KCLI (Kansas City Life Insurance Co) Cyclically Adjusted Book per Share: $86.43 (As of Mar. 2026)


KCLI Kansas City Life Insurance Co KCLI
65 GF Score
Price $33.40
GF Value $37.14
Valuation Modestly Undervalued
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What is Kansas City Life Insurance Co Cyclically Adjusted Book per Share?

Kansas City Life Insurance Co KCLI 65 Cyclically Adjusted Book per Share is $86.43 as of Mar. 2026. GuruFocus rates KCLI with a GF Score™ of 65/100 and a GF Value™ of $37.14 (Modestly Undervalued).

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.

Kansas City Life Insurance Co's adjusted book value per share for the three months ended in Mar. 2026 was $68.540. 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 $86.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kansas City Life Insurance Co's average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.40% 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 Kansas City Life Insurance Co was 6.40% per year. The lowest was -0.60% per year. And the median was 3.70% per year.

As of today (2026-07-01), Kansas City Life Insurance Co's current stock price is $33.40. Kansas City Life Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $86.43. Kansas City Life Insurance Co's Cyclically Adjusted PB Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kansas City Life Insurance Co was 0.74. The lowest was 0.24. And the median was 0.44.


Kansas City Life Insurance Co  (OTCPK:KCLI) 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.

Kansas City Life Insurance Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.40/86.43
=0.39

* 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 Kansas City Life Insurance Co was 0.74. The lowest was 0.24. And the median was 0.44.


Be Aware

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


Kansas City Life Insurance Co Cyclically Adjusted Book per Share Related Terms


Kansas City Life Insurance Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kansas City Life Insurance Co'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.

Kansas City Life Insurance Co Cyclically Adjusted Book per Share Chart

Kansas City Life Insurance Co 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 84.31 87.02 86.59 86.30 85.57

Kansas City Life Insurance Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 86.64 86.57 86.39 85.57 86.43

KCLI vs CIA, SNFCA, UTGN: Cyclically Adjusted Book per Share Comparison

For the Insurance - Life subindustry, Kansas City Life Insurance Co'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.


Kansas City Life Insurance Co Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Kansas City Life Insurance Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kansas City Life Insurance Co's Cyclically Adjusted PB Ratio falls into.


KCLI
65GF Score
Kansas City Life Insurance Co KCLI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Kansas City Life Insurance Co 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, Kansas City Life Insurance Co'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)
=68.54/330.2130*330.2130
=68.540

Current CPI (Mar. 2026) = 330.2130.

Kansas City Life Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 73.850 241.018 101.180
201609 73.791 241.428 100.928
201612 70.803 241.432 96.839
201703 71.418 243.801 96.731
201706 72.377 244.955 97.568
201709 72.749 246.819 97.329
201712 76.129 246.524 101.973
201803 72.617 249.554 96.088
201806 71.229 251.989 93.340
201809 71.106 252.439 93.013
201812 71.435 251.233 93.892
201903 76.271 254.202 99.077
201906 80.790 256.143 104.152
201909 83.909 256.759 107.914
201912 83.727 256.974 107.590
202003 80.515 258.115 103.005
202006 92.066 257.797 117.928
202009 92.980 260.280 117.962
202012 93.849 260.474 118.976
202103 85.125 264.877 106.122
202106 88.507 271.696 107.569
202109 86.316 274.310 103.907
202112 85.762 278.802 101.576
202203 71.167 287.504 81.739
202206 60.306 296.311 67.206
202209 51.414 296.808 57.201
202212 50.779 296.797 56.496
202303 54.548 301.836 59.676
202306 52.244 305.109 56.543
202309 46.302 307.789 49.675
202312 62.931 306.746 67.745
202403 60.952 312.332 64.442
202406 59.453 314.175 62.488
202409 67.427 315.301 70.616
202412 66.993 315.605 70.094
202503 62.533 319.799 64.569
202506 60.167 322.561 61.594
202509 62.875 324.800 63.923
202512 68.736 324.054 70.042
202603 68.540 330.213 68.540

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 $86.43 mean?
Kansas City Life Insurance Co (KCLI) has a Cyclically Adjusted Book per Share of $86.43 as of Mar. 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 Kansas City Life Insurance Co and its competitors.
Is Kansas City Life Insurance Co's Cyclically Adjusted Book per Share too high?
Kansas City Life Insurance Co's current Cyclically Adjusted Book per Share is $86.43. Overall, Kansas City Life Insurance Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kansas City Life Insurance Co's Cyclically Adjusted Book per Share compare to CIA and SNFCA?
Kansas City Life Insurance Co's Cyclically Adjusted Book per Share of $86.43 can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance 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 Kansas City Life Insurance Co and its competitors. Kansas City Life Insurance Co's current Cyclically Adjusted Book per Share is $86.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kansas City Life Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Kansas City Life Insurance Co (KCLI) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.14, compared to a current price of $33.40 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is $86.43. Kansas City Life Insurance Co's overall GF Score™ is 65/100. 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 Kansas City Life Insurance Co (KCLI), the current Cyclically Adjusted Book per Share is $86.43 as of Mar. 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 Kansas City Life Insurance Co (KCLI) Overvalued in 2026?

Based on GuruFocus' analysis, Kansas City Life Insurance Co stock appears to be undervalued. The current stock price of $33.40 is trading 10.1% below its estimated GF Value™ of $37.14. GuruFocus considers Kansas City Life Insurance Co to be Modestly Undervalued.

Key valuation signals for KCLI:

  • Cyclically Adjusted Book per Share: $86.43
  • GF Value™: $37.14 vs. price of $33.40 (10.1% below fair value)
  • GF Score™: 65/100

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


Kansas City Life Insurance Co Business Description

Address 3520 Broadway, Kansas, MO, USA, 64111-2565
Kansas City Life Insurance Co is a Missouri-domiciled insurance company providing individual life, annuity, and group products through general agencies located throughout the United States. The company operates its business in three segments; The Individual Insurance segment consists of individual insurance products for Kansas City Life, Grange Life, and the assumed reinsurance transactions; The Group Insurance segment consists of sales of group life, dental, vision, disability, accident, and critical illness products; and The Old American segment consists of individual insurance products designed largely as final expense products. The company makes the majority of its revenue from the Individual Insurance Segment.
65GF Score

Get the complete analysis for KCLI

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

$33.40
Price
$37.14
GF Value