BNP Paribas Bank Polska (WAR:BNP) Cyclically Adjusted Book per Share: zł110.85 (As of Jun. 2026)

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WAR:BNP BNP Paribas Bank Polska SA WAR:BNP
72 GF Score
Price zł151.00
GF Value zł105.18
Valuation Significantly Overvalued
! 7 Warning Signs
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What is BNP Paribas Bank Polska Cyclically Adjusted Book per Share?

BNP Paribas Bank Polska WAR:BNP -0.53% 72 Cyclically Adjusted Book per Share is zł110.85 as of Jun. 2026. GuruFocus rates WAR:BNP with a GF Score™ of 72/100 and a GF Value™ of zł105.18 (Significantly Overvalued). 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.

BNP Paribas Bank Polska's adjusted book value per share for the three months ended in Jun. 2026 was zł115.351. 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 zł110.85 for the trailing ten years ended in Jun. 2026.

During the past 12 months, BNP Paribas Bank Polska's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 BNP Paribas Bank Polska was 10.00% per year. The lowest was 3.40% per year. And the median was 8.60% per year.

As of today (2026-08-23), BNP Paribas Bank Polska's current stock price is zł151.00. BNP Paribas Bank Polska's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was zł110.85. BNP Paribas Bank Polska's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BNP Paribas Bank Polska was 1.50. The lowest was 0.43. And the median was 0.86.


BNP Paribas Bank Polska  (WAR:BNP) 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.

BNP Paribas Bank Polska's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=151.00/110.85
=1.36

* 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 BNP Paribas Bank Polska was 1.50. The lowest was 0.43. And the median was 0.86.


Be Aware

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


BNP Paribas Bank Polska Cyclically Adjusted Book per Share Related Terms


BNP Paribas Bank Polska Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BNP Paribas Bank Polska'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.

BNP Paribas Bank Polska Cyclically Adjusted Book per Share Chart

BNP Paribas Bank Polska 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 84.92 98.13 102.87 106.34 108.40

BNP Paribas Bank Polska Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 107.94 108.17 108.40 111.57 110.85

WAR:BNP vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, BNP Paribas Bank Polska'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.


BNP Paribas Bank Polska Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, BNP Paribas Bank Polska's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BNP Paribas Bank Polska's Cyclically Adjusted PB Ratio falls into.


WAR:BNP
72GF Score
BNP Paribas Bank Polska SA WAR:BNP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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BNP Paribas Bank Polska 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, BNP Paribas Bank Polska's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=115.351/162.2800*162.2800
=115.351

Current CPI (Jun. 2026) = 162.2800.

BNP Paribas Bank Polska Quarterly Data

Book Value per Share CPI Adj_Book
201609 75.023 99.064 122.898
201612 72.970 100.366 117.984
201703 74.321 101.018 119.393
201706 75.750 101.180 121.493
201709 76.837 101.343 123.039
201712 77.868 102.564 123.205
201803 75.189 102.564 118.966
201806 76.098 103.378 119.456
201809 75.293 103.378 118.193
201812 71.631 103.785 112.003
201903 72.487 104.274 112.811
201906 74.100 105.983 113.461
201909 74.934 105.983 114.738
201912 75.698 107.123 114.675
202003 76.533 109.076 113.863
202006 78.420 109.402 116.324
202009 80.182 109.320 119.026
202012 81.608 109.565 120.873
202103 82.110 112.658 118.277
202106 82.418 113.960 117.364
202109 82.620 115.588 115.994
202112 77.018 119.088 104.951
202203 76.235 125.031 98.947
202206 75.811 131.705 93.410
202209 73.604 135.531 88.131
202212 76.306 139.113 89.014
202303 81.211 145.950 90.297
202306 85.417 147.009 94.290
202309 88.917 146.113 98.755
202312 87.091 147.741 95.661
202403 91.324 149.044 99.434
202406 92.077 150.997 98.957
202409 96.800 153.439 102.377
202412 104.155 154.660 109.287
202503 109.509 157.021 113.177
202506 107.034 157.509 110.276
202509 112.262 158.000 115.303
202512 119.004 158.320 121.981
202603 120.874 163.070 120.288
202606 115.351 162.280 115.351

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 zł110.85 mean?
BNP Paribas Bank Polska (WAR:BNP) has a Cyclically Adjusted Book per Share of zł110.85 as of Jun. 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 BNP Paribas Bank Polska and its competitors.
Is BNP Paribas Bank Polska's Cyclically Adjusted Book per Share too high?
BNP Paribas Bank Polska's current Cyclically Adjusted Book per Share is zł110.85. Overall, BNP Paribas Bank Polska has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BNP Paribas Bank Polska's Cyclically Adjusted Book per Share compare to PNC and USB?
BNP Paribas Bank Polska's Cyclically Adjusted Book per Share of zł110.85 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 BNP Paribas Bank Polska and its competitors. BNP Paribas Bank Polska's current Cyclically Adjusted Book per Share is zł110.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNP Paribas Bank Polska stock overvalued right now?
Based on GuruFocus' analysis, BNP Paribas Bank Polska (WAR:BNP) is currently considered Significantly Overvalued. The stock's GF Value™ is zł105.18, compared to a current price of zł151.00 — trading 43.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł110.85. BNP Paribas Bank Polska's overall GF Score™ is 72/100 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 BNP Paribas Bank Polska (WAR:BNP), the current Cyclically Adjusted Book per Share is zł110.85 as of Jun. 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 BNP Paribas Bank Polska (WAR:BNP) Overvalued in 2026?

Based on GuruFocus' analysis, BNP Paribas Bank Polska stock appears to be overvalued. The current stock price of zł151.00 is trading 43.6% above its estimated GF Value™ of zł105.18. GuruFocus considers BNP Paribas Bank Polska to be Significantly Overvalued.

Key valuation signals for WAR:BNP:

  • Cyclically Adjusted Book per Share: zł110.85
  • GF Value™: zł105.18 vs. price of zł151.00 (43.6% above fair value)
  • GF Score™: 72/100 with 7 warning signs

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


BNP Paribas Bank Polska Business Description

Other Exchanges 82MA:Germany
Address Kasprzaka 2, Warsaw, POL, 01-211
BNP Paribas Bank Polska SA is a universal commercial bank offering a wide range of banking services provided to individual and institutional customers in accordance with the scope of services specified in the Bank's Articles of Association. The Bank operates both in Polish zlotys and foreign currencies and actively participates in trading on domestic and foreign financial markets. In addition, through its subsidiaries, the Group conducts brokerage and leasing activities and provides other financial services. Its reportable operating segments include Retail and Business Banking, Small and Medium-Sized Enterprises (SME), Corporate Banking, Corporate and Institutional Banking (CIB), and Other Operations, including ALM Treasury and the Corporate Centre.
72GF Score

Get the complete analysis for WAR:BNP

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

zł151.00
Price
zł105.18
GF Value