World Kinect (FRA:WFK) Cyclically Adjusted PB Ratio: 1.08 (As of Aug. 05, 2026) — 15% Above Median

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FRA:WFK World Kinect Corp FRA:WFK
71 GF Score
Price €33.60
GF Value €25.83
Valuation Modestly Overvalued
! 9 Warning Signs
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What is World Kinect Cyclically Adjusted PB Ratio?

World Kinect FRA:WFK -1.75% 71 Cyclically Adjusted PB Ratio is 1.08 as of Aug. 05, 2026, which is 15% above its 10-year median of 0.94. GuruFocus rates FRA:WFK with a GF Score™ of 71/100 and a GF Value™ of €25.83 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 763 Oil & Gas companies, World Kinect ranks better than 53.6% on this metric.

As of today (2026-08-05), World Kinect's current share price is €33.60. World Kinect's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €31.14. World Kinect's Cyclically Adjusted PB Ratio for today is 1.08.

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

FRA:WFK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.94   Max: 2.55
Current: 1.1

During the past years, World Kinect's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.54. And the median was 0.94.

FRA:WFK's Cyclically Adjusted PB Ratio is ranked better than
53.6% of 763 companies
in the Oil & Gas industry
Industry Median: 1.2 vs FRA:WFK: 1.10

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.

World Kinect's adjusted book value per share data for the three months ended in Jun. 2026 was €21.320. 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 €31.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


World Kinect  (FRA:WFK) 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.


World Kinect Cyclically Adjusted PB Ratio Related Terms


World Kinect Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for World Kinect'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.

World Kinect Cyclically Adjusted PB Ratio Chart

World Kinect 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 0.89 0.85 0.68 0.79 0.67

World Kinect 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 0.80 0.73 0.67 0.65 0.93

FRA:WFK vs APC, DKL, CAPL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, World Kinect'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.


World Kinect Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, World Kinect's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:WFK
71GF Score
World Kinect Corp FRA:WFK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

World Kinect 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.

World Kinect's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.60/31.14
=1.08

* 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.

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

For example, World Kinect'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)
=21.32/333.9520*333.9520
=21.320

Current CPI (Jun. 2026) = 333.9520.

World Kinect Quarterly Data

Book Value per Share CPI Adj_Book
201609 24.827 241.428 34.342
201612 26.107 241.432 36.112
201703 26.341 243.801 36.081
201706 25.670 244.955 34.996
201709 23.782 246.819 32.178
201712 21.492 246.524 29.114
201803 21.026 249.554 28.137
201806 22.221 251.989 29.449
201809 22.579 252.439 29.870
201812 23.817 251.233 31.659
201903 24.272 254.202 31.887
201906 24.424 256.143 31.843
201909 25.654 256.759 33.367
201912 26.094 256.974 33.911
202003 26.440 258.115 34.208
202006 25.462 257.797 32.984
202009 25.698 260.280 32.972
202012 24.951 260.474 31.990
202103 25.860 264.877 32.604
202106 25.519 271.696 31.366
202109 26.066 274.310 31.733
202112 27.435 278.802 32.862
202203 27.981 287.504 32.501
202206 29.277 296.311 32.996
202209 31.649 296.808 35.610
202212 30.222 296.797 34.005
202303 30.205 301.836 33.419
202306 30.037 305.109 32.877
202309 30.636 307.789 33.240
202312 29.795 306.746 32.438
202403 30.007 312.332 32.084
202406 31.946 314.175 33.957
202409 31.704 315.301 33.579
202412 32.822 315.605 34.730
202503 31.398 319.799 32.788
202506 24.973 322.561 25.855
202509 24.792 324.800 25.491
202512 20.507 324.054 21.133
202603 20.257 330.213 20.486
202606 21.320 333.952 21.320

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 1.08 mean?
World Kinect (FRA:WFK) has a Cyclically Adjusted PB Ratio of 1.08 as of Aug. 05, 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 World Kinect and its competitors. This is 15% above median its historical median of 0.94. Over the past decade, World Kinect's Cyclically Adjusted PB Ratio has ranged from 0.54 to 2.55. According to the industry distribution chart, World Kinect ranks #354 out of 763 companies in the Oil & Gas industry, placing it in the top 46.4%.
Is World Kinect's Cyclically Adjusted PB Ratio too high?
World Kinect's current Cyclically Adjusted PB Ratio of 1.08 is 15% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.55. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. World Kinect's value of 1.08 is 10% below this industry median. Based on the distribution chart, World Kinect ranks #354 out of 763 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, World Kinect has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does World Kinect's Cyclically Adjusted PB Ratio compare to APC and DKL?
According to the Oil & Gas industry distribution chart, World Kinect ranks #354 out of 763 companies for Cyclically Adjusted PB Ratio. This puts World Kinect in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. World Kinect's value of 1.08 is 10% below this benchmark. Historically, World Kinect's own Cyclically Adjusted PB Ratio has ranged from 0.54 to 2.55 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.20, World Kinect 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 763 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. World Kinect's current Cyclically Adjusted PB Ratio of 1.08 is 10% 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 World Kinect and its competitors. For the Oil & Gas 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. World Kinect's current Cyclically Adjusted PB Ratio is 1.08, which is 15% above 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 World Kinect stock overvalued right now?
Based on GuruFocus' analysis, World Kinect (FRA:WFK) is currently considered Modestly Overvalued. The stock's GF Value™ is €25.83, compared to a current price of €33.60 — trading 30.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 15% above median its 10-year median of 0.94 and 10% below the Oil & Gas industry median of 1.20. World Kinect's overall GF Score™ is 71/100 with 9 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 World Kinect (FRA:WFK), the current Cyclically Adjusted PB Ratio is 1.08 as of Aug. 05, 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 World Kinect (FRA:WFK) Overvalued in 2026?

Based on GuruFocus' analysis, World Kinect stock appears to be overvalued. The current stock price of €33.60 is trading 30.1% above its estimated GF Value™ of €25.83. GuruFocus considers World Kinect to be Modestly Overvalued.

Key valuation signals for FRA:WFK:

  • Cyclically Adjusted PB Ratio: 1.08 (15% above median its 10-year median of 0.94)
  • GF Value™: €25.83 vs. price of €33.60 (30.1% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 10% below the Oil & Gas median (#354 of 763)

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


World Kinect Business Description

Industry EnergyOil & Gas
Other Exchanges WKC:USA
Address 9800 Northwest 41st Street, Miami, FL, USA, 33178
World Kinect Corp is an energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers. It sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions. The company operates in three reportable segments consisting of aviation, land, and marine. It earns the majority of its revenue from the Aviation segment.
71GF Score

Get the complete analysis for FRA:WFK

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

€33.60
Price
€25.83
GF Value