PMPG Polskie Media (WAR:PGM) Cyclically Adjusted Book per Share: zł3.87 (As of Mar. 2026)

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WAR:PGM PMPG Polskie Media SA WAR:PGM
74 GF Score
Price zł2.08
GF Value zł2.09
Valuation Fairly Valued
! 3 Warning Signs
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What is PMPG Polskie Media Cyclically Adjusted Book per Share?

PMPG Polskie Media WAR:PGM +3.48% 74 Cyclically Adjusted Book per Share is zł3.87 as of Mar. 2026. GuruFocus rates WAR:PGM with a GF Score™ of 74/100 and a GF Value™ of zł2.09 (Fairly Valued). The stock has 3 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.

PMPG Polskie Media's adjusted book value per share for the three months ended in Mar. 2026 was zł2.079. 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 zł3.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PMPG Polskie Media's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 PMPG Polskie Media was 10.90% per year. The lowest was 10.80% per year. And the median was 10.85% per year.

As of today (2026-07-18), PMPG Polskie Media's current stock price is zł2.08. PMPG Polskie Media's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł3.87. PMPG Polskie Media's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PMPG Polskie Media was 2.14. The lowest was 0.41. And the median was 0.85.


PMPG Polskie Media  (WAR:PGM) 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.

PMPG Polskie Media's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.08/3.87
=0.54

* 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 PMPG Polskie Media was 2.14. The lowest was 0.41. And the median was 0.85.


Be Aware

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


PMPG Polskie Media Cyclically Adjusted Book per Share Related Terms


PMPG Polskie Media Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PMPG Polskie Media'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.

PMPG Polskie Media Cyclically Adjusted Book per Share Chart

PMPG Polskie Media Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 2.81 3.32 3.67 3.83

PMPG Polskie Media 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 3.88 3.86 3.85 3.81 3.87

WAR:PGM vs NYT, WLY: Cyclically Adjusted Book per Share Comparison

For the Publishing subindustry, PMPG Polskie Media'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.


PMPG Polskie Media Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PMPG Polskie Media's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:PGM
74GF Score
PMPG Polskie Media SA WAR:PGM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PMPG Polskie Media 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, PMPG Polskie Media'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)
=2.079/163.0700*163.0700
=2.079

Current CPI (Mar. 2026) = 163.0700.

PMPG Polskie Media Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.772 99.552 4.541
201609 2.910 99.064 4.790
201612 3.279 100.366 5.328
201703 3.399 101.018 5.487
201706 3.379 101.180 5.446
201709 3.578 101.343 5.757
201712 2.728 102.564 4.337
201803 2.953 102.564 4.695
201806 3.146 103.378 4.963
201809 3.146 103.378 4.963
201812 2.986 103.785 4.692
201903 2.855 104.274 4.465
201906 2.870 105.983 4.416
201909 3.019 105.983 4.645
201912 1.910 107.123 2.908
202003 1.895 109.076 2.833
202006 1.973 109.402 2.941
202009 2.133 109.320 3.182
202012 2.386 109.565 3.551
202103 2.576 112.658 3.729
202106 2.823 113.960 4.040
202109 2.901 115.588 4.093
202112 2.764 119.088 3.785
202203 2.820 125.031 3.678
202206 3.003 131.705 3.718
202209 3.097 135.531 3.726
202212 3.202 139.113 3.753
202303 3.274 145.950 3.658
202306 3.304 147.009 3.665
202309 3.679 146.113 4.106
202312 3.458 147.741 3.817
202403 3.337 149.044 3.651
202406 3.118 150.997 3.367
202409 2.921 153.439 3.104
202412 2.641 154.660 2.785
202503 2.593 157.021 2.693
202506 2.434 157.509 2.520
202509 2.561 158.000 2.643
202512 2.155 158.320 2.220
202603 2.079 163.070 2.079

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 zł3.87 mean?
PMPG Polskie Media (WAR:PGM) has a Cyclically Adjusted Book per Share of zł3.87 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 PMPG Polskie Media and its competitors.
Is PMPG Polskie Media's Cyclically Adjusted Book per Share too high?
PMPG Polskie Media's current Cyclically Adjusted Book per Share is zł3.87. Overall, PMPG Polskie Media has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PMPG Polskie Media's Cyclically Adjusted Book per Share compare to NYT and WLY?
PMPG Polskie Media's Cyclically Adjusted Book per Share of zł3.87 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 PMPG Polskie Media and its competitors. PMPG Polskie Media's current Cyclically Adjusted Book per Share is zł3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PMPG Polskie Media stock overvalued right now?
Based on GuruFocus' analysis, PMPG Polskie Media (WAR:PGM) is currently considered Fairly Valued. The stock's GF Value™ is zł2.09, compared to a current price of zł2.08 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł3.87. PMPG Polskie Media's overall GF Score™ is 74/100 with 3 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 PMPG Polskie Media (WAR:PGM), the current Cyclically Adjusted Book per Share is zł3.87 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 PMPG Polskie Media (WAR:PGM) Overvalued in 2026?

Based on GuruFocus' analysis, PMPG Polskie Media stock appears to be undervalued. The current stock price of zł2.08 is trading 0.5% below its estimated GF Value™ of zł2.09. GuruFocus considers PMPG Polskie Media to be Fairly Valued.

Key valuation signals for WAR:PGM:

  • Cyclically Adjusted Book per Share: zł3.87
  • GF Value™: zł2.09 vs. price of zł2.08 (0.5% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


PMPG Polskie Media Business Description

Address Al. Jerozolimskie 212, Batory Office Building II, Warszawa, POL, 02-486
PMPG Polskie Media SA a Poland based company which operates in the traditional and new media markets. It publishes WPROST, a weekly magazine; and Tygodnik Do Reczy and Historia Do Rzeczy magazines. The company also publishes books, newspapers, and periodicals, as well as provides advertising services.
74GF Score

Get the complete analysis for WAR:PGM

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

zł2.08
Price
zł2.09
GF Value