Binary Helix (WAR:BHX) Cyclically Adjusted Book per Share: zł0.35 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:BHX Binary Helix SA WAR:BHX
42 GF Score
Price zł3.58
GF Value zł1.73
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Binary Helix Cyclically Adjusted Book per Share?

Binary Helix WAR:BHX 42 Cyclically Adjusted Book per Share is zł0.35 as of Mar. 2026. GuruFocus rates WAR:BHX with a GF Score™ of 42/100 and a GF Value™ of zł1.73 (Significantly Overvalued). The stock has 5 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.

Binary Helix's adjusted book value per share for the three months ended in Mar. 2026 was zł0.399. 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 zł0.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Binary Helix's average Cyclically Adjusted Book Growth Rate was 20.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Binary Helix was 4.40% per year. The lowest was 0.00% per year. And the median was 2.20% per year.

As of today (2026-07-17), Binary Helix's current stock price is zł3.58. Binary Helix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.35. Binary Helix's Cyclically Adjusted PB Ratio of today is 10.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Binary Helix was 20.65. The lowest was 3.40. And the median was 5.51.


Binary Helix  (WAR:BHX) 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.

Binary Helix's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.58/0.35
=10.23

* 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 Binary Helix was 20.65. The lowest was 3.40. And the median was 5.51.


Be Aware

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


Binary Helix Cyclically Adjusted Book per Share Related Terms


Binary Helix Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Binary Helix'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.

Binary Helix Cyclically Adjusted Book per Share Chart

Binary Helix 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 0.28 0.29 0.26 0.28 0.33

Binary Helix 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 0.29 0.29 0.31 0.33 0.35

WAR:BHX vs COHR, KEYS, GRMN: Cyclically Adjusted Book per Share Comparison

For the Scientific & Technical Instruments subindustry, Binary Helix'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.


Binary Helix Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Binary Helix's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:BHX
42GF Score
Binary Helix SA WAR:BHX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Binary Helix 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, Binary Helix'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)
=0.399/163.0700*163.0700
=0.399

Current CPI (Mar. 2026) = 163.0700.

Binary Helix Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.041 99.552 0.067
201609 0.261 99.064 0.430
201612 0.314 100.366 0.510
201703 0.241 101.018 0.389
201706 0.291 101.180 0.469
201709 0.274 101.343 0.441
201712 0.268 102.564 0.426
201803 0.257 102.564 0.409
201806 0.279 103.378 0.440
201809 0.268 103.378 0.423
201812 0.291 103.785 0.457
201903 0.243 104.274 0.380
201906 0.266 105.983 0.409
201909 0.254 105.983 0.391
201912 0.219 107.123 0.333
202003 0.265 109.076 0.396
202006 0.195 109.402 0.291
202009 0.149 109.320 0.222
202012 0.160 109.565 0.238
202103 0.149 112.658 0.216
202106 0.137 113.960 0.196
202109 0.140 115.588 0.198
202112 0.135 119.088 0.185
202203 0.125 125.031 0.163
202206 0.109 131.705 0.135
202209 0.248 135.531 0.298
202212 0.252 139.113 0.295
202303 0.252 145.950 0.282
202306 0.255 147.009 0.283
202309 0.260 146.113 0.290
202312 0.261 147.741 0.288
202403 0.265 149.044 0.290
202406 0.267 150.997 0.288
202409 0.274 153.439 0.291
202412 0.234 154.660 0.247
202503 0.288 157.021 0.299
202506 0.257 157.509 0.266
202509 0.915 158.000 0.944
202512 0.807 158.320 0.831
202603 0.399 163.070 0.399

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 zł0.35 mean?
Binary Helix (WAR:BHX) has a Cyclically Adjusted Book per Share of zł0.35 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 Binary Helix and its competitors.
Is Binary Helix's Cyclically Adjusted Book per Share too high?
Binary Helix's current Cyclically Adjusted Book per Share is zł0.35. Overall, Binary Helix has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Binary Helix's Cyclically Adjusted Book per Share compare to COHR and KEYS?
Binary Helix's Cyclically Adjusted Book per Share of zł0.35 can be compared against companies in the Hardware 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 a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Binary Helix and its competitors. Binary Helix's current Cyclically Adjusted Book per Share is zł0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binary Helix stock overvalued right now?
Based on GuruFocus' analysis, Binary Helix (WAR:BHX) is currently considered Significantly Overvalued. The stock's GF Value™ is zł1.73, compared to a current price of zł3.58 — trading 106.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł0.35. Binary Helix's overall GF Score™ is 42/100 with 5 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 Binary Helix (WAR:BHX), the current Cyclically Adjusted Book per Share is zł0.35 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 Binary Helix (WAR:BHX) Overvalued in 2026?

Based on GuruFocus' analysis, Binary Helix stock appears to be overvalued. The current stock price of zł3.58 is trading 106.9% above its estimated GF Value™ of zł1.73. GuruFocus considers Binary Helix to be Significantly Overvalued.

Key valuation signals for WAR:BHX:

  • Cyclically Adjusted Book per Share: zł0.35
  • GF Value™: zł1.73 vs. price of zł3.58 (106.9% above fair value)
  • GF Score™: 42/100 with 5 warning signs

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


Binary Helix Business Description

Address Zygmunta Krasinskiego 29/9, Katowice, POL, 40-019
Binary Helix SA is engaged in designing and manufacturing high-technology products. The company designs, produces, and implements telemetry solutions, monitoring buildings, vehicles, and control systems known as Intelligent House. Its products include MediaCommunicator Basic+, MediaCommunicator Advance, Power Reducer, Sky Guardian, Rotoss Basic, Sky Track, and Roll Screen.
42GF Score

Get the complete analysis for WAR:BHX

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

zł3.58
Price
zł1.73
GF Value