Przedsiebiorstwo Komunalne AQUA (WAR:AQU) Cyclically Adjusted Book per Share: zł37.87 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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WAR:AQU Przedsiebiorstwo Komunalne AQUA SA WAR:AQU
75 GF Score
Price zł13.40
GF Value zł15.20
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted Book per Share?

Przedsiebiorstwo Komunalne AQUA WAR:AQU -2.90% 75 Cyclically Adjusted Book per Share is zł37.87 as of Mar. 2026. GuruFocus rates WAR:AQU with a GF Score™ of 75/100 and a GF Value™ of zł15.20 (Modestly Undervalued). 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.

Przedsiebiorstwo Komunalne AQUA's adjusted book value per share for the three months ended in Mar. 2026 was zł31.144. 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 zł37.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Przedsiebiorstwo Komunalne AQUA's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Przedsiebiorstwo Komunalne AQUA was 8.20% per year. The lowest was 1.10% per year. And the median was 6.20% per year.

As of today (2026-08-07), Przedsiebiorstwo Komunalne AQUA's current stock price is zł13.40. Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł37.87. Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Przedsiebiorstwo Komunalne AQUA was 1.28. The lowest was 0.29. And the median was 0.40.


Przedsiebiorstwo Komunalne AQUA  (WAR:AQU) 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.

Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.40/37.87
=0.35

* 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 Przedsiebiorstwo Komunalne AQUA was 1.28. The lowest was 0.29. And the median was 0.40.


Be Aware

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


Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted Book per Share Related Terms


Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Przedsiebiorstwo Komunalne AQUA'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.

Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted Book per Share Chart

Przedsiebiorstwo Komunalne AQUA 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 31.37 35.90 37.02 37.54 37.12

Przedsiebiorstwo Komunalne AQUA 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 37.77 37.58 37.37 37.12 37.87

WAR:AQU vs AWK, WTRG, AWR: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Water subindustry, Przedsiebiorstwo Komunalne AQUA'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.


Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:AQU
75GF Score
Przedsiebiorstwo Komunalne AQUA SA WAR:AQU
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Przedsiebiorstwo Komunalne AQUA 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, Przedsiebiorstwo Komunalne AQUA'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)
=31.144/163.0700*163.0700
=31.144

Current CPI (Mar. 2026) = 163.0700.

Przedsiebiorstwo Komunalne AQUA Quarterly Data

Book Value per Share CPI Adj_Book
201606 26.834 99.552 43.955
201609 27.109 99.064 44.624
201612 27.185 100.366 44.169
201703 27.493 101.018 44.381
201706 0.000 101.180 0.000
201709 27.146 101.343 43.680
201712 27.085 102.564 43.063
201803 27.443 102.564 43.633
201806 26.978 103.378 42.555
201809 27.363 103.378 43.163
201812 27.229 103.785 42.783
201903 27.593 104.274 43.152
201906 26.992 105.983 41.531
201909 27.285 105.983 41.982
201912 27.261 107.123 41.499
202003 27.395 109.076 40.956
202006 26.777 109.402 39.913
202009 26.946 109.320 40.195
202012 27.368 109.565 40.733
202103 27.493 112.658 39.796
202106 27.597 113.960 39.490
202109 27.816 115.588 39.242
202112 27.910 119.088 38.218
202203 28.021 125.031 36.546
202206 28.109 131.705 34.803
202209 28.432 135.531 34.209
202212 28.679 139.113 33.618
202303 28.799 145.950 32.177
202306 28.917 147.009 32.076
202309 29.182 146.113 32.569
202312 29.367 147.741 32.414
202403 29.505 149.044 32.282
202406 29.649 150.997 32.020
202409 29.824 153.439 31.696
202412 30.186 154.660 31.827
202503 30.350 157.021 31.519
202506 30.521 157.509 31.599
202509 30.687 158.000 31.672
202512 30.960 158.320 31.889
202603 31.144 163.070 31.144

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 zł37.87 mean?
Przedsiebiorstwo Komunalne AQUA (WAR:AQU) has a Cyclically Adjusted Book per Share of zł37.87 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 Przedsiebiorstwo Komunalne AQUA and its competitors.
Is Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted Book per Share too high?
Przedsiebiorstwo Komunalne AQUA's current Cyclically Adjusted Book per Share is zł37.87. Overall, Przedsiebiorstwo Komunalne AQUA has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted Book per Share compare to AWK and WTRG?
Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted Book per Share of zł37.87 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated 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 Przedsiebiorstwo Komunalne AQUA and its competitors. Przedsiebiorstwo Komunalne AQUA's current Cyclically Adjusted Book per Share is zł37.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Przedsiebiorstwo Komunalne AQUA stock overvalued right now?
Based on GuruFocus' analysis, Przedsiebiorstwo Komunalne AQUA (WAR:AQU) is currently considered Modestly Undervalued. The stock's GF Value™ is zł15.20, compared to a current price of zł13.40 — trading 11.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł37.87. Przedsiebiorstwo Komunalne AQUA's overall GF Score™ is 75/100 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 Przedsiebiorstwo Komunalne AQUA (WAR:AQU), the current Cyclically Adjusted Book per Share is zł37.87 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 Przedsiebiorstwo Komunalne AQUA (WAR:AQU) Overvalued in 2026?

Based on GuruFocus' analysis, Przedsiebiorstwo Komunalne AQUA stock appears to be undervalued. The current stock price of zł13.40 is trading 11.8% below its estimated GF Value™ of zł15.20. GuruFocus considers Przedsiebiorstwo Komunalne AQUA to be Modestly Undervalued.

Key valuation signals for WAR:AQU:

  • Cyclically Adjusted Book per Share: zł37.87
  • GF Value™: zł15.20 vs. price of zł13.40 (11.8% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Przedsiebiorstwo Komunalne AQUA Business Description

Address ul. May 1 23, Bielsko-Biala, POL, 43-300
Przedsiebiorstwo Komunalne AQUA SA conducts water and sewage operations in Bielsko-Biala and neighboring communes. Its business activities include the recognition, treatment and distribution of water and the collection, treatment and discharge of sewage. services offered by the company include the supply of drinking water; sewerage; swimming pool; collection and testing of surface, underground, treated and sewage and sewage sludge samples; geodetic services; waste disposal services and liquid waste; disposal of emulsions and other wastes; and specialized services in the field of water supply and sewage network diagnostics. The services offered by Aqua are used by households, housing cooperatives, public institutions as well as industrial and service plants.
75GF Score

Get the complete analysis for WAR:AQU

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

zł13.40
Price
zł15.20
GF Value