Eltel AB (CHIX:ELTELS) Cyclically Adjusted PS Ratio: (As of Sep. 22, 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.
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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.

CHIX:ELTELS Eltel AB CHIX:ELTELS
49 GF Score
Price kr22.58
GF Value kr10.50
! 5 Warning Signs
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What is Eltel AB Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eltel AB  (CHIX:ELTELs) 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.


Eltel AB Cyclically Adjusted PS Ratio Related Terms


Eltel AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eltel AB'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.

Eltel AB Cyclically Adjusted PS Ratio Chart

Eltel AB 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 0.24 0.22 0.22 0.24 0.26

Eltel AB 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 0.24 0.25 0.26 0.26 0.27

CHIX:ELTELS vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Eltel AB'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.


Eltel AB Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


CHIX:ELTELS
49GF Score
Eltel AB CHIX:ELTELS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eltel AB 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.

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

For example, Eltel AB'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)
=13.866/134.6100*134.6100
=13.866

Current CPI (Jun. 2026) = 134.6100.

Eltel AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 32.260 101.138 42.937
201612 36.233 102.022 47.807
201703 26.944 102.022 35.551
201706 30.576 102.752 40.056
201709 19.973 103.279 26.032
201712 23.407 103.793 30.357
201803 16.979 103.962 21.984
201806 19.495 104.875 25.022
201809 19.658 105.679 25.040
201812 21.801 105.912 27.708
201903 16.697 105.886 21.226
201906 18.696 106.742 23.577
201909 19.180 107.214 24.081
201912 18.958 107.766 23.680
202003 16.110 106.563 20.350
202006 16.718 107.498 20.934
202009 14.994 107.635 18.752
202012 15.022 108.296 18.672
202103 11.759 108.360 14.608
202106 13.620 108.928 16.831
202109 12.603 110.338 15.375
202112 14.626 112.486 17.503
202203 12.309 114.825 14.430
202206 13.953 118.384 15.865
202209 14.030 122.296 15.443
202212 15.633 126.365 16.653
202303 13.464 127.042 14.266
202306 15.225 129.407 15.837
202309 16.015 130.224 16.554
202312 17.582 131.912 17.942
202403 12.691 132.205 12.922
202406 15.860 132.716 16.086
202409 15.362 132.304 15.630
202412 16.588 132.987 16.790
202503 12.156 132.825 12.319
202506 14.051 133.699 14.147
202509 14.774 133.480 14.899
202512 16.597 133.380 16.750
202603 13.052 133.550 13.156
202606 13.866 134.610 13.866

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.

Is Eltel AB (CHIX:ELTELS) Overvalued in 2026?

Based on GuruFocus' analysis, Eltel AB stock appears to be overvalued. The current stock price of kr22.58 is trading 115% above its estimated GF Value™ of kr10.50.

Key valuation signals for CHIX:ELTELS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr10.50 vs. price of kr22.58 (115% above fair value)
  • GF Score™: 49/100 with 5 warning signs

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


Eltel AB Business Description

Address Adolfsbergsvagen 13, Bromma, Stockholm, SWE, 168 66
Eltel AB provides technical services for infrastructure networks. It operates in two key business areas: Communication and Power. In the Communication business, which derives key revenue, it establishes networks and supports digitalization by providing design, installation, upgrades, and services to mobile and fixed communication networks. In the Power business, it enables the transmission of renewable energy and electrification by providing maintenance and upgrades to power distribution and transmission, smart grids, and turnkey solutions in e-mobility, solar photovoltaic, wind energy, and battery energy storage systems. The company reports its operations in the following geographical segments: Finland (its maximum revenue-generating market), Denmark and Germany, Norway, and Sweden.
49GF Score

Get the complete analysis for CHIX:ELTELS

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

kr22.58
Price
kr10.50
GF Value