Echo Investment (WAR:ECH) Cyclically Adjusted Book per Share: zł (As of Jun. 2026)

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WAR:ECH Echo Investment SA WAR:ECH
80 GF Score
Price zł5.42
GF Value zł7.51
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Echo Investment Cyclically Adjusted Book per Share?

Echo Investment WAR:ECH +1.30% 80 Cyclically Adjusted Book per Share is zł as of Jun. 2026. GuruFocus rates WAR:ECH with a GF Score™ of 80/100 and a GF Value™ of zł7.51 (Modestly Undervalued). The stock has 8 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.

Echo Investment's adjusted book value per share for the three months ended in Jun. 2026 was zł3.658. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Echo Investment's average Cyclically Adjusted Book Growth Rate was -12.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.70% 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 Echo Investment was 5.70% per year. The lowest was -7.10% per year. And the median was 1.90% per year.

As of today (2026-09-22), Echo Investment's current stock price is zł5.42. Echo Investment's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was . Echo Investment's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Echo Investment was 1.06. The lowest was 0.44. And the median was 0.72.


Echo Investment  (WAR:ECH) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Echo Investment was 1.06. The lowest was 0.44. And the median was 0.72.


Be Aware

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


Echo Investment Cyclically Adjusted Book per Share Related Terms


Echo Investment Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Echo Investment'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.

Echo Investment Cyclically Adjusted Book per Share Chart

Echo Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Echo Investment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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Echo Investment Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Diversified subindustry, Echo Investment'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.


Echo Investment Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


WAR:ECH
80GF Score
Echo Investment SA WAR:ECH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Echo Investment 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, Echo Investment'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)
=3.658/162.2800*162.2800
=3.658

Current CPI (Jun. 2026) = 162.2800.

Echo Investment Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.476 99.064 7.332
201612 3.717 100.366 6.010
201703 3.862 101.018 6.204
201706 3.625 101.180 5.814
201709 3.882 101.343 6.216
201712 3.853 102.564 6.096
201803 4.065 102.564 6.432
201806 3.671 103.378 5.763
201809 3.769 103.378 5.916
201812 3.624 103.785 5.667
201903 3.641 104.274 5.666
201906 3.718 105.983 5.693
201909 3.337 105.983 5.110
201912 3.786 107.123 5.735
202003 3.884 109.076 5.778
202006 3.910 109.402 5.800
202009 3.997 109.320 5.933
202012 4.082 109.565 6.046
202103 4.141 112.658 5.965
202106 4.371 113.960 6.224
202109 4.542 115.588 6.377
202112 4.516 119.088 6.154
202203 4.664 125.031 6.054
202206 4.475 131.705 5.514
202209 4.593 135.531 5.499
202212 4.377 139.113 5.106
202303 4.412 145.950 4.906
202306 4.388 147.009 4.844
202309 4.778 146.113 5.307
202312 4.914 147.741 5.398
202403 4.983 149.044 5.426
202406 4.960 150.997 5.331
202409 4.897 153.439 5.179
202412 4.876 154.660 5.116
202503 4.641 157.021 4.796
202506 4.317 157.509 4.448
202509 4.510 158.000 4.632
202512 4.019 158.320 4.120
202603 4.087 163.070 4.067
202606 3.658 162.280 3.658

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 zł mean?
Echo Investment (WAR:ECH) has a Cyclically Adjusted Book per Share of zł 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 Echo Investment and its competitors.
Is Echo Investment's Cyclically Adjusted Book per Share too high?
Echo Investment's current Cyclically Adjusted Book per Share is zł. Overall, Echo Investment has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Echo Investment's Cyclically Adjusted Book per Share compare to competitors?
Echo Investment's Cyclically Adjusted Book per Share of zł 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 Echo Investment and its competitors. Echo Investment's current Cyclically Adjusted Book per Share is zł. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Echo Investment stock overvalued right now?
Based on GuruFocus' analysis, Echo Investment (WAR:ECH) is currently considered Modestly Undervalued. The stock's GF Value™ is zł7.51, compared to a current price of zł5.42 — trading 27.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł. Echo Investment's overall GF Score™ is 80/100 with 8 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 Echo Investment (WAR:ECH), the current Cyclically Adjusted Book per Share is zł 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 Echo Investment (WAR:ECH) Overvalued in 2026?

Based on GuruFocus' analysis, Echo Investment stock appears to be undervalued. The current stock price of zł5.42 is trading 27.8% below its estimated GF Value™ of zł7.51. GuruFocus considers Echo Investment to be Modestly Undervalued.

Key valuation signals for WAR:ECH:

  • Cyclically Adjusted Book per Share:
  • GF Value™: zł7.51 vs. price of zł5.42 (27.8% below fair value)
  • GF Score™: 80/100 with 8 warning signs

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


Echo Investment Business Description

Other Exchanges 4I3:Germany
Address Al. Jana Pawła II 22, Warsaw Office Q22 building, Warsaw, POL, 00-133
Echo Investment SA is a Polish development company that builds projects in the office, retail, and residential sectors. The company divides its revenue-generating businesses into four categories: residential, shopping centers, office buildings, and others. The residential segment handles the rental and sale of properties. In the other segment, accounting, leasing, and development services for external clients generate revenue. The residential and retail segments are responsible for generating the largest portions of revenue. A majority of the company's revenue is earned in Poland.
80GF Score

Get the complete analysis for WAR:ECH

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

zł5.42
Price
zł7.51
GF Value