Grupa Azoty (FRA:5PL) Cyclically Adjusted PB Ratio: 0.22 (As of Jul. 15, 2026) — 46% Below Median

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FRA:5PL Grupa Azoty SA FRA:5PL
67 GF Score
Price €4.27
GF Value €4.42
Valuation Fairly Valued
! 6 Warning Signs
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What is Grupa Azoty Cyclically Adjusted PB Ratio?

Grupa Azoty FRA:5PL +3.44% 67 Cyclically Adjusted PB Ratio is 0.22 as of Jul. 15, 2026, which is 46% below its 10-year median of 0.41. GuruFocus rates FRA:5PL with a GF Score™ of 67/100 and a GF Value™ of €4.42 (Fairly Valued). The stock has 6 warning signs investors should review. Among 200 Agriculture companies, Grupa Azoty ranks better than 95.5% on this metric.

As of today (2026-07-15), Grupa Azoty's current share price is €4.268. Grupa Azoty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €19.38. Grupa Azoty's Cyclically Adjusted PB Ratio for today is 0.22.

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

FRA:5PL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.41   Max: 0.82
Current: 0.21

During the past years, Grupa Azoty's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.18. And the median was 0.41.

FRA:5PL's Cyclically Adjusted PB Ratio is ranked better than
95.5% of 200 companies
in the Agriculture industry
Industry Median: 1.39 vs FRA:5PL: 0.21

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.

Grupa Azoty's adjusted book value per share data for the three months ended in Mar. 2026 was €0.810. 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 €19.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupa Azoty  (FRA:5PL) 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.


Grupa Azoty Cyclically Adjusted PB Ratio Related Terms


Grupa Azoty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupa Azoty'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.

Grupa Azoty Cyclically Adjusted PB Ratio Chart

Grupa Azoty 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 0.45 0.44 0.26 0.20 0.20

Grupa Azoty 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 0.21 0.25 0.20 0.20 0.21

FRA:5PL vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Grupa Azoty'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.


Grupa Azoty Cyclically Adjusted PB Ratio vs Agriculture Industry

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

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


FRA:5PL
67GF Score
Grupa Azoty SA FRA:5PL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupa Azoty 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.

Grupa Azoty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.268/19.38
=0.22

* 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.

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

For example, Grupa Azoty'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)
=0.81/163.0700*163.0700
=0.810

Current CPI (Mar. 2026) = 163.0700.

Grupa Azoty Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.319 99.552 25.093
201609 15.324 99.064 25.225
201612 15.020 100.366 24.404
201703 15.761 101.018 25.443
201706 15.687 101.180 25.282
201709 15.830 101.343 25.472
201712 15.934 102.564 25.334
201803 16.310 102.564 25.932
201806 15.831 103.378 24.972
201809 15.610 103.378 24.623
201812 15.578 103.785 24.477
201903 16.250 104.274 25.413
201906 16.389 105.983 25.217
201909 16.528 105.983 25.431
201912 16.354 107.123 24.895
202003 16.779 109.076 25.085
202006 16.760 109.402 24.982
202009 16.845 109.320 25.127
202012 17.057 109.565 25.387
202103 17.254 112.658 24.975
202106 17.540 113.960 25.099
202109 17.605 115.588 24.837
202112 18.458 119.088 25.275
202203 20.836 125.031 27.175
202206 22.723 131.705 28.134
202209 22.817 135.531 27.453
202212 20.766 139.113 24.342
202303 19.511 145.950 21.800
202306 18.181 147.009 20.167
202309 16.770 146.113 18.716
202312 13.832 147.741 15.267
202403 13.212 149.044 14.455
202406 12.235 150.997 13.213
202409 11.567 153.439 12.293
202412 11.244 154.660 11.855
202503 10.533 157.021 10.939
202506 9.328 157.509 9.657
202509 9.002 158.000 9.291
202512 1.133 158.320 1.167
202603 0.810 163.070 0.810

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 0.22 mean?
Grupa Azoty (FRA:5PL) has a Cyclically Adjusted PB Ratio of 0.22 as of Jul. 15, 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 Grupa Azoty and its competitors. This is 46% below median its historical median of 0.41. Over the past decade, Grupa Azoty's Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.82. According to the industry distribution chart, Grupa Azoty ranks #9 out of 200 companies in the Agriculture industry, placing it in the top 4.5%.
Is Grupa Azoty's Cyclically Adjusted PB Ratio too high?
Grupa Azoty's current Cyclically Adjusted PB Ratio of 0.22 is 46% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.82. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.39. Grupa Azoty's value of 0.22 is 84.2% below this industry median. Based on the distribution chart, Grupa Azoty ranks #9 out of 200 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Grupa Azoty has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupa Azoty's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Grupa Azoty ranks #9 out of 200 companies for Cyclically Adjusted PB Ratio. This places Grupa Azoty in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.39. Grupa Azoty's value of 0.22 is 84.2% below this benchmark. Historically, Grupa Azoty's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.82 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.39, Grupa Azoty 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.39, based on 200 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. Grupa Azoty's current Cyclically Adjusted PB Ratio of 0.22 is 84.2% 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 Grupa Azoty and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupa Azoty's current Cyclically Adjusted PB Ratio is 0.22, which is 46% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupa Azoty stock overvalued right now?
Based on GuruFocus' analysis, Grupa Azoty (FRA:5PL) is currently considered Fairly Valued. The stock's GF Value™ is €4.42, compared to a current price of €4.27 — trading 3.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.22, which is 46% below median its 10-year median of 0.41 and 84.2% below the Agriculture industry median of 1.39. Grupa Azoty's overall GF Score™ is 67/100 with 6 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 Grupa Azoty (FRA:5PL), the current Cyclically Adjusted PB Ratio is 0.22 as of Jul. 15, 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 Grupa Azoty (FRA:5PL) Overvalued in 2026?

Based on GuruFocus' analysis, Grupa Azoty stock appears to be undervalued. The current stock price of €4.27 is trading 3.4% below its estimated GF Value™ of €4.42. GuruFocus considers Grupa Azoty to be Fairly Valued.

Key valuation signals for FRA:5PL:

  • Cyclically Adjusted PB Ratio: 0.22 (46% below median its 10-year median of 0.41)
  • GF Value™: €4.42 vs. price of €4.27 (3.4% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 84.2% below the Agriculture median (#9 of 200)

No single metric tells the full story. See the FRA:5PL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupa Azoty Business Description

Other Exchanges ATT:Poland
Address ul. Kwiatkowskiego 8, Tarnow, POL, 33-101
Grupa Azoty SA is a holding company, which through its subsidiaries, produces and sells chemicals, plastics, fertilizers, titanium, and extracts sulfur products. The firm organizes itself into five segments based on the product type. The Agro fertilizer segment, which generates the majority of revenue, sells fertilizers and agrochemicals. The Plastics segment sells a variety of plastic products to the automotive, construction, food, and textile industries. The Energy segment produces and sells electricity. The Chemicals segment sells oxo alcohols and other chemicals and its other segment comprises activities such as laboratory services, property rental, and other activities.
67GF Score

Get the complete analysis for FRA:5PL

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

€4.27
Price
€4.42
GF Value