Kinsale Capital Group (MEX:KNSL) Cyclically Adjusted PB Ratio: (As of Aug. 26, 2026)

Author: Vera Yuan Vera Yuan
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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.

MEX:KNSL Kinsale Capital Group Inc MEX:KNSL
62 GF Score
Price MXN6,652.00
GF Value MXN9,994.37
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Kinsale Capital Group Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinsale Capital Group  (MEX:KNSL) 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.


Kinsale Capital Group Cyclically Adjusted PB Ratio Related Terms


Kinsale Capital Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kinsale Capital Group'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.

Kinsale Capital Group Cyclically Adjusted PB Ratio Chart

Kinsale Capital Group 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 0.00 17.20 11.78

Kinsale Capital Group 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 16.20 13.57 11.78 9.56 8.64

MEX:KNSL vs : Cyclically Adjusted PB Ratio Comparison

For the Insurance - Property & Casualty subindustry, Kinsale Capital Group'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.


Kinsale Capital Group Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Kinsale Capital Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kinsale Capital Group's Cyclically Adjusted PB Ratio falls into.


MEX:KNSL
62GF Score
Kinsale Capital Group Inc MEX:KNSL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinsale Capital Group 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.

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

For example, Kinsale Capital Group'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)
=89.346/333.9520*333.9520
=89.346

Current CPI (Jun. 2026) = 333.9520.

Kinsale Capital Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.009 241.428 13.845
201612 10.025 241.432 13.867
201703 10.323 243.801 14.140
201706 10.780 244.955 14.697
201709 11.021 246.819 14.912
201712 11.323 246.524 15.339
201803 11.382 249.554 15.231
201806 11.713 251.989 15.523
201809 12.150 252.439 16.073
201812 12.428 251.233 16.520
201903 13.572 254.202 17.830
201906 14.418 256.143 18.798
201909 17.602 256.759 22.894
201912 18.278 256.974 23.753
202003 18.034 258.115 23.333
202006 20.451 257.797 26.492
202009 23.569 260.280 30.240
202012 25.321 260.474 32.464
202103 25.757 264.877 32.474
202106 27.608 271.696 33.934
202109 28.887 274.310 35.168
202112 30.627 278.802 36.685
202203 29.054 287.504 33.748
202206 27.684 296.311 31.201
202209 27.021 296.808 30.403
202212 32.283 296.797 36.324
202303 35.231 301.836 38.980
202306 37.640 305.109 41.198
202309 39.864 307.789 43.253
202312 46.883 306.746 51.041
202403 50.308 312.332 53.790
202406 53.990 314.175 57.389
202409 61.618 315.301 65.263
202412 63.749 315.605 67.455
202503 67.916 319.799 70.922
202506 73.933 322.561 76.544
202509 80.186 324.800 82.445
202512 84.662 324.054 87.248
202603 85.311 330.213 86.277
202606 89.346 333.952 89.346

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.

Is Kinsale Capital Group (MEX:KNSL) Overvalued in 2026?

Based on GuruFocus' analysis, Kinsale Capital Group stock appears to be undervalued. The current stock price of MXN6,652.00 is trading 33.4% below its estimated GF Value™ of MXN9,994.37. GuruFocus considers Kinsale Capital Group to be Significantly Undervalued.

Key valuation signals for MEX:KNSL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN9,994.37 vs. price of MXN6,652.00 (33.4% below fair value)
  • GF Score™: 62/100 with 1 warning sign

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


Kinsale Capital Group Business Description

Comparable Companies
Other Exchanges KNSL:USAKCH:Germany
Address 2025 Staples Mill Road, Richmond, VA, USA, 23230
Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, professional, and a public entity. The company operates in only one reportable segment which is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.
62GF Score

Get the complete analysis for MEX:KNSL

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

MXN6,652.00
Price
MXN9,994.37
GF Value