Kruk (KRKKF) Cyclically Adjusted Book per Share: $36.40 (As of Mar. 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.

KRKKF Kruk SA KRKKF
94 GF Score
Price $124.58
GF Value $124.87
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Kruk Cyclically Adjusted Book per Share?

Kruk KRKKF 94 Cyclically Adjusted Book per Share is $36.40 as of Mar. 2026. GuruFocus rates KRKKF with a GF Score™ of 94/100 and a GF Value™ of $124.87 (Fairly Valued). The stock has 7 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.

Kruk's adjusted book value per share for the three months ended in Mar. 2026 was $76.298. 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 $36.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kruk's average Cyclically Adjusted Book Growth Rate was 17.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 24.20% 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 Kruk was 28.40% per year. The lowest was 18.70% per year. And the median was 25.40% per year.

As of today (2026-07-23), Kruk's current stock price is $124.58. Kruk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $36.40. Kruk's Cyclically Adjusted PB Ratio of today is 3.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kruk was 5.60. The lowest was 1.22. And the median was 3.14.


Kruk  (OTCPK:KRKKF) 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.

Kruk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=124.58/36.40
=3.42

* 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 Kruk was 5.60. The lowest was 1.22. And the median was 3.14.


Be Aware

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


Kruk Cyclically Adjusted Book per Share Related Terms


Kruk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kruk'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.

Kruk Cyclically Adjusted Book per Share Chart

Kruk 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 15.12 15.91 18.81 25.71 31.21

Kruk 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 41.16 35.92 32.57 31.21 36.40

KRKKF vs V, MA, AXP: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, Kruk'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.


Kruk Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Kruk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KRKKF
94GF Score
Kruk SA KRKKF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kruk 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, Kruk'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)
=76.298/163.0700*163.0700
=76.298

Current CPI (Mar. 2026) = 163.0700.

Kruk Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.222 99.552 21.658
201609 14.284 99.064 23.513
201612 17.425 100.366 28.311
201703 18.551 101.018 29.946
201706 19.440 101.180 31.331
201709 20.978 101.343 33.755
201712 20.494 102.564 32.584
201803 22.300 102.564 35.455
201806 23.018 103.378 36.309
201809 23.780 103.378 37.511
201812 24.208 103.785 38.036
201903 25.477 104.274 39.843
201906 25.517 105.983 39.262
201909 27.334 105.983 42.057
201912 27.244 107.123 41.473
202003 27.174 109.076 40.625
202006 27.643 109.402 41.204
202009 28.707 109.320 42.821
202012 28.373 109.565 42.229
202103 30.364 112.658 43.951
202106 30.634 113.960 43.835
202109 33.682 115.588 47.518
202112 36.103 119.088 49.437
202203 39.999 125.031 52.168
202206 40.015 131.705 49.544
202209 42.788 135.531 51.482
202212 44.455 139.113 52.111
202303 47.892 145.950 53.510
202306 47.122 147.009 52.270
202309 50.897 146.113 56.804
202312 51.796 147.741 57.170
202403 56.789 149.044 62.133
202406 56.113 150.997 60.599
202409 60.025 153.439 63.793
202412 61.672 154.660 65.025
202503 65.025 157.021 67.530
202506 64.794 157.509 67.082
202509 69.149 158.000 71.368
202512 72.117 158.320 74.281
202603 76.298 163.070 76.298

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 $36.40 mean?
Kruk (KRKKF) has a Cyclically Adjusted Book per Share of $36.40 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 Kruk and its competitors.
Is Kruk's Cyclically Adjusted Book per Share too high?
Kruk's current Cyclically Adjusted Book per Share is $36.40. Overall, Kruk has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kruk's Cyclically Adjusted Book per Share compare to V and MA?
Kruk's Cyclically Adjusted Book per Share of $36.40 can be compared against companies in the Credit Services 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 Credit Services company?
A good Cyclically Adjusted Book per Share depends on the Credit Services 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 Kruk and its competitors. Kruk's current Cyclically Adjusted Book per Share is $36.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kruk stock overvalued right now?
Based on GuruFocus' analysis, Kruk (KRKKF) is currently considered Fairly Valued. The stock's GF Value™ is $124.87, compared to a current price of $124.58 — trading 0.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is $36.40. Kruk's overall GF Score™ is 94/100 with 7 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 Kruk (KRKKF), the current Cyclically Adjusted Book per Share is $36.40 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 Kruk (KRKKF) Overvalued in 2026?

Based on GuruFocus' analysis, Kruk stock appears to be undervalued. The current stock price of $124.58 is trading 0.2% below its estimated GF Value™ of $124.87. GuruFocus considers Kruk to be Fairly Valued.

Key valuation signals for KRKKF:

  • Cyclically Adjusted Book per Share: $36.40
  • GF Value™: $124.87 vs. price of $124.58 (0.2% below fair value)
  • GF Score™: 94/100 with 7 warning signs

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


Kruk Business Description

Other Exchanges KRU:Poland83I:Germany
Address ul. Wolowska 8, Wroclaw, POL, 51-116
Kruk SA is the leader in the debt collection industry. It manages debts purchased on its own account and contracted by third parties. The group manages bank debt (the main client category), debts owed to loan brokers, insurance companies, leasing firms, fixed-line and mobile phone operators, cable TV companies, digital TV platforms and FMCG companies. The Group manages debt in three segments consumer debts, mortgage debts and corporate debts. Consumer debts include retail and unsecured. Mortgage debts include retail, and secured. Corporate debts include mortgage-backed and non-mortgage-backed. Geographically the company operates in segments Poland, Romania, Italy, Spain, and Other foreign markets.
94GF Score

Get the complete analysis for KRKKF

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

$124.58
Price
$124.87
GF Value