Di Volio (WAR:DIV) Cyclically Adjusted PB Ratio: 1.69 (As of Jul. 22, 2026) — 504% Above 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:DIV Di Volio SA WAR:DIV
26 GF Score
Price zł3.18
! 3 Warning Signs
View Full Analysis

What is Di Volio Cyclically Adjusted PB Ratio?

Di Volio WAR:DIV +12.77% 26 Cyclically Adjusted PB Ratio is 1.69 as of Jul. 22, 2026, which is 504% above its 10-year median of 0.28. GuruFocus rates WAR:DIV with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 809 Retail - Cyclical companies, Di Volio ranks worse than 60.07% on this metric.

As of today (2026-07-22), Di Volio's current share price is zł3.18. Di Volio's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł1.88. Di Volio's Cyclically Adjusted PB Ratio for today is 1.69.

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

WAR:DIV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.28   Max: 1.71
Current: 1.62

During the past years, Di Volio's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.09. And the median was 0.28.

WAR:DIV's Cyclically Adjusted PB Ratio is ranked worse than
60.07% of 809 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs WAR:DIV: 1.62

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.

Di Volio's adjusted book value per share data for the three months ended in Mar. 2026 was zł0.277. 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 zł1.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Di Volio  (WAR:DIV) 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.


Di Volio Cyclically Adjusted PB Ratio Related Terms


Di Volio Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Di Volio'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.

Di Volio Cyclically Adjusted PB Ratio Chart

Di Volio 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 0.22 0.11 0.38 0.79

Di Volio 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 0.29 0.39 0.75 0.79 1.70

WAR:DIV vs CASY, WSM, DKS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Di Volio'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.


Di Volio Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Di Volio's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:DIV
26GF Score
Di Volio SA WAR:DIV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Di Volio 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.

Di Volio's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.18/1.88
=1.69

* 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.

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

For example, Di Volio'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)
=0.277/163.0700*163.0700
=0.277

Current CPI (Mar. 2026) = 163.0700.

Di Volio Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.432 99.552 10.536
201609 6.428 99.064 10.581
201612 6.010 100.366 9.765
201703 6.006 101.018 9.695
201706 6.008 101.180 9.683
201709 6.010 101.343 9.671
201712 1.676 102.564 2.665
201803 5.984 102.564 9.514
201806 1.670 103.378 2.634
201809 1.665 103.378 2.626
201812 -0.387 103.785 -0.608
201903 1.671 104.274 2.613
201906 -0.393 105.983 -0.605
201909 -0.401 105.983 -0.617
201912 -0.345 107.123 -0.525
202003 -0.385 109.076 -0.576
202006 -0.335 109.402 -0.499
202009 -0.337 109.320 -0.503
202012 -0.358 109.565 -0.533
202103 -0.357 112.658 -0.517
202106 -0.033 113.960 -0.047
202109 -0.035 115.588 -0.049
202112 -0.055 119.088 -0.075
202203 -0.040 125.031 -0.052
202206 -0.064 131.705 -0.079
202209 -0.070 135.531 -0.084
202212 -0.077 139.113 -0.090
202303 -0.082 145.950 -0.092
202306 -0.085 147.009 -0.094
202309 -0.090 146.113 -0.100
202312 -0.077 147.741 -0.085
202403 -0.082 149.044 -0.090
202406 -0.091 150.997 -0.098
202409 0.098 153.439 0.104
202412 0.094 154.660 0.099
202503 0.101 157.021 0.105
202506 0.135 157.509 0.140
202509 0.131 158.000 0.135
202512 0.261 158.320 0.269
202603 0.277 163.070 0.277

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 1.69 mean?
Di Volio (WAR:DIV) has a Cyclically Adjusted PB Ratio of 1.69 as of Jul. 22, 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 Di Volio and its competitors. This is 504% above median its historical median of 0.28. Over the past decade, Di Volio's Cyclically Adjusted PB Ratio has ranged from 0.09 to 1.71. According to the industry distribution chart, Di Volio ranks #486 out of 809 companies in the Retail - Cyclical industry, placing it in the top 60.1%.
Is Di Volio's Cyclically Adjusted PB Ratio too high?
Di Volio's current Cyclically Adjusted PB Ratio of 1.69 is 504% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.71. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Di Volio's value of 1.69 is 36.3% above this industry median. Based on the distribution chart, Di Volio ranks #486 out of 809 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Di Volio has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Di Volio's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Di Volio ranks #486 out of 809 companies for Cyclically Adjusted PB Ratio. This places Di Volio in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Di Volio's value of 1.69 is 36.3% above this benchmark. Historically, Di Volio's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 1.71 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 1.24, Di Volio has consistently been above 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 809 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. Di Volio's current Cyclically Adjusted PB Ratio of 1.69 is 36.3% above 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 Di Volio and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Di Volio's current Cyclically Adjusted PB Ratio is 1.69, which is 504% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Di Volio stock overvalued right now?
Di Volio (WAR:DIV) has a current Cyclically Adjusted PB Ratio of 1.69. The current Cyclically Adjusted PB Ratio is 1.69, which is 504% above median its 10-year median of 0.28 and 36.3% above the Retail - Cyclical industry median of 1.24. Di Volio's overall GF Score™ is 26/100 with 3 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 Di Volio (WAR:DIV), the current Cyclically Adjusted PB Ratio is 1.69 as of Jul. 22, 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.

Di Volio Business Description

Address ul. Ruska 11/12, Wroclaw, POL, 50-079
Di Volio SA Formerly Grupa Trinity SA provides services in the field of transaction advisory, legal advice and investments. Transaction advisory area deals with mergers and acquisitions, Legal advice is mainly into capital law sector, supporting companies in the processes related to their sale, restructuring or auditing. Whereas Investment activity offers Financing in venture capital and private equity.
26GF Score

Get the complete analysis for WAR:DIV

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

zł3.18
Price