Warimpex Finanz-und Beteiligungs AG (WAR:WXF) Cyclically Adjusted PB Ratio: 0.17 (As of Aug. 14, 2026) — 60% Below Median

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Director of Data and Quant Analytics at GuruFocus
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WAR:WXF Warimpex Finanz-und Beteiligungs AG WAR:WXF
65 GF Score
Price zł2.28
GF Value zł3.39
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Warimpex Finanz-und Beteiligungs AG Cyclically Adjusted PB Ratio?

Warimpex Finanz-und Beteiligungs AG WAR:WXF +2.70% 65 Cyclically Adjusted PB Ratio is 0.17 as of Aug. 14, 2026, which is 60% below its 10-year median of 0.43. GuruFocus rates WAR:WXF with a GF Score™ of 65/100 and a GF Value™ of zł3.39 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,401 Real Estate companies, Warimpex Finanz-und Beteiligungs AG ranks better than 83.51% on this metric.

As of today (2026-08-14), Warimpex Finanz-und Beteiligungs AG's current share price is zł2.28. Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was zł13.59. Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted PB Ratio for today is 0.17.

The historical rank and industry rank for Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

WAR:WXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.43   Max: 1
Current: 0.19

During the past years, Warimpex Finanz-und Beteiligungs AG's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.18. And the median was 0.43.

WAR:WXF's Cyclically Adjusted PB Ratio is ranked better than
83.51% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs WAR:WXF: 0.19

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.

Warimpex Finanz-und Beteiligungs AG's adjusted book value per share data for the three months ended in Dec. 2025 was zł5.938. 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 zł13.59 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warimpex Finanz-und Beteiligungs AG  (WAR:WXF) 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.


Warimpex Finanz-und Beteiligungs AG Cyclically Adjusted PB Ratio Related Terms


Warimpex Finanz-und Beteiligungs AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Warimpex Finanz-und Beteiligungs AG'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.

Warimpex Finanz-und Beteiligungs AG Cyclically Adjusted PB Ratio Chart

Warimpex Finanz-und Beteiligungs AG 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 0.58 0.29 0.30 0.23 0.18

Warimpex Finanz-und Beteiligungs AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.23 0.24 0.22 0.21 0.18

WAR:WXF vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Warimpex Finanz-und Beteiligungs AG'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.


Warimpex Finanz-und Beteiligungs AG Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted PB Ratio falls into.


WAR:WXF
65GF Score
Warimpex Finanz-und Beteiligungs AG WAR:WXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Warimpex Finanz-und Beteiligungs AG 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.

Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.28/13.59
=0.17

* 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.

Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Warimpex Finanz-und Beteiligungs AG's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=5.938/140.3500*140.3500
=5.938

Current CPI (Dec. 2025) = 140.3500.

Warimpex Finanz-und Beteiligungs AG Quarterly Data

Book Value per Share CPI Adj_Book
201603 3.962 100.692 5.522
201606 4.573 101.092 6.349
201609 4.429 101.192 6.143
201612 5.112 102.092 7.028
201703 5.400 102.592 7.387
201706 7.809 102.991 10.642
201709 8.287 103.591 11.228
201712 9.064 104.291 12.198
201803 9.239 104.491 12.410
201806 8.386 105.091 11.200
201809 8.315 105.691 11.042
201812 8.737 106.291 11.537
201903 9.477 106.391 12.502
201906 9.727 106.791 12.784
201909 11.617 106.991 15.239
201912 12.495 108.091 16.224
202003 10.127 108.024 13.158
202006 10.407 107.915 13.535
202009 9.460 108.348 12.254
202012 9.627 109.321 12.359
202103 9.436 110.186 12.019
202106 9.975 110.943 12.619
202109 9.827 111.916 12.324
202112 10.072 113.971 12.403
202203 8.844 117.647 10.551
202206 13.354 120.567 15.545
202209 12.132 123.811 13.753
202212 12.895 125.541 14.416
202303 12.314 128.460 13.454
202306 11.543 130.191 12.444
202309 10.981 131.272 11.740
202312 9.510 132.570 10.068
202403 9.408 133.759 9.872
202406 9.056 134.083 9.479
202409 6.131 133.651 6.438
202412 5.464 135.273 5.669
202503 5.560 137.760 5.665
202506 5.774 138.517 5.850
202509 5.739 138.950 5.797
202512 5.938 140.350 5.938

