BBI Development (WAR:BBD) Cyclically Adjusted PB Ratio: 0.25 (As of Aug. 06, 2026) — 19% Above Median

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WAR:BBD BBI Development SA WAR:BBD
55 GF Score
Price zł5.32
GF Value zł5.82
Valuation Fairly Valued
! 7 Warning Signs
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What is BBI Development Cyclically Adjusted PB Ratio?

BBI Development WAR:BBD -0.75% 55 Cyclically Adjusted PB Ratio is 0.25 as of Aug. 06, 2026, which is 19% above its 10-year median of 0.21. GuruFocus rates WAR:BBD with a GF Score™ of 55/100 and a GF Value™ of zł5.82 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,413 Real Estate companies, BBI Development ranks better than 78.34% on this metric.

As of today (2026-08-06), BBI Development's current share price is zł5.32. BBI Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł21.24. BBI Development's Cyclically Adjusted PB Ratio for today is 0.25.

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

WAR:BBD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.21   Max: 0.32
Current: 0.25

During the past years, BBI Development's highest Cyclically Adjusted PB Ratio was 0.32. The lowest was 0.15. And the median was 0.21.

WAR:BBD's Cyclically Adjusted PB Ratio is ranked better than
78.34% of 1413 companies
in the Real Estate industry
Industry Median: 0.69 vs WAR:BBD: 0.25

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.

BBI Development's adjusted book value per share data for the three months ended in Mar. 2026 was zł15.596. 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 zł21.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BBI Development  (WAR:BBD) 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.


BBI Development Cyclically Adjusted PB Ratio Related Terms


BBI Development Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BBI Development'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.

BBI Development Cyclically Adjusted PB Ratio Chart

BBI Development 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 0.23 0.16 0.19 0.16 0.25

BBI Development 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 0.26 0.23 0.24 0.25 0.26

BBI Development Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, BBI Development'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.


BBI Development Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, BBI Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:BBD
55GF Score
BBI Development SA WAR:BBD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BBI Development 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.

BBI Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.32/21.24
=0.25

* 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.

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

For example, BBI Development'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)
=15.596/163.0700*163.0700
=15.596

Current CPI (Mar. 2026) = 163.0700.

BBI Development Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.265 99.552 34.833
201609 15.191 99.064 25.006
201612 20.528 100.366 33.353
201703 20.390 101.018 32.915
201706 20.093 101.180 32.383
201709 20.416 101.343 32.851
201712 18.822 102.564 29.926
201803 18.791 102.564 29.876
201806 17.790 103.378 28.062
201809 17.921 103.378 28.269
201812 17.334 103.785 27.236
201903 16.970 104.274 26.539
201906 15.946 105.983 24.535
201909 15.781 105.983 24.281
201912 12.671 107.123 19.289
202003 12.892 109.076 19.274
202006 13.568 109.402 20.224
202009 13.604 109.320 20.293
202012 13.034 109.565 19.399
202103 12.897 112.658 18.668
202106 12.724 113.960 18.207
202109 12.487 115.588 17.616
202112 12.400 119.088 16.980
202203 12.214 125.031 15.930
202206 11.865 131.705 14.691
202209 12.004 135.531 14.443
202212 11.491 139.113 13.470
202303 11.467 145.950 12.812
202306 12.360 147.009 13.710
202309 14.412 146.113 16.085
202312 16.586 147.741 18.307
202403 16.106 149.044 17.622
202406 15.831 150.997 17.097
202409 15.708 153.439 16.694
202412 16.256 154.660 17.140
202503 16.384 157.021 17.015
202506 15.938 157.509 16.501
202509 15.863 158.000 16.372
202512 15.446 158.320 15.909
202603 15.596 163.070 15.596

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 0.25 mean?
BBI Development (WAR:BBD) has a Cyclically Adjusted PB Ratio of 0.25 as of Aug. 06, 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 BBI Development and its competitors. This is 19% above median its historical median of 0.21. Over the past decade, BBI Development's Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.32. According to the industry distribution chart, BBI Development ranks #306 out of 1413 companies in the Real Estate industry, placing it in the top 21.7%.
Is BBI Development's Cyclically Adjusted PB Ratio too high?
BBI Development's current Cyclically Adjusted PB Ratio of 0.25 is 19% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.32. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. BBI Development's value of 0.25 is 63.8% below this industry median. Based on the distribution chart, BBI Development ranks #306 out of 1413 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, BBI Development has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BBI Development's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, BBI Development ranks #306 out of 1413 companies for Cyclically Adjusted PB Ratio. This places BBI Development in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. BBI Development's value of 0.25 is 63.8% below this benchmark. Historically, BBI Development's own Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.32 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.69, BBI Development 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,413 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. BBI Development's current Cyclically Adjusted PB Ratio of 0.25 is 63.8% 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 BBI Development and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BBI Development's current Cyclically Adjusted PB Ratio is 0.25, which is 19% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BBI Development stock overvalued right now?
Based on GuruFocus' analysis, BBI Development (WAR:BBD) is currently considered Fairly Valued. The stock's GF Value™ is zł5.82, compared to a current price of zł5.32 — trading 8.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.25, which is 19% above median its 10-year median of 0.21 and 63.8% below the Real Estate industry median of 0.69. BBI Development's overall GF Score™ is 55/100 with 7 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 BBI Development (WAR:BBD), the current Cyclically Adjusted PB Ratio is 0.25 as of Aug. 06, 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 BBI Development (WAR:BBD) Overvalued in 2026?

Based on GuruFocus' analysis, BBI Development stock appears to be undervalued. The current stock price of zł5.32 is trading 8.6% below its estimated GF Value™ of zł5.82. GuruFocus considers BBI Development to be Fairly Valued.

Key valuation signals for WAR:BBD:

  • Cyclically Adjusted PB Ratio: 0.25 (19% above median its 10-year median of 0.21)
  • GF Value™: zł5.82 vs. price of zł5.32 (8.6% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 63.8% below the Real Estate median (#306 of 1413)

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


BBI Development Business Description

Address ul. Pulawska 2 - Plac Unii, Building A, Warsaw, POL, 02-566
BBI Development SA is a Poland based company engaged in investing in the development projects, including financing and managing of real estate projects. Its projects include Zlota 44, Centrum Praskie Koneser and Roma Tower among others.
55GF 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.

zł5.32
Price
zł5.82
GF Value