Mennica Polska (WAR:MNC) Cyclically Adjusted PB Ratio: 2.72 (As of Aug. 16, 2026) — 49% Above Median

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WAR:MNC Mennica Polska SA WAR:MNC
83 GF Score
Price zł41.90
GF Value zł35.91
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Mennica Polska Cyclically Adjusted PB Ratio?

Mennica Polska WAR:MNC 83 Cyclically Adjusted PB Ratio is 2.72 as of Aug. 16, 2026, which is 49% above its 10-year median of 1.82. GuruFocus rates WAR:MNC with a GF Score™ of 83/100 and a GF Value™ of zł35.91 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,203 Industrial Products companies, Mennica Polska ranks worse than 58.1% on this metric.

As of today (2026-08-16), Mennica Polska's current share price is zł41.90. Mennica Polska's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł15.42. Mennica Polska's Cyclically Adjusted PB Ratio for today is 2.72.

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

WAR:MNC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.82   Max: 3.45
Current: 2.72

During the past years, Mennica Polska's highest Cyclically Adjusted PB Ratio was 3.45. The lowest was 1.08. And the median was 1.82.

WAR:MNC's Cyclically Adjusted PB Ratio is ranked worse than
58.1% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs WAR:MNC: 2.72

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.

Mennica Polska's adjusted book value per share data for the three months ended in Mar. 2026 was zł22.716. 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 zł15.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mennica Polska  (WAR:MNC) 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.


Mennica Polska Cyclically Adjusted PB Ratio Related Terms


Mennica Polska Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mennica Polska'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.

Mennica Polska Cyclically Adjusted PB Ratio Chart

Mennica Polska 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 1.82 1.20 1.20 1.31 3.26

Mennica Polska 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 1.66 1.98 2.26 3.26 2.97

WAR:MNC vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Mennica Polska'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.


Mennica Polska Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mennica Polska's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:MNC
83GF Score
Mennica Polska SA WAR:MNC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mennica Polska 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.

Mennica Polska's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.90/15.42
=2.72

* 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.

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

For example, Mennica Polska'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)
=22.716/163.0700*163.0700
=22.716

Current CPI (Mar. 2026) = 163.0700.

Mennica Polska Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.624 99.552 12.488
201609 8.156 99.064 13.426
201612 8.033 100.366 13.052
201703 9.483 101.018 15.308
201706 8.913 101.180 14.365
201709 8.695 101.343 13.991
201712 10.546 102.564 16.767
201803 10.760 102.564 17.108
201806 10.159 103.378 16.025
201809 10.448 103.378 16.481
201812 10.864 103.785 17.070
201903 10.783 104.274 16.863
201906 9.911 105.983 15.250
201909 9.919 105.983 15.262
201912 9.882 107.123 15.043
202003 9.570 109.076 14.307
202006 9.728 109.402 14.500
202009 9.598 109.320 14.317
202012 10.504 109.565 15.634
202103 10.967 112.658 15.875
202106 11.160 113.960 15.969
202109 11.407 115.588 16.093
202112 11.507 119.088 15.757
202203 11.966 125.031 15.607
202206 11.538 131.705 14.286
202209 11.226 135.531 13.507
202212 11.479 139.113 13.456
202303 11.610 145.950 12.972
202306 12.111 147.009 13.434
202309 12.405 146.113 13.845
202312 13.171 147.741 14.538
202403 13.539 149.044 14.813
202406 12.772 150.997 13.793
202409 13.256 153.439 14.088
202412 13.450 154.660 14.181
202503 14.226 157.021 14.774
202506 13.831 157.509 14.319
202509 21.867 158.000 22.569
202512 22.178 158.320 22.843
202603 22.716 163.070 22.716

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 2.72 mean?
Mennica Polska (WAR:MNC) has a Cyclically Adjusted PB Ratio of 2.72 as of Aug. 16, 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 Mennica Polska and its competitors. This is 49% above median its historical median of 1.82. Over the past decade, Mennica Polska's Cyclically Adjusted PB Ratio has ranged from 1.08 to 3.45. According to the industry distribution chart, Mennica Polska ranks #1280 out of 2203 companies in the Industrial Products industry, placing it in the top 58.1%.
Is Mennica Polska's Cyclically Adjusted PB Ratio too high?
Mennica Polska's current Cyclically Adjusted PB Ratio of 2.72 is 49% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 3.45. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Mennica Polska's value of 2.72 is 24.8% above this industry median. Based on the distribution chart, Mennica Polska ranks #1280 out of 2203 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mennica Polska has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mennica Polska's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Mennica Polska ranks #1280 out of 2203 companies for Cyclically Adjusted PB Ratio. This places Mennica Polska in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Mennica Polska's value of 2.72 is 24.8% above this benchmark. Historically, Mennica Polska's own Cyclically Adjusted PB Ratio has ranged from 1.08 to 3.45 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 2.18, Mennica Polska 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.18, based on 2,203 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. Mennica Polska's current Cyclically Adjusted PB Ratio of 2.72 is 24.8% 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 Mennica Polska and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mennica Polska's current Cyclically Adjusted PB Ratio is 2.72, which is 49% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mennica Polska stock overvalued right now?
Based on GuruFocus' analysis, Mennica Polska (WAR:MNC) is currently considered Modestly Overvalued. The stock's GF Value™ is zł35.91, compared to a current price of zł41.90 — trading 16.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.72, which is 49% above median its 10-year median of 1.82 and 24.8% above the Industrial Products industry median of 2.18. Mennica Polska's overall GF Score™ is 83/100 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 Mennica Polska (WAR:MNC), the current Cyclically Adjusted PB Ratio is 2.72 as of Aug. 16, 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 Mennica Polska (WAR:MNC) Overvalued in 2026?

Based on GuruFocus' analysis, Mennica Polska stock appears to be overvalued. The current stock price of zł41.90 is trading 16.7% above its estimated GF Value™ of zł35.91. GuruFocus considers Mennica Polska to be Modestly Overvalued.

Key valuation signals for WAR:MNC:

  • Cyclically Adjusted PB Ratio: 2.72 (49% above median its 10-year median of 1.82)
  • GF Value™: zł35.91 vs. price of zł41.90 (16.7% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 24.8% above the Industrial Products median (#1280 of 2203)

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


Mennica Polska Business Description

Other Exchanges 7N5:Germany
Address al Jana Pawla II 23, Atrium International Business Center, 3rd floor, Warsaw, POL, 00-854
Mennica Polska SA is a metal processing company in Poland. It is one of the country's leading producers and distributors of mint and engraving/medal products. The activities of the company are focused on four markets, namely mint products, precious metals processing, ICT services and property development. Mennica's core activity is the production of coins in circulation in Poland. Additionally, it also produces badges, medals, and token coins. In its precious metals segment, the company manufactures catalytic gauzes, paints, equipment for glass furnaces, rolled and drawn precious metal products. The Electronic payment segment deals with the operation of card systems, the sale of public transport tickets and other payment systems.
83GF Score

Get the complete analysis for WAR:MNC

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

zł41.90
Price
zł35.91
GF Value