Betacom (WAR:BCM) Cyclically Adjusted PB Ratio: 0.80 (As of Sep. 11, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:BCM Betacom SA WAR:BCM
59 GF Score
Price zł5.18
GF Value zł5.27
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Betacom Cyclically Adjusted PB Ratio?

Betacom WAR:BCM +0.78% 59 Cyclically Adjusted PB Ratio is 0.80 as of Sep. 11, 2026, which is 7% above its 10-year median of 0.75. GuruFocus rates WAR:BCM with a GF Score™ of 59/100 and a GF Value™ of zł5.27 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,466 Software companies, Betacom ranks better than 81.51% on this metric.

As of today (2026-09-11), Betacom's current share price is zł5.18. Betacom's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was zł6.47. Betacom's Cyclically Adjusted PB Ratio for today is 0.80.

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

WAR:BCM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.75   Max: 1.09
Current: 0.78

During the past years, Betacom's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.53. And the median was 0.75.

WAR:BCM's Cyclically Adjusted PB Ratio is ranked better than
81.51% of 1466 companies
in the Software industry
Industry Median: 2.37 vs WAR:BCM: 0.78

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.

Betacom's adjusted book value per share data for the three months ended in Jun. 2026 was zł5.082. 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 zł6.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Betacom  (WAR:BCM) 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.


Betacom Cyclically Adjusted PB Ratio Related Terms


Betacom Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Betacom'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.

Betacom Cyclically Adjusted PB Ratio Chart

Betacom Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.61 0.93 0.62 0.75

Betacom 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 0.70 0.86 0.73 0.75 0.84

WAR:BCM vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Betacom'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.


Betacom Cyclically Adjusted PB Ratio vs Software Industry

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

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


WAR:BCM
59GF Score
Betacom SA WAR:BCM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Betacom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.18/6.47
=0.80

* 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.

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

For example, Betacom'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)
=5.082/162.2800*162.2800
=5.082

Current CPI (Jun. 2026) = 162.2800.

Betacom Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.664 99.064 7.640
201612 4.902 100.366 7.926
201703 4.606 101.018 7.399
201706 4.683 101.180 7.511
201709 4.785 101.343 7.662
201712 5.082 102.564 8.041
201803 5.214 102.564 8.250
201806 5.207 103.378 8.174
201809 4.755 103.378 7.464
201812 4.853 103.785 7.588
201903 5.119 104.274 7.967
201906 5.126 105.983 7.849
201909 4.812 105.983 7.368
201912 4.743 107.123 7.185
202003 5.069 109.076 7.541
202006 5.259 109.402 7.801
202009 5.167 109.320 7.670
202012 5.276 109.565 7.814
202103 4.362 112.658 6.283
202106 4.549 113.960 6.478
202109 4.667 115.588 6.552
202112 4.650 119.088 6.336
202203 4.680 125.031 6.074
202206 4.831 131.705 5.952
202209 4.386 135.531 5.252
202212 4.620 139.113 5.389
202303 4.609 145.950 5.125
202306 4.575 147.009 5.050
202309 4.681 146.113 5.199
202312 4.901 147.741 5.383
202403 4.755 149.044 5.177
202406 4.865 150.997 5.229
202409 4.769 153.439 5.044
202412 5.041 154.660 5.289
202503 4.962 157.021 5.128
202506 4.815 157.509 4.961
202509 4.523 158.000 4.646
202512 5.064 158.320 5.191
202603 4.994 163.070 4.970
202606 5.082 162.280 5.082

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 0.80 mean?
Betacom (WAR:BCM) has a Cyclically Adjusted PB Ratio of 0.80 as of Sep. 11, 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 Betacom and its competitors. This is near median its historical median of 0.75. Over the past decade, Betacom's Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.09. According to the industry distribution chart, Betacom ranks #271 out of 1466 companies in the Software industry, placing it in the top 18.5%.
Is Betacom's Cyclically Adjusted PB Ratio too high?
Betacom's current Cyclically Adjusted PB Ratio of 0.80 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.09. The Software industry median Cyclically Adjusted PB Ratio is 2.37. Betacom's value of 0.80 is 66.2% below this industry median. Based on the distribution chart, Betacom ranks #271 out of 1466 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Betacom has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Betacom's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Betacom ranks #271 out of 1466 companies for Cyclically Adjusted PB Ratio. This places Betacom in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.37. Betacom's value of 0.80 is 66.2% below this benchmark. Historically, Betacom's own Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.09 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 2.37, Betacom 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.37, based on 1,466 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. Betacom's current Cyclically Adjusted PB Ratio of 0.80 is 66.2% 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 Betacom and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Betacom's current Cyclically Adjusted PB Ratio is 0.80, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Betacom stock overvalued right now?
Based on GuruFocus' analysis, Betacom (WAR:BCM) is currently considered Fairly Valued. The stock's GF Value™ is zł5.27, compared to a current price of zł5.18 — trading 1.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is near median its 10-year median of 0.75 and 66.2% below the Software industry median of 2.37. Betacom's overall GF Score™ is 59/100 with 2 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 Betacom (WAR:BCM), the current Cyclically Adjusted PB Ratio is 0.80 as of Sep. 11, 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 Betacom (WAR:BCM) Overvalued in 2026?

Based on GuruFocus' analysis, Betacom stock appears to be undervalued. The current stock price of zł5.18 is trading 1.7% below its estimated GF Value™ of zł5.27. GuruFocus considers Betacom to be Fairly Valued.

Key valuation signals for WAR:BCM:

  • Cyclically Adjusted PB Ratio: 0.80 (near median its 10-year median of 0.75)
  • GF Value™: zł5.27 vs. price of zł5.18 (1.7% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 66.2% below the Software median (#271 of 1466)

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


Betacom Business Description

Address ul.Po?czy?ska 31 A, Warszawa, POL, 01-377
Betacom SA is an information technology company. Its product portfolio includes Networking, Saba, Private Cloud, Virtualization, gufo, License management, BlueCoat and Apollo TMS.
59GF Score

Get the complete analysis for WAR:BCM

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

zł5.18
Price
zł5.27
GF Value