MCI Capital ASI (WAR:MCI) Cyclically Adjusted Book per Share: zł39.40 (As of Mar. 2026)


WAR:MCI MCI Capital ASI SA WAR:MCI
69 GF Score
Price zł27.70
GF Value zł22.13
Valuation Modestly Overvalued
! 5 Warning Signs
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What is MCI Capital ASI Cyclically Adjusted Book per Share?

MCI Capital ASI WAR:MCI 69 Cyclically Adjusted Book per Share is zł39.40 as of Mar. 2026. GuruFocus rates WAR:MCI with a GF Score™ of 69/100 and a GF Value™ of zł22.13 (Modestly Overvalued). The stock has 5 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.

MCI Capital ASI's adjusted book value per share for the three months ended in Mar. 2026 was zł39.323. 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 zł39.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MCI Capital ASI's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.00% 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 MCI Capital ASI was 19.80% per year. The lowest was 9.60% per year. And the median was 17.35% per year.

As of today (2026-07-09), MCI Capital ASI's current stock price is zł27.70. MCI Capital ASI's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł39.40. MCI Capital ASI's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MCI Capital ASI was 1.17. The lowest was 0.44. And the median was 0.71.


MCI Capital ASI  (WAR:MCI) 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.

MCI Capital ASI's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.70/39.40
=0.70

* 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 MCI Capital ASI was 1.17. The lowest was 0.44. And the median was 0.71.


Be Aware

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


MCI Capital ASI Cyclically Adjusted Book per Share Related Terms


MCI Capital ASI Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for MCI Capital ASI'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.

MCI Capital ASI Cyclically Adjusted Book per Share Chart

MCI Capital ASI 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 23.28 28.93 33.07 36.36 38.10

MCI Capital ASI 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 37.25 37.41 37.79 38.10 39.40

WAR:MCI vs BLK, BX, KKR: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, MCI Capital ASI'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.


MCI Capital ASI Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, MCI Capital ASI's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:MCI
69GF Score
MCI Capital ASI SA WAR:MCI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCI Capital ASI 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, MCI Capital ASI'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)
=39.323/163.0700*163.0700
=39.323

Current CPI (Mar. 2026) = 163.0700.

MCI Capital ASI Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.642 99.552 32.174
201609 18.285 99.064 30.099
201612 17.747 100.366 28.834
201703 18.128 101.018 29.264
201706 19.536 101.180 31.486
201709 20.347 101.343 32.740
201712 19.853 102.564 31.565
201803 21.891 102.564 34.805
201806 21.964 103.378 34.646
201809 21.940 103.378 34.608
201812 22.994 103.785 36.129
201903 24.404 104.274 38.165
201906 22.735 105.983 34.981
201909 24.387 105.983 37.523
201912 25.447 107.123 38.737
202003 25.756 109.076 38.506
202006 25.953 109.402 38.685
202009 26.291 109.320 39.218
202012 27.666 109.565 41.177
202103 29.033 112.658 42.025
202106 35.353 113.960 50.588
202109 36.145 115.588 50.993
202112 35.816 119.088 49.044
202203 34.204 125.031 44.610
202206 34.443 131.705 42.645
202209 35.564 135.531 42.790
202212 36.527 139.113 42.817
202303 36.724 145.950 41.032
202306 38.580 147.009 42.795
202309 40.128 146.113 44.785
202312 39.676 147.741 43.793
202403 39.982 149.044 43.745
202406 40.269 150.997 43.489
202409 40.642 153.439 43.193
202412 39.975 154.660 42.149
202503 40.275 157.021 41.827
202506 39.046 157.509 40.425
202509 39.090 158.000 40.344
202512 39.257 158.320 40.435
202603 39.323 163.070 39.323

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 zł39.40 mean?
MCI Capital ASI (WAR:MCI) has a Cyclically Adjusted Book per Share of zł39.40 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 MCI Capital ASI and its competitors.
Is MCI Capital ASI's Cyclically Adjusted Book per Share too high?
MCI Capital ASI's current Cyclically Adjusted Book per Share is zł39.40. Overall, MCI Capital ASI has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MCI Capital ASI's Cyclically Adjusted Book per Share compare to BLK and BX?
MCI Capital ASI's Cyclically Adjusted Book per Share of zł39.40 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management 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 MCI Capital ASI and its competitors. MCI Capital ASI's current Cyclically Adjusted Book per Share is zł39.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCI Capital ASI stock overvalued right now?
Based on GuruFocus' analysis, MCI Capital ASI (WAR:MCI) is currently considered Modestly Overvalued. The stock's GF Value™ is zł22.13, compared to a current price of zł27.70 — trading 25.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł39.40. MCI Capital ASI's overall GF Score™ is 69/100 with 5 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 MCI Capital ASI (WAR:MCI), the current Cyclically Adjusted Book per Share is zł39.40 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 MCI Capital ASI (WAR:MCI) Overvalued in 2026?

Based on GuruFocus' analysis, MCI Capital ASI stock appears to be overvalued. The current stock price of zł27.70 is trading 25.2% above its estimated GF Value™ of zł22.13. GuruFocus considers MCI Capital ASI to be Modestly Overvalued.

Key valuation signals for WAR:MCI:

  • Cyclically Adjusted Book per Share: zł39.40
  • GF Value™: zł22.13 vs. price of zł27.70 (25.2% above fair value)
  • GF Score™: 69/100 with 5 warning signs

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


MCI Capital ASI Business Description

Other Exchanges 4SN:Germany
Address Plac Europejski 1, Warsaw Spire, Warsaw, POL, 00-844
MCI Capital ASI SA is engaged in the administration of investment funds. The company conducts direct investment activities of the private equity and venture capital funds. It invests in several companies ranging from buyout and growth investments, start-ups and small technology companies, debt instruments, and property. The company specializes in digital transformation processes, investing in pure online models, companies transferring the business model from traditional to digital economy, and companies operating on the Internet infrastructure development market.
69GF Score

Get the complete analysis for WAR:MCI

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

zł27.70
Price
zł22.13
GF Value