Helix Energy Solutions Group (FRA:CTV) Cyclically Adjusted Book per Share: €10.92 (As of Mar. 2026)


FRA:CTV Helix Energy Solutions Group Inc FRA:CTV
81 GF Score
Price €7.74
GF Value €8.69
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Helix Energy Solutions Group Cyclically Adjusted Book per Share?

Helix Energy Solutions Group FRA:CTV +3.00% 81 Cyclically Adjusted Book per Share is €10.92 as of Mar. 2026. GuruFocus rates FRA:CTV with a GF Score™ of 81/100 and a GF Value™ of €8.69 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Helix Energy Solutions Group's adjusted book value per share for the three months ended in Mar. 2026 was €9.143. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €10.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Helix Energy Solutions Group's average Cyclically Adjusted Book Growth Rate was -3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Helix Energy Solutions Group was 30.00% per year. The lowest was -4.30% per year. And the median was 3.60% per year.

As of today (2026-06-30), Helix Energy Solutions Group's current stock price is €7.735. Helix Energy Solutions Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €10.92. Helix Energy Solutions Group's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Helix Energy Solutions Group was 0.91. The lowest was 0.07. And the median was 0.51.


Helix Energy Solutions Group  (FRA:CTV) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Helix Energy Solutions Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.735/10.92
=0.71

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Helix Energy Solutions Group was 0.91. The lowest was 0.07. And the median was 0.51.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Helix Energy Solutions Group Cyclically Adjusted Book per Share Related Terms


Helix Energy Solutions Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Helix Energy Solutions Group's Cyclically Adjusted Book per Share 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.

Helix Energy Solutions Group Cyclically Adjusted Book per Share Chart

Helix Energy Solutions Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.83 13.21 12.60 12.61 10.71

Helix Energy Solutions Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 12.13 11.17 11.07 10.71 10.92

FRA:CTV vs RES, VTOL, WBI: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions Group'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.


Helix Energy Solutions Group Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Helix Energy Solutions Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Helix Energy Solutions Group's Cyclically Adjusted PB Ratio falls into.


FRA:CTV
81GF Score
Helix Energy Solutions Group Inc FRA:CTV
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Helix Energy Solutions Group Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Helix Energy Solutions Group's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=9.143/330.2130*330.2130
=9.143

Current CPI (Mar. 2026) = 330.2130.

Helix Energy Solutions Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.998 241.018 13.698
201609 9.884 241.428 13.519
201612 10.073 241.432 13.777
201703 9.449 243.801 12.798
201706 9.026 244.955 12.168
201709 8.586 246.819 11.487
201712 8.965 246.524 12.008
201803 8.703 249.554 11.516
201806 9.261 251.989 12.136
201809 9.442 252.439 12.351
201812 9.595 251.233 12.611
201903 9.695 254.202 12.594
201906 9.807 256.143 12.643
201909 10.246 256.759 13.177
201912 10.274 256.974 13.202
202003 9.952 258.115 12.732
202006 9.793 257.797 12.544
202009 9.644 260.280 12.235
202012 9.516 260.474 12.064
202103 9.516 264.877 11.863
202106 9.358 271.696 11.373
202109 9.406 274.310 11.323
202112 9.648 278.802 11.427
202203 9.537 287.504 10.954
202206 9.551 296.311 10.644
202209 9.859 296.808 10.969
202212 9.424 296.797 10.485
202303 9.345 301.836 10.224
202306 9.376 305.109 10.147
202309 9.516 307.789 10.209
202312 9.038 306.746 9.729
202403 8.852 312.332 9.359
202406 9.145 314.175 9.612
202409 9.304 315.301 9.744
202412 9.660 315.605 10.107
202503 9.433 319.799 9.740
202506 9.253 322.561 9.473
202509 9.123 324.800 9.275
202512 9.167 324.054 9.341
202603 9.143 330.213 9.143

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

What does a Cyclically Adjusted Book per Share of €10.92 mean?
Helix Energy Solutions Group (FRA:CTV) has a Cyclically Adjusted Book per Share of €10.92 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Helix Energy Solutions Group and its competitors.
Is Helix Energy Solutions Group's Cyclically Adjusted Book per Share too high?
Helix Energy Solutions Group's current Cyclically Adjusted Book per Share is €10.92. Overall, Helix Energy Solutions Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Helix Energy Solutions Group's Cyclically Adjusted Book per Share compare to RES and VTOL?
Helix Energy Solutions Group's Cyclically Adjusted Book per Share of €10.92 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Helix Energy Solutions Group and its competitors. Helix Energy Solutions Group's current Cyclically Adjusted Book per Share is €10.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helix Energy Solutions Group stock overvalued right now?
Based on GuruFocus' analysis, Helix Energy Solutions Group (FRA:CTV) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.69, compared to a current price of €7.74 — trading 11% below its estimated fair value. The current Cyclically Adjusted Book per Share is €10.92. Helix Energy Solutions Group's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Helix Energy Solutions Group (FRA:CTV), the current Cyclically Adjusted Book per Share is €10.92 as of Mar. 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 Helix Energy Solutions Group (FRA:CTV) Overvalued in 2026?

Based on GuruFocus' analysis, Helix Energy Solutions Group stock appears to be undervalued. The current stock price of €7.74 is trading 11% below its estimated GF Value™ of €8.69. GuruFocus considers Helix Energy Solutions Group to be Modestly Undervalued.

Key valuation signals for FRA:CTV:

  • Cyclically Adjusted Book per Share: €10.92
  • GF Value™: €8.69 vs. price of €7.74 (11% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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


Helix Energy Solutions Group Business Description

Industry EnergyOil & Gas
Other Exchanges HLX:USACTV:Germany
Address 3505 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77043
Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services in deep water in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments: Well Intervention, Robotics, Shallow Water Abandonment and Production Facilities. The Well Intervention segment includes vessels and equipment used to perform well intervention services in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the U.S., and it also has its presence in North Sea, Brazil, Asia Pacific, West Africa, and Other.
81GF Score

Get the complete analysis for FRA:CTV

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.74
Price
€8.69
GF Value