Softblue (WAR:SBE) Cyclically Adjusted PB Ratio: 0.39 (As of Aug. 13, 2026) — 11% Above Median

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Director of Data and Quant Analytics at GuruFocus
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WAR:SBE Softblue SA WAR:SBE
42 GF Score
Price zł0.27
GF Value zł0.22
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Softblue Cyclically Adjusted PB Ratio?

Softblue WAR:SBE +0.37% 42 Cyclically Adjusted PB Ratio is 0.39 as of Aug. 13, 2026, which is 11% above its 10-year median of 0.35. GuruFocus rates WAR:SBE with a GF Score™ of 42/100 and a GF Value™ of zł0.22 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,551 Software companies, Softblue ranks better than 91.36% on this metric.

As of today (2026-08-13), Softblue's current share price is zł0.273. Softblue's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.70. Softblue's Cyclically Adjusted PB Ratio for today is 0.39.

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

WAR:SBE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.35   Max: 0.46
Current: 0.33

During the past years, Softblue's highest Cyclically Adjusted PB Ratio was 0.46. The lowest was 0.25. And the median was 0.35.

WAR:SBE's Cyclically Adjusted PB Ratio is ranked better than
91.36% of 1551 companies
in the Software industry
Industry Median: 2.31 vs WAR:SBE: 0.33

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.

Softblue's adjusted book value per share data for the three months ended in Mar. 2026 was zł0.587. 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


Softblue  (WAR:SBE) 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.


Softblue Cyclically Adjusted PB Ratio Related Terms


Softblue Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Softblue'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.

Softblue Cyclically Adjusted PB Ratio Chart

Softblue 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 0.38 0.25

Softblue 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 0.39 0.33 0.34 0.25 0.34

WAR:SBE vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Softblue'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.


Softblue Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Softblue's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:SBE
42GF Score
Softblue SA WAR:SBE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Softblue 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.273/0.70
=0.39

* 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.

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

For example, Softblue'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)
=0.587/163.0700*163.0700
=0.587

Current CPI (Mar. 2026) = 163.0700.

Softblue Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.412 99.552 0.675
201609 0.379 99.064 0.624
201612 0.405 100.366 0.658
201703 0.403 101.018 0.651
201706 0.414 101.180 0.667
201709 0.402 101.343 0.647
201712 0.424 102.564 0.674
201803 0.420 102.564 0.668
201806 0.416 103.378 0.656
201809 0.401 103.378 0.633
201812 0.403 103.785 0.633
201903 0.374 104.274 0.585
201906 0.365 105.983 0.562
201909 0.373 105.983 0.574
201912 0.388 107.123 0.591
202003 0.418 109.076 0.625
202006 0.404 109.402 0.602
202009 1.008 109.320 1.504
202012 0.634 109.565 0.944
202103 0.493 112.658 0.714
202106 0.607 113.960 0.869
202109 0.605 115.588 0.854
202112 0.607 119.088 0.831
202203 0.573 125.031 0.747
202206 0.615 131.705 0.761
202209 0.618 135.531 0.744
202212 0.639 139.113 0.749
202303 0.645 145.950 0.721
202306 0.642 147.009 0.712
202309 0.617 146.113 0.689
202312 0.645 147.741 0.712
202403 0.636 149.044 0.696
202406 0.627 150.997 0.677
202409 0.640 153.439 0.680
202412 0.603 154.660 0.636
202503 0.651 157.021 0.676
202506 0.593 157.509 0.614
202509 0.591 158.000 0.610
202512 0.509 158.320 0.524
202603 0.587 163.070 0.587

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 0.39 mean?
Softblue (WAR:SBE) has a Cyclically Adjusted PB Ratio of 0.39 as of Aug. 13, 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 Softblue and its competitors. This is 11% above median its historical median of 0.35. Over the past decade, Softblue's Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.46. According to the industry distribution chart, Softblue ranks #134 out of 1551 companies in the Software industry, placing it in the top 8.6%.
Is Softblue's Cyclically Adjusted PB Ratio too high?
Softblue's current Cyclically Adjusted PB Ratio of 0.39 is 11% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.46. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Softblue's value of 0.39 is 83.1% below this industry median. Based on the distribution chart, Softblue ranks #134 out of 1551 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Softblue has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Softblue's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Softblue ranks #134 out of 1551 companies for Cyclically Adjusted PB Ratio. This places Softblue in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.31. Softblue's value of 0.39 is 83.1% below this benchmark. Historically, Softblue's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.46 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 2.31, Softblue 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,551 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. Softblue's current Cyclically Adjusted PB Ratio of 0.39 is 83.1% 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 Softblue and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Softblue's current Cyclically Adjusted PB Ratio is 0.39, which is 11% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Softblue stock overvalued right now?
Based on GuruFocus' analysis, Softblue (WAR:SBE) is currently considered Modestly Overvalued. The stock's GF Value™ is zł0.22, compared to a current price of zł0.27 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.39, which is 11% above median its 10-year median of 0.35 and 83.1% below the Software industry median of 2.31. Softblue's overall GF Score™ is 42/100 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 Softblue (WAR:SBE), the current Cyclically Adjusted PB Ratio is 0.39 as of Aug. 13, 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 Softblue (WAR:SBE) Overvalued in 2026?

Based on GuruFocus' analysis, Softblue stock appears to be overvalued. The current stock price of zł0.27 is trading 24.1% above its estimated GF Value™ of zł0.22. GuruFocus considers Softblue to be Modestly Overvalued.

Key valuation signals for WAR:SBE:

  • Cyclically Adjusted PB Ratio: 0.39 (11% above median its 10-year median of 0.35)
  • GF Value™: zł0.22 vs. price of zł0.27 (24.1% above fair value)
  • GF Score™: 42/100 with 3 warning signs
  • Industry Position: 83.1% below the Software median (#134 of 1551)

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


Softblue Business Description

Address Jana Zamoyskiego 2B Street, Bydgoszcz, POL, 85-063
Softblue SA provides solutions from the Internet of Things (IoT) area. Its products include software, hardware, eco-solutions - ADC, AIRDRON, and SMOGOBUS.
42GF Score

Get the complete analysis for WAR:SBE

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

zł0.27
Price
zł0.22
GF Value