KNNGF (KION GROUP AG) Cyclically Adjusted PB Ratio: 1.12 (As of Jul. 26, 2026) — 24% Below Median

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KNNGF KION GROUP AG KNNGF
80 GF Score
Price $55.11
GF Value $54.22
! 4 Warning Signs
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What is KION GROUP AG Cyclically Adjusted PB Ratio?

KION GROUP AG KNNGF 80 Cyclically Adjusted PB Ratio is 1.12 as of Jul. 26, 2026, which is 24% below its 10-year median of 1.47. GuruFocus rates KNNGF with a GF Score™ of 80/100 and a GF Value™ of $54.22. The stock has 4 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, KION GROUP AG ranks better than 71.08% on this metric.

As of today (2026-07-26), KION GROUP AG's current share price is $55.1132. KION GROUP AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $49.13. KION GROUP AG's Cyclically Adjusted PB Ratio for today is 1.12.

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

KNNGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.47   Max: 5.04
Current: 1

During the past years, KION GROUP AG's highest Cyclically Adjusted PB Ratio was 5.04. The lowest was 0.69. And the median was 1.47.

KNNGF's Cyclically Adjusted PB Ratio is ranked better than
71.08% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.615 vs KNNGF: 1.00

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.

KION GROUP AG's adjusted book value per share data for the three months ended in Mar. 2026 was $55.075. 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 $49.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KION GROUP AG  (OTCPK:KNNGF) 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.


KION GROUP AG Cyclically Adjusted PB Ratio Related Terms


KION GROUP AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KION GROUP 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.

KION GROUP AG Cyclically Adjusted PB Ratio Chart

KION GROUP 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 4.33 0.93 1.18 0.88 1.74

KION GROUP AG 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 1.03 1.25 1.49 1.74 1.10

KNNGF vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, KION GROUP 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.


KION GROUP AG Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

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

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


KNNGF
80GF Score
KION GROUP AG KNNGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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KION GROUP 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.

KION GROUP AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.1132/49.13
=1.12

* 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.

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

For example, KION GROUP AG'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)
=55.075/131.2583*131.2583
=55.075

Current CPI (Mar. 2026) = 131.2583.

KION GROUP AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.011 100.717 24.776
201609 22.022 101.017 28.615
201612 22.536 101.217 29.225
201703 24.974 101.417 32.322
201706 28.146 102.117 36.178
201709 30.263 102.717 38.672
201712 29.773 102.617 38.083
201803 31.260 102.917 39.868
201806 29.933 104.017 37.772
201809 30.970 104.718 38.819
201812 31.628 104.217 39.834
201903 32.528 104.217 40.968
201906 31.390 105.718 38.974
201909 31.489 106.018 38.986
201912 33.368 105.818 41.390
202003 0.000 105.718 0.000
202006 33.398 106.618 41.117
202009 34.547 105.818 42.853
202012 39.757 105.518 49.456
202103 42.492 107.518 51.874
202106 43.871 108.486 53.080
202109 44.668 109.435 53.576
202112 44.620 110.384 53.058
202203 46.031 113.968 53.014
202206 45.331 115.760 51.400
202209 43.372 118.818 47.913
202212 45.310 119.345 49.833
202303 46.148 122.402 49.487
202306 46.786 123.140 49.870
202309 47.561 124.195 50.266
202312 47.960 123.773 50.860
202403 49.220 125.038 51.669
202406 48.839 125.882 50.925
202409 50.020 126.198 52.026
202412 49.426 127.041 51.067
202503 50.184 127.779 51.550
202506 51.613 128.412 52.757
202509 53.821 129.255 54.655
202512 54.453 129.361 55.252
202603 55.075 131.258 55.075

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 1.12 mean?
KION GROUP AG (KNNGF) has a Cyclically Adjusted PB Ratio of 1.12 as of Jul. 26, 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 KION GROUP AG and its competitors. This is 24% below median its historical median of 1.47. Over the past decade, KION GROUP AG's Cyclically Adjusted PB Ratio has ranged from 0.69 to 5.04. According to the industry distribution chart, KION GROUP AG ranks #48 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 28.9%.
Is KION GROUP AG's Cyclically Adjusted PB Ratio too high?
KION GROUP AG's current Cyclically Adjusted PB Ratio of 1.12 is 24% below median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 5.04. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.62. KION GROUP AG's value of 1.12 is 30.7% below this industry median. Based on the distribution chart, KION GROUP AG ranks #48 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, KION GROUP AG has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does KION GROUP AG's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, KION GROUP AG ranks #48 out of 166 companies for Cyclically Adjusted PB Ratio. This puts KION GROUP AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. KION GROUP AG's value of 1.12 is 30.7% below this benchmark. Historically, KION GROUP AG's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 5.04 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.62, KION GROUP 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 a Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.62, based on 166 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. KION GROUP AG's current Cyclically Adjusted PB Ratio of 1.12 is 30.7% 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 KION GROUP AG and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KION GROUP AG's current Cyclically Adjusted PB Ratio is 1.12, which is 24% below median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KION GROUP AG stock overvalued right now?
KION GROUP AG (KNNGF) has a current Cyclically Adjusted PB Ratio of 1.12. The stock's GF Value™ is $54.22, compared to a current price of $55.11 — trading 1.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 24% below median its 10-year median of 1.47 and 30.7% below the Farm & Heavy Construction Machinery industry median of 1.62. KION GROUP AG's overall GF Score™ is 80/100 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 KION GROUP AG (KNNGF), the current Cyclically Adjusted PB Ratio is 1.12 as of Jul. 26, 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 KION GROUP AG (KNNGF) Overvalued in 2026?

Based on GuruFocus' analysis, KION GROUP AG stock appears to be overvalued. The current stock price of $55.11 is trading 1.6% above its estimated GF Value™ of $54.22.

Key valuation signals for KNNGF:

  • Cyclically Adjusted PB Ratio: 1.12 (24% below median its 10-year median of 1.47)
  • GF Value™: $54.22 vs. price of $55.11 (1.6% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 30.7% below the Farm & Heavy Construction Machinery median (#48 of 166)

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


KION GROUP AG Business Description

Address Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549
KION GROUP AG is a provider of industrial trucks and supply chain solutions. Its portfolio encompasses industrial trucks, such as forklift trucks and warehouse trucks, as well as integrated automation technology and software solutions for the optimization of supply chains, including all related services. The company's segment include: Industrial Trucks & Services, Supply Chain Solutions, and Corporate Services. of which it derives maximum revenue from Industrial Trucks & Services. Geographically, it operates in EMEA (western Europe, eastern Europe, Middle East, and Africa), Americas (North America, Central and South America), and APAC (China, and APAC excluding China), of which it derives maximum revenue from EMEA (western Europe, eastern Europe, Middle East, and Africa).
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$55.11
Price
$54.22
GF Value