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Grupa AzotyWAR:ATT +1.08%67 Cyclically Adjusted PB Ratio is 0.21 as of Jul. 20, 2026, which is 49% below its 10-year median of 0.41. GuruFocus rates WAR:ATT with a GF Score™ of 67/100 and a GF Value™ of zł20.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 200 Agriculture companies, Grupa Azoty ranks better than 95.5% on this metric.
The historical rank and industry rank for Grupa Azoty's Cyclically Adjusted PB Ratio or its related term are showing as below:
WAR:ATT'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.41 Max: 0.82
Current: 0.21
During the past years, Grupa Azoty's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.18. And the median was 0.41.
WAR:ATT's Cyclically Adjusted PB Ratio is ranked better than 95.5% of 200
companies
in the Agriculture industry
Industry Median: 1.37
vs WAR:ATT: 0.21
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.
Grupa Azoty's adjusted book value per share data for the three months ended in Mar. 2026 was zł3.511. 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 zł91.60 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Grupa Azoty (WAR:ATT) 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.
Grupa Azoty Cyclically Adjusted PB Ratio Related Terms
Grupa Azoty Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Grupa Azoty'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.
WAR:ATT vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison
For the Agricultural Inputs subindustry, Grupa Azoty'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.
Grupa Azoty Cyclically Adjusted PB Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Grupa Azoty's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Grupa Azoty's Cyclically Adjusted PB Ratio falls into.
Grupa Azoty 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.
Grupa Azoty's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.21 mean?
Grupa Azoty (WAR:ATT) has a Cyclically Adjusted PB Ratio of 0.21 as of Jul. 20, 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 Grupa Azoty and its competitors. This is 49% below median its historical median of 0.41. Over the past decade, Grupa Azoty's Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.82. According to the industry distribution chart, Grupa Azoty ranks #9 out of 200 companies in the Agriculture industry, placing it in the top 4.5%.
Is Grupa Azoty's Cyclically Adjusted PB Ratio too high?
Grupa Azoty's current Cyclically Adjusted PB Ratio of 0.21 is 49% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.82. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.37. Grupa Azoty's value of 0.21 is 84.7% below this industry median. Based on the distribution chart, Grupa Azoty ranks #9 out of 200 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Grupa Azoty has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupa Azoty's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Grupa Azoty ranks #9 out of 200 companies for Cyclically Adjusted PB Ratio. This places Grupa Azoty in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.37. Grupa Azoty's value of 0.21 is 84.7% below this benchmark. Historically, Grupa Azoty's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.82 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.37, Grupa Azoty 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 Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.37, based on 200 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. Grupa Azoty's current Cyclically Adjusted PB Ratio of 0.21 is 84.7% 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 Grupa Azoty and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupa Azoty's current Cyclically Adjusted PB Ratio is 0.21, which is 49% below 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 Grupa Azoty stock overvalued right now?
Based on GuruFocus' analysis, Grupa Azoty (WAR:ATT) is currently considered Fairly Valued. The stock's GF Value™ is zł20.41, compared to a current price of zł19.66 — trading 3.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.21, which is 49% below median its 10-year median of 0.41 and 84.7% below the Agriculture industry median of 1.37. Grupa Azoty's overall GF Score™ is 67/100 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 Grupa Azoty (WAR:ATT), the current Cyclically Adjusted PB Ratio is 0.21 as of Jul. 20, 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 Grupa Azoty (WAR:ATT) Overvalued in 2026?
Based on GuruFocus' analysis, Grupa Azoty stock appears to be undervalued.
The current stock price of zł19.66 is trading 3.7% below its estimated GF Value™ of zł20.41.
GuruFocus considers Grupa Azoty to be Fairly Valued.
Key valuation signals for WAR:ATT:
Cyclically Adjusted PB Ratio: 0.21 (49% below median its 10-year median of 0.41)
GF Value™: zł20.41 vs. price of zł19.66 (3.7% below fair value)
Industry Position: 84.7% below the Agriculture median (#9 of 200)
No single metric tells the full story. See the WAR:ATT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grupa Azoty SA is a holding company, which through its subsidiaries, produces and sells chemicals, plastics, fertilizers, titanium, and extracts sulfur products. The firm organizes itself into five segments based on the product type. The Agro fertilizer segment, which generates the majority of revenue, sells fertilizers and agrochemicals. The Plastics segment sells a variety of plastic products to the automotive, construction, food, and textile industries. The Energy segment produces and sells electricity. The Chemicals segment sells oxo alcohols and other chemicals and its other segment comprises activities such as laboratory services, property rental, and other activities.
67GF Score
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