KNNCF (KH Neochem Co) Cyclically Adjusted PB Ratio: 1.70 (As of Jul. 20, 2026) — 11% Below Median

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KNNCF KH Neochem Co Ltd KNNCF
81 GF Score
Price $14.07
GF Value $11.63
! 7 Warning Signs
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What is KH Neochem Co Cyclically Adjusted PB Ratio?

KH Neochem Co KNNCF 81 Cyclically Adjusted PB Ratio is 1.70 as of Jul. 20, 2026, which is 11% below its 10-year median of 1.91. GuruFocus rates KNNCF with a GF Score™ of 81/100 and a GF Value™ of $11.63. The stock has 7 warning signs investors should review. Among 1,278 Chemicals companies, KH Neochem Co ranks worse than 57.51% on this metric.

As of today (2026-07-20), KH Neochem Co's current share price is $14.07. KH Neochem Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $8.26. KH Neochem Co's Cyclically Adjusted PB Ratio for today is 1.70.

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

KNNCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 1.91   Max: 2.14
Current: 2.06

During the past years, KH Neochem Co's highest Cyclically Adjusted PB Ratio was 2.14. The lowest was 1.55. And the median was 1.91.

KNNCF's Cyclically Adjusted PB Ratio is ranked worse than
57.51% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs KNNCF: 2.06

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.

KH Neochem Co's adjusted book value per share data for the three months ended in Dec. 2025 was $12.765. 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 $8.26 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


KH Neochem Co  (OTCPK:KNNCF) 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.


KH Neochem Co Cyclically Adjusted PB Ratio Related Terms


KH Neochem Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KH Neochem Co'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.

KH Neochem Co Cyclically Adjusted PB Ratio Chart

KH Neochem Co 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 0.00 0.00 0.00 1.59 1.70

KH Neochem Co 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 0.00 0.00 0.00 1.70 0.00

KNNCF vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, KH Neochem Co'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.


KH Neochem Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, KH Neochem Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KH Neochem Co's Cyclically Adjusted PB Ratio falls into.


KNNCF
81GF Score
KH Neochem Co Ltd KNNCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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KH Neochem Co 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.

KH Neochem Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.07/8.26
=1.70

* 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.

KH Neochem Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, KH Neochem Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=12.765/113.0000*113.0000
=12.765

Current CPI (Dec. 2025) = 113.0000.

KH Neochem Co Quarterly Data

Book Value per Share CPI Adj_Book
0.000 0.000
201512 3.939 98.100 4.537
201609 5.370 98.000 6.192
201612 5.797 98.400 6.657
201703 6.077 98.100 7.000
201706 6.698 98.500 7.684
201709 7.139 98.800 8.165
201712 7.456 99.400 8.476
201803 8.234 99.200 9.379
201806 8.254 99.200 9.402
201809 8.202 99.900 9.278
201812 8.662 99.700 9.818
201903 9.057 99.700 10.265
201906 9.640 99.800 10.915
201909 9.904 100.100 11.180
201912 10.173 100.500 11.438
202003 10.304 100.300 11.609
202006 10.447 99.900 11.817
202009 10.544 99.900 11.927
202012 11.259 99.300 12.812
202103 11.031 99.900 12.478
202106 11.676 99.500 13.260
202109 12.520 100.100 14.133
202112 12.996 100.100 14.671
202203 12.828 101.100 14.338
202206 11.508 101.800 12.774
202209 10.694 103.100 11.721
202212 11.868 104.100 12.883
202303 12.014 104.400 13.004
202306 11.698 105.200 12.565
202309 11.167 106.200 11.882
202312 11.951 106.800 12.645
202403 11.572 107.200 12.198
202406 11.261 108.200 11.761
202409 12.371 108.900 12.837
202412 12.135 110.700 12.387
202503 12.435 111.100 12.648
202506 13.221 111.700 13.375
202509 12.854 112.000 12.969
202512 12.765 113.000 12.765

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 1.70 mean?
KH Neochem Co (KNNCF) has a Cyclically Adjusted PB Ratio of 1.70 as of Jul. 20, 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 KH Neochem Co and its competitors. This is 11% below median its historical median of 1.91. Over the past decade, KH Neochem Co's Cyclically Adjusted PB Ratio has ranged from 1.55 to 2.14. According to the industry distribution chart, KH Neochem Co ranks #735 out of 1278 companies in the Chemicals industry, placing it in the top 57.5%.
Is KH Neochem Co's Cyclically Adjusted PB Ratio too high?
KH Neochem Co's current Cyclically Adjusted PB Ratio of 1.70 is 11% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 2.14. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. KH Neochem Co's value of 1.70 is 2.1% above this industry median. Based on the distribution chart, KH Neochem Co ranks #735 out of 1278 companies in the Chemicals industry, which is below the industry midpoint. Overall, KH Neochem Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does KH Neochem Co's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, KH Neochem Co ranks #735 out of 1278 companies for Cyclically Adjusted PB Ratio. This places KH Neochem Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. KH Neochem Co's value of 1.70 is 2.1% above this benchmark. Historically, KH Neochem Co's own Cyclically Adjusted PB Ratio has ranged from 1.55 to 2.14 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.67, KH Neochem Co has consistently been above 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,278 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. KH Neochem Co's current Cyclically Adjusted PB Ratio of 1.70 is 2.1% above 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 KH Neochem Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KH Neochem Co's current Cyclically Adjusted PB Ratio is 1.70, which is 11% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KH Neochem Co stock overvalued right now?
KH Neochem Co (KNNCF) has a current Cyclically Adjusted PB Ratio of 1.70. The stock's GF Value™ is $11.63, compared to a current price of $14.07 — trading 21% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.70, which is 11% below median its 10-year median of 1.91 and 2.1% above the Chemicals industry median of 1.67. KH Neochem Co's overall GF Score™ is 81/100 with 7 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 KH Neochem Co (KNNCF), the current Cyclically Adjusted PB Ratio is 1.70 as of Jul. 20, 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 KH Neochem Co (KNNCF) Overvalued in 2026?

Based on GuruFocus' analysis, KH Neochem Co stock appears to be overvalued. The current stock price of $14.07 is trading 21% above its estimated GF Value™ of $11.63.

Key valuation signals for KNNCF:

  • Cyclically Adjusted PB Ratio: 1.70 (11% below median its 10-year median of 1.91)
  • GF Value™: $11.63 vs. price of $14.07 (21% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 2.1% above the Chemicals median (#735 of 1278)

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


KH Neochem Co Business Description

Other Exchanges 4189:Japan
Address 2-3-1, Nihonbashi-Muromachi, 7th Floor, Muromachi Furukawa Mitsui Building, Chuo-ku, Tokyo, JPN, 103-0022
KH Neochem Co Ltd is engaged in the production and sale of various chemical products. It offers products including solvents, plasticizer alcohols and raw materials for refrigeration lubricants.
81GF Score

Get the complete analysis for KNNCF

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

$14.07
Price
$11.63
GF Value