Kandi Technologies Group (FRA:K40) Cyclically Adjusted PB Ratio: 0.16 (As of Jul. 30, 2026) — 83% Below Median

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FRA:K40 Kandi Technologies Group Inc FRA:K40
50 GF Score
Price €2.02
GF Value €3.73
! 7 Warning Signs
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What is Kandi Technologies Group Cyclically Adjusted PB Ratio?

Kandi Technologies Group FRA:K40 50 Cyclically Adjusted PB Ratio is 0.16 as of Jul. 30, 2026, which is 83% below its 10-year median of 0.94. GuruFocus rates FRA:K40 with a GF Score™ of 50/100 and a GF Value™ of €3.73. The stock has 7 warning signs investors should review. Among 1,026 Vehicles & Parts companies, Kandi Technologies Group ranks better than 97.86% on this metric.

As of today (2026-07-30), Kandi Technologies Group's current share price is €2.015. Kandi Technologies Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €12.44. Kandi Technologies Group's Cyclically Adjusted PB Ratio for today is 0.16.

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

FRA:K40' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.94   Max: 3.44
Current: 0.13

During the past 13 years, Kandi Technologies Group's highest Cyclically Adjusted PB Ratio was 3.44. The lowest was 0.12. And the median was 0.94.

FRA:K40's Cyclically Adjusted PB Ratio is ranked better than
97.86% of 1026 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs FRA:K40: 0.13

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.

Kandi Technologies Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was €2.789. 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 €12.44 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kandi Technologies Group  (FRA:K40) 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.


Kandi Technologies Group Cyclically Adjusted PB Ratio Related Terms


Kandi Technologies Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kandi Technologies Group'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.

Kandi Technologies Group Cyclically Adjusted PB Ratio Chart

Kandi Technologies Group 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 0.68 0.46 0.54 0.24 0.16

Kandi Technologies Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.54 0.43 0.24 0.22 0.16

FRA:K40 vs MAMO, LFEV, VEEE: Cyclically Adjusted PB Ratio Comparison

For the Recreational Vehicles subindustry, Kandi Technologies Group'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.


Kandi Technologies Group Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kandi Technologies Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:K40
50GF Score
Kandi Technologies Group Inc FRA:K40
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kandi Technologies Group 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.

Kandi Technologies Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.015/12.44
=0.16

* 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.

Kandi Technologies Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Kandi Technologies Group'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)
=2.789/115.8323*115.8323
=2.789

Current CPI (Dec25) = 115.8323.

Kandi Technologies Group Annual Data

Book Value per Share CPI Adj_Book
201612 4.618 102.600 5.214
201712 3.923 104.500 4.348
201812 3.852 106.500 4.190
201912 3.711 111.200 3.866
202012 4.403 111.500 4.574
202112 5.114 113.108 5.237
202212 5.052 115.116 5.083
202312 4.243 114.781 4.282
202412 3.851 114.893 3.883
202512 2.789 115.832 2.789

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 0.16 mean?
Kandi Technologies Group (FRA:K40) has a Cyclically Adjusted PB Ratio of 0.16 as of Jul. 30, 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 Kandi Technologies Group and its competitors. This is 83% below median its historical median of 0.94. Over the past decade, Kandi Technologies Group's Cyclically Adjusted PB Ratio has ranged from 0.12 to 3.44. According to the industry distribution chart, Kandi Technologies Group ranks #22 out of 1026 companies in the Vehicles & Parts industry, placing it in the top 2.1%.
Is Kandi Technologies Group's Cyclically Adjusted PB Ratio too high?
Kandi Technologies Group's current Cyclically Adjusted PB Ratio of 0.16 is 83% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 3.44. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Kandi Technologies Group's value of 0.16 is 87.4% below this industry median. Based on the distribution chart, Kandi Technologies Group ranks #22 out of 1026 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Kandi Technologies Group has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Kandi Technologies Group's Cyclically Adjusted PB Ratio compare to MAMO and LFEV?
According to the Vehicles & Parts industry distribution chart, Kandi Technologies Group ranks #22 out of 1026 companies for Cyclically Adjusted PB Ratio. This places Kandi Technologies Group in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Kandi Technologies Group's value of 0.16 is 87.4% below this benchmark. Historically, Kandi Technologies Group's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 3.44 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.27, Kandi Technologies Group 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,026 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. Kandi Technologies Group's current Cyclically Adjusted PB Ratio of 0.16 is 87.4% 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 Kandi Technologies Group and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandi Technologies Group's current Cyclically Adjusted PB Ratio is 0.16, which is 83% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandi Technologies Group stock overvalued right now?
Kandi Technologies Group (FRA:K40) has a current Cyclically Adjusted PB Ratio of 0.16. The stock's GF Value™ is €3.73, compared to a current price of €2.02 — trading 46% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.16, which is 83% below median its 10-year median of 0.94 and 87.4% below the Vehicles & Parts industry median of 1.27. Kandi Technologies Group's overall GF Score™ is 50/100 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 Kandi Technologies Group (FRA:K40), the current Cyclically Adjusted PB Ratio is 0.16 as of Jul. 30, 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 Kandi Technologies Group (FRA:K40) Overvalued in 2026?

Based on GuruFocus' analysis, Kandi Technologies Group stock appears to be undervalued. The current stock price of €2.02 is trading 46% below its estimated GF Value™ of €3.73.

Key valuation signals for FRA:K40:

  • Cyclically Adjusted PB Ratio: 0.16 (83% below median its 10-year median of 0.94)
  • GF Value™: €3.73 vs. price of €2.02 (46% below fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 87.4% below the Vehicles & Parts median (#22 of 1026)

No single metric tells the full story. See the FRA:K40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kandi Technologies Group Business Description

Other Exchanges KNDI:USA
Address Jinhua New Energy Vehicle Town, Zhejiang Province, Jinhua, CHN, 321016
Kandi Technologies Group Inc is engaged in developing, manufacturing, and commercializing fully electric vehicle products and related technologies. Its products mainly consist of EV parts, EV products, and off-road vehicles, including All-Terrain Vehicles (ATVs), UTVs, go-karts, electric scooters, electric self-balancing scooters, and associated parts, and Lithium-ion cells, etc. The company generates maximum revenue from the sale of Off-road vehicles and associated parts. Geographically, it derives maximum revenue from the United States and other countries, followed by China.
50GF Score

Get the complete analysis for FRA:K40

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

€2.02
Price
€3.73
GF Value