Elektrotim (WAR:ELT) Cyclically Adjusted PB Ratio: 5.86 (As of Aug. 12, 2026) — 598% Above Median

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WAR:ELT Elektrotim SA WAR:ELT
76 GF Score
Price zł66.25
GF Value zł43.89
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Elektrotim Cyclically Adjusted PB Ratio?

Elektrotim WAR:ELT -1.41% 76 Cyclically Adjusted PB Ratio is 5.86 as of Aug. 12, 2026, which is 598% above its 10-year median of 0.84. GuruFocus rates WAR:ELT with a GF Score™ of 76/100 and a GF Value™ of zł43.89 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,242 Industrial Products companies, Elektrotim ranks worse than 81.18% on this metric.

As of today (2026-08-12), Elektrotim's current share price is zł66.25. Elektrotim's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł11.30. Elektrotim's Cyclically Adjusted PB Ratio for today is 5.86.

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

WAR:ELT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.84   Max: 5.95
Current: 5.95

During the past years, Elektrotim's highest Cyclically Adjusted PB Ratio was 5.95. The lowest was 0.39. And the median was 0.84.

WAR:ELT's Cyclically Adjusted PB Ratio is ranked worse than
81.18% of 2242 companies
in the Industrial Products industry
Industry Median: 2.19 vs WAR:ELT: 5.95

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.

Elektrotim's adjusted book value per share data for the three months ended in Mar. 2026 was zł13.997. 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 zł11.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elektrotim  (WAR:ELT) 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.


Elektrotim Cyclically Adjusted PB Ratio Related Terms


Elektrotim Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Elektrotim'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.

Elektrotim Cyclically Adjusted PB Ratio Chart

Elektrotim 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 0.64 0.74 1.78 3.51 4.17

Elektrotim 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 4.29 4.40 4.73 4.17 4.25

WAR:ELT vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Elektrotim'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.


Elektrotim Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elektrotim's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:ELT
76GF Score
Elektrotim SA WAR:ELT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elektrotim 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.25/11.30
=5.86

* 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.

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

For example, Elektrotim'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)
=13.997/163.0700*163.0700
=13.997

Current CPI (Mar. 2026) = 163.0700.

Elektrotim Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.891 99.552 12.926
201609 8.022 99.064 13.205
201612 8.291 100.366 13.471
201703 7.967 101.018 12.861
201706 7.336 101.180 11.823
201709 7.745 101.343 12.462
201712 7.481 102.564 11.894
201803 7.037 102.564 11.188
201806 6.803 103.378 10.731
201809 6.844 103.378 10.796
201812 7.023 103.785 11.035
201903 6.591 104.274 10.307
201906 5.425 105.983 8.347
201909 5.312 105.983 8.173
201912 5.307 107.123 8.079
202003 5.722 109.076 8.554
202006 5.990 109.402 8.928
202009 6.188 109.320 9.230
202012 6.962 109.565 10.362
202103 6.813 112.658 9.862
202106 7.123 113.960 10.193
202109 7.311 115.588 10.314
202112 7.631 119.088 10.449
202203 7.090 125.031 9.247
202206 7.158 131.705 8.863
202209 8.268 135.531 9.948
202212 9.822 139.113 11.513
202303 10.398 145.950 11.618
202306 10.019 147.009 11.114
202309 10.994 146.113 12.270
202312 10.547 147.741 11.641
202403 12.656 149.044 13.847
202406 10.961 150.997 11.837
202409 12.601 153.439 13.392
202412 13.431 154.660 14.161
202503 13.859 157.021 14.393
202506 11.665 157.509 12.077
202509 12.310 158.000 12.705
202512 13.823 158.320 14.238
202603 13.997 163.070 13.997

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 5.86 mean?
Elektrotim (WAR:ELT) has a Cyclically Adjusted PB Ratio of 5.86 as of Aug. 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 Elektrotim and its competitors. This is 598% above median its historical median of 0.84. Over the past decade, Elektrotim's Cyclically Adjusted PB Ratio has ranged from 0.39 to 5.95. According to the industry distribution chart, Elektrotim ranks #1820 out of 2242 companies in the Industrial Products industry, placing it in the top 81.2%.
Is Elektrotim's Cyclically Adjusted PB Ratio too high?
Elektrotim's current Cyclically Adjusted PB Ratio of 5.86 is 598% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 5.95. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.19. Elektrotim's value of 5.86 is 167.6% above this industry median. Based on the distribution chart, Elektrotim ranks #1820 out of 2242 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Elektrotim has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elektrotim's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Elektrotim ranks #1820 out of 2242 companies for Cyclically Adjusted PB Ratio. This places Elektrotim in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.19. Elektrotim's value of 5.86 is 167.6% above this benchmark. Historically, Elektrotim's own Cyclically Adjusted PB Ratio has ranged from 0.39 to 5.95 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 2.19, Elektrotim 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.19, based on 2,242 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. Elektrotim's current Cyclically Adjusted PB Ratio of 5.86 is 167.6% 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 Elektrotim and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elektrotim's current Cyclically Adjusted PB Ratio is 5.86, which is 598% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrotim stock overvalued right now?
Based on GuruFocus' analysis, Elektrotim (WAR:ELT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł43.89, compared to a current price of zł66.25 — trading 50.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.86, which is 598% above median its 10-year median of 0.84 and 167.6% above the Industrial Products industry median of 2.19. Elektrotim's overall GF Score™ is 76/100 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 Elektrotim (WAR:ELT), the current Cyclically Adjusted PB Ratio is 5.86 as of Aug. 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 Elektrotim (WAR:ELT) Overvalued in 2026?

Based on GuruFocus' analysis, Elektrotim stock appears to be overvalued. The current stock price of zł66.25 is trading 50.9% above its estimated GF Value™ of zł43.89. GuruFocus considers Elektrotim to be Significantly Overvalued.

Key valuation signals for WAR:ELT:

  • Cyclically Adjusted PB Ratio: 5.86 (598% above median its 10-year median of 0.84)
  • GF Value™: zł43.89 vs. price of zł66.25 (50.9% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 167.6% above the Industrial Products median (#1820 of 2242)

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


Elektrotim Business Description

Address ul Stargardzka 8, Wroclaw, POL, 54-156
Elektrotim SA together with its subsidiaries is involved in providing, installation, networks, high voltage, and project management services in Poland. It offers electrical installations, such as electrical switchgear, power distribution wiring systems, and low-current wiring systems; and maintenance for traffic engineering, traffic signals and lighting, and sanitary networks.
76GF Score

Get the complete analysis for WAR:ELT

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

zł66.25
Price
zł43.89
GF Value