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 0.17 mean?
Warimpex Finanz-und Beteiligungs AG (WAR:WXF) has a Cyclically Adjusted PB Ratio of 0.17 as of Aug. 14, 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 Warimpex Finanz-und Beteiligungs AG and its competitors. This is 60% below median its historical median of 0.43. Over the past decade, Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.00. According to the industry distribution chart, Warimpex Finanz-und Beteiligungs AG ranks #231 out of 1401 companies in the Real Estate industry, placing it in the top 16.5%.
Is Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted PB Ratio too high?
Warimpex Finanz-und Beteiligungs AG's current Cyclically Adjusted PB Ratio of 0.17 is 60% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.00. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Warimpex Finanz-und Beteiligungs AG's value of 0.17 is 75.4% below this industry median. Based on the distribution chart, Warimpex Finanz-und Beteiligungs AG ranks #231 out of 1401 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Warimpex Finanz-und Beteiligungs AG has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Warimpex Finanz-und Beteiligungs AG's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Warimpex Finanz-und Beteiligungs AG ranks #231 out of 1401 companies for Cyclically Adjusted PB Ratio. This places Warimpex Finanz-und Beteiligungs AG in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. Warimpex Finanz-und Beteiligungs AG's value of 0.17 is 75.4% below this benchmark. Historically, Warimpex Finanz-und Beteiligungs AG's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.00 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.69, Warimpex Finanz-und Beteiligungs AG 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 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. Warimpex Finanz-und Beteiligungs AG's current Cyclically Adjusted PB Ratio of 0.17 is 75.4% 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 Warimpex Finanz-und Beteiligungs AG and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warimpex Finanz-und Beteiligungs AG's current Cyclically Adjusted PB Ratio is 0.17, which is 60% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warimpex Finanz-und Beteiligungs AG stock overvalued right now?
Based on GuruFocus' analysis, Warimpex Finanz-und Beteiligungs AG (WAR:WXF) is currently considered Possible Value Trap. The stock's GF Value™ is zł3.39, compared to a current price of zł2.28 — trading 32.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.17, which is 60% below median its 10-year median of 0.43 and 75.4% below the Real Estate industry median of 0.69. Warimpex Finanz-und Beteiligungs AG's overall GF Score™ is 65/100 with 8 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 Warimpex Finanz-und Beteiligungs AG (WAR:WXF), the current Cyclically Adjusted PB Ratio is 0.17 as of Aug. 14, 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 Warimpex Finanz-und Beteiligungs AG (WAR:WXF) Overvalued in 2026?

Based on GuruFocus' analysis, Warimpex Finanz-und Beteiligungs AG stock appears to be undervalued. The current stock price of zł2.28 is trading 32.7% below its estimated GF Value™ of zł3.39. GuruFocus considers Warimpex Finanz-und Beteiligungs AG to be Possible Value Trap.

Key valuation signals for WAR:WXF:

  • Cyclically Adjusted PB Ratio: 0.17 (60% below median its 10-year median of 0.43)
  • GF Value™: zł3.39 vs. price of zł2.28 (32.7% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 75.4% below the Real Estate median (#231 of 1401)

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


Warimpex Finanz-und Beteiligungs AG Business Description

Other Exchanges WFS:GermanyWXF:Austria
Address Floridsdorfer Hauptstrasse 1, Vienna, AUT, 1210
Warimpex Finanz-und Beteiligungs AG is a real estate development and investment company. It is engaged in the construction, purchase, refurbishment, and operation of office and hotel properties in Central and Eastern Europe. The group's reportable business segments include Investment Properties, Hotels, and Development and Services. The majority of its revenue is generated from the Investment Properties segment, representing the business activities, assets, and liabilities for the non-hotel properties that are currently operated by the group. Geographically, it generates maximum revenue from Poland, and the rest from Germany, Hungary, and Austria.
65GF Score

Get the complete analysis for WAR:WXF

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

zł2.28
Price
zł3.39
GF Value