Editel (WAR:EDL) Cyclically Adjusted PB Ratio: 3.28 (As of Sep. 12, 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:EDL Editel SA WAR:EDL
80 GF Score
Price zł6.40
GF Value zł6.27
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Editel Cyclically Adjusted PB Ratio?

Editel WAR:EDL 80 Cyclically Adjusted PB Ratio is 3.28 as of Sep. 12, 2026, which is 9% above its 10-year median of 3.01. GuruFocus rates WAR:EDL with a GF Score™ of 80/100 and a GF Value™ of zł6.27 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,466 Software companies, Editel ranks worse than 61.12% on this metric.

As of today (2026-09-12), Editel's current share price is zł6.40. Editel's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was zł1.95. Editel's Cyclically Adjusted PB Ratio for today is 3.28.

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

WAR:EDL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.9   Med: 3.01   Max: 6.75
Current: 3.29

During the past years, Editel's highest Cyclically Adjusted PB Ratio was 6.75. The lowest was 1.90. And the median was 3.01.

WAR:EDL's Cyclically Adjusted PB Ratio is ranked worse than
61.12% of 1466 companies
in the Software industry
Industry Median: 2.37 vs WAR:EDL: 3.29

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.

Editel's adjusted book value per share data for the three months ended in Jun. 2026 was zł2.231. 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 zł1.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Editel  (WAR:EDL) 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.


Editel Cyclically Adjusted PB Ratio Related Terms


Editel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Editel'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.

Editel Cyclically Adjusted PB Ratio Chart

Editel 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 6.13 3.20 2.94 2.26 3.03

Editel 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 2.77 2.88 3.03 2.55 2.72

WAR:EDL vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Editel'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.


Editel Cyclically Adjusted PB Ratio vs Software Industry

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

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


WAR:EDL
80GF Score
Editel SA WAR:EDL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Editel 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.40/1.95
=3.28

* 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.

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

For example, Editel'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)
=2.231/162.2800*162.2800
=2.231

Current CPI (Jun. 2026) = 162.2800.

Editel Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.933 99.064 1.528
201612 0.930 100.366 1.504
201703 1.499 101.018 2.408
201706 1.536 101.180 2.464
201709 1.658 101.343 2.655
201712 1.774 102.564 2.807
201803 1.726 102.564 2.731
201806 1.526 103.378 2.395
201809 1.288 103.378 2.022
201812 0.796 103.785 1.245
201903 0.888 104.274 1.382
201906 0.675 105.983 1.034
201909 0.725 105.983 1.110
201912 0.761 107.123 1.153
202003 0.858 109.076 1.277
202006 0.913 109.402 1.354
202009 0.955 109.320 1.418
202012 1.033 109.565 1.530
202103 1.140 112.658 1.642
202106 1.263 113.960 1.799
202109 1.328 115.588 1.864
202112 1.368 119.088 1.864
202203 1.498 125.031 1.944
202206 1.597 131.705 1.968
202209 1.638 135.531 1.961
202212 1.688 139.113 1.969
202303 1.733 145.950 1.927
202306 1.778 147.009 1.963
202309 1.898 146.113 2.108
202312 2.073 147.741 2.277
202403 2.145 149.044 2.335
202406 1.982 150.997 2.130
202409 2.062 153.439 2.181
202412 2.265 154.660 2.377
202503 2.300 157.021 2.377
202506 2.053 157.509 2.115
202509 2.104 158.000 2.161
202512 2.203 158.320 2.258
202603 2.398 163.070 2.386
202606 2.231 162.280 2.231

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 3.28 mean?
Editel (WAR:EDL) has a Cyclically Adjusted PB Ratio of 3.28 as of Sep. 12, 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 Editel and its competitors. This is near median its historical median of 3.01. Over the past decade, Editel's Cyclically Adjusted PB Ratio has ranged from 1.90 to 6.75. According to the industry distribution chart, Editel ranks #896 out of 1466 companies in the Software industry, placing it in the top 61.1%.
Is Editel's Cyclically Adjusted PB Ratio too high?
Editel's current Cyclically Adjusted PB Ratio of 3.28 is near median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 6.75. The Software industry median Cyclically Adjusted PB Ratio is 2.37. Editel's value of 3.28 is 38.4% above this industry median. Based on the distribution chart, Editel ranks #896 out of 1466 companies in the Software industry, which is below the industry midpoint. Overall, Editel has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Editel's Cyclically Adjusted PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Editel ranks #896 out of 1466 companies for Cyclically Adjusted PB Ratio. This places Editel in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.37. Editel's value of 3.28 is 38.4% above this benchmark. Historically, Editel's own Cyclically Adjusted PB Ratio has ranged from 1.90 to 6.75 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 2.37, Editel 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 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. Editel's current Cyclically Adjusted PB Ratio of 3.28 is 38.4% 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 Editel 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. Editel's current Cyclically Adjusted PB Ratio is 3.28, which is near median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Editel stock overvalued right now?
Based on GuruFocus' analysis, Editel (WAR:EDL) is currently considered Fairly Valued. The stock's GF Value™ is zł6.27, compared to a current price of zł6.40 — trading 2.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.28, which is near median its 10-year median of 3.01 and 38.4% above the Software industry median of 2.37. Editel's overall GF Score™ is 80/100 with 6 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 Editel (WAR:EDL), the current Cyclically Adjusted PB Ratio is 3.28 as of Sep. 12, 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 Editel (WAR:EDL) Overvalued in 2026?

Based on GuruFocus' analysis, Editel stock appears to be overvalued. The current stock price of zł6.40 is trading 2.1% above its estimated GF Value™ of zł6.27. GuruFocus considers Editel to be Fairly Valued.

Key valuation signals for WAR:EDL:

  • Cyclically Adjusted PB Ratio: 3.28 (near median its 10-year median of 3.01)
  • GF Value™: zł6.27 vs. price of zł6.40 (2.1% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 38.4% above the Software median (#896 of 1466)

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


Editel Business Description

Address ul. Dobrego Pasterza 122A, Krakow, POL, 31-416
Editel SA is an international EDI service provider with numerous offices in various countries. The company provides digital solutions to support organizations of various industries and sizes in optimizing processes across the value chain. The company's service offerings is its EDI platform, a network for electronic data interchange. Through a single connection, it allows customers to exchange business documents-including orders, delivery notes, and invoices-with their business partners based in various countries, in an automated and real-time manner.
80GF Score

Get the complete analysis for WAR:EDL

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

zł6.40
Price
zł6.27
GF Value