Helios Towers (LSE:HTWS) Cyclically Adjusted PB Ratio: 16.65 (As of Jul. 07, 2026) — Near Median


LSE:HTWS Helios Towers PLC LSE:HTWS
79 GF Score
Price £2.00
GF Value £1.26
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Helios Towers Cyclically Adjusted PB Ratio?

Helios Towers LSE:HTWS -1.58% 79 Cyclically Adjusted PB Ratio is 16.65 as of Jul. 07, 2026, which is 1% above its 10-year median of 16.46. GuruFocus rates LSE:HTWS with a GF Score™ of 79/100 and a GF Value™ of £1.26 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 290 Telecommunication Services companies, Helios Towers ranks worse than 98.62% on this metric.

As of today (2026-07-07), Helios Towers's current share price is £1.998. Helios Towers's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was £0.12. Helios Towers's Cyclically Adjusted PB Ratio for today is 16.65.

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

LSE:HTWS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 13.6   Med: 16.46   Max: 20.43
Current: 16.34

During the past 10 years, Helios Towers's highest Cyclically Adjusted PB Ratio was 20.43. The lowest was 13.60. And the median was 16.46.

LSE:HTWS's Cyclically Adjusted PB Ratio is ranked worse than
98.62% of 290 companies
in the Telecommunication Services industry
Industry Median: 1.82 vs LSE:HTWS: 16.34

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.

Helios Towers's adjusted book value per share data of for the fiscal year that ended in Dec25 was £0.029. 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 £0.12 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Helios Towers  (LSE:HTWS) 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.


Helios Towers Cyclically Adjusted PB Ratio Related Terms


Helios Towers Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Helios Towers'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.

Helios Towers Cyclically Adjusted PB Ratio Chart

Helios Towers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 13.25

Helios Towers Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 13.25

LSE:HTWS vs TMUS, VZ, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Helios Towers'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.


Helios Towers Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


LSE:HTWS
79GF Score
Helios Towers PLC LSE:HTWS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Helios Towers 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.

Helios Towers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.998/0.12
=16.65

* 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.

Helios Towers's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Helios Towers's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.029/139.9000*139.9000
=0.029

Current CPI (Dec25) = 139.9000.

Helios Towers Annual Data

Book Value per Share CPI Adj_Book
201612 0.319 102.200 0.437
201712 0.188 105.000 0.250
201812 0.096 107.100 0.125
201912 0.134 108.500 0.173
202012 0.097 109.400 0.124
202112 0.121 114.700 0.148
202212 0.006 125.300 0.007
202312 -0.051 130.500 -0.055
202412 0.004 135.100 0.004
202512 0.029 139.900 0.029

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 16.65 mean?
Helios Towers (LSE:HTWS) has a Cyclically Adjusted PB Ratio of 16.65 as of Jul. 07, 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 Helios Towers and its competitors. This is near median its historical median of 16.46. Over the past decade, Helios Towers' Cyclically Adjusted PB Ratio has ranged from 13.60 to 20.43. According to the industry distribution chart, Helios Towers ranks #286 out of 290 companies in the Telecommunication Services industry, placing it in the top 98.6%.
Is Helios Towers' Cyclically Adjusted PB Ratio too high?
Helios Towers' current Cyclically Adjusted PB Ratio of 16.65 is near median its 10-year median of 16.46. Over the past 10 years, this metric has ranged from a low of 13.60 to a high of 20.43. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.82. Helios Towers' value of 16.65 is 814.8% above this industry median. Based on the distribution chart, Helios Towers ranks #286 out of 290 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Helios Towers has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Helios Towers' Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Helios Towers ranks #286 out of 290 companies for Cyclically Adjusted PB Ratio. This places Helios Towers in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.82. Helios Towers' value of 16.65 is 814.8% above this benchmark. Historically, Helios Towers' own Cyclically Adjusted PB Ratio has ranged from 13.60 to 20.43 over the past decade. While the company's 10-year median is 16.46 vs. the industry median of 1.82, Helios Towers 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 1.82, 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. Helios Towers's current Cyclically Adjusted PB Ratio of 16.65 is 814.8% 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 Helios Towers and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helios Towers's current Cyclically Adjusted PB Ratio is 16.65, which is near median its own 10-year median of 16.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helios Towers stock overvalued right now?
Based on GuruFocus' analysis, Helios Towers (LSE:HTWS) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.26, compared to a current price of £2.00 — trading 58.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 16.65, which is near median its 10-year median of 16.46 and 814.8% above the Telecommunication Services industry median of 1.82. Helios Towers' overall GF Score™ is 79/100 with 7 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 Helios Towers (LSE:HTWS), the current Cyclically Adjusted PB Ratio is 16.65 as of Jul. 07, 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 Helios Towers (LSE:HTWS) Overvalued in 2026?

Based on GuruFocus' analysis, Helios Towers stock appears to be overvalued. The current stock price of £2.00 is trading 58.6% above its estimated GF Value™ of £1.26. GuruFocus considers Helios Towers to be Significantly Overvalued.

Key valuation signals for LSE:HTWS:

  • Cyclically Adjusted PB Ratio: 16.65 (near median its 10-year median of 16.46)
  • GF Value™: £1.26 vs. price of £2.00 (58.6% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 814.8% above the Telecommunication Services median (#286 of 290)

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


Helios Towers Business Description

Address 8 Bishopsgate, 21st Floor, London, GBR, EC2N 4BQ
Helios Towers PLC is a United Kingdom-based company that provides telecommunications towers and infrastructure. The company offers tower-related operational services, including site selection, site preparation, maintenance, security, and power management. The solutions offered by the company include Colocation, Build-to-suit, In-building solutions, Managed Services, and others.
79GF Score

Get the complete analysis for LSE:HTWS

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

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Price
£1.26
GF Value