Asseco Poland (WAR:ACP) Cyclically Adjusted Book per Share: zł96.14 (As of Mar. 2026)


WAR:ACP Asseco Poland SA WAR:ACP
80 GF Score
Price zł178.05
GF Value zł93.77
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asseco Poland Cyclically Adjusted Book per Share?

Asseco Poland WAR:ACP +1.22% 80 Cyclically Adjusted Book per Share is zł96.14 as of Mar. 2026. GuruFocus rates WAR:ACP with a GF Score™ of 80/100 and a GF Value™ of zł93.77 (Significantly 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 Poland's adjusted book value per share for the three months ended in Mar. 2026 was zł96.720. 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 zł96.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Asseco Poland's average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 Poland was 9.90% per year. The lowest was 2.70% per year. And the median was 6.70% per year.

As of today (2026-07-03), Asseco Poland's current stock price is zł178.05. Asseco Poland's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł96.14. Asseco Poland's Cyclically Adjusted PB Ratio of today is 1.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asseco Poland was 2.55. The lowest was 0.63. And the median was 0.91.


Asseco Poland  (WAR:ACP) 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 Poland's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=178.05/96.14
=1.85

* 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 Poland was 2.55. The lowest was 0.63. And the median was 0.91.


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 Poland Cyclically Adjusted Book per Share Related Terms


Asseco Poland Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Asseco Poland'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 Poland Cyclically Adjusted Book per Share Chart

Asseco Poland 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 76.42 88.96 93.05 95.68 96.34

Asseco Poland 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 96.68 96.53 96.41 96.34 96.14

WAR:ACP vs UBER, SHOP, CRM: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Asseco Poland'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 Poland Cyclically Adjusted PB Ratio vs Software Industry

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

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


WAR:ACP
80GF Score
Asseco Poland SA WAR:ACP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asseco Poland 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 Poland'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)
=96.72/163.0700*163.0700
=96.720

Current CPI (Mar. 2026) = 163.0700.

Asseco Poland Quarterly Data

Book Value per Share CPI Adj_Book
201606 64.046 99.552 104.909
201609 64.918 99.064 106.862
201612 66.327 100.366 107.765
201703 66.887 101.018 107.974
201706 64.337 101.180 103.690
201709 67.675 101.343 108.895
201712 67.487 102.564 107.300
201803 67.918 102.564 107.985
201806 67.165 103.378 105.947
201809 67.525 103.378 106.515
201812 68.888 103.785 108.239
201903 70.106 104.274 109.637
201906 67.575 105.983 103.974
201909 69.220 105.983 106.505
201912 69.457 107.123 105.733
202003 71.770 109.076 107.297
202006 69.460 109.402 103.534
202009 70.416 109.320 105.038
202012 72.824 109.565 108.387
202103 74.616 112.658 108.005
202106 72.204 113.960 103.320
202109 74.575 115.588 105.209
202112 75.689 119.088 103.642
202203 77.320 125.031 100.844
202206 76.372 131.705 94.559
202209 79.619 135.531 95.797
202212 78.910 139.113 92.499
202303 79.914 145.950 89.288
202306 76.255 147.009 84.586
202309 78.612 146.113 87.735
202312 77.765 147.741 85.834
202403 79.329 149.044 86.795
202406 77.406 150.997 83.595
202409 77.405 153.439 82.263
202412 80.577 154.660 84.958
202503 81.100 157.021 84.224
202506 78.827 157.509 81.610
202509 82.713 158.000 85.367
202512 92.233 158.320 95.000
202603 96.720 163.070 96.720

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 zł96.14 mean?
Asseco Poland (WAR:ACP) has a Cyclically Adjusted Book per Share of zł96.14 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 Poland and its competitors.
Is Asseco Poland's Cyclically Adjusted Book per Share too high?
Asseco Poland's current Cyclically Adjusted Book per Share is zł96.14. Overall, Asseco Poland has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asseco Poland's Cyclically Adjusted Book per Share compare to UBER and SHOP?
Asseco Poland's Cyclically Adjusted Book per Share of zł96.14 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 Poland and its competitors. Asseco Poland's current Cyclically Adjusted Book per Share is zł96.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco Poland stock overvalued right now?
Based on GuruFocus' analysis, Asseco Poland (WAR:ACP) is currently considered Significantly Overvalued. The stock's GF Value™ is zł93.77, compared to a current price of zł178.05 — trading 89.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł96.14. Asseco Poland's overall GF Score™ is 80/100 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 Poland (WAR:ACP), the current Cyclically Adjusted Book per Share is zł96.14 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 Poland (WAR:ACP) Overvalued in 2026?

Based on GuruFocus' analysis, Asseco Poland stock appears to be overvalued. The current stock price of zł178.05 is trading 89.9% above its estimated GF Value™ of zł93.77. GuruFocus considers Asseco Poland to be Significantly Overvalued.

Key valuation signals for WAR:ACP:

  • Cyclically Adjusted Book per Share: zł96.14
  • GF Value™: zł93.77 vs. price of zł178.05 (89.9% above fair value)
  • GF Score™: 80/100 with 3 warning signs

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


Asseco Poland Business Description

Address 14 Olchowa Street, Rzeszow, POL, 35-322
Asseco Poland SA is a Poland-based information technology (IT) company, which is engaged in the development of software for companies from different sectors of the economy. It also provides enterprise resource planning solutions and services to micro, small, and mid-sized companies, as well as large enterprises, and business intelligence software and services. The company's operating segments include the Asseco Poland segment, the Asseco International segment, and the Formula Systems segment. It generates the majority of its revenue from the Formula Systems segment.
80GF Score

Get the complete analysis for WAR:ACP

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

zł178.05
Price
zł93.77
GF Value