MBF Group (WAR:MBF) Cyclically Adjusted PB Ratio: 1.74 (As of Jul. 15, 2026) — 110% Above Median

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WAR:MBF MBF Group SA WAR:MBF
56 GF Score
Price zł5.68
GF Value zł3.16
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is MBF Group Cyclically Adjusted PB Ratio?

MBF Group WAR:MBF -1.39% 56 Cyclically Adjusted PB Ratio is 1.74 as of Jul. 15, 2026, which is 110% above its 10-year median of 0.83. GuruFocus rates WAR:MBF with a GF Score™ of 56/100 and a GF Value™ of zł3.16 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 730 Business Services companies, MBF Group ranks worse than 53.84% on this metric.

As of today (2026-07-15), MBF Group's current share price is zł5.68. MBF Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł3.27. MBF Group's Cyclically Adjusted PB Ratio for today is 1.74.

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

WAR:MBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.83   Max: 2.61
Current: 1.71

During the past years, MBF Group's highest Cyclically Adjusted PB Ratio was 2.61. The lowest was 0.43. And the median was 0.83.

WAR:MBF's Cyclically Adjusted PB Ratio is ranked worse than
53.84% of 730 companies
in the Business Services industry
Industry Median: 1.565 vs WAR:MBF: 1.71

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.

MBF Group's adjusted book value per share data for the three months ended in Mar. 2026 was zł0.787. 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 zł3.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MBF Group  (WAR:MBF) 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.


MBF Group Cyclically Adjusted PB Ratio Related Terms


MBF Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MBF Group'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.

MBF Group Cyclically Adjusted PB Ratio Chart

MBF Group 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 0.84 1.06 0.73 0.41 1.50

MBF Group 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 0.64 0.58 2.04 1.50 1.52

WAR:MBF vs VRSK, EFX, BAH: Cyclically Adjusted PB Ratio Comparison

For the Consulting Services subindustry, MBF Group'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.


MBF Group Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, MBF Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:MBF
56GF Score
MBF Group SA WAR:MBF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MBF Group 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.

MBF Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.68/3.27
=1.74

* 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.

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

For example, MBF Group'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)
=0.787/163.0700*163.0700
=0.787

Current CPI (Mar. 2026) = 163.0700.

MBF Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.896 99.552 3.106
201609 1.776 99.064 2.923
201612 1.915 100.366 3.111
201703 1.845 101.018 2.978
201706 1.860 101.180 2.998
201709 1.926 101.343 3.099
201712 1.997 102.564 3.175
201803 1.997 102.564 3.175
201806 8.907 103.378 14.050
201809 7.111 103.378 11.217
201812 2.115 103.785 3.323
201903 3.751 104.274 5.866
201906 3.751 105.983 5.771
201909 3.741 105.983 5.756
201912 1.910 107.123 2.908
202003 3.853 109.076 5.760
202006 1.804 109.402 2.689
202009 1.930 109.320 2.879
202012 2.465 109.565 3.669
202103 2.721 112.658 3.939
202106 2.708 113.960 3.875
202109 2.535 115.588 3.576
202112 2.296 119.088 3.144
202203 2.264 125.031 2.953
202206 2.219 131.705 2.747
202209 2.190 135.531 2.635
202212 1.175 139.113 1.377
202303 2.252 145.950 2.516
202306 2.980 147.009 3.306
202309 1.861 146.113 2.077
202312 1.000 147.741 1.104
202403 1.355 149.044 1.483
202406 1.037 150.997 1.120
202409 1.011 153.439 1.074
202412 0.778 154.660 0.820
202503 0.904 157.021 0.939
202506 0.851 157.509 0.881
202509 1.010 158.000 1.042
202512 0.835 158.320 0.860
202603 0.787 163.070 0.787

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 1.74 mean?
MBF Group (WAR:MBF) has a Cyclically Adjusted PB Ratio of 1.74 as of Jul. 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 MBF Group and its competitors. This is 110% above median its historical median of 0.83. Over the past decade, MBF Group's Cyclically Adjusted PB Ratio has ranged from 0.43 to 2.61. According to the industry distribution chart, MBF Group ranks #393 out of 730 companies in the Business Services industry, placing it in the top 53.8%.
Is MBF Group's Cyclically Adjusted PB Ratio too high?
MBF Group's current Cyclically Adjusted PB Ratio of 1.74 is 110% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.61. The Business Services industry median Cyclically Adjusted PB Ratio is 1.57. MBF Group's value of 1.74 is 11.2% above this industry median. Based on the distribution chart, MBF Group ranks #393 out of 730 companies in the Business Services industry, which is below the industry midpoint. Overall, MBF Group has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MBF Group's Cyclically Adjusted PB Ratio compare to VRSK and EFX?
According to the Business Services industry distribution chart, MBF Group ranks #393 out of 730 companies for Cyclically Adjusted PB Ratio. This places MBF Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. MBF Group's value of 1.74 is 11.2% above this benchmark. Historically, MBF Group's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 2.61 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.57, MBF Group 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.57, based on 730 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. MBF Group's current Cyclically Adjusted PB Ratio of 1.74 is 11.2% 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 MBF Group and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBF Group's current Cyclically Adjusted PB Ratio is 1.74, which is 110% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBF Group stock overvalued right now?
Based on GuruFocus' analysis, MBF Group (WAR:MBF) is currently considered Significantly Overvalued. The stock's GF Value™ is zł3.16, compared to a current price of zł5.68 — trading 79.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is 110% above median its 10-year median of 0.83 and 11.2% above the Business Services industry median of 1.57. MBF Group's overall GF Score™ is 56/100 with 2 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 MBF Group (WAR:MBF), the current Cyclically Adjusted PB Ratio is 1.74 as of Jul. 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 MBF Group (WAR:MBF) Overvalued in 2026?

Based on GuruFocus' analysis, MBF Group stock appears to be overvalued. The current stock price of zł5.68 is trading 79.7% above its estimated GF Value™ of zł3.16. GuruFocus considers MBF Group to be Significantly Overvalued.

Key valuation signals for WAR:MBF:

  • Cyclically Adjusted PB Ratio: 1.74 (110% above median its 10-year median of 0.83)
  • GF Value™: zł3.16 vs. price of zł5.68 (79.7% above fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 11.2% above the Business Services median (#393 of 730)

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


MBF Group Business Description

Address ul. Bracka 6/8, Warsaw, POL, 00-502
MBF Group SA provides consulting services to businesses. It offers business consulting in the field of running a business, due diligence research and analysis, preparation of cross-sectional and sectoral studies, help and organization in gaining the necessary capital for development, research and development concerning algorithmic trading, designing, programming and testing mobile applications. The revenues are derived mostly from consultancy and service activities.
56GF Score

Get the complete analysis for WAR:MBF

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

zł5.68
Price
zł3.16
GF Value