BBI Development (WAR:BBD) Cyclically Adjusted Book per Share: zł21.24 (As of Mar. 2026)


WAR:BBD BBI Development SA WAR:BBD
54 GF Score
Price zł5.38
GF Value zł5.78
Valuation Fairly Valued
! 7 Warning Signs
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What is BBI Development Cyclically Adjusted Book per Share?

BBI Development WAR:BBD 54 Cyclically Adjusted Book per Share is zł21.24 as of Mar. 2026. GuruFocus rates WAR:BBD with a GF Score™ of 54/100 and a GF Value™ of zł5.78 (Fairly Valued). The stock has 7 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.

BBI Development's adjusted book value per share for the three months ended in Mar. 2026 was zł15.596. 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 zł21.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BBI Development's average Cyclically Adjusted Book Growth Rate was -5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.90% 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 BBI Development was 0.50% per year. The lowest was -4.90% per year. And the median was -2.20% per year.

As of today (2026-07-08), BBI Development's current stock price is zł5.38. BBI Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł21.24. BBI Development's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BBI Development was 0.32. The lowest was 0.15. And the median was 0.21.


BBI Development  (WAR:BBD) 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.

BBI Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.38/21.24
=0.25

* 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 BBI Development was 0.32. The lowest was 0.15. And the median was 0.21.


Be Aware

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


BBI Development Cyclically Adjusted Book per Share Related Terms


BBI Development Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BBI Development'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.

BBI Development Cyclically Adjusted Book per Share Chart

BBI Development 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 22.37 24.58 23.87 22.72 21.14

BBI Development 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 22.53 22.08 21.63 21.14 21.24

BBI Development Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, BBI Development'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.


BBI Development Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, BBI Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:BBD
54GF Score
BBI Development SA WAR:BBD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BBI Development 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, BBI Development'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)
=15.596/163.0700*163.0700
=15.596

Current CPI (Mar. 2026) = 163.0700.

BBI Development Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.265 99.552 34.833
201609 15.191 99.064 25.006
201612 20.528 100.366 33.353
201703 20.390 101.018 32.915
201706 20.093 101.180 32.383
201709 20.416 101.343 32.851
201712 18.822 102.564 29.926
201803 18.791 102.564 29.876
201806 17.790 103.378 28.062
201809 17.921 103.378 28.269
201812 17.334 103.785 27.236
201903 16.970 104.274 26.539
201906 15.946 105.983 24.535
201909 15.781 105.983 24.281
201912 12.671 107.123 19.289
202003 12.892 109.076 19.274
202006 13.568 109.402 20.224
202009 13.604 109.320 20.293
202012 13.034 109.565 19.399
202103 12.897 112.658 18.668
202106 12.724 113.960 18.207
202109 12.487 115.588 17.616
202112 12.400 119.088 16.980
202203 12.214 125.031 15.930
202206 11.865 131.705 14.691
202209 12.004 135.531 14.443
202212 11.491 139.113 13.470
202303 11.467 145.950 12.812
202306 12.360 147.009 13.710
202309 14.412 146.113 16.085
202312 16.586 147.741 18.307
202403 16.106 149.044 17.622
202406 15.831 150.997 17.097
202409 15.708 153.439 16.694
202412 16.256 154.660 17.140
202503 16.384 157.021 17.015
202506 15.938 157.509 16.501
202509 15.863 158.000 16.372
202512 15.483 158.320 15.948
202603 15.596 163.070 15.596

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 zł21.24 mean?
BBI Development (WAR:BBD) has a Cyclically Adjusted Book per Share of zł21.24 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 BBI Development and its competitors.
Is BBI Development's Cyclically Adjusted Book per Share too high?
BBI Development's current Cyclically Adjusted Book per Share is zł21.24. Overall, BBI Development has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BBI Development's Cyclically Adjusted Book per Share compare to competitors?
BBI Development's Cyclically Adjusted Book per Share of zł21.24 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 BBI Development and its competitors. BBI Development's current Cyclically Adjusted Book per Share is zł21.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BBI Development stock overvalued right now?
Based on GuruFocus' analysis, BBI Development (WAR:BBD) is currently considered Fairly Valued. The stock's GF Value™ is zł5.78, compared to a current price of zł5.38 — trading 6.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł21.24. BBI Development's overall GF Score™ is 54/100 with 7 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 BBI Development (WAR:BBD), the current Cyclically Adjusted Book per Share is zł21.24 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 BBI Development (WAR:BBD) Overvalued in 2026?

Based on GuruFocus' analysis, BBI Development stock appears to be undervalued. The current stock price of zł5.38 is trading 6.9% below its estimated GF Value™ of zł5.78. GuruFocus considers BBI Development to be Fairly Valued.

Key valuation signals for WAR:BBD:

  • Cyclically Adjusted Book per Share: zł21.24
  • GF Value™: zł5.78 vs. price of zł5.38 (6.9% below fair value)
  • GF Score™: 54/100 with 7 warning signs

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


BBI Development Business Description

Address ul. Pulawska 2 - Plac Unii, Building A, Warsaw, POL, 02-566
BBI Development SA is a Poland based company engaged in investing in the development projects, including financing and managing of real estate projects. Its projects include Zlota 44, Centrum Praskie Koneser and Roma Tower among others.
54GF Score

Get the complete analysis for WAR:BBD

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

zł5.38
Price
zł5.78
GF Value