Helios and Matheson Analytics (STU:QCLP) Cyclically Adjusted PB Ratio: (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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 Helios and Matheson Analytics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Helios and Matheson Analytics  (STU:QCLP) 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 and Matheson Analytics Cyclically Adjusted PB Ratio Related Terms


Helios and Matheson Analytics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Helios and Matheson Analytics'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 and Matheson Analytics Cyclically Adjusted PB Ratio Chart

Helios and Matheson Analytics Annual Data
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Cyclically Adjusted PB Ratio
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Helios and Matheson Analytics Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Helios and Matheson Analytics Cyclically Adjusted PB Ratio Competitor Comparison

For the Information Technology Services subindustry, Helios and Matheson Analytics'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 and Matheson Analytics Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Helios and Matheson Analytics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Helios and Matheson Analytics 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 and Matheson Analytics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Helios and Matheson Analytics's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=0.062/252.4390*252.4390
=0.062

Current CPI (Sep. 2018) = 252.4390.

Helios and Matheson Analytics Quarterly Data

Book Value per Share CPI Adj_Book
200812 678.000 210.228 814.133
200903 560.250 212.709 664.894
200906 441.750 215.693 517.008
200909 333.000 215.969 389.233
200912 447.500 215.949 523.116
201003 332.000 217.631 385.100
201006 298.600 217.965 345.827
201009 292.600 218.439 338.143
201012 277.100 219.179 319.149
201103 252.900 223.467 285.688
201106 247.100 225.722 276.347
201109 263.200 226.889 292.839
201112 292.800 225.672 327.529
201203 292.800 229.392 322.218
201206 315.600 229.478 347.178
201209 318.800 231.407 347.775
201212 324.100 229.601 356.338
201303 319.900 232.773 346.927
201306 321.200 233.504 347.246
201309 323.500 234.149 348.769
201312 320.900 233.049 347.599
201403 298.500 236.293 318.897
201406 297.900 238.343 315.518
201409 310.500 238.031 329.295
201412 325.200 234.812 349.612
201503 375.200 236.119 401.133
201506 367.200 238.638 388.436
201509 162.300 237.945 172.186
201512 172.400 236.525 184.000
201603 155.200 238.132 164.524
201606 141.000 241.018 147.681
201609 62.000 241.428 64.828
201612 565.850 241.432 591.647
201703 471.100 243.801 487.791
201706 317.000 244.955 326.685
201709 -673.367 246.819 -688.699
201712 -329.580 246.524 -337.488
201803 -14.265 249.554 -14.430
201806 46.578 251.989 46.661
201809 0.062 252.439 0.062

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.


Helios and Matheson Analytics Business Description

Address Empire State Building, 350 Fifth Avenue, New York, NY, USA, 10118
Helios and Matheson Analytics Inc is a United States-based company, that engages in the provision of information technology services and solutions. Its services include application value management, application development, integration, independent validation, infrastructure, information management, and analytics services. The company serves various industries including financial, healthcare, retail, education, and government.