Deutsche Telekom AG (XSWX:DTE) Cyclically Adjusted PS Ratio: 1.10 (As of Jul. 14, 2026) — 11% Above Median

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XSWX:DTE Deutsche Telekom AG XSWX:DTE
71 GF Score
Price CHF24.10
GF Value CHF25.41
Valuation Fairly Valued
! 2 Warning Signs
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What is Deutsche Telekom AG Cyclically Adjusted PS Ratio?

Deutsche Telekom AG XSWX:DTE +2.51% 71 Cyclically Adjusted PS Ratio is 1.10 as of Jul. 14, 2026, which is 11% above its 10-year median of 0.99. GuruFocus rates XSWX:DTE with a GF Score™ of 71/100 and a GF Value™ of CHF25.41 (Fairly Valued). The stock has 2 warning signs investors should review. Among 301 Telecommunication Services companies, Deutsche Telekom AG ranks better than 50.83% on this metric.

As of today (2026-07-14), Deutsche Telekom AG's current share price is CHF24.10. Deutsche Telekom AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF21.99. Deutsche Telekom AG's Cyclically Adjusted PS Ratio for today is 1.10.

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

XSWX:DTE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.99   Max: 1.57
Current: 1.14

During the past years, Deutsche Telekom AG's highest Cyclically Adjusted PS Ratio was 1.57. The lowest was 0.73. And the median was 0.99.

XSWX:DTE's Cyclically Adjusted PS Ratio is ranked better than
50.83% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs XSWX:DTE: 1.14

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.

Deutsche Telekom AG's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF5.592. 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 CHF21.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Telekom AG  (XSWX:DTE) 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.


Deutsche Telekom AG Cyclically Adjusted PS Ratio Related Terms


Deutsche Telekom AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Deutsche Telekom AG'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.

Deutsche Telekom AG Cyclically Adjusted PS Ratio Chart

Deutsche Telekom AG 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 0.92 0.94 1.03 1.30 1.20

Deutsche Telekom AG 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 1.53 1.37 1.27 1.20 1.36

XSWX:DTE vs TMUS, VZ, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Deutsche Telekom AG'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.


Deutsche Telekom AG Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where Deutsche Telekom AG's Cyclically Adjusted PS Ratio falls into.


XSWX:DTE
71GF Score
Deutsche Telekom AG XSWX:DTE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Telekom AG 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.

Deutsche Telekom AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.10/21.99
=1.10

* 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.

Deutsche Telekom AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Deutsche Telekom AG'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)
=5.592/131.2583*131.2583
=5.592

Current CPI (Mar. 2026) = 131.2583.

Deutsche Telekom AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.222 100.717 5.502
201609 4.285 101.017 5.568
201612 4.514 101.217 5.854
201703 4.289 101.417 5.551
201706 4.401 102.117 5.657
201709 4.462 102.717 5.702
201712 4.725 102.617 6.044
201803 4.418 102.917 5.635
201806 4.480 104.017 5.653
201809 4.499 104.718 5.639
201812 4.802 104.217 6.048
201903 4.625 104.217 5.825
201906 4.607 105.718 5.720
201909 4.585 106.018 5.677
201912 4.899 105.818 6.077
202003 4.439 105.718 5.511
202006 6.091 106.618 7.499
202009 5.983 105.818 7.421
202012 6.041 105.518 7.515
202103 6.142 107.518 7.498
202106 6.115 108.486 7.399
202109 6.000 109.435 7.197
202112 5.992 110.384 7.125
202203 5.675 113.968 6.536
202206 5.713 115.760 6.478
202209 5.576 118.818 6.160
202212 5.870 119.345 6.456
202303 5.509 122.402 5.908
202306 5.306 123.140 5.656
202309 5.286 124.195 5.587
202312 5.531 123.773 5.865
202403 5.398 125.038 5.667
202406 5.489 125.882 5.723
202409 5.410 126.198 5.627
202412 5.851 127.041 6.045
202503 5.771 127.779 5.928
202506 5.477 128.412 5.598
202509 5.524 129.255 5.610
202512 6.069 129.361 6.158
202603 5.592 131.258 5.592

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 1.10 mean?
Deutsche Telekom AG (XSWX:DTE) has a Cyclically Adjusted PS Ratio of 1.10 as of Jul. 14, 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 Deutsche Telekom AG and its competitors. This is 11% above median its historical median of 0.99. Over the past decade, Deutsche Telekom AG's Cyclically Adjusted PS Ratio has ranged from 0.73 to 1.57. According to the industry distribution chart, Deutsche Telekom AG ranks #148 out of 301 companies in the Telecommunication Services industry, placing it in the top 49.2%.
Is Deutsche Telekom AG's Cyclically Adjusted PS Ratio too high?
Deutsche Telekom AG's current Cyclically Adjusted PS Ratio of 1.10 is 11% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.57. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. Deutsche Telekom AG's value of 1.10 is 5.2% below this industry median. Based on the distribution chart, Deutsche Telekom AG ranks #148 out of 301 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Deutsche Telekom AG has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Telekom AG's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Deutsche Telekom AG ranks #148 out of 301 companies for Cyclically Adjusted PS Ratio. This puts Deutsche Telekom AG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.16. Deutsche Telekom AG's value of 1.10 is 5.2% below this benchmark. Historically, Deutsche Telekom AG's own Cyclically Adjusted PS Ratio has ranged from 0.73 to 1.57 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.16, Deutsche Telekom AG has consistently been below 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 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. Deutsche Telekom AG's current Cyclically Adjusted PS Ratio of 1.10 is 5.2% below 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 Deutsche Telekom AG 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. Deutsche Telekom AG's current Cyclically Adjusted PS Ratio is 1.10, which is 11% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Telekom AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Telekom AG (XSWX:DTE) is currently considered Fairly Valued. The stock's GF Value™ is CHF25.41, compared to a current price of CHF24.10 — trading 5.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.10, which is 11% above median its 10-year median of 0.99 and 5.2% below the Telecommunication Services industry median of 1.16. Deutsche Telekom AG's overall GF Score™ is 71/100 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 Deutsche Telekom AG (XSWX:DTE), the current Cyclically Adjusted PS Ratio is 1.10 as of Jul. 14, 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 Deutsche Telekom AG (XSWX:DTE) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Telekom AG stock appears to be undervalued. The current stock price of CHF24.10 is trading 5.2% below its estimated GF Value™ of CHF25.41. GuruFocus considers Deutsche Telekom AG to be Fairly Valued.

Key valuation signals for XSWX:DTE:

  • Cyclically Adjusted PS Ratio: 1.10 (11% above median its 10-year median of 0.99)
  • GF Value™: CHF25.41 vs. price of CHF24.10 (5.2% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 5.2% below the Telecommunication Services median (#148 of 301)

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


Deutsche Telekom AG Business Description

Address Friedrich-Ebert-Allee 140, Bonn, DEU, 53113
Deutsche Telekom is Germany's incumbent telecom operator and remains the dominant player in mobile and fixed markets. It also owns a controlling stake in T-Mobile US—one of three primary wireless carriers in the United States—which merged with Sprint in 2020, consolidating the market from four to three operators. Aside from its two core markets, Deutsche Telekom operates in several Central European countries and holds an IT arm (Systems Solutions).
71GF Score

Get the complete analysis for XSWX:DTE

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

CHF24.10
Price
CHF25.41
GF Value