KRNT (Kornit Digital) Cyclically Adjusted PB Ratio: 1.26 (As of Aug. 19, 2026) — 21% Below Median

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KRNT Kornit Digital Ltd KRNT
69 GF Score
Price $16.82
GF Value $18.15
Valuation Fairly Valued
! 6 Warning Signs
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What is Kornit Digital Cyclically Adjusted PB Ratio?

Kornit Digital KRNT -2.01% 69 Cyclically Adjusted PB Ratio is 1.26 as of Aug. 19, 2026, which is 21% below its 10-year median of 1.59. GuruFocus rates KRNT with a GF Score™ of 69/100 and a GF Value™ of $18.15 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,176 Industrial Products companies, Kornit Digital ranks better than 66.68% on this metric.

As of today (2026-08-19), Kornit Digital's current share price is $16.82. Kornit Digital's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $13.31. Kornit Digital's Cyclically Adjusted PB Ratio for today is 1.26.

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

KRNT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.59   Max: 3.1
Current: 1.29

During the past years, Kornit Digital's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 1.04. And the median was 1.59.

KRNT's Cyclically Adjusted PB Ratio is ranked better than
66.68% of 2176 companies
in the Industrial Products industry
Industry Median: 2.16 vs KRNT: 1.29

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.

Kornit Digital's adjusted book value per share data for the three months ended in Jun. 2026 was $15.495. 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 $13.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kornit Digital  (NAS:KRNT) 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.


Kornit Digital Cyclically Adjusted PB Ratio Related Terms


Kornit Digital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kornit Digital'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.

Kornit Digital Cyclically Adjusted PB Ratio Chart

Kornit Digital 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 1.96 2.84 1.16

Kornit Digital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.69 1.11 1.16 1.14 1.22

KRNT vs PSIX, FISN, NNE: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.


Kornit Digital Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


KRNT
69GF Score
Kornit Digital Ltd KRNT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kornit Digital 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.

Kornit Digital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.82/13.31
=1.26

* 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.

Kornit Digital's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kornit Digital's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.495/333.9520*333.9520
=15.495

Current CPI (Jun. 2026) = 333.9520.

Kornit Digital Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.366 241.428 4.656
201612 3.459 241.432 4.785
201703 4.259 243.801 5.834
201706 4.345 244.955 5.924
201709 4.365 246.819 5.906
201712 4.416 246.524 5.982
201803 4.457 249.554 5.964
201806 4.589 251.989 6.082
201809 4.741 252.439 6.272
201812 5.109 251.233 6.791
201903 5.164 254.202 6.784
201906 7.856 256.143 10.242
201909 8.171 256.759 10.628
201912 8.315 256.974 10.806
202003 8.127 258.115 10.515
202006 8.170 257.797 10.583
202009 11.210 260.280 14.383
202012 11.286 260.474 14.470
202103 11.506 264.877 14.507
202106 11.828 271.696 14.538
202109 12.159 274.310 14.803
202112 18.532 278.802 22.198
202203 18.538 287.504 21.533
202206 18.203 296.311 20.515
202209 17.942 296.808 20.187
202212 17.393 296.797 19.570
202303 17.060 301.836 18.875
202306 16.947 305.109 18.549
202309 16.688 307.789 18.107
202312 16.674 306.746 18.153
202403 16.436 312.332 17.574
202406 16.516 314.175 17.556
202409 16.687 315.301 17.674
202412 15.785 315.605 16.703
202503 15.902 319.799 16.606
202506 15.733 322.561 16.289
202509 15.393 324.800 15.827
202512 15.393 324.054 15.863
202603 14.598 330.213 14.763
202606 15.495 333.952 15.495

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 1.26 mean?
Kornit Digital (KRNT) has a Cyclically Adjusted PB Ratio of 1.26 as of Aug. 19, 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 Kornit Digital and its competitors. This is 21% below median its historical median of 1.59. Over the past decade, Kornit Digital's Cyclically Adjusted PB Ratio has ranged from 1.04 to 3.10. According to the industry distribution chart, Kornit Digital ranks #725 out of 2176 companies in the Industrial Products industry, placing it in the top 33.3%.
Is Kornit Digital's Cyclically Adjusted PB Ratio too high?
Kornit Digital's current Cyclically Adjusted PB Ratio of 1.26 is 21% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 3.10. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Kornit Digital's value of 1.26 is 41.7% below this industry median. Based on the distribution chart, Kornit Digital ranks #725 out of 2176 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kornit Digital has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kornit Digital's Cyclically Adjusted PB Ratio compare to PSIX and FISN?
According to the Industrial Products industry distribution chart, Kornit Digital ranks #725 out of 2176 companies for Cyclically Adjusted PB Ratio. This puts Kornit Digital in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Kornit Digital's value of 1.26 is 41.7% below this benchmark. Historically, Kornit Digital's own Cyclically Adjusted PB Ratio has ranged from 1.04 to 3.10 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 2.16, Kornit Digital 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 2.16, based on 2,176 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. Kornit Digital's current Cyclically Adjusted PB Ratio of 1.26 is 41.7% 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 Kornit Digital and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kornit Digital's current Cyclically Adjusted PB Ratio is 1.26, which is 21% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kornit Digital stock overvalued right now?
Based on GuruFocus' analysis, Kornit Digital (KRNT) is currently considered Fairly Valued. The stock's GF Value™ is $18.15, compared to a current price of $16.82 — trading 7.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 21% below median its 10-year median of 1.59 and 41.7% below the Industrial Products industry median of 2.16. Kornit Digital's overall GF Score™ is 69/100 with 6 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 Kornit Digital (KRNT), the current Cyclically Adjusted PB Ratio is 1.26 as of Aug. 19, 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 Kornit Digital (KRNT) Overvalued in 2026?

Based on GuruFocus' analysis, Kornit Digital stock appears to be undervalued. The current stock price of $16.82 is trading 7.3% below its estimated GF Value™ of $18.15. GuruFocus considers Kornit Digital to be Fairly Valued.

Key valuation signals for KRNT:

  • Cyclically Adjusted PB Ratio: 1.26 (21% below median its 10-year median of 1.59)
  • GF Value™: $18.15 vs. price of $16.82 (7.3% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 41.7% below the Industrial Products median (#725 of 2176)

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


Kornit Digital Business Description

Other Exchanges 0KD:Germany
Address 12 Ha\'Amal Street, Afek Park, Rosh-Ha\'Ayin, ISR, 4809246
Kornit Digital Ltd is a developer and provider of digital solutions for the printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services that enable large-scale printing of short-run complex images and designs directly on finished garments and fabrics. It generates revenue from sales of systems, ink, and other consumables, and services, including software subscriptions. The company geographically operates in the U.S., EMEA, Asia Pacific, and other countries. It derives maximum revenue from the U.S.
69GF Score

Get the complete analysis for KRNT

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

$16.82
Price
$18.15
GF Value