Prochem (WAR:PRM) Cyclically Adjusted PB Ratio: 0.55 (As of Jul. 18, 2026) — 18% Below Median

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WAR:PRM Prochem SA WAR:PRM
59 GF Score
Price zł22.60
GF Value zł23.53
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Prochem Cyclically Adjusted PB Ratio?

Prochem WAR:PRM -0.44% 59 Cyclically Adjusted PB Ratio is 0.55 as of Jul. 18, 2026, which is 18% below its 10-year median of 0.67. GuruFocus rates WAR:PRM with a GF Score™ of 59/100 and a GF Value™ of zł23.53 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,360 Construction companies, Prochem ranks better than 75.74% on this metric.

As of today (2026-07-18), Prochem's current share price is zł22.60. Prochem's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł40.74. Prochem's Cyclically Adjusted PB Ratio for today is 0.55.

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

WAR:PRM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.67   Max: 1.06
Current: 0.56

During the past years, Prochem's highest Cyclically Adjusted PB Ratio was 1.06. The lowest was 0.45. And the median was 0.67.

WAR:PRM's Cyclically Adjusted PB Ratio is ranked better than
75.74% of 1360 companies
in the Construction industry
Industry Median: 1.18 vs WAR:PRM: 0.56

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.

Prochem's adjusted book value per share data for the three months ended in Mar. 2026 was zł11.834. 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 zł40.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prochem  (WAR:PRM) 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.


Prochem Cyclically Adjusted PB Ratio Related Terms


Prochem Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Prochem'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.

Prochem Cyclically Adjusted PB Ratio Chart

Prochem 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 0.72 0.83 0.70 0.68 0.57

Prochem 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 0.63 0.52 0.48 0.57 0.62

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

For the Engineering & Construction subindustry, Prochem'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.


Prochem Cyclically Adjusted PB Ratio vs Construction Industry

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

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


WAR:PRM
59GF Score
Prochem SA WAR:PRM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prochem 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.60/40.74
=0.55

* 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.

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

For example, Prochem'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)
=11.834/163.0700*163.0700
=11.834

Current CPI (Mar. 2026) = 163.0700.

Prochem Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.076 99.552 37.799
201609 23.253 99.064 38.277
201612 22.643 100.366 36.789
201703 22.747 101.018 36.720
201706 22.863 101.180 36.848
201709 24.513 101.343 39.444
201712 27.020 102.564 42.960
201803 27.345 102.564 43.477
201806 27.170 103.378 42.858
201809 27.837 103.378 43.910
201812 28.600 103.785 44.937
201903 28.938 104.274 45.255
201906 29.451 105.983 45.315
201909 30.000 105.983 46.159
201912 31.283 107.123 47.621
202003 31.176 109.076 46.608
202006 32.176 109.402 47.960
202009 32.585 109.320 48.606
202012 35.987 109.565 53.561
202103 37.469 112.658 54.236
202106 47.681 113.960 68.229
202109 41.315 115.588 58.287
202112 42.097 119.088 57.644
202203 42.893 125.031 55.943
202206 41.897 131.705 51.874
202209 42.128 135.531 50.688
202212 44.918 139.113 52.654
202303 44.827 145.950 50.085
202306 37.627 147.009 41.738
202309 37.446 146.113 41.792
202312 32.241 147.741 35.586
202403 31.268 149.044 34.211
202406 27.753 150.997 29.972
202409 25.688 153.439 27.300
202412 19.953 154.660 21.038
202503 17.199 157.021 17.862
202506 14.582 157.509 15.097
202509 15.050 158.000 15.533
202512 12.644 158.320 13.023
202603 11.834 163.070 11.834

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 0.55 mean?
Prochem (WAR:PRM) has a Cyclically Adjusted PB Ratio of 0.55 as of Jul. 18, 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 Prochem and its competitors. This is 18% below median its historical median of 0.67. Over the past decade, Prochem's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.06. According to the industry distribution chart, Prochem ranks #330 out of 1360 companies in the Construction industry, placing it in the top 24.3%.
Is Prochem's Cyclically Adjusted PB Ratio too high?
Prochem's current Cyclically Adjusted PB Ratio of 0.55 is 18% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.06. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. Prochem's value of 0.55 is 53.4% below this industry median. Based on the distribution chart, Prochem ranks #330 out of 1360 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Prochem has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prochem's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Prochem ranks #330 out of 1360 companies for Cyclically Adjusted PB Ratio. This places Prochem in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.18. Prochem's value of 0.55 is 53.4% below this benchmark. Historically, Prochem's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.06 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.18, Prochem 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 1,360 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. Prochem's current Cyclically Adjusted PB Ratio of 0.55 is 53.4% 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 Prochem 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. Prochem's current Cyclically Adjusted PB Ratio is 0.55, which is 18% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prochem stock overvalued right now?
Based on GuruFocus' analysis, Prochem (WAR:PRM) is currently considered Fairly Valued. The stock's GF Value™ is zł23.53, compared to a current price of zł22.60 — trading 4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 18% below median its 10-year median of 0.67 and 53.4% below the Construction industry median of 1.18. Prochem's overall GF Score™ is 59/100 with 6 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 Prochem (WAR:PRM), the current Cyclically Adjusted PB Ratio is 0.55 as of Jul. 18, 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 Prochem (WAR:PRM) Overvalued in 2026?

Based on GuruFocus' analysis, Prochem stock appears to be undervalued. The current stock price of zł22.60 is trading 4% below its estimated GF Value™ of zł23.53. GuruFocus considers Prochem to be Fairly Valued.

Key valuation signals for WAR:PRM:

  • Cyclically Adjusted PB Ratio: 0.55 (18% below median its 10-year median of 0.67)
  • GF Value™: zł23.53 vs. price of zł22.60 (4% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 53.4% below the Construction median (#330 of 1360)

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


Prochem Business Description

Address Lopuszanska 95, Warszawa, POL, 02-457
Prochem SA is involved in providing engineering and general construction services in Poland, Belarus, and internationally. It offers pre-investment services, such as program-and-spatial concepts, technical recommendations; and conducts feasibility studies for new investment projects, as well as for the purpose of modernization and extension projects.
59GF Score

Get the complete analysis for WAR:PRM

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

zł22.60
Price
zł23.53
GF Value