Solar Innovation (WAR:SIN) Cyclically Adjusted PB Ratio: 0.69 (As of Sep. 12, 2026) — Near Median

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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.

What is Solar Innovation Cyclically Adjusted PB Ratio?

Solar Innovation WAR:SIN -3.60% Cyclically Adjusted PB Ratio is 0.69 as of Sep. 12, 2026, which is 7% below its 10-year median of 0.74. Among 1,270 Consumer Packaged Goods companies, Solar Innovation ranks better than 64.72% on this metric.

As of today (2026-09-12), Solar Innovation's current share price is zł0.0482. Solar Innovation's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was zł0.07. Solar Innovation's Cyclically Adjusted PB Ratio for today is 0.69.

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

WAR:SIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.74   Max: 2.31
Current: 0.86

During the past years, Solar Innovation's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.46. And the median was 0.74.

WAR:SIN's Cyclically Adjusted PB Ratio is ranked better than
64.72% of 1270 companies
in the Consumer Packaged Goods industry
Industry Median: 1.265 vs WAR:SIN: 0.86

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.

Solar Innovation's adjusted book value per share data for the three months ended in Jun. 2026 was zł-0.001. 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 zł0.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solar Innovation  (WAR:SIN) 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.


Solar Innovation Cyclically Adjusted PB Ratio Related Terms


Solar Innovation Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Solar Innovation'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.

Solar Innovation Cyclically Adjusted PB Ratio Chart

Solar Innovation 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 1.13 1.38 0.68 0.66 0.00

Solar Innovation 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 0.91 1.02 0.00 0.00 0.82

WAR:SIN vs KHC, GIS, MKC: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Solar Innovation'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.


Solar Innovation Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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



Solar Innovation 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.

Solar Innovation's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0482/0.07
=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.

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

For example, Solar Innovation'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)
=-0.001/162.2800*162.2800
=-0.001

Current CPI (Jun. 2026) = 162.2800.

Solar Innovation Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.055 99.064 0.090
201612 0.058 100.366 0.094
201703 0.055 101.018 0.088
201706 0.054 101.180 0.087
201709 0.053 101.343 0.085
201712 0.056 102.564 0.089
201803 0.055 102.564 0.087
201806 0.056 103.378 0.088
201809 0.055 103.378 0.086
201812 0.057 103.785 0.089
201903 0.055 104.274 0.086
201906 0.054 105.983 0.083
201909 0.052 105.983 0.080
201912 0.057 107.123 0.086
202003 0.055 109.076 0.082
202006 0.056 109.402 0.083
202009 0.047 109.320 0.070
202012 0.212 109.565 0.314
202103 0.074 112.658 0.107
202106 0.070 113.960 0.100
202109 0.093 115.588 0.131
202112 0.162 119.088 0.221
202203 0.066 125.031 0.086
202206 0.057 131.705 0.070
202209 0.046 135.531 0.055
202212 -0.011 139.113 -0.013
202303 -0.018 145.950 -0.020
202306 -0.013 147.009 -0.014
202309 -0.014 146.113 -0.016
202312 0.003 147.741 0.003
202403 0.002 149.044 0.002
202406 0.003 150.997 0.003
202409 0.002 153.439 0.002
202412 -0.001 154.660 -0.001
202503 0.001 157.021 0.001
202506 0.001 157.509 0.001
202509 0.004 158.000 0.004
202512 0.000 158.320 0.000
202603 0.000 163.070 0.000
202606 -0.001 162.280 -0.001

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?
Solar Innovation (WAR:SIN) has a Cyclically Adjusted PB Ratio of 0.69 as of Sep. 12, 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 Solar Innovation and its competitors. This is near median its historical median of 0.74. Over the past decade, Solar Innovation's Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.31. According to the industry distribution chart, Solar Innovation ranks #448 out of 1270 companies in the Consumer Packaged Goods industry, placing it in the top 35.3%.
Is Solar Innovation's Cyclically Adjusted PB Ratio too high?
Solar Innovation's current Cyclically Adjusted PB Ratio of 0.69 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.31. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Solar Innovation's value of 0.69 is 45.5% below this industry median. Based on the distribution chart, Solar Innovation ranks #448 out of 1270 companies in the Consumer Packaged Goods industry, which is above the industry midpoint.
How does Solar Innovation's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Solar Innovation ranks #448 out of 1270 companies for Cyclically Adjusted PB Ratio. This puts Solar Innovation in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Solar Innovation's value of 0.69 is 45.5% below this benchmark. Historically, Solar Innovation's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.31 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.27, Solar Innovation 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.27, based on 1,270 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. Solar Innovation's current Cyclically Adjusted PB Ratio of 0.69 is 45.5% 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 Solar Innovation and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Innovation's current Cyclically Adjusted PB Ratio is 0.69, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Innovation stock overvalued right now?
Solar Innovation (WAR:SIN) has a current Cyclically Adjusted PB Ratio of 0.69. The current Cyclically Adjusted PB Ratio is 0.69, which is near median its 10-year median of 0.74 and 45.5% below the Consumer Packaged Goods industry median of 1.27. 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 Solar Innovation (WAR:SIN), the current Cyclically Adjusted PB Ratio is 0.69 as of Sep. 12, 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.

Solar Innovation Business Description

Address Ulica Wadowicka 12, Krakow, POL, 30-415
Solar Innovation SA formerly Ciasteczka z Krakowa SA produces and markets food products in Poland. The company offers Shortbread cookies, Stuffed cookies, French cookies, Gingerbread cookies, Stuffed muffins, Chocolates and Translated wafers, among others.