National Atomic Co Kazatomprom JSC (CHIX:KAPL) Cyclically Adjusted PB Ratio: 6.23 (As of Jul. 18, 2026) — 31% Above Median

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CHIX:KAPL National Atomic Co Kazatomprom JSC CHIX:KAPL
96 GF Score
Price $67.50
GF Value $56.62
Valuation Modestly Overvalued
! 4 Warning Signs
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What is National Atomic Co Kazatomprom JSC Cyclically Adjusted PB Ratio?

National Atomic Co Kazatomprom JSC CHIX:KAPL +0.15% 96 Cyclically Adjusted PB Ratio is 6.23 as of Jul. 18, 2026, which is 31% above its 10-year median of 4.74. GuruFocus rates CHIX:KAPL with a GF Score™ of 96/100 and a GF Value™ of $56.62 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 137 Other Energy Sources companies, National Atomic Co Kazatomprom JSC ranks worse than 91.24% on this metric.

As of today (2026-07-18), National Atomic Co Kazatomprom JSC's current share price is $67.50. National Atomic Co Kazatomprom JSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $10.83. National Atomic Co Kazatomprom JSC's Cyclically Adjusted PB Ratio for today is 6.23.

The historical rank and industry rank for National Atomic Co Kazatomprom JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:KAPl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.79   Med: 4.74   Max: 7.67
Current: 6.11

During the past 11 years, National Atomic Co Kazatomprom JSC's highest Cyclically Adjusted PB Ratio was 7.67. The lowest was 3.79. And the median was 4.74.

CHIX:KAPl's Cyclically Adjusted PB Ratio is ranked worse than
91.24% of 137 companies
in the Other Energy Sources industry
Industry Median: 1.1 vs CHIX:KAPl: 6.11

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.

National Atomic Co Kazatomprom JSC's adjusted book value per share data of for the fiscal year that ended in Dec25 was $17.966. 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 $10.83 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Atomic Co Kazatomprom JSC  (CHIX:KAPl) 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.


National Atomic Co Kazatomprom JSC Cyclically Adjusted PB Ratio Related Terms


National Atomic Co Kazatomprom JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for National Atomic Co Kazatomprom JSC'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.

National Atomic Co Kazatomprom JSC Cyclically Adjusted PB Ratio Chart

National Atomic Co Kazatomprom JSC 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 0.00 0.00 0.00 4.31 5.13

National Atomic Co Kazatomprom JSC 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 0.00 0.00 0.00 5.13 0.00

CHIX:KAPL vs UEC, LEU, NUCL: Cyclically Adjusted PB Ratio Comparison

For the Uranium subindustry, National Atomic Co Kazatomprom JSC'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.


National Atomic Co Kazatomprom JSC Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, National Atomic Co Kazatomprom JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where National Atomic Co Kazatomprom JSC's Cyclically Adjusted PB Ratio falls into.


CHIX:KAPL
96GF Score
National Atomic Co Kazatomprom JSC CHIX:KAPL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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National Atomic Co Kazatomprom JSC 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.

National Atomic Co Kazatomprom JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.50/10.83
=6.23

* 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.

National Atomic Co Kazatomprom JSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, National Atomic Co Kazatomprom JSC's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=17.966/324.0540*324.0540
=17.966

Current CPI (Dec25) = 324.0540.

National Atomic Co Kazatomprom JSC Annual Data

Book Value per Share CPI Adj_Book
201612 6.451 241.432 8.659
201712 7.325 246.524 9.629
201812 9.056 251.233 11.681
201912 9.932 256.974 12.525
202012 9.719 260.474 12.091
202112 10.520 278.802 12.227
202212 10.800 296.797 11.792
202312 12.777 306.746 13.498
202412 15.610 315.605 16.028
202512 17.966 324.054 17.966

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 6.23 mean?
National Atomic Co Kazatomprom JSC (CHIX:KAPL) has a Cyclically Adjusted PB Ratio of 6.23 as of Jul. 18, 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 National Atomic Co Kazatomprom JSC and its competitors. This is 31% above median its historical median of 4.74. Over the past decade, National Atomic Co Kazatomprom JSC's Cyclically Adjusted PB Ratio has ranged from 3.79 to 7.67. According to the industry distribution chart, National Atomic Co Kazatomprom JSC ranks #125 out of 137 companies in the Other Energy Sources industry, placing it in the top 91.2%.
Is National Atomic Co Kazatomprom JSC's Cyclically Adjusted PB Ratio too high?
National Atomic Co Kazatomprom JSC's current Cyclically Adjusted PB Ratio of 6.23 is 31% above median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 3.79 to a high of 7.67. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.10. National Atomic Co Kazatomprom JSC's value of 6.23 is 466.4% above this industry median. Based on the distribution chart, National Atomic Co Kazatomprom JSC ranks #125 out of 137 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, National Atomic Co Kazatomprom JSC has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Atomic Co Kazatomprom JSC's Cyclically Adjusted PB Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, National Atomic Co Kazatomprom JSC ranks #125 out of 137 companies for Cyclically Adjusted PB Ratio. This places National Atomic Co Kazatomprom JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. National Atomic Co Kazatomprom JSC's value of 6.23 is 466.4% above this benchmark. Historically, National Atomic Co Kazatomprom JSC's own Cyclically Adjusted PB Ratio has ranged from 3.79 to 7.67 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 1.10, National Atomic Co Kazatomprom JSC 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 an Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.10, based on 137 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. National Atomic Co Kazatomprom JSC's current Cyclically Adjusted PB Ratio of 6.23 is 466.4% 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 National Atomic Co Kazatomprom JSC and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Atomic Co Kazatomprom JSC's current Cyclically Adjusted PB Ratio is 6.23, which is 31% above median its own 10-year median of 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Atomic Co Kazatomprom JSC stock overvalued right now?
Based on GuruFocus' analysis, National Atomic Co Kazatomprom JSC (CHIX:KAPL) is currently considered Modestly Overvalued. The stock's GF Value™ is $56.62, compared to a current price of $67.50 — trading 19.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.23, which is 31% above median its 10-year median of 4.74 and 466.4% above the Other Energy Sources industry median of 1.10. National Atomic Co Kazatomprom JSC's overall GF Score™ is 96/100 with 4 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 National Atomic Co Kazatomprom JSC (CHIX:KAPL), the current Cyclically Adjusted PB Ratio is 6.23 as of Jul. 18, 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 National Atomic Co Kazatomprom JSC (CHIX:KAPL) Overvalued in 2026?

Based on GuruFocus' analysis, National Atomic Co Kazatomprom JSC stock appears to be overvalued. The current stock price of $67.50 is trading 19.2% above its estimated GF Value™ of $56.62. GuruFocus considers National Atomic Co Kazatomprom JSC to be Modestly Overvalued.

Key valuation signals for CHIX:KAPL:

  • Cyclically Adjusted PB Ratio: 6.23 (31% above median its 10-year median of 4.74)
  • GF Value™: $56.62 vs. price of $67.50 (19.2% above fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 466.4% above the Other Energy Sources median (#125 of 137)

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


National Atomic Co Kazatomprom JSC Business Description

Address Syganak Street, Building 17/12, Astana, KAZ, Z05T1X3
National Atomic Co Kazatomprom JSC is a producer of uranium. All of the company's mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry- growing health, safety and environment standards. The company's segment includes Uranium; UMP and Other. It generates maximum revenue from the Uranium segment.
96GF Score

Get the complete analysis for CHIX:KAPL

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

$67.50
Price
$56.62
GF Value