KOYJF (Kemira Oyj) Cyclically Adjusted Book per Share: $11.57 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KOYJF Kemira Oyj KOYJF
70 GF Score
Price $19.25
GF Value $21.20
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Kemira Oyj Cyclically Adjusted Book per Share?

Kemira Oyj KOYJF 70 Cyclically Adjusted Book per Share is $11.57 as of Jun. 2026. GuruFocus rates KOYJF with a GF Score™ of 70/100 and a GF Value™ of $21.20 (Fairly Valued). The stock has 4 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.

Kemira Oyj's adjusted book value per share for the three months ended in Jun. 2026 was $12.524. 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 $11.57 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Kemira Oyj's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Kemira Oyj was 5.80% per year. The lowest was -1.40% per year. And the median was 2.90% per year.

As of today (2026-08-17), Kemira Oyj's current stock price is $19.25. Kemira Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $11.57. Kemira Oyj's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kemira Oyj was 2.44. The lowest was 1.06. And the median was 1.62.


Kemira Oyj  (OTCPK:KOYJF) 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.

Kemira Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.25/11.57
=1.66

* 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 Kemira Oyj was 2.44. The lowest was 1.06. And the median was 1.62.


Be Aware

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


Kemira Oyj Cyclically Adjusted Book per Share Related Terms


Kemira Oyj Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kemira Oyj'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.

Kemira Oyj Cyclically Adjusted Book per Share Chart

Kemira Oyj 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 9.30 7.19 9.69 9.86 11.65

Kemira Oyj 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 11.72 11.73 11.65 11.96 11.57

KOYJF vs DOW: Cyclically Adjusted Book per Share Comparison

For the Chemicals subindustry, Kemira Oyj'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.


Kemira Oyj Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kemira Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kemira Oyj's Cyclically Adjusted PB Ratio falls into.


KOYJF
70GF Score
Kemira Oyj KOYJF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kemira Oyj 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, Kemira Oyj'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)
=12.524/125.0800*125.0800
=12.524

Current CPI (Jun. 2026) = 125.0800.

Kemira Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.396 100.540 10.445
201612 8.100 101.020 10.029
201703 7.741 100.910 9.595
201706 8.071 101.140 9.981
201709 8.654 101.320 10.683
201712 9.003 101.510 11.093
201803 8.794 101.730 10.812
201806 8.664 102.320 10.591
201809 8.676 102.600 10.577
201812 8.874 102.710 10.807
201903 8.356 102.870 10.160
201906 8.562 103.360 10.361
201909 8.749 103.540 10.569
201912 8.863 103.650 10.695
202003 8.639 103.490 10.441
202006 8.788 103.320 10.639
202009 9.355 103.710 11.283
202012 9.483 103.890 11.417
202103 8.964 104.870 10.691
202106 9.322 105.360 11.067
202109 9.736 106.290 11.457
202112 9.805 107.490 11.410
202203 9.359 110.950 10.551
202206 10.669 113.570 11.750
202209 10.659 114.920 11.601
202212 11.535 117.320 12.298
202303 10.762 119.750 11.241
202306 11.388 120.690 11.802
202309 11.542 121.280 11.904
202312 11.818 121.540 12.162
202403 11.181 122.360 11.430
202406 11.876 122.230 12.153
202409 12.500 122.260 12.788
202412 12.141 122.390 12.408
202503 11.849 123.010 12.048
202506 12.702 122.530 12.966
202509 13.263 122.880 13.500
202512 13.148 122.670 13.406
202603 12.397 124.670 12.438
202606 12.524 125.080 12.524

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 $11.57 mean?
Kemira Oyj (KOYJF) has a Cyclically Adjusted Book per Share of $11.57 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 Kemira Oyj and its competitors.
Is Kemira Oyj's Cyclically Adjusted Book per Share too high?
Kemira Oyj's current Cyclically Adjusted Book per Share is $11.57. Overall, Kemira Oyj has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kemira Oyj's Cyclically Adjusted Book per Share compare to DOW?
Kemira Oyj's Cyclically Adjusted Book per Share of $11.57 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Kemira Oyj and its competitors. Kemira Oyj's current Cyclically Adjusted Book per Share is $11.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kemira Oyj stock overvalued right now?
Based on GuruFocus' analysis, Kemira Oyj (KOYJF) is currently considered Fairly Valued. The stock's GF Value™ is $21.20, compared to a current price of $19.25 — trading 9.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is $11.57. Kemira Oyj's overall GF Score™ is 70/100 with 4 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 Kemira Oyj (KOYJF), the current Cyclically Adjusted Book per Share is $11.57 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 Kemira Oyj (KOYJF) Overvalued in 2026?

Based on GuruFocus' analysis, Kemira Oyj stock appears to be undervalued. The current stock price of $19.25 is trading 9.2% below its estimated GF Value™ of $21.20. GuruFocus considers Kemira Oyj to be Fairly Valued.

Key valuation signals for KOYJF:

  • Cyclically Adjusted Book per Share: $11.57
  • GF Value™: $21.20 vs. price of $19.25 (9.2% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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


Kemira Oyj Business Description

Address Energiakatu 4, P.O. Box 330, Helsinki, FIN, 00180
Kemira Oyj is a chemicals company serving customers in water-intensive industries. It provides expertise in applications and chemicals that help customers use water, energy, and raw materials more efficiently. Along with its subsidiaries, the company's operating business segments are: Water Solutions, Packaging & Hygiene Solutions, and Fiber Essentials. The majority of its revenue is generated from the Water solutions segment. Geographically, the company derives its key revenue from EMEA (Europe, the Middle East, and Africa), followed by the Americas and the Asia-Pacific region.
70GF Score

Get the complete analysis for KOYJF

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

$19.25
Price
$21.20
GF Value