ASTARTA Holding NV (WAR:AST) Cyclically Adjusted PB Ratio: 0.49 (As of Jul. 18, 2026) — 20% Above Median

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WAR:AST ASTARTA Holding NV WAR:AST
64 GF Score
Price zł44.85
GF Value zł28.68
Valuation Significantly Overvalued
! 10 Warning Signs
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What is ASTARTA Holding NV Cyclically Adjusted PB Ratio?

ASTARTA Holding NV WAR:AST +2.99% 64 Cyclically Adjusted PB Ratio is 0.49 as of Jul. 18, 2026, which is 20% above its 10-year median of 0.41. GuruFocus rates WAR:AST with a GF Score™ of 64/100 and a GF Value™ of zł28.68 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,446 Consumer Packaged Goods companies, ASTARTA Holding NV ranks better than 82.71% on this metric.

As of today (2026-07-18), ASTARTA Holding NV's current share price is zł44.85. ASTARTA Holding NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł90.94. ASTARTA Holding NV's Cyclically Adjusted PB Ratio for today is 0.49.

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

WAR:AST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.41   Max: 0.87
Current: 0.49

During the past years, ASTARTA Holding NV's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.17. And the median was 0.41.

WAR:AST's Cyclically Adjusted PB Ratio is ranked better than
82.71% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 1.255 vs WAR:AST: 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.

ASTARTA Holding NV's adjusted book value per share data for the three months ended in Mar. 2026 was zł95.961. 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 zł90.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASTARTA Holding NV  (WAR:AST) 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.


ASTARTA Holding NV Cyclically Adjusted PB Ratio Related Terms


ASTARTA Holding NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ASTARTA Holding NV'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.

ASTARTA Holding NV Cyclically Adjusted PB Ratio Chart

ASTARTA Holding NV 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 0.59 0.27 0.37 0.50 0.51

ASTARTA Holding NV 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 0.63 0.70 0.50 0.51 0.53

WAR:AST vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, ASTARTA Holding NV'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.


ASTARTA Holding NV Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ASTARTA Holding NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:AST
64GF Score
ASTARTA Holding NV WAR:AST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASTARTA Holding NV 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.

ASTARTA Holding NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.85/90.94
=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.

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

For example, ASTARTA Holding NV'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)
=95.961/330.2130*330.2130
=95.961

Current CPI (Mar. 2026) = 330.2130.

ASTARTA Holding NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 53.309 241.018 73.037
201609 51.323 241.428 70.197
201612 57.902 241.432 79.194
201703 62.893 243.801 85.185
201706 71.611 244.955 96.536
201709 72.916 246.819 97.553
201712 63.971 246.524 85.688
201803 69.111 249.554 91.449
201806 75.868 251.989 99.419
201809 65.982 252.439 86.310
201812 64.936 251.233 85.350
201903 65.617 254.202 85.238
201906 73.552 256.143 94.821
201909 75.615 256.759 97.247
201912 76.065 256.974 97.744
202003 62.503 258.115 79.962
202006 69.281 257.797 88.742
202009 63.281 260.280 80.284
202012 64.030 260.474 81.173
202103 67.302 264.877 83.903
202106 83.209 271.696 101.130
202109 87.345 274.310 105.145
202112 87.511 278.802 103.648
202203 81.304 287.504 93.382
202206 86.825 296.311 96.759
202209 75.711 296.808 84.232
202212 81.064 296.797 90.191
202303 82.870 301.836 90.661
202306 87.836 305.109 95.063
202309 89.628 307.789 96.158
202312 84.748 306.746 91.231
202403 85.364 312.332 90.251
202406 86.578 314.175 90.998
202409 89.058 315.301 93.270
202412 89.185 315.605 93.313
202503 91.432 319.799 94.409
202506 93.510 322.561 95.728
202509 96.136 324.800 97.738
202512 100.355 324.054 102.262
202603 95.961 330.213 95.961

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?
ASTARTA Holding NV (WAR:AST) has a Cyclically Adjusted PB Ratio of 0.49 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 ASTARTA Holding NV and its competitors. This is 20% above median its historical median of 0.41. Over the past decade, ASTARTA Holding NV's Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.87. According to the industry distribution chart, ASTARTA Holding NV ranks #250 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 17.3%.
Is ASTARTA Holding NV's Cyclically Adjusted PB Ratio too high?
ASTARTA Holding NV's current Cyclically Adjusted PB Ratio of 0.49 is 20% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.87. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. ASTARTA Holding NV's value of 0.49 is 61% below this industry median. Based on the distribution chart, ASTARTA Holding NV ranks #250 out of 1446 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, ASTARTA Holding NV has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASTARTA Holding NV's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, ASTARTA Holding NV ranks #250 out of 1446 companies for Cyclically Adjusted PB Ratio. This places ASTARTA Holding NV in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.26. ASTARTA Holding NV's value of 0.49 is 61% below this benchmark. Historically, ASTARTA Holding NV's own Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.87 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.26, ASTARTA Holding NV 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,446 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. ASTARTA Holding NV's current Cyclically Adjusted PB Ratio of 0.49 is 61% 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 ASTARTA Holding NV and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASTARTA Holding NV's current Cyclically Adjusted PB Ratio is 0.49, which is 20% 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 ASTARTA Holding NV stock overvalued right now?
Based on GuruFocus' analysis, ASTARTA Holding NV (WAR:AST) is currently considered Significantly Overvalued. The stock's GF Value™ is zł28.68, compared to a current price of zł44.85 — trading 56.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.49, which is 20% above median its 10-year median of 0.41 and 61% below the Consumer Packaged Goods industry median of 1.26. ASTARTA Holding NV's overall GF Score™ is 64/100 with 10 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 ASTARTA Holding NV (WAR:AST), the current Cyclically Adjusted PB Ratio is 0.49 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 ASTARTA Holding NV (WAR:AST) Overvalued in 2026?

Based on GuruFocus' analysis, ASTARTA Holding NV stock appears to be overvalued. The current stock price of zł44.85 is trading 56.4% above its estimated GF Value™ of zł28.68. GuruFocus considers ASTARTA Holding NV to be Significantly Overvalued.

Key valuation signals for WAR:AST:

  • Cyclically Adjusted PB Ratio: 0.49 (20% above median its 10-year median of 0.41)
  • GF Value™: zł28.68 vs. price of zł44.85 (56.4% above fair value)
  • GF Score™: 64/100 with 10 warning signs
  • Industry Position: 61% below the Consumer Packaged Goods median (#250 of 1446)

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


ASTARTA Holding NV Business Description

Other Exchanges Z6J:Germany
Address 1, Lampousas street, Nicosia, CYP, 1095
ASTARTA Holding NV specializes in sugar production, crop growing, soybean processing and cattle farming. Its operations are vertically integrated, with sugar produced mainly using own-grown sugar beet and soybeans processed from in-house grown crops. Its production includes sugar and sugar by-products, grains and oilseeds, soybean crushing products and others. Its segments include production and wholesale distribution of sugar, growing and selling of grain and oilseeds crops, dairy cattle farming, and soybean processing. The agriculture segment generates maximum revenue. Its croplands, sugar and soybean processing plants, and cattle operations are mainly located in the Poltava, Vinnytsia, Khmelnytsky, Ternopil and Kharkiv oblasts of Ukraine, with maximum revenue generated from Ukraine.
64GF Score

Get the complete analysis for WAR:AST

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

zł44.85
Price
zł28.68
GF Value