Kingsoft (FRA:3K1) Cyclically Adjusted PB Ratio: 1.85 (As of Aug. 10, 2026) — 30% Below Median

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FRA:3K1 Kingsoft Corp Ltd FRA:3K1
67 GF Score
Price €2.96
GF Value €3.52
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kingsoft Cyclically Adjusted PB Ratio?

Kingsoft FRA:3K1 +1.37% 67 Cyclically Adjusted PB Ratio is 1.85 as of Aug. 10, 2026, which is 30% below its 10-year median of 2.66. GuruFocus rates FRA:3K1 with a GF Score™ of 67/100 and a GF Value™ of €3.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 346 Interactive Media companies, Kingsoft ranks worse than 57.8% on this metric.

As of today (2026-08-10), Kingsoft's current share price is €2.96. Kingsoft's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.60. Kingsoft's Cyclically Adjusted PB Ratio for today is 1.85.

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

FRA:3K1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.66   Max: 10.15
Current: 1.85

During the past years, Kingsoft's highest Cyclically Adjusted PB Ratio was 10.15. The lowest was 1.43. And the median was 2.66.

FRA:3K1's Cyclically Adjusted PB Ratio is ranked worse than
57.8% of 346 companies
in the Interactive Media industry
Industry Median: 1.505 vs FRA:3K1: 1.85

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.

Kingsoft's adjusted book value per share data for the three months ended in Mar. 2026 was €2.455. 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 €1.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingsoft  (FRA:3K1) 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.


Kingsoft Cyclically Adjusted PB Ratio Related Terms


Kingsoft Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kingsoft'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.

Kingsoft Cyclically Adjusted PB Ratio Chart

Kingsoft 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 3.66 2.50 2.02 2.59 1.97

Kingsoft Quarterly Data
Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 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 2.81 2.98 2.48 1.97 1.51

FRA:3K1 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Kingsoft'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.


Kingsoft Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kingsoft's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:3K1
67GF Score
Kingsoft Corp Ltd FRA:3K1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kingsoft 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.

Kingsoft's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.96/1.60
=1.85

* 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.

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

For example, Kingsoft'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)
=2.455/116.3033*116.3033
=2.455

Current CPI (Mar. 2026) = 116.3033.

Kingsoft Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.839 99.500 0.981
201509 0.808 100.500 0.935
201512 0.870 100.600 1.006
201603 0.854 102.200 0.972
201606 0.768 101.400 0.881
201609 0.770 102.400 0.875
201612 0.829 102.600 0.940
201703 0.850 103.200 0.958
201706 0.872 103.100 0.984
201709 0.877 104.100 0.980
201712 1.189 104.500 1.323
201803 1.242 105.300 1.372
201806 1.273 104.900 1.411
201809 1.203 106.600 1.313
201812 1.220 106.500 1.332
201903 1.245 107.700 1.344
201906 1.082 107.700 1.168
201909 1.093 109.800 1.158
201912 1.296 111.200 1.355
202006 2.221 110.400 2.340
202009 0.000 111.700 0.000
202012 2.266 111.500 2.364
202106 2.330 111.769 2.425
202109 2.428 112.215 2.516
202112 2.519 113.108 2.590
202206 2.582 114.558 2.621
202212 1.944 115.116 1.964
202303 1.965 115.116 1.985
202306 2.000 114.558 2.030
202309 2.012 115.339 2.029
202312 2.024 114.781 2.051
202403 2.056 115.227 2.075
202406 2.070 114.781 2.097
202409 2.095 115.785 2.104
202412 2.216 114.893 2.243
202503 2.185 115.116 2.208
202506 2.183 114.907 2.210
202509 2.183 115.471 2.199
202512 2.304 115.832 2.313
202603 2.455 116.303 2.455

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 1.85 mean?
Kingsoft (FRA:3K1) has a Cyclically Adjusted PB Ratio of 1.85 as of Aug. 10, 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 Kingsoft and its competitors. This is 30% below median its historical median of 2.66. Over the past decade, Kingsoft's Cyclically Adjusted PB Ratio has ranged from 1.43 to 10.15. According to the industry distribution chart, Kingsoft ranks #200 out of 346 companies in the Interactive Media industry, placing it in the top 57.8%.
Is Kingsoft's Cyclically Adjusted PB Ratio too high?
Kingsoft's current Cyclically Adjusted PB Ratio of 1.85 is 30% below median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 10.15. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. Kingsoft's value of 1.85 is 22.9% above this industry median. Based on the distribution chart, Kingsoft ranks #200 out of 346 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Kingsoft has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kingsoft's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Kingsoft ranks #200 out of 346 companies for Cyclically Adjusted PB Ratio. This places Kingsoft in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Kingsoft's value of 1.85 is 22.9% above this benchmark. Historically, Kingsoft's own Cyclically Adjusted PB Ratio has ranged from 1.43 to 10.15 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 1.51, Kingsoft 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 Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.51, based on 346 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. Kingsoft's current Cyclically Adjusted PB Ratio of 1.85 is 22.9% 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 Kingsoft and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingsoft's current Cyclically Adjusted PB Ratio is 1.85, which is 30% below median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingsoft stock overvalued right now?
Based on GuruFocus' analysis, Kingsoft (FRA:3K1) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.52, compared to a current price of €2.96 — trading 15.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.85, which is 30% below median its 10-year median of 2.66 and 22.9% above the Interactive Media industry median of 1.51. Kingsoft's overall GF Score™ is 67/100 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 Kingsoft (FRA:3K1), the current Cyclically Adjusted PB Ratio is 1.85 as of Aug. 10, 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 Kingsoft (FRA:3K1) Overvalued in 2026?

Based on GuruFocus' analysis, Kingsoft stock appears to be undervalued. The current stock price of €2.96 is trading 15.9% below its estimated GF Value™ of €3.52. GuruFocus considers Kingsoft to be Modestly Undervalued.

Key valuation signals for FRA:3K1:

  • Cyclically Adjusted PB Ratio: 1.85 (30% below median its 10-year median of 2.66)
  • GF Value™: €3.52 vs. price of €2.96 (15.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 22.9% above the Interactive Media median (#200 of 346)

No single metric tells the full story. See the FRA:3K1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kingsoft Business Description

Address No. 33 Xierqi Middle Road, Xiaomi Campus, Building D, Haidian District, Beijing, CHN, 100085
Kingsoft Corp Ltd is a Chinese software and Internet services company. The company's operating segment includes entertainment software and others; and office software and services. It generates maximum revenue from the office software and services segment. The office software and services segment engages in the research and development and provision of WPS Office, WPS 365, WPS AI and other office products and services. Geographically, it derives a majority of revenue from Chinese Mainland, and also has its presence in Hong Kong, and Other Countries.
67GF Score

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

€2.96
Price
€3.52
GF Value