TELUS (FRA:BCZ) Shiller PE Ratio: 12.62 (As of Aug. 19, 2026) — 39% Below Median

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FRA:BCZ TELUS Corp FRA:BCZ
57 GF Score
Price €8.07
GF Value €12.48
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is TELUS Shiller PE Ratio?

TELUS FRA:BCZ +0.12% 57 Shiller PE Ratio is 12.62 as of Aug. 19, 2026, which is 39% below its 10-year median of 20.72. GuruFocus rates FRA:BCZ with a GF Score™ of 57/100 and a GF Value™ of €12.48 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 217 Telecommunication Services companies, TELUS ranks better than 66.82% on this metric.

As of today (2026-08-19), TELUS's current share price is €8.074. TELUS's E10 for the quarter that ended in Jun. 2026 was €0.64. TELUS's Shiller PE Ratio for today is 12.62.

The historical rank and industry rank for TELUS's Shiller PE Ratio or its related term are showing as below:

FRA:BCZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.39   Med: 20.72   Max: 26.38
Current: 12.5

During the past years, TELUS's highest Shiller PE Ratio was 26.38. The lowest was 12.39. And the median was 20.72.

FRA:BCZ's Shiller PE Ratio is ranked better than
66.82% of 217 companies
in the Telecommunication Services industry
Industry Median: 17.98 vs FRA:BCZ: 12.50

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.

TELUS's adjusted earnings per share data for the three months ended in Jun. 2026 was €-0.724. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TELUS  (FRA:BCZ) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


TELUS Shiller PE Ratio Related Terms


TELUS Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for TELUS's Shiller PE 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.

TELUS Shiller PE Ratio Chart

TELUS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.50 19.43 17.87 15.44 14.52

TELUS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 17.46 14.52 14.53 13.95

FRA:BCZ vs VZ, TMUS, T: Shiller PE Ratio Comparison

For the Telecom Services subindustry, TELUS's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


TELUS Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TELUS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TELUS's Shiller PE Ratio falls into.


FRA:BCZ
57GF Score
TELUS Corp FRA:BCZ
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TELUS Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

TELUS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.074/0.64
=12.62

* 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.

TELUS's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, TELUS's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.724/133.5265*133.5265
=-0.724

Current CPI (Jun. 2026) = 133.5265.

TELUS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.201 101.765 0.264
201612 0.046 101.449 0.061
201703 0.244 102.634 0.317
201706 0.221 103.029 0.286
201709 0.232 103.345 0.300
201712 0.156 103.345 0.202
201803 0.216 105.004 0.275
201806 0.215 105.557 0.272
201809 0.243 105.636 0.307
201812 0.193 105.399 0.245
201903 0.238 106.979 0.297
201906 0.286 107.690 0.355
201909 0.247 107.611 0.306
201912 0.205 107.769 0.254
202003 0.182 107.927 0.225
202006 0.151 108.401 0.186
202009 0.154 108.164 0.190
202012 0.128 108.559 0.157
202103 0.167 110.298 0.202
202106 0.170 111.720 0.203
202109 0.168 112.905 0.199
202112 0.325 113.774 0.381
202203 0.201 117.646 0.228
202206 0.251 120.806 0.277
202209 0.280 120.648 0.310
202212 0.111 120.964 0.123
202303 0.102 122.702 0.111
202306 0.097 124.203 0.104
202309 0.062 125.230 0.066
202312 0.137 125.072 0.146
202403 0.061 126.258 0.065
202406 0.102 127.522 0.107
202409 0.126 127.285 0.132
202412 0.161 127.364 0.169
202503 0.135 129.181 0.140
202506 0.000 129.892 0.000
202509 0.197 130.287 0.202
202512 0.118 130.366 0.121
202603 0.057 132.262 0.058
202606 -0.724 133.527 -0.724

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 12.62 mean?
TELUS (FRA:BCZ) has a Shiller PE Ratio of 12.62 as of Aug. 19, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on TELUS and its competitors. This is 39% below median its historical median of 20.72. Over the past decade, TELUS's Shiller PE Ratio has ranged from 12.39 to 26.38. According to the industry distribution chart, TELUS ranks #72 out of 217 companies in the Telecommunication Services industry, placing it in the top 33.2%.
Is TELUS's Shiller PE Ratio too high?
TELUS's current Shiller PE Ratio of 12.62 is 39% below median its 10-year median of 20.72. Over the past 10 years, this metric has ranged from a low of 12.39 to a high of 26.38. The Telecommunication Services industry median Shiller PE Ratio is 17.98. TELUS's value of 12.62 is 29.8% below this industry median. Based on the distribution chart, TELUS ranks #72 out of 217 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, TELUS has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TELUS's Shiller PE Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, TELUS ranks #72 out of 217 companies for Shiller PE Ratio. This puts TELUS in the upper half of its industry. The industry median Shiller PE Ratio is 17.98. TELUS's value of 12.62 is 29.8% below this benchmark. Historically, TELUS's own Shiller PE Ratio has ranged from 12.39 to 26.38 over the past decade. While the company's 10-year median is 20.72 vs. the industry median of 17.98, TELUS 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 Shiller PE Ratio for a Telecommunication Services company?
The median Shiller PE Ratio among Telecommunication Services companies is 17.98, based on 217 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TELUS's current Shiller PE Ratio of 12.62 is 29.8% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on TELUS and its competitors. For the Telecommunication Services industry, the median Shiller PE Ratio is 17.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TELUS's current Shiller PE Ratio is 12.62, which is 39% below median its own 10-year median of 20.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TELUS stock overvalued right now?
Based on GuruFocus' analysis, TELUS (FRA:BCZ) is currently considered Possible Value Trap. The stock's GF Value™ is €12.48, compared to a current price of €8.07 — trading 35.3% below its estimated fair value. The current Shiller PE Ratio is 12.62, which is 39% below median its 10-year median of 20.72 and 29.8% below the Telecommunication Services industry median of 17.98. TELUS's overall GF Score™ is 57/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For TELUS (FRA:BCZ), the current Shiller PE Ratio is 12.62 as of Aug. 19, 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 TELUS (FRA:BCZ) Overvalued in 2026?

Based on GuruFocus' analysis, TELUS stock appears to be undervalued. The current stock price of €8.07 is trading 35.3% below its estimated GF Value™ of €12.48. GuruFocus considers TELUS to be Possible Value Trap.

Key valuation signals for FRA:BCZ:

  • Shiller PE Ratio: 12.62 (39% below median its 10-year median of 20.72)
  • GF Value™: €12.48 vs. price of €8.07 (35.3% below fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 29.8% below the Telecommunication Services median (#72 of 217)

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


TELUS Business Description

Other Exchanges TU:USAT:Canada
Address 510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3
Telus is one of the Big Three wireless service providers in Canada, with over 10 million mobile phone subscribers nationwide constituting almost 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.
57GF Score

Get the complete analysis for FRA:BCZ

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

€8.07
Price
€12.48
GF Value