Klabin (BSP:KLBN11) Cyclically Adjusted PB Ratio: (As of Aug. 26, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

BSP:KLBN11 Klabin SA BSP:KLBN11
61 GF Score
Price R$18.74
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What is Klabin Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Klabin  (BSP:KLBN11) 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.


Klabin Cyclically Adjusted PB Ratio Related Terms


Klabin Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Klabin'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.

Klabin Cyclically Adjusted PB Ratio Chart

Klabin 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 3.36 2.35 2.49 3.12 2.38

Klabin Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.36 2.24 2.38 2.41 2.08

BSP:KLBN11 vs SLVM: Cyclically Adjusted PB Ratio Comparison

For the Paper & Paper Products subindustry, Klabin'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.


Klabin Cyclically Adjusted PB Ratio vs Forest Products Industry

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

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


BSP:KLBN11
61GF Score
Klabin SA BSP:KLBN11
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Klabin 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.

Klabin's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Klabin's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.024/177.5443*177.5443
=9.024

Current CPI (Jun. 2026) = 177.5443.

Klabin Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.004 109.986 12.920
201612 7.763 110.802 12.439
201703 8.387 111.869 13.311
201706 7.783 112.115 12.325
201709 8.412 112.777 13.243
201712 7.808 114.068 12.153
201803 6.850 114.868 10.588
201806 5.796 117.038 8.792
201809 5.727 117.881 8.626
201812 5.986 118.340 8.981
201903 5.792 120.124 8.561
201906 5.665 120.977 8.314
201909 5.682 121.292 8.317
201912 5.752 123.436 8.273
202003 2.745 124.092 3.927
202006 2.652 123.557 3.811
202009 2.468 125.095 3.503
202012 3.625 129.012 4.989
202103 2.917 131.660 3.934
202106 5.075 133.871 6.731
202109 5.135 137.913 6.611
202112 5.460 141.992 6.827
202203 8.196 146.537 9.930
202206 7.585 149.784 8.991
202209 8.564 147.800 10.288
202212 9.094 150.207 10.749
202303 10.148 153.352 11.749
202306 11.210 154.519 12.880
202309 10.616 155.464 12.124
202312 11.021 157.148 12.451
202403 10.759 159.372 11.986
202406 8.955 161.052 9.872
202409 9.503 162.342 10.393
202412 6.328 164.740 6.820
202503 8.206 168.102 8.667
202506 9.696 169.670 10.146
202509 9.740 170.739 10.128
202512 7.502 171.765 7.754
202603 8.605 175.066 8.727
202606 9.024 177.544 9.024

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.


Klabin Business Description

Address Avenida Brigadeiro Faria Lima 3600, 3rd, 4th and 5th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Klabin SA operates in various segments of the pulp and paper industry, supplying domestic and foreign markets with wood, bleached pulp, packaging paper, paper sacks, and corrugated cardboard boxes. The firm organizes itself into four segments based on product type: Forestry, Paper, Packaging, and Pulp. The Forestry segment involves operations related to planting and growing pine and eucalyptus trees and selling timber to third parties. The Paper segment mainly involves the production of cardboard, Kraftliner, and recycled paper rolls, and their sale. The Packaging segment, which derives maximum revenue, involves the production and sale of corrugated cardboard boxes, cardboard, and industrial bags. The Pulp segment includes the production and sale of short, long, and fluff fiber pulp.
61GF Score

Get the complete analysis for BSP:KLBN11

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

R$18.74
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