KTCC (Key Tronic) Cyclically Adjusted PB Ratio: 0.30 (As of Jul. 18, 2026) — 46% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KTCC Key Tronic Corp KTCC
56 GF Score
Price $3.97
GF Value $2.69
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Key Tronic Cyclically Adjusted PB Ratio?

Key Tronic KTCC 56 Cyclically Adjusted PB Ratio is 0.30 as of Jul. 18, 2026, which is 46% below its 10-year median of 0.56. GuruFocus rates KTCC with a GF Score™ of 56/100 and a GF Value™ of $2.69 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,983 Hardware companies, Key Tronic ranks better than 93.24% on this metric.

As of today (2026-07-18), Key Tronic's current share price is $3.97. Key Tronic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $13.27. Key Tronic's Cyclically Adjusted PB Ratio for today is 0.30.

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

KTCC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.56   Max: 1.07
Current: 0.3

During the past years, Key Tronic's highest Cyclically Adjusted PB Ratio was 1.07. The lowest was 0.18. And the median was 0.56.

KTCC's Cyclically Adjusted PB Ratio is ranked better than
93.24% of 1983 companies
in the Hardware industry
Industry Median: 2.15 vs KTCC: 0.30

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.

Key Tronic's adjusted book value per share data for the three months ended in Mar. 2026 was $9.493. 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 $13.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Key Tronic  (NAS:KTCC) 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.


Key Tronic Cyclically Adjusted PB Ratio Related Terms


Key Tronic Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Key Tronic'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.

Key Tronic Cyclically Adjusted PB Ratio Chart

Key Tronic Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.36 0.45 0.31 0.22

Key Tronic 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 0.20 0.22 0.27 0.21 0.21

KTCC vs TBIIF, UAVS, MCRP: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Key Tronic'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.


Key Tronic Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Key Tronic's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KTCC
56GF Score
Key Tronic Corp KTCC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Key Tronic 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.

Key Tronic's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.97/13.27
=0.30

* 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.

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

For example, Key Tronic'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)
=9.493/330.2130*330.2130
=9.493

Current CPI (Mar. 2026) = 330.2130.

Key Tronic Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.844 241.018 13.487
201609 9.898 241.428 13.538
201612 9.934 241.432 13.587
201703 10.480 243.801 14.194
201706 10.833 244.955 14.603
201709 10.977 246.819 14.686
201712 10.856 246.524 14.541
201803 11.325 249.554 14.985
201806 10.974 251.989 14.381
201809 11.470 252.439 15.004
201812 11.545 251.233 15.174
201903 10.519 254.202 13.664
201906 10.637 256.143 13.713
201909 10.701 256.759 13.762
201912 10.856 256.974 13.950
202003 10.496 258.115 13.428
202006 10.739 257.797 13.756
202009 11.023 260.280 13.985
202012 11.446 260.474 14.511
202103 11.473 264.877 14.303
202106 11.495 271.696 13.971
202109 11.434 274.310 13.764
202112 11.395 278.802 13.496
202203 11.524 287.504 13.236
202206 11.604 296.311 12.932
202209 11.729 296.808 13.049
202212 11.830 296.797 13.162
202303 12.026 301.836 13.157
202306 12.137 305.109 13.136
202309 12.179 307.789 13.066
202312 12.306 306.746 13.247
202403 12.087 312.332 12.779
202406 11.521 314.175 12.109
202409 11.554 315.301 12.100
202412 11.103 315.605 11.617
202503 11.113 319.799 11.475
202506 10.884 322.561 11.142
202509 10.572 324.800 10.748
202512 9.778 324.054 9.964
202603 9.493 330.213 9.493

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 0.30 mean?
Key Tronic (KTCC) has a Cyclically Adjusted PB Ratio of 0.30 as of Jul. 18, 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 Key Tronic and its competitors. This is 46% below median its historical median of 0.56. Over the past decade, Key Tronic's Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.07. According to the industry distribution chart, Key Tronic ranks #134 out of 1983 companies in the Hardware industry, placing it in the top 6.8%.
Is Key Tronic's Cyclically Adjusted PB Ratio too high?
Key Tronic's current Cyclically Adjusted PB Ratio of 0.30 is 46% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.07. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. Key Tronic's value of 0.30 is 86% below this industry median. Based on the distribution chart, Key Tronic ranks #134 out of 1983 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Key Tronic has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Key Tronic's Cyclically Adjusted PB Ratio compare to TBIIF and UAVS?
According to the Hardware industry distribution chart, Key Tronic ranks #134 out of 1983 companies for Cyclically Adjusted PB Ratio. This places Key Tronic in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.15. Key Tronic's value of 0.30 is 86% below this benchmark. Historically, Key Tronic's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.07 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 2.15, Key Tronic 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.15, based on 1,983 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. Key Tronic's current Cyclically Adjusted PB Ratio of 0.30 is 86% 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 Key Tronic and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Key Tronic's current Cyclically Adjusted PB Ratio is 0.30, which is 46% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Tronic stock overvalued right now?
Based on GuruFocus' analysis, Key Tronic (KTCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.69, compared to a current price of $3.97 — trading 47.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.30, which is 46% below median its 10-year median of 0.56 and 86% below the Hardware industry median of 2.15. Key Tronic's overall GF Score™ is 56/100 with 9 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 Key Tronic (KTCC), the current Cyclically Adjusted PB Ratio is 0.30 as of Jul. 18, 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 Key Tronic (KTCC) Overvalued in 2026?

Based on GuruFocus' analysis, Key Tronic stock appears to be overvalued. The current stock price of $3.97 is trading 47.6% above its estimated GF Value™ of $2.69. GuruFocus considers Key Tronic to be Significantly Overvalued.

Key valuation signals for KTCC:

  • Cyclically Adjusted PB Ratio: 0.30 (46% below median its 10-year median of 0.56)
  • GF Value™: $2.69 vs. price of $3.97 (47.6% above fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 86% below the Hardware median (#134 of 1983)

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


Key Tronic Business Description

Other Exchanges KT1:Germany
Address 4424 North Sullivan Road, Spokane Valley, WA, USA, 99216
Key Tronic Corporation provides electronic manufacturing services, including engineering, materials management, manufacturing and assembly, in-house testing, and distribution to various countries. The company serves diverse industries such as pest control, personal protection, air purification, automotive, medical technology, and utilities inspection equipment. Its primary services include integrated electronic and mechanical engineering, precision plastic molding, sheet metal fabrication, printed circuit board (PCB) and complete product assembly. Key Tronic operates manufacturing facilities in the United States, Vietnam, and Mexico, recently expanding with a new facility in Arkansas. Revenue is generated mainly through contract manufacturing and service agreement.
56GF Score

Get the complete analysis for KTCC

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

$3.97
Price
$2.69
GF Value