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KONE Oyj (MEX:KNEBV) Cyclically Adjusted PB Ratio : 8.97 (As of May. 29, 2025)


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What is KONE Oyj Cyclically Adjusted PB Ratio?

As of today (2025-05-29), KONE Oyj's current share price is MXN1082.28. KONE Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN120.70. KONE Oyj's Cyclically Adjusted PB Ratio for today is 8.97.

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

MEX:KNEBV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.99   Med: 11.63   Max: 17.26
Current: 9.81

During the past years, KONE Oyj's highest Cyclically Adjusted PB Ratio was 17.26. The lowest was 6.99. And the median was 11.63.

MEX:KNEBV's Cyclically Adjusted PB Ratio is ranked worse than
94.02% of 2123 companies
in the Industrial Products industry
Industry Median: 1.97 vs MEX:KNEBV: 9.81

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.

KONE Oyj's adjusted book value per share data for the three months ended in Mar. 2025 was MXN89.517. 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 MXN120.70 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


KONE Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KONE Oyj'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.

* Premium members only.

KONE Oyj Cyclically Adjusted PB Ratio Chart

KONE Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.94 13.22 9.16 8.20 8.33

KONE Oyj Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.73 8.23 9.56 8.33 8.97

Competitive Comparison of KONE Oyj's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, KONE Oyj'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.


KONE Oyj's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


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KONE Oyj 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.

KONE Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1082.28/120.70
=8.97

* 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.

KONE Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, KONE Oyj's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=89.517/123.0100*123.0100
=89.517

Current CPI (Mar. 2025) = 123.0100.

KONE Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201506 67.820 100.030 83.400
201509 79.204 100.130 97.302
201512 92.256 99.990 113.495
201603 71.692 100.080 88.118
201606 87.216 100.390 106.868
201609 102.524 100.540 125.437
201612 124.084 101.020 151.095
201703 85.572 100.910 104.313
201706 93.714 101.140 113.978
201709 109.422 101.320 132.846
201712 136.072 101.510 164.892
201803 101.921 101.730 123.241
201806 116.381 102.320 139.914
201809 117.990 102.600 141.462
201812 132.644 102.710 158.860
201903 101.680 102.870 121.587
201906 110.711 103.360 131.759
201909 123.040 103.540 146.177
201912 128.394 103.650 152.376
202003 122.650 103.490 145.784
202006 133.920 103.320 159.442
202009 145.306 103.710 172.347
202012 148.197 103.890 175.471
202103 109.259 104.870 128.158
202106 120.190 105.360 140.324
202109 135.449 106.290 156.756
202112 142.051 107.490 162.561
202203 96.229 110.950 106.689
202206 100.673 113.570 109.041
202209 106.156 114.920 113.629
202212 113.294 117.320 118.789
202303 76.701 119.750 78.789
202306 78.988 120.690 80.506
202309 90.227 121.280 91.514
202312 98.487 121.540 99.678
202403 71.719 122.360 72.100
202406 88.818 122.230 89.385
202409 108.237 122.260 108.901
202412 120.968 122.390 121.581
202503 89.517 123.010 89.517

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.


KONE Oyj  (MEX:KNEBV) 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.


KONE Oyj Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of KONE Oyj's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


KONE Oyj Business Description

Industry
Address
Keilasatama 3, P.O. Box 7, Espoo, FIN, 02150
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.

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