Rafamet (WAR:RAF) Cyclically Adjusted PB Ratio: 1.73 (As of Sep. 15, 2026) — 175% Above Median

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WAR:RAF Rafamet SA WAR:RAF
47 GF Score
Price zł44.45
GF Value zł5.64
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Rafamet Cyclically Adjusted PB Ratio?

Rafamet WAR:RAF -1.11% 47 Cyclically Adjusted PB Ratio is 1.73 as of Sep. 15, 2026, which is 175% above its 10-year median of 0.63. GuruFocus rates WAR:RAF with a GF Score™ of 47/100 and a GF Value™ of zł5.64 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,099 Industrial Products companies, Rafamet ranks better than 56.98% on this metric.

As of today (2026-09-15), Rafamet's current share price is zł44.45. Rafamet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł25.73. Rafamet's Cyclically Adjusted PB Ratio for today is 1.73.

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

WAR:RAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.63   Max: 4.67
Current: 1.75

During the past years, Rafamet's highest Cyclically Adjusted PB Ratio was 4.67. The lowest was 0.31. And the median was 0.63.

WAR:RAF's Cyclically Adjusted PB Ratio is ranked better than
56.98% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs WAR:RAF: 1.75

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.

Rafamet's adjusted book value per share data for the three months ended in Mar. 2026 was zł3.830. 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 zł25.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rafamet  (WAR:RAF) 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.


Rafamet Cyclically Adjusted PB Ratio Related Terms


Rafamet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rafamet'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.

Rafamet Cyclically Adjusted PB Ratio Chart

Rafamet 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 0.69 0.55 0.59 0.43 1.42

Rafamet 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 0.44 2.70 2.10 1.37 1.98

WAR:RAF vs SNA, RBC, LECO: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Rafamet'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.


Rafamet Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


WAR:RAF
47GF Score
Rafamet SA WAR:RAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafamet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.45/25.728
=1.73

* 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.

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

For example, Rafamet'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)
=3.83/163.0700*163.0700
=3.830

Current CPI (Mar. 2026) = 163.0700.

Rafamet Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.462 99.552 35.155
201609 21.585 99.064 35.531
201612 22.023 100.366 35.782
201703 21.805 101.018 35.199
201706 21.340 101.180 34.393
201709 21.755 101.343 35.006
201712 21.816 102.564 34.686
201803 21.929 102.564 34.866
201806 21.450 103.378 33.836
201809 21.468 103.378 33.864
201812 21.792 103.785 34.240
201903 21.837 104.274 34.150
201906 21.488 105.983 33.062
201909 21.555 105.983 33.165
201912 21.987 107.123 33.470
202003 21.799 109.076 32.590
202006 21.307 109.402 31.759
202009 21.472 109.320 32.029
202012 21.328 109.565 31.743
202103 21.167 112.658 30.639
202106 20.786 113.960 29.744
202109 20.894 115.588 29.477
202112 21.312 119.088 29.183
202203 20.877 125.031 27.229
202206 20.744 131.705 25.684
202209 20.076 135.531 24.155
202212 19.635 139.113 23.016
202303 18.906 145.950 21.124
202306 17.881 147.009 19.835
202309 18.628 146.113 20.790
202312 16.739 147.741 18.476
202403 16.423 149.044 17.969
202406 15.355 150.997 16.583
202409 13.461 153.439 14.306
202412 8.432 154.660 8.890
202503 7.521 157.021 7.811
202506 5.226 157.509 5.411
202509 4.837 158.000 4.992
202512 5.299 158.320 5.458
202603 3.830 163.070 3.830

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 1.73 mean?
Rafamet (WAR:RAF) has a Cyclically Adjusted PB Ratio of 1.73 as of Sep. 15, 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 Rafamet and its competitors. This is 175% above median its historical median of 0.63. Over the past decade, Rafamet's Cyclically Adjusted PB Ratio has ranged from 0.31 to 4.67. According to the industry distribution chart, Rafamet ranks #903 out of 2099 companies in the Industrial Products industry, placing it in the top 43%.
Is Rafamet's Cyclically Adjusted PB Ratio too high?
Rafamet's current Cyclically Adjusted PB Ratio of 1.73 is 175% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 4.67. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Rafamet's value of 1.73 is 16.8% below this industry median. Based on the distribution chart, Rafamet ranks #903 out of 2099 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Rafamet has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rafamet's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Rafamet ranks #903 out of 2099 companies for Cyclically Adjusted PB Ratio. This puts Rafamet in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Rafamet's value of 1.73 is 16.8% below this benchmark. Historically, Rafamet's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 4.67 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 2.08, Rafamet 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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. Rafamet's current Cyclically Adjusted PB Ratio of 1.73 is 16.8% 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 Rafamet and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rafamet's current Cyclically Adjusted PB Ratio is 1.73, which is 175% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafamet stock overvalued right now?
Based on GuruFocus' analysis, Rafamet (WAR:RAF) is currently considered Significantly Overvalued. The stock's GF Value™ is zł5.64, compared to a current price of zł44.45 — trading 688.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.73, which is 175% above median its 10-year median of 0.63 and 16.8% below the Industrial Products industry median of 2.08. Rafamet's overall GF Score™ is 47/100 with 5 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 Rafamet (WAR:RAF), the current Cyclically Adjusted PB Ratio is 1.73 as of Sep. 15, 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 Rafamet (WAR:RAF) Overvalued in 2026?

Based on GuruFocus' analysis, Rafamet stock appears to be overvalued. The current stock price of zł44.45 is trading 688.1% above its estimated GF Value™ of zł5.64. GuruFocus considers Rafamet to be Significantly Overvalued.

Key valuation signals for WAR:RAF:

  • Cyclically Adjusted PB Ratio: 1.73 (175% above median its 10-year median of 0.63)
  • GF Value™: zł5.64 vs. price of zł44.45 (688.1% above fair value)
  • GF Score™: 47/100 with 5 warning signs
  • Industry Position: 16.8% below the Industrial Products median (#903 of 2099)

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


Rafamet Business Description

Address Street Staszica 1, Kuznia Raciborska, POL, 47-420
Rafamet SA is involved in manufacturing and selling special-purpose machine tools for wheelset machining globally. It offers vertical turning and horizontal lathes, horizontal drilling machines, milling machines, horizontal boring machines, and castings. It is a supplier of heavy-duty special-purpose machine tools for customers in the machine-building, power generation, shipbuilding, metallurgical, aerospace, and defense industries.
47GF Score

Get the complete analysis for WAR:RAF

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

zł44.45
Price
zł5.64
GF Value