Proacta (WAR:PAC) Cyclically Adjusted PB Ratio: 2.36 (As of Jul. 20, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:PAC Proacta SA WAR:PAC
67 GF Score
Price zł1.65
GF Value zł3.00
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Proacta Cyclically Adjusted PB Ratio?

Proacta WAR:PAC -1.79% 67 Cyclically Adjusted PB Ratio is 2.36 as of Jul. 20, 2026, which is 2% below its 10-year median of 2.42. GuruFocus rates WAR:PAC with a GF Score™ of 67/100 and a GF Value™ of zł3.00 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 714 Media - Diversified companies, Proacta ranks worse than 77.73% on this metric.

As of today (2026-07-20), Proacta's current share price is zł1.65. Proacta's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.70. Proacta's Cyclically Adjusted PB Ratio for today is 2.36.

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

WAR:PAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.42   Max: 3.2
Current: 2.35

During the past years, Proacta's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 1.16. And the median was 2.42.

WAR:PAC's Cyclically Adjusted PB Ratio is ranked worse than
77.73% of 714 companies
in the Media - Diversified industry
Industry Median: 0.985 vs WAR:PAC: 2.35

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.

Proacta's adjusted book value per share data for the three months ended in Mar. 2026 was zł0.407. 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 zł0.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Proacta  (WAR:PAC) 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.


Proacta Cyclically Adjusted PB Ratio Related Terms


Proacta Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Proacta'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.

Proacta Cyclically Adjusted PB Ratio Chart

Proacta 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 0.00 0.00 0.00 0.00 0.00

Proacta 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 0.00 0.00 0.00 0.00 1.17

WAR:PAC vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Proacta'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.


Proacta Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


WAR:PAC
67GF Score
Proacta SA WAR:PAC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Proacta 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.65/0.70
=2.36

* 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.

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

For example, Proacta'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)
=0.407/163.0700*163.0700
=0.407

Current CPI (Mar. 2026) = 163.0700.

Proacta Quarterly Data

Book Value per Share CPI Adj_Book
201512 -0.125 99.471 -0.205
201609 0.000 99.064 0.000
201612 0.220 100.366 0.357
201703 0.000 101.018 0.000
201706 0.000 101.180 0.000
201709 0.449 101.343 0.722
201712 0.368 102.564 0.585
201803 0.674 102.564 1.072
201806 0.661 103.378 1.043
201809 0.653 103.378 1.030
201812 0.819 103.785 1.287
201903 0.823 104.274 1.287
201906 0.800 105.983 1.231
201909 0.764 105.983 1.176
201912 0.820 107.123 1.248
202003 0.747 109.076 1.117
202006 0.764 109.402 1.139
202009 0.758 109.320 1.131
202012 0.451 109.565 0.671
202103 0.726 112.658 1.051
202106 0.531 113.960 0.760
202109 0.538 115.588 0.759
202112 0.496 119.088 0.679
202203 0.629 125.031 0.820
202206 0.489 131.705 0.605
202209 0.473 135.531 0.569
202212 0.215 139.113 0.252
202303 0.413 145.950 0.461
202306 0.157 147.009 0.174
202309 0.467 146.113 0.521
202312 0.479 147.741 0.529
202403 0.469 149.044 0.513
202406 0.448 150.997 0.484
202409 0.450 153.439 0.478
202412 0.389 154.660 0.410
202503 0.438 157.021 0.455
202506 0.393 157.509 0.407
202509 0.405 158.000 0.418
202512 0.343 158.320 0.353
202603 0.407 163.070 0.407

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 2.36 mean?
Proacta (WAR:PAC) has a Cyclically Adjusted PB Ratio of 2.36 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 Proacta and its competitors. This is near median its historical median of 2.42. Over the past decade, Proacta's Cyclically Adjusted PB Ratio has ranged from 1.16 to 3.20. According to the industry distribution chart, Proacta ranks #555 out of 714 companies in the Media - Diversified industry, placing it in the top 77.7%.
Is Proacta's Cyclically Adjusted PB Ratio too high?
Proacta's current Cyclically Adjusted PB Ratio of 2.36 is near median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 3.20. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.99. Proacta's value of 2.36 is 139.6% above this industry median. Based on the distribution chart, Proacta ranks #555 out of 714 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Proacta has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Proacta's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Proacta ranks #555 out of 714 companies for Cyclically Adjusted PB Ratio. This places Proacta in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Proacta's value of 2.36 is 139.6% above this benchmark. Historically, Proacta's own Cyclically Adjusted PB Ratio has ranged from 1.16 to 3.20 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 0.99, Proacta 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.99, based on 714 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. Proacta's current Cyclically Adjusted PB Ratio of 2.36 is 139.6% 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 Proacta and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proacta's current Cyclically Adjusted PB Ratio is 2.36, which is near median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proacta stock overvalued right now?
Based on GuruFocus' analysis, Proacta (WAR:PAC) is currently considered Possible Value Trap. The stock's GF Value™ is zł3.00, compared to a current price of zł1.65 — trading 45% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.36, which is near median its 10-year median of 2.42 and 139.6% above the Media - Diversified industry median of 0.99. Proacta's overall GF Score™ is 67/100 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 Proacta (WAR:PAC), the current Cyclically Adjusted PB Ratio is 2.36 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 Proacta (WAR:PAC) Overvalued in 2026?

Based on GuruFocus' analysis, Proacta stock appears to be undervalued. The current stock price of zł1.65 is trading 45% below its estimated GF Value™ of zł3.00. GuruFocus considers Proacta to be Possible Value Trap.

Key valuation signals for WAR:PAC:

  • Cyclically Adjusted PB Ratio: 2.36 (near median its 10-year median of 2.42)
  • GF Value™: zł3.00 vs. price of zł1.65 (45% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 139.6% above the Media - Diversified median (#555 of 714)

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


Proacta Business Description

Address ul. Srebrna 16, Warszawa, POL, 00-810
Proacta SA focuses on bioinformatics and software development for its clients.
67GF Score

Get the complete analysis for WAR:PAC

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

zł1.65
Price
zł3.00
GF Value