Capitea (WAR:CAP) Cyclically Adjusted PB Ratio: (As of Jul. 17, 2026)

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:CAP Capitea SA WAR:CAP
60 GF Score
Price zł0.46
GF Value zł0.47
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Capitea Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Capitea  (WAR:CAP) 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.


Capitea Cyclically Adjusted PB Ratio Related Terms


Capitea Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Capitea'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.

Capitea Cyclically Adjusted PB Ratio Chart

Capitea 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 0.00 0.00 0.00 0.00 0.00

Capitea 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 0.00 0.00 0.00 0.00 0.00

WAR:CAP vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Capitea'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.


Capitea Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Capitea's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:CAP
60GF Score
Capitea SA WAR:CAP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capitea 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.

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

For example, Capitea'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)
=2.07/163.0700*163.0700
=2.070

Current CPI (Mar. 2026) = 163.0700.

Capitea Quarterly Data

Book Value per Share CPI Adj_Book
201512 9.286 99.471 15.223
201603 0.000 98.983 0.000
201612 19.288 100.366 31.338
201703 22.131 101.018 35.726
201706 0.000 101.180 0.000
201709 7.081 101.343 11.394
201712 -12.036 102.564 -19.136
201803 -13.736 102.564 -21.839
201806 -17.434 103.378 -27.501
201809 -21.723 103.378 -34.266
201812 -22.411 103.785 -35.213
201903 -23.410 104.274 -36.610
201906 -23.455 105.983 -36.089
201909 -23.959 105.983 -36.864
201912 -23.158 107.123 -35.253
202003 -23.765 109.076 -35.529
202006 -24.150 109.402 -35.997
202009 -24.458 109.320 -36.483
202012 -24.829 109.565 -36.954
202103 -25.673 112.658 -37.161
202106 -25.809 113.960 -36.931
202109 -25.978 115.588 -36.649
202112 -0.618 119.088 -0.846
202203 -27.115 125.031 -35.365
202206 -27.551 131.705 -34.112
202209 -28.335 135.531 -34.092
202212 0.563 139.113 0.660
202303 0.625 145.950 0.698
202306 0.000 147.009 0.000
202309 0.759 146.113 0.847
202312 1.156 147.741 1.276
202403 1.268 149.044 1.387
202406 1.490 150.997 1.609
202409 1.687 153.439 1.793
202412 1.748 154.660 1.843
202503 1.862 157.021 1.934
202506 1.911 157.509 1.978
202509 1.998 158.000 2.062
202512 2.033 158.320 2.094
202603 2.070 163.070 2.070

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.

Is Capitea (WAR:CAP) Overvalued in 2026?

Based on GuruFocus' analysis, Capitea stock appears to be undervalued. The current stock price of zł0.46 is trading 2.1% below its estimated GF Value™ of zł0.47. GuruFocus considers Capitea to be Fairly Valued.

Key valuation signals for WAR:CAP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: zł0.47 vs. price of zł0.46 (2.1% below fair value)
  • GF Score™: 60/100 with 2 warning signs

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


Capitea Business Description

Address rtm. Witolda Pileckiego 63 Street, Warszawa, POL, 02-781
Capitea SA, formerly Getback Spolka Akcyjna is an account receivable manager engaged in the recovery of acquired debts and management of debt portfolios in securitization funds, including restructuring and recovery of acquired debts.
60GF Score

Get the complete analysis for WAR:CAP

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

zł0.46
Price
zł0.47
GF Value