ABS Investment ASI (WAR:AIN) Cyclically Adjusted PB Ratio: 0.49 (As of Jul. 26, 2026) — 88% Above Median

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WAR:AIN ABS Investment ASI SA WAR:AIN
40 GF Score
Price zł1.37
! 1 Warning Sign
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What is ABS Investment ASI Cyclically Adjusted PB Ratio?

ABS Investment ASI WAR:AIN +2.24% 40 Cyclically Adjusted PB Ratio is 0.49 as of Jul. 26, 2026, which is 88% above its 10-year median of 0.26. GuruFocus rates WAR:AIN with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 1,002 Asset Management companies, ABS Investment ASI ranks better than 78.34% on this metric.

As of today (2026-07-26), ABS Investment ASI's current share price is zł1.37. ABS Investment ASI's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł2.79. ABS Investment ASI's Cyclically Adjusted PB Ratio for today is 0.49.

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

WAR:AIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.26   Max: 0.61
Current: 0.49

During the past years, ABS Investment ASI's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.19. And the median was 0.26.

WAR:AIN's Cyclically Adjusted PB Ratio is ranked better than
78.34% of 1002 companies
in the Asset Management industry
Industry Median: 0.84 vs WAR:AIN: 0.49

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.

ABS Investment ASI's adjusted book value per share data for the three months ended in Mar. 2026 was zł1.432. 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 zł2.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABS Investment ASI  (WAR:AIN) 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.


ABS Investment ASI Cyclically Adjusted PB Ratio Related Terms


ABS Investment ASI Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ABS Investment ASI'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.

ABS Investment ASI Cyclically Adjusted PB Ratio Chart

ABS Investment ASI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.21 0.22 0.38

ABS Investment ASI Quarterly Data
Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 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 0.26 0.21 0.43 0.38 0.45

WAR:AIN vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, ABS Investment ASI'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.


ABS Investment ASI Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, ABS Investment ASI's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:AIN
40GF Score
ABS Investment ASI SA WAR:AIN
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ABS Investment ASI 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.

ABS Investment ASI's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.37/2.79
=0.49

* 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.

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

For example, ABS Investment ASI'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)
=1.432/163.0700*163.0700
=1.432

Current CPI (Mar. 2026) = 163.0700.

ABS Investment ASI Quarterly Data

Book Value per Share CPI Adj_Book
201512 2.714 99.471 4.449
201603 2.754 98.983 4.537
201606 2.733 99.552 4.477
201609 2.660 99.064 4.379
201612 3.031 100.366 4.925
201703 3.188 101.018 5.146
201706 3.241 101.180 5.223
201709 3.241 101.343 5.215
201712 3.585 102.564 5.700
201803 2.705 102.564 4.301
201806 2.655 103.378 4.188
201809 2.557 103.378 4.033
201812 1.798 103.785 2.825
201903 2.256 104.274 3.528
201906 1.829 105.983 2.814
201909 1.394 105.983 2.145
201912 1.291 107.123 1.965
202003 1.168 109.076 1.746
202006 1.431 109.402 2.133
202009 1.837 109.320 2.740
202012 1.885 109.565 2.806
202103 0.000 112.658 0.000
202106 2.657 113.960 3.802
202109 2.215 115.588 3.125
202203 2.085 125.031 2.719
202206 1.664 131.705 2.060
202209 1.654 135.531 1.990
202303 1.643 145.950 1.836
202306 1.426 147.009 1.582
202309 1.439 146.113 1.606
202312 1.211 147.741 1.337
202403 1.320 149.044 1.444
202406 1.016 150.997 1.097
202409 1.045 153.439 1.111
202412 0.824 154.660 0.869
202503 0.886 157.021 0.920
202506 0.840 157.509 0.870
202509 0.866 158.000 0.894
202512 0.942 158.320 0.970
202603 1.432 163.070 1.432

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 0.49 mean?
ABS Investment ASI (WAR:AIN) has a Cyclically Adjusted PB Ratio of 0.49 as of Jul. 26, 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 ABS Investment ASI and its competitors. This is 88% above median its historical median of 0.26. Over the past decade, ABS Investment ASI's Cyclically Adjusted PB Ratio has ranged from 0.19 to 0.61. According to the industry distribution chart, ABS Investment ASI ranks #217 out of 1002 companies in the Asset Management industry, placing it in the top 21.7%.
Is ABS Investment ASI's Cyclically Adjusted PB Ratio too high?
ABS Investment ASI's current Cyclically Adjusted PB Ratio of 0.49 is 88% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.61. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. ABS Investment ASI's value of 0.49 is 41.7% below this industry median. Based on the distribution chart, ABS Investment ASI ranks #217 out of 1002 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, ABS Investment ASI has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does ABS Investment ASI's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, ABS Investment ASI ranks #217 out of 1002 companies for Cyclically Adjusted PB Ratio. This places ABS Investment ASI in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.84. ABS Investment ASI's value of 0.49 is 41.7% below this benchmark. Historically, ABS Investment ASI's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 0.61 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.84, ABS Investment ASI 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 1,002 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. ABS Investment ASI's current Cyclically Adjusted PB Ratio of 0.49 is 41.7% 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 ABS Investment ASI and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABS Investment ASI's current Cyclically Adjusted PB Ratio is 0.49, which is 88% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABS Investment ASI stock overvalued right now?
ABS Investment ASI (WAR:AIN) has a current Cyclically Adjusted PB Ratio of 0.49. The current Cyclically Adjusted PB Ratio is 0.49, which is 88% above median its 10-year median of 0.26 and 41.7% below the Asset Management industry median of 0.84. ABS Investment ASI's overall GF Score™ is 40/100 with 1 warning sign 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 ABS Investment ASI (WAR:AIN), the current Cyclically Adjusted PB Ratio is 0.49 as of Jul. 26, 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.

ABS Investment ASI Business Description

Address A.Frycza-Modrzewskiego 20, Bielsko-Biala, POL, 43-300
ABS Investment ASI SA is an investment company. The company operates in direct equity investments in public and private companies.
40GF 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.

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