Grupa RECYKL (WAR:GRC) Cyclically Adjusted Book per Share: zł31.88 (As of Mar. 2026)


WAR:GRC Grupa RECYKL SA WAR:GRC
87 GF Score
Price zł68.20
GF Value zł80.92
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Grupa RECYKL Cyclically Adjusted Book per Share?

Grupa RECYKL WAR:GRC +0.29% 87 Cyclically Adjusted Book per Share is zł31.88 as of Mar. 2026. GuruFocus rates WAR:GRC with a GF Score™ of 87/100 and a GF Value™ of zł80.92 (Modestly Undervalued). 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.

Grupa RECYKL's adjusted book value per share for the three months ended in Mar. 2026 was zł45.988. 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 zł31.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Grupa RECYKL's average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.60% 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 Grupa RECYKL was 20.30% per year. The lowest was 15.60% per year. And the median was 17.95% per year.

As of today (2026-07-04), Grupa RECYKL's current stock price is zł68.20. Grupa RECYKL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł31.88. Grupa RECYKL's Cyclically Adjusted PB Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupa RECYKL was 4.93. The lowest was 1.78. And the median was 2.87.


Grupa RECYKL  (WAR:GRC) 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.

Grupa RECYKL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=68.20/31.88
=2.14

* 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 Grupa RECYKL was 4.93. The lowest was 1.78. And the median was 2.87.


Be Aware

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


Grupa RECYKL Cyclically Adjusted Book per Share Related Terms


Grupa RECYKL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Grupa RECYKL'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.

Grupa RECYKL Cyclically Adjusted Book per Share Chart

Grupa RECYKL 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 15.86 20.15 23.74 27.64 31.16

Grupa RECYKL 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 28.73 29.49 30.30 31.16 31.88

WAR:GRC vs WM, RSG, WCN: Cyclically Adjusted Book per Share Comparison

For the Waste Management subindustry, Grupa RECYKL'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.


Grupa RECYKL Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Grupa RECYKL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:GRC
87GF Score
Grupa RECYKL SA WAR:GRC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupa RECYKL 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, Grupa RECYKL'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)
=45.988/163.0700*163.0700
=45.988

Current CPI (Mar. 2026) = 163.0700.

Grupa RECYKL Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.356 99.552 16.963
201609 10.845 99.064 17.852
201612 11.108 100.366 18.048
201703 11.769 101.018 18.998
201706 12.447 101.180 20.061
201709 13.447 101.343 21.637
201712 13.545 102.564 21.536
201803 14.019 102.564 22.289
201806 15.043 103.378 23.729
201809 16.232 103.378 25.605
201812 16.181 103.785 25.424
201903 16.607 104.274 25.971
201906 17.053 105.983 26.239
201909 18.382 105.983 28.283
201912 17.834 107.123 27.148
202003 18.697 109.076 27.952
202006 19.363 109.402 28.862
202009 21.051 109.320 31.401
202012 20.525 109.565 30.548
202103 22.033 112.658 31.892
202106 23.835 113.960 34.106
202109 27.377 115.588 38.623
202112 27.128 119.088 37.147
202203 28.391 125.031 37.029
202206 30.410 131.705 37.652
202209 30.895 135.531 37.173
202212 31.749 139.113 37.217
202303 32.836 145.950 36.688
202306 34.757 147.009 38.554
202309 35.982 146.113 40.158
202312 37.774 147.741 41.693
202403 38.582 149.044 42.213
202406 41.114 150.997 44.401
202409 43.163 153.439 45.872
202412 42.054 154.660 44.341
202503 40.440 157.021 41.998
202506 43.649 157.509 45.190
202509 46.190 158.000 47.672
202512 46.537 158.320 47.933
202603 45.988 163.070 45.988

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 zł31.88 mean?
Grupa RECYKL (WAR:GRC) has a Cyclically Adjusted Book per Share of zł31.88 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 Grupa RECYKL and its competitors.
Is Grupa RECYKL's Cyclically Adjusted Book per Share too high?
Grupa RECYKL's current Cyclically Adjusted Book per Share is zł31.88. Overall, Grupa RECYKL has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grupa RECYKL's Cyclically Adjusted Book per Share compare to WM and RSG?
Grupa RECYKL's Cyclically Adjusted Book per Share of zł31.88 can be compared against companies in the Waste Management 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 Waste Management company?
A good Cyclically Adjusted Book per Share depends on the Waste Management 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 Grupa RECYKL and its competitors. Grupa RECYKL's current Cyclically Adjusted Book per Share is zł31.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupa RECYKL stock overvalued right now?
Based on GuruFocus' analysis, Grupa RECYKL (WAR:GRC) is currently considered Modestly Undervalued. The stock's GF Value™ is zł80.92, compared to a current price of zł68.20 — trading 15.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł31.88. Grupa RECYKL's overall GF Score™ is 87/100 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 Grupa RECYKL (WAR:GRC), the current Cyclically Adjusted Book per Share is zł31.88 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 Grupa RECYKL (WAR:GRC) Overvalued in 2026?

Based on GuruFocus' analysis, Grupa RECYKL stock appears to be undervalued. The current stock price of zł68.20 is trading 15.7% below its estimated GF Value™ of zł80.92. GuruFocus considers Grupa RECYKL to be Modestly Undervalued.

Key valuation signals for WAR:GRC:

  • Cyclically Adjusted Book per Share: zł31.88
  • GF Value™: zł80.92 vs. price of zł68.20 (15.7% below fair value)
  • GF Score™: 87/100 with 4 warning signs

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


Grupa RECYKL Business Description

Address Srem Ulica Summer 3, Province Greater, POL, 63-100
Grupa RECYKL SA is engaged in waste management services in Poland. The company primarily involved in the recovery and recycling of worn tires. It also provides rubber granulates for burning in cement industries; rubber granulate with fibers and steel cords.
87GF Score

Get the complete analysis for WAR:GRC

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

zł68.20
Price
zł80.92
GF Value