Poligrafici Printing SpA (MIL:POPR) Cyclically Adjusted PB Ratio: 0.46 (As of Jul. 18, 2026) — 12% Above Median

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MIL:POPR Poligrafici Printing SpA MIL:POPR
38 GF Score
Price €0.48
GF Value €0.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Poligrafici Printing SpA Cyclically Adjusted PB Ratio?

Poligrafici Printing SpA MIL:POPR 38 Cyclically Adjusted PB Ratio is 0.46 as of Jul. 18, 2026, which is 12% above its 10-year median of 0.41. GuruFocus rates MIL:POPR with a GF Score™ of 38/100 and a GF Value™ of €0.29 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 720 Media - Diversified companies, Poligrafici Printing SpA ranks better than 75.42% on this metric.

As of today (2026-07-18), Poligrafici Printing SpA's current share price is €0.478. Poligrafici Printing SpA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €1.05. Poligrafici Printing SpA's Cyclically Adjusted PB Ratio for today is 0.46.

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

MIL:POPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.41   Max: 0.69
Current: 0.45

During the past years, Poligrafici Printing SpA's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.30. And the median was 0.41.

MIL:POPR's Cyclically Adjusted PB Ratio is ranked better than
75.42% of 720 companies
in the Media - Diversified industry
Industry Median: 0.995 vs MIL:POPR: 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.

Poligrafici Printing SpA's adjusted book value per share data for the three months ended in Dec. 2025 was €1.024. 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 €1.05 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Poligrafici Printing SpA  (MIL:POPR) 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.


Poligrafici Printing SpA Cyclically Adjusted PB Ratio Related Terms


Poligrafici Printing SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Poligrafici Printing SpA'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.

Poligrafici Printing SpA Cyclically Adjusted PB Ratio Chart

Poligrafici Printing SpA 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 0.52 0.33 0.34 0.35 0.44

Poligrafici Printing SpA 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 0.34 0.38 0.41 0.44 0.00

MIL:POPR vs NYT, WLY: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, Poligrafici Printing SpA'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.


Poligrafici Printing SpA Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Poligrafici Printing SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:POPR
38GF Score
Poligrafici Printing SpA MIL:POPR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Poligrafici Printing SpA 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.

Poligrafici Printing SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.478/1.05
=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.

Poligrafici Printing SpA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Poligrafici Printing SpA's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.024/122.6000*122.6000
=1.024

Current CPI (Dec. 2025) = 122.6000.

Poligrafici Printing SpA Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.834 99.600 1.027
201606 0.864 99.900 1.060
201609 0.868 100.100 1.063
201612 0.861 100.300 1.052
201703 0.884 101.000 1.073
201706 0.870 101.100 1.055
201709 0.871 101.200 1.055
201712 0.817 101.200 0.990
201803 0.832 101.800 1.002
201806 0.846 102.400 1.013
201809 0.864 102.600 1.032
201812 0.896 102.300 1.074
201903 0.922 102.800 1.100
201906 0.880 103.100 1.046
201909 0.890 102.900 1.060
201912 0.890 102.800 1.061
202003 0.905 102.900 1.078
202006 0.928 102.900 1.106
202009 0.939 102.300 1.125
202012 0.932 102.600 1.114
202103 0.902 103.700 1.066
202106 0.910 104.200 1.071
202109 0.923 104.900 1.079
202112 0.947 106.600 1.089
202203 0.965 110.400 1.072
202206 0.960 112.500 1.046
202209 0.973 114.200 1.045
202212 1.009 119.000 1.040
202303 1.018 118.800 1.051
202306 1.013 119.700 1.038
202309 1.024 120.300 1.044
202312 1.028 119.700 1.053
202403 1.039 120.200 1.060
202406 1.021 120.700 1.037
202409 1.031 121.200 1.043
202412 1.024 121.200 1.036
202503 1.036 122.500 1.037
202506 1.020 122.700 1.019
202509 1.030 123.100 1.026
202512 1.024 122.600 1.024

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?
Poligrafici Printing SpA (MIL:POPR) has a Cyclically Adjusted PB Ratio of 0.46 as of Jul. 18, 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 Poligrafici Printing SpA and its competitors. This is 12% above median its historical median of 0.41. Over the past decade, Poligrafici Printing SpA's Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.69. According to the industry distribution chart, Poligrafici Printing SpA ranks #177 out of 720 companies in the Media - Diversified industry, placing it in the top 24.6%.
Is Poligrafici Printing SpA's Cyclically Adjusted PB Ratio too high?
Poligrafici Printing SpA's current Cyclically Adjusted PB Ratio of 0.46 is 12% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.69. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.00. Poligrafici Printing SpA's value of 0.46 is 53.8% below this industry median. Based on the distribution chart, Poligrafici Printing SpA ranks #177 out of 720 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Poligrafici Printing SpA has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Poligrafici Printing SpA's Cyclically Adjusted PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Poligrafici Printing SpA ranks #177 out of 720 companies for Cyclically Adjusted PB Ratio. This places Poligrafici Printing SpA in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.00. Poligrafici Printing SpA's value of 0.46 is 53.8% below this benchmark. Historically, Poligrafici Printing SpA's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.69 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.00, Poligrafici Printing SpA 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.00, based on 720 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. Poligrafici Printing SpA's current Cyclically Adjusted PB Ratio of 0.46 is 53.8% 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 Poligrafici Printing SpA and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Poligrafici Printing SpA's current Cyclically Adjusted PB Ratio is 0.46, which is 12% above 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 Poligrafici Printing SpA stock overvalued right now?
Based on GuruFocus' analysis, Poligrafici Printing SpA (MIL:POPR) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.29, compared to a current price of €0.48 — trading 64.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is 12% above median its 10-year median of 0.41 and 53.8% below the Media - Diversified industry median of 1.00. Poligrafici Printing SpA's overall GF Score™ is 38/100 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 Poligrafici Printing SpA (MIL:POPR), the current Cyclically Adjusted PB Ratio is 0.46 as of Jul. 18, 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 Poligrafici Printing SpA (MIL:POPR) Overvalued in 2026?

Based on GuruFocus' analysis, Poligrafici Printing SpA stock appears to be overvalued. The current stock price of €0.48 is trading 64.8% above its estimated GF Value™ of €0.29. GuruFocus considers Poligrafici Printing SpA to be Significantly Overvalued.

Key valuation signals for MIL:POPR:

  • Cyclically Adjusted PB Ratio: 0.46 (12% above median its 10-year median of 0.41)
  • GF Value™: €0.29 vs. price of €0.48 (64.8% above fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 53.8% below the Media - Diversified median (#177 of 720)

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


Poligrafici Printing SpA Business Description

Address Via Enrico Mattei, 106, Bologna, ITA, 40138
Poligrafici Printing SpA engages in editing, publishing, and distributing page folders, newspapers, magazines, catalogues, and books in Europe.
38GF Score

Get the complete analysis for MIL:POPR

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

€0.48
Price
€0.29
GF Value