Telia Company AB (CHIX:TELIAS) Cyclically Adjusted Revenue per Share: kr24.49 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:TELIAS Telia Company AB CHIX:TELIAS
63 GF Score
Price kr46.45
GF Value kr33.44
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Telia Company AB Cyclically Adjusted Revenue per Share?

Telia Company AB CHIX:TELIAS 63 Cyclically Adjusted Revenue per Share is kr24.49 as of Jun. 2026. GuruFocus rates CHIX:TELIAS with a GF Score™ of 63/100 and a GF Value™ of kr33.44 (Significantly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is kr24.49 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Telia Company AB's average Cyclically Adjusted Revenue Growth Rate was -2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Telia Company AB was 3.90% per year. The lowest was -0.80% per year. And the median was -0.40% per year.

As of today (2026-07-31), Telia Company AB's current stock price is kr46.45. 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 of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telia Company AB was 2.14. The lowest was 0.86. And the median was 1.61.


Telia Company AB  (CHIX:TELIAs) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=46.45/24.49
=1.90

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telia Company AB was 2.14. The lowest was 0.86. And the median was 1.61.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Telia Company AB Cyclically Adjusted Revenue per Share Related Terms


Telia Company AB Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Telia Company AB's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Telia Company AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.49 24.92 23.86 25.37 23.67

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 Revenue per Share 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 24.58 23.86 23.67 24.04 24.49

CHIX:TELIAS vs VZ, TMUS, T: Cyclically Adjusted Revenue per Share 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
63GF Score
Telia Company AB CHIX:TELIAS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telia Company AB Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=5.266/134.1100*134.1100
=5.266

Current CPI (Jun. 2026) = 134.1100.

Telia Company AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.971 101.138 6.592
201612 4.880 102.022 6.415
201703 4.440 102.022 5.836
201706 4.569 102.752 5.963
201709 4.530 103.279 5.882
201712 4.888 103.793 6.316
201803 4.585 103.962 5.915
201806 4.823 104.875 6.167
201809 4.830 105.679 6.129
201812 5.235 105.912 6.629
201903 4.944 105.886 6.262
201906 5.054 106.742 6.350
201909 5.074 107.214 6.347
201912 5.539 107.766 6.893
202003 5.480 106.563 6.897
202006 5.323 107.498 6.641
202009 5.265 107.635 6.560
202012 5.733 108.296 7.100
202103 5.334 108.360 6.602
202106 5.349 108.928 6.586
202109 5.201 110.338 6.322
202112 5.717 112.486 6.816
202203 5.335 114.825 6.231
202206 5.455 118.384 6.180
202209 5.237 122.296 5.743
202212 5.815 126.365 6.171
202303 5.518 127.042 5.825
202306 5.564 129.407 5.766
202309 5.581 130.224 5.748
202312 5.859 131.912 5.957
202403 4.924 132.205 4.995
202406 5.133 132.716 5.187
202409 5.087 132.304 5.156
202412 5.447 132.987 5.493
202503 5.095 132.825 5.144
202506 5.032 133.699 5.047
202509 5.051 133.480 5.075
202512 5.417 133.390 5.446
202603 5.078 133.560 5.099
202606 5.266 134.110 5.266

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of kr24.49 mean?
Telia Company AB (CHIX:TELIAS) has a Cyclically Adjusted Revenue per Share of kr24.49 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Telia Company AB and its competitors.
Is Telia Company AB's Cyclically Adjusted Revenue per Share too high?
Telia Company AB's current Cyclically Adjusted Revenue per Share is kr24.49. Overall, Telia Company AB has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telia Company AB's Cyclically Adjusted Revenue per Share compare to VZ and TMUS?
Telia Company AB's Cyclically Adjusted Revenue per Share of kr24.49 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Telia Company AB and its competitors. Telia Company AB's current Cyclically Adjusted Revenue per Share is kr24.49. 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 kr33.44, compared to a current price of kr46.45 — trading 38.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr24.49. Telia Company AB's overall GF Score™ is 63/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Telia Company AB (CHIX:TELIAS), the current Cyclically Adjusted Revenue per Share is kr24.49 as of Jun. 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 kr46.45 is trading 38.9% above its estimated GF Value™ of kr33.44. GuruFocus considers Telia Company AB to be Significantly Overvalued.

Key valuation signals for CHIX:TELIAS:

  • Cyclically Adjusted Revenue per Share: kr24.49
  • GF Value™: kr33.44 vs. price of kr46.45 (38.9% above fair value)
  • GF Score™: 63/100 with 4 warning signs

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.
63GF Score

Get the complete analysis for CHIX:TELIAS

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

kr46.45
Price
kr33.44
GF Value