Mostostal Plock (WAR:MSP) Cyclically Adjusted PB Ratio: 0.72 (As of Jul. 20, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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WAR:MSP Mostostal Plock SA WAR:MSP
61 GF Score
Price zł13.60
GF Value zł23.07
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Mostostal Plock Cyclically Adjusted PB Ratio?

Mostostal Plock WAR:MSP +0.37% 61 Cyclically Adjusted PB Ratio is 0.72 as of Jul. 20, 2026, which is at its 10-year median of 0.72. GuruFocus rates WAR:MSP with a GF Score™ of 61/100 and a GF Value™ of zł23.07 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,361 Construction companies, Mostostal Plock ranks better than 67.45% on this metric.

As of today (2026-07-20), Mostostal Plock's current share price is zł13.60. Mostostal Plock's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł18.96. Mostostal Plock's Cyclically Adjusted PB Ratio for today is 0.72.

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

WAR:MSP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.72   Max: 1.9
Current: 0.72

During the past years, Mostostal Plock's highest Cyclically Adjusted PB Ratio was 1.90. The lowest was 0.12. And the median was 0.72.

WAR:MSP's Cyclically Adjusted PB Ratio is ranked better than
67.45% of 1361 companies
in the Construction industry
Industry Median: 1.18 vs WAR:MSP: 0.72

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.

Mostostal Plock's adjusted book value per share data for the three months ended in Mar. 2026 was zł10.318. 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 zł18.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mostostal Plock  (WAR:MSP) 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.


Mostostal Plock Cyclically Adjusted PB Ratio Related Terms


Mostostal Plock Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mostostal Plock'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.

Mostostal Plock Cyclically Adjusted PB Ratio Chart

Mostostal Plock 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 1.20 0.79 0.85 0.40 0.75

Mostostal Plock Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 0.40 0.77 0.80 0.75 0.77

WAR:MSP vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Mostostal Plock'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.


Mostostal Plock Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Mostostal Plock's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:MSP
61GF Score
Mostostal Plock SA WAR:MSP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mostostal Plock 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.

Mostostal Plock's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.60/18.96
=0.72

* 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.

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

For example, Mostostal Plock'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)
=10.318/163.0700*163.0700
=10.318

Current CPI (Mar. 2026) = 163.0700.

Mostostal Plock Quarterly Data

Book Value per Share CPI Adj_Book
201512 18.457 99.471 30.258
201603 17.731 98.983 29.211
201606 16.689 99.552 27.337
201609 16.743 99.064 27.561
201612 15.970 100.366 25.947
201703 16.377 101.018 26.437
201706 16.471 101.180 26.546
201709 16.021 101.343 25.779
201712 10.971 102.564 17.443
201803 7.776 102.564 12.363
201806 5.088 103.378 8.026
201809 6.175 103.378 9.741
201812 7.637 103.785 11.999
201903 8.634 104.274 13.502
201906 0.000 105.983 0.000
201909 0.000 105.983 0.000
201912 10.210 107.123 15.542
202003 10.719 109.076 16.025
202006 11.294 109.402 16.834
202009 12.879 109.320 19.211
202012 12.445 109.565 18.522
202103 13.082 112.658 18.936
202106 17.172 113.960 24.572
202109 19.167 115.588 27.041
202112 21.569 119.088 29.535
202203 22.492 125.031 29.335
202206 18.985 131.705 23.506
202209 18.887 135.531 22.725
202212 18.950 139.113 22.213
202303 18.511 145.950 20.682
202306 18.311 147.009 20.312
202309 18.389 146.113 20.523
202312 12.298 147.741 13.574
202403 10.481 149.044 11.467
202406 7.110 150.997 7.678
202412 9.121 154.660 9.617
202503 9.405 157.021 9.767
202506 9.640 157.509 9.980
202512 10.139 158.320 10.443
202603 10.318 163.070 10.318

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 0.72 mean?
Mostostal Plock (WAR:MSP) has a Cyclically Adjusted PB Ratio of 0.72 as of Jul. 20, 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 Mostostal Plock and its competitors. This is near median its historical median of 0.72. Over the past decade, Mostostal Plock's Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.90. According to the industry distribution chart, Mostostal Plock ranks #443 out of 1361 companies in the Construction industry, placing it in the top 32.5%.
Is Mostostal Plock's Cyclically Adjusted PB Ratio too high?
Mostostal Plock's current Cyclically Adjusted PB Ratio of 0.72 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.90. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. Mostostal Plock's value of 0.72 is 39% below this industry median. Based on the distribution chart, Mostostal Plock ranks #443 out of 1361 companies in the Construction industry, which is above the industry midpoint. Overall, Mostostal Plock has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mostostal Plock's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Mostostal Plock ranks #443 out of 1361 companies for Cyclically Adjusted PB Ratio. This puts Mostostal Plock in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Mostostal Plock's value of 0.72 is 39% below this benchmark. Historically, Mostostal Plock's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.90 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.18, Mostostal Plock has consistently been below 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.18, based on 1,361 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. Mostostal Plock's current Cyclically Adjusted PB Ratio of 0.72 is 39% below 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 Mostostal Plock and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mostostal Plock's current Cyclically Adjusted PB Ratio is 0.72, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mostostal Plock stock overvalued right now?
Based on GuruFocus' analysis, Mostostal Plock (WAR:MSP) is currently considered Possible Value Trap. The stock's GF Value™ is zł23.07, compared to a current price of zł13.60 — trading 41% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.72, which is near median its 10-year median of 0.72 and 39% below the Construction industry median of 1.18. Mostostal Plock's overall GF Score™ is 61/100 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 Mostostal Plock (WAR:MSP), the current Cyclically Adjusted PB Ratio is 0.72 as of Jul. 20, 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 Mostostal Plock (WAR:MSP) Overvalued in 2026?

Based on GuruFocus' analysis, Mostostal Plock stock appears to be undervalued. The current stock price of zł13.60 is trading 41% below its estimated GF Value™ of zł23.07. GuruFocus considers Mostostal Plock to be Possible Value Trap.

Key valuation signals for WAR:MSP:

  • Cyclically Adjusted PB Ratio: 0.72 (near median its 10-year median of 0.72)
  • GF Value™: zł23.07 vs. price of zł13.60 (41% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 39% below the Construction median (#443 of 1361)

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


Mostostal Plock Business Description

Address ul. Targowa 12, Plock, POL, 09-400
Mostostal Plock SA operates in the construction and assembly industry. It provides service such as construction and assembly of tanks, pipelines and industrial equipment, execution and assembly of steel, light, medium and heavy structures.
61GF Score

Get the complete analysis for WAR:MSP

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

zł13.60
Price
zł23.07
GF Value