Telecom Argentina (BUE:TECO2) Price-to-Tangible-Book: 24.94 (As of Jul. 15, 2026) — 147% Above Median

Author: Vera Yuan Vera Yuan
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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.
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BUE:TECO2 Telecom Argentina SA BUE:TECO2
81 GF Score
Price ARS4,332.50
GF Value ARS3,298.84
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Telecom Argentina Price-to-Tangible-Book?

Telecom Argentina BUE:TECO2 +1.94% 81 Price-to-Tangible-Book is 24.94 as of Jul. 15, 2026, which is 147% above its 10-year median of 10.08. GuruFocus rates BUE:TECO2 with a GF Score™ of 81/100 and a GF Value™ of ARS3,298.84 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 260 Telecommunication Services companies, Telecom Argentina ranks worse than 95.77% on this metric.

As of today (2026-07-15), Telecom Argentina's share price is ARS4332.50. Telecom Argentina's Tangible Book per Share of Mar. 2026 for the quarter that ended in Mar. 2026 was ARS173.68. Hence, Telecom Argentina's Price to Tangible Book Ratio of today is 24.94.

The historical rank and industry rank for Telecom Argentina's Price-to-Tangible-Book or its related term are showing as below:

BUE:TECO2' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.64   Med: 10.08   Max: 177.44
Current: 24.95

During the past 13 years, Telecom Argentina's highest Price to Tangible Book Ratio was 177.44. The lowest was 3.64. And the median was 10.08.

BUE:TECO2's Price-to-Tangible-Book is ranked worse than
95.77% of 260 companies
in the Telecommunication Services industry
Industry Median: 2.525 vs BUE:TECO2: 24.95

A closely related ratio is called PB Ratio. As of today, Telecom Argentina's share price is ARS4332.50. Telecom Argentina's Book Value per Sharefor the quarter that ended in Mar. 2026 was ARS3,758.23. Hence, Telecom Argentina's P/B Ratio of today is 1.15.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Telecom Argentina Price-to-Tangible-Book Related Terms


Telecom Argentina Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Telecom Argentina's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Telecom Argentina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.36 5.55 0.00 32.23 0.00

Telecom Argentina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Price-to-Tangible-Book 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 0.00 19.75

BUE:TECO2 vs TMUS, VZ, T: Price-to-Tangible-Book Comparison

For the Telecom Services subindustry, Telecom Argentina's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Argentina's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Telecom Argentina's Price-to-Tangible-Book falls into.


BUE:TECO2
81GF Score
Telecom Argentina SA BUE:TECO2
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telecom Argentina Price-to-Tangible-Book Calculation

Telecom Argentina's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2026 )
=4332.50/173.683
=24.94

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 24.94 mean?
Telecom Argentina (BUE:TECO2) has a Price-to-Tangible-Book of 24.94 as of Jul. 15, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Telecom Argentina and its competitors. This is 147% above median its historical median of 10.08. Over the past decade, Telecom Argentina's Price-to-Tangible-Book has ranged from 3.64 to 177.44. According to the industry distribution chart, Telecom Argentina ranks #249 out of 260 companies in the Telecommunication Services industry, placing it in the top 95.8%.
Is Telecom Argentina's Price-to-Tangible-Book too high?
Telecom Argentina's current Price-to-Tangible-Book of 24.94 is 147% above median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 177.44. The Telecommunication Services industry median Price-to-Tangible-Book is 2.53. Telecom Argentina's value of 24.94 is 887.7% above this industry median. Based on the distribution chart, Telecom Argentina ranks #249 out of 260 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Telecom Argentina has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Argentina's Price-to-Tangible-Book compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telecom Argentina ranks #249 out of 260 companies for Price-to-Tangible-Book. This places Telecom Argentina in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.53. Telecom Argentina's value of 24.94 is 887.7% above this benchmark. Historically, Telecom Argentina's own Price-to-Tangible-Book has ranged from 3.64 to 177.44 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 2.53, Telecom Argentina has consistently been above 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 Price-to-Tangible-Book for a Telecommunication Services company?
The median Price-to-Tangible-Book among Telecommunication Services companies is 2.53, based on 260 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telecom Argentina's current Price-to-Tangible-Book of 24.94 is 887.7% above 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Telecom Argentina and its competitors. For the Telecommunication Services industry, the median Price-to-Tangible-Book is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telecom Argentina's current Price-to-Tangible-Book is 24.94, which is 147% above median its own 10-year median of 10.08. 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 (BUE:TECO2) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS3,298.84, compared to a current price of ARS4,332.50 — trading 31.3% above its estimated fair value. The current Price-to-Tangible-Book is 24.94, which is 147% above median its 10-year median of 10.08 and 887.7% above the Telecommunication Services industry median of 2.53. Telecom Argentina's overall GF Score™ is 81/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Telecom Argentina (BUE:TECO2), the current Price-to-Tangible-Book is 24.94 as of Jul. 15, 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 (BUE:TECO2) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom Argentina stock appears to be overvalued. The current stock price of ARS4,332.50 is trading 31.3% above its estimated GF Value™ of ARS3,298.84. GuruFocus considers Telecom Argentina to be Significantly Overvalued.

Key valuation signals for BUE:TECO2:

  • Price-to-Tangible-Book: 24.94 (147% above median its 10-year median of 10.08)
  • GF Value™: ARS3,298.84 vs. price of ARS4,332.50 (31.3% above fair value)
  • GF Score™: 81/100 with 10 warning signs
  • Industry Position: 887.7% above the Telecommunication Services median (#249 of 260)

No single metric tells the full story. See the BUE:TECO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telecom Argentina Business Description

Other Exchanges TCMFF:USATEO:USATEO:Germany
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 BUE:TECO2

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS4,332.50
Price
ARS3,298.84
GF Value