T-Mobile US (XSWX:TMUS) Cyclically Adjusted PB Ratio: 3.49 (As of Jul. 25, 2026) — Near Median

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XSWX:TMUS T-Mobile US Inc XSWX:TMUS
76 GF Score
Price CHF146.66
GF Value CHF186.14
! 1 Warning Sign
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What is T-Mobile US Cyclically Adjusted PB Ratio?

T-Mobile US XSWX:TMUS 76 Cyclically Adjusted PB Ratio is 3.49 as of Jul. 25, 2026, which is 9% below its 10-year median of 3.82. GuruFocus rates XSWX:TMUS with a GF Score™ of 76/100 and a GF Value™ of CHF186.14. The stock has 1 warning sign investors should review. Among 288 Telecommunication Services companies, T-Mobile US ranks worse than 79.51% on this metric.

As of today (2026-07-25), T-Mobile US's current share price is CHF146.66. T-Mobile US's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CHF42.08. T-Mobile US's Cyclically Adjusted PB Ratio for today is 3.49.

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

XSWX:TMUS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.75   Med: 3.82   Max: 5.99
Current: 3.48

During the past years, T-Mobile US's highest Cyclically Adjusted PB Ratio was 5.99. The lowest was 2.75. And the median was 3.82.

XSWX:TMUS's Cyclically Adjusted PB Ratio is ranked worse than
79.51% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.78 vs XSWX:TMUS: 3.48

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.

T-Mobile US's adjusted book value per share data for the three months ended in Jun. 2026 was CHF41.842. 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 CHF42.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


T-Mobile US  (XSWX:TMUS) 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.


T-Mobile US Cyclically Adjusted PB Ratio Related Terms


T-Mobile US Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for T-Mobile US'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.

T-Mobile US Cyclically Adjusted PB Ratio Chart

T-Mobile US 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 3.66 3.83 3.90 4.88 4.13

T-Mobile US 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 5.01 4.92 4.13 4.15 3.24

XSWX:TMUS vs VZ, T, CMCSA: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, T-Mobile US'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.


T-Mobile US Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where T-Mobile US's Cyclically Adjusted PB Ratio falls into.


XSWX:TMUS
76GF Score
T-Mobile US Inc XSWX:TMUS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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T-Mobile US 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.

T-Mobile US's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=146.66/42.08
=3.49

* 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.

T-Mobile US's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, T-Mobile US'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)
=41.842/333.9520*333.9520
=41.842

Current CPI (Jun. 2026) = 333.9520.

T-Mobile US Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.085 241.428 29.166
201612 22.496 241.432 31.117
201703 22.859 243.801 31.312
201706 22.849 244.955 31.150
201709 23.459 246.819 31.741
201712 25.908 246.524 35.096
201803 25.422 249.554 34.020
201806 27.332 251.989 36.222
201809 27.798 252.439 36.774
201812 28.838 251.233 38.333
201903 30.659 254.202 40.278
201906 31.182 256.143 40.654
201909 32.154 256.759 41.821
201912 33.012 256.974 42.901
202003 32.280 258.115 41.764
202006 48.433 257.797 62.740
202009 47.562 260.280 61.024
202012 46.748 260.474 59.935
202103 49.502 264.877 62.411
202106 49.081 271.696 60.327
202109 50.555 274.310 61.547
202112 50.946 278.802 61.024
202203 51.889 287.504 60.272
202206 54.184 296.311 61.067
202209 54.617 296.808 61.452
202212 52.588 296.797 59.171
202303 51.415 301.836 56.886
202306 50.154 305.109 54.895
202309 50.089 307.789 54.347
202312 46.801 306.746 50.952
202403 46.854 312.332 50.097
202406 47.982 314.175 51.002
202409 46.739 315.301 49.504
202412 48.095 315.605 50.891
202503 47.473 319.799 49.574
202506 44.075 322.561 45.631
202509 43.045 324.800 44.258
202512 42.621 324.054 43.923
202603 40.514 330.213 40.973
202606 41.842 333.952 41.842

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 3.49 mean?
T-Mobile US (XSWX:TMUS) has a Cyclically Adjusted PB Ratio of 3.49 as of Jul. 25, 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 T-Mobile US and its competitors. This is near median its historical median of 3.82. Over the past decade, T-Mobile US's Cyclically Adjusted PB Ratio has ranged from 2.75 to 5.99. According to the industry distribution chart, T-Mobile US ranks #229 out of 288 companies in the Telecommunication Services industry, placing it in the top 79.5%.
Is T-Mobile US's Cyclically Adjusted PB Ratio too high?
T-Mobile US's current Cyclically Adjusted PB Ratio of 3.49 is near median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 5.99. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.78. T-Mobile US's value of 3.49 is 96.1% above this industry median. Based on the distribution chart, T-Mobile US ranks #229 out of 288 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, T-Mobile US has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does T-Mobile US's Cyclically Adjusted PB Ratio compare to VZ and T?
According to the Telecommunication Services industry distribution chart, T-Mobile US ranks #229 out of 288 companies for Cyclically Adjusted PB Ratio. This places T-Mobile US in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. T-Mobile US's value of 3.49 is 96.1% above this benchmark. Historically, T-Mobile US's own Cyclically Adjusted PB Ratio has ranged from 2.75 to 5.99 over the past decade. While the company's 10-year median is 3.82 vs. the industry median of 1.78, T-Mobile US has consistently been above 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 1.78, based on 288 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. T-Mobile US's current Cyclically Adjusted PB Ratio of 3.49 is 96.1% above 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 T-Mobile US and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T-Mobile US's current Cyclically Adjusted PB Ratio is 3.49, which is near median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T-Mobile US stock overvalued right now?
T-Mobile US (XSWX:TMUS) has a current Cyclically Adjusted PB Ratio of 3.49. The stock's GF Value™ is CHF186.14, compared to a current price of CHF146.66 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.49, which is near median its 10-year median of 3.82 and 96.1% above the Telecommunication Services industry median of 1.78. T-Mobile US's overall GF Score™ is 76/100 with 1 warning sign 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 T-Mobile US (XSWX:TMUS), the current Cyclically Adjusted PB Ratio is 3.49 as of Jul. 25, 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 T-Mobile US (XSWX:TMUS) Overvalued in 2026?

Based on GuruFocus' analysis, T-Mobile US stock appears to be undervalued. The current stock price of CHF146.66 is trading 21.2% below its estimated GF Value™ of CHF186.14.

Key valuation signals for XSWX:TMUS:

  • Cyclically Adjusted PB Ratio: 3.49 (near median its 10-year median of 3.82)
  • GF Value™: CHF186.14 vs. price of CHF146.66 (21.2% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 96.1% above the Telecommunication Services median (#229 of 288)

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


T-Mobile US Business Description

Address 12920 SE 38th Street, Bellevue, WA, USA, 98006-1350
Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the US. T-Mobile now serves about 86 million postpaid and 26 million prepaid phone customers, equal to around 30% of the US retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves 8 million residential and business customers with its wireless network. It also serves 1 million fiber broadband customers through joint ventures with fiber network owners. T-Mobile owns a stake in these firms, which provide wholesale access to their networks. In addition, T-Mobile provides wholesale services to wireless resellers.
76GF Score

Get the complete analysis for XSWX:TMUS

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

CHF146.66
Price
CHF186.14
GF Value