Modivo (WAR:MDV) Cyclically Adjusted Book per Share: zł27.71 (As of Apr. 2026)


WAR:MDV Modivo SA WAR:MDV
73 GF Score
Price zł101.45
GF Value zł131.24
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Modivo Cyclically Adjusted Book per Share?

Modivo WAR:MDV +4.59% 73 Cyclically Adjusted Book per Share is zł27.71 as of Apr. 2026. GuruFocus rates WAR:MDV with a GF Score™ of 73/100 and a GF Value™ of zł131.24 (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.

Modivo's adjusted book value per share for the three months ended in Apr. 2026 was zł28.106. 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 zł27.71 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Modivo's average Cyclically Adjusted Book Growth Rate was -3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Modivo was 12.60% per year. The lowest was 0.50% per year. And the median was 10.10% per year.

As of today (2026-07-07), Modivo's current stock price is zł101.45. Modivo's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was zł27.71. Modivo's Cyclically Adjusted PB Ratio of today is 3.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Modivo was 18.41. The lowest was 1.29. And the median was 4.69.


Modivo  (WAR:MDV) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=101.45/27.71
=3.66

* 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 Modivo was 18.41. The lowest was 1.29. And the median was 4.69.


Be Aware

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


Modivo Cyclically Adjusted Book per Share Related Terms


Modivo Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Modivo'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.

Modivo Cyclically Adjusted Book per Share Chart

Modivo Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.37 26.92 27.11 27.93 27.92

Modivo Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 27.96 27.79 27.64 27.92 27.71

WAR:MDV vs TJX, ROST, BURL: Cyclically Adjusted Book per Share Comparison

For the Apparel Retail subindustry, Modivo'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.


Modivo Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Modivo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:MDV
73GF Score
Modivo SA WAR:MDV
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modivo 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, Modivo's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=28.106/163.3900*163.3900
=28.106

Current CPI (Apr. 2026) = 163.3900.

Modivo Quarterly Data

Book Value per Share CPI Adj_Book
201603 28.695 98.983 47.367
201606 24.438 99.552 40.109
201609 25.355 99.064 41.819
201612 23.479 100.366 38.222
201703 28.936 101.018 46.802
201706 28.404 101.180 45.868
201709 24.589 101.343 39.644
201712 28.103 102.564 44.770
201803 23.460 102.564 37.373
201806 25.206 103.378 39.838
201809 24.271 103.378 38.361
201812 24.798 103.785 39.040
201903 21.157 104.274 33.152
201906 21.645 105.983 33.369
201909 21.240 105.983 32.745
201912 23.407 107.123 35.702
202003 15.395 109.076 23.061
202006 9.975 109.402 14.898
202009 8.861 109.320 13.244
202104 13.722 113.553 19.744
202107 11.486 114.449 16.398
202110 20.664 116.891 28.884
202201 17.956 121.368 24.173
202204 14.331 127.554 18.357
202207 13.682 132.357 16.890
202210 12.466 137.973 14.762
202301 7.583 142.613 8.688
202304 7.058 147.009 7.844
202307 11.574 146.683 12.892
202310 11.644 146.520 12.985
202401 11.936 148.311 13.150
202404 13.037 150.672 14.137
202407 16.951 153.114 18.089
202410 19.234 153.928 20.416
202501 22.708 156.207 23.752
202504 29.778 157.672 30.858
202507 30.353 157.998 31.389
202510 32.141 158.160 33.204
202601 27.987 161.810 28.260
202604 28.106 163.390 28.106

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 zł27.71 mean?
Modivo (WAR:MDV) has a Cyclically Adjusted Book per Share of zł27.71 as of Apr. 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 Modivo and its competitors.
Is Modivo's Cyclically Adjusted Book per Share too high?
Modivo's current Cyclically Adjusted Book per Share is zł27.71. Overall, Modivo has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modivo's Cyclically Adjusted Book per Share compare to TJX and ROST?
Modivo's Cyclically Adjusted Book per Share of zł27.71 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Modivo and its competitors. Modivo's current Cyclically Adjusted Book per Share is zł27.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modivo stock overvalued right now?
Based on GuruFocus' analysis, Modivo (WAR:MDV) is currently considered Modestly Undervalued. The stock's GF Value™ is zł131.24, compared to a current price of zł101.45 — trading 22.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł27.71. Modivo's overall GF Score™ is 73/100 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 Modivo (WAR:MDV), the current Cyclically Adjusted Book per Share is zł27.71 as of Apr. 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 Modivo (WAR:MDV) Overvalued in 2026?

Based on GuruFocus' analysis, Modivo stock appears to be undervalued. The current stock price of zł101.45 is trading 22.7% below its estimated GF Value™ of zł131.24. GuruFocus considers Modivo to be Modestly Undervalued.

Key valuation signals for WAR:MDV:

  • Cyclically Adjusted Book per Share: zł27.71
  • GF Value™: zł131.24 vs. price of zł101.45 (22.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Modivo Business Description

Other Exchanges 6RK:Germany
Address ul. Strefowa 6, Polkowice, POL, 59-101
Modivo SA business activities are concentrated in the retail, digital, and wholesale segments and include the wholesale and retail trade of clothing and footwear. Its operating segments include CCC, which generates the majority of revenue and includes sales through websites, offline retail stores, distribution, and wholesale operations, as well as HalfPrice and MODIVO (MODIVO and eobuwie). The Company's business lines include CCC, eobuwie, MODIVO, HalfPrice, worldbox, Boardriders, Warsaw Sneaker Store, SK Store, and Sklep Biegacza.
73GF Score

Get the complete analysis for WAR:MDV

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

zł101.45
Price
zł131.24
GF Value