Korporacja Gospodarcza Efekt (WAR:EFK) Cyclically Adjusted PB Ratio: 0.33 (As of Sep. 04, 2026) — 44% Below Median

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WAR:EFK Korporacja Gospodarcza Efekt SA WAR:EFK
75 GF Score
Price zł5.75
GF Value zł5.52
Valuation Fairly Valued
! 3 Warning Signs
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What is Korporacja Gospodarcza Efekt Cyclically Adjusted PB Ratio?

Korporacja Gospodarcza Efekt WAR:EFK 75 Cyclically Adjusted PB Ratio is 0.33 as of Sep. 04, 2026, which is 44% below its 10-year median of 0.59. GuruFocus rates WAR:EFK with a GF Score™ of 75/100 and a GF Value™ of zł5.52 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,301 Real Estate companies, Korporacja Gospodarcza Efekt ranks better than 72.02% on this metric.

As of today (2026-09-04), Korporacja Gospodarcza Efekt's current share price is zł5.75. Korporacja Gospodarcza Efekt's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł17.59. Korporacja Gospodarcza Efekt's Cyclically Adjusted PB Ratio for today is 0.33.

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

WAR:EFK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.59   Max: 1.72
Current: 0.32

During the past years, Korporacja Gospodarcza Efekt's highest Cyclically Adjusted PB Ratio was 1.72. The lowest was 0.31. And the median was 0.59.

WAR:EFK's Cyclically Adjusted PB Ratio is ranked better than
72.02% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs WAR:EFK: 0.32

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.

Korporacja Gospodarcza Efekt's adjusted book value per share data for the three months ended in Mar. 2026 was zł28.632. 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 zł17.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korporacja Gospodarcza Efekt  (WAR:EFK) 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.


Korporacja Gospodarcza Efekt Cyclically Adjusted PB Ratio Related Terms


Korporacja Gospodarcza Efekt Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Korporacja Gospodarcza Efekt'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.

Korporacja Gospodarcza Efekt Cyclically Adjusted PB Ratio Chart

Korporacja Gospodarcza Efekt 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 0.91 0.58 0.60 0.49 0.33

Korporacja Gospodarcza Efekt 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 0.42 0.36 0.33 0.33 0.32

WAR:EFK vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Korporacja Gospodarcza Efekt'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.


Korporacja Gospodarcza Efekt Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Korporacja Gospodarcza Efekt's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:EFK
75GF Score
Korporacja Gospodarcza Efekt SA WAR:EFK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Korporacja Gospodarcza Efekt 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.

Korporacja Gospodarcza Efekt's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.75/17.59
=0.33

* 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.

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

For example, Korporacja Gospodarcza Efekt'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)
=28.632/163.0700*163.0700
=28.632

Current CPI (Mar. 2026) = 163.0700.

Korporacja Gospodarcza Efekt Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.432 99.552 7.260
201609 5.201 99.064 8.561
201612 5.269 100.366 8.561
201703 4.771 101.018 7.702
201706 4.978 101.180 8.023
201709 5.678 101.343 9.136
201712 5.858 102.564 9.314
201803 5.720 102.564 9.094
201806 5.888 103.378 9.288
201809 6.471 103.378 10.207
201812 6.563 103.785 10.312
201903 6.393 104.274 9.998
201906 6.892 105.983 10.604
201909 6.982 105.983 10.743
201912 10.415 107.123 15.855
202003 10.403 109.076 15.553
202006 9.380 109.402 13.981
202009 10.003 109.320 14.921
202012 15.281 109.565 22.743
202103 15.667 112.658 22.678
202106 15.894 113.960 22.743
202109 16.405 115.588 23.144
202112 16.621 119.088 22.759
202203 16.723 125.031 21.811
202206 16.709 131.705 20.688
202209 17.681 135.531 21.274
202212 15.219 139.113 17.840
202303 15.550 145.950 17.374
202306 16.092 147.009 17.850
202309 17.373 146.113 19.389
202312 23.197 147.741 25.604
202403 23.911 149.044 26.161
202406 22.854 150.997 24.681
202409 24.082 153.439 25.594
202412 24.354 154.660 25.678
202503 24.931 157.021 25.891
202506 25.071 157.509 25.956
202509 26.276 158.000 27.119
202512 28.170 158.320 29.015
202603 28.632 163.070 28.632

