Grupa Azoty Zaklady Chemiczne Police (FRA:697) Cyclically Adjusted PB Ratio: 0.46 (As of Jul. 31, 2026) — 39% Below Median

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FRA:697 Grupa Azoty Zaklady Chemiczne Police SA FRA:697
57 GF Score
Price €1.54
GF Value €1.65
! 8 Warning Signs
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What is Grupa Azoty Zaklady Chemiczne Police Cyclically Adjusted PB Ratio?

Grupa Azoty Zaklady Chemiczne Police FRA:697 57 Cyclically Adjusted PB Ratio is 0.46 as of Jul. 31, 2026, which is 39% below its 10-year median of 0.75. GuruFocus rates FRA:697 with a GF Score™ of 57/100 and a GF Value™ of €1.65. The stock has 8 warning signs investors should review. Among 199 Agriculture companies, Grupa Azoty Zaklady Chemiczne Police ranks better than 89.95% on this metric.

As of today (2026-07-31), Grupa Azoty Zaklady Chemiczne Police's current share price is €1.54. Grupa Azoty Zaklady Chemiczne Police's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.38. Grupa Azoty Zaklady Chemiczne Police's Cyclically Adjusted PB Ratio for today is 0.46.

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

FRA:697' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.75   Max: 1.56
Current: 0.45

During the past years, Grupa Azoty Zaklady Chemiczne Police's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.39. And the median was 0.75.

FRA:697's Cyclically Adjusted PB Ratio is ranked better than
89.95% of 199 companies
in the Agriculture industry
Industry Median: 1.35 vs FRA:697: 0.45

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 Zaklady Chemiczne Police's adjusted book value per share data for the three months ended in Mar. 2026 was €-0.403. 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 €3.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupa Azoty Zaklady Chemiczne Police  (FRA:697) 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 Zaklady Chemiczne Police Cyclically Adjusted PB Ratio Related Terms


Grupa Azoty Zaklady Chemiczne Police Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupa Azoty Zaklady Chemiczne Police'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 Zaklady Chemiczne Police Cyclically Adjusted PB Ratio Chart

Grupa Azoty Zaklady Chemiczne Police 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 0.77 0.66 0.69 0.41 0.48

Grupa Azoty Zaklady Chemiczne Police 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 0.54 0.54 0.52 0.48 0.48

FRA:697 vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Grupa Azoty Zaklady Chemiczne Police'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 Zaklady Chemiczne Police Cyclically Adjusted PB Ratio vs Agriculture Industry

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

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


FRA:697
57GF Score
Grupa Azoty Zaklady Chemiczne Police SA FRA:697
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupa Azoty Zaklady Chemiczne Police 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 Zaklady Chemiczne Police's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.54/3.38
=0.46

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

For example, Grupa Azoty Zaklady Chemiczne Police'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)
=-0.403/163.0700*163.0700
=-0.403

Current CPI (Mar. 2026) = 163.0700.

Grupa Azoty Zaklady Chemiczne Police Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.302 99.552 5.409
201609 3.300 99.064 5.432
201612 2.896 100.366 4.705
201703 3.091 101.018 4.990
201706 3.060 101.180 4.932
201709 3.128 101.343 5.033
201712 3.118 102.564 4.957
201803 3.218 102.564 5.116
201806 2.975 103.378 4.693
201809 2.924 103.378 4.612
201812 2.934 103.785 4.610
201903 3.068 104.274 4.798
201906 3.077 105.983 4.734
201909 3.056 105.983 4.702
201912 2.121 107.123 3.229
202003 3.075 109.076 4.597
202006 3.097 109.402 4.616
202009 3.123 109.320 4.658
202012 3.266 109.565 4.861
202103 3.291 112.658 4.764
202106 3.365 113.960 4.815
202109 3.390 115.588 4.783
202112 3.470 119.088 4.752
202203 3.617 125.031 4.717
202206 4.034 131.705 4.995
202209 4.002 135.531 4.815
202212 3.491 139.113 4.092
202303 3.375 145.950 3.771
202306 3.395 147.009 3.766
202309 3.165 146.113 3.532
202312 1.388 147.741 1.532
202403 1.314 149.044 1.438
202406 1.187 150.997 1.282
202409 1.189 153.439 1.264
202412 1.196 154.660 1.261
202503 1.107 157.021 1.150
202506 0.911 157.509 0.943
202509 0.910 158.000 0.939
202512 -0.315 158.320 -0.324
202603 -0.403 163.070 -0.403

