Verbicom (WAR:VRB) Cyclically Adjusted PB Ratio: 0.57 (As of Jul. 15, 2026) — 30% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:VRB Verbicom SA WAR:VRB
56 GF Score
Price zł1.33
GF Value zł1.12
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Verbicom Cyclically Adjusted PB Ratio?

Verbicom WAR:VRB +13.68% 56 Cyclically Adjusted PB Ratio is 0.57 as of Jul. 15, 2026, which is 30% below its 10-year median of 0.82. GuruFocus rates WAR:VRB with a GF Score™ of 56/100 and a GF Value™ of zł1.12 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 289 Telecommunication Services companies, Verbicom ranks better than 85.81% on this metric.

As of today (2026-07-15), Verbicom's current share price is zł1.33. Verbicom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł2.33. Verbicom's Cyclically Adjusted PB Ratio for today is 0.57.

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

WAR:VRB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.82   Max: 1.95
Current: 0.52

During the past years, Verbicom's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.42. And the median was 0.82.

WAR:VRB's Cyclically Adjusted PB Ratio is ranked better than
85.81% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.83 vs WAR:VRB: 0.52

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.

Verbicom's adjusted book value per share data for the three months ended in Mar. 2026 was zł2.226. 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 zł2.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verbicom  (WAR:VRB) 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.


Verbicom Cyclically Adjusted PB Ratio Related Terms


Verbicom Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Verbicom'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.

Verbicom Cyclically Adjusted PB Ratio Chart

Verbicom 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 1.14 0.82 0.63 0.43 0.62

Verbicom Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.51 0.49 0.46 0.62 0.72

WAR:VRB vs TMUS, VZ, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Verbicom'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.


Verbicom Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Verbicom's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:VRB
56GF Score
Verbicom SA WAR:VRB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verbicom 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.

Verbicom's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.33/2.33
=0.57

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.226/163.0700*163.0700
=2.226

Current CPI (Mar. 2026) = 163.0700.

Verbicom Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.307 99.552 2.141
201609 1.187 99.064 1.954
201612 1.467 100.366 2.384
201703 1.416 101.018 2.286
201706 1.301 101.180 2.097
201709 1.318 101.343 2.121
201712 1.153 102.564 1.833
201803 1.191 102.564 1.894
201806 1.153 103.378 1.819
201809 1.043 103.378 1.645
201812 1.026 103.785 1.612
201903 1.760 104.274 2.752
201906 2.014 105.983 3.099
201909 2.062 105.983 3.173
201912 1.857 107.123 2.827
202003 1.677 109.076 2.507
202006 1.740 109.402 2.594
202009 1.558 109.320 2.324
202012 1.597 109.565 2.377
202103 1.691 112.658 2.448
202106 1.776 113.960 2.541
202109 1.901 115.588 2.682
202112 1.936 119.088 2.651
202203 2.067 125.031 2.696
202206 2.023 131.705 2.505
202209 2.098 135.531 2.524
202212 2.106 139.113 2.469
202303 1.583 145.950 1.769
202306 2.119 147.009 2.351
202309 2.112 146.113 2.357
202312 2.091 147.741 2.308
202403 2.134 149.044 2.335
202406 2.098 150.997 2.266
202409 2.136 153.439 2.270
202412 2.146 154.660 2.263
202503 2.246 157.021 2.333
202506 2.323 157.509 2.405
202509 2.236 158.000 2.308
202512 2.106 158.320 2.169
202603 2.226 163.070 2.226

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 0.57 mean?
Verbicom (WAR:VRB) has a Cyclically Adjusted PB Ratio of 0.57 as of Jul. 15, 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 Verbicom and its competitors. This is 30% below median its historical median of 0.82. Over the past decade, Verbicom's Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.95. According to the industry distribution chart, Verbicom ranks #41 out of 289 companies in the Telecommunication Services industry, placing it in the top 14.2%.
Is Verbicom's Cyclically Adjusted PB Ratio too high?
Verbicom's current Cyclically Adjusted PB Ratio of 0.57 is 30% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.95. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.83. Verbicom's value of 0.57 is 68.9% below this industry median. Based on the distribution chart, Verbicom ranks #41 out of 289 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Verbicom has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Verbicom's Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Verbicom ranks #41 out of 289 companies for Cyclically Adjusted PB Ratio. This places Verbicom in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.83. Verbicom's value of 0.57 is 68.9% below this benchmark. Historically, Verbicom's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.95 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.83, Verbicom 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.83, based on 289 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. Verbicom's current Cyclically Adjusted PB Ratio of 0.57 is 68.9% 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 Verbicom and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verbicom's current Cyclically Adjusted PB Ratio is 0.57, which is 30% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verbicom stock overvalued right now?
Based on GuruFocus' analysis, Verbicom (WAR:VRB) is currently considered Modestly Overvalued. The stock's GF Value™ is zł1.12, compared to a current price of zł1.33 — trading 18.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is 30% below median its 10-year median of 0.82 and 68.9% below the Telecommunication Services industry median of 1.83. Verbicom's overall GF Score™ is 56/100 with 4 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 Verbicom (WAR:VRB), the current Cyclically Adjusted PB Ratio is 0.57 as of Jul. 15, 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 Verbicom (WAR:VRB) Overvalued in 2026?

Based on GuruFocus' analysis, Verbicom stock appears to be overvalued. The current stock price of zł1.33 is trading 18.8% above its estimated GF Value™ of zł1.12. GuruFocus considers Verbicom to be Modestly Overvalued.

Key valuation signals for WAR:VRB:

  • Cyclically Adjusted PB Ratio: 0.57 (30% below median its 10-year median of 0.82)
  • GF Value™: zł1.12 vs. price of zł1.33 (18.8% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 68.9% below the Telecommunication Services median (#41 of 289)

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


Verbicom Business Description

Address Ulica Skarbka 36, Poznan, POL, 60-348
Verbicom SA provides Internet Protocol telecommunication systems, network devices, computer equipment, and application software. It is engaged in the development and implementation of comprehensive computerization plans in companies and institutions. It also provides telephony support solutions, such as Call Center and Unified Communication. Its solution includes borderline of automation and ICT such as intelligent monitoring devices, detection and extinguishing systems, access control systems and BMS building management systems.
56GF Score

Get the complete analysis for WAR:VRB

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

zł1.33
Price
zł1.12
GF Value