Kirby (STU:KIY) Cyclically Adjusted Book per Share: €53.82 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:KIY Kirby Corp STU:KIY
81 GF Score
Price €126.00
GF Value €102.48
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Kirby Cyclically Adjusted Book per Share?

Kirby STU:KIY +0.80% 81 Cyclically Adjusted Book per Share is €53.82 as of Mar. 2026. GuruFocus rates STU:KIY with a GF Score™ of 81/100 and a GF Value™ of €102.48 (Modestly Overvalued). 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.

Kirby's adjusted book value per share for the three months ended in Mar. 2026 was €55.232. 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 €53.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kirby's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Kirby was 14.50% per year. The lowest was 4.20% per year. And the median was 11.80% per year.

As of today (2026-07-21), Kirby's current stock price is €126.00. Kirby's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €53.82. Kirby's Cyclically Adjusted PB Ratio of today is 2.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kirby was 2.71. The lowest was 0.83. And the median was 1.82.


Kirby  (STU:KIY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=126.00/53.82
=2.34

* 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 Kirby was 2.71. The lowest was 0.83. And the median was 1.82.


Be Aware

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


Kirby Cyclically Adjusted Book per Share Related Terms


Kirby Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kirby'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.

Kirby Cyclically Adjusted Book per Share Chart

Kirby 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 43.56 50.23 51.29 56.10 51.87

Kirby 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 55.18 51.57 52.30 51.87 53.82

STU:KIY vs MATX, ZIM, SBLK: Cyclically Adjusted Book per Share Comparison

For the Marine Shipping subindustry, Kirby'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.


Kirby Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Kirby's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:KIY
81GF Score
Kirby Corp STU:KIY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kirby 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, Kirby'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)
=55.232/330.2130*330.2130
=55.232

Current CPI (Mar. 2026) = 330.2130.

Kirby Quarterly Data

Book Value per Share CPI Adj_Book
201606 38.728 241.018 53.060
201609 39.368 241.428 53.846
201612 42.411 241.432 58.007
201703 42.103 243.801 57.026
201706 40.769 244.955 54.959
201709 40.380 246.819 54.023
201712 44.039 246.524 58.989
201803 42.655 249.554 56.442
201806 45.526 251.989 59.658
201809 46.229 252.439 60.472
201812 47.180 251.233 62.012
201903 48.222 254.202 62.641
201906 49.038 256.143 63.219
201909 51.084 256.759 65.698
201912 50.564 256.974 64.975
202003 47.085 258.115 60.237
202006 45.095 257.797 57.762
202009 43.487 260.280 55.171
202012 42.228 260.474 53.534
202103 43.130 264.877 53.769
202106 42.831 271.696 52.056
202109 40.212 274.310 48.407
202112 42.495 278.802 50.331
202203 43.811 287.504 50.319
202206 46.155 296.311 51.436
202209 50.130 296.808 55.772
202212 47.949 296.797 53.348
202303 47.991 301.836 52.503
202306 48.173 305.109 52.137
202309 49.882 307.789 53.516
202312 49.822 306.746 53.634
202403 50.744 312.332 53.649
202406 52.240 314.175 54.907
202409 51.656 315.301 54.099
202412 55.905 315.605 58.493
202503 54.580 319.799 56.357
202506 52.406 322.561 53.649
202509 52.317 324.800 53.189
202512 53.690 324.054 54.710
202603 55.232 330.213 55.232

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 €53.82 mean?
Kirby (STU:KIY) has a Cyclically Adjusted Book per Share of €53.82 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 Kirby and its competitors.
Is Kirby's Cyclically Adjusted Book per Share too high?
Kirby's current Cyclically Adjusted Book per Share is €53.82. Overall, Kirby has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirby's Cyclically Adjusted Book per Share compare to MATX and ZIM?
Kirby's Cyclically Adjusted Book per Share of €53.82 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Kirby and its competitors. Kirby's current Cyclically Adjusted Book per Share is €53.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirby stock overvalued right now?
Based on GuruFocus' analysis, Kirby (STU:KIY) is currently considered Modestly Overvalued. The stock's GF Value™ is €102.48, compared to a current price of €126.00 — trading 23% above its estimated fair value. The current Cyclically Adjusted Book per Share is €53.82. Kirby's overall GF Score™ is 81/100 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 Kirby (STU:KIY), the current Cyclically Adjusted Book per Share is €53.82 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 Kirby (STU:KIY) Overvalued in 2026?

Based on GuruFocus' analysis, Kirby stock appears to be overvalued. The current stock price of €126.00 is trading 23% above its estimated GF Value™ of €102.48. GuruFocus considers Kirby to be Modestly Overvalued.

Key valuation signals for STU:KIY:

  • Cyclically Adjusted Book per Share: €53.82
  • GF Value™: €102.48 vs. price of €126.00 (23% above fair value)
  • GF Score™: 81/100 with 6 warning signs

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


Kirby Business Description

Other Exchanges KEX:USA
Address 55 Waugh Drive, Suite 1000, Houston, TX, USA, 77007
Kirby Corp is a domestic tank barge operator, transporting bulk liquid products throughout three United States coasts. The Company transports petrochemicals, liquid cargoes, inland waterway systems, and dry bulk cargoes. The Company conducts operations in two reportable business segments: The Marine transportation segment which provides marine transportation services, operating tank barges and towing vessels transporting bulk liquid products, and the Distribution and services segment, which provides after-market service, and genuine replacement parts for engines, transmissions, reduction gears, and power generation equipment used in oil and gas and commercial and industrial applications. The company's majority revenue is generated from the Marine Transportation segment.
81GF Score

Get the complete analysis for STU:KIY

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

€126.00
Price
€102.48
GF Value