Poligrafici Printing SpA (MIL:POPR) Cyclically Adjusted PB Ratio: (As of Aug. 05, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:POPR Poligrafici Printing SpA MIL:POPR
44 GF Score
Price €0.46
GF Value €0.30
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Poligrafici Printing SpA Cyclically Adjusted PB Ratio?

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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.38 0.41 0.44 0.00 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
44GF 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Poligrafici Printing SpA's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.03/126.4000*126.4000
=1.030

Current CPI (Jun. 2026) = 126.4000.

Poligrafici Printing SpA Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.868 100.100 1.096
201612 0.861 100.300 1.085
201703 0.884 101.000 1.106
201706 0.870 101.100 1.088
201709 0.871 101.200 1.088
201712 0.817 101.200 1.020
201803 0.832 101.800 1.033
201806 0.846 102.400 1.044
201809 0.864 102.600 1.064
201812 0.896 102.300 1.107
201903 0.922 102.800 1.134
201906 0.880 103.100 1.079
201909 0.890 102.900 1.093
201912 0.890 102.800 1.094
202003 0.905 102.900 1.112
202006 0.928 102.900 1.140
202009 0.939 102.300 1.160
202012 0.932 102.600 1.148
202103 0.902 103.700 1.099
202106 0.910 104.200 1.104
202109 0.923 104.900 1.112
202112 0.947 106.600 1.123
202203 0.965 110.400 1.105
202206 0.960 112.500 1.079
202209 0.973 114.200 1.077
202212 1.009 119.000 1.072
202303 1.018 118.800 1.083
202306 1.013 119.700 1.070
202309 1.024 120.300 1.076
202312 1.028 119.700 1.086
202403 1.039 120.200 1.093
202406 1.021 120.700 1.069
202409 1.031 121.200 1.075
202412 1.024 121.200 1.068
202503 1.036 122.500 1.069
202506 1.020 122.700 1.051
202509 1.030 123.100 1.058
202512 1.024 122.600 1.056
202603 0.000 124.560 0.000
202606 1.030 126.400 1.030

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.

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 €0.46 is trading 53.3% above its estimated GF Value™ of €0.30. GuruFocus considers Poligrafici Printing SpA to be Significantly Overvalued.

Key valuation signals for MIL:POPR:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.30 vs. price of €0.46 (53.3% above fair value)
  • GF Score™: 44/100 with 6 warning signs

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.
44GF 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.

€0.46
Price
€0.30
GF Value