Klon (WAR:KLN) Cyclically Adjusted Book per Share: zł1.01 (As of Mar. 2026)

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Founder & CEO of GuruFocus
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WAR:KLN Klon SA WAR:KLN
38 GF Score
Price zł1.34
GF Value zł0.91
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Klon Cyclically Adjusted Book per Share?

Klon WAR:KLN 38 Cyclically Adjusted Book per Share is zł1.01 as of Mar. 2026. GuruFocus rates WAR:KLN with a GF Score™ of 38/100 and a GF Value™ of zł0.91 (Significantly Overvalued). The stock has 8 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.

Klon's adjusted book value per share for the three months ended in Mar. 2026 was zł0.005. 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 zł1.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Klon's average Cyclically Adjusted Book Growth Rate was -9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.30% 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 Klon was 0.60% per year. The lowest was -5.30% per year. And the median was -2.35% per year.

As of today (2026-07-18), Klon's current stock price is zł1.34. Klon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł1.01. Klon's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Klon was 1.67. The lowest was 0.98. And the median was 1.34.


Klon  (WAR:KLN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.34/1.01
=1.33

* 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 Klon was 1.67. The lowest was 0.98. And the median was 1.34.


Be Aware

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


Klon Cyclically Adjusted Book per Share Related Terms


Klon Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Klon'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.

Klon Cyclically Adjusted Book per Share Chart

Klon 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 1.10 1.20 1.18 1.12 1.02

Klon 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 1.11 1.08 1.05 1.02 1.01

WAR:KLN vs SSD, UFPI, BCC: Cyclically Adjusted Book per Share Comparison

For the Lumber & Wood Production subindustry, Klon'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.


Klon Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Klon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:KLN
38GF Score
Klon SA WAR:KLN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Klon 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, Klon'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)
=0.005/163.0700*163.0700
=0.005

Current CPI (Mar. 2026) = 163.0700.

Klon Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.931 99.552 1.525
201609 0.945 99.064 1.556
201612 0.951 100.366 1.545
201703 0.963 101.018 1.555
201706 0.965 101.180 1.555
201709 0.970 101.343 1.561
201712 1.087 102.564 1.728
201803 1.120 102.564 1.781
201806 1.135 103.378 1.790
201809 1.140 103.378 1.798
201812 1.108 103.785 1.741
201903 1.000 104.274 1.564
201906 1.013 105.983 1.559
201909 1.015 105.983 1.562
201912 1.022 107.123 1.556
202003 1.194 109.076 1.785
202006 1.018 109.402 1.517
202009 1.033 109.320 1.541
202012 0.997 109.565 1.484
202103 1.044 112.658 1.511
202106 1.029 113.960 1.472
202109 1.035 115.588 1.460
202112 0.337 119.088 0.461
202203 0.340 125.031 0.443
202206 0.351 131.705 0.435
202209 0.358 135.531 0.431
202212 0.349 139.113 0.409
202303 0.365 145.950 0.408
202306 0.361 147.009 0.400
202309 0.359 146.113 0.401
202312 0.344 147.741 0.380
202403 0.360 149.044 0.394
202406 0.246 150.997 0.266
202409 0.187 153.439 0.199
202412 0.177 154.660 0.187
202503 0.165 157.021 0.171
202506 0.123 157.509 0.127
202509 0.055 158.000 0.057
202512 0.012 158.320 0.012
202603 0.005 163.070 0.005

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 zł1.01 mean?
Klon (WAR:KLN) has a Cyclically Adjusted Book per Share of zł1.01 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 Klon and its competitors.
Is Klon's Cyclically Adjusted Book per Share too high?
Klon's current Cyclically Adjusted Book per Share is zł1.01. Overall, Klon has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Klon's Cyclically Adjusted Book per Share compare to SSD and UFPI?
Klon's Cyclically Adjusted Book per Share of zł1.01 can be compared against companies in the Forest 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 a Forest Products company?
A good Cyclically Adjusted Book per Share depends on the Forest 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 Klon and its competitors. Klon's current Cyclically Adjusted Book per Share is zł1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Klon stock overvalued right now?
Based on GuruFocus' analysis, Klon (WAR:KLN) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.91, compared to a current price of zł1.34 — trading 47.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł1.01. Klon's overall GF Score™ is 38/100 with 8 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 Klon (WAR:KLN), the current Cyclically Adjusted Book per Share is zł1.01 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 Klon (WAR:KLN) Overvalued in 2026?

Based on GuruFocus' analysis, Klon stock appears to be overvalued. The current stock price of zł1.34 is trading 47.3% above its estimated GF Value™ of zł0.91. GuruFocus considers Klon to be Significantly Overvalued.

Key valuation signals for WAR:KLN:

  • Cyclically Adjusted Book per Share: zł1.01
  • GF Value™: zł0.91 vs. price of zł1.34 (47.3% above fair value)
  • GF Score™: 38/100 with 8 warning signs

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


Klon Business Description

Address Nowa Swieta 78, Zlotow, POL, 77-400
Klon SA is engaged in producing and supplying beech, oak, birch, and alder non-cut off and cut off timber products. The company also provides tri, multilayer, and micro-insert deciduous board products and upholstered furniture and carved elements. It sells products in Poland and the rest of the world.
38GF Score

Get the complete analysis for WAR:KLN

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

zł1.34
Price
zł0.91
GF Value