KPLUY (K+S AG) Cyclically Adjusted PB Ratio: 0.48 (As of Jul. 25, 2026) — 25% Below Median

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KPLUY K+S AG KPLUY
66 GF Score
Price $8.25
GF Value $7.51
Valuation Fairly Valued
! 3 Warning Signs
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What is K+S AG Cyclically Adjusted PB Ratio?

K+S AG KPLUY +1.13% 66 Cyclically Adjusted PB Ratio is 0.48 as of Jul. 25, 2026, which is 25% below its 10-year median of 0.64. GuruFocus rates KPLUY with a GF Score™ of 66/100 and a GF Value™ of $7.51 (Fairly Valued). The stock has 3 warning signs investors should review. Among 200 Agriculture companies, K+S AG ranks better than 89.5% on this metric.

As of today (2026-07-25), K+S AG's current share price is $8.2526. K+S AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $17.31. K+S AG's Cyclically Adjusted PB Ratio for today is 0.48.

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

KPLUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.64   Max: 1.53
Current: 0.48

During the past years, K+S AG's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.25. And the median was 0.64.

KPLUY's Cyclically Adjusted PB Ratio is ranked better than
89.5% of 200 companies
in the Agriculture industry
Industry Median: 1.37 vs KPLUY: 0.48

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.

K+S AG's adjusted book value per share data for the three months ended in Mar. 2026 was $15.283. 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 $17.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


K+S AG  (OTCPK:KPLUY) 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.


K+S AG Cyclically Adjusted PB Ratio Related Terms


K+S AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for K+S 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.

K+S AG Cyclically Adjusted PB Ratio Chart

K+S 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 0.69 0.73 0.52 0.36 0.42

K+S 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 0.43 0.53 0.39 0.42 0.54

KPLUY vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, K+S 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.


K+S AG Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, K+S AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where K+S AG's Cyclically Adjusted PB Ratio falls into.


KPLUY
66GF Score
K+S AG KPLUY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

K+S 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.

K+S AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.2526/17.31
=0.48

* 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.

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

For example, K+S 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)
=15.283/131.2583*131.2583
=15.283

Current CPI (Mar. 2026) = 131.2583.

K+S AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.816 100.717 16.702
201609 12.420 101.017 16.138
201612 12.540 101.217 16.262
201703 12.875 101.417 16.663
201706 12.604 102.117 16.201
201709 13.270 102.717 16.957
201712 12.858 102.617 16.447
201803 12.884 102.917 16.432
201806 12.623 104.017 15.929
201809 12.770 104.718 16.007
201812 12.311 104.217 15.505
201903 13.156 104.217 16.570
201906 12.950 105.718 16.079
201909 13.113 106.018 16.235
201912 13.043 105.818 16.179
202003 12.305 105.718 15.278
202006 12.541 106.618 15.439
202009 6.451 105.818 8.002
202012 7.058 105.518 8.780
202103 8.203 107.518 10.014
202106 10.569 108.486 12.788
202109 14.259 109.435 17.103
202112 15.524 110.384 18.460
202203 16.461 113.968 18.958
202206 17.169 115.760 19.468
202209 16.864 118.818 18.630
202212 18.596 119.345 20.452
202303 19.333 122.402 20.732
202306 19.276 123.140 20.547
202309 19.200 124.195 20.292
202312 19.798 123.773 20.995
202403 19.748 125.038 20.730
202406 19.176 125.882 19.995
202409 19.352 126.198 20.128
202412 18.160 127.041 18.763
202503 18.598 127.779 19.104
202506 13.841 128.412 14.148
202509 13.969 129.255 14.185
202512 15.967 129.361 16.201
202603 15.283 131.258 15.283

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 0.48 mean?
K+S AG (KPLUY) has a Cyclically Adjusted PB Ratio of 0.48 as of Jul. 25, 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 K+S AG and its competitors. This is 25% below median its historical median of 0.64. Over the past decade, K+S AG's Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.53. According to the industry distribution chart, K+S AG ranks #21 out of 200 companies in the Agriculture industry, placing it in the top 10.5%.
Is K+S AG's Cyclically Adjusted PB Ratio too high?
K+S AG's current Cyclically Adjusted PB Ratio of 0.48 is 25% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.53. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.37. K+S AG's value of 0.48 is 65% below this industry median. Based on the distribution chart, K+S AG ranks #21 out of 200 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, K+S AG has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does K+S AG's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, K+S AG ranks #21 out of 200 companies for Cyclically Adjusted PB Ratio. This places K+S AG in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.37. K+S AG's value of 0.48 is 65% below this benchmark. Historically, K+S AG's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.53 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.37, K+S 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 Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.37, based on 200 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. K+S AG's current Cyclically Adjusted PB Ratio of 0.48 is 65% 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 K+S AG and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K+S AG's current Cyclically Adjusted PB Ratio is 0.48, which is 25% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K+S AG stock overvalued right now?
Based on GuruFocus' analysis, K+S AG (KPLUY) is currently considered Fairly Valued. The stock's GF Value™ is $7.51, compared to a current price of $8.25 — trading 9.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is 25% below median its 10-year median of 0.64 and 65% below the Agriculture industry median of 1.37. K+S AG's overall GF Score™ is 66/100 with 3 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 K+S AG (KPLUY), the current Cyclically Adjusted PB Ratio is 0.48 as of Jul. 25, 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 K+S AG (KPLUY) Overvalued in 2026?

Based on GuruFocus' analysis, K+S AG stock appears to be overvalued. The current stock price of $8.25 is trading 9.9% above its estimated GF Value™ of $7.51. GuruFocus considers K+S AG to be Fairly Valued.

Key valuation signals for KPLUY:

  • Cyclically Adjusted PB Ratio: 0.48 (25% below median its 10-year median of 0.64)
  • GF Value™: $7.51 vs. price of $8.25 (9.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 65% below the Agriculture median (#21 of 200)

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


K+S AG Business Description

Address Bertha-von-Suttner-Strasse 7, Kassel, DEU, 34131
K+S AG produces two products: fertilizer and salt. The company engaged in business with potash and magnesium products from plants in Germany and Canadian sites in Bethune, as well as the European salt activities. It also includes the waste disposal and recycling business in Germany. extraction and processing of raw materials.
66GF Score

Get the complete analysis for KPLUY

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

$8.25
Price
$7.51
GF Value