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.
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.
DANKS -Europejskie Centrum Doradztwa PodatkowegoWAR:DNS 46 Cyclically Adjusted PB Ratio is 0.47 as of Sep. 07, 2026, which is 2% above its 10-year median of 0.46. GuruFocus rates WAR:DNS with a GF Score™ of 46/100 and a GF Value™ of zł0.74 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 688 Business Services companies, DANKS -Europejskie Centrum Doradztwa Podatkowego ranks better than 85.17% on this metric.
WAR:DNS's Cyclically Adjusted PB Ratio is ranked better than 85.17% of 688
companies
in the Business Services industry
Industry Median: 1.54
vs WAR:DNS: 0.47
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.
DANKS -Europejskie Centrum Doradztwa Podatkowego's adjusted book value per share data for the three months ended in Jun. 2026 was zł1.839. 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 zł1.73 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
DANKS -Europejskie Centrum Doradztwa Podatkowego (WAR:DNS) 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.
DANKS -Europejskie Centrum Doradztwa Podatkowego Cyclically Adjusted PB Ratio Related Terms
DANKS -Europejskie Centrum Doradztwa Podatkowego Cyclically Adjusted PB Ratio Historical Data
* 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.
DANKS -Europejskie Centrum Doradztwa Podatkowego Cyclically Adjusted PB Ratio Chart
DANKS -Europejskie Centrum Doradztwa Podatkowego Annual Data
WAR:DNS vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison
For the Specialty Business Services subindustry, DANKS -Europejskie Centrum Doradztwa Podatkowego'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.
DANKS -Europejskie Centrum Doradztwa Podatkowego Cyclically Adjusted PB Ratio vs Business Services Industry
DANKS -Europejskie Centrum Doradztwa Podatkowego 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.
* 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.
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 0.47 mean?
DANKS -Europejskie Centrum Doradztwa Podatkowego (WAR:DNS) has a Cyclically Adjusted PB Ratio of 0.47 as of Sep. 07, 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 DANKS -Europejskie Centrum Doradztwa Podatkowego and its competitors. This is near median its historical median of 0.46. Over the past decade, DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.69. According to the industry distribution chart, DANKS -Europejskie Centrum Doradztwa Podatkowego ranks #102 out of 688 companies in the Business Services industry, placing it in the top 14.8%.
Is DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio too high?
DANKS -Europejskie Centrum Doradztwa Podatkowego's current Cyclically Adjusted PB Ratio of 0.47 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.69. The Business Services industry median Cyclically Adjusted PB Ratio is 1.54. DANKS -Europejskie Centrum Doradztwa Podatkowego's value of 0.47 is 69.5% below this industry median. Based on the distribution chart, DANKS -Europejskie Centrum Doradztwa Podatkowego ranks #102 out of 688 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, DANKS -Europejskie Centrum Doradztwa Podatkowego has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, DANKS -Europejskie Centrum Doradztwa Podatkowego ranks #102 out of 688 companies for Cyclically Adjusted PB Ratio. This places DANKS -Europejskie Centrum Doradztwa Podatkowego in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.54. DANKS -Europejskie Centrum Doradztwa Podatkowego's value of 0.47 is 69.5% below this benchmark. Historically, DANKS -Europejskie Centrum Doradztwa Podatkowego's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.69 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 1.54, DANKS -Europejskie Centrum Doradztwa Podatkowego 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.54, based on 688 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. DANKS -Europejskie Centrum Doradztwa Podatkowego's current Cyclically Adjusted PB Ratio of 0.47 is 69.5% 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 DANKS -Europejskie Centrum Doradztwa Podatkowego and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DANKS -Europejskie Centrum Doradztwa Podatkowego's current Cyclically Adjusted PB Ratio is 0.47, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DANKS -Europejskie Centrum Doradztwa Podatkowego stock overvalued right now?
Based on GuruFocus' analysis, DANKS -Europejskie Centrum Doradztwa Podatkowego (WAR:DNS) is currently considered Modestly Overvalued. The stock's GF Value™ is zł0.74, compared to a current price of zł0.82 — trading 10.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.47, which is near median its 10-year median of 0.46 and 69.5% below the Business Services industry median of 1.54. DANKS -Europejskie Centrum Doradztwa Podatkowego's overall GF Score™ is 46/100 with 5 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 DANKS -Europejskie Centrum Doradztwa Podatkowego (WAR:DNS), the current Cyclically Adjusted PB Ratio is 0.47 as of Sep. 07, 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 DANKS -Europejskie Centrum Doradztwa Podatkowego (WAR:DNS) Overvalued in 2026?
Based on GuruFocus' analysis, DANKS -Europejskie Centrum Doradztwa Podatkowego stock appears to be overvalued.
The current stock price of zł0.82 is trading 10.8% above its estimated GF Value™ of zł0.74.
GuruFocus considers DANKS -Europejskie Centrum Doradztwa Podatkowego to be Modestly Overvalued.
Key valuation signals for WAR:DNS:
Cyclically Adjusted PB Ratio: 0.47 (near median its 10-year median of 0.46)
GF Value™: zł0.74 vs. price of zł0.82 (10.8% above fair value)
Industry Position: 69.5% below the Business Services median (#102 of 688)
No single metric tells the full story. See the WAR:DNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DANKS -Europejskie Centrum Doradztwa Podatkowego SA is engaged in providing services related to accounting and financial advisory services, particularly in the conduct of accounting and tax advice to businesses. The company services include consultancy in the field of accounting, company value valuation and financial modelling.
46GF Score
Get the complete analysis for WAR:DNS
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:DNS has been successfully added to your 
