Seko (WAR:SEK) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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.
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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:SEK Seko SA WAR:SEK
86 GF Score
Price zł10.75
GF Value zł10.12
Valuation Fairly Valued
! 2 Warning Signs
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What is Seko Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Seko  (WAR:SEK) 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.


Seko Cyclically Adjusted PB Ratio Related Terms


Seko Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Seko'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.

Seko Cyclically Adjusted PB Ratio Chart

Seko 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 0.80 0.45 0.86 0.65 0.62

Seko Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.59 0.56 0.64 0.65 0.77

WAR:SEK vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Seko'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.


Seko Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Seko's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:SEK
86GF Score
Seko SA WAR:SEK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seko 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.

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

For example, Seko's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.934/162.2800*162.2800
=14.934

Current CPI (Jun. 2026) = 162.2800.

Seko Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.469 99.064 13.873
201612 8.950 100.366 14.471
201703 9.354 101.018 15.027
201706 9.130 101.180 14.643
201709 9.354 101.343 14.978
201712 9.995 102.564 15.814
201803 10.587 102.564 16.751
201806 10.124 103.378 15.892
201809 10.247 103.378 16.085
201812 10.882 103.785 17.015
201903 11.236 104.274 17.486
201906 10.650 105.983 16.307
201909 10.826 105.983 16.577
201912 11.276 107.123 17.082
202003 11.424 109.076 16.996
202006 11.452 109.402 16.987
202009 11.245 109.320 16.693
202012 11.512 109.565 17.051
202103 11.673 112.658 16.815
202106 11.539 113.960 16.432
202109 10.958 115.588 15.384
202112 11.205 119.088 15.269
202203 11.076 125.031 14.376
202206 10.764 131.705 13.263
202209 10.737 135.531 12.856
202212 11.876 139.113 13.854
202303 12.735 145.950 14.160
202306 12.488 147.009 13.785
202309 12.631 146.113 14.029
202312 13.792 147.741 15.149
202403 14.341 149.044 15.615
202406 13.317 150.997 14.312
202409 13.378 153.439 14.149
202412 14.222 154.660 14.923
202503 14.670 157.021 15.161
202506 13.963 157.509 14.386
202509 14.041 158.000 14.421
202512 14.999 158.320 15.374
202603 15.677 163.070 15.601
202606 14.934 162.280 14.934

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.

Is Seko (WAR:SEK) Overvalued in 2026?

Based on GuruFocus' analysis, Seko stock appears to be overvalued. The current stock price of zł10.75 is trading 6.2% above its estimated GF Value™ of zł10.12. GuruFocus considers Seko to be Fairly Valued.

Key valuation signals for WAR:SEK:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: zł10.12 vs. price of zł10.75 (6.2% above fair value)
  • GF Score™: 86/100 with 2 warning signs

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


Seko Business Description

Address ul. Zakladowa 3, Chojnice, POL, 89-620
Seko SA is a Poland based company which operates as a fish processing company. It produces fish products that are based on herring and mackerel. The company provides marinated fish, fish products based on salted herring, fish salads, fried fish in vinegar and tomato sauces among other products.
86GF Score

Get the complete analysis for WAR:SEK

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

zł10.75
Price
zł10.12
GF Value