Lukardi Spolka Akcyjna (WAR:LUK) Cyclically Adjusted Book per Share: zł0.14 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:LUK Lukardi Spolka Akcyjna WAR:LUK
50 GF Score
Price zł0.42
GF Value zł0.36
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Lukardi Spolka Akcyjna Cyclically Adjusted Book per Share?

Lukardi Spolka Akcyjna WAR:LUK 50 Cyclically Adjusted Book per Share is zł0.14 as of Mar. 2026. GuruFocus rates WAR:LUK with a GF Score™ of 50/100 and a GF Value™ of zł0.36 (Modestly Overvalued). The stock has 9 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.

Lukardi Spolka Akcyjna's adjusted book value per share for the three months ended in Mar. 2026 was zł0.032. 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 zł0.14 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-20), Lukardi Spolka Akcyjna's current stock price is zł0.42. Lukardi Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.14. Lukardi Spolka Akcyjna's Cyclically Adjusted PB Ratio of today is 3.00.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Lukardi Spolka Akcyjna was 3.24. The lowest was 1.95. And the median was 3.00.


Lukardi Spolka Akcyjna  (WAR:LUK) 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.

Lukardi Spolka Akcyjna's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.42/0.14
=3.00

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Lukardi Spolka Akcyjna was 3.24. The lowest was 1.95. And the median was 3.00.


Be Aware

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


Lukardi Spolka Akcyjna Cyclically Adjusted Book per Share Related Terms


Lukardi Spolka Akcyjna Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Lukardi Spolka Akcyjna'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.

Lukardi Spolka Akcyjna Cyclically Adjusted Book per Share Chart

Lukardi Spolka Akcyjna 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 0.00 0.00 0.00 0.00 0.14

Lukardi Spolka Akcyjna 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 0.00 0.17 0.17 0.14 0.14

WAR:LUK vs IBM, ACN, FISV: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, Lukardi Spolka Akcyjna'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.


Lukardi Spolka Akcyjna Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Lukardi Spolka Akcyjna's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:LUK
50GF Score
Lukardi Spolka Akcyjna WAR:LUK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Lukardi Spolka Akcyjna 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, Lukardi Spolka Akcyjna'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)
=0.032/163.0700*163.0700
=0.032

Current CPI (Mar. 2026) = 163.0700.

Lukardi Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.745 99.552 1.220
201609 0.739 99.064 1.216
201612 0.070 100.366 0.114
201703 0.112 101.018 0.181
201706 0.064 101.180 0.103
201709 0.079 101.343 0.127
201712 0.041 102.564 0.065
201803 0.043 102.564 0.068
201806 0.035 103.378 0.055
201809 0.005 103.378 0.008
201812 -0.046 103.785 -0.072
201903 0.018 104.274 0.028
201906 0.032 105.983 0.049
201909 0.037 105.983 0.057
201912 -0.056 107.123 -0.085
202003 0.030 109.076 0.045
202006 -0.007 109.402 -0.010
202009 0.087 109.320 0.130
202012 0.082 109.565 0.122
202103 0.063 112.658 0.091
202106 0.110 113.960 0.157
202109 0.087 115.588 0.123
202112 0.114 119.088 0.156
202203 0.099 125.031 0.129
202206 0.118 131.705 0.146
202209 0.121 135.531 0.146
202212 0.105 139.113 0.123
202303 0.114 145.950 0.127
202306 0.112 147.009 0.124
202309 0.105 146.113 0.117
202312 0.091 147.741 0.100
202403 0.092 149.044 0.101
202406 0.091 150.997 0.098
202409 0.086 153.439 0.091
202412 0.065 154.660 0.069
202503 0.092 157.021 0.096
202506 0.079 157.509 0.082
202509 0.066 158.000 0.068
202512 0.079 158.320 0.081
202603 0.032 163.070 0.032

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 zł0.14 mean?
Lukardi Spolka Akcyjna (WAR:LUK) has a Cyclically Adjusted Book per Share of zł0.14 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 Lukardi Spolka Akcyjna and its competitors.
Is Lukardi Spolka Akcyjna's Cyclically Adjusted Book per Share too high?
Lukardi Spolka Akcyjna's current Cyclically Adjusted Book per Share is zł0.14. Overall, Lukardi Spolka Akcyjna has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lukardi Spolka Akcyjna's Cyclically Adjusted Book per Share compare to IBM and ACN?
Lukardi Spolka Akcyjna's Cyclically Adjusted Book per Share of zł0.14 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Lukardi Spolka Akcyjna and its competitors. Lukardi Spolka Akcyjna's current Cyclically Adjusted Book per Share is zł0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lukardi Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, Lukardi Spolka Akcyjna (WAR:LUK) is currently considered Modestly Overvalued. The stock's GF Value™ is zł0.36, compared to a current price of zł0.42 — trading 16.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł0.14. Lukardi Spolka Akcyjna's overall GF Score™ is 50/100 with 9 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 Lukardi Spolka Akcyjna (WAR:LUK), the current Cyclically Adjusted Book per Share is zł0.14 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 Lukardi Spolka Akcyjna (WAR:LUK) Overvalued in 2026?

Based on GuruFocus' analysis, Lukardi Spolka Akcyjna stock appears to be overvalued. The current stock price of zł0.42 is trading 16.7% above its estimated GF Value™ of zł0.36. GuruFocus considers Lukardi Spolka Akcyjna to be Modestly Overvalued.

Key valuation signals for WAR:LUK:

  • Cyclically Adjusted Book per Share: zł0.14
  • GF Value™: zł0.36 vs. price of zł0.42 (16.7% above fair value)
  • GF Score™: 50/100 with 9 warning signs

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


Lukardi Spolka Akcyjna Business Description

Address Ulica Teczowa 3, Poznan, POL, 60-275
Lukardi Spolka Akcyjna is engaged in implementation, consulting, hosting, and building IT solutions. The company provides professional services to maintain and develop SAP systems.
50GF Score

Get the complete analysis for WAR:LUK

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

zł0.42
Price
zł0.36
GF Value