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KH Group (OHEL:KHG) Cyclically Adjusted PB Ratio : 0.29 (As of Jun. 03, 2025)


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What is KH Group Cyclically Adjusted PB Ratio?

As of today (2025-06-03), KH Group's current share price is €0.536. KH Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €1.82. KH Group's Cyclically Adjusted PB Ratio for today is 0.29.

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

OHEL:KHG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.32   Max: 0.51
Current: 0.3

During the past years, KH Group's highest Cyclically Adjusted PB Ratio was 0.51. The lowest was 0.26. And the median was 0.32.

OHEL:KHG's Cyclically Adjusted PB Ratio is ranked better than
84.09% of 465 companies
in the Conglomerates industry
Industry Median: 0.96 vs OHEL:KHG: 0.30

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.

KH Group's adjusted book value per share data for the three months ended in Mar. 2025 was €0.856. 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 €1.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


KH Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KH 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.

* Premium members only.

KH Group Cyclically Adjusted PB Ratio Chart

KH Group 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 - 0.96 0.56 0.41 0.29

KH Group Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 0.42 0.32 0.32 0.29 0.30

Competitive Comparison of KH Group's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, KH 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.


KH Group's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, KH Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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KH 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.

KH Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.536/1.82
=0.29

* 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.

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

For example, KH Group'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)
=0.856/123.0100*123.0100
=0.856

Current CPI (Mar. 2025) = 123.0100.

KH Group Quarterly Data

Book Value per Share CPI Adj_Book
201006 2.602 91.892 3.483
201009 2.725 92.232 3.634
201012 2.785 93.216 3.675
201103 2.782 94.641 3.616
201106 2.551 95.146 3.298
201109 2.555 95.643 3.286
201112 1.529 95.918 1.961
201203 1.587 97.426 2.004
201206 1.488 97.840 1.871
201209 1.538 98.226 1.926
201212 1.621 98.180 2.031
201306 1.554 99.228 1.926
201312 1.563 99.761 1.927
201406 1.465 100.147 1.799
201412 1.189 100.229 1.459
201506 1.236 100.030 1.520
201512 1.226 99.990 1.508
201606 1.288 100.390 1.578
201612 0.704 101.020 0.857
201706 0.810 101.140 0.985
201712 0.925 101.510 1.121
201812 1.160 102.710 1.389
201906 1.189 103.360 1.415
201912 1.351 103.650 1.603
202006 1.126 103.320 1.341
202012 1.333 103.890 1.578
202106 1.481 105.360 1.729
202112 1.609 107.490 1.841
202206 1.534 113.570 1.662
202209 0.000 114.920 0.000
202212 1.466 117.320 1.537
202303 0.000 119.750 0.000
202306 1.405 120.690 1.432
202309 1.312 121.280 1.331
202312 1.284 121.540 1.300
202403 1.231 122.360 1.238
202406 1.209 122.230 1.217
202409 1.259 122.260 1.267
202412 0.856 122.390 0.860
202503 0.856 123.010 0.856

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.


KH Group  (OHEL:KHG) 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.


KH Group Cyclically Adjusted PB Ratio Related Terms

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


KH Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
Etelaranta 14, Helsinki, FIN, 00130
KH Group PLC operates as an investment company. It is conglomerate that develops its business operations with a long-term perspective, thus creating value for its shareholders. There are four key business areas in the group, each of which offers products and services for B2B and consumer markets. The business segments and reporting segments are KH-Koneet and Nordic Rescue Group. Its geographic areas are Finland, Sweden, and Other. The objective is to focus on the business of the earth-moving machinery supplier KH-Koneet.

KH Group Headlines

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