Krka DD (FRA:KN8) Cyclically Adjusted PB Ratio: 3.17 (As of Aug. 13, 2026) — 50% Above Median

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FRA:KN8 Krka DD FRA:KN8
71 GF Score
Price €250.00
GF Value €206.26
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Krka DD Cyclically Adjusted PB Ratio?

Krka DD FRA:KN8 -5.30% 71 Cyclically Adjusted PB Ratio is 3.17 as of Aug. 13, 2026, which is 50% above its 10-year median of 2.11. GuruFocus rates FRA:KN8 with a GF Score™ of 71/100 and a GF Value™ of €206.26 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 722 Drug Manufacturers companies, Krka DD ranks worse than 74.52% on this metric.

As of today (2026-08-13), Krka DD's current share price is €250.00. Krka DD's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €78.95. Krka DD's Cyclically Adjusted PB Ratio for today is 3.17.

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

FRA:KN8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.11   Max: 3.71
Current: 3.6

During the past years, Krka DD's highest Cyclically Adjusted PB Ratio was 3.71. The lowest was 1.49. And the median was 2.11.

FRA:KN8's Cyclically Adjusted PB Ratio is ranked worse than
74.52% of 722 companies
in the Drug Manufacturers industry
Industry Median: 1.79 vs FRA:KN8: 3.60

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.

Krka DD's adjusted book value per share data for the three months ended in Jun. 2026 was €86.192. 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 €78.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krka DD  (FRA:KN8) 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.


Krka DD Cyclically Adjusted PB Ratio Related Terms


Krka DD Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Krka DD'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.

Krka DD Cyclically Adjusted PB Ratio Chart

Krka DD 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 2.22 1.58 1.77 2.12 2.93

Krka DD Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.84 3.10 2.93 3.28 3.46

FRA:KN8 vs ZTS, UTHR, VTRS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Krka DD'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.


Krka DD Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Krka DD's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:KN8
71GF Score
Krka DD FRA:KN8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Krka DD 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.

Krka DD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=250.00/78.95
=3.17

* 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.

Krka DD's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Krka DD's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=86.192/333.9520*333.9520
=86.192

Current CPI (Jun. 2026) = 333.9520.

Krka DD Quarterly Data

Book Value per Share CPI Adj_Book
201609 43.543 241.428 60.230
201612 44.687 241.432 61.812
201703 46.349 243.801 63.488
201706 47.293 244.955 64.475
201709 45.048 246.819 60.951
201712 46.313 246.524 62.738
201803 47.811 249.554 63.980
201806 49.207 251.989 65.212
201809 45.749 252.439 60.521
201812 48.199 251.233 64.069
201903 50.769 254.202 66.697
201906 53.048 256.143 69.162
201909 50.887 256.759 66.186
201912 52.737 256.974 68.535
202003 54.328 258.115 70.290
202006 56.960 257.797 73.786
202009 53.609 260.280 68.783
202012 55.783 260.474 71.519
202103 58.710 264.877 74.020
202106 61.735 271.696 75.881
202109 58.930 274.310 71.743
202112 61.241 278.802 73.355
202203 63.707 287.504 73.999
202206 72.001 296.311 81.147
202209 67.812 296.808 76.298
202212 68.325 296.797 76.878
202303 70.700 301.836 78.223
202306 72.539 305.109 79.396
202309 67.770 307.789 73.531
202312 70.022 306.746 76.232
202403 73.174 312.332 78.239
202406 77.506 314.175 82.385
202409 71.045 315.301 75.248
202412 72.286 315.605 76.488
202503 78.698 319.799 82.181
202506 81.486 322.561 84.364
202509 75.058 324.800 77.173
202512 77.692 324.054 80.065
202603 81.255 330.213 82.175
202606 86.192 333.952 86.192

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 3.17 mean?
Krka DD (FRA:KN8) has a Cyclically Adjusted PB Ratio of 3.17 as of Aug. 13, 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 Krka DD and its competitors. This is 50% above median its historical median of 2.11. Over the past decade, Krka DD's Cyclically Adjusted PB Ratio has ranged from 1.49 to 3.71. According to the industry distribution chart, Krka DD ranks #538 out of 722 companies in the Drug Manufacturers industry, placing it in the top 74.5%.
Is Krka DD's Cyclically Adjusted PB Ratio too high?
Krka DD's current Cyclically Adjusted PB Ratio of 3.17 is 50% above median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 3.71. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.79. Krka DD's value of 3.17 is 77.1% above this industry median. Based on the distribution chart, Krka DD ranks #538 out of 722 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Krka DD has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Krka DD's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Krka DD ranks #538 out of 722 companies for Cyclically Adjusted PB Ratio. This places Krka DD in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Krka DD's value of 3.17 is 77.1% above this benchmark. Historically, Krka DD's own Cyclically Adjusted PB Ratio has ranged from 1.49 to 3.71 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 1.79, Krka DD 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.79, based on 722 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. Krka DD's current Cyclically Adjusted PB Ratio of 3.17 is 77.1% 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 Krka DD and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krka DD's current Cyclically Adjusted PB Ratio is 3.17, which is 50% above median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krka DD stock overvalued right now?
Based on GuruFocus' analysis, Krka DD (FRA:KN8) is currently considered Modestly Overvalued. The stock's GF Value™ is €206.26, compared to a current price of €250.00 — trading 21.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.17, which is 50% above median its 10-year median of 2.11 and 77.1% above the Drug Manufacturers industry median of 1.79. Krka DD's overall GF Score™ is 71/100 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 Krka DD (FRA:KN8), the current Cyclically Adjusted PB Ratio is 3.17 as of Aug. 13, 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 Krka DD (FRA:KN8) Overvalued in 2026?

Based on GuruFocus' analysis, Krka DD stock appears to be overvalued. The current stock price of €250.00 is trading 21.2% above its estimated GF Value™ of €206.26. GuruFocus considers Krka DD to be Modestly Overvalued.

Key valuation signals for FRA:KN8:

  • Cyclically Adjusted PB Ratio: 3.17 (50% above median its 10-year median of 2.11)
  • GF Value™: €206.26 vs. price of €250.00 (21.2% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 77.1% above the Drug Manufacturers median (#538 of 722)

No single metric tells the full story. See the FRA:KN8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Krka DD Business Description

Address Smarjeska Cesta 6, Novo Mesto, SVN, 8501
Krka DD engages in the development, production, marketing, and sales of human health products (prescription pharmaceuticals and non-prescription products), animal health products, health resorts, and tourist services. The company's products in Prescription pharmaceuticals include Cardiovascular diseases, Infections, and Oncology; Non-prescription products include Cold and cough products, nasal products, vitamins and minerals, and hair care products; and Animal health products include Antimicrobials and disinfectants, among others. It operates across the European Union, South-East Europe, Eastern Europe region, and Others. The company derives a majority of its revenue from the European Union.
71GF Score

Get the complete analysis for FRA:KN8

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

€250.00
Price
€206.26
GF Value