Lubawa (WAR:LBW) Cyclically Adjusted PB Ratio: 3.67 (As of Jul. 26, 2026) — 271% Above Median

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WAR:LBW Lubawa SA WAR:LBW
80 GF Score
Price zł10.95
GF Value zł7.09
Valuation Significantly Overvalued
View Full Analysis

What is Lubawa Cyclically Adjusted PB Ratio?

Lubawa WAR:LBW -0.90% 80 Cyclically Adjusted PB Ratio is 3.67 as of Jul. 26, 2026, which is 271% above its 10-year median of 0.99. GuruFocus rates WAR:LBW with a GF Score™ of 80/100 and a GF Value™ of zł7.09 (Significantly Overvalued). Among 474 Conglomerates companies, Lubawa ranks worse than 85.65% on this metric.

As of today (2026-07-26), Lubawa's current share price is zł10.95. Lubawa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł2.98. Lubawa's Cyclically Adjusted PB Ratio for today is 3.67.

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

WAR:LBW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.99   Max: 4.92
Current: 3.68

During the past years, Lubawa's highest Cyclically Adjusted PB Ratio was 4.92. The lowest was 0.27. And the median was 0.99.

WAR:LBW's Cyclically Adjusted PB Ratio is ranked worse than
85.65% of 474 companies
in the Conglomerates industry
Industry Median: 1.02 vs WAR:LBW: 3.68

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.

Lubawa's adjusted book value per share data for the three months ended in Mar. 2026 was zł4.070. 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 zł2.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lubawa  (WAR:LBW) 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.


Lubawa Cyclically Adjusted PB Ratio Related Terms


Lubawa Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lubawa'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.

Lubawa Cyclically Adjusted PB Ratio Chart

Lubawa 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 0.50 0.89 0.94 1.60 2.80

Lubawa 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 3.44 3.23 3.61 2.80 2.92

WAR:LBW vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Lubawa'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.


Lubawa Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lubawa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:LBW
80GF Score
Lubawa SA WAR:LBW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lubawa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.95/2.98
=3.67

* 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.

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

For example, Lubawa'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)
=4.07/163.0700*163.0700
=4.070

Current CPI (Mar. 2026) = 163.0700.

Lubawa Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.888 99.552 3.093
201609 1.859 99.064 3.060
201612 1.912 100.366 3.107
201703 1.944 101.018 3.138
201706 1.952 101.180 3.146
201709 1.954 101.343 3.144
201712 1.928 102.564 3.065
201803 1.986 102.564 3.158
201806 1.976 103.378 3.117
201809 1.943 103.378 3.065
201812 1.979 103.785 3.109
201903 2.008 104.274 3.140
201906 2.141 105.983 3.294
201909 2.141 105.983 3.294
201912 2.185 107.123 3.326
202003 1.668 109.076 2.494
202006 1.765 109.402 2.631
202009 1.785 109.320 2.663
202012 1.799 109.565 2.678
202103 1.859 112.658 2.691
202106 1.916 113.960 2.742
202109 1.945 115.588 2.744
202112 1.958 119.088 2.681
202203 2.032 125.031 2.650
202206 2.111 131.705 2.614
202209 2.124 135.531 2.556
202212 2.101 139.113 2.463
202303 2.120 145.950 2.369
202306 2.135 147.009 2.368
202309 2.151 146.113 2.401
202312 2.409 147.741 2.659
202403 2.504 149.044 2.740
202406 2.599 150.997 2.807
202409 2.897 153.439 3.079
202412 3.074 154.660 3.241
202503 3.156 157.021 3.278
202506 3.455 157.509 3.577
202509 3.559 158.000 3.673
202512 3.913 158.320 4.030
202603 4.070 163.070 4.070

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 3.67 mean?
Lubawa (WAR:LBW) has a Cyclically Adjusted PB Ratio of 3.67 as of Jul. 26, 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 Lubawa and its competitors. This is 271% above median its historical median of 0.99. Over the past decade, Lubawa's Cyclically Adjusted PB Ratio has ranged from 0.27 to 4.92. According to the industry distribution chart, Lubawa ranks #406 out of 474 companies in the Conglomerates industry, placing it in the top 85.7%.
Is Lubawa's Cyclically Adjusted PB Ratio too high?
Lubawa's current Cyclically Adjusted PB Ratio of 3.67 is 271% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 4.92. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Lubawa's value of 3.67 is 259.8% above this industry median. Based on the distribution chart, Lubawa ranks #406 out of 474 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Lubawa has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lubawa's Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Lubawa ranks #406 out of 474 companies for Cyclically Adjusted PB Ratio. This places Lubawa in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Lubawa's value of 3.67 is 259.8% above this benchmark. Historically, Lubawa's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 4.92 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.02, Lubawa 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 474 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. Lubawa's current Cyclically Adjusted PB Ratio of 3.67 is 259.8% 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 Lubawa and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lubawa's current Cyclically Adjusted PB Ratio is 3.67, which is 271% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lubawa stock overvalued right now?
Based on GuruFocus' analysis, Lubawa (WAR:LBW) is currently considered Significantly Overvalued. The stock's GF Value™ is zł7.09, compared to a current price of zł10.95 — trading 54.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.67, which is 271% above median its 10-year median of 0.99 and 259.8% above the Conglomerates industry median of 1.02. Lubawa's overall GF Score™ is 80/100. 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 Lubawa (WAR:LBW), the current Cyclically Adjusted PB Ratio is 3.67 as of Jul. 26, 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 Lubawa (WAR:LBW) Overvalued in 2026?

Based on GuruFocus' analysis, Lubawa stock appears to be overvalued. The current stock price of zł10.95 is trading 54.4% above its estimated GF Value™ of zł7.09. GuruFocus considers Lubawa to be Significantly Overvalued.

Key valuation signals for WAR:LBW:

  • Cyclically Adjusted PB Ratio: 3.67 (271% above median its 10-year median of 0.99)
  • GF Value™: zł7.09 vs. price of zł10.95 (54.4% above fair value)
  • GF Score™: 80/100
  • Industry Position: 259.8% above the Conglomerates median (#406 of 474)

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


Lubawa Business Description

Other Exchanges WQ2:Germany
Address ul. Staroprzygodzka 117, Ostrow Wielkopolski, POL, 63-400
Lubawa SA is engaged in manufacturing and selling army, police, municipal police, border patrol, fire brigade, and special force products in Poland. It provides products for individual protection, such as helmets, bulletproof vests, modular externals, rescue masks, special and protective clothing among others.
80GF Score

Get the complete analysis for WAR:LBW

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

zł10.95
Price
zł7.09
GF Value