Binary Helix (WAR:BHX) Cyclically Adjusted PS Ratio: 118.67 (As of Aug. 11, 2026) — 230% Above 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.

WAR:BHX Binary Helix SA WAR:BHX
36 GF Score
Price zł3.56
GF Value zł1.75
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Binary Helix Cyclically Adjusted PS Ratio?

Binary Helix WAR:BHX -0.56% 36 Cyclically Adjusted PS Ratio is 118.67 as of Aug. 11, 2026, which is 230% above its 10-year median of 36.00. GuruFocus rates WAR:BHX with a GF Score™ of 36/100 and a GF Value™ of zł1.75 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,979 Hardware companies, Binary Helix ranks worse than 99.85% on this metric.

As of today (2026-08-11), Binary Helix's current share price is zł3.56. Binary Helix's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł0.03. Binary Helix's Cyclically Adjusted PS Ratio for today is 118.67.

The historical rank and industry rank for Binary Helix's Cyclically Adjusted PS Ratio or its related term are showing as below:

WAR:BHX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.61   Med: 36   Max: 190
Current: 103.39

During the past years, Binary Helix's highest Cyclically Adjusted PS Ratio was 190.00. The lowest was 4.61. And the median was 36.00.

WAR:BHX's Cyclically Adjusted PS Ratio is ranked worse than
99.85% of 1979 companies
in the Hardware industry
Industry Median: 1.39 vs WAR:BHX: 103.39

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Binary Helix's adjusted revenue per share data for the three months ended in Mar. 2026 was zł0.003. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is zł0.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Binary Helix  (WAR:BHX) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Binary Helix Cyclically Adjusted PS Ratio Related Terms


Binary Helix Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Binary Helix's Cyclically Adjusted PS 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.

Binary Helix Cyclically Adjusted PS Ratio Chart

Binary Helix Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 20.92 26.96 106.93 123.08

Binary Helix Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 95.39 79.64 77.70 123.08 109.75

WAR:BHX vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Binary Helix's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Binary Helix Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Binary Helix's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Binary Helix's Cyclically Adjusted PS Ratio falls into.


WAR:BHX
36GF Score
Binary Helix SA WAR:BHX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Binary Helix Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Binary Helix's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.56/0.03
=118.67

* 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.

Binary Helix's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Binary Helix's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.003/163.0700*163.0700
=0.003

Current CPI (Mar. 2026) = 163.0700.

Binary Helix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 99.552 0.000
201609 0.000 99.064 0.000
201612 0.000 100.366 0.000
201703 0.000 101.018 0.000
201706 0.000 101.180 0.000
201709 0.009 101.343 0.014
201712 0.001 102.564 0.002
201803 0.001 102.564 0.002
201806 0.000 103.378 0.000
201809 0.000 103.378 0.000
201812 0.000 103.785 0.000
201903 0.000 104.274 0.000
201906 0.000 105.983 0.000
201909 0.000 105.983 0.000
201912 0.000 107.123 0.000
202003 0.000 109.076 0.000
202006 0.000 109.402 0.000
202009 0.000 109.320 0.000
202012 0.000 109.565 0.000
202103 0.000 112.658 0.000
202106 0.000 113.960 0.000
202109 0.014 115.588 0.020
202112 0.017 119.088 0.023
202203 0.008 125.031 0.010
202206 0.000 131.705 0.000
202209 0.000 135.531 0.000
202212 0.005 139.113 0.006
202303 0.002 145.950 0.002
202306 0.006 147.009 0.007
202309 0.007 146.113 0.008
202312 0.008 147.741 0.009
202403 0.006 149.044 0.007
202406 0.011 150.997 0.012
202409 0.011 153.439 0.012
202412 0.011 154.660 0.012
202503 0.011 157.021 0.011
202506 0.004 157.509 0.004
202509 0.005 158.000 0.005
202512 0.005 158.320 0.005
202603 0.003 163.070 0.003

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 118.67 mean?
Binary Helix (WAR:BHX) has a Cyclically Adjusted PS Ratio of 118.67 as of Aug. 11, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Binary Helix and its competitors. This is 230% above median its historical median of 36.00. Over the past decade, Binary Helix's Cyclically Adjusted PS Ratio has ranged from 4.61 to 190.00. According to the industry distribution chart, Binary Helix ranks #1976 out of 1979 companies in the Hardware industry, placing it in the top 99.8%.
Is Binary Helix's Cyclically Adjusted PS Ratio too high?
Binary Helix's current Cyclically Adjusted PS Ratio of 118.67 is 230% above median its 10-year median of 36.00. Over the past 10 years, this metric has ranged from a low of 4.61 to a high of 190.00. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Binary Helix's value of 118.67 is 8437.4% above this industry median. Based on the distribution chart, Binary Helix ranks #1976 out of 1979 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Binary Helix has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Binary Helix's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Binary Helix ranks #1976 out of 1979 companies for Cyclically Adjusted PS Ratio. This places Binary Helix in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Binary Helix's value of 118.67 is 8437.4% above this benchmark. Historically, Binary Helix's own Cyclically Adjusted PS Ratio has ranged from 4.61 to 190.00 over the past decade. While the company's 10-year median is 36.00 vs. the industry median of 1.39, Binary Helix 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 PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,979 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Binary Helix's current Cyclically Adjusted PS Ratio of 118.67 is 8437.4% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Binary Helix and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binary Helix's current Cyclically Adjusted PS Ratio is 118.67, which is 230% above median its own 10-year median of 36.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binary Helix stock overvalued right now?
Based on GuruFocus' analysis, Binary Helix (WAR:BHX) is currently considered Significantly Overvalued. The stock's GF Value™ is zł1.75, compared to a current price of zł3.56 — trading 103.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 118.67, which is 230% above median its 10-year median of 36.00 and 8437.4% above the Hardware industry median of 1.39. Binary Helix's overall GF Score™ is 36/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Binary Helix (WAR:BHX), the current Cyclically Adjusted PS Ratio is 118.67 as of Aug. 11, 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 Binary Helix (WAR:BHX) Overvalued in 2026?

Based on GuruFocus' analysis, Binary Helix stock appears to be overvalued. The current stock price of zł3.56 is trading 103.4% above its estimated GF Value™ of zł1.75. GuruFocus considers Binary Helix to be Significantly Overvalued.

Key valuation signals for WAR:BHX:

  • Cyclically Adjusted PS Ratio: 118.67 (230% above median its 10-year median of 36.00)
  • GF Value™: zł1.75 vs. price of zł3.56 (103.4% above fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 8437.4% above the Hardware median (#1976 of 1979)

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


Binary Helix Business Description

Address Zygmunta Krasinskiego 29/9, Katowice, POL, 40-019
Binary Helix SA is engaged in designing and manufacturing high-technology products. The company designs, produces, and implements telemetry solutions, monitoring buildings, vehicles, and control systems known as Intelligent House. Its products include MediaCommunicator Basic+, MediaCommunicator Advance, Power Reducer, Sky Guardian, Rotoss Basic, Sky Track, and Roll Screen.
36GF Score

Get the complete analysis for WAR:BHX

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

zł3.56
Price
zł1.75
GF Value