Kupiec (WAR:KPC) Cyclically Adjusted PB Ratio: 0.21 (As of Jul. 19, 2026) — 13% Below Median

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WAR:KPC Kupiec SA WAR:KPC
43 GF Score
Price zł1.05
GF Value zł0.76
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Kupiec Cyclically Adjusted PB Ratio?

Kupiec WAR:KPC 43 Cyclically Adjusted PB Ratio is 0.21 as of Jul. 19, 2026, which is 13% below its 10-year median of 0.24. GuruFocus rates WAR:KPC with a GF Score™ of 43/100 and a GF Value™ of zł0.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 327 Building Materials companies, Kupiec ranks better than 91.74% on this metric.

As of today (2026-07-19), Kupiec's current share price is zł1.05. Kupiec's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł4.90. Kupiec's Cyclically Adjusted PB Ratio for today is 0.21.

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

WAR:KPC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.24   Max: 1.09
Current: 0.21

During the past years, Kupiec's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.15. And the median was 0.24.

WAR:KPC's Cyclically Adjusted PB Ratio is ranked better than
91.74% of 327 companies
in the Building Materials industry
Industry Median: 1.04 vs WAR:KPC: 0.21

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.

Kupiec's adjusted book value per share data for the three months ended in Mar. 2026 was zł4.590. 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 zł4.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kupiec  (WAR:KPC) 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.


Kupiec Cyclically Adjusted PB Ratio Related Terms


Kupiec Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kupiec'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.

Kupiec Cyclically Adjusted PB Ratio Chart

Kupiec 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 0.77 0.38 0.25 0.18 0.19

Kupiec 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 0.21 0.18 0.19 0.23

WAR:KPC vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Kupiec'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.


Kupiec Cyclically Adjusted PB Ratio vs Building Materials Industry

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

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


WAR:KPC
43GF Score
Kupiec SA WAR:KPC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kupiec 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.05/4.90
=0.21

* 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.

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

For example, Kupiec'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)
=4.59/163.0700*163.0700
=4.590

Current CPI (Mar. 2026) = 163.0700.

Kupiec Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.857 99.552 9.594
201609 5.824 99.064 9.587
201612 4.465 100.366 7.255
201703 4.526 101.018 7.306
201706 4.591 101.180 7.399
201709 4.627 101.343 7.445
201712 2.381 102.564 3.786
201803 2.459 102.564 3.910
201806 2.502 103.378 3.947
201809 2.531 103.378 3.992
201812 2.534 103.785 3.981
201903 1.965 104.274 3.073
201906 2.595 105.983 3.993
201909 2.558 105.983 3.936
201912 2.622 107.123 3.991
202003 2.595 109.076 3.880
202006 2.697 109.402 4.020
202009 2.760 109.320 4.117
202012 2.802 109.565 4.170
202103 2.840 112.658 4.111
202106 3.251 113.960 4.652
202109 3.598 115.588 5.076
202112 3.556 119.088 4.869
202203 4.346 125.031 5.668
202206 4.064 131.705 5.032
202209 4.090 135.531 4.921
202212 3.896 139.113 4.567
202303 3.900 145.950 4.357
202306 3.964 147.009 4.397
202309 3.931 146.113 4.387
202312 3.898 147.741 4.302
202403 3.900 149.044 4.267
202406 3.902 150.997 4.214
202409 3.900 153.439 4.145
202412 3.917 154.660 4.130
202503 4.508 157.021 4.682
202506 4.523 157.509 4.683
202509 4.555 158.000 4.701
202512 4.538 158.320 4.674
202603 4.590 163.070 4.590

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 0.21 mean?
Kupiec (WAR:KPC) has a Cyclically Adjusted PB Ratio of 0.21 as of Jul. 19, 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 Kupiec and its competitors. This is 13% below median its historical median of 0.24. Over the past decade, Kupiec's Cyclically Adjusted PB Ratio has ranged from 0.15 to 1.09. According to the industry distribution chart, Kupiec ranks #27 out of 327 companies in the Building Materials industry, placing it in the top 8.3%.
Is Kupiec's Cyclically Adjusted PB Ratio too high?
Kupiec's current Cyclically Adjusted PB Ratio of 0.21 is 13% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.09. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.04. Kupiec's value of 0.21 is 79.8% below this industry median. Based on the distribution chart, Kupiec ranks #27 out of 327 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Kupiec has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kupiec's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Kupiec ranks #27 out of 327 companies for Cyclically Adjusted PB Ratio. This places Kupiec in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.04. Kupiec's value of 0.21 is 79.8% below this benchmark. Historically, Kupiec's own Cyclically Adjusted PB Ratio has ranged from 0.15 to 1.09 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 1.04, Kupiec 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 1.04, based on 327 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. Kupiec's current Cyclically Adjusted PB Ratio of 0.21 is 79.8% 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 Kupiec and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kupiec's current Cyclically Adjusted PB Ratio is 0.21, which is 13% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kupiec stock overvalued right now?
Based on GuruFocus' analysis, Kupiec (WAR:KPC) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.76, compared to a current price of zł1.05 — trading 38.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.21, which is 13% below median its 10-year median of 0.24 and 79.8% below the Building Materials industry median of 1.04. Kupiec's overall GF Score™ is 43/100 with 5 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 Kupiec (WAR:KPC), the current Cyclically Adjusted PB Ratio is 0.21 as of Jul. 19, 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 Kupiec (WAR:KPC) Overvalued in 2026?

Based on GuruFocus' analysis, Kupiec stock appears to be overvalued. The current stock price of zł1.05 is trading 38.2% above its estimated GF Value™ of zł0.76. GuruFocus considers Kupiec to be Significantly Overvalued.

Key valuation signals for WAR:KPC:

  • Cyclically Adjusted PB Ratio: 0.21 (13% below median its 10-year median of 0.24)
  • GF Value™: zł0.76 vs. price of zł1.05 (38.2% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 79.8% below the Building Materials median (#27 of 327)

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


Kupiec Business Description

Address Ulica Jozefa Lompy 8, Myslowice, POL, 41-400
Kupiec SA is engaged in manufacturing building materials, fuels and recycles. The company is engaged in purchase and trading of steel scrap and non-ferrous scrap metal, glass waste, waste paper, pellet and woodchips.
43GF Score

Get the complete analysis for WAR:KPC

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

zł1.05
Price
zł0.76
GF Value