Jastrzebska Spolka Weglowa (WAR:JSW) Cyclically Adjusted Book per Share: zł93.87 (As of Mar. 2026)


WAR:JSW Jastrzebska Spolka Weglowa SA WAR:JSW
67 GF Score
Price zł24.20
GF Value zł21.21
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Jastrzebska Spolka Weglowa Cyclically Adjusted Book per Share?

Jastrzebska Spolka Weglowa WAR:JSW -3.62% 67 Cyclically Adjusted Book per Share is zł93.87 as of Mar. 2026. GuruFocus rates WAR:JSW with a GF Score™ of 67/100 and a GF Value™ of zł21.21 (Modestly 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.

Jastrzebska Spolka Weglowa's adjusted book value per share for the three months ended in Mar. 2026 was zł20.708. 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 zł93.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Jastrzebska Spolka Weglowa's average Cyclically Adjusted Book Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Jastrzebska Spolka Weglowa was 12.00% per year. The lowest was 5.00% per year. And the median was 11.40% per year.

As of today (2026-06-28), Jastrzebska Spolka Weglowa's current stock price is zł24.20. Jastrzebska Spolka Weglowa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł93.87. Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jastrzebska Spolka Weglowa was 1.09. The lowest was 0.22. And the median was 0.44.


Jastrzebska Spolka Weglowa  (WAR:JSW) 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.

Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.20/93.87
=0.26

* 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 Jastrzebska Spolka Weglowa was 1.09. The lowest was 0.22. And the median was 0.44.


Be Aware

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


Jastrzebska Spolka Weglowa Cyclically Adjusted Book per Share Related Terms


Jastrzebska Spolka Weglowa Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Jastrzebska Spolka Weglowa'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.

Jastrzebska Spolka Weglowa Cyclically Adjusted Book per Share Chart

Jastrzebska Spolka Weglowa 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 68.83 81.74 90.86 95.10 94.64

Jastrzebska Spolka Weglowa 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 95.94 95.62 95.09 94.64 93.87

Jastrzebska Spolka Weglowa Cyclically Adjusted Book per Share Competitor Comparison

For the Thermal Coal subindustry, Jastrzebska Spolka Weglowa'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.


Jastrzebska Spolka Weglowa Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:JSW
67GF Score
Jastrzebska Spolka Weglowa SA WAR:JSW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jastrzebska Spolka Weglowa 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, Jastrzebska Spolka Weglowa'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)
=20.708/158.3232*158.3232
=20.708

Current CPI (Mar. 2026) = 158.3232.

Jastrzebska Spolka Weglowa Quarterly Data

Book Value per Share CPI Adj_Book
201606 31.360 99.552 49.873
201609 30.252 99.064 48.349
201612 34.089 100.366 53.774
201703 40.230 101.018 63.052
201706 45.058 101.180 70.505
201709 48.018 101.343 75.016
201712 54.416 102.564 83.999
201803 60.771 102.564 93.809
201806 63.459 103.378 97.187
201809 66.575 103.378 101.959
201812 68.829 103.785 104.998
201903 72.229 104.274 109.669
201906 73.447 105.983 109.719
201909 72.982 105.983 109.025
201912 72.081 107.123 106.533
202003 69.845 109.076 101.380
202006 63.589 109.402 92.024
202009 62.674 109.320 90.768
202012 58.940 109.565 85.170
202103 57.213 112.658 80.404
202106 55.804 113.960 77.528
202109 57.804 115.588 79.175
202112 67.307 119.088 89.482
202203 82.563 125.031 104.548
202206 102.737 131.705 123.500
202209 120.524 135.531 140.792
202212 132.390 139.113 150.672
202303 143.263 145.950 155.408
202306 149.545 147.009 161.055
202309 138.991 146.113 150.606
202312 140.270 147.741 150.317
202403 140.179 149.044 148.907
202406 89.315 150.997 93.648
202409 86.806 153.439 89.569
202412 79.098 154.660 80.971
202503 67.746 157.021 68.308
202506 61.440 157.509 61.758
202509 54.559 157.998 54.671
202512 26.042 158.323 26.042
202603 20.708 158.323 20.708

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 zł93.87 mean?
Jastrzebska Spolka Weglowa (WAR:JSW) has a Cyclically Adjusted Book per Share of zł93.87 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 Jastrzebska Spolka Weglowa and its competitors.
Is Jastrzebska Spolka Weglowa's Cyclically Adjusted Book per Share too high?
Jastrzebska Spolka Weglowa's current Cyclically Adjusted Book per Share is zł93.87. Overall, Jastrzebska Spolka Weglowa has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jastrzebska Spolka Weglowa's Cyclically Adjusted Book per Share compare to competitors?
Jastrzebska Spolka Weglowa's Cyclically Adjusted Book per Share of zł93.87 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Cyclically Adjusted Book per Share depends on the Other Energy Sources 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 Jastrzebska Spolka Weglowa and its competitors. Jastrzebska Spolka Weglowa's current Cyclically Adjusted Book per Share is zł93.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jastrzebska Spolka Weglowa stock overvalued right now?
Based on GuruFocus' analysis, Jastrzebska Spolka Weglowa (WAR:JSW) is currently considered Modestly Overvalued. The stock's GF Value™ is zł21.21, compared to a current price of zł24.20 — trading 14.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł93.87. Jastrzebska Spolka Weglowa's overall GF Score™ is 67/100 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 Jastrzebska Spolka Weglowa (WAR:JSW), the current Cyclically Adjusted Book per Share is zł93.87 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 Jastrzebska Spolka Weglowa (WAR:JSW) Overvalued in 2026?

Based on GuruFocus' analysis, Jastrzebska Spolka Weglowa stock appears to be overvalued. The current stock price of zł24.20 is trading 14.1% above its estimated GF Value™ of zł21.21. GuruFocus considers Jastrzebska Spolka Weglowa to be Modestly Overvalued.

Key valuation signals for WAR:JSW:

  • Cyclically Adjusted Book per Share: zł93.87
  • GF Value™: zł21.21 vs. price of zł24.20 (14.1% above fair value)
  • GF Score™: 67/100 with 6 warning signs

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


Jastrzebska Spolka Weglowa Business Description

Other Exchanges J2S:Germany
Address Al. Jana Pawła II 4, Jastrzebie Zdroj, POL, 44-330
Jastrzebska Spolka Weglowa SA is a coal producer based in Poland and one of the European Union's producers. The company predominantly produces hard coking coal which is an essential component in the production of steel, and in its coking plants, the company processes approximately half of the coking coal it produces. Additionally, the company is engaged in natural gas mining and generation, transmission and distribution of electricity. The company's products are sold domestically as well as to Germany, Austria, the Czech Republic, Slovakia, Romania and Hungary.
67GF Score

Get the complete analysis for WAR:JSW

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

zł24.20
Price
zł21.21
GF Value