Lukardi Spolka Akcyjna (WAR:LUK) Cyclically Adjusted PB Ratio: 3.82 (As of Sep. 01, 2026) — 27% Above Median

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WAR:LUK Lukardi Spolka Akcyjna WAR:LUK
50 GF Score
Price zł0.42
GF Value zł0.36
! 7 Warning Signs
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What is Lukardi Spolka Akcyjna Cyclically Adjusted PB Ratio?

Lukardi Spolka Akcyjna WAR:LUK 50 Cyclically Adjusted PB Ratio is 3.82 as of Sep. 01, 2026, which is 27% above its 10-year median of 3.00. GuruFocus rates WAR:LUK with a GF Score™ of 50/100 and a GF Value™ of zł0.36. The stock has 7 warning signs investors should review. Among 1,469 Software companies, Lukardi Spolka Akcyjna ranks worse than 63.24% on this metric.

As of today (2026-09-01), Lukardi Spolka Akcyjna's current share price is zł0.42. Lukardi Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was zł0.11. Lukardi Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is 3.82.

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

WAR:LUK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 3   Max: 3.82
Current: 3.75

During the past years, Lukardi Spolka Akcyjna's highest Cyclically Adjusted PB Ratio was 3.82. The lowest was 1.95. And the median was 3.00.

WAR:LUK's Cyclically Adjusted PB Ratio is ranked worse than
63.24% of 1469 companies
in the Software industry
Industry Median: 2.38 vs WAR:LUK: 3.75

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.

Lukardi Spolka Akcyjna's adjusted book value per share data for the three months ended in Jun. 2026 was zł0.046. 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 zł0.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lukardi Spolka Akcyjna  (WAR:LUK) 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.


Lukardi Spolka Akcyjna Cyclically Adjusted PB Ratio Related Terms


Lukardi Spolka Akcyjna Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lukardi Spolka Akcyjna'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.

Lukardi Spolka Akcyjna Cyclically Adjusted PB Ratio Chart

Lukardi Spolka Akcyjna 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 0.00 0.00 0.00 0.00 3.04

Lukardi Spolka Akcyjna Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.99 3.03 3.04 2.52 3.75

WAR:LUK vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Lukardi Spolka Akcyjna'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.


Lukardi Spolka Akcyjna Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Lukardi Spolka Akcyjna's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:LUK
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Lukardi Spolka Akcyjna WAR:LUK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lukardi Spolka Akcyjna 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.

Lukardi Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.42/0.11
=3.82

* 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.

Lukardi Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Lukardi Spolka Akcyjna's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.046/162.2800*162.2800
=0.046

Current CPI (Jun. 2026) = 162.2800.

Lukardi Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.739 99.064 1.211
201612 0.070 100.366 0.113
201703 0.112 101.018 0.180
201706 0.064 101.180 0.103
201709 0.079 101.343 0.127
201712 0.041 102.564 0.065
201803 0.043 102.564 0.068
201806 0.035 103.378 0.055
201809 0.005 103.378 0.008
201812 -0.046 103.785 -0.072
201903 0.018 104.274 0.028
201906 0.032 105.983 0.049
201909 0.037 105.983 0.057
201912 -0.056 107.123 -0.085
202003 0.030 109.076 0.045
202006 -0.007 109.402 -0.010
202009 0.087 109.320 0.129
202012 0.082 109.565 0.121
202103 0.063 112.658 0.091
202106 0.110 113.960 0.157
202109 0.087 115.588 0.122
202112 0.114 119.088 0.155
202203 0.099 125.031 0.128
202206 0.118 131.705 0.145
202209 0.121 135.531 0.145
202212 0.105 139.113 0.122
202303 0.114 145.950 0.127
202306 0.112 147.009 0.124
202309 0.105 146.113 0.117
202312 0.091 147.741 0.100
202403 0.092 149.044 0.100
202406 0.091 150.997 0.098
202409 0.086 153.439 0.091
202412 0.065 154.660 0.068
202503 0.092 157.021 0.095
202506 0.079 157.509 0.081
202509 0.066 158.000 0.068
202512 0.079 158.320 0.081
202603 0.032 163.070 0.032
202606 0.046 162.280 0.046

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 3.82 mean?
Lukardi Spolka Akcyjna (WAR:LUK) has a Cyclically Adjusted PB Ratio of 3.82 as of Sep. 01, 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 Lukardi Spolka Akcyjna and its competitors. This is 27% above median its historical median of 3.00. Over the past decade, Lukardi Spolka Akcyjna's Cyclically Adjusted PB Ratio has ranged from 1.95 to 3.82. According to the industry distribution chart, Lukardi Spolka Akcyjna ranks #929 out of 1469 companies in the Software industry, placing it in the top 63.2%.
Is Lukardi Spolka Akcyjna's Cyclically Adjusted PB Ratio too high?
Lukardi Spolka Akcyjna's current Cyclically Adjusted PB Ratio of 3.82 is 27% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 3.82. The Software industry median Cyclically Adjusted PB Ratio is 2.38. Lukardi Spolka Akcyjna's value of 3.82 is 60.5% above this industry median. Based on the distribution chart, Lukardi Spolka Akcyjna ranks #929 out of 1469 companies in the Software industry, which is below the industry midpoint. Overall, Lukardi Spolka Akcyjna has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Lukardi Spolka Akcyjna's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Lukardi Spolka Akcyjna ranks #929 out of 1469 companies for Cyclically Adjusted PB Ratio. This places Lukardi Spolka Akcyjna in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.38. Lukardi Spolka Akcyjna's value of 3.82 is 60.5% above this benchmark. Historically, Lukardi Spolka Akcyjna's own Cyclically Adjusted PB Ratio has ranged from 1.95 to 3.82 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 2.38, Lukardi Spolka Akcyjna 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.38, based on 1,469 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. Lukardi Spolka Akcyjna's current Cyclically Adjusted PB Ratio of 3.82 is 60.5% 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 Lukardi Spolka Akcyjna and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lukardi Spolka Akcyjna's current Cyclically Adjusted PB Ratio is 3.82, which is 27% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lukardi Spolka Akcyjna stock overvalued right now?
Lukardi Spolka Akcyjna (WAR:LUK) has a current Cyclically Adjusted PB Ratio of 3.82. The stock's GF Value™ is zł0.36, compared to a current price of zł0.42 — trading 16.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.82, which is 27% above median its 10-year median of 3.00 and 60.5% above the Software industry median of 2.38. Lukardi Spolka Akcyjna's overall GF Score™ is 50/100 with 7 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 Lukardi Spolka Akcyjna (WAR:LUK), the current Cyclically Adjusted PB Ratio is 3.82 as of Sep. 01, 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 Lukardi Spolka Akcyjna (WAR:LUK) Overvalued in 2026?

Based on GuruFocus' analysis, Lukardi Spolka Akcyjna stock appears to be overvalued. The current stock price of zł0.42 is trading 16.7% above its estimated GF Value™ of zł0.36.

Key valuation signals for WAR:LUK:

  • Cyclically Adjusted PB Ratio: 3.82 (27% above median its 10-year median of 3.00)
  • GF Value™: zł0.36 vs. price of zł0.42 (16.7% above fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 60.5% above the Software median (#929 of 1469)

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


Lukardi Spolka Akcyjna Business Description

Address Ulica Teczowa 3, Poznan, POL, 60-275
Lukardi Spolka Akcyjna is engaged in implementation, consulting, hosting, and building IT solutions. The company provides professional services to maintain and develop SAP systems.
50GF Score

Get the complete analysis for WAR:LUK

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

zł0.42
Price
zł0.36
GF Value