Atlantis (WAR:ATS) Cyclically Adjusted Book per Share: zł599.23 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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
61 GF Score
Price zł1.21
GF Value zł2.14
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Atlantis Cyclically Adjusted Book per Share?

Atlantis WAR:ATS 61 Cyclically Adjusted Book per Share is zł599.23 as of Mar. 2026. GuruFocus rates WAR:ATS with a GF Score™ of 61/100 and a GF Value™ of zł2.14 (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 zł0.517. 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 zł599.23 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 (2026-09-06), Atlantis's current stock price is zł1.205. Atlantis's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł599.23. 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 1.01. The lowest was 0.01. And the median was 0.41.


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
=1.205/599.23
=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 1.01. The lowest was 0.01. And the median was 0.41.


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 1,321.58 1,162.57 1,008.40 884.49 692.95

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 742.57 692.95 664.69 632.83 599.23

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
61GF 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)
=0.517/330.2130*330.2130
=0.517

Current CPI (Mar. 2026) = 330.2130.

Atlantis Quarterly Data

Book Value per Share CPI Adj_Book
201509 1,232.763 237.945 1,710.792
201512 1,128.974 236.525 1,576.163
201603 1,123.276 238.132 1,557.625
201606 1,115.382 241.018 1,528.158
201609 1,069.776 241.428 1,463.185
201612 961.500 241.432 1,315.069
201703 953.553 243.801 1,291.527
201706 974.553 244.955 1,313.752
201709 988.553 246.819 1,322.560
201712 1,050.316 246.524 1,406.873
201803 968.421 249.554 1,281.427
201806 893.763 251.989 1,171.210
201809 889.421 252.439 1,163.443
201812 644.829 251.233 847.544
201906 649.118 256.143 836.826
201909 625.197 256.759 804.054
202003 607.355 258.115 777.005
202009 479.250 260.280 608.017
202012 494.750 260.474 627.214
202103 87.180 264.877 108.684
202106 79.373 271.696 96.468
202109 77.797 274.310 93.652
202112 75.291 278.802 89.175
202203 73.592 287.504 84.524
202206 70.853 296.311 78.960
202209 65.472 296.808 72.841
202212 72.797 296.797 80.993
202303 79.544 301.836 87.022
202306 77.179 305.109 83.529
202309 76.712 307.789 82.301
202312 79.088 306.746 85.138
202403 79.496 312.332 84.047
202406 55.421 314.175 58.250
202409 57.926 315.301 60.666
202412 55.493 315.605 58.062
202503 58.602 319.799 60.510
202506 0.512 322.561 0.524
202509 0.527 324.800 0.536
202512 0.536 324.054 0.546
202603 0.517 330.213 0.517

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 zł599.23 mean?
Atlantis (WAR:ATS) has a Cyclically Adjusted Book per Share of zł599.23 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 zł599.23. Overall, Atlantis has a GF Score™ of 61/100 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 zł599.23 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 zł599.23. 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 zł2.14, compared to a current price of zł1.21 — trading 43.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł599.23. Atlantis' overall GF Score™ is 61/100 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 zł599.23 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 zł1.21 is trading 43.7% below its estimated GF Value™ of zł2.14. GuruFocus considers Atlantis to be Possible Value Trap.

Key valuation signals for WAR:ATS:

  • Cyclically Adjusted Book per Share: zł599.23
  • GF Value™: zł2.14 vs. price of zł1.21 (43.7% below fair value)
  • GF Score™: 61/100 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.
61GF 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.

zł1.21
Price
zł2.14
GF Value