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PJP MakrumWAR:PJP +0.49%70 PB Ratio is 0.75 as of Jul. 22, 2026, which is 15% above its 10-year median of 0.65. GuruFocus rates WAR:PJP with a GF Score™ of 70/100 and a GF Value™ of zł17.23 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 1,722 Construction companies, PJP Makrum ranks better than 73.52% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-22), PJP Makrum's share price is zł20.50. PJP Makrum's Book Value per Share for the quarter that ended in Mar. 2026 was zł27.50. Hence, PJP Makrum's PB Ratio of today is 0.75.
Warning Sign:
PJP Makrum SA stock PB Ratio (=0.73) is close to 2-year high of 0.76.
The historical rank and industry rank for PJP Makrum's PB Ratio or its related term are showing as below:
WAR:PJP'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.65 Max: 1.39
Current: 0.74
During the past 13 years, PJP Makrum's highest PB Ratio was 1.39. The lowest was 0.29. And the median was 0.65.
WAR:PJP's PB Ratio is ranked better than 73.52% of 1722
companies
in the Construction industry
Industry Median: 1.32
vs WAR:PJP: 0.74
During the past 12 months, PJP Makrum's average Book Value Per Share Growth Rate was 0.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PJP Makrum was 11.30% per year. The lowest was -8.80% per year. And the median was 4.30% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
PJP Makrum PB Ratio Related Terms
PJP Makrum PB Ratio Historical Data
* Premium members only.
The historical data trend for PJP Makrum's 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.
For the Engineering & Construction subindustry, PJP Makrum's PB Ratio, along with its competitors' market caps and 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.
PJP Makrum PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, PJP Makrum's PB Ratio distribution charts can be found below:
* The bar in red indicates where PJP Makrum's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
PJP Makrum's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
PJP Makrum (WAR:PJP) has a PB Ratio of 0.75 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PJP Makrum and its competitors. This is 15% above median its historical median of 0.65. Over the past decade, PJP Makrum's PB Ratio has ranged from 0.29 to 1.39. According to the industry distribution chart, PJP Makrum ranks #456 out of 1722 companies in the Construction industry, placing it in the top 26.5%.
Is PJP Makrum's PB Ratio too high?
PJP Makrum's current PB Ratio of 0.75 is 15% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.39. The Construction industry median PB Ratio is 1.32. PJP Makrum's value of 0.75 is 43.2% below this industry median. Based on the distribution chart, PJP Makrum ranks #456 out of 1722 companies in the Construction industry, which is above the industry midpoint. Overall, PJP Makrum has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PJP Makrum's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, PJP Makrum ranks #456 out of 1722 companies for PB Ratio. This puts PJP Makrum in the upper half of its industry. The industry median PB Ratio is 1.32. PJP Makrum's value of 0.75 is 43.2% below this benchmark. Historically, PJP Makrum's own PB Ratio has ranged from 0.29 to 1.39 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.32, PJP Makrum 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 PB Ratio for a Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,722 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PJP Makrum's current PB Ratio of 0.75 is 43.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PJP Makrum and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJP Makrum's current PB Ratio is 0.75, which is 15% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJP Makrum stock overvalued right now?
Based on GuruFocus' analysis, PJP Makrum (WAR:PJP) is currently considered Modestly Overvalued. The stock's GF Value™ is zł17.23, compared to a current price of zł20.50 — trading 19% above its estimated fair value. The current PB Ratio is 0.75, which is 15% above median its 10-year median of 0.65 and 43.2% below the Construction industry median of 1.32. PJP Makrum's overall GF Score™ is 70/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For PJP Makrum (WAR:PJP), the current PB Ratio is 0.75 as of Jul. 22, 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 PJP Makrum (WAR:PJP) Overvalued in 2026?
Based on GuruFocus' analysis, PJP Makrum stock appears to be overvalued.
The current stock price of zł20.50 is trading 19% above its estimated GF Value™ of zł17.23.
GuruFocus considers PJP Makrum to be Modestly Overvalued.
Key valuation signals for WAR:PJP:
PB Ratio: 0.75 (15% above median its 10-year median of 0.65)
GF Value™: zł17.23 vs. price of zł20.50 (19% above fair value)
Industry Position: 43.2% below the Construction median (#456 of 1722)
No single metric tells the full story. See the WAR:PJP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PJP Makrum SA operates in three areas. The first consists of the production of steel structures for the energy and chemical industries and environmental protection. The second segment focuses on commercial construction (industrial facilities, warehouses, and retail space). The third activity is docking solutions.
70GF Score
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