Kronos Worldwide (STU:K1W) Cyclically Adjusted Book per Share: €6.94 (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.

STU:K1W Kronos Worldwide Inc STU:K1W
73 GF Score
Price €5.81
GF Value €8.03
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Kronos Worldwide Cyclically Adjusted Book per Share?

Kronos Worldwide STU:K1W -0.51% 73 Cyclically Adjusted Book per Share is €6.94 as of Mar. 2026. GuruFocus rates STU:K1W with a GF Score™ of 73/100 and a GF Value™ of €8.03 (Modestly Undervalued). The stock has 6 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.

Kronos Worldwide's adjusted book value per share for the three months ended in Mar. 2026 was €5.601. 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 €6.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kronos Worldwide's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 Kronos Worldwide was 8.80% per year. The lowest was -0.20% per year. And the median was 2.85% per year.

As of today (2026-07-17), Kronos Worldwide's current stock price is €5.81. Kronos Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €6.94. Kronos Worldwide's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kronos Worldwide was 4.73. The lowest was 0.56. And the median was 1.69.


Kronos Worldwide  (STU:K1W) 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.

Kronos Worldwide's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.81/6.94
=0.84

* 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 Kronos Worldwide was 4.73. The lowest was 0.56. And the median was 1.69.


Be Aware

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


Kronos Worldwide Cyclically Adjusted Book per Share Related Terms


Kronos Worldwide Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kronos Worldwide'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.

Kronos Worldwide Cyclically Adjusted Book per Share Chart

Kronos Worldwide 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 6.76 7.29 7.15 7.15 6.75

Kronos Worldwide 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 7.18 6.53 6.65 6.75 6.94

STU:K1W vs KOP, MATV, ALTO: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Kronos Worldwide'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.


Kronos Worldwide Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


STU:K1W
73GF Score
Kronos Worldwide Inc STU:K1W
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kronos Worldwide 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, Kronos Worldwide'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)
=5.601/330.2130*330.2130
=5.601

Current CPI (Mar. 2026) = 330.2130.

Kronos Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.353 241.018 4.594
201609 3.497 241.428 4.783
201612 3.231 241.432 4.419
201703 3.443 243.801 4.663
201706 4.767 244.955 6.426
201709 5.145 246.819 6.883
201712 5.499 246.524 7.366
201803 5.726 249.554 7.577
201806 6.304 251.989 8.261
201809 6.458 252.439 8.448
201812 6.369 251.233 8.371
201903 6.500 254.202 8.444
201906 6.633 256.143 8.551
201909 6.649 256.759 8.551
201912 6.348 256.974 8.157
202003 6.128 258.115 7.840
202006 6.158 257.797 7.888
202009 5.891 260.280 7.474
202012 5.669 260.474 7.187
202103 5.823 264.877 7.259
202106 5.827 271.696 7.082
202109 6.047 274.310 7.279
202112 6.668 278.802 7.898
202203 7.185 287.504 8.252
202206 7.403 296.311 8.250
202209 7.688 296.808 8.553
202212 7.823 296.797 8.704
202303 7.388 301.836 8.083
202306 7.033 305.109 7.612
202309 6.787 307.789 7.281
202312 6.440 306.746 6.933
202403 6.194 312.332 6.549
202406 6.255 314.175 6.574
202409 6.637 315.301 6.951
202412 6.785 315.605 7.099
202503 6.811 319.799 7.033
202506 6.381 322.561 6.532
202509 5.959 324.800 6.058
202512 5.575 324.054 5.681
202603 5.601 330.213 5.601

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 €6.94 mean?
Kronos Worldwide (STU:K1W) has a Cyclically Adjusted Book per Share of €6.94 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 Kronos Worldwide and its competitors.
Is Kronos Worldwide's Cyclically Adjusted Book per Share too high?
Kronos Worldwide's current Cyclically Adjusted Book per Share is €6.94. Overall, Kronos Worldwide has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kronos Worldwide's Cyclically Adjusted Book per Share compare to KOP and MATV?
Kronos Worldwide's Cyclically Adjusted Book per Share of €6.94 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 Kronos Worldwide and its competitors. Kronos Worldwide's current Cyclically Adjusted Book per Share is €6.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kronos Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Kronos Worldwide (STU:K1W) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.03, compared to a current price of €5.81 — trading 27.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is €6.94. Kronos Worldwide's overall GF Score™ is 73/100 with 6 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 Kronos Worldwide (STU:K1W), the current Cyclically Adjusted Book per Share is €6.94 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 Kronos Worldwide (STU:K1W) Overvalued in 2026?

Based on GuruFocus' analysis, Kronos Worldwide stock appears to be undervalued. The current stock price of €5.81 is trading 27.6% below its estimated GF Value™ of €8.03. GuruFocus considers Kronos Worldwide to be Modestly Undervalued.

Key valuation signals for STU:K1W:

  • Cyclically Adjusted Book per Share: €6.94
  • GF Value™: €8.03 vs. price of €5.81 (27.6% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the STU:K1W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kronos Worldwide Business Description

Other Exchanges KRO:USA
Address 5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in various products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The maximum of revenue comes from the United States.
73GF Score

Get the complete analysis for STU:K1W

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

€5.81
Price
€8.03
GF Value