Telekom Austria AG (XTER:TA1) Cyclically Adjusted PB Ratio: (As of Aug. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTER:TA1 Telekom Austria AG XTER:TA1
78 GF Score
Price €9.83
GF Value €9.10
! 4 Warning Signs
View Full Analysis

What is Telekom Austria AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telekom Austria AG  (XTER:TA1) 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.


Telekom Austria AG Cyclically Adjusted PB Ratio Related Terms


Telekom Austria AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Telekom Austria AG'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.

Telekom Austria AG Cyclically Adjusted PB Ratio Chart

Telekom Austria AG 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 1.64 1.06 1.53 1.45 1.50

Telekom Austria AG 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 1.68 1.56 1.50 1.48 1.56

XTER:TA1 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Telekom Austria AG'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.


Telekom Austria AG Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


XTER:TA1
78GF Score
Telekom Austria AG XTER:TA1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telekom Austria AG 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.

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

For example, Telekom Austria AG'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)
=8.136/142.1600*142.1600
=8.136

Current CPI (Jun. 2026) = 142.1600.

Telekom Austria AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.962 101.192 5.566
201612 4.169 102.092 5.805
201703 4.278 102.592 5.928
201706 4.215 102.991 5.818
201709 4.422 103.591 6.068
201712 4.484 104.291 6.112
201803 3.567 104.491 4.853
201806 3.475 105.091 4.701
201809 3.617 105.691 4.865
201812 3.685 106.291 4.929
201903 3.824 106.391 5.110
201906 3.730 106.791 4.965
201909 3.935 106.991 5.228
201912 3.981 108.091 5.236
202003 4.010 108.024 5.277
202006 4.227 107.915 5.568
202009 4.382 108.348 5.749
202012 4.204 109.321 5.467
202103 4.383 110.186 5.655
202106 4.334 110.943 5.553
202109 4.613 111.916 5.860
202112 4.688 113.971 5.848
202203 4.828 117.647 5.834
202206 4.898 120.567 5.775
202209 5.296 123.811 6.081
202212 5.407 125.541 6.123
202303 5.588 128.460 6.184
202306 5.498 130.191 6.003
202309 0.000 131.272 0.000
202312 6.924 132.570 7.425
202403 7.100 133.759 7.546
202406 6.972 134.083 7.392
202409 7.220 133.651 7.680
202412 7.508 135.273 7.890
202503 7.728 137.760 7.975
202506 7.538 138.517 7.736
202509 7.814 138.950 7.995
202512 8.057 140.350 8.161
202603 8.276 142.160 8.276
202606 8.136 142.160 8.136

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.

Is Telekom Austria AG (XTER:TA1) Overvalued in 2026?

Based on GuruFocus' analysis, Telekom Austria AG stock appears to be overvalued. The current stock price of €9.83 is trading 8% above its estimated GF Value™ of €9.10.

Key valuation signals for XTER:TA1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €9.10 vs. price of €9.83 (8% above fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the XTER:TA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telekom Austria AG Business Description

Address Lassallestrasse 9, Vienna, AUT, 1020
Telekom Austria AG is a telecommunications provider. The company offers products and services in the areas of voice telephony, broadband Internet, mobile and home entertainment, as well as smart home, data and IT solutions, wholesale, payment solutions, and digital services. It generates income in the form of Service revenues and Equipment revenues. Geographically, the company operates across Austria, Croatia, Serbia, Slovenia, North Macedonia, Bulgaria, and Belarus. A majority of its revenue is generated from its business in Austria.
78GF Score

Get the complete analysis for XTER:TA1

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

€9.83
Price
€9.10
GF Value