Rafamet (WAR:RAF) Cyclically Adjusted Book per Share: zł25.69 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:RAF Rafamet SA WAR:RAF
50 GF Score
Price zł49.10
GF Value zł5.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Rafamet Cyclically Adjusted Book per Share?

Rafamet WAR:RAF -0.41% 50 Cyclically Adjusted Book per Share is zł25.69 as of Mar. 2026. GuruFocus rates WAR:RAF with a GF Score™ of 50/100 and a GF Value™ of zł5.80 (Significantly 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.

Rafamet's adjusted book value per share for the three months ended in Mar. 2026 was zł3.831. 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 zł25.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rafamet's average Cyclically Adjusted Book Growth Rate was -6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Rafamet was 7.40% per year. The lowest was -2.60% per year. And the median was 4.30% per year.

As of today (2026-08-01), Rafamet's current stock price is zł49.10. Rafamet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł25.69. Rafamet's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rafamet was 4.67. The lowest was 0.31. And the median was 0.61.


Rafamet  (WAR:RAF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.10/25.69
=1.91

* 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 Rafamet was 4.67. The lowest was 0.31. And the median was 0.61.


Be Aware

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


Rafamet Cyclically Adjusted Book per Share Related Terms


Rafamet Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rafamet'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.

Rafamet Cyclically Adjusted Book per Share Chart

Rafamet 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 24.48 27.87 28.32 27.81 25.72

Rafamet 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 27.60 27.01 26.38 25.72 25.69

WAR:RAF vs SNA, RBC, SWK: Cyclically Adjusted Book per Share Comparison

For the Tools & Accessories subindustry, Rafamet'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.


Rafamet Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rafamet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:RAF
50GF Score
Rafamet SA WAR:RAF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafamet 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, Rafamet'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)
=3.831/163.0700*163.0700
=3.831

Current CPI (Mar. 2026) = 163.0700.

Rafamet Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.460 99.552 35.152
201609 21.583 99.064 35.528
201612 22.022 100.366 35.780
201703 21.803 101.018 35.196
201706 21.339 101.180 34.392
201709 21.754 101.343 35.004
201712 21.815 102.564 34.684
201803 21.927 102.564 34.862
201806 21.449 103.378 33.834
201809 21.467 103.378 33.862
201812 21.790 103.785 34.237
201903 21.835 104.274 34.147
201906 21.486 105.983 33.059
201909 21.554 105.983 33.164
201912 21.986 107.123 33.469
202003 21.797 109.076 32.587
202006 21.306 109.402 31.758
202009 21.638 109.320 32.277
202012 21.326 109.565 31.740
202103 21.451 112.658 31.050
202106 20.784 113.960 29.741
202109 20.893 115.588 29.476
202112 21.310 119.088 29.180
202203 20.962 125.031 27.340
202206 20.742 131.705 25.682
202209 20.160 135.531 24.256
202212 19.633 139.113 23.014
202303 18.626 145.950 20.811
202306 17.882 147.009 19.836
202309 18.262 146.113 20.381
202312 16.741 147.741 18.478
202403 17.047 149.044 18.651
202406 15.356 150.997 16.584
202409 14.085 153.439 14.969
202412 5.776 154.660 6.090
202503 7.522 157.021 7.812
202506 5.227 157.509 5.412
202509 4.837 158.000 4.992
202512 5.299 158.320 5.458
202603 3.831 163.070 3.831

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 zł25.69 mean?
Rafamet (WAR:RAF) has a Cyclically Adjusted Book per Share of zł25.69 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 Rafamet and its competitors.
Is Rafamet's Cyclically Adjusted Book per Share too high?
Rafamet's current Cyclically Adjusted Book per Share is zł25.69. Overall, Rafamet has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rafamet's Cyclically Adjusted Book per Share compare to SNA and RBC?
Rafamet's Cyclically Adjusted Book per Share of zł25.69 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Rafamet and its competitors. Rafamet's current Cyclically Adjusted Book per Share is zł25.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafamet stock overvalued right now?
Based on GuruFocus' analysis, Rafamet (WAR:RAF) is currently considered Significantly Overvalued. The stock's GF Value™ is zł5.80, compared to a current price of zł49.10 — trading 746.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł25.69. Rafamet's overall GF Score™ is 50/100 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 Rafamet (WAR:RAF), the current Cyclically Adjusted Book per Share is zł25.69 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 Rafamet (WAR:RAF) Overvalued in 2026?

Based on GuruFocus' analysis, Rafamet stock appears to be overvalued. The current stock price of zł49.10 is trading 746.6% above its estimated GF Value™ of zł5.80. GuruFocus considers Rafamet to be Significantly Overvalued.

Key valuation signals for WAR:RAF:

  • Cyclically Adjusted Book per Share: zł25.69
  • GF Value™: zł5.80 vs. price of zł49.10 (746.6% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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


Rafamet Business Description

Address Street Staszica 1, Kuznia Raciborska, POL, 47-420
Rafamet SA is involved in manufacturing and selling special-purpose machine tools for wheelset machining globally. It offers vertical turning and horizontal lathes, horizontal drilling machines, milling machines, horizontal boring machines, and castings. It is a supplier of heavy-duty special-purpose machine tools for customers in the machine-building, power generation, shipbuilding, metallurgical, aerospace, and defense industries.
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Get the complete analysis for WAR:RAF

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

zł49.10
Price
zł5.80
GF Value