High Co (LTS:0O9Y) Cyclically Adjusted PB Ratio: 0.77 (As of Sep. 06, 2026) — 37% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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.

LTS:0O9Y High Co LTS:0O9Y
72 GF Score
Price €3.56
GF Value €3.90
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is High Co Cyclically Adjusted PB Ratio?

High Co LTS:0O9Y +1.14% 72 Cyclically Adjusted PB Ratio is 0.77 as of Sep. 06, 2026, which is 37% below its 10-year median of 1.22. GuruFocus rates LTS:0O9Y with a GF Score™ of 72/100 and a GF Value™ of €3.90 (Fairly Valued). The stock has 5 warning signs investors should review. Among 653 Media - Diversified companies, High Co ranks better than 60.03% on this metric.

As of today (2026-09-06), High Co's current share price is €3.56. High Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €4.65. High Co's Cyclically Adjusted PB Ratio for today is 0.77.

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

LTS:0O9Y' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.22   Max: 1.94
Current: 0.76

During the past 13 years, High Co's highest Cyclically Adjusted PB Ratio was 1.94. The lowest was 0.51. And the median was 1.22.

LTS:0O9Y's Cyclically Adjusted PB Ratio is ranked better than
60.03% of 653 companies
in the Media - Diversified industry
Industry Median: 1.01 vs LTS:0O9Y: 0.76

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.

High Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was €3.797. 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 €4.65 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


High Co  (LTS:0O9Y) 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.


High Co Cyclically Adjusted PB Ratio Related Terms


High Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for High Co'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.

High Co Cyclically Adjusted PB Ratio Chart

High Co 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 1.20 1.09 0.82 0.54 0.85

High Co Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 0.82 0.00 0.54 0.00 0.85

LTS:0O9Y vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, High Co'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.


High Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, High Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0O9Y
72GF Score
High Co LTS:0O9Y
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

High Co 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.

High Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.56/4.65
=0.77

* 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.

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

For example, High Co'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)
=3.797/120.9000*120.9000
=3.797

Current CPI (Dec25) = 120.9000.

High Co Annual Data

Book Value per Share CPI Adj_Book
201612 3.267 100.650 3.924
201712 3.828 101.850 4.544
201812 4.096 103.470 4.786
201912 4.334 104.980 4.991
202012 4.428 104.960 5.100
202112 4.701 107.850 5.270
202212 4.412 114.160 4.672
202312 4.549 118.390 4.645
202412 4.737 119.950 4.775
202512 3.797 120.900 3.797

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 0.77 mean?
High Co (LTS:0O9Y) has a Cyclically Adjusted PB Ratio of 0.77 as of Sep. 06, 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 High Co and its competitors. This is 37% below median its historical median of 1.22. Over the past decade, High Co's Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.94. According to the industry distribution chart, High Co ranks #261 out of 653 companies in the Media - Diversified industry, placing it in the top 40%.
Is High Co's Cyclically Adjusted PB Ratio too high?
High Co's current Cyclically Adjusted PB Ratio of 0.77 is 37% below median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.94. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.01. High Co's value of 0.77 is 23.8% below this industry median. Based on the distribution chart, High Co ranks #261 out of 653 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, High Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does High Co's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, High Co ranks #261 out of 653 companies for Cyclically Adjusted PB Ratio. This puts High Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. High Co's value of 0.77 is 23.8% below this benchmark. Historically, High Co's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.94 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.01, High Co has consistently been below 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.01, based on 653 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. High Co's current Cyclically Adjusted PB Ratio of 0.77 is 23.8% below 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 High Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Co's current Cyclically Adjusted PB Ratio is 0.77, which is 37% below median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Co stock overvalued right now?
Based on GuruFocus' analysis, High Co (LTS:0O9Y) is currently considered Fairly Valued. The stock's GF Value™ is €3.90, compared to a current price of €3.56 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.77, which is 37% below median its 10-year median of 1.22 and 23.8% below the Media - Diversified industry median of 1.01. High Co's overall GF Score™ is 72/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For High Co (LTS:0O9Y), the current Cyclically Adjusted PB Ratio is 0.77 as of Sep. 06, 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 High Co (LTS:0O9Y) Overvalued in 2026?

Based on GuruFocus' analysis, High Co stock appears to be undervalued. The current stock price of €3.56 is trading 8.7% below its estimated GF Value™ of €3.90. GuruFocus considers High Co to be Fairly Valued.

Key valuation signals for LTS:0O9Y:

  • Cyclically Adjusted PB Ratio: 0.77 (37% below median its 10-year median of 1.22)
  • GF Value™: €3.90 vs. price of €3.56 (8.7% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 23.8% below the Media - Diversified median (#261 of 653)

No single metric tells the full story. See the LTS:0O9Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Co Business Description

Other Exchanges HCO:FranceHIH:Germany
Address 365 Avenue Archimede, Cedex 3, CS 60 346, Aix-en-Provence, FRA, 13799
High Co is a France based company engaged in offering marketing solutions for various brands and stores worldwide. The company provides drive to store solutions to generate traffic and develop a preference for the brand and store; in-store solutions to boost sales at physical points of sale and online, and data analysis and management solutions to enhance understanding of shoppers and target actions with a focus on R.O.I.
72GF Score

Get the complete analysis for LTS:0O9Y

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

€3.56
Price
€3.90
GF Value