Grodno (FRA:WO7) Cyclically Adjusted Book per Share: €1.83 (As of Dec. 2025)


FRA:WO7 Grodno SA FRA:WO7
67 GF Score
Price €3.58
GF Value €2.26
! 3 Warning Signs
View Full Analysis

What is Grodno Cyclically Adjusted Book per Share?

Grodno FRA:WO7 +2.58% 67 Cyclically Adjusted Book per Share is €1.83 as of Dec. 2025. GuruFocus rates FRA:WO7 with a GF Score™ of 67/100 and a GF Value™ of €2.26. The stock has 3 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.

Grodno's adjusted book value per share for the three months ended in Dec. 2025 was €2.068. 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 €1.83 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Grodno's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.30% 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 Grodno was 23.40% per year. The lowest was 18.60% per year. And the median was 22.70% per year.

As of today (2026-07-13), Grodno's current stock price is €3.58. Grodno's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €1.83. Grodno's Cyclically Adjusted PB Ratio of today is 1.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grodno was 5.13. The lowest was 0.98. And the median was 2.06.


Grodno  (FRA:WO7) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.58/1.83
=1.96

* 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 Grodno was 5.13. The lowest was 0.98. And the median was 2.06.


Be Aware

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


Grodno Cyclically Adjusted Book per Share Related Terms


Grodno Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Grodno'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.

Grodno Cyclically Adjusted Book per Share Chart

Grodno Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.02 1.29 1.55 1.86

Grodno Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.71 1.86 1.79 1.83 1.83

FRA:WO7 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Grodno'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.


Grodno Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:WO7
67GF Score
Grodno SA FRA:WO7
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grodno 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, Grodno's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2.068/158.3200*158.3200
=2.068

Current CPI (Dec. 2025) = 158.3200.

Grodno Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.759 98.983 1.214
201606 0.766 99.552 1.218
201609 0.743 99.064 1.187
201612 0.828 100.366 1.306
201703 0.843 101.018 1.321
201706 0.850 101.180 1.330
201709 0.839 101.343 1.311
201712 0.931 102.564 1.437
201803 0.942 102.564 1.454
201806 0.950 103.378 1.455
201809 0.941 103.378 1.441
201812 1.018 103.785 1.553
201903 1.036 104.274 1.573
201906 1.051 105.983 1.570
201909 1.071 105.983 1.600
201912 1.172 107.123 1.732
202003 1.209 109.076 1.755
202006 1.295 109.402 1.874
202009 1.334 109.320 1.932
202012 1.365 109.565 1.972
202103 1.396 112.658 1.962
202106 1.520 113.960 2.112
202109 1.684 115.588 2.307
202112 1.834 119.088 2.438
202203 2.000 125.031 2.533
202206 2.132 131.705 2.563
202209 2.014 135.531 2.353
202212 2.142 139.113 2.438
202303 2.140 145.950 2.321
202306 2.209 147.009 2.379
202309 2.212 146.113 2.397
202312 2.290 147.741 2.454
202403 2.233 149.044 2.372
202406 2.235 150.997 2.343
202409 1.959 153.439 2.021
202412 2.001 154.660 2.048
202503 1.894 157.021 1.910
202506 1.930 157.509 1.940
202509 1.976 158.000 1.980
202512 2.068 158.320 2.068

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 €1.83 mean?
Grodno (FRA:WO7) has a Cyclically Adjusted Book per Share of €1.83 as of Dec. 2025. 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 Grodno and its competitors.
Is Grodno's Cyclically Adjusted Book per Share too high?
Grodno's current Cyclically Adjusted Book per Share is €1.83. Overall, Grodno has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Grodno's Cyclically Adjusted Book per Share compare to SNX and ARW?
Grodno's Cyclically Adjusted Book per Share of €1.83 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Grodno and its competitors. Grodno's current Cyclically Adjusted Book per Share is €1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grodno stock overvalued right now?
Grodno (FRA:WO7) has a current Cyclically Adjusted Book per Share of €1.83. The stock's GF Value™ is €2.26, compared to a current price of €3.58 — trading 58.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is €1.83. Grodno's overall GF Score™ is 67/100 with 3 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 Grodno (FRA:WO7), the current Cyclically Adjusted Book per Share is €1.83 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 Grodno (FRA:WO7) Overvalued in 2026?

Based on GuruFocus' analysis, Grodno stock appears to be overvalued. The current stock price of €3.58 is trading 58.4% above its estimated GF Value™ of €2.26.

Key valuation signals for FRA:WO7:

  • Cyclically Adjusted Book per Share: €1.83
  • GF Value™: €2.26 vs. price of €3.58 (58.4% above fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the FRA:WO7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grodno Business Description

Other Exchanges GRN:Poland
Address Ulica Kwiatkowa 14, Michalow Grabina, POL, 05-126
Grodno SA is a distributor of electrotechnical and lighting articles in Poland. The company's services include lighting audit, lighting design, AW/EW lighting designs together with arrangements, optimization of the lighting project and programming and commissioning of lighting control systems.
67GF Score

Get the complete analysis for FRA:WO7

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

€3.58
Price
€2.26
GF Value