BTCS (WAR:BTF) Cyclically Adjusted Book per Share: zł0.52 (As of Mar. 2026)


WAR:BTF BTCS SA WAR:BTF
20 GF Score
Price zł4.08
GF Value zł0.22
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is BTCS Cyclically Adjusted Book per Share?

BTCS WAR:BTF +2.51% 20 Cyclically Adjusted Book per Share is zł0.52 as of Mar. 2026. GuruFocus rates WAR:BTF with a GF Score™ of 20/100 and a GF Value™ of zł0.22 (Significantly Overvalued). The stock has 9 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.

BTCS's adjusted book value per share for the three months ended in Mar. 2026 was zł0.491. 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 zł0.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BTCS's average Cyclically Adjusted Book Growth Rate was -12.30% 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.

As of today (2026-07-06), BTCS's current stock price is zł4.08. BTCS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.52. BTCS's Cyclically Adjusted PB Ratio of today is 7.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BTCS was 21.64. The lowest was 1.25. And the median was 1.94.


BTCS  (WAR:BTF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.08/0.52
=7.85

* 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 BTCS was 21.64. The lowest was 1.25. And the median was 1.94.


Be Aware

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


BTCS Cyclically Adjusted Book per Share Related Terms


BTCS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BTCS'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.

BTCS Cyclically Adjusted Book per Share Chart

BTCS 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 0.00 0.00 0.59 0.57 0.52

BTCS 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 0.57 0.55 0.54 0.52 0.52

WAR:BTF vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, BTCS'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.


BTCS Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, BTCS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:BTF
20GF Score
BTCS SA WAR:BTF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BTCS 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, BTCS'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)
=0.491/163.0700*163.0700
=0.491

Current CPI (Mar. 2026) = 163.0700.

BTCS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.582 99.552 0.953
201609 0.584 99.064 0.961
201612 0.597 100.366 0.970
201703 0.560 101.018 0.904
201706 0.533 101.180 0.859
201709 0.511 101.343 0.822
201712 0.535 102.564 0.851
201803 0.530 102.564 0.843
201806 0.517 103.378 0.816
201809 0.485 103.378 0.765
201812 0.377 103.785 0.592
201903 0.368 104.274 0.576
201906 0.336 105.983 0.517
201909 0.326 105.983 0.502
201912 0.294 107.123 0.448
202003 0.311 109.076 0.465
202006 0.312 109.402 0.465
202009 0.323 109.320 0.482
202012 0.322 109.565 0.479
202103 0.339 112.658 0.491
202106 0.373 113.960 0.534
202109 0.377 115.588 0.532
202112 0.387 119.088 0.530
202203 0.412 125.031 0.537
202206 0.364 131.705 0.451
202209 0.360 135.531 0.433
202212 0.330 139.113 0.387
202303 0.378 145.950 0.422
202306 0.306 147.009 0.339
202309 0.303 146.113 0.338
202312 0.182 147.741 0.201
202403 0.190 149.044 0.208
202406 0.187 150.997 0.202
202409 0.185 153.439 0.197
202412 0.166 154.660 0.175
202503 0.156 157.021 0.162
202506 -0.006 157.509 -0.006
202509 0.092 158.000 0.095
202512 0.737 158.320 0.759
202603 0.491 163.070 0.491

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 zł0.52 mean?
BTCS (WAR:BTF) has a Cyclically Adjusted Book per Share of zł0.52 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 BTCS and its competitors.
Is BTCS's Cyclically Adjusted Book per Share too high?
BTCS's current Cyclically Adjusted Book per Share is zł0.52. Overall, BTCS has a GF Score™ of 20/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BTCS's Cyclically Adjusted Book per Share compare to SNDK and DELL?
BTCS's Cyclically Adjusted Book per Share of zł0.52 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 BTCS and its competitors. BTCS's current Cyclically Adjusted Book per Share is zł0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTCS stock overvalued right now?
Based on GuruFocus' analysis, BTCS (WAR:BTF) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.22, compared to a current price of zł4.08 — trading 1754.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł0.52. BTCS's overall GF Score™ is 20/100 with 9 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 BTCS (WAR:BTF), the current Cyclically Adjusted Book per Share is zł0.52 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 BTCS (WAR:BTF) Overvalued in 2026?

Based on GuruFocus' analysis, BTCS stock appears to be overvalued. The current stock price of zł4.08 is trading 1754.5% above its estimated GF Value™ of zł0.22. GuruFocus considers BTCS to be Significantly Overvalued.

Key valuation signals for WAR:BTF:

  • Cyclically Adjusted Book per Share: zł0.52
  • GF Value™: zł0.22 vs. price of zł4.08 (1754.5% above fair value)
  • GF Score™: 20/100 with 9 warning signs

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


BTCS Business Description

Other Exchanges 36C:Germany
Address Plac Powstancow Warszawy 2, Warszawa, POL, 00-030
BTCS SA is engaged in building and operating validation infrastructure for blockchain networks. The company operates validator nodes and building blocks, while also offering tools such as Builder+ and NodeOps to make blockchain participation easier.
20GF Score

Get the complete analysis for WAR:BTF

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

zł4.08
Price
zł0.22
GF Value