IMC (WAR:IMC) Cyclically Adjusted Book per Share: zł18.24 (As of Mar. 2026)

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WAR:IMC IMC SA WAR:IMC
75 GF Score
Price zł32.00
GF Value zł23.08
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is IMC Cyclically Adjusted Book per Share?

IMC WAR:IMC +6.67% 75 Cyclically Adjusted Book per Share is zł18.24 as of Mar. 2026. GuruFocus rates WAR:IMC with a GF Score™ of 75/100 and a GF Value™ of zł23.08 (Significantly Overvalued). The stock has 3 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.

IMC's adjusted book value per share for the three months ended in Mar. 2026 was zł21.156. 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 zł18.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IMC'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 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 IMC was 7.40% per year. The lowest was 4.30% per year. And the median was 6.50% per year.

As of today (2026-07-27), IMC's current stock price is zł32.00. IMC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł18.24. IMC's Cyclically Adjusted PB Ratio of today is 1.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IMC was 2.64. The lowest was 0.54. And the median was 1.27.


IMC  (WAR:IMC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.00/18.24
=1.75

* 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 IMC was 2.64. The lowest was 0.54. 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.


IMC Cyclically Adjusted Book per Share Related Terms


IMC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for IMC'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.

IMC Cyclically Adjusted Book per Share Chart

IMC 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 13.62 14.70 14.57 15.47 17.76

IMC 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 16.25 16.87 17.46 17.76 18.24

WAR:IMC vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, IMC'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.


IMC Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, IMC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:IMC
75GF Score
IMC SA WAR:IMC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IMC 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, IMC'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)
=21.156/127.1600*127.1600
=21.156

Current CPI (Mar. 2026) = 127.1600.

IMC Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.370 100.660 11.837
201609 8.538 100.750 10.776
201612 7.930 101.040 9.980
201703 7.340 101.780 9.170
201706 12.200 102.170 15.184
201709 11.312 102.520 14.031
201712 11.808 102.410 14.662
201803 11.789 102.900 14.568
201806 15.740 103.650 19.310
201809 13.800 104.580 16.780
201812 13.711 104.320 16.713
201903 12.958 105.140 15.672
201906 17.872 105.550 21.531
201909 16.287 105.900 19.557
201912 15.152 106.080 18.163
202003 11.211 106.040 13.444
202006 16.349 106.340 19.550
202009 15.406 106.620 18.374
202012 15.763 106.670 18.791
202103 16.144 108.140 18.983
202106 22.490 108.680 26.314
202109 23.602 109.470 27.416
202112 21.839 111.090 24.998
202203 19.223 114.780 21.296
202206 21.693 116.750 23.627
202209 17.394 117.000 18.904
202212 16.083 117.060 17.471
202303 15.658 118.910 16.744
202306 16.799 120.460 17.733
202309 15.898 121.740 16.606
202312 15.183 121.170 15.934
202403 14.347 122.590 14.882
202406 16.516 123.120 17.058
202409 18.983 123.300 19.577
202412 19.443 122.430 20.194
202503 19.837 124.210 20.308
202506 22.446 125.820 22.685
202509 24.354 126.570 24.468
202512 22.314 126.180 22.487
202603 21.156 127.160 21.156

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 zł18.24 mean?
IMC (WAR:IMC) has a Cyclically Adjusted Book per Share of zł18.24 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 IMC and its competitors.
Is IMC's Cyclically Adjusted Book per Share too high?
IMC's current Cyclically Adjusted Book per Share is zł18.24. Overall, IMC has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IMC's Cyclically Adjusted Book per Share compare to ADM and BG?
IMC's Cyclically Adjusted Book per Share of zł18.24 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 IMC and its competitors. IMC's current Cyclically Adjusted Book per Share is zł18.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMC stock overvalued right now?
Based on GuruFocus' analysis, IMC (WAR:IMC) is currently considered Significantly Overvalued. The stock's GF Value™ is zł23.08, compared to a current price of zł32.00 — trading 38.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł18.24. IMC's overall GF Score™ is 75/100 with 3 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 IMC (WAR:IMC), the current Cyclically Adjusted Book per Share is zł18.24 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 IMC (WAR:IMC) Overvalued in 2026?

Based on GuruFocus' analysis, IMC stock appears to be overvalued. The current stock price of zł32.00 is trading 38.6% above its estimated GF Value™ of zł23.08. GuruFocus considers IMC to be Significantly Overvalued.

Key valuation signals for WAR:IMC:

  • Cyclically Adjusted Book per Share: zł18.24
  • GF Value™: zł23.08 vs. price of zł32.00 (38.6% above fair value)
  • GF Score™: 75/100 with 3 warning signs

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


IMC Business Description

Other Exchanges IM4:Germany
Address 122, route d\'Arlon, Grand Duchy Luxembourg, LUX, L-1150
IMC SA is an integrated agricultural company operating in Ukraine. The company's activities are the cultivation of grain & oilseeds crops, and storage of grain & oilseeds crops. The Group operates in segments: crop farming, elevators, and warehouses. The crop farming segment deals with the cultivation and sale of such basic agricultural crops as corn, sunflowers, and wheat. The Elevators and warehouses segment deals with the storage and processing of agricultural produce. The company generates the majority of its revenue from the Crop farming segment.
75GF Score

Get the complete analysis for WAR:IMC

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

zł32.00
Price
zł23.08
GF Value