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Hellenic Telecommunication Organization (Hellenic Telecommunication Organization) Cyclically Adjusted PB Ratio : 2.88 (As of May. 08, 2024)


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What is Hellenic Telecommunication Organization Cyclically Adjusted PB Ratio?

As of today (2024-05-08), Hellenic Telecommunication Organization's current share price is $15.75. Hellenic Telecommunication Organization's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $5.46. Hellenic Telecommunication Organization's Cyclically Adjusted PB Ratio for today is 2.88.

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

HLTOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 2.9   Max: 4.43
Current: 2.94

During the past years, Hellenic Telecommunication Organization's highest Cyclically Adjusted PB Ratio was 4.43. The lowest was 0.99. And the median was 2.90.

HLTOF's Cyclically Adjusted PB Ratio is ranked worse than
77.39% of 283 companies
in the Telecommunication Services industry
Industry Median: 1.46 vs HLTOF: 2.94

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.

Hellenic Telecommunication Organization's adjusted book value per share data for the three months ended in Sep. 2023 was $4.786. 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 $5.46 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hellenic Telecommunication Organization Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hellenic Telecommunication Organization'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.

Hellenic Telecommunication Organization Cyclically Adjusted PB Ratio Chart

Hellenic Telecommunication Organization Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.53 3.69 3.42 3.92 3.18

Hellenic Telecommunication Organization Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Sep23
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 3.92 3.67 - 3.18 2.89

Competitive Comparison of Hellenic Telecommunication Organization's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Hellenic Telecommunication Organization'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.


Hellenic Telecommunication Organization's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Hellenic Telecommunication Organization 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.

Hellenic Telecommunication Organization's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.75/5.46
=2.88

* 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.

Hellenic Telecommunication Organization's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Hellenic Telecommunication Organization's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4.786/116.2341*116.2341
=4.786

Current CPI (Sep. 2023) = 116.2341.

Hellenic Telecommunication Organization Quarterly Data

Book Value per Share CPI Adj_Book
201109 3.985 103.723 4.466
201112 3.714 103.893 4.155
201203 3.901 104.371 4.344
201206 3.894 104.599 4.327
201209 4.181 104.662 4.643
201212 4.281 104.729 4.751
201303 4.697 104.150 5.242
201306 4.971 104.198 5.545
201309 5.745 103.487 6.453
201312 5.380 102.937 6.075
201403 5.485 102.748 6.205
201406 5.620 103.060 6.338
201409 5.468 102.624 6.193
201412 5.353 100.254 6.206
201503 4.795 100.549 5.543
201506 4.891 100.838 5.638
201509 5.104 100.856 5.882
201512 5.030 100.087 5.842
201603 5.204 99.041 6.107
201606 5.188 100.121 6.023
201609 5.328 99.878 6.201
201612 5.084 100.110 5.903
201703 5.224 100.770 6.026
201706 5.411 101.138 6.219
201709 5.836 100.882 6.724
201712 5.676 100.762 6.548
201803 6.137 100.534 7.095
201806 5.530 102.121 6.294
201809 5.763 101.982 6.568
201812 5.531 101.330 6.345
201906 4.765 101.837 5.439
201912 4.842 102.120 5.511
202006 4.617 100.239 5.354
202012 5.286 99.751 6.159
202106 4.878 101.270 5.599
202112 4.986 104.853 5.527
202206 4.464 113.517 4.571
202209 0.000 114.371 0.000
202212 4.565 112.428 4.720
202309 4.786 116.234 4.786

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.


Hellenic Telecommunication Organization  (OTCPK:HLTOF) 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.


Hellenic Telecommunication Organization Cyclically Adjusted PB Ratio Related Terms

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


Hellenic Telecommunication Organization (Hellenic Telecommunication Organization) Business Description

Traded in Other Exchanges
Address
99 Kifissias Avenue, Maroussi, Athens, GRC, 15124
Hellenic Telecommunication Organization is a telecommunications company that offers Internet access services, TV services, broadband, fixed-line services, and mobile telecommunication. The reportable segments of the company are as follows: 1) OTE is a provider of fixed-line services, internet access services, ICT services and TV services in Greece. 2) Cosmonote Group- Greece is a provider of mobile telecommunications, retail operations (shops) and customer services. 3) Telekom Romania Mobile is a provider of mobile telecommunications services in Romania. The majority of revenue earned by the company is from OTE segment.

Hellenic Telecommunication Organization (Hellenic Telecommunication Organization) Headlines