Elektrotim (WAR:ELT) Cyclically Adjusted Book per Share: zł11.30 (As of Mar. 2026)


WAR:ELT Elektrotim SA WAR:ELT
80 GF Score
Price zł57.55
GF Value zł43.71
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Elektrotim Cyclically Adjusted Book per Share?

Elektrotim WAR:ELT -1.20% 80 Cyclically Adjusted Book per Share is zł11.30 as of Mar. 2026. GuruFocus rates WAR:ELT with a GF Score™ of 80/100 and a GF Value™ of zł43.71 (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.

Elektrotim's adjusted book value per share for the three months ended in Mar. 2026 was zł13.997. 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 zł11.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Elektrotim's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Elektrotim was 7.70% per year. The lowest was 0.10% per year. And the median was 5.60% per year.

As of today (2026-07-12), Elektrotim's current stock price is zł57.55. Elektrotim's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł11.30. Elektrotim's Cyclically Adjusted PB Ratio of today is 5.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Elektrotim was 5.57. The lowest was 0.39. And the median was 0.83.


Elektrotim  (WAR:ELT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=57.55/11.30
=5.09

* 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 Elektrotim was 5.57. The lowest was 0.39. And the median was 0.83.


Be Aware

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


Elektrotim Cyclically Adjusted Book per Share Related Terms


Elektrotim Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Elektrotim'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.

Elektrotim Cyclically Adjusted Book per Share Chart

Elektrotim 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 8.63 9.79 10.24 10.77 11.00

Elektrotim 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 10.97 11.00 11.02 11.00 11.30

WAR:ELT vs VRT, BE, HUBB: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Elektrotim'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.


Elektrotim Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elektrotim's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Elektrotim 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, Elektrotim'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)
=13.997/163.0700*163.0700
=13.997

Current CPI (Mar. 2026) = 163.0700.

Elektrotim Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.891 99.552 12.926
201609 8.022 99.064 13.205
201612 8.291 100.366 13.471
201703 7.967 101.018 12.861
201706 7.336 101.180 11.823
201709 7.745 101.343 12.462
201712 7.481 102.564 11.894
201803 7.037 102.564 11.188
201806 6.803 103.378 10.731
201809 6.844 103.378 10.796
201812 7.023 103.785 11.035
201903 6.591 104.274 10.307
201906 5.425 105.983 8.347
201909 5.312 105.983 8.173
201912 5.307 107.123 8.079
202003 5.722 109.076 8.554
202006 5.990 109.402 8.928
202009 6.188 109.320 9.230
202012 6.962 109.565 10.362
202103 6.813 112.658 9.862
202106 7.123 113.960 10.193
202109 7.311 115.588 10.314
202112 7.631 119.088 10.449
202203 7.090 125.031 9.247
202206 7.158 131.705 8.863
202209 8.268 135.531 9.948
202212 9.822 139.113 11.513
202303 10.398 145.950 11.618
202306 10.019 147.009 11.114
202309 10.994 146.113 12.270
202312 10.547 147.741 11.641
202403 12.656 149.044 13.847
202406 10.961 150.997 11.837
202409 12.601 153.439 13.392
202412 13.431 154.660 14.161
202503 13.859 157.021 14.393
202506 11.665 157.509 12.077
202509 12.310 158.000 12.705
202512 13.823 158.320 14.238
202603 13.997 163.070 13.997

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 zł11.30 mean?
Elektrotim (WAR:ELT) has a Cyclically Adjusted Book per Share of zł11.30 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 Elektrotim and its competitors.
Is Elektrotim's Cyclically Adjusted Book per Share too high?
Elektrotim's current Cyclically Adjusted Book per Share is zł11.30. Overall, Elektrotim has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elektrotim's Cyclically Adjusted Book per Share compare to VRT and BE?
Elektrotim's Cyclically Adjusted Book per Share of zł11.30 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Elektrotim and its competitors. Elektrotim's current Cyclically Adjusted Book per Share is zł11.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrotim stock overvalued right now?
Based on GuruFocus' analysis, Elektrotim (WAR:ELT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł43.71, compared to a current price of zł57.55 — trading 31.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł11.30. Elektrotim's overall GF Score™ is 80/100 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 Elektrotim (WAR:ELT), the current Cyclically Adjusted Book per Share is zł11.30 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 Elektrotim (WAR:ELT) Overvalued in 2026?

Based on GuruFocus' analysis, Elektrotim stock appears to be overvalued. The current stock price of zł57.55 is trading 31.7% above its estimated GF Value™ of zł43.71. GuruFocus considers Elektrotim to be Significantly Overvalued.

Key valuation signals for WAR:ELT:

  • Cyclically Adjusted Book per Share: zł11.30
  • GF Value™: zł43.71 vs. price of zł57.55 (31.7% above fair value)
  • GF Score™: 80/100 with 6 warning signs

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


Elektrotim Business Description

Address ul Stargardzka 8, Wroclaw, POL, 54-156
Elektrotim SA together with its subsidiaries is involved in providing, installation, networks, high voltage, and project management services in Poland. It offers electrical installations, such as electrical switchgear, power distribution wiring systems, and low-current wiring systems; and maintenance for traffic engineering, traffic signals and lighting, and sanitary networks.
80GF Score

Get the complete analysis for WAR:ELT

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

zł57.55
Price
zł43.71
GF Value