TLSNF (Telia Company AB) Cyclically Adjusted PS Ratio: 2.12 (As of Jul. 01, 2026) — 33% Above Median


TLSNF Telia Company AB TLSNF
60 GF Score
Price $5.35
GF Value $3.24
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Telia Company AB Cyclically Adjusted PS Ratio?

Telia Company AB TLSNF -1.33% 60 Cyclically Adjusted PS Ratio is 2.12 as of Jul. 01, 2026, which is 33% above its 10-year median of 1.60. GuruFocus rates TLSNF with a GF Score™ of 60/100 and a GF Value™ of $3.24 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 301 Telecommunication Services companies, Telia Company AB ranks worse than 67.77% on this metric.

As of today (2026-07-01), Telia Company AB's current share price is $5.35. Telia Company AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.52. Telia Company AB's Cyclically Adjusted PS Ratio for today is 2.12.

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

TLSNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.6   Max: 2.15
Current: 2.02

During the past years, Telia Company AB's highest Cyclically Adjusted PS Ratio was 2.15. The lowest was 0.86. And the median was 1.60.

TLSNF's Cyclically Adjusted PS Ratio is ranked worse than
67.77% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.17 vs TLSNF: 2.02

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 Mar. 2026 was $0.545. 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 $2.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telia Company AB  (OTCPK:TLSNF) 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
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 1.48 1.38 1.47 1.63 2.00

TLSNF vs TMUS, VZ, 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.


TLSNF
60GF Score
Telia Company AB TLSNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=5.35/2.52
=2.12

* 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 Mar. 2026 is calculated as:

For example, Telia Company AB'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)
=0.545/133.3862*133.3862
=0.545

Current CPI (Mar. 2026) = 133.3862.

Telia Company AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.588 101.019 0.776
201609 0.583 101.138 0.769
201612 0.530 102.022 0.693
201703 0.498 102.022 0.651
201706 0.527 102.752 0.684
201709 0.566 103.279 0.731
201712 0.582 103.793 0.748
201803 0.556 103.962 0.713
201806 0.548 104.875 0.697
201809 0.540 105.679 0.682
201812 0.580 105.912 0.730
201903 0.532 105.886 0.670
201906 0.537 106.742 0.671
201909 0.523 107.214 0.651
201912 0.587 107.766 0.727
202003 0.557 106.563 0.697
202006 0.572 107.498 0.710
202009 0.594 107.635 0.736
202012 0.686 108.296 0.845
202103 0.624 108.360 0.768
202106 0.637 108.928 0.780
202109 0.602 110.338 0.728
202112 0.629 112.486 0.746
202203 0.558 114.825 0.648
202206 0.544 118.384 0.613
202209 0.480 122.296 0.524
202212 0.560 126.365 0.591
202303 0.527 127.042 0.553
202306 0.517 129.407 0.533
202309 0.504 130.224 0.516
202312 0.571 131.912 0.577
202403 0.473 132.205 0.477
202406 0.489 132.716 0.491
202409 0.497 132.304 0.501
202412 0.496 132.987 0.497
202503 0.503 132.825 0.505
202506 0.527 133.699 0.526
202509 0.539 133.482 0.539
202512 0.583 133.386 0.583
202603 0.545 133.386 0.545

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 2.12 mean?
Telia Company AB (TLSNF) has a Cyclically Adjusted PS Ratio of 2.12 as of Jul. 01, 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 33% above median its historical median of 1.60. Over the past decade, Telia Company AB's Cyclically Adjusted PS Ratio has ranged from 0.86 to 2.15. According to the industry distribution chart, Telia Company AB ranks #204 out of 301 companies in the Telecommunication Services industry, placing it in the top 67.8%.
Is Telia Company AB's Cyclically Adjusted PS Ratio too high?
Telia Company AB's current Cyclically Adjusted PS Ratio of 2.12 is 33% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 2.15. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.17. Telia Company AB's value of 2.12 is 81.2% above this industry median. Based on the distribution chart, Telia Company AB ranks #204 out of 301 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telia Company AB has a GF Score™ of 60/100 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 TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telia Company AB ranks #204 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 2.12 is 81.2% above this benchmark. Historically, Telia Company AB's own Cyclically Adjusted PS Ratio has ranged from 0.86 to 2.15 over the past decade. While the company's 10-year median is 1.60 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 2.12 is 81.2% 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 2.12, which is 33% above median its own 10-year median of 1.60. 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 (TLSNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.24, compared to a current price of $5.35 — trading 65.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.12, which is 33% above median its 10-year median of 1.60 and 81.2% above the Telecommunication Services industry median of 1.17. Telia Company AB's overall GF Score™ is 60/100 with 7 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 (TLSNF), the current Cyclically Adjusted PS Ratio is 2.12 as of Jul. 01, 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 (TLSNF) Overvalued in 2026?

Based on GuruFocus' analysis, Telia Company AB stock appears to be overvalued. The current stock price of $5.35 is trading 65.1% above its estimated GF Value™ of $3.24. GuruFocus considers Telia Company AB to be Significantly Overvalued.

Key valuation signals for TLSNF:

  • Cyclically Adjusted PS Ratio: 2.12 (33% above median its 10-year median of 1.60)
  • GF Value™: $3.24 vs. price of $5.35 (65.1% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 81.2% above the Telecommunication Services median (#204 of 301)

No single metric tells the full story. See the TLSNF 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.
60GF Score

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

$5.35
Price
$3.24
GF Value