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 0.33 mean?
Korporacja Gospodarcza Efekt (WAR:EFK) has a Cyclically Adjusted PB Ratio of 0.33 as of Sep. 04, 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 Korporacja Gospodarcza Efekt and its competitors. This is 44% below median its historical median of 0.59. Over the past decade, Korporacja Gospodarcza Efekt's Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.72. According to the industry distribution chart, Korporacja Gospodarcza Efekt ranks #364 out of 1301 companies in the Real Estate industry, placing it in the top 28%.
Is Korporacja Gospodarcza Efekt's Cyclically Adjusted PB Ratio too high?
Korporacja Gospodarcza Efekt's current Cyclically Adjusted PB Ratio of 0.33 is 44% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.72. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Korporacja Gospodarcza Efekt's value of 0.33 is 50.7% below this industry median. Based on the distribution chart, Korporacja Gospodarcza Efekt ranks #364 out of 1301 companies in the Real Estate industry, which is above the industry midpoint. Overall, Korporacja Gospodarcza Efekt has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Korporacja Gospodarcza Efekt's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Korporacja Gospodarcza Efekt ranks #364 out of 1301 companies for Cyclically Adjusted PB Ratio. This puts Korporacja Gospodarcza Efekt in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Korporacja Gospodarcza Efekt's value of 0.33 is 50.7% below this benchmark. Historically, Korporacja Gospodarcza Efekt's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.72 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.67, Korporacja Gospodarcza Efekt 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,301 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. Korporacja Gospodarcza Efekt's current Cyclically Adjusted PB Ratio of 0.33 is 50.7% 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 Korporacja Gospodarcza Efekt and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korporacja Gospodarcza Efekt's current Cyclically Adjusted PB Ratio is 0.33, which is 44% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korporacja Gospodarcza Efekt stock overvalued right now?
Based on GuruFocus' analysis, Korporacja Gospodarcza Efekt (WAR:EFK) is currently considered Fairly Valued. The stock's GF Value™ is zł5.52, compared to a current price of zł5.75 — trading 4.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.33, which is 44% below median its 10-year median of 0.59 and 50.7% below the Real Estate industry median of 0.67. Korporacja Gospodarcza Efekt's overall GF Score™ is 75/100 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 Korporacja Gospodarcza Efekt (WAR:EFK), the current Cyclically Adjusted PB Ratio is 0.33 as of Sep. 04, 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 Korporacja Gospodarcza Efekt (WAR:EFK) Overvalued in 2026?

Based on GuruFocus' analysis, Korporacja Gospodarcza Efekt stock appears to be overvalued. The current stock price of zł5.75 is trading 4.2% above its estimated GF Value™ of zł5.52. GuruFocus considers Korporacja Gospodarcza Efekt to be Fairly Valued.

Key valuation signals for WAR:EFK:

  • Cyclically Adjusted PB Ratio: 0.33 (44% below median its 10-year median of 0.59)
  • GF Value™: zł5.52 vs. price of zł5.75 (4.2% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 50.7% below the Real Estate median (#364 of 1301)

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


Korporacja Gospodarcza Efekt Business Description

Address Ul Opolska 12, Krakow, POL, 31-323
Korporacja Gospodarcza Efekt SA through its subsidiaries engages in the wholesale and retail trade, as well as in renting, leasing, and managing real estate.
75GF Score

Get the complete analysis for WAR:EFK

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

zł5.75
Price
zł5.52
GF Value