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Cellcom Israel (Cellcom Israel) Cyclically Adjusted PB Ratio : 0.89 (As of Apr. 28, 2024)


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What is Cellcom Israel Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Cellcom Israel's current share price is $3.52. Cellcom Israel's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.94. Cellcom Israel's Cyclically Adjusted PB Ratio for today is 0.89.

The historical rank and industry rank for Cellcom Israel's Cyclically Adjusted PB Ratio or its related term are showing as below:

CELJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.28   Max: 6.51
Current: 1.03

During the past years, Cellcom Israel's highest Cyclically Adjusted PB Ratio was 6.51. The lowest was 0.63. And the median was 2.28.

CELJF's Cyclically Adjusted PB Ratio is ranked better than
63.27% of 275 companies
in the Telecommunication Services industry
Industry Median: 1.43 vs CELJF: 1.03

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Cellcom Israel's adjusted book value per share data for the three months ended in Dec. 2023 was $3.576. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $3.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cellcom Israel Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cellcom Israel's Cyclically Adjusted PB 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.

* Premium members only.

Cellcom Israel Cyclically Adjusted PB Ratio Chart

Cellcom Israel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.49 1.43 1.34 1.01

Cellcom Israel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB 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 1.34 0.91 0.89 0.84 1.01

Competitive Comparison of Cellcom Israel's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Cellcom Israel's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Cellcom Israel's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cellcom Israel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cellcom Israel's Cyclically Adjusted PB Ratio falls into.



Cellcom Israel Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Cellcom Israel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.52/3.94
=0.89

* 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.

Cellcom Israel's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cellcom Israel's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.576/129.4194*129.4194
=3.576

Current CPI (Dec. 2023) = 129.4194.

Cellcom Israel Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.143 99.695 2.782
201406 2.374 100.560 3.055
201409 2.650 100.428 3.415
201412 2.793 99.070 3.649
201503 2.860 99.621 3.715
201506 2.891 100.684 3.716
201509 2.997 100.392 3.864
201512 3.036 99.792 3.937
201603 3.192 100.470 4.112
201606 3.305 101.688 4.206
201609 3.397 101.861 4.316
201612 3.425 101.863 4.352
201703 3.474 102.862 4.371
201706 3.597 103.349 4.504
201709 3.688 104.136 4.583
201712 3.725 104.011 4.635
201803 3.642 105.290 4.477
201806 3.806 106.317 4.633
201809 3.811 106.507 4.631
201812 3.772 105.998 4.605
201903 3.730 107.251 4.501
201906 3.656 108.070 4.378
201909 2.897 108.329 3.461
201912 3.344 108.420 3.992
202003 3.267 108.902 3.883
202006 3.282 108.767 3.905
202009 2.980 109.815 3.512
202012 3.012 109.897 3.547
202103 3.035 111.754 3.515
202106 3.018 114.631 3.407
202109 3.044 115.734 3.404
202112 3.073 117.630 3.381
202203 3.118 121.301 3.327
202206 3.182 125.017 3.294
202209 3.247 125.227 3.356
202212 3.333 125.222 3.445
202303 3.407 127.348 3.462
202306 3.420 128.729 3.438
202309 3.513 129.860 3.501
202312 3.576 129.419 3.576

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Cellcom Israel  (OTCPK:CELJF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Cellcom Israel Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Cellcom Israel's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cellcom Israel (Cellcom Israel) Business Description

Traded in Other Exchanges
Address
10 Hagavish Street, Netanya, ISR, 4250708
Cellcom Israel Ltd is the largest wireless provider in Israel and holds about one third of the market. The company offers basic voice services and data services such as Web browsing and music downloads. Cellcom is also launching a next-generation wireless service that supports higher data capacity. The company went public in February 2007, and its largest shareholder, Discount Investment, owns about 47% of its shares.