Kraken Robotics (FRA:2KQ) Cyclically Adjusted PB Ratio: 32.09 (As of Aug. 02, 2026) — 172% Above Median

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FRA:2KQ Kraken Robotics Inc FRA:2KQ
76 GF Score
Price €3.53
GF Value €2.11
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kraken Robotics Cyclically Adjusted PB Ratio?

Kraken Robotics FRA:2KQ -0.84% 76 Cyclically Adjusted PB Ratio is 32.09 as of Aug. 02, 2026, which is 172% above its 10-year median of 11.80. GuruFocus rates FRA:2KQ with a GF Score™ of 76/100 and a GF Value™ of €2.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,974 Hardware companies, Kraken Robotics ranks worse than 98.73% on this metric.

As of today (2026-08-02), Kraken Robotics's current share price is €3.53. Kraken Robotics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.11. Kraken Robotics's Cyclically Adjusted PB Ratio for today is 32.09.

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

FRA:2KQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.75   Med: 11.8   Max: 63.2
Current: 33.11

During the past years, Kraken Robotics's highest Cyclically Adjusted PB Ratio was 63.20. The lowest was 4.75. And the median was 11.80.

FRA:2KQ's Cyclically Adjusted PB Ratio is ranked worse than
98.73% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs FRA:2KQ: 33.11

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.

Kraken Robotics's adjusted book value per share data for the three months ended in Mar. 2026 was €0.486. 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 €0.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kraken Robotics  (FRA:2KQ) 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.


Kraken Robotics Cyclically Adjusted PB Ratio Related Terms


Kraken Robotics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kraken Robotics'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.

Kraken Robotics Cyclically Adjusted PB Ratio Chart

Kraken Robotics 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 7.00 9.46 9.39 29.53 41.46

Kraken Robotics 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 23.12 26.41 33.57 41.46 45.60

FRA:2KQ vs COHR, KEYS, GRMN: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Kraken Robotics'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.


Kraken Robotics Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Kraken Robotics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:2KQ
76GF Score
Kraken Robotics Inc FRA:2KQ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kraken Robotics 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.

Kraken Robotics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.53/0.11
=32.09

* 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.

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

For example, Kraken Robotics'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)
=0.486/132.2623*132.2623
=0.486

Current CPI (Mar. 2026) = 132.2623.

Kraken Robotics Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.005 102.002 0.006
201609 0.014 101.765 0.018
201612 0.007 101.449 0.009
201703 0.001 102.634 0.001
201706 0.008 103.029 0.010
201709 0.008 103.345 0.010
201712 0.004 103.345 0.005
201803 -0.005 105.004 -0.006
201806 0.012 105.557 0.015
201809 0.011 105.636 0.014
201812 0.038 105.399 0.048
201903 0.048 106.979 0.059
201906 0.040 107.690 0.049
201909 0.046 107.611 0.057
201912 0.045 107.769 0.055
202003 0.048 107.927 0.059
202006 0.050 108.401 0.061
202009 0.040 108.164 0.049
202012 0.061 108.559 0.074
202103 0.062 110.298 0.074
202106 0.060 111.720 0.071
202109 0.089 112.905 0.104
202112 0.095 113.774 0.110
202203 0.089 117.646 0.100
202206 0.096 120.806 0.105
202209 0.094 120.648 0.103
202212 0.082 120.964 0.090
202303 0.082 122.702 0.088
202306 0.090 124.203 0.096
202309 0.099 125.230 0.105
202312 0.106 125.072 0.112
202403 0.114 126.258 0.119
202406 0.166 127.522 0.172
202409 0.170 127.285 0.177
202412 0.311 127.364 0.323
202503 0.299 129.181 0.306
202506 0.287 129.892 0.292
202509 0.474 130.287 0.481
202512 0.483 130.366 0.490
202603 0.486 132.262 0.486

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 32.09 mean?
Kraken Robotics (FRA:2KQ) has a Cyclically Adjusted PB Ratio of 32.09 as of Aug. 02, 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 Kraken Robotics and its competitors. This is 172% above median its historical median of 11.80. Over the past decade, Kraken Robotics' Cyclically Adjusted PB Ratio has ranged from 4.75 to 63.20. According to the industry distribution chart, Kraken Robotics ranks #1949 out of 1974 companies in the Hardware industry, placing it in the top 98.7%.
Is Kraken Robotics' Cyclically Adjusted PB Ratio too high?
Kraken Robotics' current Cyclically Adjusted PB Ratio of 32.09 is 172% above median its 10-year median of 11.80. Over the past 10 years, this metric has ranged from a low of 4.75 to a high of 63.20. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. Kraken Robotics' value of 32.09 is 1512.6% above this industry median. Based on the distribution chart, Kraken Robotics ranks #1949 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Kraken Robotics has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kraken Robotics' Cyclically Adjusted PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Kraken Robotics ranks #1949 out of 1974 companies for Cyclically Adjusted PB Ratio. This places Kraken Robotics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. Kraken Robotics' value of 32.09 is 1512.6% above this benchmark. Historically, Kraken Robotics' own Cyclically Adjusted PB Ratio has ranged from 4.75 to 63.20 over the past decade. While the company's 10-year median is 11.80 vs. the industry median of 1.99, Kraken Robotics 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 1.99, based on 1,974 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. Kraken Robotics's current Cyclically Adjusted PB Ratio of 32.09 is 1512.6% 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 Kraken Robotics and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kraken Robotics's current Cyclically Adjusted PB Ratio is 32.09, which is 172% above median its own 10-year median of 11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kraken Robotics stock overvalued right now?
Based on GuruFocus' analysis, Kraken Robotics (FRA:2KQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.11, compared to a current price of €3.53 — trading 67.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 32.09, which is 172% above median its 10-year median of 11.80 and 1512.6% above the Hardware industry median of 1.99. Kraken Robotics' overall GF Score™ is 76/100 with 7 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 Kraken Robotics (FRA:2KQ), the current Cyclically Adjusted PB Ratio is 32.09 as of Aug. 02, 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 Kraken Robotics (FRA:2KQ) Overvalued in 2026?

Based on GuruFocus' analysis, Kraken Robotics stock appears to be overvalued. The current stock price of €3.53 is trading 67.3% above its estimated GF Value™ of €2.11. GuruFocus considers Kraken Robotics to be Significantly Overvalued.

Key valuation signals for FRA:2KQ:

  • Cyclically Adjusted PB Ratio: 32.09 (172% above median its 10-year median of 11.80)
  • GF Value™: €2.11 vs. price of €3.53 (67.3% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 1512.6% above the Hardware median (#1949 of 1974)

No single metric tells the full story. See the FRA:2KQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kraken Robotics Business Description

Address 189 Glencoe Drive, Mount Pearl, NL, CAN, A1N 4P6
Kraken Robotics Inc is a Canadian company that supplies sonar and optical sensors, batteries, and underwater robotics equipment and services for military and commercial applications. The company operates in the business segments of Products segment, which is the design, manufacture, and sale of equipment, including underwater vehicle platforms, Synthetic Aperture Sonar, and subsea power equipment; and the Services segment, which is the provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platforms. The company generates the majority of its revenue from the Products segment. Geographically, Asia Pacific; Europe, Middle East and Africa, North America, and Other, where, Asia Pacific earns majority of its revenue.
76GF Score

Get the complete analysis for FRA:2KQ

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

€3.53
Price
€2.11
GF Value