MedApp (WAR:MDA) Cyclically Adjusted PB Ratio: 1.98 (As of Jul. 23, 2026) — 52% Below Median

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WAR:MDA MedApp SA WAR:MDA
40 GF Score
Price zł0.20
GF Value zł0.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is MedApp Cyclically Adjusted PB Ratio?

MedApp WAR:MDA +3.95% 40 Cyclically Adjusted PB Ratio is 1.98 as of Jul. 23, 2026, which is 52% below its 10-year median of 4.13. GuruFocus rates WAR:MDA with a GF Score™ of 40/100 and a GF Value™ of zł0.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 356 Healthcare Providers & Services companies, MedApp ranks worse than 54.21% on this metric.

As of today (2026-07-23), MedApp's current share price is zł0.1975. MedApp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.10. MedApp's Cyclically Adjusted PB Ratio for today is 1.98.

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

WAR:MDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 4.13   Max: 19.8
Current: 2.04

During the past years, MedApp's highest Cyclically Adjusted PB Ratio was 19.80. The lowest was 0.89. And the median was 4.13.

WAR:MDA's Cyclically Adjusted PB Ratio is ranked worse than
54.21% of 356 companies
in the Healthcare Providers & Services industry
Industry Median: 1.85 vs WAR:MDA: 2.04

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.

MedApp's adjusted book value per share data for the three months ended in Mar. 2026 was zł0.091. 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 zł0.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MedApp  (WAR:MDA) 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.


MedApp Cyclically Adjusted PB Ratio Related Terms


MedApp Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MedApp'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.

MedApp Cyclically Adjusted PB Ratio Chart

MedApp 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 14.51 5.11 4.27 1.72 0.93

MedApp 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 1.77 1.55 1.90 0.93 2.36

WAR:MDA vs VEEV, BTSG, TEM: Cyclically Adjusted PB Ratio Comparison

For the Health Information Services subindustry, MedApp'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.


MedApp Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MedApp's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:MDA
40GF Score
MedApp SA WAR:MDA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MedApp 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1975/0.10
=1.98

* 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.

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

For example, MedApp'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)
=0.091/163.0700*163.0700
=0.091

Current CPI (Mar. 2026) = 163.0700.

MedApp Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.055 99.552 0.090
201609 0.051 99.064 0.084
201612 0.042 100.366 0.068
201703 0.063 101.018 0.102
201706 0.058 101.180 0.093
201709 0.052 101.343 0.084
201712 0.049 102.564 0.078
201803 0.037 102.564 0.059
201806 0.027 103.378 0.043
201809 0.017 103.378 0.027
201812 0.041 103.785 0.064
201903 0.029 104.274 0.045
201906 0.036 105.983 0.055
201909 0.032 105.983 0.049
201912 0.068 107.123 0.104
202003 0.068 109.076 0.102
202006 0.071 109.402 0.106
202009 0.069 109.320 0.103
202012 0.081 109.565 0.121
202103 0.084 112.658 0.122
202106 0.090 113.960 0.129
202109 0.095 115.588 0.134
202112 0.101 119.088 0.138
202203 0.100 125.031 0.130
202206 0.102 131.705 0.126
202209 0.111 135.531 0.134
202212 0.109 139.113 0.128
202303 0.103 145.950 0.115
202306 0.110 147.009 0.122
202309 0.107 146.113 0.119
202312 0.096 147.741 0.106
202403 0.099 149.044 0.108
202406 0.093 150.997 0.100
202409 0.104 153.439 0.111
202412 0.071 154.660 0.075
202503 0.102 157.021 0.106
202506 0.099 157.509 0.102
202509 0.096 158.000 0.099
202512 0.060 158.320 0.062
202603 0.091 163.070 0.091

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 1.98 mean?
MedApp (WAR:MDA) has a Cyclically Adjusted PB Ratio of 1.98 as of Jul. 23, 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 MedApp and its competitors. This is 52% below median its historical median of 4.13. Over the past decade, MedApp's Cyclically Adjusted PB Ratio has ranged from 0.89 to 19.80. According to the industry distribution chart, MedApp ranks #193 out of 356 companies in the Healthcare Providers & Services industry, placing it in the top 54.2%.
Is MedApp's Cyclically Adjusted PB Ratio too high?
MedApp's current Cyclically Adjusted PB Ratio of 1.98 is 52% below median its 10-year median of 4.13. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 19.80. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.85. MedApp's value of 1.98 is 7% above this industry median. Based on the distribution chart, MedApp ranks #193 out of 356 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, MedApp has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MedApp's Cyclically Adjusted PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, MedApp ranks #193 out of 356 companies for Cyclically Adjusted PB Ratio. This places MedApp in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.85. MedApp's value of 1.98 is 7% above this benchmark. Historically, MedApp's own Cyclically Adjusted PB Ratio has ranged from 0.89 to 19.80 over the past decade. While the company's 10-year median is 4.13 vs. the industry median of 1.85, MedApp 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.85, based on 356 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. MedApp's current Cyclically Adjusted PB Ratio of 1.98 is 7% 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 MedApp and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MedApp's current Cyclically Adjusted PB Ratio is 1.98, which is 52% below median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedApp stock overvalued right now?
Based on GuruFocus' analysis, MedApp (WAR:MDA) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.24, compared to a current price of zł0.20 — trading 17.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.98, which is 52% below median its 10-year median of 4.13 and 7% above the Healthcare Providers & Services industry median of 1.85. MedApp's overall GF Score™ is 40/100 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 MedApp (WAR:MDA), the current Cyclically Adjusted PB Ratio is 1.98 as of Jul. 23, 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 MedApp (WAR:MDA) Overvalued in 2026?

Based on GuruFocus' analysis, MedApp stock appears to be undervalued. The current stock price of zł0.20 is trading 17.7% below its estimated GF Value™ of zł0.24. GuruFocus considers MedApp to be Modestly Undervalued.

Key valuation signals for WAR:MDA:

  • Cyclically Adjusted PB Ratio: 1.98 (52% below median its 10-year median of 4.13)
  • GF Value™: zł0.24 vs. price of zł0.20 (17.7% below fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 7% above the Healthcare Providers & Services median (#193 of 356)

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


MedApp Business Description

Address Dobre Pasterza 122A, Krakow, POL, 31-416
MedApp SA develops mobile solutions for medicine. The company's products include Carna Life and Holo.
40GF Score

Get the complete analysis for WAR:MDA

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

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Price
zł0.24
GF Value