Knight-Swift Transportation Holdings (FRA:KSX) Cyclically Adjusted Book per Share: €36.67 (As of Jun. 2026)

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FRA:KSX Knight-Swift Transportation Holdings Inc FRA:KSX
83 GF Score
Price €60.00
GF Value €48.34
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Knight-Swift Transportation Holdings Cyclically Adjusted Book per Share?

Knight-Swift Transportation Holdings FRA:KSX -1.64% 83 Cyclically Adjusted Book per Share is €36.67 as of Jun. 2026. GuruFocus rates FRA:KSX with a GF Score™ of 83/100 and a GF Value™ of €48.34 (Modestly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Knight-Swift Transportation Holdings's adjusted book value per share for the three months ended in Jun. 2026 was €37.237. 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 €36.67 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Knight-Swift Transportation Holdings's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Knight-Swift Transportation Holdings was 23.70% per year. The lowest was 7.20% per year. And the median was 15.40% per year.

As of today (2026-08-11), Knight-Swift Transportation Holdings's current stock price is €60.00. Knight-Swift Transportation Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €36.67. Knight-Swift Transportation Holdings's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Knight-Swift Transportation Holdings was 4.32. The lowest was 1.04. And the median was 2.20.


Knight-Swift Transportation Holdings  (FRA:KSX) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Knight-Swift Transportation Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.00/36.67
=1.64

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Knight-Swift Transportation Holdings was 4.32. The lowest was 1.04. And the median was 2.20.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Knight-Swift Transportation Holdings Cyclically Adjusted Book per Share Related Terms


Knight-Swift Transportation Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Knight-Swift Transportation Holdings's Cyclically Adjusted Book per Share 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.

Knight-Swift Transportation Holdings Cyclically Adjusted Book per Share Chart

Knight-Swift Transportation Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.57 25.98 29.08 34.44 33.86

Knight-Swift Transportation Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 32.82 33.31 33.86 34.39 36.67

FRA:KSX vs SAIA, SNDR, RXO: Cyclically Adjusted Book per Share Comparison

For the Trucking subindustry, Knight-Swift Transportation Holdings'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.


Knight-Swift Transportation Holdings Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Knight-Swift Transportation Holdings's Cyclically Adjusted PB Ratio falls into.


FRA:KSX
83GF Score
Knight-Swift Transportation Holdings Inc FRA:KSX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Knight-Swift Transportation Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Knight-Swift Transportation Holdings'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)
=37.237/333.9520*333.9520
=37.237

Current CPI (Jun. 2026) = 333.9520.

Knight-Swift Transportation Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.823 241.428 16.354
201612 12.907 241.432 17.853
201703 12.896 243.801 17.665
201706 12.515 244.955 17.062
201709 22.620 246.819 30.605
201712 24.865 246.524 33.683
201803 24.140 249.554 32.304
201806 25.848 251.989 34.255
201809 26.321 252.439 34.820
201812 27.772 251.233 36.916
201903 28.344 254.202 37.236
201906 28.725 256.143 37.451
201909 29.827 256.759 38.794
201912 29.877 256.974 38.827
202003 30.320 258.115 39.228
202006 30.077 257.797 38.962
202009 29.323 260.280 37.623
202012 28.970 260.474 37.142
202103 30.135 264.877 37.994
202106 30.479 271.696 37.463
202109 32.221 274.310 39.227
202112 34.835 278.802 41.726
202203 36.460 287.504 42.350
202206 38.991 296.311 43.944
202209 42.786 296.808 48.140
202212 40.796 296.797 45.903
202303 40.751 301.836 45.087
202306 40.464 305.109 44.289
202309 41.311 307.789 44.823
202312 40.271 306.746 43.843
202403 40.173 312.332 42.954
202406 40.492 314.175 43.041
202409 39.290 315.301 41.614
202412 41.935 315.605 44.373
202503 40.619 319.799 42.417
202506 38.065 322.561 39.409
202509 37.331 324.800 38.383
202512 37.258 324.054 38.396
202603 37.554 330.213 37.979
202606 37.237 333.952 37.237

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €36.67 mean?
Knight-Swift Transportation Holdings (FRA:KSX) has a Cyclically Adjusted Book per Share of €36.67 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Knight-Swift Transportation Holdings and its competitors.
Is Knight-Swift Transportation Holdings' Cyclically Adjusted Book per Share too high?
Knight-Swift Transportation Holdings' current Cyclically Adjusted Book per Share is €36.67. Overall, Knight-Swift Transportation Holdings has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Knight-Swift Transportation Holdings' Cyclically Adjusted Book per Share compare to SAIA and SNDR?
Knight-Swift Transportation Holdings' Cyclically Adjusted Book per Share of €36.67 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Knight-Swift Transportation Holdings and its competitors. Knight-Swift Transportation Holdings's current Cyclically Adjusted Book per Share is €36.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knight-Swift Transportation Holdings stock overvalued right now?
Based on GuruFocus' analysis, Knight-Swift Transportation Holdings (FRA:KSX) is currently considered Modestly Overvalued. The stock's GF Value™ is €48.34, compared to a current price of €60.00 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is €36.67. Knight-Swift Transportation Holdings' overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Knight-Swift Transportation Holdings (FRA:KSX), the current Cyclically Adjusted Book per Share is €36.67 as of Jun. 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 Knight-Swift Transportation Holdings (FRA:KSX) Overvalued in 2026?

Based on GuruFocus' analysis, Knight-Swift Transportation Holdings stock appears to be overvalued. The current stock price of €60.00 is trading 24.1% above its estimated GF Value™ of €48.34. GuruFocus considers Knight-Swift Transportation Holdings to be Modestly Overvalued.

Key valuation signals for FRA:KSX:

  • Cyclically Adjusted Book per Share: €36.67
  • GF Value™: €48.34 vs. price of €60.00 (24.1% above fair value)
  • GF Score™: 83/100 with 6 warning signs

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


Knight-Swift Transportation Holdings Business Description

Other Exchanges KNX:USAKSX:Germany
Address 2002 West Wahalla Lane, Phoenix, AZ, USA, 85027
Knight-Swift Transportation is the largest full-truckload carrier in the US, with a diversified transportation offering. Roughly 82% of revenue derives from Knight's asset-based trucking business, with full truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and less than truckload 19%. Truck brokerage and other asset-light logistics services make up 8% of revenue, with intermodal near 5%. Knight's intermodal operations use the Class I railroads for the underlying movement of its shipping containers and include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue is from services offered to shippers and third-party truckers, including equipment maintenance and leasing.
83GF Score

Get the complete analysis for FRA:KSX

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

€60.00
Price
€48.34
GF Value