Telecom Argentina (BUE:TECO2) Cyclically Adjusted PS Ratio: 2.46 (As of Aug. 31, 2026) — Near Median

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BUE:TECO2 Telecom Argentina SA BUE:TECO2
82 GF Score
Price ARS4,197.50
GF Value ARS3,651.16
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Telecom Argentina Cyclically Adjusted PS Ratio?

Telecom Argentina BUE:TECO2 +0.66% 82 Cyclically Adjusted PS Ratio is 2.46 as of Aug. 31, 2026, which is 5% above its 10-year median of 2.35. GuruFocus rates BUE:TECO2 with a GF Score™ of 82/100 and a GF Value™ of ARS3,651.16 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 302 Telecommunication Services companies, Telecom Argentina ranks worse than 72.85% on this metric.

As of today (2026-08-31), Telecom Argentina's current share price is ARS4197.50. Telecom Argentina's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS1,707.65. Telecom Argentina's Cyclically Adjusted PS Ratio for today is 2.46.

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

BUE:TECO2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 2.35   Max: 4.81
Current: 2.46

During the past years, Telecom Argentina's highest Cyclically Adjusted PS Ratio was 4.81. The lowest was 0.72. And the median was 2.35.

BUE:TECO2's Cyclically Adjusted PS Ratio is ranked worse than
72.85% of 302 companies
in the Telecommunication Services industry
Industry Median: 1.155 vs BUE:TECO2: 2.46

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Telecom Argentina's adjusted revenue per share data for the three months ended in Jun. 2026 was ARS1,187.883. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS1,707.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telecom Argentina  (BUE:TECO2) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Telecom Argentina Cyclically Adjusted PS Ratio Related Terms


Telecom Argentina Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Telecom Argentina's Cyclically Adjusted PS 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.

Telecom Argentina Cyclically Adjusted PS Ratio Chart

Telecom Argentina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.81 1.89 3.10 2.45

Telecom Argentina Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 1.75 1.70 2.45 2.18 2.37

BUE:TECO2 vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Telecom Argentina's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Telecom Argentina Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where Telecom Argentina's Cyclically Adjusted PS Ratio falls into.


BUE:TECO2
82GF Score
Telecom Argentina SA BUE:TECO2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telecom Argentina Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Telecom Argentina's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4197.50/1707.65
=2.46

* 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.

Telecom Argentina's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Telecom Argentina's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1187.883/333.9520*333.9520
=1,187.883

Current CPI (Jun. 2026) = 333.9520.

Telecom Argentina Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 13.839 241.428 19.143
201612 22.274 241.432 30.810
201703 9.733 243.801 13.332
201706 8.273 244.955 11.279
201709 8.902 246.819 12.045
201712 61.419 246.524 83.201
201803 22.624 249.554 30.275
201806 24.954 251.989 33.071
201809 26.672 252.439 35.284
201812 80.888 251.233 107.521
201903 30.522 254.202 40.098
201906 30.638 256.143 39.945
201909 33.692 256.759 43.821
201912 124.295 256.974 161.528
202003 41.570 258.115 53.784
202006 45.554 257.797 59.011
202009 47.384 260.280 60.796
202012 264.332 260.474 338.898
202103 59.450 264.877 74.953
202106 67.331 271.696 82.759
202109 81.802 274.310 99.588
202112 949.439 278.802 1,137.248
202203 111.338 287.504 129.325
202206 127.022 296.311 143.158
202209 164.010 296.808 184.535
202212 1,775.029 296.797 1,997.239
202303 386.877 301.836 428.042
202306 433.599 305.109 474.589
202309 478.365 307.789 519.027
202312 1,259.940 306.746 1,371.687
202403 495.165 312.332 529.441
202406 554.191 314.175 589.077
202409 601.460 315.301 637.038
202412 782.283 315.605 827.759
202503 838.668 319.799 875.784
202506 1,183.715 322.561 1,225.517
202509 958.918 324.800 985.938
202512 1,256.567 324.054 1,294.948
202603 1,094.705 330.213 1,107.100
202606 1,187.883 333.952 1,187.883

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 2.46 mean?
Telecom Argentina (BUE:TECO2) has a Cyclically Adjusted PS Ratio of 2.46 as of Aug. 31, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Telecom Argentina and its competitors. This is near median its historical median of 2.35. Over the past decade, Telecom Argentina's Cyclically Adjusted PS Ratio has ranged from 0.72 to 4.81. According to the industry distribution chart, Telecom Argentina ranks #220 out of 302 companies in the Telecommunication Services industry, placing it in the top 72.8%.
Is Telecom Argentina's Cyclically Adjusted PS Ratio too high?
Telecom Argentina's current Cyclically Adjusted PS Ratio of 2.46 is near median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 4.81. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. Telecom Argentina's value of 2.46 is 113% above this industry median. Based on the distribution chart, Telecom Argentina ranks #220 out of 302 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telecom Argentina has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Argentina's Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telecom Argentina ranks #220 out of 302 companies for Cyclically Adjusted PS Ratio. This places Telecom Argentina in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.16. Telecom Argentina's value of 2.46 is 113% above this benchmark. Historically, Telecom Argentina's own Cyclically Adjusted PS Ratio has ranged from 0.72 to 4.81 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 1.16, Telecom Argentina 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 PS Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.16, based on 302 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telecom Argentina's current Cyclically Adjusted PS Ratio of 2.46 is 113% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Telecom Argentina and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telecom Argentina's current Cyclically Adjusted PS Ratio is 2.46, which is near median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telecom Argentina stock overvalued right now?
Based on GuruFocus' analysis, Telecom Argentina (BUE:TECO2) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS3,651.16, compared to a current price of ARS4,197.50 — trading 15% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.46, which is near median its 10-year median of 2.35 and 113% above the Telecommunication Services industry median of 1.16. Telecom Argentina's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Telecom Argentina (BUE:TECO2), the current Cyclically Adjusted PS Ratio is 2.46 as of Aug. 31, 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 Telecom Argentina (BUE:TECO2) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom Argentina stock appears to be overvalued. The current stock price of ARS4,197.50 is trading 15% above its estimated GF Value™ of ARS3,651.16. GuruFocus considers Telecom Argentina to be Modestly Overvalued.

Key valuation signals for BUE:TECO2:

  • Cyclically Adjusted PS Ratio: 2.46 (near median its 10-year median of 2.35)
  • GF Value™: ARS3,651.16 vs. price of ARS4,197.50 (15% above fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 113% above the Telecommunication Services median (#220 of 302)

No single metric tells the full story. See the BUE:TECO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telecom Argentina Business Description

Other Exchanges TCMFF:USATEO:USATEO:Germany
Address General Hornos 690, Buenos Aires, ARG, C1272ACK
Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company operates in segments: ICT Services provided in Argentina: Personal Network; ICT Services provided in Argentina - TMA Network; and Other segments..
82GF Score

Get the complete analysis for BUE:TECO2

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

ARS4,197.50
Price
ARS3,651.16
GF Value