ATEX (Anterix) Cyclically Adjusted PB Ratio: 6.84 (As of Jul. 11, 2026) — 244% Above Median


ATEX Anterix Inc ATEX
50 GF Score
Price $100.96
GF Value $54.89
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Anterix Cyclically Adjusted PB Ratio?

Anterix ATEX -5.52% 50 Cyclically Adjusted PB Ratio is 6.84 as of Jul. 11, 2026, which is 244% above its 10-year median of 1.99. GuruFocus rates ATEX with a GF Score™ of 50/100 and a GF Value™ of $54.89 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 290 Telecommunication Services companies, Anterix ranks worse than 92.41% on this metric.

As of today (2026-07-11), Anterix's current share price is $100.96. Anterix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $14.76. Anterix's Cyclically Adjusted PB Ratio for today is 6.84.

The historical rank and industry rank for Anterix's Cyclically Adjusted PB Ratio or its related term are showing as below:

ATEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.99   Max: 7.24
Current: 7.24

During the past years, Anterix's highest Cyclically Adjusted PB Ratio was 7.24. The lowest was 1.19. And the median was 1.99.

ATEX's Cyclically Adjusted PB Ratio is ranked worse than
92.41% of 290 companies
in the Telecommunication Services industry
Industry Median: 1.845 vs ATEX: 7.24

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.

Anterix's adjusted book value per share data for the three months ended in Mar. 2026 was $13.869. 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 $14.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anterix  (NAS:ATEX) 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.


Anterix Cyclically Adjusted PB Ratio Related Terms


Anterix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anterix'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.

Anterix Cyclically Adjusted PB Ratio Chart

Anterix Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.03 2.34 2.59

Anterix Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.34 1.67 1.42 1.48 2.59

ATEX vs IDT, LILA, SIFY: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Anterix'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.


Anterix Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


ATEX
50GF Score
Anterix Inc ATEX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Anterix 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.

Anterix's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=100.96/14.76
=6.84

* 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.

Anterix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Anterix'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)
=13.869/330.2130*330.2130
=13.869

Current CPI (Mar. 2026) = 330.2130.

Anterix Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.726 241.018 24.286
201609 17.225 241.428 23.559
201612 16.782 241.432 22.953
201703 15.871 243.801 21.496
201706 15.344 244.955 20.685
201709 14.861 246.819 19.882
201712 14.501 246.524 19.424
201803 14.393 249.554 19.045
201806 13.832 251.989 18.126
201809 13.270 252.439 17.358
201812 12.825 251.233 16.857
201903 12.264 254.202 15.931
201906 11.762 256.143 15.163
201909 15.327 256.759 19.712
201912 14.886 256.974 19.129
202003 14.260 258.115 18.243
202006 13.560 257.797 17.369
202009 12.998 260.280 16.490
202012 12.464 260.474 15.801
202103 12.026 264.877 14.992
202106 11.599 271.696 14.097
202109 11.075 274.310 13.332
202112 10.652 278.802 12.616
202203 10.138 287.504 11.644
202206 9.214 296.311 10.268
202209 8.760 296.808 9.746
202212 8.428 296.797 9.377
202303 9.502 301.836 10.395
202306 9.513 305.109 10.296
202309 9.383 307.789 10.067
202312 9.284 306.746 9.994
202403 8.727 312.332 9.227
202406 8.007 314.175 8.416
202409 7.469 315.301 7.822
202412 7.787 315.605 8.147
202503 8.414 319.799 8.688
202506 9.883 322.561 10.117
202509 12.848 324.800 13.062
202512 12.597 324.054 12.836
202603 13.869 330.213 13.869

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.

What does a Cyclically Adjusted PB Ratio of 6.84 mean?
Anterix (ATEX) has a Cyclically Adjusted PB Ratio of 6.84 as of Jul. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Anterix and its competitors. This is 244% above median its historical median of 1.99. Over the past decade, Anterix's Cyclically Adjusted PB Ratio has ranged from 1.19 to 7.24. According to the industry distribution chart, Anterix ranks #268 out of 290 companies in the Telecommunication Services industry, placing it in the top 92.4%.
Is Anterix's Cyclically Adjusted PB Ratio too high?
Anterix's current Cyclically Adjusted PB Ratio of 6.84 is 244% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 7.24. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.85. Anterix's value of 6.84 is 270.7% above this industry median. Based on the distribution chart, Anterix ranks #268 out of 290 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Anterix has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anterix's Cyclically Adjusted PB Ratio compare to IDT and LILA?
According to the Telecommunication Services industry distribution chart, Anterix ranks #268 out of 290 companies for Cyclically Adjusted PB Ratio. This places Anterix in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.85. Anterix's value of 6.84 is 270.7% above this benchmark. Historically, Anterix's own Cyclically Adjusted PB Ratio has ranged from 1.19 to 7.24 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 1.85, Anterix has consistently been above 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 Cyclically Adjusted PB Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.85, based on 290 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anterix's current Cyclically Adjusted PB Ratio of 6.84 is 270.7% above 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Anterix and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anterix's current Cyclically Adjusted PB Ratio is 6.84, which is 244% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anterix stock overvalued right now?
Based on GuruFocus' analysis, Anterix (ATEX) is currently considered Significantly Overvalued. The stock's GF Value™ is $54.89, compared to a current price of $100.96 — trading 83.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.84, which is 244% above median its 10-year median of 1.99 and 270.7% above the Telecommunication Services industry median of 1.85. Anterix's overall GF Score™ is 50/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Anterix (ATEX), the current Cyclically Adjusted PB Ratio is 6.84 as of Jul. 11, 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 Anterix (ATEX) Overvalued in 2026?

Based on GuruFocus' analysis, Anterix stock appears to be overvalued. The current stock price of $100.96 is trading 83.9% above its estimated GF Value™ of $54.89. GuruFocus considers Anterix to be Significantly Overvalued.

Key valuation signals for ATEX:

  • Cyclically Adjusted PB Ratio: 6.84 (244% above median its 10-year median of 1.99)
  • GF Value™: $54.89 vs. price of $100.96 (83.9% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 270.7% above the Telecommunication Services median (#268 of 290)

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


Anterix Business Description

Other Exchanges 2X6:Germany
Address 3 Garret Mountain Plaza, Suite 401, Woodland Park, NJ, USA, 07424
Anterix Inc is a United States-based company engaged in delivering broadband needed to modernize infrastructure for energy, transportation, logistics, and other industries. The company offers Private LTE for utilities which help to automate processes, monitor environmental conditions, enable artificial intelligence, and drive productivity.
50GF Score

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

$100.96
Price
$54.89
GF Value