Aplisens (WAR:APN) Cyclically Adjusted PB Ratio: 0.97 (As of Sep. 22, 2026) — Near Median

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WAR:APN Aplisens SA WAR:APN
77 GF Score
Price zł20.10
GF Value zł18.95
Valuation Fairly Valued
! 3 Warning Signs
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What is Aplisens Cyclically Adjusted PB Ratio?

Aplisens WAR:APN -3.41% 77 Cyclically Adjusted PB Ratio is 0.97 as of Sep. 22, 2026, which is 5% below its 10-year median of 1.02. GuruFocus rates WAR:APN with a GF Score™ of 77/100 and a GF Value™ of zł18.95 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,927 Hardware companies, Aplisens ranks better than 71.2% on this metric.

As of today (2026-09-22), Aplisens's current share price is zł20.10. Aplisens's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was zł20.73. Aplisens's Cyclically Adjusted PB Ratio for today is 0.97.

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

WAR:APN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.02   Max: 1.47
Current: 1.02

During the past years, Aplisens's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.80. And the median was 1.02.

WAR:APN's Cyclically Adjusted PB Ratio is ranked better than
71.2% of 1927 companies
in the Hardware industry
Industry Median: 2.05 vs WAR:APN: 1.02

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.

Aplisens's adjusted book value per share data for the three months ended in Jun. 2026 was zł21.228. 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 zł20.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aplisens  (WAR:APN) 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.


Aplisens Cyclically Adjusted PB Ratio Related Terms


Aplisens Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aplisens'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.

Aplisens Cyclically Adjusted PB Ratio Chart

Aplisens 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 1.05 0.86 1.25 0.99 0.83

Aplisens 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 0.95 0.92 0.85 0.85 0.89

WAR:APN vs GRMN, COHR, KEYS: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Aplisens'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.


Aplisens Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Aplisens's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:APN
77GF Score
Aplisens SA WAR:APN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aplisens 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.10/20.731
=0.97

* 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.

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

For example, Aplisens'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)
=21.228/162.2800*162.2800
=21.228

Current CPI (Jun. 2026) = 162.2800.

Aplisens Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.851 99.064 17.775
201612 11.123 100.366 17.985
201703 11.163 101.018 17.933
201706 11.083 101.180 17.776
201709 11.558 101.343 18.508
201712 12.175 102.564 19.264
201803 12.342 102.564 19.528
201806 12.371 103.378 19.420
201809 12.732 103.378 19.986
201812 13.017 103.785 20.354
201903 13.247 104.274 20.616
201906 13.194 105.983 20.203
201909 13.639 105.983 20.884
201912 14.010 107.123 21.224
202003 14.019 109.076 20.857
202006 14.090 109.402 20.900
202009 14.423 109.320 21.410
202012 14.863 109.565 22.014
202103 15.077 112.658 21.718
202106 15.080 113.960 21.474
202109 15.651 115.588 21.973
202112 16.088 119.088 21.923
202203 16.174 125.031 20.993
202206 16.462 131.705 20.284
202209 17.498 135.531 20.951
202212 17.447 139.113 20.353
202303 18.676 145.950 20.766
202306 18.160 147.009 20.046
202309 19.087 146.113 21.199
202312 21.202 147.741 23.288
202403 21.843 149.044 23.783
202406 19.682 150.997 21.153
202409 20.275 153.439 21.443
202412 20.759 154.660 21.782
202503 21.504 157.021 22.224
202506 20.457 157.509 21.077
202509 20.942 158.000 21.509
202512 21.468 158.320 22.005
202603 21.551 163.070 21.447
202606 21.228 162.280 21.228

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 0.97 mean?
Aplisens (WAR:APN) has a Cyclically Adjusted PB Ratio of 0.97 as of Sep. 22, 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 Aplisens and its competitors. This is near median its historical median of 1.02. Over the past decade, Aplisens' Cyclically Adjusted PB Ratio has ranged from 0.80 to 1.47. According to the industry distribution chart, Aplisens ranks #555 out of 1927 companies in the Hardware industry, placing it in the top 28.8%.
Is Aplisens' Cyclically Adjusted PB Ratio too high?
Aplisens' current Cyclically Adjusted PB Ratio of 0.97 is near median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 1.47. The Hardware industry median Cyclically Adjusted PB Ratio is 2.05. Aplisens' value of 0.97 is 52.7% below this industry median. Based on the distribution chart, Aplisens ranks #555 out of 1927 companies in the Hardware industry, which is above the industry midpoint. Overall, Aplisens has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aplisens' Cyclically Adjusted PB Ratio compare to GRMN and COHR?
According to the Hardware industry distribution chart, Aplisens ranks #555 out of 1927 companies for Cyclically Adjusted PB Ratio. This puts Aplisens in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.05. Aplisens' value of 0.97 is 52.7% below this benchmark. Historically, Aplisens' own Cyclically Adjusted PB Ratio has ranged from 0.80 to 1.47 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 2.05, Aplisens 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.05, based on 1,927 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. Aplisens's current Cyclically Adjusted PB Ratio of 0.97 is 52.7% 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 Aplisens and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aplisens's current Cyclically Adjusted PB Ratio is 0.97, which is near median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aplisens stock overvalued right now?
Based on GuruFocus' analysis, Aplisens (WAR:APN) is currently considered Fairly Valued. The stock's GF Value™ is zł18.95, compared to a current price of zł20.10 — trading 6.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is near median its 10-year median of 1.02 and 52.7% below the Hardware industry median of 2.05. Aplisens' overall GF Score™ is 77/100 with 3 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 Aplisens (WAR:APN), the current Cyclically Adjusted PB Ratio is 0.97 as of Sep. 22, 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 Aplisens (WAR:APN) Overvalued in 2026?

Based on GuruFocus' analysis, Aplisens stock appears to be overvalued. The current stock price of zł20.10 is trading 6.1% above its estimated GF Value™ of zł18.95. GuruFocus considers Aplisens to be Fairly Valued.

Key valuation signals for WAR:APN:

  • Cyclically Adjusted PB Ratio: 0.97 (near median its 10-year median of 1.02)
  • GF Value™: zł18.95 vs. price of zł20.10 (6.1% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 52.7% below the Hardware median (#555 of 1927)

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


Aplisens Business Description

Address Morelowa 7, Warsaw, POL, 03-192
Aplisens SA is a Polish manufacturer of industrial measurement instrumentation, specializing in electronic pressure and differential pressure measurement technology. Its product range includes pressure and differential pressure transmitters, hydrostatic level probes, level transmitters, valves, digital indicators, separators, and power supplies, used to measure and control pressure, level, flow, and temperature in industrial processes. The company serves customers in sectors such as chemicals, petrochemicals, energy, water and wastewater, food processing, and general industry, selling both directly and through a network of distributors and representatives. Aplisens operates from manufacturing and office facilities in Poland and exports a significant portion of its output to markets across Europe, Asia, and other regions, generating revenue primarily from the sale of its own branded instruments, accessories, and related components.
77GF Score

Get the complete analysis for WAR:APN

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

zł20.10
Price
zł18.95
GF Value