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Telecomunicacoes BrasileirasBSP:TELB4 +0.54%67 PB Ratio is 0.45 as of Jul. 16, 2026, which is 74% below its 10-year median of 1.71. GuruFocus rates BSP:TELB4 with a GF Score™ of 67/100 and a GF Value™ of R$9.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 337 Telecommunication Services companies, Telecomunicacoes Brasileiras ranks better than 86.05% on this metric.
Telecomunicacoes Brasileiras SA stock PB Ratio (=0.62) is close to 10-year low of 0.6.
The historical rank and industry rank for Telecomunicacoes Brasileiras's PB Ratio or its related term are showing as below:
BSP:TELB4'
s PB Ratio Range Over the Past 10 Years
Min: 0.6 Med: 1.71 Max: 192.29
Current: 0.61
During the past 13 years, Telecomunicacoes Brasileiras's highest PB Ratio was 192.29. The lowest was 0.60. And the median was 1.71.
BSP:TELB4's PB Ratio is ranked better than 86.05% of 337
companies
in the Telecommunication Services industry
Industry Median: 1.76
vs BSP:TELB4: 0.61
During the past 12 months, Telecomunicacoes Brasileiras's average Book Value Per Share Growth Rate was -4.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Telecomunicacoes Brasileiras was 336.60% per year. The lowest was -89.50% per year. And the median was -5.10% per year.
Back to Basics: PB Ratio
Telecomunicacoes Brasileiras (BSP:TELB4) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Telecomunicacoes Brasileiras PB Ratio Related Terms
Telecomunicacoes Brasileiras PB Ratio Historical Data
* 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.
For the Telecom Services subindustry, Telecomunicacoes Brasileiras's PB Ratio, along with its competitors' market caps and 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.
Telecomunicacoes Brasileiras PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telecomunicacoes Brasileiras's PB Ratio distribution charts can be found below:
* The bar in red indicates where Telecomunicacoes Brasileiras's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Telecomunicacoes Brasileiras (BSP:TELB4) has a PB Ratio of 0.45 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Telecomunicacoes Brasileiras and its competitors. This is 74% below median its historical median of 1.71. Over the past decade, Telecomunicacoes Brasileiras' PB Ratio has ranged from 0.60 to 192.29. According to the industry distribution chart, Telecomunicacoes Brasileiras ranks #47 out of 337 companies in the Telecommunication Services industry, placing it in the top 13.9%.
Is Telecomunicacoes Brasileiras' PB Ratio too high?
Telecomunicacoes Brasileiras' current PB Ratio of 0.45 is 74% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 192.29. The Telecommunication Services industry median PB Ratio is 1.76. Telecomunicacoes Brasileiras' value of 0.45 is 74.4% below this industry median. Based on the distribution chart, Telecomunicacoes Brasileiras ranks #47 out of 337 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Telecomunicacoes Brasileiras has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Telecomunicacoes Brasileiras' PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telecomunicacoes Brasileiras ranks #47 out of 337 companies for PB Ratio. This places Telecomunicacoes Brasileiras in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.76. Telecomunicacoes Brasileiras' value of 0.45 is 74.4% below this benchmark. Historically, Telecomunicacoes Brasileiras' own PB Ratio has ranged from 0.60 to 192.29 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.76, Telecomunicacoes Brasileiras 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 PB Ratio for a Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.76, based on 337 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telecomunicacoes Brasileiras's current PB Ratio of 0.45 is 74.4% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Telecomunicacoes Brasileiras and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telecomunicacoes Brasileiras's current PB Ratio is 0.45, which is 74% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telecomunicacoes Brasileiras stock overvalued right now?
Based on GuruFocus' analysis, Telecomunicacoes Brasileiras (BSP:TELB4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$9.23, compared to a current price of R$7.40 — trading 19.8% below its estimated fair value. The current PB Ratio is 0.45, which is 74% below median its 10-year median of 1.71 and 74.4% below the Telecommunication Services industry median of 1.76. Telecomunicacoes Brasileiras' overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Telecomunicacoes Brasileiras (BSP:TELB4), the current PB Ratio is 0.45 as of Jul. 16, 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 Telecomunicacoes Brasileiras (BSP:TELB4) Overvalued in 2026?
Based on GuruFocus' analysis, Telecomunicacoes Brasileiras stock appears to be undervalued.
The current stock price of R$7.40 is trading 19.8% below its estimated GF Value™ of R$9.23.
GuruFocus considers Telecomunicacoes Brasileiras to be Modestly Undervalued.
Key valuation signals for BSP:TELB4:
PB Ratio: 0.45 (74% below median its 10-year median of 1.71)
GF Value™: R$9.23 vs. price of R$7.40 (19.8% below fair value)
Industry Position: 74.4% below the Telecommunication Services median (#47 of 337)
No single metric tells the full story. See the BSP:TELB4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telecomunicacoes Brasileiras SA is a Brazil-based company. Along with its subsidiaries, the firm offers telecommunication services in the areas of fixed line and mobile communication and internet access services. Its product portfolio includes IP (Internet Protocol) Telebras, Telebras Point-to-Point, and Telebras MPLS (Multiprotocol Label Switching) Network. The company also provides broadband services and infrastructure support services.
67GF Score
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