AS Silvano Fashion Group (WAR:SFG) Cyclically Adjusted PB Ratio: 0.69 (As of Sep. 17, 2026) — 36% Below Median

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WAR:SFG AS Silvano Fashion Group WAR:SFG
83 GF Score
Price zł4.65
GF Value zł4.60
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is AS Silvano Fashion Group Cyclically Adjusted PB Ratio?

AS Silvano Fashion Group WAR:SFG -4.12% 83 Cyclically Adjusted PB Ratio is 0.69 as of Sep. 17, 2026, which is 36% below its 10-year median of 1.07. GuruFocus rates WAR:SFG with a GF Score™ of 83/100 and a GF Value™ of zł4.60 (Fairly Valued). The stock has 3 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, AS Silvano Fashion Group ranks better than 55.91% on this metric.

As of today (2026-09-17), AS Silvano Fashion Group's current share price is zł4.65. AS Silvano Fashion Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was zł6.77. AS Silvano Fashion Group's Cyclically Adjusted PB Ratio for today is 0.69.

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

WAR:SFG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.07   Max: 2.6
Current: 0.78

During the past years, AS Silvano Fashion Group's highest Cyclically Adjusted PB Ratio was 2.60. The lowest was 0.60. And the median was 1.07.

WAR:SFG's Cyclically Adjusted PB Ratio is ranked better than
55.91% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.93 vs WAR:SFG: 0.78

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.

AS Silvano Fashion Group's adjusted book value per share data for the three months ended in Jun. 2026 was zł10.302. 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 zł6.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AS Silvano Fashion Group  (WAR:SFG) 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.


AS Silvano Fashion Group Cyclically Adjusted PB Ratio Related Terms


AS Silvano Fashion Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AS Silvano Fashion Group'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.

AS Silvano Fashion Group Cyclically Adjusted PB Ratio Chart

AS Silvano Fashion Group 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 1.48 0.96 0.94 0.75 0.80

AS Silvano Fashion Group 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 0.86 0.85 0.82 0.75 0.68

WAR:SFG vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, AS Silvano Fashion Group'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.


AS Silvano Fashion Group Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, AS Silvano Fashion Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AS Silvano Fashion Group's Cyclically Adjusted PB Ratio falls into.


WAR:SFG
83GF Score
AS Silvano Fashion Group WAR:SFG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AS Silvano Fashion Group 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.

AS Silvano Fashion Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.65/6.765
=0.69

* 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.

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

For example, AS Silvano Fashion Group'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)
=10.302/333.9520*333.9520
=10.302

Current CPI (Jun. 2026) = 333.9520.

AS Silvano Fashion Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.384 241.428 7.447
201612 5.706 241.432 7.893
201703 5.378 243.801 7.367
201706 4.581 244.955 6.245
201709 4.917 246.819 6.653
201712 5.093 246.524 6.899
201803 4.274 249.554 5.719
201806 4.151 251.989 5.501
201809 4.322 252.439 5.718
201812 3.652 251.233 4.854
201903 3.971 254.202 5.217
201906 3.575 256.143 4.661
201909 3.567 256.759 4.639
201912 3.513 256.974 4.565
202003 3.246 258.115 4.200
202006 3.466 257.797 4.490
202009 3.498 260.280 4.488
202012 3.523 260.474 4.517
202103 3.854 264.877 4.859
202106 4.272 271.696 5.251
202109 4.897 274.310 5.962
202112 4.820 278.802 5.773
202203 4.685 287.504 5.442
202206 6.132 296.311 6.911
202209 6.973 296.808 7.846
202212 6.368 296.797 7.165
202303 6.510 301.836 7.203
202306 6.462 305.109 7.073
202309 7.067 307.789 7.668
202312 6.861 306.746 7.470
202403 7.045 312.332 7.533
202406 7.708 314.175 8.193
202409 7.945 315.301 8.415
202412 8.237 315.605 8.716
202503 8.636 319.799 9.018
202506 9.053 322.561 9.373
202509 9.327 324.800 9.590
202512 9.515 324.054 9.806
202603 9.838 330.213 9.949
202606 10.302 333.952 10.302

