Asseco Business Solutions (WAR:ABS) Cyclically Adjusted Book per Share: zł12.96 (As of Mar. 2026)

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WAR:ABS Asseco Business Solutions SA WAR:ABS
93 GF Score
Price zł88.00
GF Value zł79.02
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asseco Business Solutions Cyclically Adjusted Book per Share?

Asseco Business Solutions WAR:ABS 93 Cyclically Adjusted Book per Share is zł12.96 as of Mar. 2026. GuruFocus rates WAR:ABS with a GF Score™ of 93/100 and a GF Value™ of zł79.02 (Modestly Overvalued). 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.

Asseco Business Solutions's adjusted book value per share for the three months ended in Mar. 2026 was zł13.388. 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 zł12.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Asseco Business Solutions's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.90% 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 Asseco Business Solutions was 10.60% per year. The lowest was 4.00% per year. And the median was 8.90% per year.

As of today (2026-08-02), Asseco Business Solutions's current stock price is zł88.00. Asseco Business Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł12.96. Asseco Business Solutions's Cyclically Adjusted PB Ratio of today is 6.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asseco Business Solutions was 7.34. The lowest was 2.60. And the median was 4.01.


Asseco Business Solutions  (WAR:ABS) 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.

Asseco Business Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=88.00/12.96
=6.79

* 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 Asseco Business Solutions was 7.34. The lowest was 2.60. And the median was 4.01.


Be Aware

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


Asseco Business Solutions Cyclically Adjusted Book per Share Related Terms


Asseco Business Solutions Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions Cyclically Adjusted Book per Share Chart

Asseco Business Solutions 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 9.56 11.18 11.84 12.35 12.59

Asseco Business Solutions 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 12.54 12.54 12.56 12.59 12.96

WAR:ABS vs QH, SHOP, UBER: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Asseco Business Solutions'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.


Asseco Business Solutions Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Asseco Business Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:ABS
93GF Score
Asseco Business Solutions SA WAR:ABS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asseco Business Solutions 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, Asseco Business Solutions'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)
=13.388/163.0700*163.0700
=13.388

Current CPI (Mar. 2026) = 163.0700.

Asseco Business Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.534 99.552 12.341
201609 7.869 99.064 12.953
201612 8.229 100.366 13.370
201703 8.630 101.018 13.931
201706 7.640 101.180 12.313
201709 7.946 101.343 12.786
201712 8.366 102.564 13.301
201803 8.809 102.564 14.006
201806 7.941 103.378 12.526
201809 8.367 103.378 13.198
201812 8.927 103.785 14.026
201903 9.241 104.274 14.452
201906 8.162 105.983 12.558
201909 8.631 105.983 13.280
201912 9.459 107.123 14.399
202003 9.923 109.076 14.835
202006 8.594 109.402 12.810
202009 9.065 109.320 13.522
202012 9.933 109.565 14.784
202103 10.423 112.658 15.087
202106 8.920 113.960 12.764
202109 9.481 115.588 13.376
202112 10.368 119.088 14.197
202203 10.895 125.031 14.210
202206 9.316 131.705 11.535
202209 9.952 135.531 11.974
202212 10.822 139.113 12.686
202303 11.430 145.950 12.771
202306 9.713 147.009 10.774
202309 10.483 146.113 11.700
202312 11.349 147.741 12.527
202403 12.068 149.044 13.204
202406 10.159 150.997 10.971
202409 10.268 153.439 10.912
202412 11.735 154.660 12.373
202503 12.636 157.021 13.123
202506 10.134 157.509 10.492
202509 11.252 158.000 11.613
202512 12.905 158.320 13.292
202603 13.388 163.070 13.388

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 zł12.96 mean?
Asseco Business Solutions (WAR:ABS) has a Cyclically Adjusted Book per Share of zł12.96 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 Asseco Business Solutions and its competitors.
Is Asseco Business Solutions' Cyclically Adjusted Book per Share too high?
Asseco Business Solutions' current Cyclically Adjusted Book per Share is zł12.96. Overall, Asseco Business Solutions has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asseco Business Solutions' Cyclically Adjusted Book per Share compare to QH and SHOP?
Asseco Business Solutions' Cyclically Adjusted Book per Share of zł12.96 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Asseco Business Solutions and its competitors. Asseco Business Solutions's current Cyclically Adjusted Book per Share is zł12.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco Business Solutions stock overvalued right now?
Based on GuruFocus' analysis, Asseco Business Solutions (WAR:ABS) is currently considered Modestly Overvalued. The stock's GF Value™ is zł79.02, compared to a current price of zł88.00 — trading 11.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł12.96. Asseco Business Solutions' overall GF Score™ is 93/100 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 Asseco Business Solutions (WAR:ABS), the current Cyclically Adjusted Book per Share is zł12.96 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 Asseco Business Solutions (WAR:ABS) Overvalued in 2026?

Based on GuruFocus' analysis, Asseco Business Solutions stock appears to be overvalued. The current stock price of zł88.00 is trading 11.4% above its estimated GF Value™ of zł79.02. GuruFocus considers Asseco Business Solutions to be Modestly Overvalued.

Key valuation signals for WAR:ABS:

  • Cyclically Adjusted Book per Share: zł12.96
  • GF Value™: zł79.02 vs. price of zł88.00 (11.4% above fair value)
  • GF Score™: 93/100 with 3 warning signs

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


Asseco Business Solutions Business Description

Other Exchanges 9QQ:Germany
Address ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.
93GF Score

Get the complete analysis for WAR:ABS

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

zł88.00
Price
zł79.02
GF Value