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Telecom Argentina (BUE:TECO2) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Telecom Argentina Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Telecom Argentina Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Telecom Argentina's Cyclically Adjusted 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.

* Premium members only.

Telecom Argentina Cyclically Adjusted PB Ratio Chart

Telecom Argentina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.14 0.09 0.05 0.03

Telecom Argentina Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted 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 0.05 0.04 0.04 0.03 -

Competitive Comparison of Telecom Argentina's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Telecom Argentina's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Telecom Argentina Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Telecom Argentina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Telecom Argentina's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1804.316/131.7762*131.7762
=1,804.316

Current CPI (Mar. 2024) = 131.7762.

Telecom Argentina Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.937 100.560 16.953
201409 13.804 100.428 18.113
201412 14.877 99.070 19.788
201503 15.938 99.621 21.082
201506 16.031 100.684 20.982
201509 16.837 100.392 22.101
201512 17.741 99.792 23.427
201603 18.821 100.470 24.685
201606 17.617 101.688 22.830
201609 18.705 101.861 24.198
201612 19.951 101.863 25.810
201703 21.947 102.862 28.116
201706 23.731 103.349 30.258
201709 25.861 104.136 32.725
201712 29.921 104.011 37.908
201803 59.067 105.290 73.926
201806 55.657 106.317 68.985
201809 50.146 106.507 62.044
201812 161.205 105.998 200.409
201903 117.550 107.251 144.431
201906 127.351 108.070 155.287
201909 130.848 108.329 159.169
201912 192.848 108.420 234.392
202003 153.426 108.902 185.653
202006 161.319 108.767 195.445
202009 172.139 109.815 206.564
202012 268.045 109.897 321.410
202103 204.659 111.754 241.325
202106 220.860 114.631 253.893
202109 225.123 115.734 256.327
202112 489.586 117.630 548.466
202203 302.121 121.301 328.211
202206 341.029 125.017 359.468
202209 320.797 125.227 337.576
202212 1,151.450 125.222 1,211.720
202303 462.643 127.348 478.731
202306 550.825 128.729 563.865
202309 756.789 129.860 767.959
202312 1,006.588 129.419 1,024.919
202403 1,804.316 131.776 1,804.316

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.


Telecom Argentina  (BUE:TECO2) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Telecom Argentina Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Telecom Argentina's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Telecom Argentina (BUE:TECO2) Business Description

Traded in Other Exchanges
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 provides services in Argentina (mobile, cable television, Internet and fixed and data services), Paraguay (mobile, Internet and satellite TV services), Uruguay (cable television services) and the United States (fixed wholesale services).

Telecom Argentina (BUE:TECO2) Headlines

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