Biomaxima (FRA:944) Cyclically Adjusted Book per Share: €1.96 (As of Mar. 2026)

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.

FRA:944 Biomaxima SA FRA:944
60 GF Score
Price €1.97
GF Value €2.93
! 4 Warning Signs
View Full Analysis

What is Biomaxima Cyclically Adjusted Book per Share?

Biomaxima FRA:944 +0.20% 60 Cyclically Adjusted Book per Share is €1.96 as of Mar. 2026. GuruFocus rates FRA:944 with a GF Score™ of 60/100 and a GF Value™ of €2.93. The stock has 4 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 Book per Share and 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.

Biomaxima's adjusted book value per share for the three months ended in Mar. 2026 was €2.659. 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 €1.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Biomaxima's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Biomaxima was 17.20% per year. The lowest was 9.90% per year. And the median was 13.55% per year.

As of today (2026-09-04), Biomaxima's current stock price is €1.974. Biomaxima's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.96. Biomaxima's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Biomaxima was 8.18. The lowest was 0.93. And the median was 2.03.


Biomaxima  (FRA:944) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 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.

Biomaxima's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.974/1.96
=1.01

* 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 PB Ratio of Biomaxima was 8.18. The lowest was 0.93. And the median was 2.03.


Be Aware

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


Biomaxima Cyclically Adjusted Book per Share Related Terms


Biomaxima Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Biomaxima's Cyclically Adjusted Book 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.

Biomaxima Cyclically Adjusted Book per Share Chart

Biomaxima Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.47 1.75 1.83 1.88

Biomaxima Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book 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 1.86 1.87 1.91 1.88 1.96

FRA:944 vs TMO, DHR, NTRA: Cyclically Adjusted Book per Share Comparison

For the Diagnostics & Research subindustry, Biomaxima'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.


Biomaxima Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Biomaxima's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:944
60GF Score
Biomaxima SA FRA:944
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Biomaxima Cyclically Adjusted Book 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 Book per Share and 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.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

For example, Biomaxima's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.659/163.0700*163.0700
=2.659

Current CPI (Mar. 2026) = 163.0700.

Biomaxima Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.245 99.552 2.039
201609 1.213 99.064 1.997
201612 1.042 100.366 1.693
201703 1.091 101.018 1.761
201706 1.083 101.180 1.745
201709 1.105 101.343 1.778
201712 1.078 102.564 1.714
201803 1.135 102.564 1.805
201806 1.127 103.378 1.778
201809 1.090 103.378 1.719
201812 1.045 103.785 1.642
201903 1.060 104.274 1.658
201906 1.024 105.983 1.576
201909 1.021 105.983 1.571
201912 1.023 107.123 1.557
202003 0.922 109.076 1.378
202006 1.203 109.402 1.793
202009 1.263 109.320 1.884
202012 1.070 109.565 1.593
202103 1.533 112.658 2.219
202106 1.388 113.960 1.986
202109 1.462 115.588 2.063
202112 1.571 119.088 2.151
202203 2.909 125.031 3.794
202206 3.116 131.705 3.858
202209 2.900 135.531 3.489
202212 2.940 139.113 3.446
202303 3.074 145.950 3.435
202306 2.845 147.009 3.156
202309 2.823 146.113 3.151
202312 2.604 147.741 2.874
202403 2.608 149.044 2.853
202406 2.584 150.997 2.791
202409 2.570 153.439 2.731
202412 2.624 154.660 2.767
202503 2.652 157.021 2.754
202506 2.615 157.509 2.707
202509 2.596 158.000 2.679
202512 2.666 158.320 2.746
202603 2.659 163.070 2.659

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €1.96 mean?
Biomaxima (FRA:944) has a Cyclically Adjusted Book per Share of €1.96 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Biomaxima and its competitors.
Is Biomaxima's Cyclically Adjusted Book per Share too high?
Biomaxima's current Cyclically Adjusted Book per Share is €1.96. Overall, Biomaxima has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Biomaxima's Cyclically Adjusted Book per Share compare to TMO and DHR?
Biomaxima's Cyclically Adjusted Book per Share of €1.96 can be compared against companies in the Medical Diagnostics & Research 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 Book per Share for a Medical Diagnostics & Research company?
A good Cyclically Adjusted Book per Share depends on the Medical Diagnostics & Research industry context. However, Cyclically Adjusted Book 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 Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Biomaxima and its competitors. Biomaxima's current Cyclically Adjusted Book per Share is €1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biomaxima stock overvalued right now?
Biomaxima (FRA:944) has a current Cyclically Adjusted Book per Share of €1.96. The stock's GF Value™ is €2.93, compared to a current price of €1.97 — trading 32.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is €1.96. Biomaxima's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Biomaxima (FRA:944), the current Cyclically Adjusted Book per Share is €1.96 as of Mar. 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 Biomaxima (FRA:944) Overvalued in 2026?

Based on GuruFocus' analysis, Biomaxima stock appears to be undervalued. The current stock price of €1.97 is trading 32.6% below its estimated GF Value™ of €2.93.

Key valuation signals for FRA:944:

  • Cyclically Adjusted Book per Share: €1.96
  • GF Value™: €2.93 vs. price of €1.97 (32.6% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the FRA:944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Biomaxima Business Description

Other Exchanges BMX:Poland
Address 5 Vetterow Street, Lublin, POL, 20-277
BioMaxima SA is a Polish company operating in the market of laboratory diagnostics. It is a manufacturer of microbiological substrates as well as a wide range of reagents and diagnostic equipment. The company is also a distributor of products of recognized multinational diagnostic companies such as: Accelerate Diagnostics, Nova Biomedical, PHC Group, Technoclone, Kabe and Biolog.
60GF Score

Get the complete analysis for FRA:944

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

€1.97
Price
€2.93
GF Value