ATAL (WAR:1AT) Cyclically Adjusted Book per Share: zł36.00 (As of Mar. 2026)


WAR:1AT ATAL SA WAR:1AT
84 GF Score
Price zł62.00
GF Value zł65.03
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is ATAL Cyclically Adjusted Book per Share?

ATAL WAR:1AT 84 Cyclically Adjusted Book per Share is zł36.00 as of Mar. 2026. GuruFocus rates WAR:1AT with a GF Score™ of 84/100 and a GF Value™ of zł65.03 (Fairly Valued). The stock has 6 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.

ATAL's adjusted book value per share for the three months ended in Mar. 2026 was zł41.150. 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 zł36.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ATAL's average Cyclically Adjusted Book Growth Rate was 4.90% 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.

As of today (2026-07-07), ATAL's current stock price is zł62.00. ATAL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł36.00. ATAL's Cyclically Adjusted PB Ratio of today is 1.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ATAL was 2.38. The lowest was 1.52. And the median was 1.75.


ATAL  (WAR:1AT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=62.00/36.00
=1.72

* 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 ATAL was 2.38. The lowest was 1.52. And the median was 1.75.


Be Aware

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


ATAL Cyclically Adjusted Book per Share Related Terms


ATAL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for ATAL'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.

ATAL Cyclically Adjusted Book per Share Chart

ATAL 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 29.29 32.68 34.62

ATAL 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 33.36 33.77 34.20 34.62 36.00

ATAL Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, ATAL'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.


ATAL Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


WAR:1AT
84GF Score
ATAL SA WAR:1AT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ATAL 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, ATAL'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)
=41.15/163.0700*163.0700
=41.150

Current CPI (Mar. 2026) = 163.0700.

ATAL Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.605 99.552 27.200
201609 17.707 99.064 29.148
201612 17.784 100.366 28.895
201703 18.809 101.018 30.363
201706 18.441 101.180 29.721
201709 19.532 101.343 31.429
201712 20.527 102.564 32.637
201803 22.000 102.564 34.979
201806 20.238 103.378 31.924
201809 21.294 103.378 33.589
201812 22.171 103.785 34.836
201903 23.341 104.274 36.502
201906 18.934 105.983 29.133
201909 19.207 105.983 29.553
201912 20.373 107.123 31.013
202003 20.953 109.076 31.325
202006 21.695 109.402 32.338
202009 22.501 109.320 33.564
202012 24.585 109.565 36.591
202103 25.950 112.658 37.562
202106 24.670 113.960 35.301
202109 26.567 115.588 37.480
202112 30.110 119.088 41.230
202203 32.925 125.031 42.942
202206 28.896 131.705 35.777
202209 30.630 135.531 36.854
202212 33.624 139.113 39.415
202303 35.022 145.950 39.130
202306 32.362 147.009 35.898
202309 35.950 146.113 40.122
202312 39.341 147.741 43.423
202403 41.561 149.044 45.472
202406 36.944 150.997 39.898
202409 39.286 153.439 41.752
202412 40.235 154.660 42.423
202503 40.641 157.021 42.207
202506 36.035 157.509 37.307
202509 37.822 158.000 39.036
202512 39.872 158.320 41.068
202603 41.150 163.070 41.150

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 zł36.00 mean?
ATAL (WAR:1AT) has a Cyclically Adjusted Book per Share of zł36.00 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 ATAL and its competitors.
Is ATAL's Cyclically Adjusted Book per Share too high?
ATAL's current Cyclically Adjusted Book per Share is zł36.00. Overall, ATAL has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ATAL's Cyclically Adjusted Book per Share compare to competitors?
ATAL's Cyclically Adjusted Book per Share of zł36.00 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 ATAL and its competitors. ATAL's current Cyclically Adjusted Book per Share is zł36.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATAL stock overvalued right now?
Based on GuruFocus' analysis, ATAL (WAR:1AT) is currently considered Fairly Valued. The stock's GF Value™ is zł65.03, compared to a current price of zł62.00 — trading 4.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł36.00. ATAL's overall GF Score™ is 84/100 with 6 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 ATAL (WAR:1AT), the current Cyclically Adjusted Book per Share is zł36.00 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 ATAL (WAR:1AT) Overvalued in 2026?

Based on GuruFocus' analysis, ATAL stock appears to be undervalued. The current stock price of zł62.00 is trading 4.7% below its estimated GF Value™ of zł65.03. GuruFocus considers ATAL to be Fairly Valued.

Key valuation signals for WAR:1AT:

  • Cyclically Adjusted Book per Share: zł36.00
  • GF Value™: zł65.03 vs. price of zł62.00 (4.7% below fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the WAR:1AT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ATAL Business Description

Other Exchanges 1UY:Germany
Address ul. Stawowa 27, Cieszyn, POL, 43-400
ATAL SA is a residential property development company in Poland. It is engaged in the construction and sale of apartments in multi-family buildings. It also constructs single-family houses.
84GF Score

Get the complete analysis for WAR:1AT

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

zł62.00
Price
zł65.03
GF Value