Lubawa (FRA:WQ2) Cyclically Adjusted PB Ratio: 3.86 (As of Aug. 01, 2026) — 290% Above Median

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FRA:WQ2 Lubawa SA FRA:WQ2
76 GF Score
Price €2.51
GF Value €1.54
Valuation Significantly Overvalued
View Full Analysis

What is Lubawa Cyclically Adjusted PB Ratio?

Lubawa FRA:WQ2 +3.38% 76 Cyclically Adjusted PB Ratio is 3.86 as of Aug. 01, 2026, which is 290% above its 10-year median of 0.99. GuruFocus rates FRA:WQ2 with a GF Score™ of 76/100 and a GF Value™ of €1.54 (Significantly Overvalued). Among 472 Conglomerates companies, Lubawa ranks worse than 85.81% on this metric.

As of today (2026-08-01), Lubawa's current share price is €2.506. Lubawa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.65. Lubawa's Cyclically Adjusted PB Ratio for today is 3.86.

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

FRA:WQ2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.99   Max: 4.92
Current: 3.68

During the past years, Lubawa's highest Cyclically Adjusted PB Ratio was 4.92. The lowest was 0.27. And the median was 0.99.

FRA:WQ2's Cyclically Adjusted PB Ratio is ranked worse than
85.81% of 472 companies
in the Conglomerates industry
Industry Median: 1.015 vs FRA:WQ2: 3.68

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.

Lubawa's adjusted book value per share data for the three months ended in Mar. 2026 was €0.945. 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 €0.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lubawa  (FRA:WQ2) 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.


Lubawa Cyclically Adjusted PB Ratio Related Terms


Lubawa Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lubawa'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.

Lubawa Cyclically Adjusted PB Ratio Chart

Lubawa 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 0.50 0.89 0.94 1.60 2.80

Lubawa 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 3.44 3.23 3.61 2.80 2.92

FRA:WQ2 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Lubawa'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.


Lubawa Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lubawa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:WQ2
76GF Score
Lubawa SA FRA:WQ2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lubawa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.506/0.65
=3.86

* 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.

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

For example, Lubawa'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)
=0.945/163.0700*163.0700
=0.945

Current CPI (Mar. 2026) = 163.0700.

Lubawa Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.438 99.552 0.717
201609 0.432 99.064 0.711
201612 0.444 100.366 0.721
201703 0.451 101.018 0.728
201706 0.453 101.180 0.730
201709 0.454 101.343 0.731
201712 0.448 102.564 0.712
201803 0.461 102.564 0.733
201806 0.459 103.378 0.724
201809 0.451 103.378 0.711
201812 0.460 103.785 0.723
201903 0.466 104.274 0.729
201906 0.497 105.983 0.765
201909 0.497 105.983 0.765
201912 0.507 107.123 0.772
202003 0.387 109.076 0.579
202006 0.410 109.402 0.611
202009 0.414 109.320 0.618
202012 0.418 109.565 0.622
202103 0.432 112.658 0.625
202106 0.445 113.960 0.637
202109 0.452 115.588 0.638
202112 0.455 119.088 0.623
202203 0.472 125.031 0.616
202206 0.490 131.705 0.607
202209 0.493 135.531 0.593
202212 0.488 139.113 0.572
202303 0.492 145.950 0.550
202306 0.496 147.009 0.550
202309 0.499 146.113 0.557
202312 0.559 147.741 0.617
202403 0.582 149.044 0.637
202406 0.603 150.997 0.651
202409 0.673 153.439 0.715
202412 0.714 154.660 0.753
202503 0.733 157.021 0.761
202506 0.802 157.509 0.830
202509 0.826 158.000 0.853
202512 0.909 158.320 0.936
202603 0.945 163.070 0.945

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 3.86 mean?
Lubawa (FRA:WQ2) has a Cyclically Adjusted PB Ratio of 3.86 as of Aug. 01, 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 Lubawa and its competitors. This is 290% above median its historical median of 0.99. Over the past decade, Lubawa's Cyclically Adjusted PB Ratio has ranged from 0.27 to 4.92. According to the industry distribution chart, Lubawa ranks #405 out of 472 companies in the Conglomerates industry, placing it in the top 85.8%.
Is Lubawa's Cyclically Adjusted PB Ratio too high?
Lubawa's current Cyclically Adjusted PB Ratio of 3.86 is 290% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 4.92. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Lubawa's value of 3.86 is 280.3% above this industry median. Based on the distribution chart, Lubawa ranks #405 out of 472 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Lubawa has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lubawa's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Lubawa ranks #405 out of 472 companies for Cyclically Adjusted PB Ratio. This places Lubawa in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Lubawa's value of 3.86 is 280.3% above this benchmark. Historically, Lubawa's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 4.92 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.02, Lubawa has consistently been above 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 472 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. Lubawa's current Cyclically Adjusted PB Ratio of 3.86 is 280.3% above 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 Lubawa and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lubawa's current Cyclically Adjusted PB Ratio is 3.86, which is 290% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lubawa stock overvalued right now?
Based on GuruFocus' analysis, Lubawa (FRA:WQ2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.54, compared to a current price of €2.51 — trading 62.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.86, which is 290% above median its 10-year median of 0.99 and 280.3% above the Conglomerates industry median of 1.02. Lubawa's overall GF Score™ is 76/100. 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 Lubawa (FRA:WQ2), the current Cyclically Adjusted PB Ratio is 3.86 as of Aug. 01, 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 Lubawa (FRA:WQ2) Overvalued in 2026?

Based on GuruFocus' analysis, Lubawa stock appears to be overvalued. The current stock price of €2.51 is trading 62.7% above its estimated GF Value™ of €1.54. GuruFocus considers Lubawa to be Significantly Overvalued.

Key valuation signals for FRA:WQ2:

  • Cyclically Adjusted PB Ratio: 3.86 (290% above median its 10-year median of 0.99)
  • GF Value™: €1.54 vs. price of €2.51 (62.7% above fair value)
  • GF Score™: 76/100
  • Industry Position: 280.3% above the Conglomerates median (#405 of 472)

No single metric tells the full story. See the FRA:WQ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lubawa Business Description

Other Exchanges LBW:Poland
Address ul. Staroprzygodzka 117, Ostrow Wielkopolski, POL, 63-400
Lubawa SA is engaged in manufacturing and selling army, police, municipal police, border patrol, fire brigade, and special force products in Poland. It provides products for individual protection, such as helmets, bulletproof vests, modular externals, rescue masks, special and protective clothing among others.
76GF Score

Get the complete analysis for FRA:WQ2

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

€2.51
Price
€1.54
GF Value