Mennica Skarbowa (STU:98S) Cyclically Adjusted Book per Share: €8.02 (As of Mar. 2026)


STU:98S Mennica Skarbowa SA STU:98S
74 GF Score
Price €12.25
GF Value €22.21
! 3 Warning Signs
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What is Mennica Skarbowa Cyclically Adjusted Book per Share?

Mennica Skarbowa STU:98S -4.67% 74 Cyclically Adjusted Book per Share is €8.02 as of Mar. 2026. GuruFocus rates STU:98S with a GF Score™ of 74/100 and a GF Value™ of €22.21. 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.

Mennica Skarbowa's adjusted book value per share for the three months ended in Mar. 2026 was €17.206. 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 €8.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mennica Skarbowa's average Cyclically Adjusted Book Growth Rate was 23.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 33.00% 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 Mennica Skarbowa was 50.90% per year. The lowest was 33.00% per year. And the median was 41.95% per year.

As of today (2026-07-09), Mennica Skarbowa's current stock price is €12.25. Mennica Skarbowa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.02. Mennica Skarbowa's Cyclically Adjusted PB Ratio of today is 1.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mennica Skarbowa was 18.64. The lowest was 1.53. And the median was 2.65.


Mennica Skarbowa  (STU:98S) 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.

Mennica Skarbowa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.25/8.02
=1.53

* 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 Mennica Skarbowa was 18.64. The lowest was 1.53. And the median was 2.65.


Be Aware

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


Mennica Skarbowa Cyclically Adjusted Book per Share Related Terms


Mennica Skarbowa Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mennica Skarbowa'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.

Mennica Skarbowa Cyclically Adjusted Book per Share Chart

Mennica Skarbowa 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 1.54 2.78 4.28 5.54 6.88

Mennica Skarbowa 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 6.03 6.33 6.15 6.88 8.02

STU:98S vs TPR, SIG, CPRI: Cyclically Adjusted Book per Share Comparison

For the Luxury Goods subindustry, Mennica Skarbowa'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.


Mennica Skarbowa Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mennica Skarbowa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:98S
74GF Score
Mennica Skarbowa SA STU:98S
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Mennica Skarbowa 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, Mennica Skarbowa'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)
=17.206/163.0700*163.0700
=17.206

Current CPI (Mar. 2026) = 163.0700.

Mennica Skarbowa Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.486 99.552 0.796
201609 0.538 99.064 0.886
201612 0.609 100.366 0.989
201703 0.678 101.018 1.094
201706 0.752 101.180 1.212
201709 0.765 101.343 1.231
201712 0.727 102.564 1.156
201803 0.732 102.564 1.164
201806 0.657 103.378 1.036
201809 0.771 103.378 1.216
201812 0.998 103.785 1.568
201903 0.811 104.274 1.268
201906 0.965 105.983 1.485
201909 1.413 105.983 2.174
201912 1.768 107.123 2.691
202003 3.066 109.076 4.584
202006 3.663 109.402 5.460
202009 5.108 109.320 7.619
202012 5.071 109.565 7.547
202103 6.742 112.658 9.759
202106 4.896 113.960 7.006
202109 6.226 115.588 8.784
202112 7.646 119.088 10.470
202203 11.462 125.031 14.949
202206 11.931 131.705 14.772
202209 12.792 135.531 15.391
202212 12.154 139.113 14.247
202303 12.855 145.950 14.363
202306 12.342 147.009 13.690
202309 11.326 146.113 12.640
202312 10.232 147.741 11.294
202403 11.388 149.044 12.460
202406 12.044 150.997 13.007
202409 12.401 153.439 13.179
202412 11.977 154.660 12.628
202503 12.468 157.021 12.948
202506 12.962 157.509 13.420
202509 13.864 158.000 14.309
202512 15.132 158.320 15.586
202603 17.206 163.070 17.206

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 €8.02 mean?
Mennica Skarbowa (STU:98S) has a Cyclically Adjusted Book per Share of €8.02 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 Mennica Skarbowa and its competitors.
Is Mennica Skarbowa's Cyclically Adjusted Book per Share too high?
Mennica Skarbowa's current Cyclically Adjusted Book per Share is €8.02. Overall, Mennica Skarbowa has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Mennica Skarbowa's Cyclically Adjusted Book per Share compare to TPR and SIG?
Mennica Skarbowa's Cyclically Adjusted Book per Share of €8.02 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Mennica Skarbowa and its competitors. Mennica Skarbowa's current Cyclically Adjusted Book per Share is €8.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mennica Skarbowa stock overvalued right now?
Mennica Skarbowa (STU:98S) has a current Cyclically Adjusted Book per Share of €8.02. The stock's GF Value™ is €22.21, compared to a current price of €12.25 — trading 44.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is €8.02. Mennica Skarbowa's overall GF Score™ is 74/100 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 Mennica Skarbowa (STU:98S), the current Cyclically Adjusted Book per Share is €8.02 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 Mennica Skarbowa (STU:98S) Overvalued in 2026?

Based on GuruFocus' analysis, Mennica Skarbowa stock appears to be undervalued. The current stock price of €12.25 is trading 44.8% below its estimated GF Value™ of €22.21.

Key valuation signals for STU:98S:

  • Cyclically Adjusted Book per Share: €8.02
  • GF Value™: €22.21 vs. price of €12.25 (44.8% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the STU:98S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mennica Skarbowa Business Description

Other Exchanges MNS:Poland
Address Ulica Jasna 1, Warsaw, POL, 00-013
Mennica Skarbowa SA is an investment company in Poland. The company markets and sells capital goods such as gold, diamonds, silver as well as advice to diversify the investment portfolio of alternative investments.
74GF Score

Get the complete analysis for STU:98S

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

€12.25
Price
€22.21
GF Value