Rafamet (FRA:L9X) Cyclically Adjusted Book per Share: €5.64 (As of Mar. 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.

FRA:L9X Rafamet SA FRA:L9X
50 GF Score
Price €10.98
GF Value €1.28
! 5 Warning Signs
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What is Rafamet Cyclically Adjusted Book per Share?

Rafamet FRA:L9X +1.48% 50 Cyclically Adjusted Book per Share is €5.64 as of Mar. 2026. GuruFocus rates FRA:L9X with a GF Score™ of 50/100 and a GF Value™ of €1.28. The stock has 5 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.

Rafamet's adjusted book value per share for the three months ended in Mar. 2026 was €0.890. 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 €5.64 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rafamet's average Cyclically Adjusted Book Growth Rate was -6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Rafamet was 7.40% per year. The lowest was -2.60% per year. And the median was 4.30% per year.

As of today (2026-08-01), Rafamet's current stock price is €10.98. Rafamet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €5.64. Rafamet's Cyclically Adjusted PB Ratio of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rafamet was 4.67. The lowest was 0.31. And the median was 0.61.


Rafamet  (FRA:L9X) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.98/5.64
=1.95

* 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 Rafamet was 4.67. The lowest was 0.31. And the median was 0.61.


Be Aware

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


Rafamet Cyclically Adjusted Book per Share Related Terms


Rafamet Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rafamet'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.

Rafamet Cyclically Adjusted Book per Share Chart

Rafamet 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 0.00 0.00 0.00 0.00 0.00

Rafamet 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 0.00 0.00 0.00 0.00 5.64

FRA:L9X vs SNA, RBC, SWK: Cyclically Adjusted Book per Share Comparison

For the Tools & Accessories subindustry, Rafamet'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.


Rafamet Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rafamet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:L9X
50GF Score
Rafamet SA FRA:L9X
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafamet 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, Rafamet'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)
=0.89/163.0700*163.0700
=0.890

Current CPI (Mar. 2026) = 163.0700.

Rafamet Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.983 99.552 8.162
201609 5.012 99.064 8.250
201612 5.114 100.366 8.309
201703 5.063 101.018 8.173
201706 4.955 101.180 7.986
201709 5.052 101.343 8.129
201712 5.066 102.564 8.055
201803 5.092 102.564 8.096
201806 4.981 103.378 7.857
201809 4.985 103.378 7.863
201812 5.060 103.785 7.950
201903 5.070 104.274 7.929
201906 4.989 105.983 7.676
201909 5.005 105.983 7.701
201912 5.105 107.123 7.771
202003 5.062 109.076 7.568
202006 4.947 109.402 7.374
202009 5.025 109.320 7.496
202012 4.952 109.565 7.370
202103 4.981 112.658 7.210
202106 4.826 113.960 6.906
202109 4.852 115.588 6.845
202112 4.949 119.088 6.777
202203 4.868 125.031 6.349
202206 4.817 131.705 5.964
202209 4.681 135.531 5.632
202212 4.559 139.113 5.344
202303 4.325 145.950 4.832
202306 4.152 147.009 4.606
202309 4.241 146.113 4.733
202312 3.887 147.741 4.290
202403 3.959 149.044 4.332
202406 3.566 150.997 3.851
202409 3.271 153.439 3.476
202412 1.341 154.660 1.414
202503 1.747 157.021 1.814
202506 1.214 157.509 1.257
202509 1.123 158.000 1.159
202512 1.231 158.320 1.268
202603 0.890 163.070 0.890

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 €5.64 mean?
Rafamet (FRA:L9X) has a Cyclically Adjusted Book per Share of €5.64 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 Rafamet and its competitors.
Is Rafamet's Cyclically Adjusted Book per Share too high?
Rafamet's current Cyclically Adjusted Book per Share is €5.64. Overall, Rafamet has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Rafamet's Cyclically Adjusted Book per Share compare to SNA and RBC?
Rafamet's Cyclically Adjusted Book per Share of €5.64 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Rafamet and its competitors. Rafamet's current Cyclically Adjusted Book per Share is €5.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafamet stock overvalued right now?
Rafamet (FRA:L9X) has a current Cyclically Adjusted Book per Share of €5.64. The stock's GF Value™ is €1.28, compared to a current price of €10.98 — trading 757.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is €5.64. Rafamet's overall GF Score™ is 50/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Rafamet (FRA:L9X), the current Cyclically Adjusted Book per Share is €5.64 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 Rafamet (FRA:L9X) Overvalued in 2026?

Based on GuruFocus' analysis, Rafamet stock appears to be overvalued. The current stock price of €10.98 is trading 757.8% above its estimated GF Value™ of €1.28.

Key valuation signals for FRA:L9X:

  • Cyclically Adjusted Book per Share: €5.64
  • GF Value™: €1.28 vs. price of €10.98 (757.8% above fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the FRA:L9X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rafamet Business Description

Other Exchanges RAF:Poland
Address Street Staszica 1, Kuznia Raciborska, POL, 47-420
Rafamet SA is involved in manufacturing and selling special-purpose machine tools for wheelset machining globally. It offers vertical turning and horizontal lathes, horizontal drilling machines, milling machines, horizontal boring machines, and castings. It is a supplier of heavy-duty special-purpose machine tools for customers in the machine-building, power generation, shipbuilding, metallurgical, aerospace, and defense industries.
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Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.98
Price
€1.28
GF Value