Bank Ochrony Srodowiska (WAR:BOS) Cyclically Adjusted Book per Share: zł34.57 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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WAR:BOS Bank Ochrony Srodowiska SA WAR:BOS
76 GF Score
Price zł9.85
GF Value zł10.64
Valuation Fairly Valued
! 4 Warning Signs
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What is Bank Ochrony Srodowiska Cyclically Adjusted Book per Share?

Bank Ochrony Srodowiska WAR:BOS +0.10% 76 Cyclically Adjusted Book per Share is zł34.57 as of Mar. 2026. GuruFocus rates WAR:BOS with a GF Score™ of 76/100 and a GF Value™ of zł10.64 (Fairly Valued). 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.

Bank Ochrony Srodowiska's adjusted book value per share for the three months ended in Mar. 2026 was zł25.519. 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 zł34.57 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bank Ochrony Srodowiska's average Cyclically Adjusted Book Growth Rate was -15.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.00% 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 Bank Ochrony Srodowiska was -2.60% per year. The lowest was -11.90% per year. And the median was -5.15% per year.

As of today (2026-07-22), Bank Ochrony Srodowiska's current stock price is zł9.85. Bank Ochrony Srodowiska's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł34.57. Bank Ochrony Srodowiska's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank Ochrony Srodowiska was 0.36. The lowest was 0.08. And the median was 0.16.


Bank Ochrony Srodowiska  (WAR:BOS) 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.

Bank Ochrony Srodowiska's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.85/34.57
=0.28

* 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 Bank Ochrony Srodowiska was 0.36. The lowest was 0.08. And the median was 0.16.


Be Aware

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


Bank Ochrony Srodowiska Cyclically Adjusted Book per Share Related Terms


Bank Ochrony Srodowiska Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bank Ochrony Srodowiska'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.

Bank Ochrony Srodowiska Cyclically Adjusted Book per Share Chart

Bank Ochrony Srodowiska 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 50.40 51.95 48.08 42.49 35.49

Bank Ochrony Srodowiska 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 41.06 39.21 37.31 35.49 34.57

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

For the Banks - Regional subindustry, Bank Ochrony Srodowiska'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.


Bank Ochrony Srodowiska Cyclically Adjusted PB Ratio vs Banks Industry

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

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


WAR:BOS
76GF Score
Bank Ochrony Srodowiska SA WAR:BOS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank Ochrony Srodowiska 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, Bank Ochrony Srodowiska'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)
=25.519/163.0700*163.0700
=25.519

Current CPI (Mar. 2026) = 163.0700.

Bank Ochrony Srodowiska Quarterly Data

Book Value per Share CPI Adj_Book
201606 63.208 99.552 103.537
201609 29.484 99.064 48.534
201612 28.358 100.366 46.075
201703 28.847 101.018 46.567
201706 29.331 101.180 47.272
201709 29.682 101.343 47.761
201712 29.487 102.564 46.882
201803 28.801 102.564 45.792
201806 28.916 103.378 45.612
201809 23.001 103.378 36.282
201812 23.007 103.785 36.149
201903 23.051 104.274 36.049
201906 23.384 105.983 35.980
201909 23.645 105.983 36.381
201912 23.678 107.123 36.044
202003 23.872 109.076 35.689
202006 24.307 109.402 36.231
202009 24.387 109.320 36.377
202012 20.592 109.565 30.648
202103 20.613 112.658 29.837
202106 20.503 113.960 29.339
202109 20.668 115.588 29.158
202112 20.082 119.088 27.499
202203 19.894 125.031 25.947
202206 20.328 131.705 25.169
202209 20.732 135.531 24.945
202212 21.140 139.113 24.781
202303 22.134 145.950 24.730
202306 22.318 147.009 24.756
202309 22.820 146.113 25.468
202312 23.126 147.741 25.525
202403 23.569 149.044 25.787
202406 23.632 150.997 25.521
202409 23.856 153.439 25.353
202412 23.997 154.660 25.302
202503 24.332 157.021 25.269
202506 25.171 157.509 26.060
202509 25.141 158.000 25.948
202512 26.262 158.320 27.050
202603 25.519 163.070 25.519

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 zł34.57 mean?
Bank Ochrony Srodowiska (WAR:BOS) has a Cyclically Adjusted Book per Share of zł34.57 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 Bank Ochrony Srodowiska and its competitors.
Is Bank Ochrony Srodowiska's Cyclically Adjusted Book per Share too high?
Bank Ochrony Srodowiska's current Cyclically Adjusted Book per Share is zł34.57. Overall, Bank Ochrony Srodowiska has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank Ochrony Srodowiska's Cyclically Adjusted Book per Share compare to PNC and USB?
Bank Ochrony Srodowiska's Cyclically Adjusted Book per Share of zł34.57 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 Bank Ochrony Srodowiska and its competitors. Bank Ochrony Srodowiska's current Cyclically Adjusted Book per Share is zł34.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Ochrony Srodowiska stock overvalued right now?
Based on GuruFocus' analysis, Bank Ochrony Srodowiska (WAR:BOS) is currently considered Fairly Valued. The stock's GF Value™ is zł10.64, compared to a current price of zł9.85 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł34.57. Bank Ochrony Srodowiska's overall GF Score™ is 76/100 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 Bank Ochrony Srodowiska (WAR:BOS), the current Cyclically Adjusted Book per Share is zł34.57 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 Bank Ochrony Srodowiska (WAR:BOS) Overvalued in 2026?

Based on GuruFocus' analysis, Bank Ochrony Srodowiska stock appears to be undervalued. The current stock price of zł9.85 is trading 7.4% below its estimated GF Value™ of zł10.64. GuruFocus considers Bank Ochrony Srodowiska to be Fairly Valued.

Key valuation signals for WAR:BOS:

  • Cyclically Adjusted Book per Share: zł34.57
  • GF Value™: zł10.64 vs. price of zł9.85 (7.4% below fair value)
  • GF Score™: 76/100 with 4 warning signs

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


Bank Ochrony Srodowiska Business Description

Address Zelazna 32 Street, Warsaw, POL, 00-832
Bank Ochrony Srodowiska SA is engaged in providing banking and financial services. The company offers a range of services to individuals, corporate clients, and local government units. The company operates through Institutional Clients; Retail Clients; Treasury and Investment Activity; and Other segments.
76GF Score

Get the complete analysis for WAR:BOS

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

zł9.85
Price
zł10.64
GF Value