Telecom Argentina (MEX:TEO N) Cyclically Adjusted PS Ratio: 2.22 (As of Jul. 24, 2026) — Near Median

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MEX:TEO N Telecom Argentina SA MEX:TEO N
79 GF Score
Price MXN142.68
GF Value MXN106.90
! 11 Warning Signs
View Full Analysis

What is Telecom Argentina Cyclically Adjusted PS Ratio?

Telecom Argentina MEX:TEO N 79 Cyclically Adjusted PS Ratio is 2.22 as of Jul. 24, 2026, which is 6% below its 10-year median of 2.35. GuruFocus rates MEX:TEO N with a GF Score™ of 79/100 and a GF Value™ of MXN106.90. The stock has 11 warning signs investors should review. Among 302 Telecommunication Services companies, Telecom Argentina ranks worse than 79.14% on this metric.

As of today (2026-07-24), Telecom Argentina's current share price is MXN142.68. Telecom Argentina's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN64.17. Telecom Argentina's Cyclically Adjusted PS Ratio for today is 2.22.

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

MEX:TEO N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 2.35   Max: 4.81
Current: 2.87

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.

MEX:TEO N's Cyclically Adjusted PS Ratio is ranked worse than
79.14% of 302 companies
in the Telecommunication Services industry
Industry Median: 1.165 vs MEX:TEO N: 2.87

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 Mar. 2026 was MXN70.590. 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 MXN64.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telecom Argentina  (MEX:TEO N) 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 2.51

Telecom Argentina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.45 1.80 1.74 2.51 2.22

MEX:TEO N vs TMUS, VZ, 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.


MEX:TEO N
79GF Score
Telecom Argentina SA MEX:TEO N
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
=142.68/64.17
=2.22

* 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 Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=70.59/330.2130*330.2130
=70.590

Current CPI (Mar. 2026) = 330.2130.

Telecom Argentina Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 88.875 241.018 121.766
201609 89.691 241.428 122.675
201612 144.842 241.432 198.104
201703 59.436 243.801 80.502
201706 45.351 244.955 61.136
201709 46.098 246.819 61.673
201712 315.853 246.524 423.078
201803 101.996 249.554 134.962
201806 98.304 251.989 128.820
201809 67.788 252.439 88.673
201812 210.613 251.233 276.823
201903 75.731 254.202 98.376
201906 65.861 256.143 84.906
201909 59.467 256.759 76.479
201912 196.090 256.974 251.977
202003 78.520 258.115 100.453
202006 76.795 257.797 98.367
202009 70.499 260.280 89.441
202012 323.058 260.474 409.553
202103 67.452 264.877 84.090
202106 70.742 271.696 85.978
202109 86.009 274.310 103.537
202112 964.292 278.802 1,142.107
202203 103.232 287.504 118.567
202206 106.184 296.311 118.333
202209 118.714 296.808 132.075
202212 1,032.089 296.797 1,148.291
202303 176.499 301.836 193.092
202306 154.866 305.109 167.608
202309 119.054 307.789 127.728
202312 296.212 306.746 318.873
202403 48.771 312.332 51.563
202406 56.688 314.175 59.582
202409 62.298 315.301 65.244
202412 80.768 315.605 84.506
202503 80.474 319.799 83.095
202506 70.388 322.561 72.058
202509 64.766 324.800 65.845
202512 77.938 324.054 79.419
202603 70.590 330.213 70.590

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 2.22 mean?
Telecom Argentina (MEX:TEO N) has a Cyclically Adjusted PS Ratio of 2.22 as of Jul. 24, 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 #239 out of 302 companies in the Telecommunication Services industry, placing it in the top 79.1%.
Is Telecom Argentina's Cyclically Adjusted PS Ratio too high?
Telecom Argentina's current Cyclically Adjusted PS Ratio of 2.22 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 1.17. Telecom Argentina's value of 2.22 is 90.6% above this industry median. Based on the distribution chart, Telecom Argentina ranks #239 out of 302 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Telecom Argentina has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Telecom Argentina's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telecom Argentina ranks #239 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 1.17. Telecom Argentina's value of 2.22 is 90.6% 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 1.17, 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 1.17, 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 2.22 is 90.6% 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 1.17 — 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 2.22, 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?
Telecom Argentina (MEX:TEO N) has a current Cyclically Adjusted PS Ratio of 2.22. The stock's GF Value™ is MXN106.90, compared to a current price of MXN142.68 — trading 33.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.22, which is near median its 10-year median of 2.35 and 90.6% above the Telecommunication Services industry median of 1.17. Telecom Argentina's overall GF Score™ is 79/100 with 11 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 (MEX:TEO N), the current Cyclically Adjusted PS Ratio is 2.22 as of Jul. 24, 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 (MEX:TEO N) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom Argentina stock appears to be overvalued. The current stock price of MXN142.68 is trading 33.5% above its estimated GF Value™ of MXN106.90.

Key valuation signals for MEX:TEO N:

  • Cyclically Adjusted PS Ratio: 2.22 (near median its 10-year median of 2.35)
  • GF Value™: MXN106.90 vs. price of MXN142.68 (33.5% above fair value)
  • GF Score™: 79/100 with 11 warning signs
  • Industry Position: 90.6% above the Telecommunication Services median (#239 of 302)

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


Telecom Argentina Business Description

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..
79GF Score

Get the complete analysis for MEX:TEO N

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

MXN142.68
Price
MXN106.90
GF Value