Kewaunee Scientific (FRA:KEW) Cyclically Adjusted PB Ratio: 1.91 (As of Jul. 22, 2026) — 15% Above Median

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FRA:KEW Kewaunee Scientific Corp FRA:KEW
73 GF Score
Price €31.20
GF Value €37.88
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kewaunee Scientific Cyclically Adjusted PB Ratio?

Kewaunee Scientific FRA:KEW -4.88% 73 Cyclically Adjusted PB Ratio is 1.91 as of Jul. 22, 2026, which is 15% above its 10-year median of 1.66. GuruFocus rates FRA:KEW with a GF Score™ of 73/100 and a GF Value™ of €37.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Kewaunee Scientific ranks worse than 64.2% on this metric.

As of today (2026-07-22), Kewaunee Scientific's current share price is €31.20. Kewaunee Scientific's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €16.36. Kewaunee Scientific's Cyclically Adjusted PB Ratio for today is 1.91.

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

FRA:KEW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.66   Max: 3.62
Current: 1.89

During the past years, Kewaunee Scientific's highest Cyclically Adjusted PB Ratio was 3.62. The lowest was 0.47. And the median was 1.66.

FRA:KEW's Cyclically Adjusted PB Ratio is ranked worse than
64.2% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.195 vs FRA:KEW: 1.89

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.

Kewaunee Scientific's adjusted book value per share data for the three months ended in Apr. 2026 was €22.290. 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 €16.36 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kewaunee Scientific  (FRA:KEW) 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.


Kewaunee Scientific Cyclically Adjusted PB Ratio Related Terms


Kewaunee Scientific Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kewaunee Scientific'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.

Kewaunee Scientific Cyclically Adjusted PB Ratio Chart

Kewaunee Scientific Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.94 2.00 1.71 1.94

Kewaunee Scientific Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.71 2.95 2.20 2.06 1.94

FRA:KEW vs VIRC, BSET, VIOT: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Kewaunee Scientific'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.


Kewaunee Scientific Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kewaunee Scientific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:KEW
73GF Score
Kewaunee Scientific Corp FRA:KEW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kewaunee Scientific 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.

Kewaunee Scientific's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.20/16.36
=1.91

* 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.

Kewaunee Scientific's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Kewaunee Scientific's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=22.29/333.0200*333.0200
=22.290

Current CPI (Apr. 2026) = 333.0200.

Kewaunee Scientific Quarterly Data

Book Value per Share CPI Adj_Book
201607 13.189 240.628 18.253
201610 13.523 241.729 18.630
201701 13.975 242.839 19.165
201704 14.753 244.524 20.092
201707 13.987 244.786 19.029
201710 14.054 246.663 18.974
201801 13.743 247.867 18.464
201804 14.233 250.546 18.918
201807 14.972 252.006 19.785
201810 15.510 252.885 20.425
201901 15.640 251.712 20.692
201904 15.260 255.548 19.886
201907 15.344 256.571 19.916
201910 14.618 257.346 18.917
202001 13.968 257.971 18.032
202004 12.847 256.389 16.687
202007 11.952 259.101 15.362
202010 11.655 260.388 14.906
202101 11.308 261.582 14.396
202104 12.478 267.054 15.560
202107 12.147 273.003 14.817
202110 11.433 276.589 13.766
202201 11.358 281.148 13.454
202204 11.847 289.109 13.646
202207 12.052 296.276 13.547
202210 12.339 298.012 13.788
202301 11.592 299.170 12.904
202304 12.055 303.363 13.234
202307 12.274 305.691 13.371
202310 13.741 307.671 14.873
202401 14.076 308.417 15.199
202404 17.977 313.548 19.093
202407 17.985 314.540 19.042
202410 18.963 315.664 20.006
202501 20.451 317.671 21.439
202504 20.207 320.795 20.977
202507 20.065 323.048 20.684
202510 20.936 0.000
202601 20.985 325.252 21.486
202604 22.290 333.020 22.290

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 1.91 mean?
Kewaunee Scientific (FRA:KEW) has a Cyclically Adjusted PB Ratio of 1.91 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 Kewaunee Scientific and its competitors. This is 15% above median its historical median of 1.66. Over the past decade, Kewaunee Scientific's Cyclically Adjusted PB Ratio has ranged from 0.47 to 3.62. According to the industry distribution chart, Kewaunee Scientific ranks #217 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 64.2%.
Is Kewaunee Scientific's Cyclically Adjusted PB Ratio too high?
Kewaunee Scientific's current Cyclically Adjusted PB Ratio of 1.91 is 15% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 3.62. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Kewaunee Scientific's value of 1.91 is 59.8% above this industry median. Based on the distribution chart, Kewaunee Scientific ranks #217 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Kewaunee Scientific has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kewaunee Scientific's Cyclically Adjusted PB Ratio compare to VIRC and BSET?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kewaunee Scientific ranks #217 out of 338 companies for Cyclically Adjusted PB Ratio. This places Kewaunee Scientific in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Kewaunee Scientific's value of 1.91 is 59.8% above this benchmark. Historically, Kewaunee Scientific's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 3.62 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.20, Kewaunee Scientific 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 338 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. Kewaunee Scientific's current Cyclically Adjusted PB Ratio of 1.91 is 59.8% 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 Kewaunee Scientific and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kewaunee Scientific's current Cyclically Adjusted PB Ratio is 1.91, which is 15% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kewaunee Scientific stock overvalued right now?
Based on GuruFocus' analysis, Kewaunee Scientific (FRA:KEW) is currently considered Modestly Undervalued. The stock's GF Value™ is €37.88, compared to a current price of €31.20 — trading 17.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.91, which is 15% above median its 10-year median of 1.66 and 59.8% above the Furnishings, Fixtures & Appliances industry median of 1.20. Kewaunee Scientific's overall GF Score™ is 73/100 with 2 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 Kewaunee Scientific (FRA:KEW), the current Cyclically Adjusted PB Ratio is 1.91 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 Kewaunee Scientific (FRA:KEW) Overvalued in 2026?

Based on GuruFocus' analysis, Kewaunee Scientific stock appears to be undervalued. The current stock price of €31.20 is trading 17.6% below its estimated GF Value™ of €37.88. GuruFocus considers Kewaunee Scientific to be Modestly Undervalued.

Key valuation signals for FRA:KEW:

  • Cyclically Adjusted PB Ratio: 1.91 (15% above median its 10-year median of 1.66)
  • GF Value™: €37.88 vs. price of €31.20 (17.6% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 59.8% above the Furnishings, Fixtures & Appliances median (#217 of 338)

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


Kewaunee Scientific Business Description

Other Exchanges KEQU:USA
Address 2700 West Front street, Statesville, NC, USA, 28677-2927
Kewaunee Scientific Corp is a designer and manufacturer of technical furniture products for industries investing in spaces where discovery occurs, typically in laboratories. It serves in end-use markets that are all commercial, Life sciences, pharma, education, government and military research, etc. The company operates through two segments: The domestic segment designs manufactures and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, and Others; The International segment provides facility design, engineering, construction, and project management from the planning stage through the testing and commissioning of laboratories. It generates the majority of its revenue from the Domestic business segment.
73GF Score

Get the complete analysis for FRA:KEW

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

€31.20
Price
€37.88
GF Value