KNSL (Kinsale Capital Group) Cyclically Adjusted Book per Share: $35.75 (As of Mar. 2026)


KNSL Kinsale Capital Group Inc KNSL
76 GF Score
Price $348.73
GF Value $571.18
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Kinsale Capital Group Cyclically Adjusted Book per Share?

Kinsale Capital Group KNSL +0.43% 76 Cyclically Adjusted Book per Share is $35.75 as of Mar. 2026. GuruFocus rates KNSL with a GF Score™ of 76/100 and a GF Value™ of $571.18 (Significantly Undervalued). The stock has 1 warning sign 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.

Kinsale Capital Group's adjusted book value per share for the three months ended in Mar. 2026 was $85.311. 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 $35.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kinsale Capital Group's average Cyclically Adjusted Book Growth Rate was 25.60% 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.

As of today (2026-07-07), Kinsale Capital Group's current stock price is $348.73. Kinsale Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $35.75. Kinsale Capital Group's Cyclically Adjusted PB Ratio of today is 9.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kinsale Capital Group was 20.60. The lowest was 8.53. And the median was 14.88.


Kinsale Capital Group  (NYSE:KNSL) 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.

Kinsale Capital Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=348.73/35.75
=9.75

* 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 Kinsale Capital Group was 20.60. The lowest was 8.53. And the median was 14.88.


Be Aware

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


Kinsale Capital Group Cyclically Adjusted Book per Share Related Terms


Kinsale Capital Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kinsale Capital Group'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.

Kinsale Capital Group Cyclically Adjusted Book per Share Chart

Kinsale Capital Group 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 0.00 0.00 0.00 27.04 33.19

Kinsale Capital Group 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 28.46 29.87 31.33 33.19 35.75

KNSL vs THG, MCY, SIGI: Cyclically Adjusted Book per Share Comparison

For the Insurance - Property & Casualty subindustry, Kinsale Capital Group'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.


Kinsale Capital Group Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Kinsale Capital Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KNSL
76GF Score
Kinsale Capital Group Inc KNSL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinsale Capital Group 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, Kinsale Capital Group'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)
=85.311/330.2130*330.2130
=85.311

Current CPI (Mar. 2026) = 330.2130.

Kinsale Capital Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.191 241.018 8.482
201609 10.009 241.428 13.690
201612 10.025 241.432 13.711
201703 10.323 243.801 13.982
201706 10.780 244.955 14.532
201709 11.021 246.819 14.745
201712 11.323 246.524 15.167
201803 11.382 249.554 15.061
201806 11.713 251.989 15.349
201809 12.150 252.439 15.893
201812 12.428 251.233 16.335
201903 13.572 254.202 17.630
201906 14.418 256.143 18.587
201909 17.602 256.759 22.638
201912 18.278 256.974 23.487
202003 18.034 258.115 23.071
202006 20.451 257.797 26.196
202009 23.569 260.280 29.902
202012 25.321 260.474 32.100
202103 25.757 264.877 32.110
202106 27.608 271.696 33.554
202109 28.887 274.310 34.774
202112 30.627 278.802 36.275
202203 29.054 287.504 33.370
202206 27.684 296.311 30.851
202209 27.021 296.808 30.062
202212 32.283 296.797 35.918
202303 35.231 301.836 38.543
202306 37.640 305.109 40.737
202309 39.864 307.789 42.768
202312 46.883 306.746 50.470
202403 50.308 312.332 53.188
202406 53.990 314.175 56.746
202409 61.618 315.301 64.532
202412 63.749 315.605 66.700
202503 67.916 319.799 70.128
202506 73.933 322.561 75.687
202509 80.186 324.800 81.522
202512 84.662 324.054 86.271
202603 85.311 330.213 85.311

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 $35.75 mean?
Kinsale Capital Group (KNSL) has a Cyclically Adjusted Book per Share of $35.75 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 Kinsale Capital Group and its competitors.
Is Kinsale Capital Group's Cyclically Adjusted Book per Share too high?
Kinsale Capital Group's current Cyclically Adjusted Book per Share is $35.75. Overall, Kinsale Capital Group has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kinsale Capital Group's Cyclically Adjusted Book per Share compare to THG and MCY?
Kinsale Capital Group's Cyclically Adjusted Book per Share of $35.75 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 Kinsale Capital Group and its competitors. Kinsale Capital Group's current Cyclically Adjusted Book per Share is $35.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinsale Capital Group stock overvalued right now?
Based on GuruFocus' analysis, Kinsale Capital Group (KNSL) is currently considered Significantly Undervalued. The stock's GF Value™ is $571.18, compared to a current price of $348.73 — trading 38.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is $35.75. Kinsale Capital Group's overall GF Score™ is 76/100 with 1 warning sign 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 Kinsale Capital Group (KNSL), the current Cyclically Adjusted Book per Share is $35.75 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 Kinsale Capital Group (KNSL) Overvalued in 2026?

Based on GuruFocus' analysis, Kinsale Capital Group stock appears to be undervalued. The current stock price of $348.73 is trading 38.9% below its estimated GF Value™ of $571.18. GuruFocus considers Kinsale Capital Group to be Significantly Undervalued.

Key valuation signals for KNSL:

  • Cyclically Adjusted Book per Share: $35.75
  • GF Value™: $571.18 vs. price of $348.73 (38.9% below fair value)
  • GF Score™: 76/100 with 1 warning sign

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


Kinsale Capital Group Business Description

Other Exchanges KCH:Germany
Address 2025 Staples Mill Road, Richmond, VA, USA, 23230
Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, professional, and a public entity. The company operates in only one reportable segment which is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.
76GF Score

Get the complete analysis for KNSL

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

$348.73
Price
$571.18
GF Value