Kepler Weber (BSP:KEPL3) Cyclically Adjusted PB Ratio: 1.47 (As of Jul. 24, 2026) — 32% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BSP:KEPL3 Kepler Weber SA BSP:KEPL3
70 GF Score
Price R$6.35
GF Value R$9.37
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Kepler Weber Cyclically Adjusted PB Ratio?

Kepler Weber BSP:KEPL3 -2.01% 70 Cyclically Adjusted PB Ratio is 1.47 as of Jul. 24, 2026, which is 32% below its 10-year median of 2.16. GuruFocus rates BSP:KEPL3 with a GF Score™ of 70/100 and a GF Value™ of R$9.37 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, Kepler Weber ranks better than 52.41% on this metric.

As of today (2026-07-24), Kepler Weber's current share price is R$6.35. Kepler Weber's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$4.32. Kepler Weber's Cyclically Adjusted PB Ratio for today is 1.47.

The historical rank and industry rank for Kepler Weber's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:KEPL3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 2.16   Max: 3.39
Current: 1.47

During the past years, Kepler Weber's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 0.74. And the median was 2.16.

BSP:KEPL3's Cyclically Adjusted PB Ratio is ranked better than
52.41% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.64 vs BSP:KEPL3: 1.47

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.

Kepler Weber's adjusted book value per share data for the three months ended in Mar. 2026 was R$4.568. 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 R$4.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kepler Weber  (BSP:KEPL3) 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.


Kepler Weber Cyclically Adjusted PB Ratio Related Terms


Kepler Weber Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kepler Weber'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.

Kepler Weber Cyclically Adjusted PB Ratio Chart

Kepler Weber Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.61 2.71 2.24 2.32

Kepler Weber Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 1.82 1.92 1.73 2.32 1.90

BSP:KEPL3 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Kepler Weber'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.


Kepler Weber Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kepler Weber's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:KEPL3
70GF Score
Kepler Weber SA BSP:KEPL3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kepler Weber 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.

Kepler Weber's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.35/4.32
=1.47

* 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.

Kepler Weber's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kepler Weber'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)
=4.568/175.0655*175.0655
=4.568

Current CPI (Mar. 2026) = 175.0655.

Kepler Weber Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.023 108.851 4.862
201609 3.039 109.986 4.837
201612 2.970 110.802 4.693
201703 2.935 111.869 4.593
201706 2.903 112.115 4.533
201709 2.880 112.777 4.471
201712 2.758 114.068 4.233
201803 2.687 114.868 4.095
201806 2.602 117.038 3.892
201809 2.628 117.881 3.903
201812 2.794 118.340 4.133
201903 2.819 120.124 4.108
201906 2.797 120.977 4.048
201909 2.892 121.292 4.174
201912 2.961 123.436 4.199
202003 3.016 124.092 4.255
202006 3.112 123.557 4.409
202009 3.255 125.095 4.555
202012 3.279 129.012 4.449
202103 3.389 131.660 4.506
202106 3.568 133.871 4.666
202109 3.773 137.913 4.789
202112 2.535 141.992 3.125
202203 2.745 146.537 3.279
202206 3.092 149.784 3.614
202209 3.534 147.800 4.186
202212 3.343 150.207 3.896
202303 3.642 153.352 4.158
202306 3.783 154.519 4.286
202309 3.856 155.464 4.342
202312 4.108 157.148 4.576
202403 4.411 159.372 4.845
202406 4.176 161.052 4.539
202409 4.329 162.342 4.668
202412 4.273 164.740 4.541
202503 4.122 168.102 4.293
202506 4.205 169.670 4.339
202509 4.361 170.739 4.472
202512 4.467 171.765 4.553
202603 4.568 175.066 4.568

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 1.47 mean?
Kepler Weber (BSP:KEPL3) has a Cyclically Adjusted PB Ratio of 1.47 as of Jul. 24, 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 Kepler Weber and its competitors. This is 32% below median its historical median of 2.16. Over the past decade, Kepler Weber's Cyclically Adjusted PB Ratio has ranged from 0.74 to 3.39. According to the industry distribution chart, Kepler Weber ranks #79 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 47.6%.
Is Kepler Weber's Cyclically Adjusted PB Ratio too high?
Kepler Weber's current Cyclically Adjusted PB Ratio of 1.47 is 32% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 3.39. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.64. Kepler Weber's value of 1.47 is 10.4% below this industry median. Based on the distribution chart, Kepler Weber ranks #79 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Kepler Weber has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kepler Weber's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Kepler Weber ranks #79 out of 166 companies for Cyclically Adjusted PB Ratio. This puts Kepler Weber in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. Kepler Weber's value of 1.47 is 10.4% below this benchmark. Historically, Kepler Weber's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 3.39 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 1.64, Kepler Weber has consistently been below 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.64, based on 166 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. Kepler Weber's current Cyclically Adjusted PB Ratio of 1.47 is 10.4% below 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 Kepler Weber and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kepler Weber's current Cyclically Adjusted PB Ratio is 1.47, which is 32% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kepler Weber stock overvalued right now?
Based on GuruFocus' analysis, Kepler Weber (BSP:KEPL3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$9.37, compared to a current price of R$6.35 — trading 32.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.47, which is 32% below median its 10-year median of 2.16 and 10.4% below the Farm & Heavy Construction Machinery industry median of 1.64. Kepler Weber's overall GF Score™ is 70/100 with 5 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 Kepler Weber (BSP:KEPL3), the current Cyclically Adjusted PB Ratio is 1.47 as of Jul. 24, 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 Kepler Weber (BSP:KEPL3) Overvalued in 2026?

Based on GuruFocus' analysis, Kepler Weber stock appears to be undervalued. The current stock price of R$6.35 is trading 32.2% below its estimated GF Value™ of R$9.37. GuruFocus considers Kepler Weber to be Significantly Undervalued.

Key valuation signals for BSP:KEPL3:

  • Cyclically Adjusted PB Ratio: 1.47 (32% below median its 10-year median of 2.16)
  • GF Value™: R$9.37 vs. price of R$6.35 (32.2% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 10.4% below the Farm & Heavy Construction Machinery median (#79 of 166)

No single metric tells the full story. See the BSP:KEPL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kepler Weber Business Description

Address Rua Dom Pedro Ii, 1351, conj.401, Porto Alegre, RS, BRA, 90550143
Kepler Weber SA manufactures equipment for the storage, processing and bulk handling as well as develops storage solutions. It offers steel silos, grain dryers, grain cleaning and pre-cleaning machines, grain conveyors, horizontal and vertical conveyors, and farm lines, as well as special storage systems, such as port terminals and malt storage systems.
70GF Score

Get the complete analysis for BSP:KEPL3

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

R$6.35
Price
R$9.37
GF Value