Energoinstal (WAR:ENI) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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:ENI Energoinstal SA WAR:ENI
56 GF Score
Price zł1.95
GF Value zł1.69
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Energoinstal Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Energoinstal  (WAR:ENI) 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.


Energoinstal Cyclically Adjusted PB Ratio Related Terms


Energoinstal Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Energoinstal'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.

Energoinstal Cyclically Adjusted PB Ratio Chart

Energoinstal 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 0.19 0.10 0.59 0.19 0.53

Energoinstal 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 0.38 0.59 0.49 0.48 0.42

WAR:ENI vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Energoinstal'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.


Energoinstal Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


WAR:ENI
56GF Score
Energoinstal SA WAR:ENI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energoinstal 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.

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

For example, Energoinstal'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)
=2.315/162.2800*162.2800
=2.315

Current CPI (Jun. 2026) = 162.2800.

Energoinstal Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.879 99.064 12.907
201612 7.195 100.366 11.633
201703 6.635 101.018 10.659
201706 5.729 101.180 9.189
201709 5.403 101.343 8.652
201712 4.014 102.564 6.351
201803 2.886 102.564 4.566
201806 2.796 103.378 4.389
201809 2.962 103.378 4.650
201812 2.812 103.785 4.397
201903 2.856 104.274 4.445
201906 2.823 105.983 4.323
201909 2.903 105.983 4.445
201912 2.888 107.123 4.375
202003 2.679 109.076 3.986
202006 2.557 109.402 3.793
202009 2.849 109.320 4.229
202012 2.670 109.565 3.955
202103 2.656 112.658 3.826
202106 2.459 113.960 3.502
202109 2.551 115.588 3.581
202112 3.893 119.088 5.305
202203 3.719 125.031 4.827
202206 3.554 131.705 4.379
202209 3.186 135.531 3.815
202212 2.388 139.113 2.786
202303 2.435 145.950 2.707
202306 2.474 147.009 2.731
202309 2.543 146.113 2.824
202312 2.617 147.741 2.875
202403 2.571 149.044 2.799
202406 2.476 150.997 2.661
202409 2.328 153.439 2.462
202412 2.328 154.660 2.443
202503 2.192 157.021 2.265
202506 2.515 157.509 2.591
202509 2.516 158.000 2.584
202512 2.434 158.320 2.495
202603 2.399 163.070 2.387
202606 2.315 162.280 2.315

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.

Is Energoinstal (WAR:ENI) Overvalued in 2026?

Based on GuruFocus' analysis, Energoinstal stock appears to be overvalued. The current stock price of zł1.95 is trading 15.4% above its estimated GF Value™ of zł1.69. GuruFocus considers Energoinstal to be Modestly Overvalued.

Key valuation signals for WAR:ENI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: zł1.69 vs. price of zł1.95 (15.4% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Energoinstal Business Description

Address Al. Rozdzienskiego, 188d, Katowice, POL, 40-203
Energoinstal SA is engaged in the manufacturing and installation of boiler equipment. It also offers oil and gas-fired boiler room servicing, heat treatment of the materials and repair service for all technological and pressure installations. The company operates in the following services namely Designing and supervision, includes steel structures, energy devices, technological installations. General contracting include construction of a combined heat and power plant and construction of industrial plants. Research works in the field of include material engineering, welding and heat treatment of materials. It also operates in the construction industry.
56GF Score

Get the complete analysis for WAR:ENI

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

zł1.95
Price
zł1.69
GF Value