Delko (WAR:DEL) Cyclically Adjusted PB Ratio: 0.49 (As of Aug. 05, 2026) — 55% Below Median

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WAR:DEL Delko SA WAR:DEL
78 GF Score
Price zł5.82
GF Value zł7.28
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Delko Cyclically Adjusted PB Ratio?

Delko WAR:DEL -1.36% 78 Cyclically Adjusted PB Ratio is 0.49 as of Aug. 05, 2026, which is 55% below its 10-year median of 1.09. GuruFocus rates WAR:DEL with a GF Score™ of 78/100 and a GF Value™ of zł7.28 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,421 Consumer Packaged Goods companies, Delko ranks better than 82.34% on this metric.

As of today (2026-08-05), Delko's current share price is zł5.82. Delko's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł11.83. Delko's Cyclically Adjusted PB Ratio for today is 0.49.

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

WAR:DEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.09   Max: 3.06
Current: 0.5

During the past years, Delko's highest Cyclically Adjusted PB Ratio was 3.06. The lowest was 0.50. And the median was 1.09.

WAR:DEL's Cyclically Adjusted PB Ratio is ranked better than
82.34% of 1421 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs WAR:DEL: 0.50

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.

Delko's adjusted book value per share data for the three months ended in Mar. 2026 was zł11.738. 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 zł11.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delko  (WAR:DEL) 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.


Delko Cyclically Adjusted PB Ratio Related Terms


Delko Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Delko'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.

Delko Cyclically Adjusted PB Ratio Chart

Delko Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.52 1.26 1.12 0.86

Delko Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.67 0.61 0.57 0.70 0.52

WAR:DEL vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Delko'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.


Delko Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


WAR:DEL
78GF Score
Delko SA WAR:DEL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delko 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.82/11.83
=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.

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

For example, Delko'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)
=11.738/163.0700*163.0700
=11.738

Current CPI (Mar. 2026) = 163.0700.

Delko Quarterly Data

Book Value per Share CPI Adj_Book
201603 4.428 98.983 7.295
201606 4.504 99.552 7.378
201609 4.805 99.064 7.910
201612 4.860 100.366 7.896
201703 5.244 101.018 8.465
201706 5.311 101.180 8.560
201709 5.667 101.343 9.119
201712 5.698 102.564 9.059
201803 5.955 102.564 9.468
201806 6.073 103.378 9.580
201809 6.405 103.378 10.103
201812 6.630 103.785 10.417
201903 6.780 104.274 10.603
201906 6.975 105.983 10.732
201909 7.360 105.983 11.324
201912 7.579 107.123 11.537
202003 8.114 109.076 12.131
202006 8.215 109.402 12.245
202009 8.834 109.320 13.177
202012 8.920 109.565 13.276
202103 9.290 112.658 13.447
202106 9.475 113.960 13.558
202109 9.958 115.588 14.049
202112 10.078 119.088 13.800
202203 10.645 125.031 13.884
202206 10.896 131.705 13.491
202209 11.561 135.531 13.910
202212 12.034 139.113 14.106
202303 12.505 145.950 13.972
202309 13.481 146.113 15.046
202312 12.878 147.741 14.214
202403 13.010 149.044 14.234
202406 13.365 150.997 14.434
202409 13.469 153.439 14.314
202412 12.486 154.660 13.165
202503 12.583 157.021 13.068
202506 12.718 157.509 13.167
202509 12.738 158.000 13.147
202512 11.704 158.320 12.055
202603 11.738 163.070 11.738

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?
Delko (WAR:DEL) has a Cyclically Adjusted PB Ratio of 0.49 as of Aug. 05, 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 Delko and its competitors. This is 55% below median its historical median of 1.09. Over the past decade, Delko's Cyclically Adjusted PB Ratio has ranged from 0.50 to 3.06. According to the industry distribution chart, Delko ranks #251 out of 1421 companies in the Consumer Packaged Goods industry, placing it in the top 17.7%.
Is Delko's Cyclically Adjusted PB Ratio too high?
Delko's current Cyclically Adjusted PB Ratio of 0.49 is 55% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 3.06. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Delko's value of 0.49 is 60.8% below this industry median. Based on the distribution chart, Delko ranks #251 out of 1421 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Delko has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Delko's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Delko ranks #251 out of 1421 companies for Cyclically Adjusted PB Ratio. This places Delko in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. Delko's value of 0.49 is 60.8% below this benchmark. Historically, Delko's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 3.06 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.25, Delko 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 1.25, based on 1,421 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. Delko's current Cyclically Adjusted PB Ratio of 0.49 is 60.8% 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 Delko and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delko's current Cyclically Adjusted PB Ratio is 0.49, which is 55% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delko stock overvalued right now?
Based on GuruFocus' analysis, Delko (WAR:DEL) is currently considered Modestly Undervalued. The stock's GF Value™ is zł7.28, compared to a current price of zł5.82 — trading 20.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.49, which is 55% below median its 10-year median of 1.09 and 60.8% below the Consumer Packaged Goods industry median of 1.25. Delko's overall GF Score™ is 78/100 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 Delko (WAR:DEL), the current Cyclically Adjusted PB Ratio is 0.49 as of Aug. 05, 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 Delko (WAR:DEL) Overvalued in 2026?

Based on GuruFocus' analysis, Delko stock appears to be undervalued. The current stock price of zł5.82 is trading 20.1% below its estimated GF Value™ of zł7.28. GuruFocus considers Delko to be Modestly Undervalued.

Key valuation signals for WAR:DEL:

  • Cyclically Adjusted PB Ratio: 0.49 (55% below median its 10-year median of 1.09)
  • GF Value™: zł7.28 vs. price of zł5.82 (20.1% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 60.8% below the Consumer Packaged Goods median (#251 of 1421)

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


Delko Business Description

Address Gostynska 51, Srem, POL, 63-100
Delko SA is engaged in the wholesale distribution of household chemistry products, cosmetics and personal care products in Poland.
78GF Score

Get the complete analysis for WAR:DEL

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

zł5.82
Price
zł7.28
GF Value