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 0.69 mean?
AS Silvano Fashion Group (WAR:SFG) has a Cyclically Adjusted PB Ratio of 0.69 as of Sep. 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 AS Silvano Fashion Group and its competitors. This is 36% below median its historical median of 1.07. Over the past decade, AS Silvano Fashion Group's Cyclically Adjusted PB Ratio has ranged from 0.60 to 2.60. According to the industry distribution chart, AS Silvano Fashion Group ranks #280 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.1%.
Is AS Silvano Fashion Group's Cyclically Adjusted PB Ratio too high?
AS Silvano Fashion Group's current Cyclically Adjusted PB Ratio of 0.69 is 36% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.60. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.93. AS Silvano Fashion Group's value of 0.69 is 25.8% below this industry median. Based on the distribution chart, AS Silvano Fashion Group ranks #280 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, AS Silvano Fashion Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AS Silvano Fashion Group's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, AS Silvano Fashion Group ranks #280 out of 635 companies for Cyclically Adjusted PB Ratio. This puts AS Silvano Fashion Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.93. AS Silvano Fashion Group's value of 0.69 is 25.8% below this benchmark. Historically, AS Silvano Fashion Group's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 2.60 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.93, AS Silvano Fashion Group 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.93, based on 635 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. AS Silvano Fashion Group's current Cyclically Adjusted PB Ratio of 0.69 is 25.8% 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 AS Silvano Fashion Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AS Silvano Fashion Group's current Cyclically Adjusted PB Ratio is 0.69, which is 36% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AS Silvano Fashion Group stock overvalued right now?
Based on GuruFocus' analysis, AS Silvano Fashion Group (WAR:SFG) is currently considered Fairly Valued. The stock's GF Value™ is zł4.60, compared to a current price of zł4.65 — trading 1.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.69, which is 36% below median its 10-year median of 1.07 and 25.8% below the Manufacturing - Apparel & Accessories industry median of 0.93. AS Silvano Fashion Group's overall GF Score™ is 83/100 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 AS Silvano Fashion Group (WAR:SFG), the current Cyclically Adjusted PB Ratio is 0.69 as of Sep. 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 AS Silvano Fashion Group (WAR:SFG) Overvalued in 2026?

Based on GuruFocus' analysis, AS Silvano Fashion Group stock appears to be overvalued. The current stock price of zł4.65 is trading 1.1% above its estimated GF Value™ of zł4.60. GuruFocus considers AS Silvano Fashion Group to be Fairly Valued.

Key valuation signals for WAR:SFG:

  • Cyclically Adjusted PB Ratio: 0.69 (36% below median its 10-year median of 1.07)
  • GF Value™: zł4.60 vs. price of zł4.65 (1.1% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 25.8% below the Manufacturing - Apparel & Accessories median (#280 of 635)

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


AS Silvano Fashion Group Business Description

Other Exchanges SFG1T:Estonia
Address Tulika 17, Tallinn, EST, 10613
AS Silvano Fashion Group is a retail brand company. It is an international lingerie distribution group involved in the design, manufacturing, and marketing of women's lingerie. Its brands include Milavitsa, Alisee, Aveline, Lauma Lingerie, Laumelle, and Hidalgo. It sells its brand products through the wholesale channel, and franchised sales, and owns retail operated under the Milavitsa and Lauma Lingerie retail chains. The operating segments of the group are Lingerie retail and Lingerie wholesale. The majority of the company's revenues are a result of the operation of the Lingerie wholesale channel. It has business operations in Russia, Belarus, Ukraine, Baltics, and other countries, with revenue from Russia.
83GF Score

Get the complete analysis for WAR:SFG

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

zł4.65
Price
zł4.60
GF Value