Telecom Argentina (HAM:TEO) PB Ratio: 0.93 (As of Jun. 27, 2026) — 11% Below Median


HAM:TEO Telecom Argentina SA HAM:TEO
81 GF Score
Price €10.80
GF Value €8.92
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Telecom Argentina PB Ratio?

Telecom Argentina HAM:TEO 81 PB Ratio is 0.93 as of Jun. 27, 2026, which is 11% below its 10-year median of 1.05. GuruFocus rates HAM:TEO with a GF Score™ of 81/100 and a GF Value™ of €8.92 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 342 Telecommunication Services companies, Telecom Argentina ranks better than 71.64% on this metric.

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. As of today (2026-06-27), Telecom Argentina's share price is €10.80. Telecom Argentina's Book Value per Share for the quarter that ended in Mar. 2026 was €11.63. Hence, Telecom Argentina's PB Ratio of today is 0.93.

The historical rank and industry rank for Telecom Argentina's PB Ratio or its related term are showing as below:

HAM:TEO' s PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.05   Max: 5.42
Current: 1.05

During the past 13 years, Telecom Argentina's highest PB Ratio was 5.42. The lowest was 0.29. And the median was 1.05.

HAM:TEO's PB Ratio is ranked better than
71.64% of 342 companies
in the Telecommunication Services industry
Industry Median: 1.88 vs HAM:TEO: 1.05

During the past 12 months, Telecom Argentina's average Book Value Per Share Growth Rate was 34.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 40.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 70.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 79.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Telecom Argentina was 113.00% per year. The lowest was -39.30% per year. And the median was 28.30% per year.

Back to Basics: PB Ratio


Telecom Argentina  (HAM:TEO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Telecom Argentina PB Ratio Related Terms


Telecom Argentina PB Ratio Historical Data

* Premium members only.

The historical data trend for Telecom Argentina's 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.

Telecom Argentina PB Ratio Chart

Telecom Argentina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.03

Telecom Argentina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 1.03 0.84

HAM:TEO vs TMUS, VZ, T: PB Ratio Comparison

For the Telecom Services subindustry, Telecom Argentina'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.


Telecom Argentina PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Argentina's PB Ratio distribution charts can be found below:

* The bar in red indicates where Telecom Argentina's PB Ratio falls into.


HAM:TEO
81GF Score
Telecom Argentina SA HAM:TEO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telecom Argentina PB Ratio Calculation

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.

Telecom Argentina's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=10.80/11.625
=0.93

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.93 mean?
Telecom Argentina (HAM:TEO) has a PB Ratio of 0.93 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Telecom Argentina and its competitors. This is 11% below median its historical median of 1.05. Over the past decade, Telecom Argentina's PB Ratio has ranged from 0.29 to 5.42. According to the industry distribution chart, Telecom Argentina ranks #97 out of 342 companies in the Telecommunication Services industry, placing it in the top 28.4%.
Is Telecom Argentina's PB Ratio too high?
Telecom Argentina's current PB Ratio of 0.93 is 11% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 5.42. The Telecommunication Services industry median PB Ratio is 1.88. Telecom Argentina's value of 0.93 is 50.5% below this industry median. Based on the distribution chart, Telecom Argentina ranks #97 out of 342 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Telecom Argentina has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Argentina's PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telecom Argentina ranks #97 out of 342 companies for PB Ratio. This puts Telecom Argentina in the upper half of its industry. The industry median PB Ratio is 1.88. Telecom Argentina's value of 0.93 is 50.5% below this benchmark. Historically, Telecom Argentina's own PB Ratio has ranged from 0.29 to 5.42 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.88, Telecom Argentina 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 1.88, based on 342 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. Telecom Argentina's current PB Ratio of 0.93 is 50.5% 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 Telecom Argentina and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telecom Argentina's current PB Ratio is 0.93, which is 11% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telecom Argentina stock overvalued right now?
Based on GuruFocus' analysis, Telecom Argentina (HAM:TEO) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.92, compared to a current price of €10.80 — trading 21.1% above its estimated fair value. The current PB Ratio is 0.93, which is 11% below median its 10-year median of 1.05 and 50.5% below the Telecommunication Services industry median of 1.88. Telecom Argentina's overall GF Score™ is 81/100 with 6 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 Telecom Argentina (HAM:TEO), the current PB Ratio is 0.93 as of Jun. 27, 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 Telecom Argentina (HAM:TEO) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom Argentina stock appears to be overvalued. The current stock price of €10.80 is trading 21.1% above its estimated GF Value™ of €8.92. GuruFocus considers Telecom Argentina to be Modestly Overvalued.

Key valuation signals for HAM:TEO:

  • PB Ratio: 0.93 (11% below median its 10-year median of 1.05)
  • GF Value™: €8.92 vs. price of €10.80 (21.1% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 50.5% below the Telecommunication Services median (#97 of 342)

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


Telecom Argentina Business Description

Address General Hornos 690, Buenos Aires, ARG, C1272ACK
Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company operates in segments: ICT Services provided in Argentina: Personal Network; ICT Services provided in Argentina - TMA Network; and Other segments..
81GF Score

Get the complete analysis for HAM:TEO

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

€10.80
Price
€8.92
GF Value