Hellenic Telecommunication Organization (ATH:HTO) Cyclically Adjusted Revenue per Share: €9.13 (As of Dec. 2025)


ATH:HTO Hellenic Telecommunication Organization SA ATH:HTO
85 GF Score
Price €19.50
GF Value €14.80
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Hellenic Telecommunication Organization Cyclically Adjusted Revenue per Share?

Hellenic Telecommunication Organization ATH:HTO 85 Cyclically Adjusted Revenue per Share is €9.13 as of Dec. 2025. GuruFocus rates ATH:HTO with a GF Score™ of 85/100 and a GF Value™ of €14.80 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Hellenic Telecommunication Organization's adjusted revenue per share for the three months ended in Dec. 2025 was €2.263. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €9.13 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hellenic Telecommunication Organization's average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Hellenic Telecommunication Organization was 4.80% per year. The lowest was -5.60% per year. And the median was -2.40% per year.

As of today (2026-07-07), Hellenic Telecommunication Organization's current stock price is €19.50. Hellenic Telecommunication Organization's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €9.13. Hellenic Telecommunication Organization's Cyclically Adjusted PS Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hellenic Telecommunication Organization was 2.16. The lowest was 0.76. And the median was 1.62.


Hellenic Telecommunication Organization  (ATH:HTO) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Hellenic Telecommunication Organization's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.50/9.13
=2.14

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hellenic Telecommunication Organization was 2.16. The lowest was 0.76. And the median was 1.62.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Hellenic Telecommunication Organization Cyclically Adjusted Revenue per Share Related Terms


Hellenic Telecommunication Organization Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hellenic Telecommunication Organization's Cyclically Adjusted Revenue per Share 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.

Hellenic Telecommunication Organization Cyclically Adjusted Revenue per Share Chart

Hellenic Telecommunication Organization Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.44 8.68 8.80 8.98 9.13

Hellenic Telecommunication Organization Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted Revenue per Share 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 8.98 9.02 9.11 9.13 9.13

ATH:HTO vs TMUS, VZ, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, Hellenic Telecommunication Organization'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.


Hellenic Telecommunication Organization Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

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

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


ATH:HTO
85GF Score
Hellenic Telecommunication Organization SA ATH:HTO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hellenic Telecommunication Organization Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Hellenic Telecommunication Organization's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2.263/122.4500*122.4500
=2.263

Current CPI (Dec. 2025) = 122.4500.

Hellenic Telecommunication Organization Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.924 100.549 2.343
201506 1.950 100.838 2.368
201509 1.987 100.856 2.412
201512 2.121 100.087 2.595
201603 1.899 99.041 2.348
201606 1.953 100.121 2.389
201609 2.041 99.878 2.502
201612 2.101 100.110 2.570
201703 1.900 100.770 2.309
201706 1.921 101.138 2.326
201709 2.028 100.882 2.462
201712 1.919 100.762 2.332
201803 1.885 100.534 2.296
201806 1.967 102.121 2.359
201809 2.046 101.982 2.457
201812 1.928 101.330 2.330
201906 0.000 101.837 0.000
201912 0.000 102.120 0.000
202006 0.000 100.239 0.000
202012 0.000 99.751 0.000
202103 1.386 99.817 1.700
202106 1.820 101.270 2.201
202109 1.681 102.095 2.016
202112 1.960 104.853 2.289
202203 1.857 108.651 2.093
202206 1.917 113.517 2.068
202209 2.086 114.371 2.233
202212 2.064 112.428 2.248
202303 1.874 113.620 2.020
202306 2.016 115.515 2.137
202309 2.117 116.234 2.230
202312 2.236 116.364 2.353
202403 2.115 117.285 2.208
202406 2.216 118.129 2.297
202409 2.033 119.650 2.081
202412 2.637 119.360 2.705
202503 2.173 120.133 2.215
202506 2.261 121.399 2.281
202509 2.164 121.950 2.173
202512 2.263 122.450 2.263

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €9.13 mean?
Hellenic Telecommunication Organization (ATH:HTO) has a Cyclically Adjusted Revenue per Share of €9.13 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hellenic Telecommunication Organization and its competitors.
Is Hellenic Telecommunication Organization's Cyclically Adjusted Revenue per Share too high?
Hellenic Telecommunication Organization's current Cyclically Adjusted Revenue per Share is €9.13. Overall, Hellenic Telecommunication Organization has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hellenic Telecommunication Organization's Cyclically Adjusted Revenue per Share compare to TMUS and VZ?
Hellenic Telecommunication Organization's Cyclically Adjusted Revenue per Share of €9.13 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hellenic Telecommunication Organization and its competitors. Hellenic Telecommunication Organization's current Cyclically Adjusted Revenue per Share is €9.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hellenic Telecommunication Organization stock overvalued right now?
Based on GuruFocus' analysis, Hellenic Telecommunication Organization (ATH:HTO) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.80, compared to a current price of €19.50 — trading 31.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €9.13. Hellenic Telecommunication Organization's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Hellenic Telecommunication Organization (ATH:HTO), the current Cyclically Adjusted Revenue per Share is €9.13 as of Dec. 2025. 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 Hellenic Telecommunication Organization (ATH:HTO) Overvalued in 2026?

Based on GuruFocus' analysis, Hellenic Telecommunication Organization stock appears to be overvalued. The current stock price of €19.50 is trading 31.8% above its estimated GF Value™ of €14.80. GuruFocus considers Hellenic Telecommunication Organization to be Significantly Overvalued.

Key valuation signals for ATH:HTO:

  • Cyclically Adjusted Revenue per Share: €9.13
  • GF Value™: €14.80 vs. price of €19.50 (31.8% above fair value)
  • GF Score™: 85/100 with 6 warning signs

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


Hellenic Telecommunication Organization Business Description

Address 99 Kifissias Avenue, Marousi, GRC, 15124
Hellenic Telecommunication Organization SA 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: i) Greece - Fixed business includes fixed-line services, internet access services, national and international wholesale services, and TV services in Greece. ii) Greece - Mobile business includes mobile telecommunications services and retail operations (shops). iii) TELEKOM ROMANIA MOBILE provides mobile telecommunications services in Romania.
85GF Score

Get the complete analysis for ATH:HTO

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

€19.50
Price
€14.80
GF Value