CYFWY (Cyfrowy Polsat) Cyclically Adjusted PB Ratio: 0.34 (As of Aug. 19, 2026) — 56% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

CYFWY Cyfrowy Polsat SA CYFWY
84 GF Score
Price $16.16
GF Value $13.38
! 10 Warning Signs
View Full Analysis

What is Cyfrowy Polsat Cyclically Adjusted PB Ratio?

Cyfrowy Polsat CYFWY 84 Cyclically Adjusted PB Ratio is 0.34 as of Aug. 19, 2026, which is 56% below its 10-year median of 0.78. GuruFocus rates CYFWY with a GF Score™ of 84/100 and a GF Value™ of $13.38. The stock has 10 warning signs investors should review. Among 687 Media - Diversified companies, Cyfrowy Polsat ranks better than 72.78% on this metric.

As of today (2026-08-19), Cyfrowy Polsat's current share price is $16.16. Cyfrowy Polsat's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $47.98. Cyfrowy Polsat's Cyclically Adjusted PB Ratio for today is 0.34.

The historical rank and industry rank for Cyfrowy Polsat's Cyclically Adjusted PB Ratio or its related term are showing as below:

CYFWY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.78   Max: 1.63
Current: 0.5

During the past years, Cyfrowy Polsat's highest Cyclically Adjusted PB Ratio was 1.63. The lowest was 0.31. And the median was 0.78.

CYFWY's Cyclically Adjusted PB Ratio is ranked better than
72.78% of 687 companies
in the Media - Diversified industry
Industry Median: 0.98 vs CYFWY: 0.50

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.

Cyfrowy Polsat's adjusted book value per share data for the three months ended in Mar. 2026 was $26.822. 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 $47.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cyfrowy Polsat  (OTCPK:CYFWY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cyfrowy Polsat Cyclically Adjusted PB Ratio Related Terms


Cyfrowy Polsat Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cyfrowy Polsat's Cyclically Adjusted PB Ratio 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.

Cyfrowy Polsat Cyclically Adjusted PB Ratio Chart

Cyfrowy Polsat Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 0.59 0.38 0.42 0.36

Cyfrowy Polsat Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.44 0.51 0.41 0.36 0.34

CYFWY vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Cyfrowy Polsat'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.


Cyfrowy Polsat Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


CYFWY
84GF Score
Cyfrowy Polsat SA CYFWY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cyfrowy Polsat Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Cyfrowy Polsat's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.16/47.98
=0.34

* 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.

Cyfrowy Polsat's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cyfrowy Polsat'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)
=26.822/163.0700*163.0700
=26.822

Current CPI (Mar. 2026) = 163.0700.

Cyfrowy Polsat Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.084 99.552 41.088
201609 25.743 99.064 42.376
201612 26.572 100.366 43.173
201703 27.227 101.018 43.952
201706 27.430 101.180 44.208
201709 28.001 101.343 45.056
201712 28.393 102.564 45.143
201803 30.267 102.564 48.122
201806 21.824 103.378 34.425
201809 30.867 103.378 48.690
201812 31.104 103.785 48.871
201903 31.791 104.274 49.717
201906 22.447 105.983 34.538
201909 22.839 105.983 35.141
201912 23.367 107.123 35.571
202003 23.665 109.076 35.379
202006 24.177 109.402 36.037
202009 23.680 109.320 35.323
202012 24.418 109.565 36.342
202103 24.901 112.658 36.044
202106 24.485 113.960 35.037
202109 29.626 115.588 41.796
202112 29.309 119.088 40.133
202203 29.739 125.031 38.787
202206 29.245 131.705 36.209
202209 29.724 135.531 35.764
202212 30.003 139.113 35.170
202303 30.110 145.950 33.642
202306 30.063 147.009 33.348
202309 30.170 146.113 33.671
202312 30.320 147.741 33.466
202403 30.680 149.044 33.567
202406 31.044 150.997 33.526
202409 31.514 153.439 33.492
202412 31.678 154.660 33.401
202503 31.813 157.021 33.039
202506 32.004 157.509 33.134
202509 32.132 158.000 33.163
202512 26.503 158.320 27.298
202603 26.822 163.070 26.822

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 0.34 mean?
Cyfrowy Polsat (CYFWY) has a Cyclically Adjusted PB Ratio of 0.34 as of Aug. 19, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Cyfrowy Polsat and its competitors. This is 56% below median its historical median of 0.78. Over the past decade, Cyfrowy Polsat's Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.63. According to the industry distribution chart, Cyfrowy Polsat ranks #187 out of 687 companies in the Media - Diversified industry, placing it in the top 27.2%.
Is Cyfrowy Polsat's Cyclically Adjusted PB Ratio too high?
Cyfrowy Polsat's current Cyclically Adjusted PB Ratio of 0.34 is 56% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.63. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.98. Cyfrowy Polsat's value of 0.34 is 65.3% below this industry median. Based on the distribution chart, Cyfrowy Polsat ranks #187 out of 687 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Cyfrowy Polsat has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Cyfrowy Polsat's Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Cyfrowy Polsat ranks #187 out of 687 companies for Cyclically Adjusted PB Ratio. This puts Cyfrowy Polsat in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Cyfrowy Polsat's value of 0.34 is 65.3% below this benchmark. Historically, Cyfrowy Polsat's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.63 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.98, Cyfrowy Polsat has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.98, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cyfrowy Polsat's current Cyclically Adjusted PB Ratio of 0.34 is 65.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Cyfrowy Polsat and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyfrowy Polsat's current Cyclically Adjusted PB Ratio is 0.34, which is 56% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyfrowy Polsat stock overvalued right now?
Cyfrowy Polsat (CYFWY) has a current Cyclically Adjusted PB Ratio of 0.34. The stock's GF Value™ is $13.38, compared to a current price of $16.16 — trading 20.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.34, which is 56% below median its 10-year median of 0.78 and 65.3% below the Media - Diversified industry median of 0.98. Cyfrowy Polsat's overall GF Score™ is 84/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Cyfrowy Polsat (CYFWY), the current Cyclically Adjusted PB Ratio is 0.34 as of Aug. 19, 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 Cyfrowy Polsat (CYFWY) Overvalued in 2026?

Based on GuruFocus' analysis, Cyfrowy Polsat stock appears to be overvalued. The current stock price of $16.16 is trading 20.8% above its estimated GF Value™ of $13.38.

Key valuation signals for CYFWY:

  • Cyclically Adjusted PB Ratio: 0.34 (56% below median its 10-year median of 0.78)
  • GF Value™: $13.38 vs. price of $16.16 (20.8% above fair value)
  • GF Score™: 84/100 with 10 warning signs
  • Industry Position: 65.3% below the Media - Diversified median (#187 of 687)

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


Cyfrowy Polsat Business Description

Other Exchanges CPS:PolandCP9:Germany
Address 4a, Lubinowa Street, Warsaw, POL, 03-878
Cyfrowy Polsat SA operates in Poland as a provider of a paid digital satellite platform under the name of Polsat Box and paid digital terrestrial television as well as the telecommunication services provider. The group operates in the following four segments that includes B2C and B2B services segment which relate to the provision of services to the general public, including digital television transmission signal, mobile services, internet access services, mobile TV services, online TV services, and set-top box production, Media segment consists mainly of production, acquisition, and broadcasting of information and entertainment programs, and TV series. Real Estate segment consists construction, sale, rental, and management of own or leased real estate and Green energy segment.
84GF Score

Get the complete analysis for CYFWY

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

$16.16
Price
$13.38
GF Value