AB Spolka Akcyjna (WAR:ABE) Cyclically Adjusted Book per Share: zł81.95 (As of Mar. 2026)


WAR:ABE AB Spolka Akcyjna WAR:ABE
88 GF Score
Price zł134.80
GF Value zł102.47
Valuation Significantly Overvalued
! 5 Warning Signs
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What is AB Spolka Akcyjna Cyclically Adjusted Book per Share?

AB Spolka Akcyjna WAR:ABE +0.15% 88 Cyclically Adjusted Book per Share is zł81.95 as of Mar. 2026. GuruFocus rates WAR:ABE with a GF Score™ of 88/100 and a GF Value™ of zł102.47 (Significantly Overvalued). 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.

AB Spolka Akcyjna's adjusted book value per share for the three months ended in Mar. 2026 was zł98.231. 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 zł81.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AB Spolka Akcyjna's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.90% 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 AB Spolka Akcyjna was 19.90% per year. The lowest was 13.10% per year. And the median was 16.20% per year.

As of today (2026-07-07), AB Spolka Akcyjna's current stock price is zł134.80. AB Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł81.95. AB Spolka Akcyjna's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AB Spolka Akcyjna was 1.85. The lowest was 0.42. And the median was 0.97.


AB Spolka Akcyjna  (WAR:ABE) 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.

AB Spolka Akcyjna's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=134.80/81.95
=1.64

* 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 AB Spolka Akcyjna was 1.85. The lowest was 0.42. And the median was 0.97.


Be Aware

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


AB Spolka Akcyjna Cyclically Adjusted Book per Share Related Terms


AB Spolka Akcyjna Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AB Spolka Akcyjna'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.

AB Spolka Akcyjna Cyclically Adjusted Book per Share Chart

AB Spolka Akcyjna Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.81 52.55 63.11 70.41 77.12

AB Spolka Akcyjna Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 74.33 75.71 77.12 78.54 81.95

WAR:ABE vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, AB Spolka Akcyjna'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.


AB Spolka Akcyjna Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


WAR:ABE
88GF Score
AB Spolka Akcyjna WAR:ABE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AB Spolka Akcyjna 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, AB Spolka Akcyjna'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)
=98.231/163.0700*163.0700
=98.231

Current CPI (Mar. 2026) = 163.0700.

AB Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201603 35.366 98.983 58.264
201606 36.102 99.552 59.136
201609 36.988 99.064 60.886
201612 38.856 100.366 63.131
201703 39.529 101.018 63.811
201706 41.003 101.180 66.084
201709 41.767 101.343 67.207
201712 43.536 102.564 69.219
201803 44.153 102.564 70.200
201806 44.404 103.378 70.043
201809 45.595 103.378 71.922
201812 47.214 103.785 74.184
201903 47.638 104.274 74.500
201906 48.814 105.983 75.107
201909 49.300 105.983 75.855
201912 51.239 107.123 78.000
202003 50.056 109.076 74.834
202006 52.670 109.402 78.508
202009 53.318 109.320 79.533
202012 57.637 109.565 85.784
202103 59.247 112.658 85.759
202106 61.485 113.960 87.981
202109 63.145 115.588 89.084
202112 67.495 119.088 92.422
202203 70.111 125.031 91.442
202206 70.945 131.705 87.840
202209 73.463 135.531 88.390
202212 78.283 139.113 91.765
202303 81.362 145.950 90.906
202306 81.095 147.009 89.955
202312 84.749 147.741 93.542
202403 83.617 149.044 91.486
202406 85.997 150.997 92.873
202409 88.024 153.439 93.549
202412 92.114 154.660 97.123
202503 91.333 157.021 94.852
202506 94.409 157.509 97.742
202509 97.260 158.000 100.381
202512 103.305 158.320 106.404
202603 98.231 163.070 98.231

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 zł81.95 mean?
AB Spolka Akcyjna (WAR:ABE) has a Cyclically Adjusted Book per Share of zł81.95 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 AB Spolka Akcyjna and its competitors.
Is AB Spolka Akcyjna's Cyclically Adjusted Book per Share too high?
AB Spolka Akcyjna's current Cyclically Adjusted Book per Share is zł81.95. Overall, AB Spolka Akcyjna has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AB Spolka Akcyjna's Cyclically Adjusted Book per Share compare to SNX and ARW?
AB Spolka Akcyjna's Cyclically Adjusted Book per Share of zł81.95 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 AB Spolka Akcyjna and its competitors. AB Spolka Akcyjna's current Cyclically Adjusted Book per Share is zł81.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AB Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, AB Spolka Akcyjna (WAR:ABE) is currently considered Significantly Overvalued. The stock's GF Value™ is zł102.47, compared to a current price of zł134.80 — trading 31.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł81.95. AB Spolka Akcyjna's overall GF Score™ is 88/100 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 AB Spolka Akcyjna (WAR:ABE), the current Cyclically Adjusted Book per Share is zł81.95 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 AB Spolka Akcyjna (WAR:ABE) Overvalued in 2026?

Based on GuruFocus' analysis, AB Spolka Akcyjna stock appears to be overvalued. The current stock price of zł134.80 is trading 31.6% above its estimated GF Value™ of zł102.47. GuruFocus considers AB Spolka Akcyjna to be Significantly Overvalued.

Key valuation signals for WAR:ABE:

  • Cyclically Adjusted Book per Share: zł81.95
  • GF Value™: zł102.47 vs. price of zł134.80 (31.6% above fair value)
  • GF Score™: 88/100 with 5 warning signs

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


AB Spolka Akcyjna Business Description

Other Exchanges 8B6:Germany
Address ul. Europejska 4, Magnice, POL, 55-040
AB Spolka Akcyjna is a Poland-based company that operates as a distributor of IT and consumer electronics. The company distributes consumer electronics and equipment connected with mobile telephony, expands its portfolio of products. The group also trades in household appliances, toys, telephone products, and digital terrestrial televisions; and provides cloud computing solutions and other services, and logistics services. In addition, it manufactures personal computers; and engages in retail trade activities. Geographically its business presence can be seen in the region of Poland, the Czech Republic, and Slovakia.
88GF Score

Get the complete analysis for WAR:ABE

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

zł134.80
Price
zł102.47
GF Value