KSS (NSE:KSERASERA) Cyclically Adjusted PB Ratio: (As of Jul. 24, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is KSS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


KSS  (NSE:KSERASERA) 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.


KSS Cyclically Adjusted PB Ratio Related Terms


KSS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KSS'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.

KSS Cyclically Adjusted PB Ratio Chart

KSS Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.10 0.13 0.00 0.19

KSS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.19 0.00 0.20 0.00

NSE:KSERASERA vs DIS, NFLX, CMCSA: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, KSS'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.


KSS Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, KSS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KSS 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.

KSS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/163.2808*163.2808
=0.000

Current CPI (Dec. 2025) = 163.2808.

KSS Quarterly Data

Book Value per Share CPI Adj_Book
201603 2.546 102.518 4.055
201606 0.000 105.961 0.000
201609 3.005 105.961 4.631
201612 0.000 105.196 0.000
201703 2.554 105.196 3.964
201706 0.000 107.109 0.000
201709 0.481 109.021 0.720
201712 0.000 109.404 0.000
201803 0.682 109.786 1.014
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.486 118.202 0.671
201906 0.000 120.880 0.000
201909 0.469 123.175 0.622
201912 0.000 126.235 0.000
202003 0.187 124.705 0.245
202006 0.000 127.000 0.000
202009 0.158 130.118 0.198
202012 0.000 130.889 0.000
202103 0.125 131.771 0.155
202106 0.000 134.084 0.000
202109 0.101 135.847 0.121
202112 0.000 138.161 0.000
202203 0.064 138.822 0.075
202206 0.000 142.347 0.000
202209 0.044 144.661 0.050
202212 0.000 145.763 0.000
202303 0.037 146.865 0.041
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 0.000 153.035 0.000
202406 0.000 155.789 0.000
202409 0.015 157.882 0.016
202412 0.000 158.323 0.000
202503 0.007 157.552 0.007
202506 0.000 159.755 0.000
202509 0.006 162.289 0.006
202512 0.000 163.281 0.000

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.


KSS Business Description

Address Plot No. B-17, Morya Landmark II, Unit No. 101A and 102, 1st Floor, Andheri (West), Mumbai, MH, IND, 400053
KSS Ltd is engaged in the business of content distribution and exhibition of feature films and other activities through its subsidiaries viz., K Sera Sera Digital Cinema Limited- handling the Digital Cinema Roll Out and specializing in the Exhibition Business building Cinema Halls across India. The company has also diversified in the jewellery business by acquiring two new subsidiaries.