Grupa Kety (WAR:KTY) Cyclically Adjusted PB Ratio: 5.67 (As of Jul. 17, 2026) — 69% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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WAR:KTY Grupa Kety SA WAR:KTY
86 GF Score
Price zł1,279.00
GF Value zł906.74
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Grupa Kety Cyclically Adjusted PB Ratio?

Grupa Kety WAR:KTY +1.03% 86 Cyclically Adjusted PB Ratio is 5.67 as of Jul. 17, 2026, which is 69% above its 10-year median of 3.36. GuruFocus rates WAR:KTY with a GF Score™ of 86/100 and a GF Value™ of zł906.74 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,547 Metals & Mining companies, Grupa Kety ranks worse than 81.38% on this metric.

As of today (2026-07-17), Grupa Kety's current share price is zł1279.00. Grupa Kety's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł225.55. Grupa Kety's Cyclically Adjusted PB Ratio for today is 5.67.

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

WAR:KTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.36   Max: 5.6
Current: 5.47

During the past years, Grupa Kety's highest Cyclically Adjusted PB Ratio was 5.60. The lowest was 2.16. And the median was 3.36.

WAR:KTY's Cyclically Adjusted PB Ratio is ranked worse than
81.38% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.42 vs WAR:KTY: 5.47

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.

Grupa Kety's adjusted book value per share data for the three months ended in Mar. 2026 was zł219.468. 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 zł225.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupa Kety  (WAR:KTY) 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.


Grupa Kety Cyclically Adjusted PB Ratio Related Terms


Grupa Kety Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupa Kety'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.

Grupa Kety Cyclically Adjusted PB Ratio Chart

Grupa Kety 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 3.84 2.40 3.64 3.17 4.17

Grupa Kety 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 3.78 4.09 4.21 4.17 4.37

WAR:KTY vs AA, CENX, CSTM: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Grupa Kety'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.


Grupa Kety Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grupa Kety's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:KTY
86GF Score
Grupa Kety SA WAR:KTY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupa Kety 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.

Grupa Kety's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1279.00/225.55
=5.67

* 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.

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

For example, Grupa Kety'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)
=219.468/163.0700*163.0700
=219.468

Current CPI (Mar. 2026) = 163.0700.

Grupa Kety Quarterly Data

Book Value per Share CPI Adj_Book
201606 133.783 99.552 219.141
201609 143.026 99.064 235.436
201612 148.276 100.366 240.911
201703 154.412 101.018 249.263
201706 130.428 101.180 210.208
201709 139.189 101.343 223.967
201712 143.123 102.564 227.556
201803 147.633 102.564 234.727
201806 132.868 103.378 209.588
201809 140.549 103.378 221.704
201812 146.281 103.785 229.841
201903 153.214 104.274 239.606
201906 136.794 105.983 210.477
201909 147.921 105.983 227.598
201912 154.355 107.123 234.971
202003 162.058 109.076 242.279
202006 175.141 109.402 261.058
202009 154.416 109.320 230.338
202012 164.756 109.565 245.214
202103 179.987 112.658 260.528
202106 152.417 113.960 218.099
202109 170.636 115.588 240.731
202112 183.272 119.088 250.958
202203 203.205 125.031 265.028
202206 171.621 131.705 212.491
202209 191.143 135.531 229.982
202212 201.139 139.113 235.778
202303 215.446 145.950 240.717
202306 168.064 147.009 186.426
202309 188.191 146.113 210.031
202312 195.855 147.741 216.176
202403 212.634 149.044 232.645
202406 174.749 150.997 188.721
202409 189.961 153.439 201.884
202412 198.870 154.660 209.684
202503 211.631 157.021 219.784
202506 174.409 157.509 180.566
202509 192.915 158.000 199.105
202512 203.293 158.320 209.392
202603 219.468 163.070 219.468

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 5.67 mean?
Grupa Kety (WAR:KTY) has a Cyclically Adjusted PB Ratio of 5.67 as of Jul. 17, 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 Grupa Kety and its competitors. This is 69% above median its historical median of 3.36. Over the past decade, Grupa Kety's Cyclically Adjusted PB Ratio has ranged from 2.16 to 5.60. According to the industry distribution chart, Grupa Kety ranks #1259 out of 1547 companies in the Metals & Mining industry, placing it in the top 81.4%.
Is Grupa Kety's Cyclically Adjusted PB Ratio too high?
Grupa Kety's current Cyclically Adjusted PB Ratio of 5.67 is 69% above median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 5.60. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Grupa Kety's value of 5.67 is 299.3% above this industry median. Based on the distribution chart, Grupa Kety ranks #1259 out of 1547 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Grupa Kety has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupa Kety's Cyclically Adjusted PB Ratio compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Grupa Kety ranks #1259 out of 1547 companies for Cyclically Adjusted PB Ratio. This places Grupa Kety in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Grupa Kety's value of 5.67 is 299.3% above this benchmark. Historically, Grupa Kety's own Cyclically Adjusted PB Ratio has ranged from 2.16 to 5.60 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 1.42, Grupa Kety 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.42, based on 1,547 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. Grupa Kety's current Cyclically Adjusted PB Ratio of 5.67 is 299.3% 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 Grupa Kety and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupa Kety's current Cyclically Adjusted PB Ratio is 5.67, which is 69% above median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupa Kety stock overvalued right now?
Based on GuruFocus' analysis, Grupa Kety (WAR:KTY) is currently considered Significantly Overvalued. The stock's GF Value™ is zł906.74, compared to a current price of zł1,279.00 — trading 41.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.67, which is 69% above median its 10-year median of 3.36 and 299.3% above the Metals & Mining industry median of 1.42. Grupa Kety's overall GF Score™ is 86/100 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 Grupa Kety (WAR:KTY), the current Cyclically Adjusted PB Ratio is 5.67 as of Jul. 17, 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 Grupa Kety (WAR:KTY) Overvalued in 2026?

Based on GuruFocus' analysis, Grupa Kety stock appears to be overvalued. The current stock price of zł1,279.00 is trading 41.1% above its estimated GF Value™ of zł906.74. GuruFocus considers Grupa Kety to be Significantly Overvalued.

Key valuation signals for WAR:KTY:

  • Cyclically Adjusted PB Ratio: 5.67 (69% above median its 10-year median of 3.36)
  • GF Value™: zł906.74 vs. price of zł1,279.00 (41.1% above fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 299.3% above the Metals & Mining median (#1259 of 1547)

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


Grupa Kety Business Description

Other Exchanges GQ2:Germany
Address ul. Kosciuszki 111, Kety, POL, 32-650
Grupa Kety SA manufactures and sells extruded aluminum and other aluminum products primarily to industrial customers. The firm organizes itself into five segments based on product. The Extruded Products segment manufactures aluminum profiles. The Flexible Packaging segment produces and sells packaging to the food industry. The Aluminum Systems segment, which generates the most revenue of any segment, sells aluminum systems to the building industry. The Building Accessories and Building Services segments produce and sell hardware and aluminum facades to the construction industry. The vast majority of Grupa Kety's revenue comes from Poland, where the company's operations are also located.
86GF Score

Get the complete analysis for WAR:KTY

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

zł1,279.00
Price
zł906.74
GF Value