Kimball Electronics (FRA:3C3) Cyclically Adjusted PB Ratio: 1.24 (As of Jul. 27, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:3C3 Kimball Electronics Inc FRA:3C3
82 GF Score
Price €21.60
GF Value €16.50
! 4 Warning Signs
View Full Analysis

What is Kimball Electronics Cyclically Adjusted PB Ratio?

Kimball Electronics FRA:3C3 +2.86% 82 Cyclically Adjusted PB Ratio is 1.24 as of Jul. 27, 2026, which is 4% below its 10-year median of 1.29. GuruFocus rates FRA:3C3 with a GF Score™ of 82/100 and a GF Value™ of €16.50. The stock has 4 warning signs investors should review. Among 2,278 Industrial Products companies, Kimball Electronics ranks better than 69.18% on this metric.

As of today (2026-07-27), Kimball Electronics's current share price is €21.60. Kimball Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €17.38. Kimball Electronics's Cyclically Adjusted PB Ratio for today is 1.24.

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

FRA:3C3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.29   Max: 1.89
Current: 1.22

During the past years, Kimball Electronics's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.70. And the median was 1.29.

FRA:3C3's Cyclically Adjusted PB Ratio is ranked better than
69.18% of 2278 companies
in the Industrial Products industry
Industry Median: 2.11 vs FRA:3C3: 1.22

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.

Kimball Electronics's adjusted book value per share data for the three months ended in Mar. 2026 was €20.777. 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 €17.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimball Electronics  (FRA:3C3) 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.


Kimball Electronics Cyclically Adjusted PB Ratio Related Terms


Kimball Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kimball Electronics'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.

Kimball Electronics Cyclically Adjusted PB Ratio Chart

Kimball Electronics Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.68 1.23 1.00

Kimball Electronics 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 0.87 1.00 1.52 1.41 1.16

FRA:3C3 vs FAC, ENVX, ADSE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Kimball Electronics'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.


Kimball Electronics Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kimball Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:3C3
82GF Score
Kimball Electronics Inc FRA:3C3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kimball Electronics 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.

Kimball Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.60/17.38
=1.24

* 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.

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

For example, Kimball Electronics'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)
=20.777/330.2130*330.2130
=20.777

Current CPI (Mar. 2026) = 330.2130.

Kimball Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.230 241.018 14.016
201609 10.538 241.428 14.413
201612 11.301 241.432 15.457
201703 11.520 243.801 15.603
201706 11.350 244.955 15.300
201709 10.909 246.819 14.595
201712 10.796 246.524 14.461
201803 10.849 249.554 14.356
201806 11.470 251.989 15.031
201809 11.625 252.439 15.207
201812 12.052 251.233 15.841
201903 12.516 254.202 16.259
201906 12.877 256.143 16.601
201909 13.216 256.759 16.997
201912 13.461 256.974 17.297
202003 13.596 258.115 17.394
202006 13.482 257.797 17.269
202009 13.531 260.280 17.167
202012 13.823 260.474 17.524
202103 14.303 264.877 17.831
202106 14.699 271.696 17.865
202109 14.894 274.310 17.929
202112 15.692 278.802 18.586
202203 16.580 287.504 19.043
202206 17.439 296.311 19.434
202209 18.649 296.808 20.748
202212 18.371 296.797 20.439
202303 19.009 301.836 20.796
202306 19.562 305.109 21.172
202309 19.923 307.789 21.374
202312 20.172 306.746 21.715
202403 19.942 312.332 21.084
202406 20.300 314.175 21.336
202409 19.998 315.301 20.944
202412 20.907 315.605 21.875
202503 20.796 319.799 21.473
202506 20.401 322.561 20.885
202509 20.204 324.800 20.541
202512 20.430 324.054 20.818
202603 20.777 330.213 20.777

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 1.24 mean?
Kimball Electronics (FRA:3C3) has a Cyclically Adjusted PB Ratio of 1.24 as of Jul. 27, 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 Kimball Electronics and its competitors. This is near median its historical median of 1.29. Over the past decade, Kimball Electronics' Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.89. According to the industry distribution chart, Kimball Electronics ranks #702 out of 2278 companies in the Industrial Products industry, placing it in the top 30.8%.
Is Kimball Electronics' Cyclically Adjusted PB Ratio too high?
Kimball Electronics' current Cyclically Adjusted PB Ratio of 1.24 is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.89. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.11. Kimball Electronics' value of 1.24 is 41.2% below this industry median. Based on the distribution chart, Kimball Electronics ranks #702 out of 2278 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kimball Electronics has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Kimball Electronics' Cyclically Adjusted PB Ratio compare to FAC and ENVX?
According to the Industrial Products industry distribution chart, Kimball Electronics ranks #702 out of 2278 companies for Cyclically Adjusted PB Ratio. This puts Kimball Electronics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.11. Kimball Electronics' value of 1.24 is 41.2% below this benchmark. Historically, Kimball Electronics' own Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.89 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 2.11, Kimball Electronics 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.11, based on 2,278 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. Kimball Electronics's current Cyclically Adjusted PB Ratio of 1.24 is 41.2% 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 Kimball Electronics and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kimball Electronics's current Cyclically Adjusted PB Ratio is 1.24, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kimball Electronics stock overvalued right now?
Kimball Electronics (FRA:3C3) has a current Cyclically Adjusted PB Ratio of 1.24. The stock's GF Value™ is €16.50, compared to a current price of €21.60 — trading 30.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.24, which is near median its 10-year median of 1.29 and 41.2% below the Industrial Products industry median of 2.11. Kimball Electronics' overall GF Score™ is 82/100 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 Kimball Electronics (FRA:3C3), the current Cyclically Adjusted PB Ratio is 1.24 as of Jul. 27, 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 Kimball Electronics (FRA:3C3) Overvalued in 2026?

Based on GuruFocus' analysis, Kimball Electronics stock appears to be overvalued. The current stock price of €21.60 is trading 30.9% above its estimated GF Value™ of €16.50.

Key valuation signals for FRA:3C3:

  • Cyclically Adjusted PB Ratio: 1.24 (near median its 10-year median of 1.29)
  • GF Value™: €16.50 vs. price of €21.60 (30.9% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 41.2% below the Industrial Products median (#702 of 2278)

No single metric tells the full story. See the FRA:3C3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kimball Electronics Business Description

Other Exchanges KE:USA3C3:Germany
Address 1205 Kimball Boulevard, Jasper, IN, USA, 47546
Kimball Electronics Inc is a contract electronic manufacturing services company. The company is engaged in producing durable electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services utilize common production and support capabilities. It is also engaged in producing safety-critical electronic assemblies for its automotive customers. Geographically, it has business units located in the United States, China, Mexico, Poland, Romania, and Thailand. The company derives maximum revenue from Mexico.
82GF Score

Get the complete analysis for FRA:3C3

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

€21.60
Price
€16.50
GF Value