Krakchemia (WAR:KCH) Cyclically Adjusted PB Ratio: 0.13 (As of Aug. 15, 2026) — 86% Above 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:KCH Krakchemia SA WAR:KCH
33 GF Score
Price zł0.47
GF Value zł0.30
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Krakchemia Cyclically Adjusted PB Ratio?

Krakchemia WAR:KCH -1.88% 33 Cyclically Adjusted PB Ratio is 0.13 as of Aug. 15, 2026, which is 86% above its 10-year median of 0.07. GuruFocus rates WAR:KCH with a GF Score™ of 33/100 and a GF Value™ of zł0.30 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,210 Chemicals companies, Krakchemia ranks better than 97.93% on this metric.

As of today (2026-08-15), Krakchemia's current share price is zł0.471. Krakchemia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł3.73. Krakchemia's Cyclically Adjusted PB Ratio for today is 0.13.

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

WAR:KCH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.29
Current: 0.15

During the past years, Krakchemia's highest Cyclically Adjusted PB Ratio was 0.29. The lowest was 0.03. And the median was 0.07.

WAR:KCH's Cyclically Adjusted PB Ratio is ranked better than
97.93% of 1210 companies
in the Chemicals industry
Industry Median: 1.65 vs WAR:KCH: 0.15

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.

Krakchemia's adjusted book value per share data for the three months ended in Mar. 2026 was zł-8.439. 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 zł3.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krakchemia  (WAR:KCH) 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.


Krakchemia Cyclically Adjusted PB Ratio Related Terms


Krakchemia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Krakchemia'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.

Krakchemia Cyclically Adjusted PB Ratio Chart

Krakchemia 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 0.07 0.05 0.05 0.13 0.12

Krakchemia 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 0.19 0.19 0.16 0.12 0.13

WAR:KCH vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Krakchemia'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.


Krakchemia Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Krakchemia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:KCH
33GF Score
Krakchemia SA WAR:KCH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Krakchemia 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.471/3.73
=0.13

* 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.

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

For example, Krakchemia'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)
=-8.439/163.0700*163.0700
=-8.439

Current CPI (Mar. 2026) = 163.0700.

Krakchemia Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.392 99.552 15.384
201609 9.356 99.064 15.401
201612 8.294 100.366 13.476
201703 8.250 101.018 13.318
201706 8.191 101.180 13.201
201709 8.197 101.343 13.190
201712 7.814 102.564 12.424
201803 7.764 102.564 12.344
201806 7.511 103.378 11.848
201809 6.953 103.378 10.968
201812 6.048 103.785 9.503
201903 5.910 104.274 9.242
201906 5.602 105.983 8.619
201909 5.404 105.983 8.315
201912 4.096 107.123 6.235
202003 4.136 109.076 6.183
202006 3.599 109.402 5.365
202009 3.451 109.320 5.148
202012 3.343 109.565 4.976
202103 3.603 112.658 5.215
202106 3.642 113.960 5.211
202109 3.566 115.588 5.031
202112 3.435 119.088 4.704
202203 3.370 125.031 4.395
202206 3.130 131.705 3.875
202209 2.819 135.531 3.392
202212 2.223 139.113 2.606
202303 2.090 145.950 2.335
202306 -4.559 147.009 -5.057
202309 -4.861 146.113 -5.425
202312 -5.327 147.741 -5.880
202403 -5.617 149.044 -6.146
202406 -5.961 150.997 -6.438
202409 -6.306 153.439 -6.702
202412 -6.826 154.660 -7.197
202503 -7.114 157.021 -7.388
202506 -7.464 157.509 -7.728
202509 -7.768 158.000 -8.017
202512 -8.174 158.320 -8.419
202603 -8.439 163.070 -8.439

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 0.13 mean?
Krakchemia (WAR:KCH) has a Cyclically Adjusted PB Ratio of 0.13 as of Aug. 15, 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 Krakchemia and its competitors. This is 86% above median its historical median of 0.07. Over the past decade, Krakchemia's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.29. According to the industry distribution chart, Krakchemia ranks #25 out of 1210 companies in the Chemicals industry, placing it in the top 2.1%.
Is Krakchemia's Cyclically Adjusted PB Ratio too high?
Krakchemia's current Cyclically Adjusted PB Ratio of 0.13 is 86% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.29. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Krakchemia's value of 0.13 is 92.1% below this industry median. Based on the distribution chart, Krakchemia ranks #25 out of 1210 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Krakchemia has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Krakchemia's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Krakchemia ranks #25 out of 1210 companies for Cyclically Adjusted PB Ratio. This places Krakchemia in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.65. Krakchemia's value of 0.13 is 92.1% below this benchmark. Historically, Krakchemia's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.29 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.65, Krakchemia 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,210 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. Krakchemia's current Cyclically Adjusted PB Ratio of 0.13 is 92.1% 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 Krakchemia and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krakchemia's current Cyclically Adjusted PB Ratio is 0.13, which is 86% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krakchemia stock overvalued right now?
Based on GuruFocus' analysis, Krakchemia (WAR:KCH) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.30, compared to a current price of zł0.47 — trading 57% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.13, which is 86% above median its 10-year median of 0.07 and 92.1% below the Chemicals industry median of 1.65. Krakchemia's overall GF Score™ is 33/100 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 Krakchemia (WAR:KCH), the current Cyclically Adjusted PB Ratio is 0.13 as of Aug. 15, 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 Krakchemia (WAR:KCH) Overvalued in 2026?

Based on GuruFocus' analysis, Krakchemia stock appears to be overvalued. The current stock price of zł0.47 is trading 57% above its estimated GF Value™ of zł0.30. GuruFocus considers Krakchemia to be Significantly Overvalued.

Key valuation signals for WAR:KCH:

  • Cyclically Adjusted PB Ratio: 0.13 (86% above median its 10-year median of 0.07)
  • GF Value™: zł0.30 vs. price of zł0.47 (57% above fair value)
  • GF Score™: 33/100 with 3 warning signs
  • Industry Position: 92.1% below the Chemicals median (#25 of 1210)

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


Krakchemia Business Description

Address 14 Listopadowego Uprising Street, Krakow, POL, 30-298
Krakchemia SA specializes in the wholesale of plastic granulates, laboratory chemicals, and chemical raw materials. The company's main activity is wholesale trade in chemical products, mainly plastic granulates, packaging foils, plastics, reagents, and chemical raw materials. It sells commercial goods on the domestic market and in small quantities abroad, with operations covering Poland, Slovakia, the Czech Republic, Germany, and other foreign markets.
33GF Score

Get the complete analysis for WAR:KCH

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

zł0.47
Price
zł0.30
GF Value