Polman (WAR:PLM) Cyclically Adjusted PB Ratio: 1.06 (As of Jul. 17, 2026) — 21% Below Median

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WAR:PLM Polman SA WAR:PLM
49 GF Score
Price zł0.38
GF Value zł0.56
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Polman Cyclically Adjusted PB Ratio?

Polman WAR:PLM +8.26% 49 Cyclically Adjusted PB Ratio is 1.06 as of Jul. 17, 2026, which is 21% below its 10-year median of 1.35. GuruFocus rates WAR:PLM with a GF Score™ of 49/100 and a GF Value™ of zł0.56 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 730 Business Services companies, Polman ranks better than 62.74% on this metric.

As of today (2026-07-17), Polman's current share price is zł0.38. Polman's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.36. Polman's Cyclically Adjusted PB Ratio for today is 1.06.

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

WAR:PLM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.35   Max: 2.2
Current: 1.09

During the past years, Polman's highest Cyclically Adjusted PB Ratio was 2.20. The lowest was 0.97. And the median was 1.35.

WAR:PLM's Cyclically Adjusted PB Ratio is ranked better than
62.74% of 730 companies
in the Business Services industry
Industry Median: 1.565 vs WAR:PLM: 1.09

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.

Polman's adjusted book value per share data for the three months ended in Mar. 2026 was zł0.203. 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 zł0.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polman  (WAR:PLM) 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.


Polman Cyclically Adjusted PB Ratio Related Terms


Polman Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Polman'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.

Polman Cyclically Adjusted PB Ratio Chart

Polman 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 1.41 1.54 1.55 1.02 1.20

Polman 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 1.29 1.32 1.18 1.20 1.15

WAR:PLM vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Polman'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.


Polman Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Polman's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:PLM
49GF Score
Polman SA WAR:PLM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polman 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.38/0.36
=1.06

* 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.

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

For example, Polman'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)
=0.203/163.0700*163.0700
=0.203

Current CPI (Mar. 2026) = 163.0700.

Polman Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.233 99.552 0.382
201609 0.229 99.064 0.377
201612 0.227 100.366 0.369
201703 0.226 101.018 0.365
201706 0.242 101.180 0.390
201709 0.227 101.343 0.365
201712 0.227 102.564 0.361
201803 0.228 102.564 0.363
201806 0.232 103.378 0.366
201809 0.229 103.378 0.361
201812 0.275 103.785 0.432
201903 0.280 104.274 0.438
201906 0.285 105.983 0.439
201909 0.305 105.983 0.469
201912 0.327 107.123 0.498
202003 0.337 109.076 0.504
202006 0.350 109.402 0.522
202009 0.361 109.320 0.538
202012 0.357 109.565 0.531
202103 0.363 112.658 0.525
202106 0.377 113.960 0.539
202109 0.359 115.588 0.506
202112 0.270 119.088 0.370
202203 0.265 125.031 0.346
202206 0.285 131.705 0.353
202209 0.290 135.531 0.349
202212 0.267 139.113 0.313
202303 0.275 145.950 0.307
202306 0.306 147.009 0.339
202309 0.315 146.113 0.352
202312 0.237 147.741 0.262
202403 0.206 149.044 0.225
202406 0.192 150.997 0.207
202409 0.226 153.439 0.240
202412 0.243 154.660 0.256
202503 0.182 157.021 0.189
202506 0.171 157.509 0.177
202509 0.205 158.000 0.212
202512 0.230 158.320 0.237
202603 0.203 163.070 0.203

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 1.06 mean?
Polman (WAR:PLM) has a Cyclically Adjusted PB Ratio of 1.06 as of Jul. 17, 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 Polman and its competitors. This is 21% below median its historical median of 1.35. Over the past decade, Polman's Cyclically Adjusted PB Ratio has ranged from 0.97 to 2.20. According to the industry distribution chart, Polman ranks #272 out of 730 companies in the Business Services industry, placing it in the top 37.3%.
Is Polman's Cyclically Adjusted PB Ratio too high?
Polman's current Cyclically Adjusted PB Ratio of 1.06 is 21% below median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 2.20. The Business Services industry median Cyclically Adjusted PB Ratio is 1.57. Polman's value of 1.06 is 32.3% below this industry median. Based on the distribution chart, Polman ranks #272 out of 730 companies in the Business Services industry, which is above the industry midpoint. Overall, Polman has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polman's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Polman ranks #272 out of 730 companies for Cyclically Adjusted PB Ratio. This puts Polman in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. Polman's value of 1.06 is 32.3% below this benchmark. Historically, Polman's own Cyclically Adjusted PB Ratio has ranged from 0.97 to 2.20 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.57, Polman 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.57, based on 730 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. Polman's current Cyclically Adjusted PB Ratio of 1.06 is 32.3% 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 Polman and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polman's current Cyclically Adjusted PB Ratio is 1.06, which is 21% below median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polman stock overvalued right now?
Based on GuruFocus' analysis, Polman (WAR:PLM) is currently considered Significantly Undervalued. The stock's GF Value™ is zł0.56, compared to a current price of zł0.38 — trading 32.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 21% below median its 10-year median of 1.35 and 32.3% below the Business Services industry median of 1.57. Polman's overall GF Score™ is 49/100 with 4 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 Polman (WAR:PLM), the current Cyclically Adjusted PB Ratio is 1.06 as of Jul. 17, 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 Polman (WAR:PLM) Overvalued in 2026?

Based on GuruFocus' analysis, Polman stock appears to be undervalued. The current stock price of zł0.38 is trading 32.1% below its estimated GF Value™ of zł0.56. GuruFocus considers Polman to be Significantly Undervalued.

Key valuation signals for WAR:PLM:

  • Cyclically Adjusted PB Ratio: 1.06 (21% below median its 10-year median of 1.35)
  • GF Value™: zł0.56 vs. price of zł0.38 (32.1% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 32.3% below the Business Services median (#272 of 730)

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


Polman Business Description

Address ul. On the Skraju Street 68, Warsaw, POL, 02-197
Polman SA provides various industrial cleaning services. The company activities inlcude high-pressure cleaning of industrial surfaces and installations, chemical cleaning and etching of industrial installations, vacuuming and dedusting, vacuum loading, transport and unloading of all loose, semi-liquid and liquid materials, cleaning and rinsing oil systems with oil change and hydrodynamic cleaning of air and smoke heaters etc. The company serves petrochemical, chemical, energy, and combined heat and power, food and paper industries.
49GF Score

Get the complete analysis for WAR:PLM

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

zł0.38
Price
zł0.56
GF Value