Atlantis (WAR:ATS) Cyclically Adjusted Book per Share: zł612.28 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:ATS Atlantis SA WAR:ATS
62 GF Score
Price zł1.32
GF Value zł2.21
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Atlantis Cyclically Adjusted Book per Share?

Atlantis WAR:ATS 62 Cyclically Adjusted Book per Share is zł612.28 as of Mar. 2026. GuruFocus rates WAR:ATS with a GF Score™ of 62/100 and a GF Value™ of zł2.21 (Possible Value Trap). 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.

Atlantis's adjusted book value per share for the three months ended in Mar. 2026 was zł0.528. 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 zł612.28 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Atlantis's average Cyclically Adjusted Book Growth Rate was -19.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.80% 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 Atlantis was -12.50% per year. The lowest was -15.80% per year. And the median was -14.15% per year.

As of today (2026-07-19), Atlantis's current stock price is zł1.315. Atlantis's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł612.28. Atlantis's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlantis was 0.99. The lowest was 0.01. And the median was 0.40.


Atlantis  (WAR:ATS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.315/612.28
=0.00

* 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 Atlantis was 0.99. The lowest was 0.01. 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.


Atlantis Cyclically Adjusted Book per Share Related Terms


Atlantis Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Atlantis'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.

Atlantis Cyclically Adjusted Book per Share Chart

Atlantis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,350.34 1,187.88 1,030.35 903.74 708.03

Atlantis 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 758.74 708.03 679.16 646.60 612.28

WAR:ATS vs V, MA, AXP: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, Atlantis'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.


Atlantis Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Atlantis's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:ATS
62GF Score
Atlantis SA WAR:ATS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlantis 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, Atlantis'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)
=0.528/330.2130*330.2130
=0.528

Current CPI (Mar. 2026) = 330.2130.

Atlantis Quarterly Data

Book Value per Share CPI Adj_Book
201509 1,259.592 237.945 1,748.024
201512 1,153.553 236.525 1,610.478
201603 1,147.737 238.132 1,591.545
201606 1,139.658 241.018 1,561.418
201609 1,093.066 241.428 1,495.040
201612 982.434 241.432 1,343.701
201703 974.316 243.801 1,319.649
201706 995.763 244.955 1,342.344
201709 1,010.066 246.819 1,351.342
201712 1,073.184 246.524 1,437.504
201803 989.500 249.554 1,309.319
201806 913.224 251.989 1,196.713
201809 908.776 252.439 1,188.761
201812 658.855 251.233 865.979
201906 663.250 256.143 855.045
201909 638.803 256.759 821.553
202003 620.579 258.115 793.922
202009 489.684 260.280 621.254
202012 505.526 260.474 640.875
202103 89.077 264.877 111.049
202106 81.101 271.696 98.568
202109 79.491 274.310 95.691
202112 76.931 278.802 91.117
202203 75.192 287.504 86.362
202206 72.397 296.311 80.680
202209 66.899 296.808 74.428
202212 74.381 296.797 82.755
202303 81.275 301.836 88.916
202306 78.859 305.109 85.347
202309 78.381 307.789 84.091
202312 80.808 306.746 86.990
202403 81.227 312.332 85.877
202406 56.629 314.175 59.520
202409 59.187 315.301 61.986
202412 56.700 315.605 59.324
202503 59.878 319.799 61.828
202506 0.523 322.561 0.535
202509 0.539 324.800 0.548
202512 0.548 324.054 0.558
202603 0.528 330.213 0.528

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 zł612.28 mean?
Atlantis (WAR:ATS) has a Cyclically Adjusted Book per Share of zł612.28 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 Atlantis and its competitors.
Is Atlantis' Cyclically Adjusted Book per Share too high?
Atlantis' current Cyclically Adjusted Book per Share is zł612.28. Overall, Atlantis has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Atlantis' Cyclically Adjusted Book per Share compare to V and MA?
Atlantis' Cyclically Adjusted Book per Share of zł612.28 can be compared against companies in the Credit Services 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 Credit Services company?
A good Cyclically Adjusted Book per Share depends on the Credit Services 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 Atlantis and its competitors. Atlantis's current Cyclically Adjusted Book per Share is zł612.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlantis stock overvalued right now?
Based on GuruFocus' analysis, Atlantis (WAR:ATS) is currently considered Possible Value Trap. The stock's GF Value™ is zł2.21, compared to a current price of zł1.32 — trading 40.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł612.28. Atlantis' overall GF Score™ is 62/100 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 Atlantis (WAR:ATS), the current Cyclically Adjusted Book per Share is zł612.28 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 Atlantis (WAR:ATS) Overvalued in 2026?

Based on GuruFocus' analysis, Atlantis stock appears to be undervalued. The current stock price of zł1.32 is trading 40.5% below its estimated GF Value™ of zł2.21. GuruFocus considers Atlantis to be Possible Value Trap.

Key valuation signals for WAR:ATS:

  • Cyclically Adjusted Book per Share: zł612.28
  • GF Value™: zł2.21 vs. price of zł1.32 (40.5% below fair value)
  • GF Score™: 62/100 with 4 warning signs

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


Atlantis Business Description

Address Tornimae tn 5, Harju County, Kesklinna Linnaosa, Tallinn, EST, 10145
Atlantis SA is engaged in providing financial services. It offers a provision of services in the field of granting large-value cash loans to companies operating in Poland. Revenue is earned in the form of interest. The company's reporting segments are; Estonia, which is also its key revenue-generating segment, and Poland.
62GF Score

Get the complete analysis for WAR:ATS

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

zł1.32
Price
zł2.21
GF Value