KE (Kimball Electronics) Cyclically Adjusted PB Ratio: 1.18 (As of Jul. 19, 2026) — Near Median

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KE Kimball Electronics Inc KE
82 GF Score
Price $23.96
GF Value $18.98
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Kimball Electronics Cyclically Adjusted PB Ratio?

Kimball Electronics KE -1.88% 82 Cyclically Adjusted PB Ratio is 1.18 as of Jul. 19, 2026, which is 9% below its 10-year median of 1.29. GuruFocus rates KE with a GF Score™ of 82/100 and a GF Value™ of $18.98 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,286 Industrial Products companies, Kimball Electronics ranks better than 70.03% on this metric.

As of today (2026-07-19), Kimball Electronics's current share price is $23.955. Kimball Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $20.38. Kimball Electronics's Cyclically Adjusted PB Ratio for today is 1.18.

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

KE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.29   Max: 1.89
Current: 1.18

During the past years, Kimball Electronics's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.70. And the median was 1.29.

KE's Cyclically Adjusted PB Ratio is ranked better than
70.03% of 2286 companies
in the Industrial Products industry
Industry Median: 2.115 vs KE: 1.18

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.

Kimball Electronics's adjusted book value per share data for the three months ended in Mar. 2026 was $24.019. 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 $20.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimball Electronics  (NAS:KE) 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.


Kimball Electronics Cyclically Adjusted PB Ratio Related Terms


Kimball Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kimball Electronics'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.

Kimball Electronics Cyclically Adjusted PB Ratio Chart

Kimball Electronics Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.68 1.23 1.00

Kimball Electronics 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 0.87 1.00 1.52 1.41 1.16

KE vs ADSE, LTBR, RFIL: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Kimball Electronics'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.


Kimball Electronics Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


KE
82GF Score
Kimball Electronics Inc KE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kimball Electronics 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.

Kimball Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.955/20.38
=1.18

* 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.

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

For example, Kimball Electronics'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)
=24.019/330.2130*330.2130
=24.019

Current CPI (Mar. 2026) = 330.2130.

Kimball Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.494 241.018 15.748
201609 11.827 241.428 16.176
201612 11.921 241.432 16.305
201703 12.321 243.801 16.688
201706 12.753 244.955 17.192
201709 13.002 246.819 17.395
201712 12.777 246.524 17.114
201803 13.378 249.554 17.702
201806 13.400 251.989 17.560
201809 13.564 252.439 17.743
201812 13.711 251.233 18.021
201903 14.142 254.202 18.371
201906 14.550 256.143 18.757
201909 14.555 256.759 18.719
201912 14.957 256.974 19.220
202003 15.023 258.115 19.219
202006 15.182 257.797 19.447
202009 15.937 260.280 20.219
202012 16.816 260.474 21.318
202103 17.028 264.877 21.228
202106 17.709 271.696 21.523
202109 17.522 274.310 21.093
202112 17.731 278.802 21.001
202203 18.260 287.504 20.973
202206 18.435 296.311 20.544
202209 18.464 296.808 20.542
202212 19.461 296.797 21.652
202303 20.352 301.836 22.265
202306 21.194 305.109 22.938
202309 21.262 307.789 22.811
202312 21.998 306.746 23.681
202403 21.676 312.332 22.917
202406 21.852 314.175 22.968
202409 22.195 315.301 23.245
202412 21.892 315.605 22.905
202503 22.482 319.799 23.214
202506 23.530 322.561 24.088
202509 23.713 324.800 24.108
202512 23.922 324.054 24.377
202603 24.019 330.213 24.019

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 1.18 mean?
Kimball Electronics (KE) has a Cyclically Adjusted PB Ratio of 1.18 as of Jul. 19, 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 Kimball Electronics and its competitors. This is near median its historical median of 1.29. Over the past decade, Kimball Electronics' Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.89. According to the industry distribution chart, Kimball Electronics ranks #685 out of 2286 companies in the Industrial Products industry, placing it in the top 30%.
Is Kimball Electronics' Cyclically Adjusted PB Ratio too high?
Kimball Electronics' current Cyclically Adjusted PB Ratio of 1.18 is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.89. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. Kimball Electronics' value of 1.18 is 44.2% below this industry median. Based on the distribution chart, Kimball Electronics ranks #685 out of 2286 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kimball Electronics has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kimball Electronics' Cyclically Adjusted PB Ratio compare to ADSE and LTBR?
According to the Industrial Products industry distribution chart, Kimball Electronics ranks #685 out of 2286 companies for Cyclically Adjusted PB Ratio. This puts Kimball Electronics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Kimball Electronics' value of 1.18 is 44.2% below this benchmark. Historically, Kimball Electronics' own Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.89 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 2.12, Kimball Electronics 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.12, based on 2,286 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. Kimball Electronics's current Cyclically Adjusted PB Ratio of 1.18 is 44.2% 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 Kimball Electronics 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. Kimball Electronics's current Cyclically Adjusted PB Ratio is 1.18, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kimball Electronics stock overvalued right now?
Based on GuruFocus' analysis, Kimball Electronics (KE) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.98, compared to a current price of $23.96 — trading 26.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is near median its 10-year median of 1.29 and 44.2% below the Industrial Products industry median of 2.12. Kimball Electronics' overall GF Score™ is 82/100 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 Kimball Electronics (KE), the current Cyclically Adjusted PB Ratio is 1.18 as of Jul. 19, 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 Kimball Electronics (KE) Overvalued in 2026?

Based on GuruFocus' analysis, Kimball Electronics stock appears to be overvalued. The current stock price of $23.96 is trading 26.2% above its estimated GF Value™ of $18.98. GuruFocus considers Kimball Electronics to be Modestly Overvalued.

Key valuation signals for KE:

  • Cyclically Adjusted PB Ratio: 1.18 (near median its 10-year median of 1.29)
  • GF Value™: $18.98 vs. price of $23.96 (26.2% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 44.2% below the Industrial Products median (#685 of 2286)

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


Kimball Electronics Business Description

Other Exchanges 3C3:Germany
Address 1205 Kimball Boulevard, Jasper, IN, USA, 47546
Kimball Electronics Inc is a contract electronic manufacturing services company. The company is engaged in producing durable electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services utilize common production and support capabilities. It is also engaged in producing safety-critical electronic assemblies for its automotive customers. Geographically, it has business units located in the United States, China, Mexico, Poland, Romania, and Thailand. The company derives maximum revenue from Mexico.
82GF Score

Get the complete analysis for KE

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

$23.96
Price
$18.98
GF Value