Knowit AB (FRA:KOW) Cyclically Adjusted PB Ratio: 0.82 (As of Jul. 31, 2026) — 75% Below Median

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FRA:KOW Knowit AB FRA:KOW
66 GF Score
Price €8.39
GF Value €9.97
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Knowit AB Cyclically Adjusted PB Ratio?

Knowit AB FRA:KOW +2.82% 66 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 31, 2026, which is 75% below its 10-year median of 3.29. GuruFocus rates FRA:KOW with a GF Score™ of 66/100 and a GF Value™ of €9.97 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,576 Software companies, Knowit AB ranks better than 80.52% on this metric.

As of today (2026-07-31), Knowit AB's current share price is €8.39. Knowit AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €10.21. Knowit AB's Cyclically Adjusted PB Ratio for today is 0.82.

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

FRA:KOW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 3.29   Max: 6.8
Current: 0.76

During the past years, Knowit AB's highest Cyclically Adjusted PB Ratio was 6.80. The lowest was 0.70. And the median was 3.29.

FRA:KOW's Cyclically Adjusted PB Ratio is ranked better than
80.52% of 1576 companies
in the Software industry
Industry Median: 2.235 vs FRA:KOW: 0.76

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.

Knowit AB's adjusted book value per share data for the three months ended in Jun. 2026 was €12.313. 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 €10.21 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Knowit AB  (FRA:KOW) 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.


Knowit AB Cyclically Adjusted PB Ratio Related Terms


Knowit AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Knowit 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.

Knowit AB Cyclically Adjusted PB Ratio Chart

Knowit AB 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 6.14 2.60 1.71 1.36 1.06

Knowit AB 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 1.20 0.95 1.06 0.94 0.68

FRA:KOW vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Knowit 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.


Knowit AB Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:KOW
66GF Score
Knowit AB FRA:KOW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Knowit 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.39/10.21
=0.82

* 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.

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

For example, Knowit AB'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)
=12.313/134.1100*134.1100
=12.313

Current CPI (Jun. 2026) = 134.1100.

Knowit AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.447 101.138 5.897
201612 4.546 102.022 5.976
201703 4.919 102.022 6.466
201706 4.611 102.752 6.018
201709 4.840 103.279 6.285
201712 4.938 103.793 6.380
201803 5.293 103.962 6.828
201806 5.110 104.875 6.534
201809 5.215 105.679 6.618
201812 5.518 105.912 6.987
201903 5.877 105.886 7.444
201906 5.519 106.742 6.934
201909 5.632 107.214 7.045
201912 6.071 107.766 7.555
202003 6.035 106.563 7.595
202006 6.434 107.498 8.027
202009 6.673 107.635 8.314
202012 7.656 108.296 9.481
202103 8.444 108.360 10.451
202106 9.443 108.928 11.626
202109 13.378 110.338 16.260
202112 13.799 112.486 16.452
202203 14.037 114.825 16.395
202206 14.045 118.384 15.911
202209 13.947 122.296 15.294
202212 13.893 126.365 14.744
202303 13.854 127.042 14.625
202306 13.365 129.407 13.851
202309 12.797 130.224 13.179
202312 13.568 131.912 13.794
202403 13.806 132.205 14.005
202406 13.348 132.716 13.488
202409 13.118 132.304 13.297
202412 13.176 132.987 13.287
202503 13.654 132.825 13.786
202506 13.390 133.699 13.431
202509 13.387 133.480 13.450
202512 12.221 133.390 12.287
202603 12.664 133.560 12.716
202606 12.313 134.110 12.313

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 0.82 mean?
Knowit AB (FRA:KOW) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 31, 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 Knowit AB and its competitors. This is 75% below median its historical median of 3.29. Over the past decade, Knowit AB's Cyclically Adjusted PB Ratio has ranged from 0.70 to 6.80. According to the industry distribution chart, Knowit AB ranks #307 out of 1576 companies in the Software industry, placing it in the top 19.5%.
Is Knowit AB's Cyclically Adjusted PB Ratio too high?
Knowit AB's current Cyclically Adjusted PB Ratio of 0.82 is 75% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 6.80. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Knowit AB's value of 0.82 is 63.3% below this industry median. Based on the distribution chart, Knowit AB ranks #307 out of 1576 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Knowit AB has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Knowit AB's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Knowit AB ranks #307 out of 1576 companies for Cyclically Adjusted PB Ratio. This places Knowit AB in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.24. Knowit AB's value of 0.82 is 63.3% below this benchmark. Historically, Knowit AB's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 6.80 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 2.24, Knowit AB 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,576 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. Knowit AB's current Cyclically Adjusted PB Ratio of 0.82 is 63.3% 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 Knowit 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. Knowit AB's current Cyclically Adjusted PB Ratio is 0.82, which is 75% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knowit AB stock overvalued right now?
Based on GuruFocus' analysis, Knowit AB (FRA:KOW) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.97, compared to a current price of €8.39 — trading 15.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 75% below median its 10-year median of 3.29 and 63.3% below the Software industry median of 2.24. Knowit AB's overall GF Score™ is 66/100 with 5 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 Knowit AB (FRA:KOW), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 31, 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 Knowit AB (FRA:KOW) Overvalued in 2026?

Based on GuruFocus' analysis, Knowit AB stock appears to be undervalued. The current stock price of €8.39 is trading 15.8% below its estimated GF Value™ of €9.97. GuruFocus considers Knowit AB to be Modestly Undervalued.

Key valuation signals for FRA:KOW:

  • Cyclically Adjusted PB Ratio: 0.82 (75% below median its 10-year median of 3.29)
  • GF Value™: €9.97 vs. price of €8.39 (15.8% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 63.3% below the Software median (#307 of 1576)

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


Knowit AB Business Description

Address Klarabergsgatan 60, Box 3383, Stockholm, SWE, 10368
Knowit AB is a Nordic consultancy, operating three divisions: IT and system development; Customer experience technology and communications; Management consultancy. The company has about 2200 employees in 20 locations in Sweden, Norway, Denmark, Finland and Germany. Knowit provides services towards most industries, both public and private sector. Knowit AB (Publ) was founded in 1990 and is headquartered in Stockholm, Sweden.
66GF Score

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

€8.39
Price
€9.97
GF Value