Kompap (WAR:KMP) Cyclically Adjusted PB Ratio: 1.23 (As of Sep. 15, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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WAR:KMP Kompap SA WAR:KMP
65 GF Score
Price zł24.00
GF Value zł21.93
Valuation Fairly Valued
! 9 Warning Signs
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What is Kompap Cyclically Adjusted PB Ratio?

Kompap WAR:KMP +9.09% 65 Cyclically Adjusted PB Ratio is 1.23 as of Sep. 15, 2026, which is 8% above its 10-year median of 1.14. GuruFocus rates WAR:KMP with a GF Score™ of 65/100 and a GF Value™ of zł21.93 (Fairly Valued). The stock has 9 warning signs investors should review. Among 206 Forest Products companies, Kompap ranks worse than 65.53% on this metric.

As of today (2026-09-15), Kompap's current share price is zł24.00. Kompap's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł19.58. Kompap's Cyclically Adjusted PB Ratio for today is 1.23.

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

WAR:KMP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.14   Max: 1.64
Current: 1.08

During the past years, Kompap's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 0.57. And the median was 1.14.

WAR:KMP's Cyclically Adjusted PB Ratio is ranked worse than
65.53% of 206 companies
in the Forest Products industry
Industry Median: 0.74 vs WAR:KMP: 1.08

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.

Kompap's adjusted book value per share data for the three months ended in Mar. 2026 was zł14.976. 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 zł19.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kompap  (WAR:KMP) 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.


Kompap Cyclically Adjusted PB Ratio Related Terms


Kompap Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kompap'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.

Kompap Cyclically Adjusted PB Ratio Chart

Kompap 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 1.62 1.02 1.05 1.23 1.26

Kompap 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 1.26 1.31 1.20 1.26 1.07

WAR:KMP vs SLVM: Cyclically Adjusted PB Ratio Comparison

For the Paper & Paper Products subindustry, Kompap'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.


Kompap Cyclically Adjusted PB Ratio vs Forest Products Industry

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

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


WAR:KMP
65GF Score
Kompap SA WAR:KMP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kompap 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.00/19.575
=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.

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

For example, Kompap'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)
=14.976/163.0700*163.0700
=14.976

Current CPI (Mar. 2026) = 163.0700.

Kompap Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.377 99.552 18.636
201609 11.637 99.064 19.156
201612 11.591 100.366 18.832
201703 11.399 101.018 18.401
201706 12.008 101.180 19.353
201709 12.131 101.343 19.520
201712 13.915 102.564 22.124
201803 14.413 102.564 22.916
201806 14.254 103.378 22.484
201809 14.361 103.378 22.653
201812 13.523 103.785 21.248
201903 13.766 104.274 21.528
201906 13.835 105.983 21.287
201909 13.987 105.983 21.521
201912 13.871 107.123 21.115
202003 14.185 109.076 21.207
202006 14.346 109.402 21.384
202009 14.547 109.320 21.699
202012 14.704 109.565 21.885
202103 15.044 112.658 21.776
202106 14.910 113.960 21.335
202109 15.060 115.588 21.246
202112 15.324 119.088 20.983
202203 15.598 125.031 20.344
202206 15.484 131.705 19.171
202209 16.229 135.531 19.527
202212 16.763 139.113 19.650
202303 17.031 145.950 19.029
202306 16.220 147.009 17.992
202309 16.500 146.113 18.415
202312 16.730 147.741 18.466
202403 16.833 149.044 18.417
202406 15.840 150.997 17.106
202409 16.058 153.439 17.066
202412 16.185 154.660 17.065
202503 16.300 157.021 16.928
202506 15.015 157.509 15.545
202509 15.040 158.000 15.523
202512 15.041 158.320 15.492
202603 14.976 163.070 14.976

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?
Kompap (WAR:KMP) has a Cyclically Adjusted PB Ratio of 1.23 as of Sep. 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 Kompap and its competitors. This is near median its historical median of 1.14. Over the past decade, Kompap's Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.64. According to the industry distribution chart, Kompap ranks #135 out of 206 companies in the Forest Products industry, placing it in the top 65.5%.
Is Kompap's Cyclically Adjusted PB Ratio too high?
Kompap's current Cyclically Adjusted PB Ratio of 1.23 is near median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.64. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.74. Kompap's value of 1.23 is 66.2% above this industry median. Based on the distribution chart, Kompap ranks #135 out of 206 companies in the Forest Products industry, which is below the industry midpoint. Overall, Kompap has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kompap's Cyclically Adjusted PB Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Kompap ranks #135 out of 206 companies for Cyclically Adjusted PB Ratio. This places Kompap in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.74. Kompap's value of 1.23 is 66.2% above this benchmark. Historically, Kompap's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.64 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.74, Kompap 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 a Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.74, based on 206 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. Kompap's current Cyclically Adjusted PB Ratio of 1.23 is 66.2% 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 Kompap and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kompap's current Cyclically Adjusted PB Ratio is 1.23, which is near median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kompap stock overvalued right now?
Based on GuruFocus' analysis, Kompap (WAR:KMP) is currently considered Fairly Valued. The stock's GF Value™ is zł21.93, compared to a current price of zł24.00 — trading 9.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.23, which is near median its 10-year median of 1.14 and 66.2% above the Forest Products industry median of 0.74. Kompap's overall GF Score™ is 65/100 with 9 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 Kompap (WAR:KMP), the current Cyclically Adjusted PB Ratio is 1.23 as of Sep. 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 Kompap (WAR:KMP) Overvalued in 2026?

Based on GuruFocus' analysis, Kompap stock appears to be overvalued. The current stock price of zł24.00 is trading 9.4% above its estimated GF Value™ of zł21.93. GuruFocus considers Kompap to be Fairly Valued.

Key valuation signals for WAR:KMP:

  • Cyclically Adjusted PB Ratio: 1.23 (near median its 10-year median of 1.14)
  • GF Value™: zł21.93 vs. price of zł24.00 (9.4% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 66.2% above the Forest Products median (#135 of 206)

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


Kompap Business Description

Address ul. Piastowska 39, Kwidzyn, POL, 82-500
Kompap SA is a Poland based company engaged in manufacturing and development of print solutions. These solutions include Job Printing like Leaflets and Information Brochure, Letterhead, Commercial Products; Computer paper, rolls, labels; Packaging and Work printing services.
65GF Score

Get the complete analysis for WAR:KMP

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

zł24.00
Price
zł21.93
GF Value