Octava (WAR:08N) Cyclically Adjusted Book per Share: zł1.85 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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WAR:08N Octava SA WAR:08N
58 GF Score
Price zł0.62
GF Value zł1.11
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Octava Cyclically Adjusted Book per Share?

Octava WAR:08N 58 Cyclically Adjusted Book per Share is zł1.85 as of Mar. 2026. GuruFocus rates WAR:08N with a GF Score™ of 58/100 and a GF Value™ of zł1.11 (Possible Value Trap). 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.

Octava's adjusted book value per share for the three months ended in Mar. 2026 was zł0.956. 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 zł1.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Octava's average Cyclically Adjusted Book Growth Rate was -3.10% 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 Octava was 2.20% per year. The lowest was -4.60% per year. And the median was -2.80% per year.

As of today (2026-07-14), Octava's current stock price is zł0.62. Octava's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł1.85. Octava's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Octava was 0.59. The lowest was 0.34. And the median was 0.49.


Octava  (WAR:08N) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.62/1.85
=0.34

* 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 Octava was 0.59. The lowest was 0.34. And the median was 0.49.


Be Aware

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


Octava Cyclically Adjusted Book per Share Related Terms


Octava Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Octava'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.

Octava Cyclically Adjusted Book per Share Chart

Octava 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 1.80 1.90 1.92 1.92 1.83

Octava 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 1.91 1.89 1.86 1.83 1.85

WAR:08N vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Octava'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.


Octava Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Octava's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:08N
58GF Score
Octava SA WAR:08N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Octava 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, Octava'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)
=0.956/163.0700*163.0700
=0.956

Current CPI (Mar. 2026) = 163.0700.

Octava Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.488 99.552 2.437
201609 1.495 99.064 2.461
201612 1.493 100.366 2.426
201703 1.487 101.018 2.400
201706 1.499 101.180 2.416
201709 1.520 101.343 2.446
201712 1.508 102.564 2.398
201803 1.577 102.564 2.507
201806 1.597 103.378 2.519
201809 1.620 103.378 2.555
201812 1.514 103.785 2.379
201903 1.527 104.274 2.388
201906 1.454 105.983 2.237
201909 1.446 105.983 2.225
201912 1.452 107.123 2.210
202003 1.522 109.076 2.275
202006 1.471 109.402 2.193
202009 1.455 109.320 2.170
202012 1.400 109.565 2.084
202103 1.395 112.658 2.019
202106 1.371 113.960 1.962
202109 1.365 115.588 1.926
202112 1.313 119.088 1.798
202203 1.345 125.031 1.754
202206 1.436 131.705 1.778
202209 1.428 135.531 1.718
202212 1.215 139.113 1.424
202303 1.208 145.950 1.350
202306 1.187 147.009 1.317
202309 1.194 146.113 1.333
202312 1.303 147.741 1.438
202403 1.146 149.044 1.254
202406 1.107 150.997 1.196
202409 1.062 153.439 1.129
202412 0.982 154.660 1.035
202503 0.915 157.021 0.950
202506 0.953 157.509 0.987
202509 0.939 158.000 0.969
202512 0.966 158.320 0.995
202603 0.956 163.070 0.956

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 zł1.85 mean?
Octava (WAR:08N) has a Cyclically Adjusted Book per Share of zł1.85 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 Octava and its competitors.
Is Octava's Cyclically Adjusted Book per Share too high?
Octava's current Cyclically Adjusted Book per Share is zł1.85. Overall, Octava has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Octava's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Octava's Cyclically Adjusted Book per Share of zł1.85 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Octava and its competitors. Octava's current Cyclically Adjusted Book per Share is zł1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octava stock overvalued right now?
Based on GuruFocus' analysis, Octava (WAR:08N) is currently considered Possible Value Trap. The stock's GF Value™ is zł1.11, compared to a current price of zł0.62 — trading 44.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł1.85. Octava's overall GF Score™ is 58/100 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 Octava (WAR:08N), the current Cyclically Adjusted Book per Share is zł1.85 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 Octava (WAR:08N) Overvalued in 2026?

Based on GuruFocus' analysis, Octava stock appears to be undervalued. The current stock price of zł0.62 is trading 44.1% below its estimated GF Value™ of zł1.11. GuruFocus considers Octava to be Possible Value Trap.

Key valuation signals for WAR:08N:

  • Cyclically Adjusted Book per Share: zł1.85
  • GF Value™: zł1.11 vs. price of zł0.62 (44.1% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the WAR:08N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Octava Business Description

Address ul. Twarda 18, Warszawa, POL, 00-105
Octava SA operates in the real estate sector as an active financial investor. Its main investment targets include medium term, medium size real estate projects which allow for value creation through full-scale development or redevelopment.
58GF Score

Get the complete analysis for WAR:08N

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

zł0.62
Price
zł1.11
GF Value