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Kelsian GroupASX:KLS -1.38%92 Cyclically Adjusted PB Ratio is 1.55 as of Jul. 14, 2026, which is 5% below its 10-year median of 1.64. GuruFocus rates ASX:KLS with a GF Score™ of 92/100 and a GF Value™ of A$6.03 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 739 Transportation companies, Kelsian Group ranks worse than 60.76% on this metric.
The historical rank and industry rank for Kelsian Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
ASX:KLS'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.64 Max: 3.39
Current: 1.56
During the past 12 years, Kelsian Group's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 1.02. And the median was 1.64.
ASX:KLS's Cyclically Adjusted PB Ratio is ranked worse than 60.76% of 739
companies
in the Transportation industry
Industry Median: 1.25
vs ASX:KLS: 1.56
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.
Kelsian Group's adjusted book value per share data of for the fiscal year that ended in Jun25 was A$3.528. 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 A$2.77 for the trailing ten years ended in Jun25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kelsian Group (ASX:KLS) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
Kelsian Group Cyclically Adjusted PB Ratio Related Terms
Kelsian Group Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Kelsian Group's Cyclically Adjusted PB Ratio 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.
ASX:KLS vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison
For the Railroads subindustry, Kelsian Group'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.
Kelsian Group Cyclically Adjusted PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Kelsian Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Kelsian Group's Cyclically Adjusted PB Ratio falls into.
Kelsian Group Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
Kelsian Group's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 1.55 mean?
Kelsian Group (ASX:KLS) has a Cyclically Adjusted PB Ratio of 1.55 as of Jul. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Kelsian Group and its competitors. This is near median its historical median of 1.64. Over the past decade, Kelsian Group's Cyclically Adjusted PB Ratio has ranged from 1.02 to 3.39. According to the industry distribution chart, Kelsian Group ranks #449 out of 739 companies in the Transportation industry, placing it in the top 60.8%.
Is Kelsian Group's Cyclically Adjusted PB Ratio too high?
Kelsian Group's current Cyclically Adjusted PB Ratio of 1.55 is near median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.39. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. Kelsian Group's value of 1.55 is 24% above this industry median. Based on the distribution chart, Kelsian Group ranks #449 out of 739 companies in the Transportation industry, which is below the industry midpoint. Overall, Kelsian Group has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kelsian Group's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Kelsian Group ranks #449 out of 739 companies for Cyclically Adjusted PB Ratio. This places Kelsian Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Kelsian Group's value of 1.55 is 24% above this benchmark. Historically, Kelsian Group's own Cyclically Adjusted PB Ratio has ranged from 1.02 to 3.39 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 1.25, Kelsian Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.25, based on 739 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kelsian Group's current Cyclically Adjusted PB Ratio of 1.55 is 24% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Kelsian Group and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelsian Group's current Cyclically Adjusted PB Ratio is 1.55, which is near median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelsian Group stock overvalued right now?
Based on GuruFocus' analysis, Kelsian Group (ASX:KLS) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.03, compared to a current price of A$4.28 — trading 29% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.55, which is near median its 10-year median of 1.64 and 24% above the Transportation industry median of 1.25. Kelsian Group's overall GF Score™ is 92/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Kelsian Group (ASX:KLS), the current Cyclically Adjusted PB Ratio is 1.55 as of Jul. 14, 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 Kelsian Group (ASX:KLS) Overvalued in 2026?
Based on GuruFocus' analysis, Kelsian Group stock appears to be undervalued.
The current stock price of A$4.28 is trading 29% below its estimated GF Value™ of A$6.03.
GuruFocus considers Kelsian Group to be Modestly Undervalued.
Key valuation signals for ASX:KLS:
Cyclically Adjusted PB Ratio: 1.55 (near median its 10-year median of 1.64)
GF Value™: A$6.03 vs. price of A$4.28 (29% below fair value)
Industry Position: 24% above the Transportation median (#449 of 739)
No single metric tells the full story. See the ASX:KLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kelsian operates public transport bus services throughout Australia, Singapore, and the UK on behalf of state governments. In the private sector, the group provides commuter transport services to resource companies, corporates, and education providers in Australia and the United States. Kelsian also provides marine transportation and a variety of tourism-related services throughout Australia, including ferry services, leisure cruises, accommodation, bus tours, and packaged holidays. In February 2026, Kelsian announced it had entered into an agreement to divest the leisure-centric tourism assets.
92GF Score
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