434 147.800 227.966
202212 194.970 150.207 218.198
202303 180.233 153.352 197.568
202306 184.825 154.519 201.072
202309 0.000 155.464 0.000
202312 186.165 157.148 199.141
202403 172.300 159.372 181.737
202406 179.181 161.052 187.025
202409 190.805 162.342 197.574
202412 186.445 164.740 190.249
202503 179.538 168.102 179.538

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.


TIM  (MEX:TIMB N) 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.


TIM Cyclically Adjusted PB Ratio Related Terms

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


TIM Business Description

Traded in Other Exchanges
Address
Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057
TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 62 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to 10%-15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand. TIM also resells fiber network access from other providers, including Oi's former infrastructure business V.tal. In total, TIM claims it can offer fixed broadband service to about 16 million locations.

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