Triton Development (WAR:TRI) Cyclically Adjusted Book per Share: zł17.83 (As of Mar. 2026)

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WAR:TRI Triton Development SA WAR:TRI
67 GF Score
Price zł3.48
GF Value zł14.34
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Triton Development Cyclically Adjusted Book per Share?

Triton Development WAR:TRI 67 Cyclically Adjusted Book per Share is zł17.83 as of Mar. 2026. GuruFocus rates WAR:TRI with a GF Score™ of 67/100 and a GF Value™ of zł14.34 (Possible Value Trap). 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.

Triton Development's adjusted book value per share for the three months ended in Mar. 2026 was zł13.023. 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 zł17.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Triton Development's average Cyclically Adjusted Book Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 Triton Development was 3.70% per year. The lowest was -1.70% per year. And the median was 2.65% per year.

As of today (2026-07-18), Triton Development's current stock price is zł3.48. Triton Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł17.83. Triton Development's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Triton Development was 0.32. The lowest was 0.09. And the median was 0.20.


Triton Development  (WAR:TRI) 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.

Triton Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.48/17.83
=0.20

* 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 Triton Development was 0.32. The lowest was 0.09. And the median was 0.20.


Be Aware

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


Triton Development Cyclically Adjusted Book per Share Related Terms


Triton Development Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Triton Development'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.

Triton Development Cyclically Adjusted Book per Share Chart

Triton Development 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 16.94 18.50 18.45 18.16 17.55

Triton Development 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 18.15 17.94 17.75 17.55 17.83

WAR:TRI vs DHI, PHM, LEN: Cyclically Adjusted Book per Share Comparison

For the Residential Construction subindustry, Triton Development'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.


Triton Development Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Triton Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:TRI
67GF Score
Triton Development SA WAR:TRI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Triton Development 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, Triton Development'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)
=13.023/163.0700*163.0700
=13.023

Current CPI (Mar. 2026) = 163.0700.

Triton Development Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.671 99.552 22.394
201609 13.342 99.064 21.962
201612 12.588 100.366 20.452
201703 12.339 101.018 19.919
201706 12.102 101.180 19.505
201709 11.906 101.343 19.158
201712 13.342 102.564 21.213
201803 13.783 102.564 21.914
201806 13.878 103.378 21.891
201809 13.962 103.378 22.024
201812 13.971 103.785 21.952
201903 13.938 104.274 21.797
201906 13.789 105.983 21.216
201909 13.802 105.983 21.236
201912 13.683 107.123 20.829
202003 13.577 109.076 20.298
202006 13.566 109.402 20.221
202009 13.562 109.320 20.230
202012 13.233 109.565 19.695
202103 13.108 112.658 18.974
202106 12.985 113.960 18.581
202109 13.153 115.588 18.556
202112 13.394 119.088 18.341
202203 13.253 125.031 17.285
202206 13.444 131.705 16.646
202209 13.410 135.531 16.135
202212 13.382 139.113 15.687
202303 13.197 145.950 14.745
202306 12.991 147.009 14.410
202309 12.825 146.113 14.313
202312 12.674 147.741 13.989
202403 12.487 149.044 13.662
202406 12.203 150.997 13.179
202409 11.974 153.439 12.726
202412 12.355 154.660 13.027
202503 12.232 157.021 12.703
202506 12.060 157.509 12.486
202509 12.928 158.000 13.343
202512 12.959 158.320 13.348
202603 13.023 163.070 13.023

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 zł17.83 mean?
Triton Development (WAR:TRI) has a Cyclically Adjusted Book per Share of zł17.83 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 Triton Development and its competitors.
Is Triton Development's Cyclically Adjusted Book per Share too high?
Triton Development's current Cyclically Adjusted Book per Share is zł17.83. Overall, Triton Development has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Triton Development's Cyclically Adjusted Book per Share compare to DHI and PHM?
Triton Development's Cyclically Adjusted Book per Share of zł17.83 can be compared against companies in the Homebuilding & 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 Homebuilding & Construction company?
A good Cyclically Adjusted Book per Share depends on the Homebuilding & 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 Triton Development and its competitors. Triton Development's current Cyclically Adjusted Book per Share is zł17.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triton Development stock overvalued right now?
Based on GuruFocus' analysis, Triton Development (WAR:TRI) is currently considered Possible Value Trap. The stock's GF Value™ is zł14.34, compared to a current price of zł3.48 — trading 75.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł17.83. Triton Development's overall GF Score™ is 67/100 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 Triton Development (WAR:TRI), the current Cyclically Adjusted Book per Share is zł17.83 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 Triton Development (WAR:TRI) Overvalued in 2026?

Based on GuruFocus' analysis, Triton Development stock appears to be undervalued. The current stock price of zł3.48 is trading 75.7% below its estimated GF Value™ of zł14.34. GuruFocus considers Triton Development to be Possible Value Trap.

Key valuation signals for WAR:TRI:

  • Cyclically Adjusted Book per Share: zł17.83
  • GF Value™: zł14.34 vs. price of zł3.48 (75.7% below fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Triton Development Business Description

Address ul. Grojecka 194, Warszawa, POL, 02-390
Triton Development SA is engaged in the housing construction.market. The company offers flats in multi-family buildings as well as single-family and semi-detached houses. Its investment is in Triton country, Triton Kampinos, french Triton, hotel spa, Triton vineyard, and Triton park.
67GF Score

Get the complete analysis for WAR:TRI

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

zł3.48
Price
zł14.34
GF Value