Military Group (WAR:MIG) Cyclically Adjusted PB Ratio: 3.43 (As of Jul. 30, 2026) — 20% Below Median

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WAR:MIG Military Group SA WAR:MIG
22 GF Score
Price zł0.34
GF Value zł0.11
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Military Group Cyclically Adjusted PB Ratio?

Military Group WAR:MIG +5.54% 22 Cyclically Adjusted PB Ratio is 3.43 as of Jul. 30, 2026, which is 20% below its 10-year median of 4.28. GuruFocus rates WAR:MIG with a GF Score™ of 22/100 and a GF Value™ of zł0.11 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,026 Vehicles & Parts companies, Military Group ranks worse than 78.36% on this metric.

As of today (2026-07-30), Military Group's current share price is zł0.343. Military Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.10. Military Group's Cyclically Adjusted PB Ratio for today is 3.43.

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

WAR:MIG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 4.28   Max: 116.67
Current: 3.29

During the past years, Military Group's highest Cyclically Adjusted PB Ratio was 116.67. The lowest was 2.11. And the median was 4.28.

WAR:MIG's Cyclically Adjusted PB Ratio is ranked worse than
78.36% of 1026 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs WAR:MIG: 3.29

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.

Military Group's adjusted book value per share data for the three months ended in Mar. 2026 was zł0.004. 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


Military Group  (WAR:MIG) 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.


Military Group Cyclically Adjusted PB Ratio Related Terms


Military Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Military 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.

Military Group Cyclically Adjusted PB Ratio Chart

Military 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 58.22 4.05 4.39 2.46 4.15

Military 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 3.35 3.53 5.69 4.15 3.92

WAR:MIG vs CVNA, PAG, KMX: Cyclically Adjusted PB Ratio Comparison

For the Auto & Truck Dealerships subindustry, Military 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.


Military Group Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Military Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:MIG
22GF Score
Military Group SA WAR:MIG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Military 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.343/0.10
=3.43

* 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.

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

For example, Military 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)
=0.004/163.0700*163.0700
=0.004

Current CPI (Mar. 2026) = 163.0700.

Military Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.045 99.552 0.074
201609 0.043 99.064 0.071
201612 0.037 100.366 0.060
201703 0.036 101.018 0.058
201706 0.025 101.180 0.040
201709 0.034 101.343 0.055
201712 0.055 102.564 0.087
201803 0.060 102.564 0.095
201806 0.067 103.378 0.106
201809 0.076 103.378 0.120
201812 0.089 103.785 0.140
201903 0.100 104.274 0.156
201906 0.112 105.983 0.172
201909 0.125 105.983 0.192
201912 0.127 107.123 0.193
202003 0.074 109.076 0.111
202006 0.062 109.402 0.092
202009 0.159 109.320 0.237
202012 0.032 109.565 0.048
202103 0.000 112.658 0.000
202106 0.040 113.960 0.057
202109 0.036 115.588 0.051
202112 0.226 119.088 0.309
202203 0.234 125.031 0.305
202206 0.082 131.705 0.102
202209 0.083 135.531 0.100
202212 0.042 139.113 0.049
202303 0.090 145.950 0.101
202306 0.043 147.009 0.048
202309 0.047 146.113 0.052
202312 0.071 147.741 0.078
202403 0.103 149.044 0.113
202406 0.097 150.997 0.105
202409 0.072 153.439 0.077
202412 -0.002 154.660 -0.002
202503 0.074 157.021 0.077
202506 0.037 157.509 0.038
202509 0.038 158.000 0.039
202512 -0.016 158.320 -0.016
202603 0.004 163.070 0.004

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 3.43 mean?
Military Group (WAR:MIG) has a Cyclically Adjusted PB Ratio of 3.43 as of Jul. 30, 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 Military Group and its competitors. This is 20% below median its historical median of 4.28. Over the past decade, Military Group's Cyclically Adjusted PB Ratio has ranged from 2.11 to 116.67. According to the industry distribution chart, Military Group ranks #804 out of 1026 companies in the Vehicles & Parts industry, placing it in the top 78.4%.
Is Military Group's Cyclically Adjusted PB Ratio too high?
Military Group's current Cyclically Adjusted PB Ratio of 3.43 is 20% below median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 116.67. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Military Group's value of 3.43 is 170.1% above this industry median. Based on the distribution chart, Military Group ranks #804 out of 1026 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Military Group has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Military Group's Cyclically Adjusted PB Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Military Group ranks #804 out of 1026 companies for Cyclically Adjusted PB Ratio. This places Military Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Military Group's value of 3.43 is 170.1% above this benchmark. Historically, Military Group's own Cyclically Adjusted PB Ratio has ranged from 2.11 to 116.67 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 1.27, Military 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,026 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. Military Group's current Cyclically Adjusted PB Ratio of 3.43 is 170.1% 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 Military Group and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Military Group's current Cyclically Adjusted PB Ratio is 3.43, which is 20% below median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Military Group stock overvalued right now?
Based on GuruFocus' analysis, Military Group (WAR:MIG) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.11, compared to a current price of zł0.34 — trading 211.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.43, which is 20% below median its 10-year median of 4.28 and 170.1% above the Vehicles & Parts industry median of 1.27. Military Group's overall GF Score™ is 22/100 with 3 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 Military Group (WAR:MIG), the current Cyclically Adjusted PB Ratio is 3.43 as of Jul. 30, 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 Military Group (WAR:MIG) Overvalued in 2026?

Based on GuruFocus' analysis, Military Group stock appears to be overvalued. The current stock price of zł0.34 is trading 211.8% above its estimated GF Value™ of zł0.11. GuruFocus considers Military Group to be Significantly Overvalued.

Key valuation signals for WAR:MIG:

  • Cyclically Adjusted PB Ratio: 3.43 (20% below median its 10-year median of 4.28)
  • GF Value™: zł0.11 vs. price of zł0.34 (211.8% above fair value)
  • GF Score™: 22/100 with 3 warning signs
  • Industry Position: 170.1% above the Vehicles & Parts median (#804 of 1026)

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


Military Group Business Description

Address ul. Grunwaldzka 13, Ilawa, POL
Military Group SA offers repair of diesel engines for commercial vehicles and trucks, construction machinery, and agricultural vehicles.
22GF Score

Get the complete analysis for WAR:MIG

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

zł0.34
Price
zł0.11
GF Value