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Kina SecuritiesASX:KSL +0.40%82 Cyclically Adjusted PB Ratio is 1.74 as of Jul. 23, 2026, which is at its 10-year median of 1.74. GuruFocus rates ASX:KSL with a GF Score™ of 82/100 and a GF Value™ of A$1.17 (Fairly Valued). Among 95 Diversified Financial Services companies, Kina Securities ranks worse than 56.84% on this metric.
The historical rank and industry rank for Kina Securities's Cyclically Adjusted PB Ratio or its related term are showing as below:
ASX:KSL'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.54 Med: 1.74 Max: 2
Current: 1.71
During the past 11 years, Kina Securities's highest Cyclically Adjusted PB Ratio was 2.00. The lowest was 1.54. And the median was 1.74.
ASX:KSL's Cyclically Adjusted PB Ratio is ranked worse than 56.84% of 95
companies
in the Diversified Financial Services industry
Industry Median: 1.49
vs ASX:KSL: 1.71
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.
Kina Securities's adjusted book value per share data of for the fiscal year that ended in Dec25 was A$0.779. 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$0.72 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kina Securities (ASX:KSL) 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.
Kina Securities Cyclically Adjusted PB Ratio Related Terms
Kina Securities Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Kina Securities'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.
Kina Securities Cyclically Adjusted PB Ratio Chart
ASX:KSL vs VOYA, FRHC: Cyclically Adjusted PB Ratio Comparison
For the Financial Conglomerates subindustry, Kina Securities'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.
Kina Securities Cyclically Adjusted PB Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Kina Securities's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Kina Securities's Cyclically Adjusted PB Ratio falls into.
Kina Securities 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.
Kina Securities'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 1.74 mean?
Kina Securities (ASX:KSL) has a Cyclically Adjusted PB Ratio of 1.74 as of Jul. 23, 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 Kina Securities and its competitors. This is near median its historical median of 1.74. Over the past decade, Kina Securities' Cyclically Adjusted PB Ratio has ranged from 1.54 to 2.00. According to the industry distribution chart, Kina Securities ranks #54 out of 95 companies in the Diversified Financial Services industry, placing it in the top 56.8%.
Is Kina Securities' Cyclically Adjusted PB Ratio too high?
Kina Securities' current Cyclically Adjusted PB Ratio of 1.74 is near median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 2.00. The Diversified Financial Services industry median Cyclically Adjusted PB Ratio is 1.49. Kina Securities' value of 1.74 is 16.8% above this industry median. Based on the distribution chart, Kina Securities ranks #54 out of 95 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Kina Securities has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kina Securities' Cyclically Adjusted PB Ratio compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Kina Securities ranks #54 out of 95 companies for Cyclically Adjusted PB Ratio. This places Kina Securities in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.49. Kina Securities' value of 1.74 is 16.8% above this benchmark. Historically, Kina Securities' own Cyclically Adjusted PB Ratio has ranged from 1.54 to 2.00 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.49, Kina Securities 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 Diversified Financial Services company?
The median Cyclically Adjusted PB Ratio among Diversified Financial Services companies is 1.49, based on 95 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. Kina Securities's current Cyclically Adjusted PB Ratio of 1.74 is 16.8% 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 Kina Securities and its competitors. For the Diversified Financial Services industry, the median Cyclically Adjusted PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kina Securities's current Cyclically Adjusted PB Ratio is 1.74, which is near median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kina Securities stock overvalued right now?
Based on GuruFocus' analysis, Kina Securities (ASX:KSL) is currently considered Fairly Valued. The stock's GF Value™ is A$1.17, compared to a current price of A$1.25 — trading 6.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is near median its 10-year median of 1.74 and 16.8% above the Diversified Financial Services industry median of 1.49. Kina Securities' overall GF Score™ is 82/100. 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 Kina Securities (ASX:KSL), the current Cyclically Adjusted PB Ratio is 1.74 as of Jul. 23, 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 Kina Securities (ASX:KSL) Overvalued in 2026?
Based on GuruFocus' analysis, Kina Securities stock appears to be overvalued.
The current stock price of A$1.25 is trading 6.8% above its estimated GF Value™ of A$1.17.
GuruFocus considers Kina Securities to be Fairly Valued.
Key valuation signals for ASX:KSL:
Cyclically Adjusted PB Ratio: 1.74 (near median its 10-year median of 1.74)
GF Value™: A$1.17 vs. price of A$1.25 (6.8% above fair value)
Industry Position: 16.8% above the Diversified Financial Services median (#54 of 95)
No single metric tells the full story. See the ASX:KSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kina Securities Ltd provides diversified financial products and services. The company offers banking services, personal and commercial loans, money market operations, provision of share brokerage, fund administration, investment management services asset financing, and corporate advice. The Group's reportable segments include Banking & Finance and Wealth Management. The Banking & Finance segment includes the operations of the Bank while the Wealth Management segment includes fund management and fund administration business. It derives the majority of its revenues from the banking segment.
82GF Score
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