Kinaxis (MEX:KXSN) Cyclically Adjusted PB Ratio: 9.34 (As of Aug. 12, 2026) — 27% Below Median

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MEX:KXSN Kinaxis Inc MEX:KXSN
86 GF Score
Price MXN2,217.93
GF Value MXN2,921.99
! 3 Warning Signs
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What is Kinaxis Cyclically Adjusted PB Ratio?

Kinaxis MEX:KXSN 86 Cyclically Adjusted PB Ratio is 9.34 as of Aug. 12, 2026, which is 27% below its 10-year median of 12.86. GuruFocus rates MEX:KXSN with a GF Score™ of 86/100 and a GF Value™ of MXN2,921.99. The stock has 3 warning signs investors should review. Among 1,551 Software companies, Kinaxis ranks worse than 90.65% on this metric.

As of today (2026-08-12), Kinaxis's current share price is MXN2217.93. Kinaxis's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN237.57. Kinaxis's Cyclically Adjusted PB Ratio for today is 9.34.

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

MEX:KXSN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.14   Med: 12.86   Max: 18.92
Current: 10.47

During the past years, Kinaxis's highest Cyclically Adjusted PB Ratio was 18.92. The lowest was 8.14. And the median was 12.86.

MEX:KXSN's Cyclically Adjusted PB Ratio is ranked worse than
90.65% of 1551 companies
in the Software industry
Industry Median: 2.31 vs MEX:KXSN: 10.47

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.

Kinaxis's adjusted book value per share data for the three months ended in Jun. 2026 was MXN250.409. 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 MXN237.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinaxis  (MEX:KXSN) 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.


Kinaxis Cyclically Adjusted PB Ratio Related Terms


Kinaxis Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kinaxis'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.

Kinaxis Cyclically Adjusted PB Ratio Chart

Kinaxis 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 13.03 13.14 11.38

Kinaxis 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 14.14 12.14 11.38 8.89 9.33

MEX:KXSN vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Kinaxis'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.


Kinaxis Cyclically Adjusted PB Ratio vs Software Industry

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

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


MEX:KXSN
86GF Score
Kinaxis Inc MEX:KXSN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinaxis 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.

Kinaxis's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2217.93/237.57
=9.34

* 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.

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

For example, Kinaxis'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)
=250.409/133.5265*133.5265
=250.409

Current CPI (Jun. 2026) = 133.5265.

Kinaxis Quarterly Data

Book Value per Share CPI Adj_Book
201609 65.383 101.765 85.790
201612 72.508 101.449 95.435
201703 72.797 102.634 94.709
201706 76.659 103.029 99.351
201709 83.160 103.345 107.447
201712 96.079 103.345 124.139
201803 113.023 105.004 143.724
201806 128.976 105.557 163.151
201809 128.076 105.636 161.891
201812 139.053 105.399 176.162
201903 145.247 106.979 181.291
201906 150.005 107.690 185.993
201909 161.511 107.611 200.406
201912 164.365 107.769 203.649
202003 216.114 107.927 267.374
202006 226.606 108.401 279.128
202009 225.898 108.164 278.866
202012 206.923 108.559 254.512
202103 215.979 110.298 261.465
202106 218.207 111.720 260.799
202109 232.452 112.905 274.908
202112 239.940 113.774 281.596
202203 250.090 117.646 283.850
202206 253.562 120.806 280.262
202209 266.520 120.648 294.970
202212 278.981 120.964 307.954
202303 273.904 122.702 298.067
202306 269.904 124.203 290.164
202309 283.921 125.230 302.730
202312 271.566 125.072 289.922
202403 263.830 126.258 279.019
202406 270.147 127.522 282.868
202409 291.136 127.285 305.413
202412 294.017 127.364 308.244
202503 298.635 129.181 308.681
202506 294.195 129.892 302.427
202509 291.377 130.287 298.622
202512 272.115 130.366 278.712
202603 255.779 132.262 258.224
202606 250.409 133.527 250.409

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 9.34 mean?
Kinaxis (MEX:KXSN) has a Cyclically Adjusted PB Ratio of 9.34 as of Aug. 12, 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 Kinaxis and its competitors. This is 27% below median its historical median of 12.86. Over the past decade, Kinaxis' Cyclically Adjusted PB Ratio has ranged from 8.14 to 18.92. According to the industry distribution chart, Kinaxis ranks #1406 out of 1551 companies in the Software industry, placing it in the top 90.7%.
Is Kinaxis' Cyclically Adjusted PB Ratio too high?
Kinaxis' current Cyclically Adjusted PB Ratio of 9.34 is 27% below median its 10-year median of 12.86. Over the past 10 years, this metric has ranged from a low of 8.14 to a high of 18.92. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Kinaxis' value of 9.34 is 304.3% above this industry median. Based on the distribution chart, Kinaxis ranks #1406 out of 1551 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Kinaxis has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Kinaxis' Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Kinaxis ranks #1406 out of 1551 companies for Cyclically Adjusted PB Ratio. This places Kinaxis in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Kinaxis' value of 9.34 is 304.3% above this benchmark. Historically, Kinaxis' own Cyclically Adjusted PB Ratio has ranged from 8.14 to 18.92 over the past decade. While the company's 10-year median is 12.86 vs. the industry median of 2.31, Kinaxis has consistently been above 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,551 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. Kinaxis's current Cyclically Adjusted PB Ratio of 9.34 is 304.3% above 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 Kinaxis and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinaxis's current Cyclically Adjusted PB Ratio is 9.34, which is 27% below median its own 10-year median of 12.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinaxis stock overvalued right now?
Kinaxis (MEX:KXSN) has a current Cyclically Adjusted PB Ratio of 9.34. The stock's GF Value™ is MXN2,921.99, compared to a current price of MXN2,217.93 — trading 24.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.34, which is 27% below median its 10-year median of 12.86 and 304.3% above the Software industry median of 2.31. Kinaxis' overall GF Score™ is 86/100 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 Kinaxis (MEX:KXSN), the current Cyclically Adjusted PB Ratio is 9.34 as of Aug. 12, 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 Kinaxis (MEX:KXSN) Overvalued in 2026?

Based on GuruFocus' analysis, Kinaxis stock appears to be undervalued. The current stock price of MXN2,217.93 is trading 24.1% below its estimated GF Value™ of MXN2,921.99.

Key valuation signals for MEX:KXSN:

  • Cyclically Adjusted PB Ratio: 9.34 (27% below median its 10-year median of 12.86)
  • GF Value™: MXN2,921.99 vs. price of MXN2,217.93 (24.1% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 304.3% above the Software median (#1406 of 1551)

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


Kinaxis Business Description

Address 3199 Palladium Drive, Ottawa, ON, CAN, K2T 0N9
Kinaxis Inc is a provider of cloud-based subscription software that enables its customers to improve and accelerate analysis and decision-making across their supply chain operations. The company has operations in the United States, Japan, Hong Kong, The Netherlands, South Korea, the United Kingdom, Romania, Mexico, Singapore, France, Ireland, Germany, India, and Canada, and a majority of the revenue comes from the United States.
86GF Score

Get the complete analysis for MEX:KXSN

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

MXN2,217.93
Price
MXN2,921.99
GF Value