KMAAF (Komax Holding AG) Cyclically Adjusted PB Ratio: 0.54 (As of Jul. 31, 2026) — 83% Below Median

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KMAAF Komax Holding AG KMAAF
63 GF Score
Price $74.92
GF Value $179.82
! 5 Warning Signs
View Full Analysis

What is Komax Holding AG Cyclically Adjusted PB Ratio?

Komax Holding AG KMAAF 63 Cyclically Adjusted PB Ratio is 0.54 as of Jul. 31, 2026, which is 83% below its 10-year median of 3.18. GuruFocus rates KMAAF with a GF Score™ of 63/100 and a GF Value™ of $179.82. The stock has 5 warning signs investors should review. Among 2,266 Industrial Products companies, Komax Holding AG ranks better than 84.25% on this metric.

As of today (2026-07-31), Komax Holding AG's current share price is $74.92. Komax Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $137.53. Komax Holding AG's Cyclically Adjusted PB Ratio for today is 0.54.

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

KMAAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 3.18   Max: 4.72
Current: 0.65

During the past 13 years, Komax Holding AG's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 0.57. And the median was 3.18.

KMAAF's Cyclically Adjusted PB Ratio is ranked better than
84.25% of 2266 companies
in the Industrial Products industry
Industry Median: 2.08 vs KMAAF: 0.65

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.

Komax Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was $81.784. 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 $137.53 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komax Holding AG  (OTCPK:KMAAF) 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.


Komax Holding AG Cyclically Adjusted PB Ratio Related Terms


Komax Holding AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Komax Holding AG'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.

Komax Holding AG Cyclically Adjusted PB Ratio Chart

Komax Holding AG 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 3.56 3.48 2.68 1.56 0.89

Komax Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.68 0.00 1.56 0.00 0.89

KMAAF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Komax Holding AG'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.


Komax Holding AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Komax Holding AG's Cyclically Adjusted PB Ratio falls into.


KMAAF
63GF Score
Komax Holding AG KMAAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Komax Holding AG 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.

Komax Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.92/137.53
=0.54

* 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.

Komax Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Komax Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=81.784/107.2000*107.2000
=81.784

Current CPI (Dec25) = 107.2000.

Komax Holding AG Annual Data

Book Value per Share CPI Adj_Book
201612 64.141 99.380 69.188
201712 68.512 100.213 73.289
201812 73.981 100.906 78.596
201912 64.776 101.063 68.709
202012 69.249 100.241 74.057
202112 74.883 101.776 78.874
202212 87.186 104.666 89.297
202312 88.249 106.461 88.861
202412 77.820 107.128 77.872
202512 81.784 107.200 81.784

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 0.54 mean?
Komax Holding AG (KMAAF) has a Cyclically Adjusted PB Ratio of 0.54 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 Komax Holding AG and its competitors. This is 83% below median its historical median of 3.18. Over the past decade, Komax Holding AG's Cyclically Adjusted PB Ratio has ranged from 0.57 to 4.72. According to the industry distribution chart, Komax Holding AG ranks #357 out of 2266 companies in the Industrial Products industry, placing it in the top 15.8%.
Is Komax Holding AG's Cyclically Adjusted PB Ratio too high?
Komax Holding AG's current Cyclically Adjusted PB Ratio of 0.54 is 83% below median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 4.72. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Komax Holding AG's value of 0.54 is 74% below this industry median. Based on the distribution chart, Komax Holding AG ranks #357 out of 2266 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Komax Holding AG has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Komax Holding AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Komax Holding AG ranks #357 out of 2266 companies for Cyclically Adjusted PB Ratio. This places Komax Holding AG in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.08. Komax Holding AG's value of 0.54 is 74% below this benchmark. Historically, Komax Holding AG's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 4.72 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 2.08, Komax Holding AG 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 2.08, based on 2,266 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. Komax Holding AG's current Cyclically Adjusted PB Ratio of 0.54 is 74% 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 Komax Holding AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komax Holding AG's current Cyclically Adjusted PB Ratio is 0.54, which is 83% below median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komax Holding AG stock overvalued right now?
Komax Holding AG (KMAAF) has a current Cyclically Adjusted PB Ratio of 0.54. The stock's GF Value™ is $179.82, compared to a current price of $74.92 — trading 58.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 83% below median its 10-year median of 3.18 and 74% below the Industrial Products industry median of 2.08. Komax Holding AG's overall GF Score™ is 63/100 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 Komax Holding AG (KMAAF), the current Cyclically Adjusted PB Ratio is 0.54 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 Komax Holding AG (KMAAF) Overvalued in 2026?

Based on GuruFocus' analysis, Komax Holding AG stock appears to be undervalued. The current stock price of $74.92 is trading 58.3% below its estimated GF Value™ of $179.82.

Key valuation signals for KMAAF:

  • Cyclically Adjusted PB Ratio: 0.54 (83% below median its 10-year median of 3.18)
  • GF Value™: $179.82 vs. price of $74.92 (58.3% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 74% below the Industrial Products median (#357 of 2266)

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


Komax Holding AG Business Description

Address Industriestrasse 6, Dierikon, Lucerne, CHE, 6036
Komax Holding AG is engaged in offering its customers cutting-edge technical solutions for automated wire processing. Its business flows through four market segments. The core business is the automotive market segment, which accounts for the majority of the revenue. The other three segments are aerospace & railways and Industrial & Infrastructure market segments.
63GF Score

Get the complete analysis for KMAAF

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

$74.92
Price
$179.82
GF Value