Inpro (WAR:INP) Cyclically Adjusted Book per Share: zł11.70 (As of Mar. 2026)


WAR:INP Inpro SA WAR:INP
76 GF Score
Price zł7.70
GF Value zł8.64
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Inpro Cyclically Adjusted Book per Share?

Inpro WAR:INP +0.65% 76 Cyclically Adjusted Book per Share is zł11.70 as of Mar. 2026. GuruFocus rates WAR:INP with a GF Score™ of 76/100 and a GF Value™ of zł8.64 (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.

Inpro's adjusted book value per share for the three months ended in Mar. 2026 was zł13.797. 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 zł11.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Inpro's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 Inpro was 13.60% per year. The lowest was 9.20% per year. And the median was 11.40% per year.

As of today (2026-07-07), Inpro's current stock price is zł7.70. Inpro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł11.70. Inpro's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Inpro was 1.23. The lowest was 0.57. And the median was 0.72.


Inpro  (WAR:INP) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.70/11.70
=0.66

* 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 Inpro was 1.23. The lowest was 0.57. 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.


Inpro Cyclically Adjusted Book per Share Related Terms


Inpro Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Inpro'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.

Inpro Cyclically Adjusted Book per Share Chart

Inpro 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 7.17 8.64 9.60 10.51 11.25

Inpro 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 10.79 10.95 11.10 11.25 11.70

Inpro Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Inpro'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.


Inpro Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


WAR:INP
76GF Score
Inpro SA WAR:INP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inpro 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, Inpro'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)
=13.797/163.0700*163.0700
=13.797

Current CPI (Mar. 2026) = 163.0700.

Inpro Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.299 99.552 8.680
201609 5.406 99.064 8.899
201612 5.832 100.366 9.476
201703 5.988 101.018 9.666
201706 5.824 101.180 9.386
201709 5.876 101.343 9.455
201712 6.282 102.564 9.988
201803 6.438 102.564 10.236
201806 6.309 103.378 9.952
201809 6.458 103.378 10.187
201812 6.981 103.785 10.969
201903 6.980 104.274 10.916
201906 6.721 105.983 10.341
201909 6.877 105.983 10.581
201912 7.709 107.123 11.735
202003 7.936 109.076 11.864
202006 7.845 109.402 11.693
202009 7.957 109.320 11.869
202012 9.133 109.565 13.593
202103 9.297 112.658 13.457
202106 8.925 113.960 12.771
202109 9.167 115.588 12.933
202112 9.647 119.088 13.210
202203 9.795 125.031 12.775
202206 9.609 131.705 11.897
202209 9.825 135.531 11.821
202212 10.751 139.113 12.602
202303 10.870 145.950 12.145
202306 10.945 147.009 12.141
202309 11.000 146.113 12.277
202312 11.360 147.741 12.539
202403 11.595 149.044 12.686
202406 11.465 150.997 12.382
202409 11.590 153.439 12.317
202412 12.340 154.660 13.011
202503 12.700 157.021 13.189
202506 12.761 157.509 13.212
202509 13.050 158.000 13.469
202512 13.634 158.320 14.043
202603 13.797 163.070 13.797

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 zł11.70 mean?
Inpro (WAR:INP) has a Cyclically Adjusted Book per Share of zł11.70 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 Inpro and its competitors.
Is Inpro's Cyclically Adjusted Book per Share too high?
Inpro's current Cyclically Adjusted Book per Share is zł11.70. Overall, Inpro has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inpro's Cyclically Adjusted Book per Share compare to competitors?
Inpro's Cyclically Adjusted Book per Share of zł11.70 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 Inpro and its competitors. Inpro's current Cyclically Adjusted Book per Share is zł11.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inpro stock overvalued right now?
Based on GuruFocus' analysis, Inpro (WAR:INP) is currently considered Modestly Undervalued. The stock's GF Value™ is zł8.64, compared to a current price of zł7.70 — trading 10.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł11.70. Inpro's overall GF Score™ is 76/100 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 Inpro (WAR:INP), the current Cyclically Adjusted Book per Share is zł11.70 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 Inpro (WAR:INP) Overvalued in 2026?

Based on GuruFocus' analysis, Inpro stock appears to be undervalued. The current stock price of zł7.70 is trading 10.9% below its estimated GF Value™ of zł8.64. GuruFocus considers Inpro to be Modestly Undervalued.

Key valuation signals for WAR:INP:

  • Cyclically Adjusted Book per Share: zł11.70
  • GF Value™: zł8.64 vs. price of zł7.70 (10.9% below fair value)
  • GF Score™: 76/100 with 4 warning signs

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


Inpro Business Description

Address ul. Opata Jacka Rybinskiego 8, Gdansk-Oliwa, POL, 80320
Inpro SA is a Poland-based firm engaged in property development activities. The property development activity of the company includes the construction and sale of residential and commercial premises. The company's operating segments include property development activity, manufacture of precast products, plumbing, and heating systems, and renting of real property. The company generates maximum revenue from the Property development activity segment.
76GF Score

Get the complete analysis for WAR:INP

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

zł7.70
Price
zł8.64
GF Value