KION GROUP AG (MEX:KGX N) Cyclically Adjusted PB Ratio: 0.94 (As of Aug. 19, 2026) — 35% Below Median

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MEX:KGX N KION GROUP AG MEX:KGX N
75 GF Score
Price MXN981.12
GF Value MXN982.76
! 3 Warning Signs
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What is KION GROUP AG Cyclically Adjusted PB Ratio?

KION GROUP AG MEX:KGX N 75 Cyclically Adjusted PB Ratio is 0.94 as of Aug. 19, 2026, which is 35% below its 10-year median of 1.44. GuruFocus rates MEX:KGX N with a GF Score™ of 75/100 and a GF Value™ of MXN982.76. The stock has 3 warning signs investors should review. Among 164 Farm & Heavy Construction Machinery companies, KION GROUP AG ranks better than 68.29% on this metric.

As of today (2026-08-19), KION GROUP AG's current share price is MXN981.12. KION GROUP AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN1,040.34. KION GROUP AG's Cyclically Adjusted PB Ratio for today is 0.94.

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

MEX:KGX N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.44   Max: 5.04
Current: 1.02

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 1.44.

MEX:KGX N's Cyclically Adjusted PB Ratio is ranked better than
68.29% of 164 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.56 vs MEX:KGX N: 1.02

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 MXN973.216. 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 MXN1,040.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KION GROUP AG  (MEX:KGX N) 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

MEX:KGX N 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.


MEX:KGX N
75GF Score
KION GROUP AG MEX:KGX N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=981.12/1040.34
=0.94

* 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)
=973.216/131.3638*131.3638
=973.216

Current CPI (Jun. 2026) = 131.3638.

KION GROUP AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 425.802 101.017 553.719
201612 464.615 101.217 602.998
201703 470.241 101.417 609.096
201706 508.770 102.117 654.484
201709 549.204 102.717 702.371
201712 584.720 102.617 748.521
201803 567.912 102.917 724.884
201806 588.169 104.017 742.801
201809 579.299 104.718 726.707
201812 621.020 104.217 782.782
201903 630.977 104.217 795.333
201906 602.970 105.718 749.245
201909 621.653 106.018 770.274
201912 629.323 105.818 781.252
202003 0.000 105.718 0.000
202006 770.891 106.618 949.815
202009 763.185 105.818 947.431
202012 790.842 105.518 984.556
202103 868.581 107.518 1,061.220
202106 873.291 108.486 1,057.455
202109 918.472 109.435 1,102.520
202112 915.326 110.384 1,089.300
202203 916.530 113.968 1,056.426
202206 911.975 115.760 1,034.901
202209 872.424 118.818 964.543
202212 883.370 119.345 972.332
202303 831.821 122.402 892.721
202306 802.090 123.140 855.654
202309 828.454 124.195 876.277
202312 814.087 123.773 864.014
202403 816.860 125.038 858.185
202406 894.731 125.882 933.698
202409 984.918 126.198 1,025.236
202412 1,030.824 127.041 1,065.898
202503 1,026.683 127.779 1,055.485
202506 971.824 128.412 994.165
202509 987.303 129.255 1,003.409
202512 980.466 129.361 995.649
202603 993.154 131.258 993.952
202606 973.216 131.364 973.216

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 0.94 mean?
KION GROUP AG (MEX:KGX N) has a Cyclically Adjusted PB Ratio of 0.94 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 KION GROUP AG and its competitors. This is 35% below median its historical median of 1.44. 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 #52 out of 164 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 31.7%.
Is KION GROUP AG's Cyclically Adjusted PB Ratio too high?
KION GROUP AG's current Cyclically Adjusted PB Ratio of 0.94 is 35% below median its 10-year median of 1.44. 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 1.56. KION GROUP AG's value of 0.94 is 39.7% below this industry median. Based on the distribution chart, KION GROUP AG ranks #52 out of 164 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, 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 #52 out of 164 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 1.56. KION GROUP AG's value of 0.94 is 39.7% 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 1.44 vs. the industry median of 1.56, 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 1.56, based on 164 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 0.94 is 39.7% 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 1.56 — 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 0.94, which is 35% below median its own 10-year median of 1.44. 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 (MEX:KGX N) has a current Cyclically Adjusted PB Ratio of 0.94. The stock's GF Value™ is MXN982.76, compared to a current price of MXN981.12 — trading 0.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is 35% below median its 10-year median of 1.44 and 39.7% below the Farm & Heavy Construction Machinery industry median of 1.56. 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 (MEX:KGX N), the current Cyclically Adjusted PB Ratio is 0.94 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 KION GROUP AG (MEX:KGX N) Overvalued in 2026?

Based on GuruFocus' analysis, KION GROUP AG stock appears to be undervalued. The current stock price of MXN981.12 is trading 0.2% below its estimated GF Value™ of MXN982.76.

Key valuation signals for MEX:KGX N:

  • Cyclically Adjusted PB Ratio: 0.94 (35% below median its 10-year median of 1.44)
  • GF Value™: MXN982.76 vs. price of MXN981.12 (0.2% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 39.7% below the Farm & Heavy Construction Machinery median (#52 of 164)

No single metric tells the full story. See the MEX:KGX N 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 MEX:KGX N

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

MXN981.12
Price
MXN982.76
GF Value