TIAOF (Telecom Italia SpA) Shiller PE Ratio: (As of Sep. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TIAOF Telecom Italia SpA TIAOF
60 GF Score
Price $8.70
GF Value $5.88
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Telecom Italia SpA Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Telecom Italia SpA  (OTCPK:TIAOF) 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.


Telecom Italia SpA Shiller PE Ratio Related Terms


Telecom Italia SpA Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Telecom Italia SpA'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.

Telecom Italia SpA Shiller PE Ratio Chart

Telecom Italia SpA 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 58.99 52.89 205.90 0.00 0.00

Telecom Italia SpA 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 0.00 0.00 0.00 0.00

TIAOF vs VZ, TMUS, T: Shiller PE Ratio Comparison

For the Telecom Services subindustry, Telecom Italia SpA'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.


Telecom Italia SpA Shiller PE Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where Telecom Italia SpA's Shiller PE Ratio falls into.


TIAOF
60GF Score
Telecom Italia SpA TIAOF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telecom Italia SpA 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.

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

For example, Telecom Italia SpA'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)
=0.048/126.4000*126.4000
=0.048

Current CPI (Jun. 2026) = 126.4000.

Telecom Italia SpA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.073 100.100 0.092
201612 0.044 100.300 0.055
201703 0.028 101.000 0.035
201706 0.059 101.100 0.074
201709 0.069 101.200 0.086
201712 0.014 101.200 0.017
201803 0.033 101.800 0.041
201806 0.052 102.400 0.064
201809 -0.217 102.600 -0.267
201812 -0.002 102.300 -0.002
201903 0.025 102.800 0.031
201906 0.058 103.100 0.071
201909 0.044 102.900 0.054
201912 0.000 102.800 0.000
202003 0.082 102.900 0.101
202006 0.008 102.900 0.010
202009 0.078 102.300 0.096
202012 0.964 102.600 1.188
202103 -0.036 103.700 -0.044
202106 0.013 104.200 0.016
202109 0.022 104.900 0.027
202112 -1.294 106.600 -1.534
202203 -0.030 110.400 -0.034
202206 -0.039 112.500 -0.044
202209 -0.294 114.200 -0.325
202212 -0.028 119.000 -0.030
202303 -0.098 118.800 -0.104
202306 -0.018 119.700 -0.019
202309 -0.044 120.300 -0.046
202312 -0.046 119.700 -0.049
202403 -0.058 120.200 -0.061
202406 -0.035 120.700 -0.037
202409 0.020 121.200 0.021
202412 -0.014 121.200 -0.015
202503 -0.018 122.500 -0.019
202506 -0.001 122.700 -0.001
202509 0.004 123.100 0.004
202512 0.063 122.600 0.065
202603 -0.045 124.560 -0.046
202606 0.048 126.400 0.048

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.

Is Telecom Italia SpA (TIAOF) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom Italia SpA stock appears to be overvalued. The current stock price of $8.70 is trading 48% above its estimated GF Value™ of $5.88. GuruFocus considers Telecom Italia SpA to be Significantly Overvalued.

Key valuation signals for TIAOF:

  • Shiller PE Ratio:
  • GF Value™: $5.88 vs. price of $8.70 (48% above fair value)
  • GF Score™: 60/100 with 8 warning signs

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


Telecom Italia SpA Business Description

Address Via di Val Cannuta, No. 182, Roma, ITA, 00166
Telecom Italia is the incumbent telecommunications operator in Italy, with 23% share in the Italian mobile market and 35% share in broadband. In the mobile market, it competes with Vodafone, WindTre, and Iliad. After the sale of its fixed network to KKR for EUR 18.8 billion in 2024, TIM has become a pure service provider with no network ownership. TIM Brazil is significantly smaller than its peers, Telefonica and America Movil, with 25% wireless market share.
60GF Score

Get the complete analysis for TIAOF

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

$8.70
Price
$5.88
GF Value