Telia Company AB (CHIX:TELIAS) Cyclically Adjusted PS Ratio: 1.80 (As of Aug. 03, 2026) — 12% Above Median

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CHIX:TELIAS Telia Company AB CHIX:TELIAS
62 GF Score
Price kr44.00
GF Value kr33.45
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Telia Company AB Cyclically Adjusted PS Ratio?

Telia Company AB CHIX:TELIAS -5.29% 62 Cyclically Adjusted PS Ratio is 1.80 as of Aug. 03, 2026, which is 12% above its 10-year median of 1.61. GuruFocus rates CHIX:TELIAS with a GF Score™ of 62/100 and a GF Value™ of kr33.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 301 Telecommunication Services companies, Telia Company AB ranks worse than 65.12% on this metric.

As of today (2026-08-03), Telia Company AB's current share price is kr43.995. Telia Company AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr24.49. Telia Company AB's Cyclically Adjusted PS Ratio for today is 1.80.

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

CHIX:TELIAs' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.61   Max: 2.14
Current: 1.85

During the past years, Telia Company AB's highest Cyclically Adjusted PS Ratio was 2.14. The lowest was 0.86. And the median was 1.61.

CHIX:TELIAs's Cyclically Adjusted PS Ratio is ranked worse than
65.12% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.17 vs CHIX:TELIAs: 1.85

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.

Telia Company AB's adjusted revenue per share data for the three months ended in Jun. 2026 was kr5.266. 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 kr24.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telia Company AB  (CHIX:TELIAs) 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.


Telia Company AB Cyclically Adjusted PS Ratio Related Terms


Telia Company AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Telia Company 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.

Telia Company AB Cyclically Adjusted PS Ratio Chart

Telia Company 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 1.57 1.08 1.03 1.24 1.63

Telia Company 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 1.38 1.47 1.63 2.00 1.96

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

For the Telecom Services subindustry, Telia Company 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.


Telia Company AB Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


CHIX:TELIAS
62GF Score
Telia Company AB CHIX:TELIAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telia Company 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.

Telia Company AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.995/24.49
=1.80

* 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.

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

For example, Telia Company 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)
=5.266/134.6100*134.6100
=5.266

Current CPI (Jun. 2026) = 134.6100.

Telia Company AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.971 101.138 6.616
201612 4.880 102.022 6.439
201703 4.440 102.022 5.858
201706 4.569 102.752 5.986
201709 4.530 103.279 5.904
201712 4.888 103.793 6.339
201803 4.585 103.962 5.937
201806 4.823 104.875 6.190
201809 4.830 105.679 6.152
201812 5.235 105.912 6.653
201903 4.944 105.886 6.285
201906 5.054 106.742 6.374
201909 5.074 107.214 6.371
201912 5.539 107.766 6.919
202003 5.480 106.563 6.922
202006 5.323 107.498 6.666
202009 5.265 107.635 6.584
202012 5.733 108.296 7.126
202103 5.334 108.360 6.626
202106 5.349 108.928 6.610
202109 5.201 110.338 6.345
202112 5.717 112.486 6.841
202203 5.335 114.825 6.254
202206 5.455 118.384 6.203
202209 5.237 122.296 5.764
202212 5.815 126.365 6.194
202303 5.518 127.042 5.847
202306 5.564 129.407 5.788
202309 5.581 130.224 5.769
202312 5.859 131.912 5.979
202403 4.924 132.205 5.014
202406 5.133 132.716 5.206
202409 5.087 132.304 5.176
202412 5.447 132.987 5.513
202503 5.095 132.825 5.163
202506 5.032 133.699 5.066
202509 5.051 133.480 5.094
202512 5.417 133.390 5.467
202603 5.078 133.560 5.118
202606 5.266 134.610 5.266

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 1.80 mean?
Telia Company AB (CHIX:TELIAS) has a Cyclically Adjusted PS Ratio of 1.80 as of Aug. 03, 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 Telia Company AB and its competitors. This is 12% above median its historical median of 1.61. Over the past decade, Telia Company AB's Cyclically Adjusted PS Ratio has ranged from 0.86 to 2.14. According to the industry distribution chart, Telia Company AB ranks #196 out of 301 companies in the Telecommunication Services industry, placing it in the top 65.1%.
Is Telia Company AB's Cyclically Adjusted PS Ratio too high?
Telia Company AB's current Cyclically Adjusted PS Ratio of 1.80 is 12% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 2.14. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.17. Telia Company AB's value of 1.80 is 53.8% above this industry median. Based on the distribution chart, Telia Company AB ranks #196 out of 301 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telia Company AB has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telia Company AB's Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telia Company AB ranks #196 out of 301 companies for Cyclically Adjusted PS Ratio. This places Telia Company AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.17. Telia Company AB's value of 1.80 is 53.8% above this benchmark. Historically, Telia Company AB's own Cyclically Adjusted PS Ratio has ranged from 0.86 to 2.14 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.17, Telia Company 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 1.17, based on 301 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. Telia Company AB's current Cyclically Adjusted PS Ratio of 1.80 is 53.8% 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 Telia Company AB and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telia Company AB's current Cyclically Adjusted PS Ratio is 1.80, which is 12% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telia Company AB stock overvalued right now?
Based on GuruFocus' analysis, Telia Company AB (CHIX:TELIAS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr33.45, compared to a current price of kr44.00 — trading 31.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.80, which is 12% above median its 10-year median of 1.61 and 53.8% above the Telecommunication Services industry median of 1.17. Telia Company AB's overall GF Score™ is 62/100 with 4 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 Telia Company AB (CHIX:TELIAS), the current Cyclically Adjusted PS Ratio is 1.80 as of Aug. 03, 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 Telia Company AB (CHIX:TELIAS) Overvalued in 2026?

Based on GuruFocus' analysis, Telia Company AB stock appears to be overvalued. The current stock price of kr44.00 is trading 31.5% above its estimated GF Value™ of kr33.45. GuruFocus considers Telia Company AB to be Significantly Overvalued.

Key valuation signals for CHIX:TELIAS:

  • Cyclically Adjusted PS Ratio: 1.80 (12% above median its 10-year median of 1.61)
  • GF Value™: kr33.45 vs. price of kr44.00 (31.5% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 53.8% above the Telecommunication Services median (#196 of 301)

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


Telia Company AB Business Description

Address Stjarntorget 1, Solna, SWE, 169 94
Telia is the incumbent telecom operator in Sweden. It also operates in Norway, Finland, and the Baltic countries. In the past five years, Telia has been narrowing its business focus, divesting businesses in Asia and focusing on its core markets.
62GF Score

Get the complete analysis for CHIX:TELIAS

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

kr44.00
Price
kr33.45
GF Value