Digital Network (WAR:DIG) Cyclically Adjusted Book per Share: zł12.76 (As of Mar. 2026)


WAR:DIG Digital Network SA WAR:DIG
79 GF Score
Price zł285.60
GF Value zł136.98
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Digital Network Cyclically Adjusted Book per Share?

Digital Network WAR:DIG +2.22% 79 Cyclically Adjusted Book per Share is zł12.76 as of Mar. 2026. GuruFocus rates WAR:DIG with a GF Score™ of 79/100 and a GF Value™ of zł136.98 (Significantly Overvalued). The stock has 6 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.

Digital Network's adjusted book value per share for the three months ended in Mar. 2026 was zł26.966. 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 zł12.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Digital Network's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Digital Network was 7.60% per year. The lowest was 5.40% per year. And the median was 6.60% per year.

As of today (2026-07-06), Digital Network's current stock price is zł285.60. Digital Network's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł12.76. Digital Network's Cyclically Adjusted PB Ratio of today is 22.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Digital Network was 23.01. The lowest was 0.42. And the median was 1.27.


Digital Network  (WAR:DIG) 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.

Digital Network's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=285.60/12.76
=22.38

* 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 Digital Network was 23.01. The lowest was 0.42. And the median was 1.27.


Be Aware

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


Digital Network Cyclically Adjusted Book per Share Related Terms


Digital Network Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Digital Network'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.

Digital Network Cyclically Adjusted Book per Share Chart

Digital Network 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 9.02 10.20 10.78 11.25 12.01

Digital Network 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 11.47 11.53 11.63 12.01 12.76

WAR:DIG vs NXST: Cyclically Adjusted Book per Share Comparison

For the Broadcasting subindustry, Digital Network'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.


Digital Network Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digital Network's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:DIG
79GF Score
Digital Network SA WAR:DIG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Network 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, Digital Network'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)
=26.966/163.0700*163.0700
=26.966

Current CPI (Mar. 2026) = 163.0700.

Digital Network Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.129 99.552 11.678
201609 7.051 99.064 11.607
201612 7.207 100.366 11.710
201703 7.407 101.018 11.957
201706 7.716 101.180 12.436
201709 7.918 101.343 12.741
201712 8.673 102.564 13.789
201803 9.000 102.564 14.309
201806 9.164 103.378 14.455
201809 9.456 103.378 14.916
201812 9.797 103.785 15.393
201903 9.737 104.274 15.227
201906 9.515 105.983 14.640
201909 9.233 105.983 14.206
201912 6.667 107.123 10.149
202003 6.450 109.076 9.643
202006 6.474 109.402 9.650
202009 6.587 109.320 9.826
202012 5.794 109.565 8.623
202103 5.446 112.658 7.883
202106 5.910 113.960 8.457
202109 6.627 115.588 9.349
202112 7.262 119.088 9.944
202203 7.467 125.031 9.739
202206 8.008 131.705 9.915
202209 8.473 135.531 10.195
202212 9.370 139.113 10.984
202303 9.590 145.950 10.715
202306 9.946 147.009 11.033
202309 12.544 146.113 14.000
202312 13.764 147.741 15.192
202403 14.449 149.044 15.809
202406 10.922 150.997 11.795
202409 12.283 153.439 13.054
202412 11.536 154.660 12.163
202503 12.660 157.021 13.148
202506 12.046 157.509 12.471
202509 14.029 158.000 14.479
202512 25.356 158.320 26.117
202603 26.966 163.070 26.966

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 zł12.76 mean?
Digital Network (WAR:DIG) has a Cyclically Adjusted Book per Share of zł12.76 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 Digital Network and its competitors.
Is Digital Network's Cyclically Adjusted Book per Share too high?
Digital Network's current Cyclically Adjusted Book per Share is zł12.76. Overall, Digital Network has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Network's Cyclically Adjusted Book per Share compare to NXST?
Digital Network's Cyclically Adjusted Book per Share of zł12.76 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 Digital Network and its competitors. Digital Network's current Cyclically Adjusted Book per Share is zł12.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Network stock overvalued right now?
Based on GuruFocus' analysis, Digital Network (WAR:DIG) is currently considered Significantly Overvalued. The stock's GF Value™ is zł136.98, compared to a current price of zł285.60 — trading 108.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł12.76. Digital Network's overall GF Score™ is 79/100 with 6 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 Digital Network (WAR:DIG), the current Cyclically Adjusted Book per Share is zł12.76 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 Digital Network (WAR:DIG) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Network stock appears to be overvalued. The current stock price of zł285.60 is trading 108.5% above its estimated GF Value™ of zł136.98. GuruFocus considers Digital Network to be Significantly Overvalued.

Key valuation signals for WAR:DIG:

  • Cyclically Adjusted Book per Share: zł12.76
  • GF Value™: zł136.98 vs. price of zł285.60 (108.5% above fair value)
  • GF Score™: 79/100 with 6 warning signs

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


Digital Network Business Description

Other Exchanges RC6:Germany
Address ul. Fabryczna 5A, 3rd floor, Warszawa, POL, 00-446
Digital Network SA consists in selling advertising time through digital outdoor advertising in Poland.
79GF Score

Get the complete analysis for WAR:DIG

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

zł285.60
Price
zł136.98
GF Value