KION GROUP AG (LTS:0QFU) Cyclically Adjusted PB Ratio: 1.02 (As of Aug. 06, 2026) — 30% Below Median

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LTS:0QFU KION GROUP AG LTS:0QFU
75 GF Score
Price €41.64
GF Value €41.04
Valuation Fairly Valued
! 3 Warning Signs
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What is KION GROUP AG Cyclically Adjusted PB Ratio?

KION GROUP AG LTS:0QFU +4.02% 75 Cyclically Adjusted PB Ratio is 1.02 as of Aug. 06, 2026, which is 30% below its 10-year median of 1.45. GuruFocus rates LTS:0QFU with a GF Score™ of 75/100 and a GF Value™ of €41.04 (Fairly Valued). The stock has 3 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, KION GROUP AG ranks better than 72.29% on this metric.

As of today (2026-08-06), KION GROUP AG's current share price is €41.64. KION GROUP AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €40.82. KION GROUP AG's Cyclically Adjusted PB Ratio for today is 1.02.

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

LTS:0QFU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.45   Max: 5.04
Current: 0.99

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 1.45.

LTS:0QFU's Cyclically Adjusted PB Ratio is ranked better than
72.29% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.545 vs LTS:0QFU: 0.99

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 Jun. 2026 was €48.413. 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 €40.82 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KION GROUP AG  (LTS:0QFU) 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
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 1.25 1.49 1.74 1.10 0.94

LTS:0QFU 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.


LTS:0QFU
75GF Score
KION GROUP AG LTS:0QFU
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
=41.64/40.82
=1.02

* 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 Jun. 2026 is calculated as:

For example, KION GROUP AG'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)
=48.413/131.3638*131.3638
=48.413

Current CPI (Jun. 2026) = 131.3638.

KION GROUP AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.621 101.017 25.515
201612 21.364 101.217 27.727
201703 23.351 101.417 30.246
201706 25.050 102.117 32.224
201709 25.390 102.717 32.471
201712 25.158 102.617 32.206
201803 25.352 102.917 32.359
201806 25.623 104.017 32.359
201809 26.542 104.718 33.296
201812 27.801 104.217 35.043
201903 28.787 104.217 36.285
201906 27.780 105.718 34.519
201909 28.592 106.018 35.428
201912 30.031 105.818 37.281
202003 0.000 105.718 0.000
202006 29.657 106.618 36.540
202009 29.331 105.818 36.412
202012 32.680 105.518 40.685
202103 35.693 107.518 43.609
202106 36.413 108.486 44.092
202109 37.968 109.435 45.576
202112 39.488 110.384 46.993
202203 41.796 113.968 48.176
202206 42.883 115.760 48.663
202209 43.806 118.818 48.431
202212 42.773 119.345 47.081
202303 43.102 122.402 46.258
202306 43.183 123.140 46.067
202309 44.564 124.195 47.136
202312 43.979 123.773 46.676
202403 45.282 125.038 47.573
202406 45.371 125.882 47.347
202409 45.068 126.198 46.913
202412 47.202 127.041 48.808
202503 46.421 127.779 47.723
202506 44.748 128.412 45.777
202509 45.855 129.255 46.603
202512 46.503 129.361 47.223
202603 47.640 131.258 47.678
202606 48.413 131.364 48.413

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 1.02 mean?
KION GROUP AG (LTS:0QFU) has a Cyclically Adjusted PB Ratio of 1.02 as of Aug. 06, 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 30% below median its historical median of 1.45. 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 #46 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 27.7%.
Is KION GROUP AG's Cyclically Adjusted PB Ratio too high?
KION GROUP AG's current Cyclically Adjusted PB Ratio of 1.02 is 30% below median its 10-year median of 1.45. 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 1.55. KION GROUP AG's value of 1.02 is 34% below this industry median. Based on the distribution chart, KION GROUP AG ranks #46 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 75/100 and is considered Fairly Valued, 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 #46 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 1.55. KION GROUP AG's value of 1.02 is 34% 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 1.45 vs. the industry median of 1.55, 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 1.55, 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 1.02 is 34% 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 1.55 — 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 1.02, which is 30% below median its own 10-year median of 1.45. 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?
Based on GuruFocus' analysis, KION GROUP AG (LTS:0QFU) is currently considered Fairly Valued. The stock's GF Value™ is €41.04, compared to a current price of €41.64 — trading 1.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is 30% below median its 10-year median of 1.45 and 34% below the Farm & Heavy Construction Machinery industry median of 1.55. KION GROUP AG's overall GF Score™ is 75/100 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 KION GROUP AG (LTS:0QFU), the current Cyclically Adjusted PB Ratio is 1.02 as of Aug. 06, 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 (LTS:0QFU) Overvalued in 2026?

Based on GuruFocus' analysis, KION GROUP AG stock appears to be overvalued. The current stock price of €41.64 is trading 1.5% above its estimated GF Value™ of €41.04. GuruFocus considers KION GROUP AG to be Fairly Valued.

Key valuation signals for LTS:0QFU:

  • Cyclically Adjusted PB Ratio: 1.02 (30% below median its 10-year median of 1.45)
  • GF Value™: €41.04 vs. price of €41.64 (1.5% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 34% below the Farm & Heavy Construction Machinery median (#46 of 166)

No single metric tells the full story. See the LTS:0QFU 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).
75GF Score

Get the complete analysis for LTS:0QFU

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

€41.64
Price
€41.04
GF Value