Medard (WAR:MRD) Cyclically Adjusted PB Ratio: 3.23 (As of Aug. 07, 2026)

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WAR:MRD Medard SA WAR:MRD
19 GF Score
Price zł0.65
! 1 Warning Sign
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What is Medard Cyclically Adjusted PB Ratio?

Medard WAR:MRD 19 Cyclically Adjusted PB Ratio is 3.23 as of Aug. 07, 2026. GuruFocus rates WAR:MRD with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 346 Interactive Media companies, Medard ranks worse than 65.32% on this metric.

As of today (2026-08-07), Medard's current share price is zł0.645. Medard's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.20. Medard's Cyclically Adjusted PB Ratio for today is 3.23.

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

WAR:MRD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.41
Current: 2.41

During the past years, Medard's highest Cyclically Adjusted PB Ratio was 2.41. The lowest was 0.00. And the median was 0.00.

WAR:MRD's Cyclically Adjusted PB Ratio is ranked worse than
65.32% of 346 companies
in the Interactive Media industry
Industry Median: 1.44 vs WAR:MRD: 2.41

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.

Medard's adjusted book value per share data for the three months ended in Mar. 2026 was zł-0.012. 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 zł0.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medard  (WAR:MRD) 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.


Medard Cyclically Adjusted PB Ratio Related Terms


Medard Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Medard'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.

Medard Cyclically Adjusted PB Ratio Chart

Medard 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 1.08 0.00 2.22 3.19

Medard 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 2.47 2.86 2.99 3.19 3.26

WAR:MRD vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Medard'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.


Medard Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Medard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:MRD
19GF Score
Medard SA WAR:MRD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Medard 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.645/0.20
=3.23

* 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.

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

For example, Medard'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)
=-0.012/163.0700*163.0700
=-0.012

Current CPI (Mar. 2026) = 163.0700.

Medard Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.234 99.552 0.383
201609 0.179 99.064 0.295
201612 0.322 100.366 0.523
201703 0.313 101.018 0.505
201706 0.301 101.180 0.485
201709 0.265 101.343 0.426
201712 0.247 102.564 0.393
201803 0.246 102.564 0.391
201806 0.232 103.378 0.366
201809 0.217 103.378 0.342
201812 0.189 103.785 0.297
201903 0.192 104.274 0.300
201906 0.184 105.983 0.283
201909 0.176 105.983 0.271
201912 0.167 107.123 0.254
202003 0.161 109.076 0.241
202006 0.155 109.402 0.231
202009 0.147 109.320 0.219
202012 0.139 109.565 0.207
202103 0.131 112.658 0.190
202106 0.122 113.960 0.175
202109 0.113 115.588 0.159
202112 0.106 119.088 0.145
202203 0.098 125.031 0.128
202206 0.089 131.705 0.110
202209 0.082 135.531 0.099
202212 0.073 139.113 0.086
202303 0.066 145.950 0.074
202306 0.057 147.009 0.063
202309 0.048 146.113 0.054
202312 0.000 147.741 0.000
202403 0.029 149.044 0.032
202406 0.024 150.997 0.026
202409 0.019 153.439 0.020
202412 0.013 154.660 0.014
202503 0.009 157.021 0.009
202506 0.003 157.509 0.003
202509 -0.002 158.000 -0.002
202512 -0.007 158.320 -0.007
202603 -0.012 163.070 -0.012

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 3.23 mean?
Medard (WAR:MRD) has a Cyclically Adjusted PB Ratio of 3.23 as of Aug. 07, 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 Medard and its competitors. According to the industry distribution chart, Medard ranks #226 out of 346 companies in the Interactive Media industry, placing it in the top 65.3%.
Is Medard's Cyclically Adjusted PB Ratio too high?
Medard's current Cyclically Adjusted PB Ratio is 3.23. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. Medard's value of 3.23 is 124.3% above this industry median. Based on the distribution chart, Medard ranks #226 out of 346 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Medard has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Medard's Cyclically Adjusted PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Medard ranks #226 out of 346 companies for Cyclically Adjusted PB Ratio. This places Medard in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. Medard's value of 3.23 is 124.3% above this benchmark. 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 Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.44, based on 346 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. Medard's current Cyclically Adjusted PB Ratio of 3.23 is 124.3% 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 Medard and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medard's current Cyclically Adjusted PB Ratio is 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medard stock overvalued right now?
Medard (WAR:MRD) has a current Cyclically Adjusted PB Ratio of 3.23. The current Cyclically Adjusted PB Ratio is 3.23 and 124.3% above the Interactive Media industry median of 1.44. Medard's overall GF Score™ is 19/100 with 1 warning sign 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 Medard (WAR:MRD), the current Cyclically Adjusted PB Ratio is 3.23 as of Aug. 07, 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.

Medard Business Description

Address ul. Bagno 2/212, Warszawa, POL, 00-112
Medard SA, formerly Boomerang SA is a web development company. It provides services including website creation, maintenance services, implementation of content management systems, search engine optimization, to Internet marketing and consulting.
19GF Score

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

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