Kadant (FRA:KDA) Cyclically Adjusted PB Ratio: 5.67 (As of Jul. 22, 2026) — 13% Above Median

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FRA:KDA Kadant Inc FRA:KDA
87 GF Score
Price €270.00
GF Value €299.59
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Kadant Cyclically Adjusted PB Ratio?

Kadant FRA:KDA +0.75% 87 Cyclically Adjusted PB Ratio is 5.67 as of Jul. 22, 2026, which is 13% above its 10-year median of 5.02. GuruFocus rates FRA:KDA with a GF Score™ of 87/100 and a GF Value™ of €299.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,285 Industrial Products companies, Kadant ranks worse than 80.22% on this metric.

As of today (2026-07-22), Kadant's current share price is €270.00. Kadant's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €47.59. Kadant's Cyclically Adjusted PB Ratio for today is 5.67.

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

FRA:KDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.28   Med: 5.02   Max: 8.94
Current: 5.46

During the past years, Kadant's highest Cyclically Adjusted PB Ratio was 8.94. The lowest was 2.28. And the median was 5.02.

FRA:KDA's Cyclically Adjusted PB Ratio is ranked worse than
80.22% of 2285 companies
in the Industrial Products industry
Industry Median: 2.12 vs FRA:KDA: 5.46

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.

Kadant's adjusted book value per share data for the three months ended in Mar. 2026 was €72.933. 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 €47.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kadant  (FRA:KDA) 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.


Kadant Cyclically Adjusted PB Ratio Related Terms


Kadant Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kadant'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.

Kadant Cyclically Adjusted PB Ratio Chart

Kadant 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 6.85 4.62 6.53 7.20 5.29

Kadant 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 6.79 6.20 5.64 5.29 5.21

FRA:KDA vs SXI, SMR, MWA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kadant'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.


Kadant Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:KDA
87GF Score
Kadant Inc FRA:KDA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kadant 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=270.00/47.59
=5.67

* 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.

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

For example, Kadant'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)
=72.933/330.2130*330.2130
=72.933

Current CPI (Mar. 2026) = 330.2130.

Kadant Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.837 241.018 31.288
201609 23.472 241.428 32.104
201612 24.496 241.432 33.504
201703 24.943 243.801 33.784
201706 25.017 244.955 33.724
201709 25.119 246.819 33.606
201712 25.403 246.524 34.027
201803 25.121 249.554 33.240
201806 26.224 251.989 34.365
201809 27.543 252.439 36.029
201812 29.508 251.233 38.784
201903 30.117 254.202 39.123
201906 31.351 256.143 40.417
201909 32.624 256.759 41.957
201912 33.581 256.974 43.152
202003 33.357 258.115 42.674
202006 33.886 257.797 43.405
202009 34.000 260.280 43.135
202012 35.279 260.474 44.725
202103 36.463 264.877 45.457
202106 37.933 271.696 46.103
202109 39.755 274.310 47.857
202112 42.947 278.802 50.866
202203 46.561 287.504 53.478
202206 49.008 296.311 54.615
202209 52.652 296.808 58.578
202212 52.872 296.797 58.825
202303 54.459 301.836 59.579
202306 56.051 305.109 60.663
202309 58.560 307.789 62.826
202312 60.598 306.746 65.234
202403 61.319 312.332 64.830
202406 63.888 314.175 67.149
202409 65.339 315.301 68.429
202412 68.875 315.605 72.063
202503 68.806 319.799 71.047
202506 68.172 322.561 69.789
202509 68.710 324.800 69.855
202512 70.978 324.054 72.327
202603 72.933 330.213 72.933

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 5.67 mean?
Kadant (FRA:KDA) has a Cyclically Adjusted PB Ratio of 5.67 as of Jul. 22, 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 Kadant and its competitors. This is 13% above median its historical median of 5.02. Over the past decade, Kadant's Cyclically Adjusted PB Ratio has ranged from 2.28 to 8.94. According to the industry distribution chart, Kadant ranks #1833 out of 2285 companies in the Industrial Products industry, placing it in the top 80.2%.
Is Kadant's Cyclically Adjusted PB Ratio too high?
Kadant's current Cyclically Adjusted PB Ratio of 5.67 is 13% above median its 10-year median of 5.02. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 8.94. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. Kadant's value of 5.67 is 167.5% above this industry median. Based on the distribution chart, Kadant ranks #1833 out of 2285 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kadant has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kadant's Cyclically Adjusted PB Ratio compare to SXI and SMR?
According to the Industrial Products industry distribution chart, Kadant ranks #1833 out of 2285 companies for Cyclically Adjusted PB Ratio. This places Kadant in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Kadant's value of 5.67 is 167.5% above this benchmark. Historically, Kadant's own Cyclically Adjusted PB Ratio has ranged from 2.28 to 8.94 over the past decade. While the company's 10-year median is 5.02 vs. the industry median of 2.12, Kadant 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.12, based on 2,285 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. Kadant's current Cyclically Adjusted PB Ratio of 5.67 is 167.5% 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 Kadant and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kadant's current Cyclically Adjusted PB Ratio is 5.67, which is 13% above median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kadant stock overvalued right now?
Based on GuruFocus' analysis, Kadant (FRA:KDA) is currently considered Modestly Undervalued. The stock's GF Value™ is €299.59, compared to a current price of €270.00 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.67, which is 13% above median its 10-year median of 5.02 and 167.5% above the Industrial Products industry median of 2.12. Kadant's overall GF Score™ is 87/100 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 Kadant (FRA:KDA), the current Cyclically Adjusted PB Ratio is 5.67 as of Jul. 22, 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 Kadant (FRA:KDA) Overvalued in 2026?

Based on GuruFocus' analysis, Kadant stock appears to be undervalued. The current stock price of €270.00 is trading 9.9% below its estimated GF Value™ of €299.59. GuruFocus considers Kadant to be Modestly Undervalued.

Key valuation signals for FRA:KDA:

  • Cyclically Adjusted PB Ratio: 5.67 (13% above median its 10-year median of 5.02)
  • GF Value™: €299.59 vs. price of €270.00 (9.9% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 167.5% above the Industrial Products median (#1833 of 2285)

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


Kadant Business Description

Other Exchanges KAI:USAKDA:Germany
Address One Technology Park Drive, Westford, MA, USA, 01886
Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are the Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; the Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a geographic presence in the U.S., China, Asia, Germany, Canada, and Others.
87GF Score

Get the complete analysis for FRA:KDA

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

€270.00
Price
€299.59
GF Value