Interbud-Lublin (WAR:ITB) Cyclically Adjusted PB Ratio: (As of Jul. 28, 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.
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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:ITB Interbud-Lublin SA WAR:ITB
42 GF Score
Price zł1.42
GF Value zł8.18
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is Interbud-Lublin Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Interbud-Lublin  (WAR:ITB) 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.


Interbud-Lublin Cyclically Adjusted PB Ratio Related Terms


Interbud-Lublin Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Interbud-Lublin'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.

Interbud-Lublin Cyclically Adjusted PB Ratio Chart

Interbud-Lublin 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 0.71 0.60 3.83 0.00 0.00

Interbud-Lublin 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 0.00 0.00 0.00 0.00 0.00

WAR:ITB vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Interbud-Lublin'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.


Interbud-Lublin Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Interbud-Lublin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:ITB
42GF Score
Interbud-Lublin SA WAR:ITB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Interbud-Lublin 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.

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

For example, Interbud-Lublin'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)
=0.706/163.0700*163.0700
=0.706

Current CPI (Mar. 2026) = 163.0700.

Interbud-Lublin Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.784 99.552 1.284
201609 0.650 99.064 1.070
201612 -0.347 100.366 -0.564
201703 -0.194 101.018 -0.313
201706 -0.405 101.180 -0.653
201709 -0.587 101.343 -0.945
201712 -0.889 102.564 -1.413
201803 -1.042 102.564 -1.657
201806 -1.297 103.378 -2.046
201809 -1.523 103.378 -2.402
201812 -2.069 103.785 -3.251
201903 -2.486 104.274 -3.888
201906 -1.789 105.983 -2.753
201909 -1.881 105.983 -2.894
201912 -1.544 107.123 -2.350
202003 -1.506 109.076 -2.251
202006 -1.458 109.402 -2.173
202009 -1.599 109.320 -2.385
202012 -1.805 109.565 -2.686
202103 -1.677 112.658 -2.427
202106 -1.945 113.960 -2.783
202109 -1.739 115.588 -2.453
202112 -1.326 119.088 -1.816
202203 -1.229 125.031 -1.603
202206 -0.984 131.705 -1.218
202209 -1.143 135.531 -1.375
202212 -0.569 139.113 -0.667
202303 -0.620 145.950 -0.693
202306 -0.726 147.009 -0.805
202309 1.658 146.113 1.850
202312 1.519 147.741 1.677
202403 1.562 149.044 1.709
202406 1.434 150.997 1.549
202409 1.336 153.439 1.420
202412 1.259 154.660 1.327
202503 1.284 157.021 1.333
202506 1.290 157.509 1.336
202509 1.212 158.000 1.251
202512 0.862 158.320 0.888
202603 0.706 163.070 0.706

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 Interbud-Lublin (WAR:ITB) Overvalued in 2026?

Based on GuruFocus' analysis, Interbud-Lublin stock appears to be undervalued. The current stock price of zł1.42 is trading 82.7% below its estimated GF Value™ of zł8.18. GuruFocus considers Interbud-Lublin to be Possible Value Trap.

Key valuation signals for WAR:ITB:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: zł8.18 vs. price of zł1.42 (82.7% below fair value)
  • GF Score™: 42/100 with 10 warning signs

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


Interbud-Lublin Business Description

Address Al. Raclawickie 8 lok. 39, 5TH FLOOR, ELEVATOR A, Lublin, POL, 20-037
Interbud-Lublin SA is engaged in the development industry includes the construction of multi-family residential buildings, single-family terraced housing developments and commercial and service buildings, along with their commercialization in the city of Lublin.
42GF Score

Get the complete analysis for WAR:ITB

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

zł1.42
Price
zł8.18
GF Value