HLLXF (Hellix Ventures) Cyclically Adjusted PB Ratio: (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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.

What is Hellix Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hellix Ventures  (OTCPK:HLLXF) 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.


Hellix Ventures Cyclically Adjusted PB Ratio Related Terms


Hellix Ventures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hellix Ventures'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.

Hellix Ventures Cyclically Adjusted PB Ratio Chart

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Cyclically Adjusted PB Ratio
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Hellix Ventures Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
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 0.00 0.00 0.00 0.00 0.00

HLLXF vs EXNT, SNECQ: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Hellix Ventures'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.


Hellix Ventures Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Hellix Ventures 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.

Hellix Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2014 is calculated as:

For example, Hellix Ventures's adjusted Book Value per Share data for the three months ended in Apr. 2014 was:

Adj_Book=Book Value per Share/CPI of Apr. 2014 (Change)*Current CPI (Apr. 2014)
=0.028/98.9202*98.9202
=0.028

Current CPI (Apr. 2014) = 98.9202.

Hellix Ventures Quarterly Data

Book Value per Share CPI Adj_Book
200407 0.046 82.960 0.055
200410 0.048 83.118 0.057
200501 0.047 83.197 0.056
200504 0.045 84.224 0.053
200507 0.048 84.619 0.056
200510 0.047 85.252 0.055
200601 0.046 85.489 0.053
200604 0.048 86.279 0.055
200607 0.023 86.595 0.026
200610 0.020 86.121 0.023
200701 0.020 86.437 0.023
200704 0.029 88.175 0.033
200707 0.057 88.491 0.064
200710 0.064 88.175 0.072
200801 0.057 88.333 0.064
200804 0.071 89.676 0.078
200807 0.012 91.493 0.013
200810 0.011 90.466 0.012
200901 0.005 89.281 0.006
200904 0.002 89.992 0.002
200907 0.000 90.624 0.000
200910 0.017 90.545 0.019
201001 0.012 90.940 0.013
201004 0.032 91.651 0.035
201007 0.024 92.283 0.026
201010 0.033 92.757 0.035
201101 0.037 93.074 0.039
201104 0.048 94.654 0.050
201107 0.060 94.812 0.063
201110 0.082 95.444 0.085
201201 0.089 95.365 0.092
201204 0.119 96.550 0.122
201207 0.068 95.997 0.070
201210 0.107 96.550 0.110
201301 0.102 95.839 0.105
201304 0.097 96.945 0.099
201307 0.045 97.261 0.046
201310 0.043 97.182 0.044
201401 0.038 97.261 0.039
201404 0.028 98.920 0.028

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.


Hellix Ventures Business Description

Industry EnergyOil & Gas
Address 1030 Denman Street, Suite 125A, Vancouver, BC, CAN, V6G 2M6
Hellix Ventures Inc is a Canada-based natural resource company. The company is engaged in the identification, acquisition, exploration and development of resource properties. Its operating segments include oil and gas operation and mineral property exploration.