Przedsiebiorstwo Komunalne AQUA (FRA:9S0) Cyclically Adjusted PB Ratio: 0.35 (As of Aug. 07, 2026) — 13% Below Median

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FRA:9S0 Przedsiebiorstwo Komunalne AQUA SA FRA:9S0
75 GF Score
Price €2.60
GF Value €2.94
! 4 Warning Signs
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What is Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted PB Ratio?

Przedsiebiorstwo Komunalne AQUA FRA:9S0 -1.52% 75 Cyclically Adjusted PB Ratio is 0.35 as of Aug. 07, 2026, which is 13% below its 10-year median of 0.40. GuruFocus rates FRA:9S0 with a GF Score™ of 75/100 and a GF Value™ of €2.94. The stock has 4 warning signs investors should review. Among 437 Utilities - Regulated companies, Przedsiebiorstwo Komunalne AQUA ranks better than 90.16% on this metric.

As of today (2026-08-07), Przedsiebiorstwo Komunalne AQUA's current share price is €2.60. Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.44. Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted PB Ratio for today is 0.35.

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

FRA:9S0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.4   Max: 1.28
Current: 0.34

During the past years, Przedsiebiorstwo Komunalne AQUA's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.29. And the median was 0.40.

FRA:9S0's Cyclically Adjusted PB Ratio is ranked better than
90.16% of 437 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs FRA:9S0: 0.34

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.

Przedsiebiorstwo Komunalne AQUA's adjusted book value per share data for the three months ended in Mar. 2026 was €7.296. 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 €7.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Przedsiebiorstwo Komunalne AQUA  (FRA:9S0) 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.


Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted PB Ratio Related Terms


Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Przedsiebiorstwo Komunalne AQUA'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.

Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted PB Ratio Chart

Przedsiebiorstwo Komunalne AQUA 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 0.61 0.39 0.41 0.35 0.37

Przedsiebiorstwo Komunalne AQUA 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 0.37 0.36 0.36 0.37 0.29

FRA:9S0 vs AWK, WTRG, AWR: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Water subindustry, Przedsiebiorstwo Komunalne AQUA'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.


Przedsiebiorstwo Komunalne AQUA Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:9S0
75GF Score
Przedsiebiorstwo Komunalne AQUA SA FRA:9S0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Przedsiebiorstwo Komunalne AQUA 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.

Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.60/7.44
=0.35

* 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.

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

For example, Przedsiebiorstwo Komunalne AQUA'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)
=7.296/163.0700*163.0700
=7.296

Current CPI (Mar. 2026) = 163.0700.

Przedsiebiorstwo Komunalne AQUA Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.286 99.552 10.297
201609 6.351 99.064 10.454
201612 6.369 100.366 10.348
201703 6.441 101.018 10.398
201706 0.000 101.180 0.000
201709 6.360 101.343 10.234
201712 6.345 102.564 10.088
201803 6.429 102.564 10.222
201806 6.320 103.378 9.969
201809 6.410 103.378 10.111
201812 6.379 103.785 10.023
201903 6.464 104.274 10.109
201906 6.323 105.983 9.729
201909 6.392 105.983 9.835
201912 6.386 107.123 9.721
202003 6.418 109.076 9.595
202006 6.273 109.402 9.350
202009 6.313 109.320 9.417
202012 6.411 109.565 9.542
202103 6.441 112.658 9.323
202106 6.465 113.960 9.251
202109 6.517 115.588 9.194
202112 6.539 119.088 8.954
202203 6.565 125.031 8.562
202206 6.585 131.705 8.153
202209 6.661 135.531 8.014
202212 6.719 139.113 7.876
202303 6.747 145.950 7.538
202306 6.774 147.009 7.514
202309 6.836 146.113 7.629
202312 6.880 147.741 7.594
202403 6.912 149.044 7.562
202406 6.946 150.997 7.501
202409 6.987 153.439 7.426
202412 7.072 154.660 7.457
202503 7.110 157.021 7.384
202506 7.150 157.509 7.402
202509 7.189 158.000 7.420
202512 7.253 158.320 7.471
202603 7.296 163.070 7.296

