PlayWay (WAR:PLW) Cyclically Adjusted Book per Share: zł49.65 (As of Mar. 2026)


WAR:PLW PlayWay SA WAR:PLW
87 GF Score
Price zł245.50
GF Value zł325.38
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is PlayWay Cyclically Adjusted Book per Share?

PlayWay WAR:PLW 87 Cyclically Adjusted Book per Share is zł49.65 as of Mar. 2026. GuruFocus rates WAR:PLW with a GF Score™ of 87/100 and a GF Value™ of zł325.38 (Modestly Undervalued). The stock has 7 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.

PlayWay's adjusted book value per share for the three months ended in Mar. 2026 was zł58.377. 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 zł49.65 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 (2026-07-01), PlayWay's current stock price is zł245.50. PlayWay's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł49.65. PlayWay's Cyclically Adjusted PB Ratio of today is 4.94.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of PlayWay was 6.69. The lowest was 4.76. And the median was 5.40.


PlayWay  (WAR:PLW) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=245.50/49.65
=4.94

* 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 10 years, the highest Cyclically Adjusted PB Ratio of PlayWay was 6.69. The lowest was 4.76. And the median was 5.40.


Be Aware

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


PlayWay Cyclically Adjusted Book per Share Related Terms


PlayWay Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PlayWay'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.

PlayWay Cyclically Adjusted Book per Share Chart

PlayWay 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 0.00 0.00 0.00 0.00 0.00

PlayWay Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 47.81 48.11 49.65

WAR:PLW vs NTES, EA, TTWO: Cyclically Adjusted Book per Share Comparison

For the Electronic Gaming & Multimedia subindustry, PlayWay'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.


PlayWay Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PlayWay's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:PLW
87GF Score
PlayWay SA WAR:PLW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PlayWay 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, PlayWay'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)
=58.377/158.3232*158.3232
=58.377

Current CPI (Mar. 2026) = 158.3232.

PlayWay Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.000 98.983 0.000
201606 0.000 99.552 0.000
201609 3.028 99.064 4.839
201612 7.301 100.366 11.517
201703 7.584 101.018 11.886
201706 7.830 101.180 12.252
201709 9.124 101.343 14.254
201712 9.802 102.564 15.131
201803 11.922 102.564 18.403
201806 12.020 103.378 18.409
201809 13.090 103.378 20.047
201812 14.756 103.785 22.510
201903 16.894 104.274 25.651
201906 19.437 105.983 29.036
201909 20.999 105.983 31.369
201912 26.517 107.123 39.191
202003 29.971 109.076 43.503
202006 41.133 109.402 59.527
202009 46.752 109.320 67.709
202012 53.999 109.565 78.030
202103 58.060 112.658 81.594
202106 51.239 113.960 71.186
202109 58.146 115.588 79.644
202112 66.562 119.088 88.492
202203 71.459 125.031 90.487
202206 57.956 131.705 69.669
202209 63.761 135.531 74.484
202212 63.680 139.113 72.474
202303 68.294 145.950 74.084
202306 54.019 147.009 58.177
202309 58.397 146.113 63.277
202312 60.907 147.741 65.270
202403 66.162 149.044 70.281
202406 50.509 150.997 52.960
202409 56.619 153.439 58.421
202412 62.343 154.660 63.820
202503 66.838 157.021 67.392
202506 49.335 157.509 49.590
202509 53.604 157.998 53.714
202603 58.377 158.323 58.377

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 zł49.65 mean?
PlayWay (WAR:PLW) has a Cyclically Adjusted Book per Share of zł49.65 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 PlayWay and its competitors.
Is PlayWay's Cyclically Adjusted Book per Share too high?
PlayWay's current Cyclically Adjusted Book per Share is zł49.65. Overall, PlayWay has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PlayWay's Cyclically Adjusted Book per Share compare to NTES and EA?
PlayWay's Cyclically Adjusted Book per Share of zł49.65 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media 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 PlayWay and its competitors. PlayWay's current Cyclically Adjusted Book per Share is zł49.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlayWay stock overvalued right now?
Based on GuruFocus' analysis, PlayWay (WAR:PLW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł325.38, compared to a current price of zł245.50 — trading 24.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł49.65. PlayWay's overall GF Score™ is 87/100 with 7 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 PlayWay (WAR:PLW), the current Cyclically Adjusted Book per Share is zł49.65 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 PlayWay (WAR:PLW) Overvalued in 2026?

Based on GuruFocus' analysis, PlayWay stock appears to be undervalued. The current stock price of zł245.50 is trading 24.5% below its estimated GF Value™ of zł325.38. GuruFocus considers PlayWay to be Modestly Undervalued.

Key valuation signals for WAR:PLW:

  • Cyclically Adjusted Book per Share: zł49.65
  • GF Value™: zł325.38 vs. price of zł245.50 (24.5% below fair value)
  • GF Score™: 87/100 with 7 warning signs

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


PlayWay Business Description

Other Exchanges 6P5:Germany
Address ul. Minsk, 69, Warsaw, POL, 03-828
PlayWay SA is a producer and publisher of computer and mobile games in Poland. The company provides with various games including Out of Reach: Treasure Royale, Car Manufacture, Schizm 3: Nemezis And Split among others.
87GF Score

Get the complete analysis for WAR:PLW

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

zł245.50
Price
zł325.38
GF Value