Koenig & Bauer AG (MIL:1SKB) Cyclically Adjusted Book per Share: €28.88 (As of Mar. 2026)

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MIL:1SKB Koenig & Bauer AG MIL:1SKB
38 GF Score
Price €9.39
GF Value €13.99
Valuation Possible Value Trap
! 1 Warning Sign
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What is Koenig & Bauer AG Cyclically Adjusted Book per Share?

Koenig & Bauer AG MIL:1SKB 38 Cyclically Adjusted Book per Share is €28.88 as of Mar. 2026. GuruFocus rates MIL:1SKB with a GF Score™ of 38/100 and a GF Value™ of €13.99 (Possible Value Trap). 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.

Koenig & Bauer AG's adjusted book value per share for the three months ended in Mar. 2026 was €18.759. 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 €28.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Koenig & Bauer AG's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Koenig & Bauer AG was 3.00% per year. The lowest was -1.00% per year. And the median was 1.10% per year.

As of today (2026-07-22), Koenig & Bauer AG's current stock price is €9.39. Koenig & Bauer AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €28.88. Koenig & Bauer AG's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Koenig & Bauer AG was 3.24. The lowest was 0.31. And the median was 0.80.


Koenig & Bauer AG  (MIL:1SKB) 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.

Koenig & Bauer AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.39/28.88
=0.33

* 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 Koenig & Bauer AG was 3.24. The lowest was 0.31. And the median was 0.80.


Be Aware

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


Koenig & Bauer AG Cyclically Adjusted Book per Share Related Terms


Koenig & Bauer AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Koenig & Bauer AG'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.

Koenig & Bauer AG Cyclically Adjusted Book per Share Chart

Koenig & Bauer AG 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 24.07 23.06 25.82

Koenig & Bauer AG 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 25.13 24.64 26.65 25.82 28.88

MIL:1SKB vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Koenig & Bauer AG'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.


Koenig & Bauer AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Koenig & Bauer AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koenig & Bauer AG's Cyclically Adjusted PB Ratio falls into.


MIL:1SKB
38GF Score
Koenig & Bauer AG MIL:1SKB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koenig & Bauer AG 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, Koenig & Bauer AG'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)
=18.759/131.2583*131.2583
=18.759

Current CPI (Mar. 2026) = 131.2583.

Koenig & Bauer AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.389 100.717 20.056
201609 15.818 101.017 20.553
201612 20.411 101.217 26.469
201703 20.781 101.417 26.896
201706 21.477 102.117 27.606
201709 22.360 102.717 28.573
201712 25.658 102.617 32.819
201803 24.926 102.917 31.790
201806 24.333 104.017 30.706
201809 25.319 104.718 31.736
201812 24.865 104.217 31.317
201903 26.638 104.217 33.550
201906 25.398 105.718 31.534
201909 24.944 106.018 30.883
201912 26.118 105.818 32.397
202003 25.906 105.718 32.165
202006 25.289 106.618 31.134
202009 20.539 105.818 25.477
202012 20.623 105.518 25.654
202103 20.303 107.518 24.786
202106 21.349 108.486 25.830
202109 21.676 109.435 25.999
202112 22.275 110.384 26.487
202203 21.979 113.968 25.313
202206 23.437 115.760 26.575
202209 23.625 118.818 26.099
202212 25.483 119.345 28.027
202303 24.992 122.402 26.800
202306 24.563 123.140 26.182
202309 24.629 124.195 26.030
202312 24.720 123.773 26.215
202403 23.728 125.038 24.908
202406 21.991 125.882 22.930
202409 19.976 126.198 20.777
202412 19.994 127.041 20.658
202503 18.965 127.779 19.481
202506 19.413 128.412 19.843
202509 19.952 129.255 20.261
202512 20.726 129.361 21.030
202603 18.759 131.258 18.759

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 €28.88 mean?
Koenig & Bauer AG (MIL:1SKB) has a Cyclically Adjusted Book per Share of €28.88 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 Koenig & Bauer AG and its competitors.
Is Koenig & Bauer AG's Cyclically Adjusted Book per Share too high?
Koenig & Bauer AG's current Cyclically Adjusted Book per Share is €28.88. Overall, Koenig & Bauer AG has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Koenig & Bauer AG's Cyclically Adjusted Book per Share compare to GEV and ETN?
Koenig & Bauer AG's Cyclically Adjusted Book per Share of €28.88 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Koenig & Bauer AG and its competitors. Koenig & Bauer AG's current Cyclically Adjusted Book per Share is €28.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koenig & Bauer AG stock overvalued right now?
Based on GuruFocus' analysis, Koenig & Bauer AG (MIL:1SKB) is currently considered Possible Value Trap. The stock's GF Value™ is €13.99, compared to a current price of €9.39 — trading 32.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is €28.88. Koenig & Bauer AG's overall GF Score™ is 38/100 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 Koenig & Bauer AG (MIL:1SKB), the current Cyclically Adjusted Book per Share is €28.88 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 Koenig & Bauer AG (MIL:1SKB) Overvalued in 2026?

Based on GuruFocus' analysis, Koenig & Bauer AG stock appears to be undervalued. The current stock price of €9.39 is trading 32.9% below its estimated GF Value™ of €13.99. GuruFocus considers Koenig & Bauer AG to be Possible Value Trap.

Key valuation signals for MIL:1SKB:

  • Cyclically Adjusted Book per Share: €28.88
  • GF Value™: €13.99 vs. price of €9.39 (32.9% below fair value)
  • GF Score™: 38/100 with 1 warning sign

No single metric tells the full story. See the MIL:1SKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koenig & Bauer AG Business Description

Address Friedrich-Koenig-Strasse 4, Wurzburg, DEU, 97080
Koenig & Bauer AG is engaged in the manufacturing and distribution of sheetfed offset, digital, web offset, and special printing presses. It operates sheetfed offset for packaging, commercial, book, as well as workflow solutions. It also provides digital and offset web presses for newspaper, commercial, and industrial printing. In addition, the company provides special presses for banknote and security printing, systems for industrial coding technology, and special machines for printing packaging made of metal, film, and other plastic, as well as glass. The firm has business segments, namely Paper & Packaging Sheetfed Systems (P&P) and Special & New Technologies (S&T). while generating the majority of its revenue from the Paper & Packaging Sheetfed Systems (P&P) segment.
38GF Score

Get the complete analysis for MIL:1SKB

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

€9.39
Price
€13.99
GF Value