GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Konecranes Oyj (OTCPK:KNCRF) » Definitions » Cyclically Adjusted PB Ratio

KNCRF (Konecranes Oyj) Cyclically Adjusted PB Ratio : 3.22 (As of Apr. 27, 2025)


View and export this data going back to 2009. Start your Free Trial

What is Konecranes Oyj Cyclically Adjusted PB Ratio?

As of today (2025-04-27), Konecranes Oyj's current share price is $57.29. Konecranes Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $17.80. Konecranes Oyj's Cyclically Adjusted PB Ratio for today is 3.22.

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

KNCRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 3.12   Max: 5.55
Current: 3.46

During the past years, Konecranes Oyj's highest Cyclically Adjusted PB Ratio was 5.55. The lowest was 1.47. And the median was 3.12.

KNCRF's Cyclically Adjusted PB Ratio is ranked worse than
83.65% of 159 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.46 vs KNCRF: 3.46

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.

Konecranes Oyj's adjusted book value per share data for the three months ended in Dec. 2024 was $24.558. 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 $17.80 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Konecranes Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Konecranes Oyj'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.

* Premium members only.

Konecranes Oyj Cyclically Adjusted PB Ratio Chart

Konecranes Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 2.92 2.06 2.64 3.63

Konecranes Oyj Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.64 3.03 3.28 4.09 3.63

Competitive Comparison of Konecranes Oyj's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Konecranes Oyj'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.


Konecranes Oyj's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Konecranes Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Konecranes Oyj 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.

Konecranes Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.29/17.80
=3.22

* 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.

Konecranes Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Konecranes Oyj's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=24.558/122.3900*122.3900
=24.558

Current CPI (Dec. 2024) = 122.3900.

Konecranes Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201503 7.861 100.120 9.610
201506 8.347 100.030 10.213
201509 8.221 100.130 10.049
201512 8.456 99.990 10.350
201603 7.434 100.080 9.091
201606 7.684 100.390 9.368
201609 7.949 100.540 9.677
201612 7.997 101.020 9.689
201703 16.743 100.910 20.307
201706 17.753 101.140 21.483
201709 18.678 101.320 22.562
201712 18.879 101.510 22.762
201803 18.398 101.730 22.134
201806 17.645 102.320 21.106
201809 18.069 102.600 21.554
201812 18.271 102.710 21.772
201903 17.018 102.870 20.247
201906 17.349 103.360 20.543
201909 16.922 103.540 20.003
201912 17.441 103.650 20.594
202003 17.327 103.490 20.491
202006 17.332 103.320 20.531
202009 17.845 103.710 21.059
202012 19.094 103.890 22.494
202103 17.928 104.870 20.923
202106 18.660 105.360 21.676
202109 18.723 106.290 21.559
202112 19.296 107.490 21.971
202203 18.698 110.950 20.626
202206 16.871 113.570 18.181
202209 16.467 114.920 17.537
202212 19.173 117.320 20.002
202303 18.750 119.750 19.163
202306 19.627 120.690 19.903
202309 20.327 121.280 20.513
202312 21.958 121.540 22.112
202403 21.101 122.360 21.106
202406 22.201 122.230 22.230
202409 24.307 122.260 24.333
202412 24.558 122.390 24.558

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.


Konecranes Oyj  (OTCPK:KNCRF) 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.


Konecranes Oyj Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Konecranes Oyj's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Konecranes Oyj Business Description

Traded in Other Exchanges
Address
Koneenkatu 8, P.O. Box 661, Hyvinkaa, FIN, FI-05801
Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Industrial Equipment segment includes, trucks, and various hoists include technologies to increase control and equipment capabilities. Port Solutions incorporates those service branches and spare part. The company's service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles. Majority of revenue is from Service segment.