Globe Trade Centre (WAR:GTC) Cyclically Adjusted Book per Share: zł11.20 (As of Mar. 2026)


WAR:GTC Globe Trade Centre SA WAR:GTC
53 GF Score
Price zł2.19
GF Value zł5.20
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Globe Trade Centre Cyclically Adjusted Book per Share?

Globe Trade Centre WAR:GTC +0.46% 53 Cyclically Adjusted Book per Share is zł11.20 as of Mar. 2026. GuruFocus rates WAR:GTC with a GF Score™ of 53/100 and a GF Value™ of zł5.20 (Possible Value Trap). 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.

Globe Trade Centre's adjusted book value per share for the three months ended in Mar. 2026 was zł7.392. 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 zł11.20 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Globe Trade Centre's average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.60% 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 Globe Trade Centre was 1.70% per year. The lowest was -7.00% per year. And the median was -1.70% per year.

As of today (2026-07-06), Globe Trade Centre's current stock price is zł2.19. Globe Trade Centre's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł11.20. Globe Trade Centre's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Globe Trade Centre was 0.87. The lowest was 0.19. And the median was 0.59.


Globe Trade Centre  (WAR:GTC) 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.

Globe Trade Centre's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.19/11.20
=0.20

* 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 Globe Trade Centre was 0.87. The lowest was 0.19. And the median was 0.59.


Be Aware

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


Globe Trade Centre Cyclically Adjusted Book per Share Related Terms


Globe Trade Centre Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Globe Trade Centre'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.

Globe Trade Centre Cyclically Adjusted Book per Share Chart

Globe Trade Centre 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 10.22 10.82 10.72 10.76 10.94

Globe Trade Centre 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 10.90 10.93 10.95 10.94 11.20

WAR:GTC vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Globe Trade Centre'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.


Globe Trade Centre Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


WAR:GTC
53GF Score
Globe Trade Centre SA WAR:GTC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Trade Centre 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, Globe Trade Centre'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)
=7.392/163.0700*163.0700
=7.392

Current CPI (Mar. 2026) = 163.0700.

Globe Trade Centre Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.204 99.552 10.162
201609 6.727 99.064 11.073
201612 6.767 100.366 10.995
201703 7.152 101.018 11.545
201706 7.524 101.180 12.126
201709 8.471 101.343 13.631
201712 8.840 102.564 14.055
201803 9.433 102.564 14.998
201806 8.788 103.378 13.862
201809 8.990 103.378 14.181
201812 8.960 103.785 14.078
201903 9.063 104.274 14.173
201906 8.881 105.983 13.665
201909 8.740 105.983 13.448
201912 8.962 107.123 13.643
202003 8.904 109.076 13.312
202006 8.748 109.402 13.039
202009 9.235 109.320 13.776
202012 8.995 109.565 13.388
202103 8.801 112.658 12.739
202106 9.058 113.960 12.961
202109 8.921 115.588 12.586
202112 9.602 119.088 13.148
202203 8.067 125.031 10.521
202206 7.949 131.705 9.842
202209 7.350 135.531 8.843
202212 7.697 139.113 9.023
202303 7.849 145.950 8.770
202306 7.653 147.009 8.489
202309 7.583 146.113 8.463
202312 7.845 147.741 8.659
202403 7.856 149.044 8.595
202406 7.730 150.997 8.348
202409 8.000 153.439 8.502
202412 7.710 154.660 8.129
202503 7.961 157.021 8.268
202506 8.489 157.509 8.789
202509 8.493 158.000 8.766
202512 7.544 158.320 7.770
202603 7.392 163.070 7.392

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 zł11.20 mean?
Globe Trade Centre (WAR:GTC) has a Cyclically Adjusted Book per Share of zł11.20 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 Globe Trade Centre and its competitors.
Is Globe Trade Centre's Cyclically Adjusted Book per Share too high?
Globe Trade Centre's current Cyclically Adjusted Book per Share is zł11.20. Overall, Globe Trade Centre has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Globe Trade Centre's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Globe Trade Centre's Cyclically Adjusted Book per Share of zł11.20 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 Globe Trade Centre and its competitors. Globe Trade Centre's current Cyclically Adjusted Book per Share is zł11.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Trade Centre stock overvalued right now?
Based on GuruFocus' analysis, Globe Trade Centre (WAR:GTC) is currently considered Possible Value Trap. The stock's GF Value™ is zł5.20, compared to a current price of zł2.19 — trading 57.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł11.20. Globe Trade Centre's overall GF Score™ is 53/100 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 Globe Trade Centre (WAR:GTC), the current Cyclically Adjusted Book per Share is zł11.20 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 Globe Trade Centre (WAR:GTC) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Trade Centre stock appears to be undervalued. The current stock price of zł2.19 is trading 57.9% below its estimated GF Value™ of zł5.20. GuruFocus considers Globe Trade Centre to be Possible Value Trap.

Key valuation signals for WAR:GTC:

  • Cyclically Adjusted Book per Share: zł11.20
  • GF Value™: zł5.20 vs. price of zł2.19 (57.9% below fair value)
  • GF Score™: 53/100 with 8 warning signs

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


Globe Trade Centre Business Description

Address Komitetu Obrony Robotnikow 45A, Nothus Building, Warsaw, POL, 02-146
Globe Trade Centre SA is a real estate investor and developer that focuses its business in Poland and several capital cities in Eastern Europe. The group operates in Poland, Hungary, Germany, Bucharest, Belgrade, Sofia, Zagreb, and others. The group manages a real estate portfolio that includes commercial buildings in the form of offices and retail space. The commercial property portfolio is actively managed by the group. In terms of geographic location, the company generates key revenue from Poland, and the remaining is made up of other geographic areas.
53GF Score

Get the complete analysis for WAR:GTC

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

zł2.19
Price
zł5.20
GF Value