Stalprodukt (FRA:0WB) Cyclically Adjusted PB Ratio: 0.28 (As of Jul. 28, 2026) — 51% Below Median

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FRA:0WB Stalprodukt SA FRA:0WB
78 GF Score
Price €47.40
GF Value €50.40
! 3 Warning Signs
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What is Stalprodukt Cyclically Adjusted PB Ratio?

Stalprodukt FRA:0WB 78 Cyclically Adjusted PB Ratio is 0.28 as of Jul. 28, 2026, which is 51% below its 10-year median of 0.57. GuruFocus rates FRA:0WB with a GF Score™ of 78/100 and a GF Value™ of €50.40. The stock has 3 warning signs investors should review. Among 510 Steel companies, Stalprodukt ranks better than 85.29% on this metric.

As of today (2026-07-28), Stalprodukt's current share price is €47.40. Stalprodukt's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €168.73. Stalprodukt's Cyclically Adjusted PB Ratio for today is 0.28.

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

FRA:0WB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.57   Max: 2.6
Current: 0.3

During the past years, Stalprodukt's highest Cyclically Adjusted PB Ratio was 2.60. The lowest was 0.29. And the median was 0.57.

FRA:0WB's Cyclically Adjusted PB Ratio is ranked better than
85.29% of 510 companies
in the Steel industry
Industry Median: 0.925 vs FRA:0WB: 0.30

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.

Stalprodukt's adjusted book value per share data for the three months ended in Mar. 2026 was €160.504. 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 €168.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stalprodukt  (FRA:0WB) 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.


Stalprodukt Cyclically Adjusted PB Ratio Related Terms


Stalprodukt Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stalprodukt'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.

Stalprodukt Cyclically Adjusted PB Ratio Chart

Stalprodukt 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 0.63 0.45 0.41 0.35 0.34

Stalprodukt 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 0.39 0.37 0.36 0.34 0.32

FRA:0WB vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Stalprodukt'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.


Stalprodukt Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Stalprodukt's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:0WB
78GF Score
Stalprodukt SA FRA:0WB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Stalprodukt 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.

Stalprodukt's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.40/168.73
=0.28

* 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.

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

For example, Stalprodukt'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)
=160.504/163.0700*163.0700
=160.504

Current CPI (Mar. 2026) = 163.0700.

Stalprodukt Quarterly Data

Book Value per Share CPI Adj_Book
201606 75.340 99.552 123.409
201609 76.304 99.064 125.605
201612 76.001 100.366 123.483
201703 79.701 101.018 128.659
201706 86.184 101.180 138.901
201709 83.998 101.343 135.160
201712 87.839 102.564 139.658
201803 94.196 102.564 149.765
201806 98.033 103.378 154.639
201809 105.695 103.378 166.725
201812 106.192 103.785 166.852
201903 101.105 104.274 158.115
201906 101.933 105.983 156.839
201909 106.322 105.983 163.592
201912 109.524 107.123 166.726
202003 109.622 109.076 163.886
202006 109.607 109.402 163.376
202009 111.851 109.320 166.845
202012 117.902 109.565 175.479
202103 116.641 112.658 168.836
202106 121.295 113.960 173.566
202109 126.523 115.588 178.497
202112 133.102 119.088 182.259
202203 136.259 125.031 177.715
202206 143.278 131.705 177.399
202209 147.680 135.531 177.687
202212 157.506 139.113 184.631
202303 157.958 145.950 176.486
202306 152.637 147.009 169.313
202309 158.364 146.113 176.743
202312 157.449 147.741 173.785
202403 155.404 149.044 170.029
202406 156.382 150.997 168.885
202409 152.859 153.439 162.453
202412 155.241 154.660 163.682
202503 163.817 157.021 170.128
202506 162.441 157.509 168.176
202509 162.307 158.000 167.515
202512 161.446 158.320 166.290
202603 160.504 163.070 160.504

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 0.28 mean?
Stalprodukt (FRA:0WB) has a Cyclically Adjusted PB Ratio of 0.28 as of Jul. 28, 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 Stalprodukt and its competitors. This is 51% below median its historical median of 0.57. Over the past decade, Stalprodukt's Cyclically Adjusted PB Ratio has ranged from 0.29 to 2.60. According to the industry distribution chart, Stalprodukt ranks #75 out of 510 companies in the Steel industry, placing it in the top 14.7%.
Is Stalprodukt's Cyclically Adjusted PB Ratio too high?
Stalprodukt's current Cyclically Adjusted PB Ratio of 0.28 is 51% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.60. The Steel industry median Cyclically Adjusted PB Ratio is 0.93. Stalprodukt's value of 0.28 is 69.7% below this industry median. Based on the distribution chart, Stalprodukt ranks #75 out of 510 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Stalprodukt has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Stalprodukt's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Stalprodukt ranks #75 out of 510 companies for Cyclically Adjusted PB Ratio. This places Stalprodukt in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.93. Stalprodukt's value of 0.28 is 69.7% below this benchmark. Historically, Stalprodukt's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 2.60 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.93, Stalprodukt 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.93, based on 510 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. Stalprodukt's current Cyclically Adjusted PB Ratio of 0.28 is 69.7% 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 Stalprodukt and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stalprodukt's current Cyclically Adjusted PB Ratio is 0.28, which is 51% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stalprodukt stock overvalued right now?
Stalprodukt (FRA:0WB) has a current Cyclically Adjusted PB Ratio of 0.28. The stock's GF Value™ is €50.40, compared to a current price of €47.40 — trading 6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.28, which is 51% below median its 10-year median of 0.57 and 69.7% below the Steel industry median of 0.93. Stalprodukt's overall GF Score™ is 78/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Stalprodukt (FRA:0WB), the current Cyclically Adjusted PB Ratio is 0.28 as of Jul. 28, 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 Stalprodukt (FRA:0WB) Overvalued in 2026?

Based on GuruFocus' analysis, Stalprodukt stock appears to be undervalued. The current stock price of €47.40 is trading 6% below its estimated GF Value™ of €50.40.

Key valuation signals for FRA:0WB:

  • Cyclically Adjusted PB Ratio: 0.28 (51% below median its 10-year median of 0.57)
  • GF Value™: €50.40 vs. price of €47.40 (6% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 69.7% below the Steel median (#75 of 510)

No single metric tells the full story. See the FRA:0WB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stalprodukt Business Description

Other Exchanges STP:Poland
Address ul. Wygoda 69, Bochnia, POL, 32-700
Stalprodukt SA is a Poland-based company that is primarily engaged in manufacturing and marketing of steel products. The company operates through three segments. Its electrical sheets segment manufactures electrical sheets, strips, and toroidal cores. Its profiles segment produces cold formed profiles, road safety barriers and others. Its zinc segment manufactures zinc and zinc alloys, lead, flotation galena, and others. The company owns a proprietary distribution network of metallurgical products, which consists of wholesale warehouses and offices in several cities in the territory of Poland. The company sells its products both in the home market and abroad.
78GF Score

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

€47.40
Price
€50.40
GF Value