Skoczowska Fabryka Kapeluszy Polkap (WAR:SFK) Cyclically Adjusted PB Ratio: 0.48 (As of Jul. 30, 2026)

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WAR:SFK Skoczowska Fabryka Kapeluszy Polkap SA WAR:SFK
4 GF Score
Price zł0.79
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What is Skoczowska Fabryka Kapeluszy Polkap Cyclically Adjusted PB Ratio?

Skoczowska Fabryka Kapeluszy Polkap WAR:SFK 4 Cyclically Adjusted PB Ratio is 0.48 as of Jul. 30, 2026. GuruFocus rates WAR:SFK with a GF Score™ of 4/100.

As of today (2026-07-30), Skoczowska Fabryka Kapeluszy Polkap's current share price is zł0.79. Skoczowska Fabryka Kapeluszy Polkap's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was zł1.66. Skoczowska Fabryka Kapeluszy Polkap's Cyclically Adjusted PB Ratio for today is 0.48.

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

WAR:SFK's Cyclically Adjusted PB Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.965
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Skoczowska Fabryka Kapeluszy Polkap's adjusted book value per share data for the three months ended in Sep. 2024 was zł-0.141. 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 zł1.66 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skoczowska Fabryka Kapeluszy Polkap  (WAR:SFK) 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.


Skoczowska Fabryka Kapeluszy Polkap Cyclically Adjusted PB Ratio Related Terms


Skoczowska Fabryka Kapeluszy Polkap Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Skoczowska Fabryka Kapeluszy Polkap'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.

Skoczowska Fabryka Kapeluszy Polkap Cyclically Adjusted PB Ratio Chart

Skoczowska Fabryka Kapeluszy Polkap Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.34 0.40

Skoczowska Fabryka Kapeluszy Polkap Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 0.31 0.29 0.46 0.44 0.47

WAR:SFK vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Skoczowska Fabryka Kapeluszy Polkap'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.


Skoczowska Fabryka Kapeluszy Polkap Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Skoczowska Fabryka Kapeluszy Polkap's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Skoczowska Fabryka Kapeluszy Polkap's Cyclically Adjusted PB Ratio falls into.


WAR:SFK
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Skoczowska Fabryka Kapeluszy Polkap SA WAR:SFK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Skoczowska Fabryka Kapeluszy Polkap 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.

Skoczowska Fabryka Kapeluszy Polkap's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.79/1.66
=0.48

* 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.

Skoczowska Fabryka Kapeluszy Polkap's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Skoczowska Fabryka Kapeluszy Polkap's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.141/153.4391*153.4391
=-0.141

Current CPI (Sep. 2024) = 153.4391.

Skoczowska Fabryka Kapeluszy Polkap Quarterly Data

Book Value per Share CPI Adj_Book
201409 4.831 100.611 7.368
201412 4.458 100.122 6.832
201503 4.775 100.041 7.324
201506 5.024 100.448 7.674
201509 5.339 99.634 8.222
201512 5.353 99.471 8.257
201603 5.565 98.983 8.627
201606 5.903 99.552 9.098
201609 5.958 99.064 9.228
201612 3.423 100.366 5.233
201703 6.380 101.018 9.691
201706 3.732 101.180 5.660
201709 3.956 101.343 5.990
201712 0.000 102.564 0.000
201803 2.929 102.564 4.382
201806 1.656 103.378 2.458
201809 1.327 103.378 1.970
201812 -1.488 103.785 -2.200
201903 0.000 104.274 0.000
201906 -0.096 105.983 -0.139
201909 -0.069 105.983 -0.100
201912 -2.062 107.123 -2.954
202003 -2.011 109.076 -2.829
202006 -2.035 109.402 -2.854
202009 -2.044 109.320 -2.869
202012 -2.154 109.565 -3.017
202103 -1.992 112.658 -2.713
202106 -2.004 113.960 -2.698
202109 -1.990 115.588 -2.642
202112 -2.459 119.088 -3.168
202203 -2.410 125.031 -2.958
202206 -2.573 131.705 -2.998
202209 -2.655 135.531 -3.006
202212 -2.691 139.113 -2.968
202303 -2.613 145.950 -2.747
202306 -1.208 147.009 -1.261
202309 -0.154 146.113 -0.162
202403 -0.219 149.044 -0.225
202406 -0.141 150.997 -0.143
202409 -0.141 153.439 -0.141

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 0.48 mean?
Skoczowska Fabryka Kapeluszy Polkap (WAR:SFK) has a Cyclically Adjusted PB Ratio of 0.48 as of Jul. 30, 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 Skoczowska Fabryka Kapeluszy Polkap and its competitors.
Is Skoczowska Fabryka Kapeluszy Polkap's Cyclically Adjusted PB Ratio too high?
Skoczowska Fabryka Kapeluszy Polkap's current Cyclically Adjusted PB Ratio is 0.48. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.97. Skoczowska Fabryka Kapeluszy Polkap's value of 0.48 is 50.3% below this industry median. Overall, Skoczowska Fabryka Kapeluszy Polkap has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Skoczowska Fabryka Kapeluszy Polkap's Cyclically Adjusted PB Ratio compare to NKE and DECK?
Skoczowska Fabryka Kapeluszy Polkap's Cyclically Adjusted PB Ratio of 0.48 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Skoczowska Fabryka Kapeluszy Polkap's value of 0.48 is 50.3% below this benchmark. 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 0.97, based on 866 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. Skoczowska Fabryka Kapeluszy Polkap's current Cyclically Adjusted PB Ratio of 0.48 is 50.3% 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 Skoczowska Fabryka Kapeluszy Polkap and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skoczowska Fabryka Kapeluszy Polkap's current Cyclically Adjusted PB Ratio is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skoczowska Fabryka Kapeluszy Polkap stock overvalued right now?
Skoczowska Fabryka Kapeluszy Polkap (WAR:SFK) has a current Cyclically Adjusted PB Ratio of 0.48. The current Cyclically Adjusted PB Ratio is 0.48 and 50.3% below the Manufacturing - Apparel & Accessories industry median of 0.97. Skoczowska Fabryka Kapeluszy Polkap's overall GF Score™ is 4/100. 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 Skoczowska Fabryka Kapeluszy Polkap (WAR:SFK), the current Cyclically Adjusted PB Ratio is 0.48 as of Jul. 30, 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.

Skoczowska Fabryka Kapeluszy Polkap Business Description

Address Ulica Powstancow Slaskich 1, Skoczow, POL, 43-430
Skoczowska Fabryka Kapeluszy Polkap SA is engaged in the manufacturing of woolen and fur felt hat bodies and hats. It is a licensed manufacturer of pierre cardin hats. The company also produces hunting and highlander hats, top hats, military berets, Hasidic hats and others.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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