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Tele2 ABCHIX:TEL2BS 69 Cyclically Adjusted PS Ratio is 3.47 as of Aug. 06, 2026, which is 75% above its 10-year median of 1.98. GuruFocus rates CHIX:TEL2BS with a GF Score™ of 69/100 and a GF Value™ of kr128.86 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 303 Telecommunication Services companies, Tele2 AB ranks worse than 83.83% on this metric.
The historical rank and industry rank for Tele2 AB's Cyclically Adjusted PS Ratio or its related term are showing as below:
CHIX:TEL2Bs'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.98 Max: 4.1
Current: 3.39
During the past years, Tele2 AB's highest Cyclically Adjusted PS Ratio was 4.10. The lowest was 0.69. And the median was 1.98.
CHIX:TEL2Bs's Cyclically Adjusted PS Ratio is ranked worse than 83.83% of 303
companies
in the Telecommunication Services industry
Industry Median: 1.16
vs CHIX:TEL2Bs: 3.39
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.
Tele2 AB's adjusted revenue per share data for the three months ended in Jun. 2026 was kr10.583. 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 kr47.56 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tele2 AB (CHIX:TEL2Bs) 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.
Tele2 AB Cyclically Adjusted PS Ratio Related Terms
Tele2 AB Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Tele2 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.
CHIX:TEL2BS vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison
For the Telecom Services subindustry, Tele2 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.
Tele2 AB Cyclically Adjusted PS Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Tele2 AB's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Tele2 AB's Cyclically Adjusted PS Ratio falls into.
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.
Tele2 AB's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 3.47 mean?
Tele2 AB (CHIX:TEL2BS) has a Cyclically Adjusted PS Ratio of 3.47 as of Aug. 06, 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 Tele2 AB and its competitors. This is 75% above median its historical median of 1.98. Over the past decade, Tele2 AB's Cyclically Adjusted PS Ratio has ranged from 0.69 to 4.10. According to the industry distribution chart, Tele2 AB ranks #254 out of 303 companies in the Telecommunication Services industry, placing it in the top 83.8%.
Is Tele2 AB's Cyclically Adjusted PS Ratio too high?
Tele2 AB's current Cyclically Adjusted PS Ratio of 3.47 is 75% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 4.10. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. Tele2 AB's value of 3.47 is 199.1% above this industry median. Based on the distribution chart, Tele2 AB ranks #254 out of 303 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Tele2 AB has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tele2 AB's Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Tele2 AB ranks #254 out of 303 companies for Cyclically Adjusted PS Ratio. This places Tele2 AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.16. Tele2 AB's value of 3.47 is 199.1% above this benchmark. Historically, Tele2 AB's own Cyclically Adjusted PS Ratio has ranged from 0.69 to 4.10 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 1.16, Tele2 AB 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 303 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. Tele2 AB's current Cyclically Adjusted PS Ratio of 3.47 is 199.1% 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 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 Tele2 AB 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. Tele2 AB's current Cyclically Adjusted PS Ratio is 3.47, which is 75% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tele2 AB stock overvalued right now?
Based on GuruFocus' analysis, Tele2 AB (CHIX:TEL2BS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr128.86, compared to a current price of kr164.98 — trading 28% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.47, which is 75% above median its 10-year median of 1.98 and 199.1% above the Telecommunication Services industry median of 1.16. Tele2 AB's overall GF Score™ is 69/100 with 2 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 Tele2 AB (CHIX:TEL2BS), the current Cyclically Adjusted PS Ratio is 3.47 as of Aug. 06, 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 Tele2 AB (CHIX:TEL2BS) Overvalued in 2026?
Based on GuruFocus' analysis, Tele2 AB stock appears to be overvalued.
The current stock price of kr164.98 is trading 28% above its estimated GF Value™ of kr128.86.
GuruFocus considers Tele2 AB to be Modestly Overvalued.
Key valuation signals for CHIX:TEL2BS:
Cyclically Adjusted PS Ratio: 3.47 (75% above median its 10-year median of 1.98)
GF Value™: kr128.86 vs. price of kr164.98 (28% above fair value)
Industry Position: 199.1% above the Telecommunication Services median (#254 of 303)
No single metric tells the full story. See the CHIX:TEL2BS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tele2 is the second-largest telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. Tele2 is a well-managed firm, showing good cost discipline and a healthy dividend policy, which we expect will remain.
69GF Score
Get the complete analysis for CHIX:TEL2BS
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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