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 0.35 mean?
Przedsiebiorstwo Komunalne AQUA (FRA:9S0) has a Cyclically Adjusted PB Ratio of 0.35 as of Aug. 07, 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 Przedsiebiorstwo Komunalne AQUA and its competitors. This is 13% below median its historical median of 0.40. Over the past decade, Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.28. According to the industry distribution chart, Przedsiebiorstwo Komunalne AQUA ranks #43 out of 437 companies in the Utilities - Regulated industry, placing it in the top 9.8%.
Is Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted PB Ratio too high?
Przedsiebiorstwo Komunalne AQUA's current Cyclically Adjusted PB Ratio of 0.35 is 13% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.28. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. Przedsiebiorstwo Komunalne AQUA's value of 0.35 is 77% below this industry median. Based on the distribution chart, Przedsiebiorstwo Komunalne AQUA ranks #43 out of 437 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Przedsiebiorstwo Komunalne AQUA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Przedsiebiorstwo Komunalne AQUA's Cyclically Adjusted PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Przedsiebiorstwo Komunalne AQUA ranks #43 out of 437 companies for Cyclically Adjusted PB Ratio. This places Przedsiebiorstwo Komunalne AQUA in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.52. Przedsiebiorstwo Komunalne AQUA's value of 0.35 is 77% below this benchmark. Historically, Przedsiebiorstwo Komunalne AQUA's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.28 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.52, Przedsiebiorstwo Komunalne AQUA 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 437 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. Przedsiebiorstwo Komunalne AQUA's current Cyclically Adjusted PB Ratio of 0.35 is 77% 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 Przedsiebiorstwo Komunalne AQUA and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Przedsiebiorstwo Komunalne AQUA's current Cyclically Adjusted PB Ratio is 0.35, which is 13% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Przedsiebiorstwo Komunalne AQUA stock overvalued right now?
Przedsiebiorstwo Komunalne AQUA (FRA:9S0) has a current Cyclically Adjusted PB Ratio of 0.35. The stock's GF Value™ is €2.94, compared to a current price of €2.60 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.35, which is 13% below median its 10-year median of 0.40 and 77% below the Utilities - Regulated industry median of 1.52. Przedsiebiorstwo Komunalne AQUA's overall GF Score™ is 75/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Przedsiebiorstwo Komunalne AQUA (FRA:9S0), the current Cyclically Adjusted PB Ratio is 0.35 as of Aug. 07, 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 Przedsiebiorstwo Komunalne AQUA (FRA:9S0) Overvalued in 2026?

Based on GuruFocus' analysis, Przedsiebiorstwo Komunalne AQUA stock appears to be undervalued. The current stock price of €2.60 is trading 11.6% below its estimated GF Value™ of €2.94.

Key valuation signals for FRA:9S0:

  • Cyclically Adjusted PB Ratio: 0.35 (13% below median its 10-year median of 0.40)
  • GF Value™: €2.94 vs. price of €2.60 (11.6% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 77% below the Utilities - Regulated median (#43 of 437)

No single metric tells the full story. See the FRA:9S0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Przedsiebiorstwo Komunalne AQUA Business Description

Other Exchanges AQU:Poland
Address ul. May 1 23, Bielsko-Biala, POL, 43-300
Przedsiebiorstwo Komunalne AQUA SA conducts water and sewage operations in Bielsko-Biala and neighboring communes. Its business activities include the recognition, treatment and distribution of water and the collection, treatment and discharge of sewage. services offered by the company include the supply of drinking water; sewerage; swimming pool; collection and testing of surface, underground, treated and sewage and sewage sludge samples; geodetic services; waste disposal services and liquid waste; disposal of emulsions and other wastes; and specialized services in the field of water supply and sewage network diagnostics. The services offered by Aqua are used by households, housing cooperatives, public institutions as well as industrial and service plants.
75GF 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.

€2.60
Price
€2.94
GF Value