Euvic (WAR:EUV) Cyclically Adjusted PB Ratio: 1.23 (As of Aug. 01, 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:EUV Euvic SA WAR:EUV
73 GF Score
Price zł22.60
GF Value zł18.81
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Euvic Cyclically Adjusted PB Ratio?

Euvic WAR:EUV -5.83% 73 Cyclically Adjusted PB Ratio is 1.23 as of Aug. 01, 2026, which is 6% below its 10-year median of 1.31. GuruFocus rates WAR:EUV with a GF Score™ of 73/100 and a GF Value™ of zł18.81 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,576 Software companies, Euvic ranks better than 67.39% on this metric.

As of today (2026-08-01), Euvic's current share price is zł22.60. Euvic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł18.42. Euvic's Cyclically Adjusted PB Ratio for today is 1.23.

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

WAR:EUV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.31   Max: 2.22
Current: 1.29

During the past years, Euvic's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 0.89. And the median was 1.31.

WAR:EUV's Cyclically Adjusted PB Ratio is ranked better than
67.39% of 1576 companies
in the Software industry
Industry Median: 2.235 vs WAR:EUV: 1.29

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.

Euvic's adjusted book value per share data for the three months ended in Mar. 2026 was zł7.289. 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 zł18.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euvic  (WAR:EUV) 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.


Euvic Cyclically Adjusted PB Ratio Related Terms


Euvic Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Euvic'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.

Euvic Cyclically Adjusted PB Ratio Chart

Euvic 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 2.10 1.22 1.04 1.16 1.75

Euvic 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 1.09 1.55 1.43 1.75 1.30

WAR:EUV vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Euvic'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.


Euvic Cyclically Adjusted PB Ratio vs Software Industry

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

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


WAR:EUV
73GF Score
Euvic SA WAR:EUV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euvic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.60/18.42
=1.23

* 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.

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

For example, Euvic'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)
=7.289/163.0700*163.0700
=7.289

Current CPI (Mar. 2026) = 163.0700.

Euvic Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.038 99.552 14.805
201609 9.152 99.064 15.065
201612 9.495 100.366 15.427
201703 9.726 101.018 15.700
201706 9.853 101.180 15.880
201709 10.660 101.343 17.153
201712 10.885 102.564 17.306
201803 11.021 102.564 17.523
201806 11.807 103.378 18.625
201809 12.033 103.378 18.981
201812 12.057 103.785 18.944
201903 12.206 104.274 19.089
201906 12.679 105.983 19.508
201909 12.993 105.983 19.992
201912 12.915 107.123 19.660
202003 13.938 109.076 20.837
202006 13.690 109.402 20.406
202009 14.157 109.320 21.118
202012 14.653 109.565 21.809
202103 15.020 112.658 21.741
202106 15.034 113.960 21.513
202109 15.991 115.588 22.560
202112 16.774 119.088 22.969
202203 16.852 125.031 21.979
202206 16.934 131.705 20.967
202209 17.295 135.531 20.809
202212 16.771 139.113 19.659
202303 16.622 145.950 18.572
202306 16.058 147.009 17.812
202309 16.416 146.113 18.321
202312 15.795 147.741 17.434
202403 16.771 149.044 18.349
202406 17.134 150.997 18.504
202409 17.655 153.439 18.763
202412 16.795 154.660 17.708
202503 15.582 157.021 16.182
202506 14.866 157.509 15.391
202509 16.290 158.000 16.813
202512 15.287 158.320 15.746
202603 7.289 163.070 7.289

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 1.23 mean?
Euvic (WAR:EUV) has a Cyclically Adjusted PB Ratio of 1.23 as of Aug. 01, 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 Euvic and its competitors. This is near median its historical median of 1.31. Over the past decade, Euvic's Cyclically Adjusted PB Ratio has ranged from 0.89 to 2.22. According to the industry distribution chart, Euvic ranks #514 out of 1576 companies in the Software industry, placing it in the top 32.6%.
Is Euvic's Cyclically Adjusted PB Ratio too high?
Euvic's current Cyclically Adjusted PB Ratio of 1.23 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 2.22. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Euvic's value of 1.23 is 45% below this industry median. Based on the distribution chart, Euvic ranks #514 out of 1576 companies in the Software industry, which is above the industry midpoint. Overall, Euvic has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Euvic's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Euvic ranks #514 out of 1576 companies for Cyclically Adjusted PB Ratio. This puts Euvic in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Euvic's value of 1.23 is 45% below this benchmark. Historically, Euvic's own Cyclically Adjusted PB Ratio has ranged from 0.89 to 2.22 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 2.24, Euvic 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,576 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. Euvic's current Cyclically Adjusted PB Ratio of 1.23 is 45% 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 Euvic and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euvic's current Cyclically Adjusted PB Ratio is 1.23, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euvic stock overvalued right now?
Based on GuruFocus' analysis, Euvic (WAR:EUV) is currently considered Modestly Overvalued. The stock's GF Value™ is zł18.81, compared to a current price of zł22.60 — trading 20.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.23, which is near median its 10-year median of 1.31 and 45% below the Software industry median of 2.24. Euvic's overall GF Score™ is 73/100 with 8 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 Euvic (WAR:EUV), the current Cyclically Adjusted PB Ratio is 1.23 as of Aug. 01, 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 Euvic (WAR:EUV) Overvalued in 2026?

Based on GuruFocus' analysis, Euvic stock appears to be overvalued. The current stock price of zł22.60 is trading 20.1% above its estimated GF Value™ of zł18.81. GuruFocus considers Euvic to be Modestly Overvalued.

Key valuation signals for WAR:EUV:

  • Cyclically Adjusted PB Ratio: 1.23 (near median its 10-year median of 1.31)
  • GF Value™: zł18.81 vs. price of zł22.60 (20.1% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 45% below the Software median (#514 of 1576)

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


Euvic Business Description

Address ul. Przewozowa 32, Gliwice, POL, 44-100
Euvic SA is a technology company. Its activities include software development, IT infrastructure design and maintenance, distribution of technological solutions, and servicing of modern consumer electronics and IT equipment. The company operates in Poland, Western Europe, the USA, Dubai and Ukraine.
73GF Score

Get the complete analysis for WAR:EUV

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

zł22.60
Price
zł18.81
GF Value