Mostostal Warszawa (WAR:MSW) Cyclically Adjusted Book per Share: zł5.93 (As of Mar. 2026)


WAR:MSW Mostostal Warszawa SA WAR:MSW
52 GF Score
Price zł3.73
GF Value zł5.13
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Mostostal Warszawa Cyclically Adjusted Book per Share?

Mostostal Warszawa WAR:MSW -2.36% 52 Cyclically Adjusted Book per Share is zł5.93 as of Mar. 2026. GuruFocus rates WAR:MSW with a GF Score™ of 52/100 and a GF Value™ of zł5.13 (Modestly Undervalued). 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.

Mostostal Warszawa's adjusted book value per share for the three months ended in Mar. 2026 was zł-2.099. 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 zł5.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mostostal Warszawa's average Cyclically Adjusted Book Growth Rate was -16.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.20% 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 Mostostal Warszawa was -4.40% per year. The lowest was -10.80% per year. And the median was -8.70% per year.

As of today (2026-07-02), Mostostal Warszawa's current stock price is zł3.73. Mostostal Warszawa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł5.93. Mostostal Warszawa's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mostostal Warszawa was 1.28. The lowest was 0.15. And the median was 0.72.


Mostostal Warszawa  (WAR:MSW) 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.

Mostostal Warszawa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.73/5.93
=0.63

* 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 Mostostal Warszawa was 1.28. The lowest was 0.15. 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.


Mostostal Warszawa Cyclically Adjusted Book per Share Related Terms


Mostostal Warszawa Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mostostal Warszawa'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.

Mostostal Warszawa Cyclically Adjusted Book per Share Chart

Mostostal Warszawa 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 8.50 8.39 7.88 7.27 6.40

Mostostal Warszawa 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 7.13 6.90 6.64 6.40 5.93

WAR:MSW vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Mostostal Warszawa'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.


Mostostal Warszawa Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Mostostal Warszawa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:MSW
52GF Score
Mostostal Warszawa SA WAR:MSW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mostostal Warszawa 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, Mostostal Warszawa'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)
=-2.099/158.3232*158.3232
=-2.099

Current CPI (Mar. 2026) = 158.3232.

Mostostal Warszawa Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.703 99.552 17.022
201609 11.382 99.064 18.191
201612 6.121 100.366 9.656
201703 11.504 101.018 18.030
201706 11.830 101.180 18.511
201709 11.378 101.343 17.775
201712 4.244 102.564 6.551
201803 6.161 102.564 9.510
201806 5.066 103.378 7.759
201809 4.839 103.378 7.411
201812 2.041 103.785 3.114
201903 4.091 104.274 6.212
201906 3.649 105.983 5.451
201909 3.357 105.983 5.015
201912 2.007 107.123 2.966
202003 1.642 109.076 2.383
202006 1.828 109.402 2.645
202009 2.017 109.320 2.921
202012 2.155 109.565 3.114
202103 2.241 112.658 3.149
202106 2.787 113.960 3.872
202109 2.728 115.588 3.737
202112 2.917 119.088 3.878
202203 2.952 125.031 3.738
202206 2.890 131.705 3.474
202209 3.461 135.531 4.043
202212 3.823 139.113 4.351
202303 3.861 145.950 4.188
202306 4.058 147.009 4.370
202309 4.180 146.113 4.529
202312 4.911 147.741 5.263
202403 4.716 149.044 5.010
202406 3.735 150.997 3.916
202409 4.368 153.439 4.507
202412 3.551 154.660 3.635
202503 3.565 157.021 3.595
202506 3.618 157.509 3.637
202509 3.686 157.998 3.694
202512 -1.607 158.323 -1.607
202603 -2.099 158.323 -2.099

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 zł5.93 mean?
Mostostal Warszawa (WAR:MSW) has a Cyclically Adjusted Book per Share of zł5.93 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 Mostostal Warszawa and its competitors.
Is Mostostal Warszawa's Cyclically Adjusted Book per Share too high?
Mostostal Warszawa's current Cyclically Adjusted Book per Share is zł5.93. Overall, Mostostal Warszawa has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mostostal Warszawa's Cyclically Adjusted Book per Share compare to PWR and FIX?
Mostostal Warszawa's Cyclically Adjusted Book per Share of zł5.93 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Mostostal Warszawa and its competitors. Mostostal Warszawa's current Cyclically Adjusted Book per Share is zł5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mostostal Warszawa stock overvalued right now?
Based on GuruFocus' analysis, Mostostal Warszawa (WAR:MSW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł5.13, compared to a current price of zł3.73 — trading 27.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł5.93. Mostostal Warszawa's overall GF Score™ is 52/100 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 Mostostal Warszawa (WAR:MSW), the current Cyclically Adjusted Book per Share is zł5.93 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 Mostostal Warszawa (WAR:MSW) Overvalued in 2026?

Based on GuruFocus' analysis, Mostostal Warszawa stock appears to be undervalued. The current stock price of zł3.73 is trading 27.3% below its estimated GF Value™ of zł5.13. GuruFocus considers Mostostal Warszawa to be Modestly Undervalued.

Key valuation signals for WAR:MSW:

  • Cyclically Adjusted Book per Share: zł5.93
  • GF Value™: zł5.13 vs. price of zł3.73 (27.3% below fair value)
  • GF Score™: 52/100 with 6 warning signs

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


Mostostal Warszawa Business Description

Address Ul. Konstruktorska 12A, Warszawa, POL, 02-673
Mostostal Warszawa SA is a Poland based construction company. It operates as the general contractor and undertakes construction activities in the areas of general, industrial, environmental, energy, infrastructural and road. General construction includes commercial construction like residential buildings and housing developments, office facilities, public buildings, production halls, and warehouses. Industrial construction encompasses the development of large-scale industrial projects. Infrastructural and road construction consists of the construction of bridges, overpasses, multi-level crossings and underground structures. Environmental construction consists of the execution and supply of equipment related to environmental protection, including turnkey energy facilities.
52GF Score

Get the complete analysis for WAR:MSW

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

zł3.73
Price
zł5.13
GF Value