Kentima Holding AB (FRA:3K8) Cyclically Adjusted PB Ratio: 2.48 (As of Aug. 06, 2026) — Near Median

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FRA:3K8 Kentima Holding AB FRA:3K8
58 GF Score
Price €0.20
GF Value €0.22
! 1 Warning Sign
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What is Kentima Holding AB Cyclically Adjusted PB Ratio?

Kentima Holding AB FRA:3K8 +4.76% 58 Cyclically Adjusted PB Ratio is 2.48 as of Aug. 06, 2026, which is 7% above its 10-year median of 2.32. GuruFocus rates FRA:3K8 with a GF Score™ of 58/100 and a GF Value™ of €0.22. The stock has 1 warning sign investors should review. Among 1,565 Software companies, Kentima Holding AB ranks worse than 51.44% on this metric.

As of today (2026-08-06), Kentima Holding AB's current share price is €0.198. Kentima Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.08. Kentima Holding AB's Cyclically Adjusted PB Ratio for today is 2.48.

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

FRA:3K8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.32   Max: 4.3
Current: 2.33

During the past years, Kentima Holding AB's highest Cyclically Adjusted PB Ratio was 4.30. The lowest was 1.22. And the median was 2.32.

FRA:3K8's Cyclically Adjusted PB Ratio is ranked worse than
51.44% of 1565 companies
in the Software industry
Industry Median: 2.24 vs FRA:3K8: 2.33

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.

Kentima Holding AB's adjusted book value per share data for the three months ended in Mar. 2026 was €0.118. 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 €0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kentima Holding AB  (FRA:3K8) 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.


Kentima Holding AB Cyclically Adjusted PB Ratio Related Terms


Kentima Holding AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kentima Holding AB'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.

Kentima Holding AB Cyclically Adjusted PB Ratio Chart

Kentima Holding AB Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.22 1.69 1.99

Kentima Holding AB Quarterly Data
Mar21 Jun21 Sep21 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 1.91 2.38 2.45 2.35 2.42

FRA:3K8 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Kentima Holding AB'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.


Kentima Holding AB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Kentima Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:3K8
58GF Score
Kentima Holding AB FRA:3K8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kentima Holding AB 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.

Kentima Holding AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.198/0.08
=2.48

* 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.

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

For example, Kentima Holding AB'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)
=0.118/133.5600*133.5600
=0.118

Current CPI (Mar. 2026) = 133.5600.

Kentima Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.077 100.751 0.102
201606 0.076 101.019 0.100
201609 0.072 101.138 0.095
201612 0.073 102.022 0.096
201703 0.075 102.022 0.098
201706 0.076 102.752 0.099
201709 0.079 103.279 0.102
201712 0.083 103.793 0.107
201803 0.085 103.962 0.109
201806 0.086 104.875 0.110
201809 0.000 105.679 0.000
201812 0.092 105.912 0.116
201903 0.091 105.886 0.115
201906 0.089 106.742 0.111
201909 0.085 107.214 0.106
201912 0.087 107.766 0.108
202003 0.085 106.563 0.107
202006 0.086 107.498 0.107
202009 0.087 107.635 0.108
202012 0.090 108.296 0.111
202103 0.089 108.360 0.110
202106 0.000 108.928 0.000
202109 0.096 110.338 0.116
202203 0.097 114.825 0.113
202206 0.100 118.384 0.113
202209 0.101 122.296 0.110
202212 0.097 126.365 0.103
202303 0.098 127.042 0.103
202306 0.097 129.407 0.100
202309 0.095 130.224 0.097
202312 0.101 131.912 0.102
202403 0.098 132.205 0.099
202406 0.093 132.716 0.094
202409 0.093 132.304 0.094
202412 0.091 132.987 0.091
202503 0.100 132.825 0.101
202506 0.103 133.699 0.103
202509 0.108 133.480 0.108
202512 0.116 133.390 0.116
202603 0.118 133.560 0.118

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 2.48 mean?
Kentima Holding AB (FRA:3K8) has a Cyclically Adjusted PB Ratio of 2.48 as of Aug. 06, 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 Kentima Holding AB and its competitors. This is near median its historical median of 2.32. Over the past decade, Kentima Holding AB's Cyclically Adjusted PB Ratio has ranged from 1.22 to 4.30. According to the industry distribution chart, Kentima Holding AB ranks #805 out of 1565 companies in the Software industry, placing it in the top 51.4%.
Is Kentima Holding AB's Cyclically Adjusted PB Ratio too high?
Kentima Holding AB's current Cyclically Adjusted PB Ratio of 2.48 is near median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 4.30. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Kentima Holding AB's value of 2.48 is 10.7% above this industry median. Based on the distribution chart, Kentima Holding AB ranks #805 out of 1565 companies in the Software industry, which is below the industry midpoint. Overall, Kentima Holding AB has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Kentima Holding AB's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Kentima Holding AB ranks #805 out of 1565 companies for Cyclically Adjusted PB Ratio. This places Kentima Holding AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Kentima Holding AB's value of 2.48 is 10.7% above this benchmark. Historically, Kentima Holding AB's own Cyclically Adjusted PB Ratio has ranged from 1.22 to 4.30 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 2.24, Kentima Holding AB 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,565 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. Kentima Holding AB's current Cyclically Adjusted PB Ratio of 2.48 is 10.7% 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 Kentima Holding AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kentima Holding AB's current Cyclically Adjusted PB Ratio is 2.48, which is near median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kentima Holding AB stock overvalued right now?
Kentima Holding AB (FRA:3K8) has a current Cyclically Adjusted PB Ratio of 2.48. The stock's GF Value™ is €0.22, compared to a current price of €0.20 — trading 10% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.48, which is near median its 10-year median of 2.32 and 10.7% above the Software industry median of 2.24. Kentima Holding AB's overall GF Score™ is 58/100 with 1 warning sign 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 Kentima Holding AB (FRA:3K8), the current Cyclically Adjusted PB Ratio is 2.48 as of Aug. 06, 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 Kentima Holding AB (FRA:3K8) Overvalued in 2026?

Based on GuruFocus' analysis, Kentima Holding AB stock appears to be undervalued. The current stock price of €0.20 is trading 10% below its estimated GF Value™ of €0.22.

Key valuation signals for FRA:3K8:

  • Cyclically Adjusted PB Ratio: 2.48 (near median its 10-year median of 2.32)
  • GF Value™: €0.22 vs. price of €0.20 (10% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 10.7% above the Software median (#805 of 1565)

No single metric tells the full story. See the FRA:3K8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kentima Holding AB Business Description

Other Exchanges KENH:Sweden
Address Kastanjevagen 4, Staffanstorp, SWE, 245 44
Kentima Holding AB develops, manufactures and sells products for the automation and security sector. Within the business area of Automation, it develops products that monitor machines and whole process plants. The products have a wide range of applications, are easy to integrate with other products and provide the operator with a modern, easy-to-use interface. Its automation products include HMI/SCADA software, industrial computers, and operator panels/boxes. Within the business area Security , it develops products for increased safety in the community. It offers VMS systems and security management platforms that meet market demands for flexibility, stability, and easy integration with other systems.
58GF Score

Get the complete analysis for FRA:3K8

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

€0.20
Price
€0.22
GF Value