Saule Technologies (WAR:SLT) Cyclically Adjusted PB Ratio: 0.24 (As of Jul. 25, 2026)

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WAR:SLT Saule Technologies SA WAR:SLT
8 GF Score
Price zł1.35
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What is Saule Technologies Cyclically Adjusted PB Ratio?

Saule Technologies WAR:SLT 8 Cyclically Adjusted PB Ratio is 0.24 as of Jul. 25, 2026. GuruFocus rates WAR:SLT with a GF Score™ of 8/100.

As of today (2026-07-25), Saule Technologies's current share price is zł1.35. Saule Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was zł5.63. Saule Technologies's Cyclically Adjusted PB Ratio for today is 0.24.

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

WAR:SLT's Cyclically Adjusted PB Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 3.16
* 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.

Saule Technologies's adjusted book value per share data for the three months ended in Mar. 2025 was zł6.173. 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 zł5.63 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saule Technologies  (WAR:SLT) 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.


Saule Technologies Cyclically Adjusted PB Ratio Related Terms


Saule Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saule Technologies'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.

Saule Technologies Cyclically Adjusted PB Ratio Chart

Saule Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 7.91 0.91 0.53 0.20

Saule Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.41 0.47 0.47 0.20 0.34

WAR:SLT vs FSLR, NXT: Cyclically Adjusted PB Ratio Comparison

For the Solar subindustry, Saule Technologies'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.


Saule Technologies Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


WAR:SLT
8GF Score
Saule Technologies SA WAR:SLT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Saule Technologies 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.

Saule Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.35/5.63
=0.24

* 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.

Saule Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Saule Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.173/157.0208*157.0208
=6.173

Current CPI (Mar. 2025) = 157.0208.

Saule Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.483 100.448 2.318
201509 1.332 99.634 2.099
201512 1.493 99.471 2.357
201603 1.447 98.983 2.295
201606 1.413 99.552 2.229
201609 1.420 99.064 2.251
201612 1.200 100.366 1.877
201703 1.111 101.018 1.727
201706 1.100 101.180 1.707
201709 1.075 101.343 1.666
201712 0.842 102.564 1.289
201803 0.784 102.564 1.200
201806 0.552 103.378 0.838
201809 0.560 103.378 0.851
201812 0.468 103.785 0.708
201903 0.448 104.274 0.675
201906 -0.078 105.983 -0.116
201909 -0.357 105.983 -0.529
201912 -0.436 107.123 -0.639
202003 0.014 109.076 0.020
202006 0.011 109.402 0.016
202009 0.002 109.320 0.003
202012 0.020 109.565 0.029
202103 0.021 112.658 0.029
202106 0.019 113.960 0.026
202109 0.015 115.588 0.020
202112 0.011 119.088 0.015
202203 77.692 125.031 97.570
202206 8.939 131.705 10.657
202209 8.869 135.531 10.275
202212 8.613 139.113 9.722
202303 8.463 145.950 9.105
202306 8.349 147.009 8.918
202309 8.221 146.113 8.835
202312 8.060 147.741 8.566
202403 7.909 149.044 8.332
202406 7.691 150.997 7.998
202409 7.517 153.439 7.692
202412 6.303 154.660 6.399
202503 6.173 157.021 6.173

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 0.24 mean?
Saule Technologies (WAR:SLT) has a Cyclically Adjusted PB Ratio of 0.24 as of Jul. 25, 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 Saule Technologies and its competitors.
Is Saule Technologies' Cyclically Adjusted PB Ratio too high?
Saule Technologies' current Cyclically Adjusted PB Ratio is 0.24. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.16. Saule Technologies' value of 0.24 is 92.4% below this industry median. Overall, Saule Technologies has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Saule Technologies' Cyclically Adjusted PB Ratio compare to FSLR and NXT?
Saule Technologies' Cyclically Adjusted PB Ratio of 0.24 can be compared against companies in the Semiconductors industry. The industry median Cyclically Adjusted PB Ratio is 3.16. Saule Technologies' value of 0.24 is 92.4% 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.16, based on 735 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. Saule Technologies's current Cyclically Adjusted PB Ratio of 0.24 is 92.4% 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 Saule Technologies and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saule Technologies's current Cyclically Adjusted PB Ratio is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saule Technologies stock overvalued right now?
Saule Technologies (WAR:SLT) has a current Cyclically Adjusted PB Ratio of 0.24. The current Cyclically Adjusted PB Ratio is 0.24 and 92.4% below the Semiconductors industry median of 3.16. Saule Technologies' overall GF Score™ is 8/100. 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 Saule Technologies (WAR:SLT), the current Cyclically Adjusted PB Ratio is 0.24 as of Jul. 25, 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.

Saule Technologies Business Description

Address 14B Postepu Street, Warsaw, POL, 02-676
Saule Technologies SA is a high-tech company that develops innovative solar cells based on perovskite materials.
8GF Score

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

zł1.35
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