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 0.46 mean?
Grupa Azoty Zaklady Chemiczne Police (FRA:697) has a Cyclically Adjusted PB Ratio of 0.46 as of Jul. 31, 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 Zaklady Chemiczne Police and its competitors. This is 39% below median its historical median of 0.75. Over the past decade, Grupa Azoty Zaklady Chemiczne Police's Cyclically Adjusted PB Ratio has ranged from 0.39 to 1.56. According to the industry distribution chart, Grupa Azoty Zaklady Chemiczne Police ranks #20 out of 199 companies in the Agriculture industry, placing it in the top 10.1%.
Is Grupa Azoty Zaklady Chemiczne Police's Cyclically Adjusted PB Ratio too high?
Grupa Azoty Zaklady Chemiczne Police's current Cyclically Adjusted PB Ratio of 0.46 is 39% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.56. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.35. Grupa Azoty Zaklady Chemiczne Police's value of 0.46 is 65.9% below this industry median. Based on the distribution chart, Grupa Azoty Zaklady Chemiczne Police ranks #20 out of 199 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Grupa Azoty Zaklady Chemiczne Police has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Grupa Azoty Zaklady Chemiczne Police's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Grupa Azoty Zaklady Chemiczne Police ranks #20 out of 199 companies for Cyclically Adjusted PB Ratio. This places Grupa Azoty Zaklady Chemiczne Police in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.35. Grupa Azoty Zaklady Chemiczne Police's value of 0.46 is 65.9% below this benchmark. Historically, Grupa Azoty Zaklady Chemiczne Police's own Cyclically Adjusted PB Ratio has ranged from 0.39 to 1.56 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.35, Grupa Azoty Zaklady Chemiczne Police 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 1.35, based on 199 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 Zaklady Chemiczne Police's current Cyclically Adjusted PB Ratio of 0.46 is 65.9% 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 Zaklady Chemiczne Police and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupa Azoty Zaklady Chemiczne Police's current Cyclically Adjusted PB Ratio is 0.46, which is 39% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupa Azoty Zaklady Chemiczne Police stock overvalued right now?
Grupa Azoty Zaklady Chemiczne Police (FRA:697) has a current Cyclically Adjusted PB Ratio of 0.46. The stock's GF Value™ is €1.65, compared to a current price of €1.54 — trading 6.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is 39% below median its 10-year median of 0.75 and 65.9% below the Agriculture industry median of 1.35. Grupa Azoty Zaklady Chemiczne Police's overall GF Score™ is 57/100 with 8 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 Zaklady Chemiczne Police (FRA:697), the current Cyclically Adjusted PB Ratio is 0.46 as of Jul. 31, 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 Zaklady Chemiczne Police (FRA:697) Overvalued in 2026?

Based on GuruFocus' analysis, Grupa Azoty Zaklady Chemiczne Police stock appears to be undervalued. The current stock price of €1.54 is trading 6.7% below its estimated GF Value™ of €1.65.

Key valuation signals for FRA:697:

  • Cyclically Adjusted PB Ratio: 0.46 (39% below median its 10-year median of 0.75)
  • GF Value™: €1.65 vs. price of €1.54 (6.7% below fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 65.9% below the Agriculture median (#20 of 199)

No single metric tells the full story. See the FRA:697 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupa Azoty Zaklady Chemiczne Police Business Description

Other Exchanges PCE:Poland
Address ul Kuznicka 1, Police, POL, 72-010
Grupa Azoty Zaklady Chemiczne Police SA is a Poland based company operating in the chemical industry. Its core business activities include manufacturing and sale of fertilizers, pigments, chemicals, plastics, sulfur, among others. Its product portfolio includes nitrogenous fertilizers, nitrogen fertilizers with sulfur, compound fertilizers, polyethylene tubes, plasticizers, alcohols, catalysts, organic chemicals, inorganic chemicals, liquid sulfur, insoluble sulfur, sulfur pastilles, among others.
57GF Score

Get the complete analysis for FRA:697

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

€1.54
Price
€1.65
GF Value