KSG Agro (WAR:KSG) Cyclically Adjusted Book per Share: zł-1.35 (As of Sep. 2025)

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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.

WAR:KSG KSG Agro SA WAR:KSG
58 GF Score
Price zł3.37
GF Value zł2.07
Valuation Significantly Overvalued
! 6 Warning Signs
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What is KSG Agro Cyclically Adjusted Book per Share?

KSG Agro WAR:KSG +3.06% 58 Cyclically Adjusted Book per Share is zł-1.35 as of Sep. 2025. GuruFocus rates WAR:KSG with a GF Score™ of 58/100 and a GF Value™ of zł2.07 (Significantly 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.

KSG Agro's adjusted book value per share for the three months ended in Sep. 2025 was zł2.197. 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 zł-1.35 for the trailing ten years ended in Sep. 2025.

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.

As of today (2026-08-02), KSG Agro's current stock price is zł3.365. KSG Agro's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was zł-1.35. KSG Agro's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KSG Agro was 5.73. The lowest was 0.21. And the median was 1.00.


KSG Agro  (WAR:KSG) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KSG Agro was 5.73. The lowest was 0.21. And the median was 1.00.


Be Aware

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


KSG Agro Cyclically Adjusted Book per Share Related Terms


KSG Agro Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for KSG Agro'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.

KSG Agro Cyclically Adjusted Book per Share Chart

KSG Agro Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 3.04 1.09 -1.50 -1.82

KSG Agro Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.00 -1.82 -1.70 -1.50 -1.35

WAR:KSG vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, KSG Agro'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.


KSG Agro Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KSG Agro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:KSG
58GF Score
KSG Agro SA WAR:KSG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KSG Agro 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, KSG Agro's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book= Book Value per Share /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=2.197/126.5700*126.5700
=2.197

Current CPI (Sep. 2025) = 126.5700.

KSG Agro Quarterly Data

Book Value per Share CPI Adj_Book
201512 -3.192 99.910 -4.044
201603 -3.847 100.030 -4.868
201606 -2.671 100.660 -3.359
201609 -2.539 100.750 -3.190
201612 -2.778 101.040 -3.480
201703 -2.755 101.780 -3.426
201706 -2.086 102.170 -2.584
201709 -1.248 102.520 -1.541
201712 -3.159 102.410 -3.904
201803 -2.829 102.900 -3.480
201806 -2.964 103.650 -3.619
201809 -2.643 104.580 -3.199
201812 -3.374 104.320 -4.094
201903 -2.355 105.140 -2.835
201906 -1.557 105.550 -1.867
201909 -0.779 105.900 -0.931
201912 -1.549 106.080 -1.848
202003 -1.352 106.040 -1.614
202006 -0.936 106.340 -1.114
202009 0.339 106.620 0.402
202012 -5.099 106.670 -6.050
202103 -1.441 108.140 -1.687
202106 0.005 108.680 0.006
202109 1.353 109.470 1.564
202112 -1.266 111.090 -1.442
202203 5.812 114.780 6.409
202206 5.568 116.750 6.036
202209 3.136 117.000 3.393
202212 -3.102 117.060 -3.354
202303 -2.829 118.910 -3.011
202306 -2.950 120.460 -3.100
202309 -2.877 121.740 -2.991
202312 -0.208 121.170 -0.217
202403 0.076 122.590 0.078
202406 0.370 123.120 0.380
202409 0.000 123.300 0.000
202412 1.205 122.430 1.246
202503 1.828 124.210 1.863
202506 1.340 125.820 1.348
202509 2.197 126.570 2.197

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 zł-1.35 mean?
KSG Agro (WAR:KSG) has a Cyclically Adjusted Book per Share of zł-1.35 as of Sep. 2025. 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 KSG Agro and its competitors.
Is KSG Agro's Cyclically Adjusted Book per Share too high?
KSG Agro's current Cyclically Adjusted Book per Share is zł-1.35. Overall, KSG Agro has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KSG Agro's Cyclically Adjusted Book per Share compare to ADM and BG?
KSG Agro's Cyclically Adjusted Book per Share of zł-1.35 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 KSG Agro and its competitors. KSG Agro's current Cyclically Adjusted Book per Share is zł-1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSG Agro stock overvalued right now?
Based on GuruFocus' analysis, KSG Agro (WAR:KSG) is currently considered Significantly Overvalued. The stock's GF Value™ is zł2.07, compared to a current price of zł3.37 — trading 62.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł-1.35. KSG Agro's overall GF Score™ is 58/100 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 KSG Agro (WAR:KSG), the current Cyclically Adjusted Book per Share is zł-1.35 as of Sep. 2025. 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 KSG Agro (WAR:KSG) Overvalued in 2026?

Based on GuruFocus' analysis, KSG Agro stock appears to be overvalued. The current stock price of zł3.37 is trading 62.6% above its estimated GF Value™ of zł2.07. GuruFocus considers KSG Agro to be Significantly Overvalued.

Key valuation signals for WAR:KSG:

  • Cyclically Adjusted Book per Share: zł-1.35
  • GF Value™: zł2.07 vs. price of zł3.37 (62.6% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


KSG Agro Business Description

Address 24, rue Astrid, Luxembourg, LUX, L-1143
KSG Agro SA operates in the agricultural sector with activities in Ukraine and Poland. The company operates through three main segments: Crop Farming, Pig Breeding, and Other Services. The Crop Farming segment produces various crops, including sunflower, corn, wheat, barley, and rapeseed, along with providing land cultivation services. The Pig Breeding segment focuses on breeding Danish purebred sows and the sale of pigs and piglets. The Other segment encompasses the production of fuel pellets and thermal energy, wholesale trade of crops and other goods, and offers services such as pork processing. Maximum revenue is from the Crop Farming segment. KSG Agro aims to supply agricultural products through its integrated operations and maintains a presence in multiple countries across Europe.
58GF Score

Get the complete analysis for WAR:KSG

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

zł3.37
Price
zł2.07
GF Value